154-0346/02 – Treasury Management (TM)

Gurantor departmentDepartment of FinanceCredits3
Subject guarantorIng. Martina Novotná, Ph.D.Subject version guarantorIng. Martina Novotná, Ph.D.
Study levelundergraduate or graduateRequirementChoice-compulsory
Study languageCzech
Year of introduction2009/2010Year of cancellation
Intended for the facultiesEKFIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
NOV33 Ing. Martina Novotná, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Examination 2+0

Subject aims expressed by acquired skills and competences

The overall aim of this course is to expand students knowledge of the role and importance of the corporate treasury management. This unit is concerned with a part of corporate finance, which involves the management of the financial resources available to a business. Treasury management involves three broad aspects: 1. Assets and liabilities management 2. Financial risk management 3. Cash management In this unit we focus on the financial decisions made by the treasury managers of a business hence we will focus on corporate finance.

Teaching methods



The course introduce the principles and tasks of treasury management of firms and its function in financial management. Within the course, the organization of treasury in firms, cash management, treasury systems, managing of currency and interest rate risks in firms and legal, tax and accounting aspects of treasury activities.

Compulsory literature:

The Association of Corporate Treasurers (UK): The Treasurer’s Handbook 2003. ACT, London 2003. ISBN 1-869819-04-7. Raeburn, R.: Organizing and Controlling your Treasury. Trans-Atlantic Publications, London 1994. ISBN: 0273600281. Maness, T.S., Zietlow, J.T.: Short-term Financial Management. The Dryden Press, New York 1998. ISBN: 0030315131. Damodaran, A.: Corporate Finance Theory. John Wiley & Sons, New York 2001.ISBN: 0471392200.

Recommended literature:

Way of continuous check of knowledge in the course of semester


Další požadavky na studenta



Subject has no prerequisities.


Subject has no co-requisities.

Subject syllabus:

1) Fundamentals, objectives and position of treasury managementu ina company. 2) Cash management – strategy of liquidity and working capital management, cash flow forecasting, theoretical models. 3) Cash management – solution (short and long)) of the cash shortage. 4) Cash management – solution (short and long)) of the cash surplus. 5) Cash management – solution (short and long)) of the cash surplus II. + tax and other aspects (PMR, PPV). 6) Cash pooling a netting. 7) Case study– treasury daily business 8) Currency and interest risks management with emhasise on tools and techniques used in the Czech Republic. 9) External relations from treasury point of view – relations with banks and investors, rating, corporate governance. 10) Legal, tax and accounting aspects of treasury. 11) Treasury systems, incl. EBS. 12) Treasury management evolution in the Czech Republic + trends. 13) Treasury management evolution in the middle and east Europe + EU. 14) Dealing – FOREX, MM, CM.

Conditions for subject completion

Full-time form (validity from: 2009/2010 Summer semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Examination Examination 100  51
Mandatory attendence parzicipation:

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2010/2011 (N6202) Economic Policy and Administration (6202T010) Finance (00) Finance P Czech Ostrava 1 Choice-compulsory study plan
2009/2010 (N6202) Economic Policy and Administration (6202T010) Finance (00) Finance P Czech Ostrava 1 Choice-compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner