Course detail

Rating and Valuation

FP-FropPAcad. year: 2012/2013

Presenting the students with models of determining the credibility of a company and methods for determining the value of a company. Making the students familiar with the way the value of a company is determined. Concentrating on the strategic analysis of an enterprise particularly on search for the value holders. Practicing the methods of setting up a financial plan and creating a PC model. Presenting and applying methods for determining the value of a company.

Language of instruction

Czech

Number of ECTS credits

6

Mode of study

Not applicable.

Guarantor

prof. Ing. Mária Režňáková, CSc.

Department

Institute of Finances (ÚF)

Learning outcomes of the course unit

After completing the course, a student will be able to:
- differentiate between rating types and use the theoretical background for determining the solvency of a company,
- to choose between methods of determining the value of a company in view of the purpose of the valuation.

Prerequisites

The course may only be taken after completing the Financial Management.

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 students will be graded according to the results of their work at workshops and of the final exam.

Course curriculum

Investment and business rating. Rating companies. Methods of valuation of a company. Financial plan for determining the value of a company. Discount rate for determining the value of a company.

Work placements

Not applicable.

Aims

The course aims to provide a system view of a company and factors of creating the value of a company. To present the methods of the strategic analysis of a company to be used as a basis of the company’s rating. To systematically present the methods of determining the value of a company and the prerequisites for their application.

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

The students’ progress will be tested at the workshops. The students will present and submit their projects on a regular basis. Missed lessons may be made up for as decided by the teacher leading the workshop.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

MAŘÍK, M. a kol. Metody oceňování podniku:proces ocenění,základní metody a postupy.2011, 494 s.. Praha: Ekopress, ISBN 978-8086929-67-5. (CS)
VINŠ, P. a LIŠKA, V. Rating. Praha: C.H.Beck, 2005. ISBN 80-7179-807-X. (CS)
MAŘÍK, M. a kol. Metody oceňování podniku pro pokročilé: hlubší pohled na vybrané problémy. Praha: Ekopress, 2011. 548 s. ISBN 978-80-86929-80-4 (CS)

Recommended literature

ŠANTRŮČEK, J. Pohledávky, jejich cese a hodnota. 2. aktualizované vyd. Praha: Oeconomia, 2005. ISBN 80-245-0873-7 (CS)

Classification of course in study plans

  • Programme MGR Master's

    branch MGR-UFRP , 2 year of study, summer semester, compulsory

Type of course unit

 

Lecture

13 hod., optionally

Teacher / Lecturer

prof. Ing. Mária Režňáková, CSc.

Syllabus

1. Investment and business rating. Rating companies. Models of determining the solvency of a company.
2. Methodological approach to determining the rating and value of a company. Methods of determining the value of a company.
3. Strategic analysis for determining the value of a company. Financial plan for determining the value of a company.
4. Discount rate for determining the value of a company.
5. Specific features of determining the value of a company in different fields

Exercise

26 hod., compulsory

Teacher / Lecturer

doc. Ing. Michal Karas, Ph.D.

Syllabus

The students will apply methods of business valuation on the seminars.