Certified in Hospitality Business Acumen (CHBA)
Certification Provider
Hospitality Financial and Technology Professionals (HFTP)
Best For
Hotel General Manager, Financial Controller in Hospitality, Director of Operations in Hospitality, Revenue Manager, Hospitality Consultant, Assistant Hotel Manager with Financial Oversight Responsibilities
Description
The Certified in Hospitality Business Acumen (CHBA) is a prestigious certification offered by the Hospitality Financial and Technology Professionals (HFTP). This certification is designed for hospitality professionals seeking to enhance their financial literacy and business acumen. It focuses on equipping candidates with the skills to make informed business decisions, understand financial reports, and apply strategic management principles in the hospitality industry. The CHBA certification involves rigorous coursework and an examination, ensuring that certified individuals are well-versed in the nuances of hospitality finance and operations.
Prerequisites
A minimum of two years of experience in a hospitality-related field, such as hotels, resorts, or restaurants.
A bachelor's degree in hospitality, business, finance, or a related field, or equivalent work experience.
Completion of the CHBA self-study program or other approved educational courses provided by HFTP or similar organizations.
Understanding of basic financial principles and accounting as applied to the hospitality industry.
Passing the CHBA examination, which assesses knowledge of hospitality finance, strategic management, and business acumen.
Membership in the Hospitality Financial and Technology Professionals (HFTP) is recommended but not mandatory.