Course detail
Basic Elements of Financing
FP-ZFAcad. year: 2020/2021
Financial market structure, institutions and tools. Money market – banking, banking products. The capital market – basic rules of financial investments, investment tools (types of securities and ways of capital market analysis), capital market institutions. Stock exchance. Insurance. Public finance (public revenues and expenditures, state budget, public debt).
Language of instruction
Czech
Number of ECTS credits
4
Mode of study
Not applicable.
Guarantor
Department
Learning outcomes of the course unit
After completion of the course, student is able:
- to define financial market position, importance and function in the economic system;
- to utilize services provided by commercial banks ;
- to describe the importance of capital market, its tools (securities) and institutions from the view of financing and investment;
- to characterize insurance market, its participants, tools;
- to define public finance functions and tools.
- to define financial market position, importance and function in the economic system;
- to utilize services provided by commercial banks ;
- to describe the importance of capital market, its tools (securities) and institutions from the view of financing and investment;
- to characterize insurance market, its participants, tools;
- to define public finance functions and tools.
Prerequisites
Not required.
Co-requisites
Not applicable.
Planned learning activities and teaching methods
The course contains lectures that explain principles, decisions 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
CREDIT REQUIREMENTS: At least 50 % successful passing of test. Students have the possibility to use one regular and one resit test. Presentation of the essay. Voluntary homework. Participation in seminars (one absence during the semester is tolerated).
WAY OF EXAMINATIONS: The written exam is oriented to verify theoretical and practical knowledge. The questions are formulated in the form of open and closed questions. The test is required 50% success rate.
RULES OF THE CLASSIFICATION: according to rules of study Examination of Brno University of Technology
WAY OF EXAMINATIONS: The written exam is oriented to verify theoretical and practical knowledge. The questions are formulated in the form of open and closed questions. The test is required 50% success rate.
RULES OF THE CLASSIFICATION: according to rules of study Examination of Brno University of Technology
Course curriculum
Economic system and the financial market. Banking system and products. Capital market. Investment instruments. Stocks bonds, financial derivates. Risk, return and liquidity of investment instruments. Theory of portfolio.
Collective investment institutions. Pension funds. Insurance. Public finance.
Collective investment institutions. Pension funds. Insurance. Public finance.
Work placements
Not applicable.
Aims
The objective of the course is to make students familiar with financial market area. From this view:
- to define financial market position, importance and function in the economic system;
- to characterize money market institutions (central bank, commercial banks) and services provided;
- to introduce the meaning of capital market and to present its tools (securities) and institutions;
- to characterize insurance market, its participants, tools;
- to define public finance functions and tools.
- to define financial market position, importance and function in the economic system;
- to characterize money market institutions (central bank, commercial banks) and services provided;
- to introduce the meaning of capital market and to present its tools (securities) and institutions;
- to characterize insurance market, its participants, tools;
- to define public finance functions and tools.
Specification of controlled education, way of implementation and compensation for absences
Attendance at lectures is not compulsory, but is recommended. Attendance at seminars is required and checked by the tutor. Lessons are composed on the basis of weekly schedules. Way of substituting missed lessons is fully in competence of a teacher.
Recommended optional programme components
Not applicable.
Prerequisites and corequisites
Not applicable.
Basic literature
BROOKS, R. M. Financial management: Core concepts. 3rd ed. Boston: Pearson, 2016. 619 p. ISBN 978-0-133-86669-8 (EN)
KORÁB, V. a REŽŇÁKOVÁ, M. a PETERKA, J. Podnikatelský plán. Brno: Computer Press, 2007. 216 s. ISBN 978-80-251-1605-0. (CS)
MAREK, P. a kol. Studijní průvodce financemi podniku. Praha: Ekopress, 2006. 624 s. ISBN 80-86119-37-8. (CS)
SRPOVÁ, J., ŘEHOŘ, V. a kol. Základy podnikání. Teoretické poznatky, příklady a zkušenosti českých podnikatelů. Praha: Grada Publishing. 2010. (CS)
KORÁB, V. a REŽŇÁKOVÁ, M. a PETERKA, J. Podnikatelský plán. Brno: Computer Press, 2007. 216 s. ISBN 978-80-251-1605-0. (CS)
MAREK, P. a kol. Studijní průvodce financemi podniku. Praha: Ekopress, 2006. 624 s. ISBN 80-86119-37-8. (CS)
SRPOVÁ, J., ŘEHOŘ, V. a kol. Základy podnikání. Teoretické poznatky, příklady a zkušenosti českých podnikatelů. Praha: Grada Publishing. 2010. (CS)
Recommended reading
FOTR, J. Podnikatelský záměr a investiční rozhodování. 2. přepr. a dopl. vyd. Praha: Grada Publishing, 2005. 356 s. (CS)
KISLINGEROVÁ, E. a kol. Manažerské finance. 2. přeprac. a rozš. vyd. Praha: C. H. Beck, 2007. 745 s. ISBN 978-80-7179-903-0. (CS)
NÝVLTOVÁ, R., MARINIČ, P. Finanční řízení podniku. Moderní metody a trendy. Praha: Grada, 2010. 204 s. ISBN 978-80-247-3158-2. (CS)
KISLINGEROVÁ, E. a kol. Manažerské finance. 2. přeprac. a rozš. vyd. Praha: C. H. Beck, 2007. 745 s. ISBN 978-80-7179-903-0. (CS)
NÝVLTOVÁ, R., MARINIČ, P. Finanční řízení podniku. Moderní metody a trendy. Praha: Grada, 2010. 204 s. ISBN 978-80-247-3158-2. (CS)
Classification of course in study plans
Type of course unit
Lecture
26 hod., optionally
Teacher / Lecturer
Syllabus
LECTURES:
1. Introduction.
2. Economic system and the financial market.
3. Banking system.
4. Banking products.
5. Capital market. Prague Stock Exchange.
6. Stocks, bonds, financial derivates.
7. Investment in the financial market. Theory of portfolio.
8. Subjects of collective investment.
9. Insurance.
10. Leasing, factoring, forfaiting.
11. Public finance I (public choice, public revenues and expenditures).
12. Public finance II (public budgets, public debt).
13. Summary. Discussion.
1. Introduction.
2. Economic system and the financial market.
3. Banking system.
4. Banking products.
5. Capital market. Prague Stock Exchange.
6. Stocks, bonds, financial derivates.
7. Investment in the financial market. Theory of portfolio.
8. Subjects of collective investment.
9. Insurance.
10. Leasing, factoring, forfaiting.
11. Public finance I (public choice, public revenues and expenditures).
12. Public finance II (public budgets, public debt).
13. Summary. Discussion.
Exercise
13 hod., compulsory
Teacher / Lecturer
Syllabus
SEMINARS:
1. Content of the Subject. Requirements. Basics of Financial Mathematics (interest).
2. Basics of Financial Mathematics (saving, annuity).
3. Loans. Building society accounts.
4. Methods of stock's intrinsic value determination. Bonds valuation - duration, convexity, risk, return, yields.
5. Seminar work presentation.
6. Test.
1. Content of the Subject. Requirements. Basics of Financial Mathematics (interest).
2. Basics of Financial Mathematics (saving, annuity).
3. Loans. Building society accounts.
4. Methods of stock's intrinsic value determination. Bonds valuation - duration, convexity, risk, return, yields.
5. Seminar work presentation.
6. Test.