154-0401/08 – Financial Management and Decision-Making (FŘRK)

Gurantor departmentDepartment of FinanceCredits5
Subject guarantorprof. Dr. Ing. Dana DluhošováSubject version guarantordoc. Ing. Miroslav Čulík, Ph.D.
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
BOR30 Ing. Martina Borovcová, Ph.D.
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
Part-time Credit and Examination 12+0

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 develops selected issues of the corporate finance fundamentals; in addition, new issues and problems are studied and explained in order to support the quality of the financial decision-making. Attention is paid particularly to financial analysis, financial planning and valuation.

Compulsory literature:

1. Brealey, R.A., Myers, S.C.: Principles of Corporate Finance. McGraw Hill, N.Y. 2002 2. Damodaran, A.: Corporate Finance: Theory and Practice. 2nd Edition. J. Willey and Sons, 2001. 3. Pike,R., Neale, B.: Corporate Finance and Investments. London, Prentice Hall, 1993

Recommended literature:

1. Copeland, T.E., Weston, J.F.: Financial Theory and Corporate Policy. Addison Wesley, N.Y. 1992 2. Bodie, Z., Merton, R.C.: Finance. Prentice Hall, New Jersey, 2000. 3. Moyer, R.Ch., McGuigan, R.S., Kretlow, W.J.: Contemporary Financial Management. 9th Edition, West Publishing Company. 2002

Way of continuous check of knowledge in the course of semester

E-learning

Other requirements

There are no other requirements on student.

Prerequisities

Subject codeAbbreviationTitleRequirement
154-0400 FIN Finance Compulsory

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

Part-time form (validity from: 2019/2020 Winter 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
                Písemka Written test 25  13
        Examination Examination 75 (75) 38
                Písemka Written test 15  8
                Ústní zkouška Oral examination 60  30
Mandatory attendence parzicipation:

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2021/2022 (B0312A050001) Public Economics and Administration K Czech Valašské Meziříčí 2 Compulsory study plan
2021/2022 (B0312A050001) Public Economics and Administration K Czech Ostrava 2 Compulsory study plan
2021/2022 (B0312A050001) Public Economics and Administration K Czech Šumperk 2 Compulsory study plan
2020/2021 (B0312A050001) Public Economics and Administration K Czech Ostrava 2 Compulsory study plan
2020/2021 (B0312A050001) Public Economics and Administration K Czech Šumperk 2 Compulsory study plan
2020/2021 (B0312A050001) Public Economics and Administration K Czech Valašské Meziříčí 2 Compulsory study plan
2019/2020 (B0312A050001) Public Economics and Administration K Czech Ostrava 2 Compulsory study plan
2019/2020 (B0312A050001) Public Economics and Administration K Czech Šumperk 2 Compulsory study plan
2019/2020 (B0312A050001) Public Economics and Administration K Czech Valašské Meziříčí 2 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner