154-0368/01 – Financial management and decision-making (FŘaRn)

Gurantor departmentDepartment of FinanceCredits5
Subject guarantordoc. Ing. Miroslav Čulík, Ph.D.Subject version guarantordoc. Ing. Miroslav Čulík, Ph.D.
Study levelundergraduate or graduateRequirementCompulsory
Year1Semestersummer
Study languageCzech
Year of introduction2019/2020Year of cancellation
Intended for the facultiesEKFIntended for study typesFollow-up Master
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 and Examination 28+28

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 vyd. Praha: Ekopress, 2010. 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

Zápočet – písemný test Kombinovaná zkouška (písemná a ústní část)

E-learning

Other requirements

There are no other requirements on student.

Prerequisities

Subject has no prerequisities.

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: 2020/2021 Summer semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Credit and Examination Credit and Examination 100 (100) 51
        Credit Credit 25 (25) 13
                Zápočtová písemka Written test 25  13
        Examination Examination 75  38
Mandatory attendence parzicipation: credit test (writen form) examination (writen and oral part)

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2020/2021 (N0414A050001) Marketing and Business OB P Czech Ostrava 1 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner