154-0304/08 – Banking and Capital Markets (BaKT)
| Gurantor department | Department of Finance | Credits | 4 |
| Subject guarantor | prof. Ing. Tomáš Tichý, Ph.D. | Subject version guarantor | prof. Ing. Tomáš Tichý, Ph.D. |
| Study level | undergraduate or graduate | Requirement | Compulsory |
| Year | 2 | Semester | winter |
| | Study language | Czech |
| Year of introduction | 2019/2020 | Year of cancellation | |
| Intended for the faculties | EKF | Intended for study types | Follow-up Master |
Subject aims expressed by acquired skills and competences
The aim of the course is to introduce the role and importance of financial markets. Students will learn to understand banking system's, money and capital market's principles and functioning. After passing the course, students should be able to know:
-to understand central and commercial banking,
-to distinguish particular banking products,
-to compare financial intermediaries,
-to master various types of securities,
-to learn investment principles including collective investment,
-to evaluate the situation at the Czech financial market and in global financial markets.
Teaching methods
Lectures
Teaching by an expert (lecture or tutorial)
Summary
The aim of the course is to introduce the role and importance of financial markets. Students will learn to understand banking system's, money and capital market's principles and functioning. At the end of the course, students should be able to understand central and commercial banking, to distinguish particular banking products, to compare financial intermediaries, to master various types of securities, to learn investment principles including collective investment, to evaluate situation in the Czech financial market and in global financial markets.
Compulsory literature:
Recommended literature:
Additional study materials
Way of continuous check of knowledge in the course of semester
Exam consists of a Written and an oral part.
E-learning
Other requirements
There are no aditional requirements.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
1. Financial system - its characteristics, the role and classification of financial markets.
2. Banking system – structure and classification, new trends and risks in banking, contemporary situation in the banking sector in the Czech Republic and in selected countries.
3. Central banks - the role, basic functions and key principles of central banking.
4. Banks and their role - banking system and economy, bank risks, bank evaluation, licensing and approval in the EU.
5. Bank liabilities of commercial banks – characteristics of deposit services (types of demand and savings deposits) and non-deposit liabilities. Regulation and insurance of deposit services.
6. Credit services of commercial banks - characteristics of credit products. Lending policy, creditworthiness and bank loans.
7. Off-balance sheet services of commercial banks - characteristics of non-deposit and non-loan products. Trusteeship.
8. Payment systems - the role of payment systems in the economy, their characteristics and classification. Cash payment.
9. Role and classification of financial instruments in capital markets - role, importance and types of securities, stocks, classification of stocks, stock yield and risk.
10. Bonds, classification of bonds, bond yield and risk, importance of rating.
11. Financial derivatives and innovatios – definition and classification of financial derivatives, forwards, futures, options, structured instruments, securitization.
12. Fundamental analysis - global and industry analysis, company analysis, intrinsic value calculation.
13. Technical analysis, psychological analysis - principles of technical analysis, graphic methods and indicators, psychological analysis, principles of behavioral finance.
14. Asset management - professional portfolio management, management process, passive and active strategies, portfolio performance.
15. Capital markets subjects, stock exchanges - main participants in capital markets, stock exchange definition, types of stock exchange trading, security prospectus.
16. Collective investment - importance of collective investment, classification of funds, long-term investing, pension funds, regular investing.
17. Global financial markets - global financial centers, their characteristics and importance, gobalization and current trends.
18. Supervision and regulation in financial markets, role and goals of supervision and regulation in financial markets, institutional structure of supervision and regulation.
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction