Students will be taught essential theories and techniques used in corporate financial management, based primarily on intrinsic valuation, capital budgeting and financial planning. They will be capable of solving applications in strategic financial management, as well as in working capital management.

Ex/ZK – final written exam / závěrečná písemná zkouška

Cr/Z – in-class presentations, seminar work, test / prezentace ve třídě, aktivita při cvičeních, test

Obligatory:

• Vlachý, Jan. Corporate Finance, Second Revised Edition. Praha: Leges, 2025, 212 s. ISBN 978-80-7502-832-7.
• Vlachý, Jan. Financial Management: Exercises (2nd Ed.). Praha: UCT School of Business, 2025, s. ISBN 978-80-909429-1-2.

Optional:

• Ehrhardt, M.C., Brigham, E.F.. Financial Management: Theory and Practice. : Cengage, 2024, s. ISBN 978-0-357-71448-5.
• Damodaran, A.. Applied Corporate Finance. : John Wiley, 2014, s. ISBN 978-1-118-80893-1.

ZK – závěrečná písemná zkouška

Z – prezentace ve třídě, aktivita při cvičeních, test

1. Introduction, Role of Financial Management

2. Financial Characteristics of a Company

3. The Time Value of Money and its Application

4. Risk and Return, Diversification, Capital Asset Pricing Model

5. Intrinsic Valuation, its Application for Bonds and Stocks

6. Cost of Capital and the Discount Rate

7. Capital Budgeting Cash Flow Projections

8. Capital Budgeting Assessment Criteria

9. Financial Planning

10. Financing Policies

11. Working Capital Management

12. Conclusions, Follow-up