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.
GUR022 Ing. Petr Gurný, Ph.D.
PTA086 Ing. Barbora Ptáčková, Ph.D.
RIH40 Ing. Dagmar Richtarová, 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 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:

BROOKS, Raymond. Financial Management: Core Concepts. Pearson; 4th edition, 2018. 656 pp. ISBN 978-0134730417. HIGGINS, Robert. Analysis for Financial Management. New York: McGraw-Hill, 2019. 464 s. ISBN 0077861787. KINICKI, Angelo et al. Management: A Practical Introduction. McGraw-Hill Education; 6th edition, 2022. 672 pp. ISBN 978-0078029547.

Recommended literature:

DDAMODARAN, Answath. Applied Corporate Finance. New York: Wiley, 2018. 638 p. ISBN 978-0-471-66093-4. DAMODARAN, Answath. Corporate Finance: Theory and Practice. 2nd Edition. New York: Wiley, 2019. 1008 p. 978-0-471-28332-4. ROSS, A., WESTERFIELD, W. Corporate Finance. 6th Edition, London: McGraw Hill/Irwin, 2022.882 p. ISBN 978-0-07-724612-9.

Way of continuous check of knowledge in the course of semester

Writen credit test Examination composed of two parts (writen, oral)

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 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: účast na přednáškách a cvičeních - nepovinná podmínky absolvování - zápočtová písemka, zkouška (písemná a ústní část)

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Conditions for subject completion and attendance at the exercises within ISP: účast na přednáškách a cvičeních - nepovinná podmínky absolvování - zápočtová písemka, zkouška (písemná a ústní část)

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Occurrence in study plans

Academic yearProgrammeBranch/spec.Spec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2024/2025 (N0414A050001) Marketing and Business OB P Czech Ostrava 1 Compulsory study plan
2023/2024 (N0414A050001) Marketing and Business OB P Czech Ostrava 1 Compulsory study plan
2022/2023 (N0414A050001) Marketing and Business OB P Czech Ostrava 1 Compulsory study plan
2021/2022 (N0414A050001) Marketing and Business OB P Czech Ostrava 1 Compulsory study plan
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

Assessment of instruction



2023/2024 Summer
2022/2023 Summer
2021/2022 Summer
2020/2021 Summer