Course detail

Corporate Finance

FP-fpPAcad. 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.

Prerequisites

Knowledge of account sheets, knowledge of statement and accounting procedures for entrepreneurs, mathematical knowledge of functions.

Co-requisites

Not applicable.

Recommended optional programme components

Not applicable.

Recommended or required reading

BREALEY, R.; MYERS, S.; ALLEN, F. Principles Of Corporate Finance. 11th Edition. McGraw-Hill Australia, 2013. ISBN 9780078034763.
KISLINGEROVÁ, E. a kol. Manažerské finance, Praha: C.H.Beck, 2010. 864 s. ISBN 978-80-7400-194-9.
KORÁB, V.; REŽŇÁKOVÁ, M.; PETERKA, J. Podnikatelský plán v praxi. Brno:Computer Press, 2007. 216 s. ISBN 978-80-251-1605-0.
SCHOLLEOVÁ, H. Ekonomické a finanční řízení pro neekonomy. 3. aktualiz. vyd. Praha: Grada Publishing, 2017. ISBN 978-80-247-2424-9.
BROOKS, R. M. Financial management: Core concepts. 3rd edition. PEARSON, 2016. ISBN 978-0133866698.
HRDÝ, M.; KRECHOVSKÁ, M. Podnikové finance v teorii a praxi, 2. vyd. Wolters Kluwer, 2017. 272 s. ISBN 978-80-7552-449-2.
MAREK, P. a kol. Studijní průvodce financemi podniku. 2. vyd. Praha: Ekopress. 2009. 634 s. ISBN 978-80-86929-49-1
VALACH, J. Investiční rozhodování a dlouhodobé financování. Praha: Ekopress, 2011. ISBN: 978-80-86929-71-2
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.
REŽŇÁKOVÁ, M.; HEDIJA, V.; KARAS, M.; SÁGHY ESTÉLYI, K.; ŽIŽLAVSKÝ, O.: Finance podniku. Průvodce studiem pro kombinovanou formu studia. Brno, 2016 (elektronicky)

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

Requirements for awarding of credit:
a) Four continuous control tasks: The student is obliged to independently prepare the assigned tasks on a predetermined date. This will be implemented online through butt e-learning. A maximum of 8 points can be earned for each task.
b) Example test: At the end of the semester, the student takes an example test from which he/she can earn a maximum of 28 points.

In total, the student can get a maximum of 60 points from the seminar. The student will be awarded the credit if he/she has at least 30 points from the seminar. A student who does not achieve the required number of points can write the final test in the extra term. The assessment from the seminars contributes to the overall assessment of the course.

A student who studies a subject according to the individal study plan (ISP) to obtain the credit takes a final test, which is agreed with the teacher in advance.

Examination requirements:
Knowledge is tested by a written examination. Only students who have applied for the examination in IS and have the credit entered will be allowed to take the examination. The examination is made up of open questions, closed questions with a choice of more correct answers and examples. The examination lasts 50 minutes. There is a maximum of 40 points in the examination and a minimum of 20 points is needed to pass. The resulting assessment for the course is the sum of points from the seminars and the examination. The result is classified according to the ECTS scale. Incorrect or illegible answers are assessed as unsatisfactory.

Language of instruction

Czech

Work placements

Not applicable.

Course curriculum

The enterprise and its mission. Corporate finances. The corporate founding budget. Managing capital invested in fixed assets. Methods of evaluating investment projects. Managing capital invested in current assets. Economic criteria for evaluating inventory management. Managing receivables. Sources of corporate finance. Corporate cash flow. The financial objectives of the enterprise and their evaluation.

Aims

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. Due to the epidemiological situation, the control of participation in the exercises will not be performed. The evaluation will be based only on partial inspection tasks.

Classification of course in study plans

  • Programme BAK-UAD Bachelor's, 2. year of study, winter semester, 6 credits, compulsory
  • Programme BAK-EP Bachelor's, 2. year of study, winter semester, 6 credits, compulsory

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

eLearning