Project Description

Performance management and managerial accounting practices in aviation play a pivotal role in ensuring the financial health and operational efficiency of aviation businesses. Managerial accounting involves the identification, measurement, and analysis of financial information for internal decision-making. In aviation, this includes cost allocation for activities like maintenance and fuel, budgeting and forecasting to plan financial activities, and variance analysis to compare actual results with budgets.

Overall, these financial and managerial practices in aviation are essential for sustaining profitability, ensuring regulatory adherence, and optimizing resource allocation in a complex and safety-sensitive industry

Strategic Marketing Management
Apply

Register now to reserve your seat

  • Senior Management and CEOs
  • Airline, airport, aircraft management professionals
  • Aviation banking & finance professionals
  • Aviation auditors and accountants
  • Students aspiring to be Aviation Managers
By attending this course, participants will be better able to:
  • Understand the purpose and flow of creating a budget in the aviation industry
  • Create various types of budget and implement budgetary control
  • Gain insights of cost behaviour
  • Use of real life case studies to understand, prepare an effective budget in the aviation industry
  • Appreciate the importance of the budgeting process and hence take ownership of it
  • Gain a comprehensive overview and understand the basis upon which financial statements are prepared mainly in the aviation industry
  • Interpret financial statements correctly for aviation industry
  • Detect symptoms of potential problems from the financial statements and other relevant parts of the Annual Report of an airline company
  • Ask the appropriate questions when analysing financial statements in the aviation industry
  • Apply the key management ratios for performance evaluation in the aviation industry

Upon completing this course, you’ll be well-prepared for a rewarding career in Corporate and Aviation finance. Whether you aspire to work for airlines, leasing companies, or aircraft manufacturers, your specialized skills will be in high demand.

Dr Malick Sy has more than 25 years of experience in Corporations’ management, financial consulting and advisory to many financial institutions in Asia- Pacific, Europe and USA. He has been a Risk Management Director of Bursa Malaysia for several years in managing the Asian Financial Crisis and he set up more than 63 Risk Management Systems for Corporations and Financial Institutions in Malaysia and Singapore. He has been an advisor to many banks and Asset Management companies such as DBS Bank, UOB Bank, ANZ Bank, ABN, Credit Suisse Singapore, HSBC, MayBank, CIMB Bank, PNB Malaysia, Bank of America, BNP Paribas, DST Australia, Australia Stock Exchange and several public listed companies in Singapore, Malaysia and Australia. Dr Malick Sy has provided advisory services to many corporations in meeting their listing requirement for their IPOs and aircraft leasing and jet fuel management. He was a member of the Singapore Exchange Corporate Advisory Committee in Derivatives (SGX-DT) for over 10 years. Dr Sy is an Adjunct Professor at Embry Riddle University Worldwide and supervises several students Research Projects in their Master of Business Administration in Aviation (MBAA) Program. He is a Professor of Finance at the RMIT University, Melbourne, Australia and a Visiting Professor of Finance at the City University of New York, New York City, USA.

Schedule: Session 1: June 1, 2024, Session 2: June 2, 2024, Session 3: June 8, 2024 and Session 4: June 9, 2024

Times: 10:00 am-04:00 pm PST +5 GMT | 8:00 am-02:00 pm AST +3 GMT | 01:00 pm-07:00 pm UTC +8 GMT

Our course is led by industry experts and backed by the latest industry insights. You’ll gain practical knowledge and real-world skills that can immediately impact your career in Corporate and Aviation Finance.

Fee Structure

Fee: PKR 95,000/- (This is equivalent to around a 40% discount of $550)

Payment Option

Cash Deposit at Institute

Bank Deposit / Transfer

Bank AL Habib

Account title: Aviation Institute of Management (Pvt) Ltd.

Account Number: 1058-0981-013394-500

IBAN: PK41BAHL1058098101339450

Fee: $550 (Five Hundred USD)

 

Payment Option

Wire Transfer

Bank AL Habib
Account title: Aviation Institute of Management (Pvt) Ltd.
Account Number: 1058-0981-013394-500
IBAN: PK41BAHL1058098101339450

You are also required to send us a copy of your deposit slip (screen shot) for reconciliation and subsequent enrollment in the course. Expect an email from Embry-Riddle (USA/Singapore campus) for enrollment after your payment.

Apply

Register now to reserve your seat