SubjectsSubjects(version: 855)
Course, academic year 2019/2020
  
Fundamentals of Financial Management - N832015
Title: Základy finančního managementu
Guaranteed by: Department of Education and Human Sciences (832)
Actual: from 2005
Semester: summer
Points: summer s.:2
E-Credits: summer s.:2
Examination process: summer s.:
Hours per week, examination: summer s.:2/0 C [hours/week]
Capacity: 24 / unknown (unknown)
Min. number of students: unlimited
Language: Czech
Teaching methods: full-time
Level:  
For type:  
Note: course can be enrolled in outside the study plan
enabled for web enrollment
Guarantor: Pichaničová Ludmila Ing. CSc.
Examination dates   Schedule   
Annotation -
Last update: TAJ832 (19.11.2013)
The aim of the course is to familiarize students with the fundamentals of financial management, basic financial decision-making problems and methodological approaches used by the financial analysis and development of financial plans. Another objective of the course is to familiarize students with the financial processes and options to solve basic financial trouble.Moreover it is to explain the nature and functioning of financial markets, financial markets association with finances of business. Another ambition is to explain the nature of the explanations of financial products and their applications in corporate finance (or . personal finances).
Aim of the course -
Last update: TAJ832 (19.11.2013)

After the successful completion students will be able to:

Understand the essence of financial management.

Master time value of money and apply it. Understand the nature of risks and uncertainties. Master the calculation of risk indicators and apply them in practice.

Master the technique of investment decision and apply it to practice. Distinguish investment in bonds and shares.Master technique of portfolio.

Distinguish between different types of dividend policy. Focus on financial markets. Manage valuation techniques.

Literature -
Last update: TAJ832 (20.08.2013)

R KISLINGEROVÁ, E. Manažerské finance Praha C.H. Beck 2010 978-80-7400-194-9

R REVENDA, Z. -- MANDEL, M. -- KODERA, J. -- MUSÍLEK, P. -- DVOŘÁK, P. Peněžní ekonomie a bankovnictví Praha Management Press 2012 978-80-7261-240-6

A JÍLEK, J. Finanční trhy a investování Praha Grada 2009 978-80-247-1653-4

A DVOŘÁK, P. Deriváty Praha Oeconomica 2006 80-245-1033-2

A EHRHARDT, M. C. -- BRIGHAM, E. F. Corporate finance : a focus approach Mason South-Western/Cengage Learning 2011 978-1-4390-7808-2

Learning resources -
Last update: TAJ832 (20.08.2013)

None.

Syllabus -
Last update: TAJ832 (03.09.2013)

1. Overview of the financial system, the primary and secondary markets, documents of financial markets.

2. General characteristics of companies (private, mixed, capital).

3. The joint-stock company, types of shares price of shares, subscription rights, the distribution of profits.

4. What does it mean to invest money, present value, yield to maturity, investments in bonds and other debt instruments.

5. Valuation of securities, dividend forecasting, the level of capitalization.

6. Criteria for evaluation of investment opportunities, risks and returns.

7. Advanced portfolio theory, optimal portfolio choice.

8. Factor beta and the CAPM, market and non-market risk.

9. Participation certificates, investment companies and investment funds.

10.Stock exchanges and exchange trade, indicators of trends in prices of securities.

11.Types of speculation on the stock market, speculation technique with options.

12.The project, project evaluation, sensitivity analysis, simulation "Monte Carlo".

13.Funding Corporation and efficient markets theory of rational expectations.

14.International finance, financing foreign operations.

Registration requirements -
Last update: TAJ832 (20.08.2013)

None (in understanding certain categories is a suitable subject: microeconomics).

Teaching methods
Activity Credits Hours
Účast na přednáškách 1 28
Příprava na přednášky, semináře, laboratoře, exkurzi nebo praxi 1 28
2 / 2 56 / 56
Coursework assessment
Form Significance
Regular attendance 50
Continuous assessment of study performance and course -credit tests 50

 
VŠCHT Praha