154-0500/01 – Finance (FINa)

Gurantor departmentDepartment of FinanceCredits5
Subject guarantordoc. Ing. Miroslav Čulík, Ph.D.Subject version guarantorprof. Dr. Ing. Zdeněk Zmeškal
Study levelundergraduate or graduateRequirementCompulsory
Year1Semestersummer
Study languageEnglish
Year of introduction1999/2000Year of cancellation2019/2020
Intended for the facultiesEKFIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
CUL33 doc. Ing. Miroslav Čulík, 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 learn the students fundamental principles of corporate finance. Students will be able: - to describe financial systemand to identify basic relationships between company and its surrounding, - to explain financial statements of a company, - to analyze financial situation of a company, - to describe financial sources, - to valuate an investment projects by applying given criterions.

Teaching methods

Lectures
Tutorials

Summary

The subject is focused on the particular areas of the financial management and decision – making of a firm including its relation to the economics surroundings. The aim is to present the complex view on a firm’s management and micro and macro aspect of entrepreneurial activities. Teaching is based on present situation in the Czech Republic including actual legal changes.

Compulsory literature:

DAMODARAN, 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.

Recommended literature:

BENNINGA, S. Principles of Finance with Excel. London: Oxford University Press, 2017. 801 p. ISBN 978-0-19-975547-9. LASHER, W.R. Financial Management.A Practical Approach. New York: South-Western College Pub, 2018. 837 p. ISBN 978-0-538-74358-7. ROBINSON, T.R., et al. International Financial Statement Analysis. New York: Wiley, 2018. 828 p. ISBN 978-0-470-28766-8.

Way of continuous check of knowledge in the course of semester

E-learning

Other requirements

There are no other requirements on the students.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. Finance fundamentals. Goals and principles of financial management. Assets and financial structure of firm. Types and phases of financial decision - making. Influence of taxes and financial markets on corporate finance. 2. Relations between financial statements. Balance sheet, its importance in financial management. Optimization of financial structure of the company, costs of capital. 3. Profit/loss statement. Importance, costs, revenues. Accounting profit and its transformation for tax purposes. Distribution of the profit of the company. 4.Cash flow of the company. Importance, inflows and outflows. Methods for cash flow calculation. Integration of the financial statements. 5. Financial analysis – fundamentals, methods. Financial ratios. Ratios interpretation. 6. Net working capital and its management. 7. Current assets management. 8. Account receivables management. Cash management, models for cash management. 9. Short-term financial sources of the company. 10. Time value of the money. 11. Long-term financial sources of the company. Internal sources. Self-financing. 12. External sources of long-term capital. 13. Capital budgeting and investment valuation.

Conditions for subject completion

Full-time form (validity from: 2015/2016 Winter semester, validity until: 2019/2020 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
                Writen test Written test 25  13 2
        Examination Examination 75  38 3
Mandatory attendence participation:

Show history

Conditions for subject completion and attendance at the exercises within ISP:

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Occurrence in study plans

Academic yearProgrammeBranch/spec.Spec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2018/2019 (B6202) Economic Policy and Administration (6202R010) Finance P English Ostrava 1 Compulsory study plan
2017/2018 (B6202) Economic Policy and Administration (6202R010) Finance P English Ostrava 1 Compulsory study plan
2016/2017 (B6202) Economic Policy and Administration (6202R010) Finance P English Ostrava 1 Compulsory study plan
2015/2016 (B6202) Economic Policy and Administration (6202R010) Finance P English Ostrava 1 Compulsory study plan
2006/2007 (B6202) Economic Policy and Administration (6202R010) Finance (01) Finance P Czech Ostrava 1 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner

Assessment of instruction



2015/2016 Summer