Course detail

Financial Management for Informatics

FP-IfmiPAcad. year: 2013/2014

Methods of evaluating the performance of the company and inter-company comparison.
Strategic financial management:
- Place in business management, business content, information requirements
- Strategic investment decisions
- Strategic financial decisions
- Information security strategic financial decisions
Operational financial management
- Management of solvency
- Credit management - creation and maintenance of databases
- Inventory management - management models
- Short-term investments - cash management models, automated systems liquidity management, cash pooling
- Short-term financial planning - information support, modeling financial plan

Language of instruction

Czech

Number of ECTS credits

3

Mode of study

Not applicable.

Guarantor

prof. Ing. Mária Režňáková, CSc.

Department

Institute of Finances (ÚF)

Learning outcomes of the course unit


For successful completion of the module, the graduate should:
1) know:
• orientate oneself on the sources of corporate financing and know methods of assessing benefit funding sources;
• know the appropriate criteria for evaluation of results (performance) of corporation and implement them in the IS business;

2) be able to do
• Identify and use relevant information from the accounting and financial markets to monitoring the financial situation of the company and creating financial plan;
• Implement methods to evaluate efficiency of investment projects in IS business;

Prerequisites

Successful completion of the course is conditional on the knowledge of accounting, financial mathematics and business economics.

Co-requisites

Not applied.

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:
Seminar work:
Factor analysis of the company 10 points
financial plan of the company 10 points
Written test on seminars 30 points
The minimum number of points for obtaining course-unit credit is 25 points.

Students have one replacement and repair term to the written test

Exam 50 points
The exam is successfully if the student reaches 50% of the possible points. The obtained score will be added to the score obtained in the exercises.
Classification is according by Study and Examination Regulations of BUT.

Course curriculum

Methods of evaluating the performance of the company and inter-company comparison.
Strategic financial management:
- Place in business management, business content, information requirements
- Strategic investment decisions
- Strategic financial decisions
- Information security strategic financial decisions
Operational financial management
- Management of solvency
- Credit management - creation and maintenance of databases
- Inventory management - management models
- Short-term investments - cash management models, automated systems liquidity management, cash pooling
- Short-term financial planning - information support, modeling financial plan

Work placements

Not applicable.

Aims

The aim of module is:
• highlight the importance of defining financial targets, and to familiarize students with different ways to define them;
• provide information about measurement methods of defined target;
• develop students' awareness of the possibility of external financing (financial market) and factors (criteria) influencing decisions about the using of financial resources;
• present the approaches used in the Capital Planning and assessing the economic efficiency of investment projects;
• highlight the potential risks in the financial and investment decisions and its minimization.

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

Attendance at lectures is not compulsory, but is recommended. Attendance at seminars is checked by the tutor. Lessons are composed on the basis of weekly schedules.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

BRIGHAM, E.R., EHRHARDT, M.C. Financial Management. Tudory and Pracitice, Ohio: South-Western. (EN)
FOTR, J. Strategické finanční plánování. Praha: Grada, 1999. 149 s. ISBN 80-7169-694-3. (CS)
VALACH, J. Investiční rozhodování a dlouhodobé financování. 2. přeprac. vyd. Praha: Ekopress, 2005. 465 s. ISBN 80-86929-01-9. (CS)

Recommended reading

KISLINGEROVÁ, E. a kol. Manažerské finance. 2. vyd. Praha: C.H.Beck, 2010,811 s. ISBN 978-80-7400-194-9. (CS)
REŽŇÁKOVÁ, M. a kol. Řízení platební schopnosti podniku. Praha: Grada, 2010. 200 s. ISBN ISBN 978-80-247-3441-5 (CS)
REŽŇÁKOVÁ, M. Efektivní financování rozvoje podnikání. Praha: Grada, 2012. ISBN 978-80-247-1835-9 (CS)

Classification of course in study plans

  • Programme MGR-SI Master's

    branch MGR-IM , 2 year of study, winter semester, compulsory

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

prof. Ing. Mária Režňáková, CSc.

Syllabus

1. Company financial management. Aspects of strategic financial management. Content of financial management during different business life cycle phases.
2. Company financial goals. Economic Value Added.
3. Financing strategy – Equity financing (internal, external – stocks issue: capital market, types of stocks and related rights).
4. Financing strategy – Equity financing (external – stocks issue: increasing of owner's equity, venture capital).
5. Financing strategy – Debt capital (bonds, bank loan).
6. Financing strategy – Debt capital (leasing). Costs of capital and their utilization in financial decision making.
7. Financing strategy – Company capital structure optimalization. Company dividend policy.
8. Market company valuation. Strategic company valuation. Financial Planning.
9. Investment strategy – types of investment strategy. Capital Planning. Risks in investment projects.
10. Company liquidity management. Net working capital management
11. Credit management. Discount.
12. Cash management.
13. Foreign exchange risk management.

Exercise

13 hod., compulsory

Teacher / Lecturer

doc. Ing. Michal Karas, Ph.D.

Syllabus

1. Introduction. Cash flow. Financial Analysis
2. Factor Analysis
3. Methods of Leasing and Loan Comparation.
4. Financial planning.
5. Methods for investment projects assessment – their utilization and risks.
6. Test