154-0512/01 – Applied corporate financial management (ACFM)

Gurantor departmentDepartment of FinanceCredits5
Subject guarantordoc. Ing. Miroslav Čulík, Ph.D.Subject version guarantorprof. Dr. Ing. Zdeněk Zmeškal
Study levelundergraduate or graduateRequirementCompulsory
Year3Semesterwinter
Study languageEnglish
Year of introduction2009/2010Year of cancellation
Intended for the facultiesEKFIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
CUL33 doc. Ing. Miroslav Čulík, Ph.D.
ZME40 prof. Dr. Ing. Zdeněk Zmeškal
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit 2+2

Subject aims expressed by acquired skills and competences

The aim of the course is to introduse 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 - tu value a company

Teaching methods

Lectures
Tutorials

Summary

This course develops selected financial issues taught within the course Corporate finance including some new issues necessary for the ability to make the correct financial decision-making. Attention is paid particularly to the financial analysis, financial planning and valuation.

Compulsory literature:

BRIGHAM, Eugene. Financial Management: Theory & Practice. New York: South-Western College Pub, 2016. 1180 p. ISBN 130563229X. LASHER, William. Financial Management: A Practical Approach. South-Western College, 2011. 767 p. ISBN 0324422636. VAN DER WIJST, Nico. Finance: A Quantitative Introduction. Cambridge University Press. 2013. 445 p. ISBN 1107029228.

Recommended literature:

HIGGINS, Robert. Analysis for Financial Management. New York: McGraw-Hill Education, 2015. 480 p. ISBN 978-0078034688. ROBINSON, T.R., GREUNING, H., HENRY, E., BROIHAHN, M.A.: International Financial Statement Analysis. Wiley, 2008, ISBN 978-0-470-28766-8. ROSS,S.A., WESTERFIELD, R.W., JORDAN, B.D.: Fundamentals of Corporate Finance. McGraw-Hill, 2010, ISBN 978-0-07-338239-5.

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. Introduction 2. Financial statement, financial analysis 3. Pyramidal decomposition, influence analysis 4. Financial risk, operational risk, combined risk and their measuring 5. Analysis of the long-term financial sources 6. Long-term fianncial plan proposal 7. Short-term financial plan proposal 8. Cost of capital 9. Capital budgeting 10. Capital budgeting + project risk analysis 11. Dividend theoris and policy 12. Company valuation - DCF methods 13. Company valuation - EVA, property methods, combined methods

Conditions for subject completion

Full-time form (validity from: 2011/2012 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Exercises evaluation Credit 85 (85) 85
        Exercise evaluation Written test 85  85
Mandatory attendence parzicipation:

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2014/2015 (B6202) Economic Policy and Administration (6202R010) Finance (01) Finance P Czech Ostrava 3 Compulsory study plan
2013/2014 (B6202) Economic Policy and Administration (6202R010) Finance (01) Finance P Czech Ostrava 3 Compulsory study plan
2012/2013 (B6202) Economic Policy and Administration (6202R010) Finance (01) Finance P Czech Ostrava 3 Compulsory study plan
2011/2012 (B6202) Economic Policy and Administration (6202R010) Finance (01) Finance P Czech Ostrava 3 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner