SubjectsSubjects(version: 882)
Course, academic year 2020/2021
Principles of Corporate Finance - AB501016
Title: Principles of Corporate Finance
Guaranteed by: Department of Economics and Management (837)
Actual: from 2020
Semester: summer
Points: summer s.:6
E-Credits: summer s.:6
Examination process: summer s.:
Hours per week, examination: summer s.:2/2 C+Ex [hours/week]
Capacity: unlimited / unlimited (unknown)
Min. number of students: unlimited
Language: English
Teaching methods: full-time
For type: Bachelor's
Note: course can be enrolled in outside the study plan
enabled for web enrollment
Guarantor: Čámská Dagmar Ing. Ph.D.
Is interchangeable with: B501016
This subject contains the following additional online materials
Literature -
Last update: Botek Marek Mgr. Ing. Ph.D. (17.01.2020)

R: Atrill, P. Financial Management for Decision Makers. 8th ed. Pearson, 2017. ISBN: 9781292099040.

A: Brealey, R. A., Myers, S. C., Allen, F. Principles of Corporate Finance. 13th ed. New York: McGraw-Hill, 2019. ISBN: 978-1260565553.

Requirements to the exam - Czech
Last update: Čámská Dagmar Ing. Ph.D. (10.02.2021)

Zápočet: minimálně 50 % z průběžného test, akceptovaná verze seminární práce

Zkouška: písemná část po úspěšném absolvování (zisk alespoň 50 %) následována ústní částí

Ústní část se nemůže konat bez úspěšného složení písemné části.

V případě neúspěchu u ústní části je nezbytné opakovat i písemnou část.

Syllabus -
Last update: Čámská Dagmar Ing. Ph.D. (09.02.2021)

1. Principal goals and purposes of corporate financial management, its organization.

2. Financial statements, their system and meaning.

3. The structure of assets and capital of the company, determinants of their structure.

4. Sources of corporate financing, their availability, cost and dependence on the business life cycle.

5. Long-term capital financing and its structure, cost of capital, interest tax shield.

6. Impact of capital structure on profitability, financial leverage.

7. Combining operational and financial risk through operational and financial leverage.

8. Techniques and application of financial analysis.

9. Financial analysis – ratio indicators and their systems.

10. Financial analysis – advanced methods, EVA, DuPont analysis, rating, scoring, benchmarking.

11. Principles of capital budgeting, NPV, IRR, payback period, profitability index.

12. Dividends and their distribution.

13. Financial distress, symptoms and phases of crisis, possible solutions.

14. Sustainable growth of the firm, mergers and acquisitions.

Course completion requirements -
Last update: Čámská Dagmar Ing. Ph.D. (10.02.2021)

Assessment requirements: midterm test (pass limit 50%), submitted version of the seminar paper accepted by the teacher

If the midterm is not passed, the test can be retaken but the student has to score at least 60%. Students are allowed to resubmit their seminar paper (once).

Exam: Successfully completed written part (pass limit 50%) is followed by the oral part.

The oral part cannot take place without the successful completion of the written part.

If the oral part is not completed successfully, the student has to retake the written part as well.

Only students who obtained assessment (“zápočet”) can take the exam.