Tourism and Hotel Management
Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

General course introduction information

Course Code:

MUHD327

Course Name:

Cost Management

Course Semester:

Spring

Course Credits:

Theoretical	Practical	Credit	ECTS
3	0	3	6

Language of instruction:

Course Requisites:

Does the Course Require Work Experience?:

Type of course:

Compulsory

Course Level:

Bachelor

TR-NQF-HE:6. Master`s Degree

QF-EHEA:First Cycle

EQF-LLL:6. Master`s Degree

Mode of Delivery:

Face to face

Course Coordinator :

Assoc. Prof. HÜSEYİN MERT

Course Lecturer(s):

Assoc. Prof. HÜSEYİN MERT
Dr.Öğr.Üyesi İLKER CALAYOĞLU

Course Assistants:

Course Objective and Content

Course Objectives:	Cost methods and cost analysis techniques are aimed at managing business budgets, inventory planning and control.
Course Content:	Cost and Elements, Cost Loading Methods; Full Cost, Normal Cost and Variable Cost methods; Standard Costs and Deviation Analysis; Valid Cost Analysis in Management Decisions; Cost, Volume and Profit Analysis; Business Budget; Inventory Planning and Control.

Learning Outcomes

The students who have succeeded in this course;

Learning Outcomes

1 - Knowledge
Theoretical - Conceptual
2 - Skills
Cognitive - Practical
3 - Competences
Communication and Social Competence
Learning Competence
Field Specific Competence
1) • Interprets the events encountered while performing the accounting profession ethically. • Explains the cost and its elements. • Explains Cost Calculation methods and differences. • Know how to make cost analysis for management decisions. • Explains cost-quantity and profit relationships. • Explain the use of budgets in business management.
Competence to Work Independently and Take Responsibility

Lesson Plan

Week	Subject	Related Preparation
1)	• Cost and elements.	The course will be reviewed. Topics covered in the course will be repeated.
2)	• Full cost method.	The course will be reviewed. Topics covered in the course will be repeated.
3)	• Normal cost method.	The course will be reviewed. Topics covered in the course will be repeated.
4)	• Variable cost method.	The course will be reviewed. Topics covered in the course will be repeated.
5)	• Standard Cost Method.	The course will be reviewed. Topics covered in the course will be repeated.
6)	• Deviation analysis applications.	The course will be reviewed. Topics covered in the course will be repeated.
7)	• Management decisions and cost analysis.	The course will be reviewed. Topics covered in the course will be repeated.
8)	• Cost analysis applications for management decisions	The course will be reviewed. Topics covered in the course will be repeated.
9)	• Cost, volume and profit relationships.	The course will be reviewed. Topics covered in the course will be repeated.
10)	• Cost, volume and profit relationships.	The course will be reviewed. Topics covered in the course will be repeated.
11)	• Operating budgets.	The course will be reviewed. Topics covered in the course will be repeated.
12)	• Business Budget Applications	The course will be reviewed. Topics covered in the course will be repeated
13)	• Inventory planning	The course will be reviewed. Topics covered in the course will be repeated
14)	• Inventory planning	The course will be reviewed. Topics covered in the course will be repeated.
16)	Final Exam
16)	Final Exam

Sources

Course Notes / Textbooks:	Ders Hocasının Notları
References:	Diğer K aynaklar

Course-Program Learning Outcome Relationship

Learning Outcomes	1
Program Outcomes
1) Learning the facts, concepts and principles related to tourism and hotel management
2) Having a theoretical and practical knowledge at the basic level related to the field
3) To be able to make analytical evaluations for tourism and travel sector
4) Learning the basic laws and regulations and professional standarts that apply regarding the tourism sector in Turkey and physical environment associated with hotel management space, tools, and use acquainted with the technology, applying the ethical values, protecting the natural environment
5) To be able to work efficiently in the tourism sector
6) Learning the characteristics of the major tourist destinations to apply this knowledge in the tourism sector for Turkey and worldwide
7) Organizing, coordinating and developing departments in accommodation organizations
8) To be able to define and develop sales techniques and income management practices applied in accommodation and food and beverage companies
9) Demonstrating the ability to apply professional working techniques in food and beverage establishments

Course - Learning Outcome Relationship

No Effect	1 Lowest	2 Low	3 Average	4 High	5 Highest

	Program Outcomes	Level of Contribution
1)	Learning the facts, concepts and principles related to tourism and hotel management
2)	Having a theoretical and practical knowledge at the basic level related to the field
3)	To be able to make analytical evaluations for tourism and travel sector
4)	Learning the basic laws and regulations and professional standarts that apply regarding the tourism sector in Turkey and physical environment associated with hotel management space, tools, and use acquainted with the technology, applying the ethical values, protecting the natural environment
5)	To be able to work efficiently in the tourism sector
6)	Learning the characteristics of the major tourist destinations to apply this knowledge in the tourism sector for Turkey and worldwide
7)	Organizing, coordinating and developing departments in accommodation organizations
8)	To be able to define and develop sales techniques and income management practices applied in accommodation and food and beverage companies
9)	Demonstrating the ability to apply professional working techniques in food and beverage establishments

Learning Activity and Teaching Methods

Field Study
Peer Review
Expression
Brainstorming/ Six tihnking hats
Individual study and homework
Lesson
Group study and homework
Lab
Reading
Homework
Problem Solving
Project preparation

Assessment & Grading Methods and Criteria

Assessment & Grading

Semester Requirements	Number of Activities	Level of Contribution
Quizzes	2	% 0
Homework Assignments	2	% 10
Midterms	1	% 40
Final	1	% 50
total		% 100
PERCENTAGE OF SEMESTER WORK		% 50
PERCENTAGE OF FINAL WORK		% 50
total		% 100

Workload and ECTS Credit Grading

Activities	Number of Activities	Workload
Course Hours	16	48
Study Hours Out of Class	16	96
Presentations / Seminar	1	6
Midterms	1	12
Final	1	15
Total Workload		177