Course Details

REVENUE MANAGEMENT

BA444

Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS Credits
7BA444REVENUE MANAGEMENT3+0+035

Course Details
Language of Instruction English
Level of Course Unit Bachelor's Degree
Department / Program BUSINESS ADMINISTRATION
Type of Program Formal Education
Type of Course Unit Elective
Course Delivery Method Face To Face
Objectives of the Course This course aims to endow students to learn the theory and the practice of Revenue Management. It enables students to understand the role Revenue Management plays in business processes.
Course Content The objective of this course is to introduce students the theory and the practice of Revenue Management. The process of the right product to the right customer at the right time with the right price is defined as revenue management. The fundamental principles and concepts of revenue management; capacity management, duration control, demand and revenue forecasting, discounting, overbooking practices, displacement analysis, channel management, and pricing execution are the topics handled in this course. At the end of the course students will have a fair understanding of the role Revenue Management plays in business processes.
Course Methods and Techniques In response to the developing situation with covid-19, our course will be offered in an
online format. For asynchronous sessions CANVAS and for synchronous sessions Zoom
will be used. We will be using various tools for active learning to take place.
This is also a student-driven course. It is your responsibility to participate actively in class
discussions. You are not graded on whether you agree or disagree with the instructor or
with each other. Evaluation of class participation will be based on your ability to rise an answer important issues, to contribute ideas or insights, to build upon the ideas of others, ask questions to presenters, etc.
Prerequisites and co-requisities ( BA208 )
Course Coordinator None
Name of Lecturers Instructor Dr. Seyit Gökmen seyit.gokmen@agu.edu.tr
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources Pricing and Revenue Optimization by Philips, Robert.. Stanford University Press. Revenue Management for the Hospitality Industry by Hayes, D.K., Miller, A., New Jersey: John Wiley & Sons Inc. The Theory and Practice of Revenue Management. by Talluri, Kalyan T., van Ryzin, G.J., Springer.

Course Category
Social Sciences %20
Field %80

Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria
In-Term Studies Quantity Percentage
Quiz/Küçük Sınav 1 % 20
Ödev 1 % 20
Sunum/Seminer 1 % 20
Total
3
% 60

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Tartışma 14 1 14
Yazılı Sınav 1 25 25
Grup Projesi 1 25 25
Ev Ödevi 2 20 40
Okuma 14 1 14
Derse Devam 1 2 2
Final Sınavı 1 30 30
Total Work Load   Number of ECTS Credits 5 150

Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 Define revenue management concepts
2 Describe the components of revenue management and pricing
3 Develop demand and revenue forecasts and measure their accuracy
4 Apply tools and techniques to make revenue management decisions in a simulated environment


Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Summary of Topics and Objectives of Revenue Management Course
2 Revenue Management Concepts
3 Pricing Strategy
4 The Value Proposition
5 Differential Pricing
6 The Revenue Manager’s Role
7 Mid Term Exam
8 Revenue Forecasting Overview
9 Capacity Management
10 Distribution Management
11 Measurement and Control
12 Pricing Strategies for Ancillary Revenue
13 Application presentation
14 Course Review
15 Final Exam


Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8 P9 P10
All 4 4 3 3 1 5 1
C1 5 4 2 3 1 5 1
C2 4 5 3 2 1 5 1
C3 5 5 2 2 1 4 1
C4 4 4 2 2 1 5 1

Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant


https://sis.agu.edu.tr/oibs/bologna/progCourseDetails.aspx?curCourse=71945&lang=en