154-0300/06 – Finance (FIN)

Gurantor departmentDepartment of FinanceCredits5
Subject guarantorprof. Dr. Ing. Dana DluhošováSubject version guarantorprof. Dr. Ing. Zdeněk Zmeškal
Study levelundergraduate or graduate
Study languageEnglish
Year of introduction2004/2005Year of cancellation
Intended for the facultiesEKFIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
CUL33 doc. Ing. Miroslav Čulík, Ph.D.
TIC02 prof. Ing. Tomáš Tichý, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 2+2

Subject aims expressed by acquired skills and competences

The aim of the course is to learn the students fundamental principles of corporate finance. Students will be able: - to describe financial systemand to identify basic relationships between company and its surrounding, - to explain financial statements of a company, - to analyze financial situation of a company, - to describe financial sources, - to valuate an investment projects by applying given criterions.

Teaching methods

Lectures
Tutorials

Summary

The subject is focused on different areas of financial management and decision – making of a firm including its relation to economics surroundings. The aim is to present complex view on a firm’s management and micro and macro aspect of entrepreneurial activities. Teaching is based on present situation in the Czech Republic including actual legal changes.

Compulsory literature:

Damodaran, A.: Corporate Finance: Theory and Practice. 2nd Edition. J. Willey and Sons, 2001 Brealey, R.A., Myers, S.C., Marcus, A.J.: Fundamentals of Corporate Finance. McGraw Hill, N.Y. 1997

Recommended literature:

Gittman, J.: Basic Managerial Finance. Harper and Row, Publishers, New York, 1989 Moyer, R.Ch. at al: Contemporatry Financial Management. N.Y., WPK, 1992 Pike,R., Neale, B.: Corporate Finance and Investments. London, Prentice Hall, 1993 Ross, A., Westerfield, W.: Corporate Finance. 6th Edition, McGraw Hill/Irwin, USA, 2002

Way of continuous check of knowledge in the course of semester

E-learning

Další požadavky na studenta

Nejsou žádné další poždavky na studenta.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. Finance fundamentals. Goals and principles of financial management. Assets and financial structure of firm. Types and phases of financial decision - making. Influence of taxes and financial markets on corporate finance. 2. Relations between financial statements. Balance sheet, its importance in financial management. Optimization of financial structure of the company, costs of capital. 3. Profit/loss statement. Importance, costs, revenues. Accounting profit and its transformation for tax purposes. Distribution of the profit of the company. 4. Cash flow of the company. Importance, inflows and outflows. Methods for cash flow calculation. Integration of the financial statements. 5. Financial analysis – fundamentals, methods. Financial ratios. Ratios interpretation. 6. Net working capital and its management. 7. Current assets management. 8. Account receivables management. Cash management, models for cash management. 9. Short-term financial sources of the company. 10. Time value of the money. 11. Long-term financial sources of the company. Internal sources. Self-financing. 12. External sources of long-term capital. 13. Capital budgeting and investment valuation.

Conditions for subject completion

Conditions for completion are defined only for particular subject version and form of study

Occurrence in study plans

Academic yearProgrammeField of studySpec.FormStudy language Tut. centreYearWSType of duty

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner