Czech

Not applicable.

After completion of the course, student is able:
- to define financial market position, importance and function in the economic system;
- to characterize status, function and tools of central bank;
- to utilize services provided by commercial banks and to understand basic principles of commercial banks’ management;
- 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.

No required.

Not applicable.

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

CREDIT REQUIREMENTS:
• test – Minimum required score to pass written test is 50 %.

WAY OF EXAMINATION:
The exam has a written part only and is oriented to verify knowledge of the taught problems. The final classification is done according to Rules for Study and Examination of Brno University of Technology.

1. Structure of the course. Organization of study and exams. Basic terminology and relations. Financial market. Bank system.
2. Money policy of central bank. International Financial Institutions. European Monetary Union.
3. Commercial bank and its role. Bank deals. Rules of cautious behavior. Bank risk.
4. Bank accounts. Types of credits, credit system, credit score. Collateral. Interest and repayment of loans.
5. Domestic and foreign payment system, payment transactions (cheques, payment cards, documentary collection, documentary credit).
6. Bills of exchange and their flow.
7. Leasing. Factoring. Forfaiting.
8. Venture capital. Support of the enterprise.
9. Capital markets’ principle and functions. Basic types of securities.
10. Financial investments. Capital market analysis.
11. Financial derivatives. Capital market institutions.
12. Insurance.
13. Public finance.

Not applicable.

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 present special forms of financing (leasing, factoring, forfaiting);
- to characterize insurance market, its participants, tools;
- to define public finance functions and tools.

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.

Not applicable.

Not applicable.

MISHKIN, FREDERIC, S. The economics of money, banking, and financial markets, 8th ed. Boston: Pearson/addison Wsley, 2007. 0-321-28726-6. (EN)
MUSÍLEK, P. Trhy cenných papírů. Praha: Ekopress, 2002. 459 s. ISBN 80-86119-55-6. (CS)
NÝVLTOVÁ, R. REŽŇÁKOVÁ, M. Mezinárodní kapitálové trhy: zdroj financování. Praha: Grada, 2007. 222 s. ISBN 978-80-247-1922-1. (CS)
POLOUČEK, S a kol. Bankovnictví. Praha: C. H. Beck, 2006. 716 s. ISBN 80-7179-462-7. (CS)

Režňáková, M. Finance. Finanční systém. 1. díl. Brno: CERM, 2005 (CS)
Režňáková, M. Finance. Finanční systém. 2. díl. Brno: CERM, 2005 (CS)