Course detail

FP-FcpbPAcad. year: 2015/2016

The course is focused on the issue of securities and trading on public organized markets. The interpretation is focused on the principles of the functions of exchange markets through a system of defining the internal structure to the mechanism of operation and economic impact in the event of failure. Then focuses on the basic types of financial investment instruments, in particular the stock traded securities, as well as the derivative instruments, mutual funds and structured products. At the same time, the course also pays attention to entities involved in transactions in securities involved. And last but not least is its content as well as fundamental, technical and psychological analysis, as well as practical exercises of trading of securities on both exchanges in the Czech Republic and abroad.
Completion of the course students acquire both a comprehensive view of the importance of financial investment instruments, and will learn to identify their specific properties. Together with the acquired practical knowledge on the principles of investment and knowledge of how to deal with them, the student can then carry out commercial transactions in the Czech Republic, as well as on foreign exchanges.

Language of instruction

Czech

Number of ECTS credits

4

Mode of study

Not applicable.

Learning outcomes of the course unit

Students will be made familiar with the theoretical approaches in the area of financial markets and will understand the process of decision on investments and assets allocation. They will be able to make a critical analysis with respect to the investment strategy

Prerequisites

The course requires prior knowledge of economics, mathematics, statistics and the basics of law.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

The course is taught through lectures explaining the basic principles and theory of the discipline. Exercises are focused on practical topics.

Assesment methods and criteria linked to learning outcomes

The course is completed graded credit, based on the successful writing of a written test which is consisting of two parts, both of which must be successfully met. The first part of the test consists of calculating the three examples, each of which is calculated correctly for example a student can get up to 5 points. Student can
receive in total 15 points of the test. The minimum number of points, which can be part of this test is to recognize the 10.
The second part of the test consists of twenty questions, having different numbers of correct answers that student rings. For the correct answer student gets positive point, for a wrong answer gets minus point. No answers are in the focus on. If the student reaches 90% of the maximum number of correct answers, he is evaluated and graded A, upon reaching 85% correct level B, while achieving 80% correct degree C, reaching 75% in stage D and at a 70% correct degree E.

Course curriculum

Syllabus of lectures:
1) The importance of organized markets and their impact on the financial and economic system.
2) Exchange Systems and methods for their operation.
3) Specific functions of individual sub-segments of the stock market.
4) Basic factors of investment strategy
5) The types of shares, their properties and ways of doing business.
6) Fundamental Analysis.
7) Technical Analysis.
8) Psychological Analysis.
9) Basic types of bonds, their properties and ways of doing business.
10) Investing through collective investment funds.
11) Fixed term derivative instruments - trading futures
12) Contingent derivative instruments - stock options trading.
13) Synthetic derivative instruments
12) Specific features of structured products and trading.
13) Specifics exchange trading commodities and foreign currencies.

Syllabus of tutorials:
1) Introduction to the study "Securities and Stock Exchanges."
2) Exchange Systems stock exchanges, means of exchange trading.
3) Exchange trading of securities in the Czech Republic (practical exercises of trading)
4) The control test; investing through mutual and investment funds
5) Exchange trading of securities on foreign exchanges (practical exercises of trading on the stock exchanges in the U.S. and Germany).
6) The final test

Work placements

Not applicable.

Aims

The goal of the course is to teach how to apply the acquired knowledge when making decisions on investments and assets allocation.

Specification of controlled education, way of implementation and compensation for absences

Attendance at seminars will be checked by the lecturer. Absence from seminars could be compensated for via a special assignment or a special credit test.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

REJNUŠ, O.: Cenné papíry a burzy, CERM, 2009. ISBN 978-80-214-3808-7 (CS)
REJNUŠ, O.: Finanční trhy, Key Publishing, Ostrava, 2011, 3. rozšířené vydání. ISBN 978-80-7418-128-3 (CS)
REJNUŠ, O. Finanční trhy, 4. aktualizované a rozšířené vydání. Grada, 2014, 767 s. ISBN 978-80-247-3671-6. (CS)

Recommended reading

JÍLEK, J.: Finanční a komoditní deriváty, Praha, Grada Publishing, 2002. ISBN 80-247-0342-4 (CS)
JÍLEK, J.: Deriváty, hedžové fondy, offshorové společnosti, Praha, Grada Publishing, 2006. ISBN 80-247-1826-X (CS)
KISLINGEROVÁ, E., HNILICA, J.: Finanční analýza krok za krokem, Praha, C. H. Beck, 2005. ISBN 80-7179-321-3 (CS)
VALACH, J.: Investiční rozhodování a dlouhodobé financování, Praha, Ekopress, 2001. ISBN 80-86119-38-6 (CS)
Šoba,O., Širůček, M., Ptáček, R.: Finanční matematika v praxi. Grada Publishing, Praha, 2013. ISBN 978-80-247-4636-4 (CS)

Classification of course in study plans

  • Programme MGR Master's

    branch MGR-UFRP , 1. year of study, summer semester, elective

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

Syllabus

The importance of organized markets and their impact on the operation of the financial and economic system.
Exchange systems and their functioning.
The specific functions of the various sub-segments of stock.
The basic factors of investment strategy
The basic classes of shares, their characteristics and ways of trading.
Fundamental analysis.
Technical analysis.
Psychological Analysis.
The basic types of bonds, their characteristics and ways of trading.
Investment through mutual funds.
The derivative transactions (trading futures contracts and options exchanges).
Specific features of structured products and their trading.
The specifics of exchange traded commodities and foreign currencies.
Exchange systems of stock exchanges, ways of stock trading.
Exchange trading of securities in the Czech Republic (practical exercises of trading)
Exchange trading of securities on foreign exchanges (practical exercises of trading on stock exchanges in the U.S. and Germany).

Exercise

13 hours, compulsory

Teacher / Lecturer

Syllabus

Introducing to the course, financial investments, securities
Fundamental analysis
Technical analysis
Psychological analysis
Investment strategy and portfolio optimization
Practical trading of securities
Graded credit