Lyceum of the Philippines University

The Claro M. Recto Academy of Advance Studies

AY 2019

SYLLABUS

Subject Code : PhD - IHM

Subject Title : INVESTMENT STRATEGIES
No. of Units : Three (3) units
Learning Hours/Week : Nine (9) hours
Laboratory Hours/Week : None
Pre-requisites : None

Course Description:
The course will examine the financial cycle of hospitality investments, including an
analysis of market conditions for investing, development and acquisition activities, debt and
equity investment components, due diligence process, management and brand considerations,
and investment analysis for renovation or repositioning decisions and disposition. The subjects to
be examined in this course include: real estate valuation principles and procedures, replacement
cost, sales comparison, and income capitalization; investment underwriting; portfolio
management; franchising; sources and uses of capital; legal aspects of investing; market
strategies; and investing in international hotel markets.
An analysis of the operation of financial markets, the range of instruments, and the
implications on hotel finance. Analytical techniques, concepts, theories, and structures will be
explored, including: the operation of financial markets, financial analytical techniques, financial
structures, alternative sources and uses of capital, brokerage firms, investment banks,
commercial banks, private investment funds, and current investment and lending trends.

Program Objectives:

Students of this course are expected to:

1. Analyze factors that influence the decision to invest in hotel real estate.
2. Evaluate hotel acquisition and development opportunities.
3. Value a hotel using appropriate techniques and considering the different parties
to a transaction, including the seller, buyer, broker, or lender.
4. Examine the range of ownership considerations, including the selection of a management company and franchise
affiliation.
5. Compare the four types of the capital markets, the sources of debt and equity financing for lodging facilities, and the
role of leverage in improving project returns.

Course Objectives:

By the end of this course, each student should be able to:

1. Interpret hospitality industry financial situations in terms of macro and micro economic theories.
2. Compare the economic and financial structures of various sectors of the hospitality industry.
3. Analyze the financial strength of properties, companies, and the industry.
4. Analyze the operational structures and daily workings of the capital markets.
5. Comprehend corporate finance principles and policy formulation used in the hospitality industry.
6. Analyze sources and uses of capital in the hospitality industry.

Learning Objectives:

1. Affective
1.1 Develop the students’ critical thinking ability and awareness/understanding of various
analytical tools for resolving problems in general and problematic LGUs situations in
particular
1.2 Develop the students’ confidence in applying analytical tools studied

2. Cognitive
2.1 Develop the mental discipline to analyze a problem into its components and identify the
information requirements involved in its resolution
2.2 Know and understand how to apply various analytical tools in problem-solving and
decision-making

3. Psychomotor
Effectively explain the resolution of a problem, including the information required and the
analytical tool utilized
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Learning Goals:

Upon completion of the course, the student shall be expected to:

Competencies Learning Goals Mission Deployment

1. Communication Develop the skills to explain the approach to
solving problems, particularly business- 1, 2, 3, 4
related problem situations
2. Information Retrieval Identify the information requirements of a
and Evaluation given problem and relate them to the relevant 1, 2, 3, 4
quantitative tools
3. Proactive and Spiritual Internalize the importance of integrity in
Values generating, processing and presenting 5, 6
information and arriving at solutions
4. Teamwork and Develop leadership skills in marshalling team
Leadership efforts to generate, process and use data in 5, 6
arriving at relevant business decisions
5. Creative and Analytical Develop an analytical mindset in approaching
Thinking problems and the mental discipline to explore 1, 2, 3, 4
various solutions, including “out of the box”
approaches
6. Computer Literacy Utilize information technology in processing
information and in presenting analyses and 2, 3, 4
solutions
7. Entrepreneurial Develop the facility to apply tools learned in
developing and managing businesses 1, 2, 3, 4, 5, 6

Course Format:

The course format for instruction will be utilizing the following:

1. Direct teaching through lectures
2. Interactive learning and sharing of experiences of students.
3. Independent learning through the preparation of portfolios.
4. Comparative Analyses of different countries.
5. Critical Analyses of Industry cases.

Course Outline

Learning Outcome-Based No. of hours /

Subject Matter
Objectives Methodology meeting/week
Introduce the course to
the students and its Classroom policies Getting-to-know-you Meeting 1
requirements activity

Discuss the mission, Activity on setting

vision, and the academic expectations
directives of the Course requirements
university, particularly the Outcomes-based Open forum about OBE
full implementation of the Education
Outcomes-based Dialogue
Education (OBE)

Presentation of syllabus
and review of basic Topic: Lecture and Discussion
concepts in Local “Investment
Government & Finance, Introduction 101”

Understand concepts and Formation of discussion

their real- world groups composed of class
applications members; Self-study activity

Develop the ability to Presentation of group

apply principles/concepts outputs (solutions to Group discussion
studied in solving assigned problems/cases);
problems;

Facilitate problem-
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solving and analyses of

problems/cases

Develop the spirit of

collaboration and the TOPICS: Lecture and discussion Meeting 4
confidence to delineate “Investment Strategies: relating to group outputs
the approach/solution of Investment in the and previously assigned
the group Global Financial topics for self-study;
Market”
Understand concepts and Self-study activity
their real- world
applications Group discussion

Develop the ability to Individual presentations

apply principles/concepts (30minutes)
studied in solving
problems With 10 Criterion for
Rubrics of evaluation
Develop the ability to Case:
apply concepts/tools
learned in reviewing Presentation of outputs
government (solutions to assigned
situations/cases problems/cases);

Develop the spirit of TOPICS: Meeting 2

collaboration and the Industry Immersion
confidence to delineate Industry exposure, and
the approach/solution of Chartered Financial discussion
the group Analysts (CFA) Summit relating to group outputs
Philippine Junior and previously assigned
Understand concepts and Finance and Investment topics for self-study
their real- world Summit 2019
applications
Cases: Group discussion
Develop the ability to
apply principles/concepts Global Perspectives – Submission of Training
studied in solving Finance Track Reflection Journal
problems
Presentation of group Dialogue with Industry
outputs (solution of
cases/assigned problems); Group study activity

Group discussion

Research Activity Meeting 3

(Compilation of Reviews
of Related Literatures) Library Work
Discourse of Materials

Applying Theories to TOPICS: Meeting 5

Praxis of Investment Practices of Investment Individual Presentation
Administration Strategies

Discussion of Discourse
in Diverse Areas of Case:
Investment Strategies Diverse Industries
 4

Sub-Topics:
1. Investment in Money
Market and Mutual Fund;
VUL; UITF; ETF; REIT
etc. (Carpio)

2. Investment in Capital
Market (Stock & Bonds)
(Dilan)

3.Investment in Foreign
Exchange Market &
International Trade
(Canedo)

4. Investment in
Insurance (Life & Non-
Life) and Pre-Need
Industry (Nival)

5. Investment in Hotels &

Accommodation Industry
(Bautista)

6. Investment in
Transport (Land & Air)
Industry (Lajara)

7. Investment in Tourism
Industry (Resorts &
Tourist Destinations)
(Diones)

8.Investment in Gaming
& Casino Industry
(Cadias)

9.Investment in Real
Estate Properties
(Galapate)

Develop the ability to TOPICS: Self-study activity Final Meeting

apply principles/concepts Final paper Presentation
studied in solving Group discussion
problems Cases:
Group presentations
Understand concepts and Presentation of group
their real- world outputs (solution of
applications cases/assigned problems);

Develop the spirit of Presentation of Final Paper Submission

collaboration and the Individual Final Paper
confidence to delineate
the approach/solution of
the group;
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Special Topics:

As needed. Organize a seminar/forum for Graduate students and can invite Speakers or Attendance on
National/International Forum.

Course Requirements:

The students are expected to:

1. Read the prescribed materials indicated in the course syllabus and suggested by the professor;
2. Enthusiastically participate in class discussions, analysis, and other class activities including field
visits if this possible;
3. Prepare and submit Final Research Paper with critical review of Theories and approaches in
Investment Strategies. The review or construction should not exceed 15 pages (double-spaced)
font 12 and should be submitted in hard and soft copy. It should be an original work, an analytical
and incisive piece on what the student thinks about the chosen theory or approach and its
application in a particular context. Proper citation of sources and references used is expected of an
academic piece. The review shall be submitted on a date to be agreed upon in class.
4. Make an oral presentation of your paper. The presentation sessions shall be organized by the
students. These sessions shall be organized where guests and class members may participate in
the discussion after the presentation.
5. Pass a Final Research Paper at the end of the semester.

Grading System:

Class Standing (participation, recitation) 20%

Individual Case Presentation (solution of cases & problems) 20%
Field Work & Training Reflection Journal Paper (Individual report) 20%
Final Research Paper and Presentation 40%
100%
Classroom Policies:

Students are expected to switch their mobile phones to silent mode as the lecture progresses.

University rules on absences shall apply. Students are held responsible for catching with the lessons when
they miss the lectures and discussions. In case of absence during the oral presentation, the student is
expected to make the necessary switching of schedule with other students.

Consultation:

Students may seek consultation with the professor electronically via arman_cruz1023@yahoo.co.uk or thru
Mobile: (0915) 1038708; Fb Account: Arman Vicencio Cruz; Fb Page: Arman V. Cruz

Meetings:

Aug. 31; Sept. 7, 14, 21, 28, 2019 (Five Meetings)

Prepared by / Date Approved by / Date Noted by / Date

Prof. Arman V. Cruz

Faculty Member
August 31, 2019 Dr. Jose Ma Gonzales Dr. Conrado E. Iñigo, Jr.
Dean Vice President for Academic Affairs