154-0301/09 – Financial Management and Decision - Making (FŘR)

Gurantor departmentDepartment of FinanceCredits4
Subject guarantorprof. Dr. Ing. Dana DluhošováSubject version guarantordoc. Ing. Miroslav Čulík, Ph.D.
Study levelundergraduate or graduateRequirementChoice-compulsory type B
YearSemestersummer
Study languageCzech
Year of introduction2019/2020Year of cancellation
Intended for the facultiesEKFIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
CUL33 doc. Ing. Miroslav Čulík, Ph.D.
RIH40 Ing. Dagmar Richtarová, Ph.D.
VAL35 Ing. Jiří Valecký, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit 2+2

Subject aims expressed by acquired skills and competences

The aim of the course is to introduce the students in selected areas of financial decision-making. Students will be able: - to introduce the importance of time value of money into decision-making, - to apply investment criterions, - to analyze and select optimal sources for company financing, - to propose financial plan of a firm.

Teaching methods

Lectures
Tutorials

Summary

The course Financial management and decision-making provides the students fundamental principles of financial decision-making, particularly with the importance of the financial statements for financial management, reflection of the time value of money and risk associated with the method of the investment project evaluation, mix of different sources of capital and its allocation into company´s assets to increase its market value.

Compulsory literature:

DLUHOŠOVÁ, Dana a kol. Finanční řízení a rozhodování podniku. 3. doplněné a upravené vydání. Praha: Ekopress, 2012. 226 s. ISBN 978-80-86929-68-2. FOTR, Jiří a Ivan SOUČEK. Investiční rozhodování a řízení projektů. Praha: Grada, 2010. 416 s. ISBN 978-80-247-3293-0. RICHTAROVÁ, Dagmar a kol. Sbírka příkladů z finančního řízení a rozhodování podniku. SOT, vol 12. Ostrava: VŠB-TU Ostrava, 2013. 197 s. ISBN 978-80-248-3169-5.

Recommended literature:

BRIGHAM, Eugene a Michael EHRHARDT. Financial Management: Theory & Practice. Cincinnati, USA: South-Western College, 2016. 1180 s. ISBN 130563229X. GRÜNWALD, Rolf a Jaroslava HOLEČKOVÁ. Finanční analýza a plánování podniku. Praha: Ekopress, 2007. 318 s. ISBN 978-80-86929-26-2. HIGGINS, Robert. Analysis for Financial Management. New York: McGraw-Hill, 2015. 464 s. ISBN 0077861787.

Way of continuous check of knowledge in the course of semester

Písemný test

E-learning

Další požadavky na studenta

There are no other requirements on student.

Prerequisities

Subject codeAbbreviationTitleRequirement
154-0300 FIN Finance Compulsory

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. Principles of financial management and decision-making 2. Methods and approaches of the company´s financial performance assessment 3. Financial analysis of a company 4. Pyramidal decomposition, influence quantification and prediction models 5. Company´s capital structure, costs of capital, models for cost of capital determination. 6. Capital structure optimization. 7. Capital budgeting – objective, principles, stages, categorization of investments. Project´s cash flow prediction. 8. Investment project evaluation. 9. Analysis of risk factors of investments. Assessment and selection of mutually exclusive investments. 10. Capital sources of a company. Rules for assets financing. Comparison and selection of optimal source. 11. Dividends and dividend policy of a company. 12. Financial planning. 13. Company valuation.

Conditions for subject completion

Full-time form (validity from: 2019/2020 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Credit Credit 85 (85) 85
        Písemka Written test 85  85
Mandatory attendence parzicipation:

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2020/2021 (B0311A050004) Applied Economics (S01) International Economic Relations P Czech Ostrava Choice-compulsory type B study plan
2020/2021 (B0311A050004) Applied Economics (S02) Economic Development P Czech Ostrava Choice-compulsory type B study plan
2020/2021 (B0413A050012) Economics and Management (S02) Business Administration P Czech Ostrava 2 Choice-compulsory type B study plan
2020/2021 (B0413A050012) Economics and Management (S05) Sports management P Czech Ostrava 2 Choice-compulsory type B study plan
2020/2021 (B0413A050012) Economics and Management (S02) Business Administration P Czech Valašské Meziříčí 2 Choice-compulsory type B study plan
2020/2021 (B0413A050012) Economics and Management (S03) Management P Czech Ostrava 2 Choice-compulsory type B study plan
2020/2021 (B0413A050012) Economics and Management (S04) Economics and Law in Business P Czech Ostrava 2 Choice-compulsory type B study plan
2019/2020 (B0413A050012) Economics and Management (S03) Management P Czech Ostrava 2 Choice-compulsory type B study plan
2019/2020 (B0413A050012) Economics and Management (S05) Sports management P Czech Ostrava 2 Choice-compulsory type B study plan
2019/2020 (B0311A050004) Applied Economics (S01) International Economic Relations P Czech Ostrava Choice-compulsory type B study plan
2019/2020 (B0413A050012) Economics and Management (S04) Economics and Law in Business P Czech Ostrava 2 Choice-compulsory type B study plan
2019/2020 (B0413A050012) Economics and Management (S02) Business Administration P Czech Ostrava 2 Choice-compulsory type B study plan
2019/2020 (B0413A050012) Economics and Management (S02) Business Administration P Czech Valašské Meziříčí 2 Choice-compulsory type B study plan
2019/2020 (B0311A050004) Applied Economics (S02) Economic Development P Czech Ostrava Choice-compulsory type B study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner