This part of the semester presents the key principles of finance necessary to understand and implement the finance function in an organisation and carry out the financial analysis that justifies the decision-making process. In addition, you will start collecting data for your Master thesis.
In this phase you choose an elective module (see below). In addition, you write a master's thesis based on your research. If you want to gain extra practical experience, you can do so after completing this module in our Notiz Hotel.
You can choose between five exciting electives (subject to change and scheduling):
1. Entrepreneurship & Innovation
This elective focuses on entrepreneurship, innovative concepts and business perspectives. This module is an accelerated research-based programme. It is designed to provide you with the opportunity to gain the skills, framework, and learning experiences necessary to create business opportunities in service-orientated organisations, or new companies. You do this by developing entrepreneurial and innovative solutions.
2. Managing Events Organisations
In this elective, you will learn what it takes to manage an event’s organisation. You will also learn how to create competitive advantages that lead to success.
This module focuses on a research project related to the research programmes at AIHR, the research unit of Hotel Management School Leeuwarden.
4. Elective Design Based Education projects
In this elective, you work on a project for a service organisation, conducting research that will contribute to solving an issue currently faced by the client company.
5. Sustainability - Food & Culinary Traditions
The elective and its core theme are connected to a current project led by Dr. Lucia Tomassini and Prof. Elena Cavagnaro. It looks at the role of family recipes in fostering plant-based food consumption and social inclusiveness. It aims to collect and organize plant-based family recipes from Dutch residents with different cultural backgrounds.
The elective offers a blend of theoretical knowledge, practical skills development, and real-world insights from the industry, providing students with a comprehensive understanding of future-proof leadership in the hospitality sector. Topics include diversity, equity and inclusion, leadership styles, organizational culture, emotional intelligence, and intercultural perspectives.