FP-fpPAAcad. year: 2020/2021
The course focuses on the following topics: fundamentals of corporate finance (basic concepts of corporate finance, objects of corporate finance, corporate finance management roles, ..), financing of entrepreneurship (the classification of financial resources, financing and risks, internal and external financial resources, specific forms of corporate finance), business needs (forms of business needs, determinants of business needs, the time structure of business needs, planning of business needs ..).
Learning outcomes of the course unit
Students will be able to identify individual needs according to the area of company activity, they will be aware of the financial backing of these needs, they will be able to define and apply internal and external resources for corporate financing, as well as methods of capital planning and methods of evaluation of the investment efficiency, methods of cash flow quantification, basic methods of management of the working capital.
Recommended optional programme components
Recommended or required reading
BREALEY, R.; MYERS, S.; ALLEN, F. Principles Of Corporate Finance. 11th Edition. McGraw-Hill Australia, 2013. ISBN 9780078034763. (EN)
KISLINGEROVÁ, E. a kol. Manažerské finance, Praha: C.H.Beck, 2010. 864 s. ISBN 978-80-7400-194-9. (CS)
KORÁB, V.; REŽŇÁKOVÁ, M.; PETERKA, J. Podnikatelský plán v praxi. Brno:Computer Press, 2007. 216 s. ISBN 978-80-251-1605-0. (CS)
SCHOLLEOVÁ, H. Ekonomické a finanční řízení pro neekonomy. 3. aktualiz. vyd. Praha: Grada Publishing, 2017. ISBN 978-80-247-2424-9. (CS)
BROOKS, R. M. Financial management: Core concepts. 3rd edition. PEARSON, 2016. ISBN 978-0133866698. (EN)
HRDÝ, M.; KRECHOVSKÁ, M. Podnikové finance v teorii a praxi, 2. vyd. Wolters Kluwer, 2017. 272 s. ISBN 978-80-7552-449-2. (CS)
MAREK, P. a kol. Studijní průvodce financemi podniku. 2. vyd. Praha: Ekopress. 2009. 634 s. ISBN 978-80-86929-49-1 (CS)
VALACH, J. Investiční rozhodování a dlouhodobé financování. Praha: Ekopress, 2011. ISBN: 978-80-86929-71-2 (CS)
SRPOVÁ, J.; ŘEHOŘ, V. a kol. Základy podnikání. Teoretické poznatky, příklady a zkušenosti českých podnikatelů. Praha: Grada Publishing, 2010. 432 s. ISBN 978-80-247-3339-5. (CS)
REŽŇÁKOVÁ, M.; HEDIJA, V.; KARAS, M.; SÁGHY ESTÉLYI, K.; ŽIŽLAVSKÝ, O.: Finance podniku. Průvodce studiem pro kombinovanou formu studia. Brno, 2016 (elektronicky) (CS)
Planned learning activities and teaching methods
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.
Assesment methods and criteria linked to learning outcomes
Conditions for awarding the course-unit credit: Successful completion of one credit test. For successful completion of the test, student have to achieve at least 50% of the possible number of points.
Conditions for passing an exam: Knowledge are verified by a writing exam. Exam is classified according to ECTS scale.
Language of instruction
Topics of lectures are the following:
definition of selected basic concepts of traditional and modern conceptions of corporate finance, corporate finance objectives, corporate finance management role, concept of present value, calculation of profitability, concept of internal rate of return, the risk of changes in interest rates, nominal versus real interest rate;
approach to the classification of financial resources;
factors affecting the form and amount of corporate finance;
internal financial resources;
external financial resources;
specific forms of corporate finance;
The main objective of the course is to provide students with the necessary theoretical knowledge regarding corporate finance. It requires mastering the up-to-date approaches to defining the needs of the company, defining possible resources for covering those needs, as well as methods of planning and evaluation of investment projects. Also necessary is to understand questions related to the cash flow management and management of the working capital.
Specification of controlled education, way of implementation and compensation for absences
Control of results of independent work on assigned tasks. In case of excused absence from seminars, the teacher can set additional condition if appropriate, usually elaboration of partial written task.