154-0900/03 – Finance (FIN)

Gurantor departmentDepartment of FinanceCredits20
Subject guarantorprof. Dr. Ing. Zdeněk ZmeškalSubject version guarantorprof. Dr. Ing. Zdeněk Zmeškal
Study levelpostgraduateRequirementCompulsory
YearSemesterwinter + summer
Study languageCzech
Year of introduction2013/2014Year of cancellation
Intended for the facultiesEKFIntended for study typesDoctoral
Instruction secured by
LoginNameTuitorTeacher giving lectures
CUL33 doc. Ing. Miroslav Čulík, Ph.D.
DLU30 prof. Dr. Ing. Dana Dluhošová
TIC02 prof. Ing. Tomáš Tichý, Ph.D.
ZME40 prof. Dr. Ing. Zdeněk Zmeškal
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Combined Examination 80+0

Subject aims expressed by acquired skills and competences

The subject course Finance is a generalized base subject in the studies of the doctoral field Finance. It is aimed above all on financial decision-making and management on the micro-level (corporations, investment companies, commercial banks etc.) as it includes the basic topics related to finances necessary and essential for this type of study. The subject contents are divided into the following topical regions: I. Principles of Financial Decision-Making II. Corporate Finance III.Capital markets IV. Banking V. International Finance

Teaching methods

Individual consultations

Summary

Compulsory literature:

Copeland, T.E, Weston, J.F.: Financial theory and corporate finance. Addison -Wesley, Reading,1988. Dluhošová, D. a kol.: New approaches and financial instruments in financial decision-making, VŠB – TUO, 2004. Elton, E.J., Gruber, M.J: Modern portfolio theory and investments analysis. Wiley, New York, 1987. Ingersoll, J. E.: Theory of Financial Decision Making. Totowa, NJ: Rowman&Littlefield, 1987. Levy, H., Sarnat, M.: Capital Investment and Financial Decisions, Prentice Hall International (UK) Ltd., 1990. Zmeškal, Z. Financial Models. Ostrava: VŠB-TUO, 2004.

Recommended literature:

LEVY, W., SARNAT, T. M. (1995). Capital Investment and Financial Decisions. New York: Prentice Hall. LUENBERGER, D. (2013). Investment Science. 2nd Ed. London: Oxford University Press. LUMBY, S. (1996). Investment Appraisal and Financial Decisions. USA: Chapman and Hall.

Way of continuous check of knowledge in the course of semester

E-learning

Další požadavky na studenta

Project with the at least 30 pages concentrating on selected topics )after consultation with the course guarantee). The goal of the project to verify that the students is able to process chosen topic on a scientific level.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

I. FINANCIAL DECISION-MAKING (1) Criteria of the financial decision-making (2) CAPM and APT models (3) Financial derivatives (4) Financial derivatives valuation (5) Fixed income securities II. CORPORATE FINANCE (1) Capital budgeting (2) Dividend theories and policies (3) Company valuation (4) Financial planning (5) Corporate taxes III. CAPITAL MARKETS (1) Financial system fundamentals (2) Securities of the financial markets (3) Analysis of securities (4) Collective investing (5) Trading at exchanges IV. BANKING (1) Banking systems (2) Banking activities (3) Assets, equity and liabilities management (4) Bank management (5) Insurance management V. INTERNATIONAL FINANCE (1) Microstructure of the exchange markets (2) Exchange rates prediction (3) Exchange risk management (4) International investments (5) International financial markets

Conditions for subject completion

Combined form (validity from: 2013/2014 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Examination Examination  
Mandatory attendence parzicipation:

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.FormStudy language Tut. centreYearWSType of duty
2019/2020 (P6202) Economic Policy and Administration (6202V010) Finance K Czech Ostrava Compulsory study plan
2018/2019 (P6202) Economic Policy and Administration (6202V010) Finance K Czech Ostrava Compulsory study plan
2017/2018 (P6202) Economic Policy and Administration (6202V010) Finance K Czech Ostrava Compulsory study plan
2016/2017 (P6202) Economic Policy and Administration (6202V010) Finance K Czech Ostrava Compulsory study plan
2015/2016 (P6202) Economic Policy and Administration (6202V010) Finance K Czech Ostrava Compulsory study plan
2014/2015 (P6202) Economic Policy and Administration (6202V010) Finance K Czech Ostrava Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner