154-0504/03 – Banking and Capital Markets (BCM)

Gurantor departmentDepartment of FinanceCredits3
Subject guarantorIng. Kateřina Kořená, Ph.D.Subject version guarantorprof. Ing. Tomáš Tichý, Ph.D.
Study levelundergraduate or graduateRequirementChoice-compulsory type B
Year2Semesterwinter
Study languageEnglish
Year of introduction2019/2020Year of cancellation
Intended for the facultiesEKFIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
KOR21 Ing. Kateřina Kořená, Ph.D.
NOV33 Ing. Martina Novotná, Ph.D.
NOV329 Ing. Josef Novotný, Ph.D.
TIC02 prof. Ing. Tomáš Tichý, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit 3+0

Subject aims expressed by acquired skills and competences

The course is focused on achieving of main knowledge of financial markets. It is divided into two parts – first part introduces banking system information and second part introduces principles of functioning of money and capital markets.

Teaching methods

Lectures

Summary

The aim of the course is to get students acquainted with the role and importance of financial markets. Students will learn in this course to understand banking system and money and capital markets principles functioning. At the end of the course students should be able to grasp central and commercial banking, to distinguish particular banking products,to compare financial intermediaries, to understand types of securities, to learn investment principles including collective investment, to evaluate situation in the Czech financial market and in global financial markets.

Compulsory literature:

BODIE, Z., A. KANE and A. J. MARCUS. Investments. 10th ed. Boston: McGraw-Hill, 2013. 1080 p. ISBN 978-0077861674. CASU, Barbara, Claudia GIRARDONE and Philip MOLYNEUX. Introduction to banking. Harlow: Financial Times Prentice Hall, 2006. 560 s. ISBN 0-273-69302-6. MISHKIN, Frederic S. and Stanley G. EAKINS. Financial Markets and Institutions. 8th ed. Boston: Pearson Prentice Hall, 2014. 704 p. ISBN 978-0133423624.

Recommended literature:

APOSTOLIK, Richard, Christopher DONOHUE and Peter WENT. Foundations of Banking Risk: an Overview of Banking, Banking Risks, and Risk-based Banking Regulation. New Jersey: Wiley, 2009. 239 p. ISBN 978-0-470-44219-7. FABOZZI, Frank J. and Franco MODIGLIANI. Capital Markets. Institutions and Instruments. 4th ed. New Jersey: Prentice Hall, 2009. 680 p. ISBN 0-13-715499-2. ROSE, Peter S. and Sylvia Conway HUDGINS. Bank Management & Financial Services. 9th ed. New York: McGraw-Hill, 2013. 386 p. ISBN 978-0-07-132642-1. CECCHETTI, Stephen G. Money, Banking, and Financial Markets. New York: McGraw-Hill, 2011. ISBN 978-0-07-122068-2. FABOZZI, Frank, J., MODIGLIANI, Franco and Frank J. JONES. Foundations of Financial Markets and Institutions. 4th edition. 698 p. Harlow: Pearson new international, 2014. ISBN 978-1-292-02177-5. KOCH, Timothy W. and Scott S. MacDONALD. Bank Management. 8th ed. Mason: South-Western Cengage Learning, 2015. 800 p. ISBN: 9781133494683.

Way of continuous check of knowledge in the course of semester

Credit exam

E-learning

Další požadavky na studenta

There are no other requirements on student

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. Financial system - characteristics of financial system, role and classification of financial markets. 2. Banking system – structure and classification, new trends and risks in banking, contemporary situation in the banking sector in the Czech Republic and in the selected countries. 3. Central banks - the role and basic functions of central banks in the economy. Principles of their functioning. 4. Banks and their role in the banking system and in the economy. Determination of the main bank risks, bank valuation indicators. 5. Role and functions of commercial banks, principles of their functioning in the Czech Republic and European Union. Licensing and approval proceedings in EU. 6. Bank liabilities of commercial banks – characteristics of deposit services (types of demand and savings deposits) and non-deposit liabilities. Regulation and insurance of deposit services. 7. Credit services of commercial banks - characteristics of credit products. Lending policy and procedures. Creditworthiness of client. Classification of bank loans. 8. Off-balance sheet services of commercial banks - characteristics of non-deposit and non-loan products. Trusteeship. 9. Payment systems - the role of payment systems in the economy, their characteristics and classification. Cash payment. 10. Role and classification of financial instruments in capital markets - role, importance and types of securities, stocks, classification of stocks, stock yield and risk. 11. Bonds, classification of bonds, bond yield and risk, importance of rating. 12. Financial derivatives – definition and classification of financial derivatives, forwards, futures, options. 13. Financial innovations - structured instruments (structured bonds, investment certificates), securitization. 14. Fundamental analysis - global and industry analysis, company analysis, intrinsic value calculation. 15. Technical analysis, psychological analysis - principles of technical analysis, graphic methods and indicators, psychological analysis, principles of behavioral finance. 16. Asset management - professional portfolio management, management process, passive and active strategies, portfolio performance. 17. Capital markets subjects, stock exchanges - main participants in capital markets, stock exchange definition, types of stock exchange trading, security prospectus. 18. Collective investment - importance of collective investment, classification of funds, long-term investing, pension funds, regular investing. 19. Global financial markets - global financial centres, their characteristics and importance, NYSE, NASDAQ, Asian stock exchanges, European stock exchanges. 20. Supervision and regulation in financial markets, role and goals of supervision and regulation in financial markets, institutional structure of supervision and regulation. 21. Contemporary situation in financial markets - current trends in financial markets, globalization.

Conditions for subject completion

Full-time form (validity from: 2019/2020 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Credit Credit 85 (85) 85
        Písemka Written test 85  85
Mandatory attendence parzicipation:

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.FormStudy language Tut. centreYearWSType of duty
2019/2020 (N0311A050013) Applied Economics (S02) International Economic Relations P English Ostrava 2 Choice-compulsory type B study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner