154-0926/01 – International finance (MF)

Gurantor departmentDepartment of FinanceCredits10
Subject guarantordoc. Ing. Aleš Kresta, Ph.D.Subject version guarantordoc. Ing. Aleš Kresta, Ph.D.
Study levelpostgraduateRequirementChoice-compulsory type B
YearSemesterwinter + summer
Study languageCzech
Year of introduction2019/2020Year of cancellation
Intended for the facultiesEKFIntended for study typesDoctoral
Instruction secured by
LoginNameTuitorTeacher giving lectures
KRE330 doc. Ing. Aleš Kresta, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Examination 28+0
Part-time Examination 28+0

Subject aims expressed by acquired skills and competences

The aim of the course is to gain knowledge about the nature, functions and behavior of international financial markets. In addition to an extensive theoretical foundation and legislative background, the course is also focused on practical applications.

Teaching methods

Individual consultations


Devizové kurzy, expozice měnových kurzů. Predikce měnových kurzů a jejich volatility. Měnové deriváty, jejich oceňování. Možnosti a způsoby zajištění proti měnovému riziku. Determinanty měnových kurzů, řízení devizových kurzů, devizové intervence a jejich účinnost. Měnové a finanční trhy. Hodnocení investičních projektů realizovaných v zahraničí.

Compulsory literature:

BUTLER, Kirt. Multinational Finance: Evaluating the Opportunities, Costs, and Risks of Multinational Operations. 6th ed. New Jersey: Wiley, 2016. HULL, John. Options, Futures, and Other Derivatives. 10th ed. New Jersey: Pearson, 2017. SHAPIRO, Alan C. Multinational Financial Management. 10th ed. New Jersey: Wiley, 2013.

Recommended literature:

EITEMAN, David, STONEHILL, Arthur, MOFFETT, Michael. Multinational Business Finance. 14th ed. Essex: Pearson, 2015. GANDOLFO, Giancarlo, FEDERICI, Daniela. International Finance and Open-Economy Macroeconomics. 2nd ed. Heidelberg: Springer, 2016. SOLNIK, Bruno. Global Investments. 6th ed. Essex: Pearson, 2008.

Way of continuous check of knowledge in the course of semester

Ústní zkouška


Other requirements

There are no other requirements on student.


Subject has no prerequisities.


Subject has no co-requisities.

Subject syllabus:

1. Foreign exchange markets 2. Balance of payments and exchange rates management 3. Methods of exchange rate forecasting 4. Globalisation of financial markets and international banking 5. Eurocurrency markets, eurocredits and eurobonds 6. International share markets 7. International portfolio investments 8. Foreign direct investments 9. Financial crises 10. Current situation in global financial markets

Conditions for subject completion

Part-time form (validity from: 2019/2020 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.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2021/2022 (P0412D050003) Finance K Czech Ostrava Choice-compulsory type B study plan
2021/2022 (P0412D050003) Finance P Czech Ostrava Choice-compulsory type B study plan
2020/2021 (P0412D050003) Finance P Czech Ostrava Choice-compulsory type B study plan
2020/2021 (P0412D050003) Finance K Czech Ostrava Choice-compulsory type B study plan
2019/2020 (P0412D050003) Finance P Czech Ostrava Choice-compulsory type B study plan
2019/2020 (P0412D050003) Finance K Czech Ostrava Choice-compulsory type B study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner