Beverage Costing and Pricing
The purpose of this course is to equip bartenders, bar supervisors, and bar managers with a solid foundation in beverage costing and pricing principles that directly influence profitability. Participants will learn how beverage costs are calculated, what factors affect them, and how proper cost control strengthens overall business performance.
Instructor:
Share this page:
Take This Course
Beverage Costing and Pricing
- Method: Online Classes
- Contact Hours: Contact Hours: 30 hours
- Price: TT$1,245
Days: Wednesdays|
Time: 5-8pm |
Class Mode: Online|
Date: 10th Oct,2025- 17th Dec,2025|
Course delivered over 10 weeks (3 hours per week)|
- Sign Up Now - Pay Later!
Pre-register for this course today without paying. You can make payment later via bank transfer or credit card.
Submit Form
Review Cart
Confirm
Safe & Secure Online Payments by WiPay Caribbean.
Credit Card NOT Required.
Payment Terms
You are required to pay 100% of the total cost at least seven (7) working days prior to commencing of training. If you are unable to pay the full amount before the start of classes, you have the option of making 50% down payment and the balance payable by the middle of the programme.
Persons that choose to make payments via the bank account: the receipt must be emailed or Whatsapp to 477-8910 one (1) week before commencing of training.
Should THTI cancel a scheduled class before its commencement, THTI will refund 100% of the course fee.Â
Should an applicant having paid all the required fees withdraw before the start of a scheduled class (having not attended any classes) a 10% penalty fee will be charged.
Should an applicant having paid all the required fees withdraw after the start of a scheduled class (having attended at least one (1) class) a 20% penalty fee will be charged.
No refund is applicable should an applicant having paid all the required fees withdraw after attending two (2) or more than two (2) classes
Should an applicant having paid part of the required fees withdraw before the start of a scheduled class (having not attended any classes) a 10% penalty fee will be charged.
Should an applicant having paid part of the required fees withdraw after the start of a scheduled class (having attended at least one (1) class) a 50% penalty fee will be charged.
No Refund is applicable should an applicant having paid part of the required fees withdraw after attending two(2) or more than two (2) classes.
Applicants in cases 2 and 3 will be given the option to transfer to another course or the same course being offered at another date.
Course Summary
Beverage Costing and Pricing
- Method: Online Classes
- Contact Hours: Contact Hours: 30 hours
- Price: TT$1,245
Days: Wednesdays|
Time: 5-8pm |
Class Mode: Online|
Date: 10th Oct,2025- 17th Dec,2025|
Course delivered over 10 weeks (3 hours per week)|
Learning Outcomes
- Introduction to Beverage Costing Concepts
- Cost Calculations and Pour Cost Fundamentals
- Factors Affecting Beverage Costs and Profitability
- Supplier Relations and Purchasing Decisions
- Inventory Control and Waste Management Techniques
- Using Financial Reports for Decision-Making
Course Description:
The purpose of this course is to equip bartenders, bar supervisors, and bar managers with a solid foundation in beverage costing and pricing principles that directly influence profitability. Participants will learn how beverage costs are calculated, what factors affect them, and how proper cost control strengthens overall business performance.
Course Instructor(s):
Raakesh Madoo
Special Event Beverage Contractor Raakesh Madoo has over 24 years of experience in the Food and Beverage industry. He is a highly experienced professional mixologist who has worked at well-known establishments such as Crews Inn Yachting Centre. Mr. Madoo is a special event beverage contractor with the House of Angostura and a beverage judge with the Caribbean Hotel and Tourism Association. He holds a Masters in Project Management and a Bachelors in Management Studies. Mr. Madoo is a Level II holder of the Wines and Spirits Educational Trust for both Wines and Spirits. Mr. Madoo is currently a Food & Beverage Lecturer at THTI.
More from this Instructor
Frequently Asked Questions
When is the next cycle of this course?
If you do not see a next session date for this course, you can still register today and we will notify you as soon as a new date is published. You can then make payments after a date is confirmed.
How do I register for this course?
- Create an account or log in.
- Submit the registration form.
- Choose payment option.
- Make payment.
Â
Do you have a payment plan?
Yes! We can offer you a payment plan if you are unable to pay the course fees in full upfront. Please contact us.
Can I pay with cash?
Cash deposits can be made at the bank. You can also pay via bank transfer or credit card through our website.
Note: We no longer accept cash payments on campus.
Do I get a certificate upon completion of this course?
Yes you will receive your certificate upon completion once all fees are paid.
