Course detail

Financial Markets

FP-UftPAcad. year: 2011/2012

The course enables acquirement of theoretical knowledge and practical skills with respect to all spheres of activities on a financial market. The course deals with the individual types of existing financial institutions and financial instruments as well as with the most important types of financial transactions carried out on financial markets. The course provides students also with the fundamentals of financial mathematics.

Language of instruction

Czech

Number of ECTS credits

5

Mode of study

Not applicable.

Guarantor

prof. Ing. Oldřich Rejnuš, CSc.

Department

Institute of Economics (ÚE)

Learning outcomes of the course unit

Students will acquire theoretical and practical knowledge and skills from all spheres connected with functioning of a financial market. They will understand the significance of the financial market for the economy of every state and will have a grasp of the function and mission of each institution and subject operating on the financial market. They will learn to differentiate financial tools and to use them in practice. Students will also learn how to plan and carry out basic financial operations using existing financial tools in the corporate practice as well as for personal finances management.

Prerequisites

The course is a follow-up to the knowledge of theory of market economy, monetary theory, and ways of pursuing of expansive and restrictive monetary and fiscal policy in an open economy, basic activities of banking system institutions.

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

The course-unit credit is awarded on condition of successful completion of a written test which is focused especially on financial mathematics. Student can be assessed max by 40 points for this test. Successful completion of the test is a condition for admission to the oral exam.
Assessment of the oral exam reflects partially the mark given for the written test.

Course curriculum

Not applicable.

Work placements

Not applicable.

Aims

The main objective of the course is to teach students how to understand ding financial system as the integral part of an economic system as well as its role, substance and importance of its functioning. Students will learn how to actively participate in standard types of financial operations with individual types of investment financial tools, from the corporate financial transactions point of view as well as from the personal finances management point of view. Also dealt with are the fundamentals of financial mathematics necessary for financial practice.

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

The control of participation is fully in teacher’s competence. Active participation in lessons, control of knowledge in seminars.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Meluzín, T. Finanční trhy-cvičení. Brno: CERM, 2005. 1. vyd. ISBN 80-214-3048-6. (CS)

Recommended reading

Cipra, T.: Praktický průvodce finanční a pojistnou matematikou. Praha: HZ, 1995 (CS)
Polidar,V.: Management bank a bankovních obchodů. Praha, Ekopress, 1999 (CS)

Classification of course in study plans

  • Programme BAK Bachelor's

    branch BAK-UAD , 2 year of study, winter semester, compulsory

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

prof. Ing. Oldřich Rejnuš, CSc.

Syllabus

- Financial market and its importance in economy
- Types of financial transactions
- Financial institutions
- Theory of interest rates and its functioning in financial system
- Introduction to the theory of financial investments
- Financial investment tools
- Stocks and bonds of collective investment
- Financial derivatives
- Structured products

Exercise

13 hod., compulsory

Teacher / Lecturer

prof. Ing. Oldřich Rejnuš, CSc.

Syllabus

- Simple interest and discount
- Compound interest
- Savings
- Pensions
- Amortisation
- Selected short-term equities
- Bonds
- Shares