154-0336/01 – Corporate Financial Management B (FŘFB)

Gurantor departmentDepartment of FinanceCredits4
Subject guarantorprof. Dr. Ing. Dana DluhošováSubject version guarantorprof. Dr. Ing. Dana Dluhošová
Study levelundergraduate or graduate
Study languageCzech
Year of introduction2005/2006Year of cancellation
Intended for the facultiesEKFIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
CUL33 doc. Ing. Miroslav Čulík, Ph.D.
DLU30 prof. Dr. Ing. Dana Dluhošová
PET308 Ing. Ingrid Petrová, 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 main aim of the subject is to deepen the knowledge in the area of financial management and decision-making by applying methods, anaysis and approaches obtained by graduating this course. Students will be able: - to undertake deeper financial analysis of a firm, - to evaluate investment projects under different financing situations, - to evaluate financial performance of a firm, - to compare and evaluate financial sources of a firm, - to propose financial plan of a firm. - to evaluate a firm.

Teaching methods

Lectures
Tutorials

Summary

This course is devoted to the key issues of the financial management of a company, particularly analysis of the financial performance of a company, long-term financing, capital budgeting and valuation. Attention is paid to the capital structure optimization including cost of capital, company´s growth strategy, capital budgeting and investment decision-making, dividend theories and dividend policies of a company, approaches and methodology of company valuation.

Compulsory literature:

BROOKS, R.: Financial Management: Core Concepts. Addison Wesley, 2009. BRINGHAM, E.F.: Financial Management: Theory and Practice. South Western College, 2008. TENNENT, J. Guide to Financial Management. Bloomberg Press , 2008.

Recommended literature:

BLOCK, S.B., HIRT, G.A.: Foundations of Financial Management. McGraw-Hill, 2008. MOYER,R.CH., McGUIGAN, J.R., RAO, R.P. Contemporary Financial Management. South-Western College Pub, 2011. TITMAN, S., MARTIN, J.D., KEOWN, J.A. Financial Management: Principles and Applications. Prentice Hall, 2010.

Way of continuous check of knowledge in the course of semester

E-learning

Další požadavky na studenta

Prerequisities

Subject codeAbbreviationTitleRequirement
154-0335 FŘFA Corporate Financial Management A Compulsory

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. Fundamentals and metodology of company financial performance evaluation, DuPont analysis, pyramidal decompositions. 2. Financial risk evaluation, financial and operational leverage. Rules of assets financiang. 3. Predicition models for company financial performance evaluation. 4. Value-based measures of the company financial performance (EVA, MVA, CFROI, etc.). 5. Costs of capital, optimisation of the capital structure. Miller-Modigliani model. 6. Project valuation criteria under certainty. 7. Dividend policy of the company. Forms of dividends, factors affecting dividend policy. 8. Systems of dividends taxation. 9. Mergers and acquisitions. 10. Methods for company valuation, reasons for valuation. 11. Methods for company valuation under certainty. Property-based methods, DCF methods, combinated methods and thein importace. 12. Methods for company valuation under certainty. Property-based methods, DCF methods, combinated methods and thein importace.

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
2010/2011 (B6202) Economic Policy and Administration (6202R010) Finance (00) Finance P Czech Ostrava 2 Compulsory study plan
2009/2010 (B6202) Economic Policy and Administration (6202R010) Finance (00) Finance P Czech Ostrava 2 Compulsory study plan
2008/2009 (B6202) Economic Policy and Administration (6202R010) Finance (00) Finance P Czech Ostrava 2 Compulsory study plan
2007/2008 (B6202) Economic Policy and Administration (6202R010) Finance (00) Finance P Czech Ostrava 2 Compulsory study plan
2006/2007 (B6202) Economic Policy and Administration (6202R010) Finance (00) Finance P Czech Ostrava 2 Compulsory study plan
2005/2006 (B6202) Economic Policy and Administration (6202R010) Finance (00) Finance P Czech Ostrava 2 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner