Airline Finance & Accounting Management
Analyze and control your airline’s financial performance with this introduction to airline capital structure and cost classification, cash management and financial planning. Apply your knowledge thanks to hands-on experience with airline case studies.
This module offers classroom instruction and Haaga-Helia Moodle activities, where study materials and the content are based on IATA’s Airline Finance & Accounting Management module.
This module qualifies for 5 credits (135 hours of study) to be completed in 3 months from the enrollment. Student performance will be based on an examination.
This module is meant to prepare the students for the IATA’s Airline Finance & Accounting Management certificate (subject to confirmed registration in IATA’s Learning Management System). More information about the registration is available from the instructors.
Those students, who register in IATA Learning Management System (a registration fee is applied), will be enrolled in an exam session administered by IATA, and on a successful completion, will be entitled for IATA certificate. More information about the IATA certification is available from the instructors.
What you will learn
Upon completing this course you will have the skills to:Evaluate the financial manager's role within the airline management team
Conduct financial analyses
Initiate change and improve performance using a functional approach to cost management
Apply your knowledge thanks to hands-on experience with airline case studies
- Airline capital structure and cost classification
- Sources and application of funds
- Cash management and financial planning
- Airline financial control
- Capital budgeting
The course takes IATA module structure as the basis and offers
Block 1: Module 1 and Module 3 - self study
Block 2: Module 2, Module 5, and Module 8 contact days (financial accounting) Tuesday, March 12; Tuesday, March 19;
Block 3: Module 4, Module 6, Module 7 contact days (management accounting) Tuesday, April 8; Tuesday, April 16;
Block 4: Module 9 – self-study
Who should attend
This course is recommended for the students, who are interested in learning more about:
- Financial management and accounting in the context of the airline industry
- Financial analysis and reporting in the context of the airline industry
Price of the training is EUR 1 700 / person (+ VAT 24 %)
Price includes teaching, course material (~EUR 400), exam and certificate.
Training is billed in one installment before the beginning of the training. Participation can be canceled without expenses 14 days prior to start. If canceled less than 14 days prior to the start of training, we charge 50 % of the cost of the training. If the training is not canceled, we charge the full price for the course. Training is carried out if there are at least ten participants.
Anna Sivonen is a Senior Lecturer in Business Degree Programmes on Porvoo Campus, Haaga-Helia University of Applied Sciences. Anna Sivonen’s expertise includes management accounting and corporate finance. Anna Sivonen has experience in the engineering industry and a strong pedagogical background. Anna.Sivonen@haaga-helia.fi
Ivan Berazhny is Senior Lecturer in Business Degree Programmes on Porvoo Campus, Haaga-Helia University of Applied Sciences. Ivan Berazhny’s expertise includes aviation and tourism subjects. Ivan Berazhny has experience in the airline industry and export of education. Ivan.Berazhny@haaga-helia.fi
An IATA Certificate is awarded upon successful completion of the final examination.
IATA - Authorized Training Center
Haaga-Helia has been since the beginning of 2018 an IATA Authorized Training Center. We are the local trainer in Helsinki area, in Finland. We offer different kind of IATA trainings, with passion and knowledge.
The acronym IATA stands for International Air Transport Association, which is the trade association for the world´s airlines. It represents some 290 airlines or 82% of total air traffic. It supports many areas of aviation activity and help formulate industry policy on critical aviation issues. IATA was founded in 1945 in Havana, Cuba and it is the prime vehicle for interairline cooperation in promoting safe, reliable, secure and economical air services for the benefit of the world’s consumers. It's vision is to be the force for value creation and innovation driving a safe, secure and profitable air transport industry that sustainably connects and enriches our world.
Reasons to participate our IATA trainings
In order for an IATA accredited travel agency to be able to issue tickets through BSP, it is required that a certain part of the staff has completed IATA training. In addition, with an IATA diploma you can work within the industry anywhere in the world. Come and learn with the guidance of our certified trainers!