154-0401/08 – Financial Management and Decision-Making (FŘRK)
| Gurantor department | Department of Finance | Credits | 5 |
| Subject guarantor | doc. Ing. Miroslav Čulík, Ph.D. | Subject version guarantor | doc. Ing. Miroslav Čulík, Ph.D. |
| Study level | undergraduate or graduate | Requirement | Compulsory |
| Year | 2 | Semester | summer |
| | Study language | Czech |
| Year of introduction | 2019/2020 | Year of cancellation | |
| Intended for the faculties | EKF | Intended for study types | Bachelor |
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:
Recommended literature:
Way of continuous check of knowledge in the course of semester
credit test
examination composed of two parts (writen and oral part)
E-learning
Other requirements
There are no other requirements on student.
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
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction