Airline Finance and Accounting Management - University of Geneva (Classroom, 3 days)

Did you know that in the past 3 years, 85 participants from 31 countries have taken this course with IATA?

About

This course is designed to meet the requirements of current and future air transport managers who need to understand and use financial information to maximize their firm’s value. The course aims at demonstrating how deeply connected accounting and finance are with strategic choices made by airlines and at identifying key drivers that affect financial performance. The course draws both on case studies and on real life examples to illustrate the usefulness of concepts and frameworks in facilitating decision-making.

This course is available at IATA Training Centers and Regional Training Partner locations, and on-demand as in-house training.

Course Code: TALF-60

Course format

• This classroom course provides 3 days (24 hours) of instruction delivered by an official IATA Instructor / University of Geneva Professor.
• This course has been customized into a three-day format for the IATA-University of Geneva Aviation Management program. It may be taken as a single certificate course, or as part of the Diploma in Advanced Studies in Aviation Management, or Executive MBA with specialization in aviation management.
• Student performance will be based on an assessment

Prerequisites

• There are no prerequisites for this course
• Recommended level is Intermediate
• The recommended level of language proficiency is ICAO Operational Level 4 for courses in English or equivalent for other languages.

What you will learn

Upon completion of this course you will be able to:

• Interpret airline financial statements.
• Compare your airline’s performance (benchmark) against other airlines.
• Develop an analytical approach to cost management, including how to identify performance improvement areas.
• Identify the key factors and risks affecting airline profitability, liquidity and solvency.

Course content

• The role of finance in the organization
• Management of airline current assets
• Analysis of financial performance
• Airline costs classification
• Capital budgeting

Who should attend

This course is recommended for:

• Financial officers and accountants
• Treasury managers
• Station accountants
• Business unit managers

Certificate awarded

An IATA Certificate of Completion is awarded to participants obtaining a grade of 70% or higher on all exercises and exams. A special distinction is awarded to participants obtaining a grade of 90% or higher.

Participants enrolled in the Diploma in Advanced Studies in Aviation Management will benefit from receiving an academic diploma from both University of Geneva and IATA.