Course detail

Securities and Stock Exchanges

FP-cpbKAcad. year: 2011/2012

The course is focused on the issue of securities and trading on public organized markets. The interpretation is focused on the principles of the functions of exchange markets through a system of defining the internal structure to the mechanism of operation and economic impact in the event of failure. Then focuses on the basic types of financial investment instruments, in particular the stock traded securities, as well as the derivative instruments, mutual funds and structured products. At the same time, the course also pays attention to entities involved in transactions in securities involved. And last but not least is its content as well as fundamental, technical and psychological analysis, as well as practical exercises of trading of securities on both exchanges in the Czech Republic and abroad.
Completion of the course students acquire both a comprehensive view of the importance of financial investment instruments, and will learn to identify their specific properties. Together with the acquired practical knowledge on the principles of investment and knowledge of how to deal with them, the student can then carry out commercial transactions in the Czech Republic, as well as on foreign exchanges.

Language of instruction

Czech

Number of ECTS credits

4

Mode of study

Not applicable.

Learning outcomes of the course unit

Students will be made familiar with the theoretical approaches in the area of financial markets and will understand the process of decision on investments and assets allocation. They will be able to make a critical analysis with respect to the investment strategy

Prerequisites

The course requires prior knowledge of economics, mathematics, statistics and the basics of law.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Teaching methods depend on the type of course unit as specified in the article 7 of BUT Rules for Studies and Examinations.

Assesment methods and criteria linked to learning outcomes

A student has to satisfy the following conditions:
1. Successful credit test (max- 24 points).
2. Successful presentation of 2 assignments (the date of presentation of assignments will be specified). A student can achieve max. 50 points for successful presentations of 2 assignments in the set term. When exceeding this deadline, he/she can achieve max. 40 points only.
4. Total sum of achieved points has to be higher than 44 points.

Requirements for the final exam: Student has to understand the subject-matter and prove his/her knowledge Acquired in the course.
The final exam is written.

Course curriculum

Not applicable.

Work placements

Not applicable.

Aims

The goal of the course is to teach how to apply the acquired knowledge when making decisions on investments and assets allocation.

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

66% attendance on lecturers
Self preparation for lecturers
Self study of literature
2 assignments
Self preparation for final exam

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Not applicable.

Recommended reading

JÍLEK, J.: Deriváty, hedžové fondy, offshorové společnosti, Praha, Grada Publishing, 2006. ISBN 80-247-1826-X (CS)
Kislingerová, Eva a Hnilica, Jiří. Finanční analýza: krok za krokem. 2. vyd. Praha: C.H. Beck, 2008. xiii, 135 s. C.H. Beck pro praxi. ISBN 978-80-7179-713-5. (CS)
VALACH, J.: Investiční rozhodování a dlouhodobé financování, Praha, Ekopress, 2001. ISBN 80-86119-38-6 (CS)

Classification of course in study plans

  • Programme MGR-KS Master's

    branch MGR-PFO-KS , 2 year of study, summer semester, compulsory-optional

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

Syllabus

The importance of organized markets and their impact on the operation of the financial and economic system.
Exchange systems and their functioning.
The specific functions of the various sub-segments of stock.
The basic factors of investment strategy
The basic classes of shares, their characteristics and ways of trading.
Fundamental analysis.
Technical analysis.
Psychological Analysis.
The basic types of bonds, their characteristics and ways of trading.
Investment through mutual funds.
The derivative transactions (trading futures contracts and options exchanges).
Specific features of structured products and their trading.
The specifics of exchange traded commodities and foreign currencies.
Exchange systems of stock exchanges, ways of stock trading.
Exchange trading of securities in the Czech Republic (practical exercises of trading)
Exchange trading of securities on foreign exchanges (practical exercises of trading on stock exchanges in the U.S. and Germany).