Czech

6

Not applicable.

After completion of the course, student is able to understand the principle and function of financial decision-making and management with support of applied methods in financial mathematics. He will be able to:
a) Apply methods of financial mathematics (interest running, discount, savings, earnings)
b) Compare interest rates for various interest periods
c) Evaluate investment projects
d) Apply various measures of financial analysis
e) Be well versed in repayment of a loan
f) Calculate market price of obligations and stocks
g) Calculate cross rate and forward exchange rate
h) Solve insurance operations

Knowledge of the solution of equations, graphical presentation various functions in different contexts and rasters graphs with numerical expression, the issue of arithmeticand geometric sequences and infinite geometric series. Working with mathematicalsoftware. Orientation in basic economic categories.

Not applied.

The course contains lectures that explain basic principles, problems and methodology of the discipline, and exercises that promote the practical knowledge of the subject presented in the lectures.

Conditions for awarding the course-unit credit:
1. Professional activity is indicative of student preparation for seminars (evaluated by the teacher) – max. 10 points.
2. Successful completion of a test at pre-determined schedule date – max. 20 points. Students have right to use one regular and one repetative term of the test.
3. The total number of points for credit must be higher than 18 points.

Conditions for exam:
Knowledge of taught topics and its practical application. Form of examination: Combined – a written test and an oral examination if necessary. Written test – 45 minutes, two theoretical questions and one arithmetical problem. For the test are admitted only students who are logged in to the BUT system and who have written results of test in BUT system. Classification of a test is part of the overall evaluation of the course with a weight of 0.33. Classification methods depend on the BUT Rules for Studies and Examinations using the ECTS grading scale. The overall classification of "E - sufficient", classification is needed answers to theoretical questions and solving example at least a grade of "E", it means, the answer is correct, but there are some significant parts; solution example is correct, but contains a numerical error.

1. Simple and compound interest payment. Effective interest rate. Intensity of interest. Nominal and real interest rate.
2. Savings – short-term, long-term and their combination.
3. Income – income calculation. Temporary income. Real income.
4. Discount. Time value. Investment decision-making – rules and criteria.
5. Bonds and their evaluation. Bonds price sensitivity.
6. Loans. Extinction of a debt. Annuity. Instalment plan. Leasing.
7. Stocks, obligations. Market price of stock. Stock profitability. First option and its price. Short-term stocks and bonds.
8. Currency rates – cross rate and forward exchange rate.
9. Financial analysis – trend analysis. Time series of measures.
10. Financial analysis – analysis of proportional measures.
11. Financial risk. Portfolio theory and its analysis.
12. Financial strategy – structure of firm capital and its optimization. Economic value added.
13. Elementary calculation in life and pension insurance.

Not applicable.

The aim of the course is to acquaint students with basic concepts and relations in the field of financial mathematics and mathematical methods in modern finance, with real examples and practical knowledge.

Lecture: Attendance at lectures is not compulsory, but is recommended.

Exercise: Check the results of independent work on assigned tasks. Attendance at seminars is required and checked by the tutor. In case of excused absence from seminars, the teacher can set additional condition if appropriate, usually elaboration of partial written task.

Not applicable.

Not applicable.

Not applicable.

Not applicable.

13 hours, compulsory

1. Organization of study. Simple and compound interest payment.
2. Income – income calculation. Temporary income. Real income.
3. Loans. Extinction of a debt. Annuity. Instalment plan. Leasing.
4. Break-even point analysis. Structure of firm capital and its optimization. Economic value added.
5. Investment strategy - rules and measures. Time value.
6. Test.
7. Unit credits.