634-0803/01 – Financial Systems (FS)

Gurantor departmentDepartment of Economics and Management in IndustryCredits6
Subject guarantordoc. Ing. Iveta Vozňáková, Ph.D.Subject version guarantordoc. Ing. Iveta Vozňáková, Ph.D.
Study levelundergraduate or graduateRequirementCompulsory
Year1Semestersummer
Study languageCzech
Year of introduction2004/2005Year of cancellation2015/2016
Intended for the facultiesFMTIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
MYN07 Ing. Martin Mynář, CSc.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 3+2
Combined Credit and Examination 18+0

Subject aims expressed by acquired skills and competences

Student will be able to describe main principles, the role and distribution of the financial market. Student will learn the principles and functioning of the stock - exchange. Students will learn the basic features of the tax system in the Czech Republic. Students will be able to distinguish between direct and indirect taxes. Students will be able to define and characterize the basic differences among financial derivatives. Students will learn the basic attributes of public finance and commercial insurance.

Teaching methods

Lectures
Seminars
Individual consultations

Summary

The main aim of the course is to provide the introduction to Czech tax system, its functions and role but several lectures are dedicated also to financial market and off-exchange trading with stocl and financial derivatives. Besides that students are also provided with basic information on the public finances, social and health insurance and insurance system..

Compulsory literature:

[1] KOHN, M.: Financial Institutions and Markets, 2nd edition, Oxford University Press, 2004, Oxford [2] WHITE, L. H.: Theory of Monetary Institutions, Blackwell Publishers, 1999, Blackwell [3] FREDERIC S.: The economics of money, banking and financial markets, Addison-Wesley, 2004, Boston

Recommended literature:

[1] PANNABECKER, J.: Financial privacy digest, 1. Vydání, New York: A.S. Pratt, 2009, ISBN 1558277099 [2] NEAVE, N. H.: Financial systems: Principles and organisation, 1. Vydání, London: Routledge, 1998, 411 s., ISBN 978-0-415-11057-0 [3] HULL, J.: Options, futures & other derivatives, Upper Saddle River, Prentice Hall, 2003, ISBN 0-13-009056-5. [4] Hull, J. C., : Options, Futures, and Other Derivatives, 5. edice, New Jersey, Prentice Hall, 2002, 744 s., ISBN 0-13-009056-5 Blake, David. Analýza finančních trhů. Translated by Aleš Hrnčíř - Petr Šedý - Pavel Šimůnek. Vyd. 1. Praha : Grada, 1995. 623 s. ISBN 80-7169-201-8

Way of continuous check of knowledge in the course of semester

E-learning

Další požadavky na studenta

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Prerequisities

Subject codeAbbreviationTitleRequirement
114-0024 Eko II Economics II. Recommended
634-0801 FÚII. Financial Accounting II Recommended

Co-requisities

Subject has no co-requisities.

Subject syllabus:

The role of taxes in the reproductive process. The tax systems, approaches, elements. The tax system in The Czech Republic. The functions and instruments of the financial market. The system, technique and forms of trading. Financial derivatives. Forward, futures, swaps, options. Their fundamentals, kinds, utilization.

Conditions for subject completion

Full-time form (validity from: 2011/2012 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Exercises evaluation and Examination Credit and Examination 100 (100) 51
        Exercises evaluation Credit 30 (30) 15
                Project Project 15  0
                Written exam Written test 15  0
        Examination Examination 70 (70) 35
                Oral Oral examination 70  35
Mandatory attendence parzicipation:

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.FormStudy language Tut. centreYearWSType of duty
2013/2014 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry P Czech Ostrava 1 Compulsory study plan
2013/2014 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry K Czech Ostrava 1 Compulsory study plan
2012/2013 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry P Czech Ostrava 1 Compulsory study plan
2012/2013 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry K Czech Ostrava 1 Compulsory study plan
2011/2012 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry P Czech Ostrava 1 Compulsory study plan
2011/2012 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry K Czech Ostrava 1 Compulsory study plan
2010/2011 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry P Czech Ostrava 1 Compulsory study plan
2010/2011 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry K Czech Ostrava 1 Compulsory study plan
2009/2010 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry P Czech Ostrava 1 Compulsory study plan
2009/2010 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry K Czech Ostrava 1 Compulsory study plan
2008/2009 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry P Czech Ostrava 1 Compulsory study plan
2008/2009 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry K Czech Ostrava 1 Compulsory study plan
2007/2008 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry P Czech Ostrava 1 Compulsory study plan
2007/2008 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry K Czech Ostrava 1 Compulsory study plan
2006/2007 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry P Czech Ostrava 1 Compulsory study plan
2006/2007 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry K Czech Ostrava 1 Compulsory study plan
2005/2006 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry P Czech Ostrava 1 Compulsory study plan
2005/2006 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry K Czech Ostrava 1 Compulsory study plan
2004/2005 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry P Czech Ostrava 1 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner
FMMI 2013/2014 Full-time Czech Compulsory 601 - Study Office stu. block
FMMI 2012/2013 Full-time Czech Compulsory 601 - Study Office stu. block
FMMI_ECTS 2011/2012 Full-time Czech Compulsory 600 - Faculty of Materials Science and Technology - Dean's Office stu. block