Course detail

Financial management and Investment

ÚSI-1SBFRAcad. year: 2017/2018

The course aims at financial goals and financial management principles. Students will learn basics from: financial management, financial investment, financial analysis of company, financial planning, and evaluation of economical efectivity of investment projects.

Language of instruction

Czech

Number of ECTS credits

4

Mode of study

Not applicable.

Learning outcomes of the course unit

After completion of the course, students are able:
- to define company tasks and goals; evaluate the rate of reaching them
- to evaluate business financial situation;
- to apply company valuation methods;
- to characterize content of firm‘s financial plan and methods of its creating;
- to quantify optimal level of capital;
- to understand risks of making investment decision and to know ways how to consider and minimize them.

Prerequisites

Successful completion of the course of accounting and business economics.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Teaching is carried out through lectures and seminars. Lectures consist of interpretations of basic principles, methodology of given discipline, problems and their exemplary solutions. Seminars particularly support practical mastery of subject matter presented in lectures or assigned for individual study with the active participation of students.

Assesment methods and criteria linked to learning outcomes

The exam consists of theoretical and practical parts; Practical part: finding a solution of a model situation, eventually short case study. Theoretical part: opened and closed questions. The final classification is based on VUT Rules for Studies and Examinations.

Course curriculum

1. Financial analysis of company - analysis of trends, structure, ratio analysis.
2. Financial analysis of company - analysis of trends, structure, ratio analysis.
3. Financial analysis of company - general indicators of company productivity estimation.
4. Content and form of financial plan. Methods of financial planning.
5. Scheduled balance, plan of costs and income, plan of cash flow.
6. Planning the investing activity - importance of investment activity, phases of preparation.
7. Method of estimation of investment projects economical efficiency.
8. Plan of cash flows in investment project.
9. Choosing the discount rate, analysis of sensitivity.
10. Planning the gross working capital.
11. Financing the company development. Own sources of financing (external and internal).
12. Financing of company development. External sources of financing (loans, debenture stocks, leasing).
13. Costs of individual types of capital.

Work placements

Not applicable.

Aims

The aim of the course is to make students familiar with company financial management problems with emphasis on effective fund raising and capital investing.

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

Attendance at lectures is not compulsory but it is recommended. Attendance at seminars is checked by the tutor. Lessons are composed on the basis of weekly schedules. Way of substituting missed lessons is fully in competence of a tutor.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

REŽŇÁKOVÁ, M. Finanční management. 1. díl. 3. vyd. Brno: CERM, 2005, 125s. ISBN 80-214-3035-7 (CS)
REŽŇÁKOVÁ, M. Finanční management. 2. díl. 3. vyd. Brno: VUT v Brně, 2005, 120s. ISBN 80-214-3036-2 (CS)
REŽŇÁKOVÁ, M. Efektivní financování rozvoje podnikání. Grada, 2012. (CS)

Recommended reading

REŽŇÁKOVÁ,M. a kol. Řízení platební schopnosti podniku. Praha: Grada, 2010. 200 s. ISBN 978-80-247-3441-5 (CS)
KISLINGEROVÁ, E. a HNILICA. J. Finanční analýza. 1. vyd. Praha: C. H. Beck, 2005. 137 s. (CS)
MAREK, P. a kol Studijní průvodce financemi podniku. 1. vydání Praha: EKOPRESS, 2006. 559 s. ISBN 80-86119-37-8. (CS)
VALACH, J. Investiční rozhodování a dlouhodobé financování. 2. vyd. Praha: EKOPRESS, 2005. 465 s. ISBN 80-86929-01-9 (CS)

Classification of course in study plans

  • Programme MSoI Master's

    branch EID , 1. year of study, summer semester, compulsory
    branch REI , 1. year of study, summer semester, compulsory

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

Syllabus

1-3 Financial analysis
4-5 Financial planning
6-9 Capital budgeting a investment decision making
10 Net working capital planning
11-13 Found rising

Exercise

26 hours, compulsory

Teacher / Lecturer