154-0577/01 – Financial Institutions (FI)

Gurantor department	Department of Finance	Credits	5
Subject guarantor	Ing. Martina Novotná, Ph.D.	Subject version guarantor	Ing. Martina Novotná, Ph.D.
Study level	undergraduate or graduate	Requirement	Compulsory
Year	3	Semester	winter
		Study language	English
Year of introduction	2024/2025	Year of cancellation
Intended for the faculties	EKF	Intended for study types	Bachelor

Instruction secured by
Login	Name	Tuitor	Teacher giving lectures
BOR30	Ing. Martina Borovcová, Ph.D.
KOR21	Ing. Kateřina Kořená, Ph.D.
NOV33	Ing. Martina Novotná, Ph.D.

Extent of instruction for forms of study
Form of study	Way of compl.	Extent
Full-time	Credit and Examination	2+2

Subject aims expressed by acquired skills and competences

The objective of this course is to provide key principles for understanding the fundamentals and role of financial institutions. After completing the course, the students will be able to: • Discuss the role of financial intermediaries, • explain types of banking and need for regulation, • understand how and why bank make loans and how they acquire funds, • describe the bank financial statements and evaluate bank financial performance, • distinguish among various nonbank financial institutions, • characterize main operations of insurance companies and describe their financial statements, • understand the fundamentals and types of insurance contracts.

Teaching methods

Lectures
Tutorials
Teaching by an expert (lecture or tutorial)

Summary

This course is focused on providing the basic concepts and principles related to the financial markets and institutions. The lectures aim to clarify the main principles and concepts, while the seminars focus on the application of acquired knowledge through case studies, practical exercises, and projects focused on the use of specific products of banks and insurance companies.

Compulsory literature:

CHOUDHRY, Moorad. The Principles of Banking. 2nd ed. Singapore: Wiley, 2023. ISBN 978-1119755647. MADURA, Jeff. Financial markets and institutions. 13th ed. Mason: South-Western Cengage Learning, 2021. ISBN 978-0357130797. REJDA, George E. and Michael J. McNAMARA. Principles of risk management and insurance. 14th ed. Harlow: Pearson, 2022. ISBN 978-1-292-34974-9.

Recommended literature:

CASU, Barbara, Claudia GIARDONE and Philip MOLYNEUX. Introduction to Banking. 3rd ed. Harlow: Pearson, 2022. ISBN 978-1-292-24033-6. HULL, John C. Risk Management and financial institutions. 6th ed. Hoboken: Wiley, 2023. ISBN 978-1119932482. MISHKIN, Frederic, S. and Stanley G. EAKINS. Financial markets and institutions. 9th ed. Harlow: Pearson, 2018. ISBN 978-1-292-21500-6.

Way of continuous check of knowledge in the course of semester

Zápočtová písemka (případová studie), vypracování a odevzdání projektu, písemná zkouška

E-learning

Other requirements

There are no additional requirements for a student.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. Role of financial markets and institutions • Role of financial markets, • fundamentals of financial institutions (types of financial institutions), • financial institutions industry (structure and competition) • financial regulation (types of financial regulation). 2. Banking sector • Types of banking (classification of banks according to different aspects), • international banking (bank entry into foreign markets), • central banking (the role of a central bank), • bank regulation and supervision. 3. Overview of commercial banking • The bank balance sheet and income structure, • basic banking and general principles of bank management, • off-balance sheet activities, • measuring bank performance. 4. Nonbank operations • Importance, overview and main activities of selected nonbank institutions, • mutual and investment fund industry, • investment banks, security brokers and dealers, • insurance companies and pension funds. 5. Insurance companies • Insurance company operations (rate making, claims settlement, etc.), • financial operations of property and casualty insurers (balance sheet, income statement), • life insurance companies (balance sheet, income statement), • measuring financial performance of insurance companies. 6. Overview of insurance contracts • Basic parts of an insurance contract, • characteristics of life insurance (types and variations of contracts), • the liability risk (basics of legal liability), • homeowners and other insurance contracts.

Conditions for subject completion

Full-time form (validity from: 2024/2025 Winter semester)

Task name	Type of task	Max. number of points (act. for subtasks)	Min. number of points	Max. počet pokusů
Credit and Examination	Credit and Examination	100 (100)	51
Credit	Credit	45	23
Examination	Examination	55	28	3

Mandatory attendence participation: Participation in lectures and seminars is not mandatory.

Show history

Conditions for subject completion and attendance at the exercises within ISP: Participation in the seminars is not mandatory. The student must meet the requirements for completing the subject - credit (successful completion of the credit test), submission of the project and successful completion of the written exam. Attendance at lectures is optional.

Show history

Occurrence in study plans

Academic year	Programme	Branch/spec.	Spec.	Zaměření	Form	Study language	Tut. centre	Year	W	S	Type of duty
2024/2025	(B0412EKF015) Financial and Accounting Advisory				P	English	Ostrava	3			Compulsory	study plan

Occurrence in special blocks

Block name	Academic year	Form of study	Study language	Year	W	S	Type of block	Block owner

Assessment of instruction

Předmět neobsahuje žádné hodnocení.