154-0513/03 – Financial Management (FMa)

Gurantor departmentDepartment of FinanceCredits4
Subject guarantorprof. Dr. Ing. Zdeněk ZmeškalSubject version guarantordoc. Ing. Miroslav Čulík, Ph.D.
Study levelundergraduate or graduate
Study languageEnglish
Year of introduction2017/2018Year of cancellation
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 Examination 2+0

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.

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:

COPELAND, Tom and Fred WESTON. Financial Theory and Corporate Policy. USA: Adison-Wesley Publishing Company. 2004. 1024 pp. ISBN 0321127218. DLUHOŠOVÁ, Dana, et al. Financial Management and Decision-making of a Company. SAEI, Vol. 28. Ostrava: VSB-TU Ostrava, 2014. 259 pp. ISBN 978-80-248-3619-5. MOYER, R.CH., R.S. MCGUIGAN, W.J. KRETLOW. Contemporary Financial Management. New York: West Publishing Company. 2002. 856 pp. ISBN 0538479167.Damodaran, A.: Corporate Finance: Theory and Practice. 2nd Edition. J. Willey and Sons, 2001.

Recommended literature:

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

Way of continuous check of knowledge in the course of semester

E-learning

Other requirements

There are no other requirements.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. Podstata a principy finančního řízení a rozhodování. 2. Přístupy a metody hodnocení finanční výkonnosti firmy. 2. Elementární metody finančních analýz. 3. Pyramidové rozklady, analýza odchylek, predikční modely. 4. Kapitálová struktura firmy, náklady kapitálu, modely pro odhad nákladu kapitálu. 6. Optimalizace kapitálové struktury. 7. Kapitálové rozpočetnictví – cíl, základní principy, fáze, klasifikace investic. Predikce peněžních toků. 8. Kritéria hodnocení investičních projektů. 9. Analýza rizikových faktorů investic. Hodnocení a výběr vzájemně vylučitelných investic. 10. Zdroje financování firmy, základní pravidla financování, klasifikace. Porovnání vybraných zdrojů financování firmy. 11. Dividendy, dividendová politika firmy.

Conditions for subject completion

Full-time form (validity from: 2017/2018 Summer semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Examination Examination 100 (100) 51
        Written examination Written test 100  51
Mandatory attendence parzicipation: Sucessfuly pass written examination

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner
Incoming students 2021/2022 Full-time English Choice-compulsory 163 - International Office stu. block
Incoming students - bachelor study 2020/2021 Full-time English Choice-compulsory 163 - International Office stu. block
Incoming students - bachelor study 2019/2020 Full-time English Choice-compulsory 163 - International Office stu. block
Incoming students - bachelor study 2018/2019 Full-time English Choice-compulsory 163 - International Office stu. block