154-0336/03 – Corporate Financial Management B (FŘFB)

Gurantor departmentDepartment of FinanceCredits5
Subject guarantorprof. Dr. Ing. Dana DluhošováSubject version guarantorprof. Dr. Ing. Dana Dluhošová
Study levelundergraduate or graduateRequirementCompulsory
Year2Semestersummer
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.
DLU30 prof. Dr. Ing. Dana Dluhošová
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

Credit - written test Examination - composed of two parts (written, oral)

E-learning

Other requirements

There are no other requirements on student.

Prerequisities

Subject codeAbbreviationTitleRequirement
154-0335 FŘFA Corporate Financial Management A Compulsory

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. Approaches and methods of company´s financial performance assessment, pyramidal decomposition, DuPont system. Methods for influence quantification. 2. Financial risk assessment, financial and operating leverage. Rules for financing of assets. 3. Credit models for company´s financial health assessment. 4. Traditional measurements for assessment of the company´s financial performance. 5. Value-based measurements of the company´s financial performance (EVA, MVA, CFROI etc.). 6. Costs of capital, capital structure optimization. Miller- Modigliani model. 7. Investment project valuation under certainty. 8. Dividend policy of a company. Forms of dividends. Factors affecting dividend policy of a company. 9. Taxation of dividends. 10. Mergers and acquisitions. 11. Company valuation approaches. 12. Valuation methods under certainty. DCF methods, assets-based methods, combined methods.

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 pointsMax. počet pokusů
Credit and Examination Credit and Examination 100 (100) 51
        Credit Credit 25 (25) 13
                Zápočtová písemka Written test 25  13 2
        Examination Examination 75  38 3
Mandatory attendence participation: Participation in the exercises is not mandatory.

Show history

Conditions for subject completion and attendance at the exercises within ISP: There are no different conditions for completing the course for students with ISP.

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Occurrence in study plans

Academic yearProgrammeBranch/spec.Spec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2024/2025 (B0412A050005) Finance FIP P Czech Ostrava 2 Compulsory study plan
2023/2024 (B0412A050005) Finance FIP P Czech Ostrava 2 Compulsory study plan
2022/2023 (B0412A050005) Finance FIP P Czech Ostrava 2 Compulsory study plan
2021/2022 (B0412A050005) Finance FIP P Czech Ostrava 2 Compulsory study plan
2020/2021 (B0412A050005) Finance FIP P Czech Ostrava 2 Compulsory study plan
2019/2020 (B0412A050005) Finance FIP P Czech Ostrava 2 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner

Assessment of instruction



2022/2023 Summer
2021/2022 Summer
2020/2021 Summer