154-0554/01 – Principles of Personal Finance (PPF)

Gurantor departmentDepartment of FinanceCredits3
Subject guarantorIng. Kateřina Kořená, Ph.D.Subject version guarantorIng. Kateřina Kořená, Ph.D.
Study levelundergraduate or graduate
Study languageEnglish
Year of introduction2018/2019Year of cancellation
Intended for the facultiesEKFIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
KOR21 Ing. Kateřina Kořená, 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 this course is to get students acquianted with the principals of the financial literacy, i.e. personal financial planning and using of appropriate financial products. The students will be able to: - understand basic securities, - compare financial products, - understand principles of investment including collective investment, - define the work of financial adviser, - create own personal investment portfolio.

Teaching methods



The course is focused on achieving basic knowledge of personal finance. The aim of this course is to get students acquainted with the principals of the financial literacy, i.e. personal financial planning and using of the appropriate financial products.

Compulsory literature:

KAPOOR, Jack.R., DLABAY, Les.R. and HUGHES, Robert.J. Personal Finance. 10th ed. McGraw-Hill/Irwin, 2011. 768 p. ISBN 978-0073530697. MISHKIN, Frederic S. and Stanley G. EAKINS Financial Markets and Institutions. 6th ed. Boston: Pearson Prentice Hall, 2009. xxxix, 675 p. ISBN 978-0-321-37421.

Recommended literature:

CALLAGHAN, George S., Ian FRIBBANCE and Martin HIGGINSON, Personal Finance. 2nd ed. Basingstoke: Palgrave Macmillan in association with The Open University, 2012. 487 p. ISBN 978-0-230-34811-0. CLASON, George S. The Richest Man in Babylon. Great Britain: Amazon, 2007. ISBN 978-1-5304-3902-7. CHAMBERS, Donald R., Mark Jonathan Paul ANSON, Keith H. BLACK and Hossein KAZEMI. Alternative Investments: CAIA level I. 3rd ed. Hoboken: Wiley, 2015. 935 p. ISBN 978-1-119-00336-6. JOHNSON, Spencer. Who Moved My Cheese? London: Vermilion, 1999. 96 p. ISBN 0-09-181697-1. KIYOSAKI, Robert. Rich Dad, Poor Dad. USA: Sphere, 2002. 256 p. ISBN 978-0751532715. MADURA, Jeff. Personal Fnance. Boston: Pearson, 2014. 653 p. ISBN 978-0-13-299434-7.

Way of continuous check of knowledge in the course of semester


Other requirements

Seminar work.xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx


Subject has no prerequisities.


Subject has no co-requisities.

Subject syllabus:

Financial investment,investment process.Financial planning, typical family financial targets. Family finance, household balance sheet and cash-flow, household savings. Household budget, importance of nest egg and insurance. Financial mathematics, time value of money, basic household situation application. Insurance products, life and disability insurance, non-life insurance,most frequent insurance mistakes. Pension system, pension funds. Pension system reform. Advantages and disadvantages of investing in pension funds. Securities – bonds, shares, mutual fund shares. Short-term and long-term investing. Household portfolio of securities. Collective investment, investing in mutual funds. Open-ended and close-ended funds. Types of funds. Bank products, deposit accounts, credit products, mortgage loans, consumer lending, payment cards, building loans. Good and bad debt. Principles of financial portfolio creation, diversification, dollar cost averaging. Alternative investments - yield, risk, liquidity. Investing in tangible assets (real estates, commodities, collectibles). Investment psychology, analysis of the investor behavior in the financial markets. The role of the financial advisor, the ethical treatment of the client, ethics and information, ethical reporting, ethics in financial markets.

Conditions for subject completion

Full-time form (validity from: 2018/2019 Summer semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Examination Examination 100 (100) 51
        Zkouška Oral examination 100  51
Mandatory attendence parzicipation: xxxxxxxxxxxxxxxxxxxxxxxxxxxx

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 - 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