Course detail

Corporate Finance

FEKT-MFIPAcad. year: 2018/2019

Financial goals. Financial management principles. Time value of money. Risk and return. Corporate assets structure. Corporate financial structure. Sources of financing. Investment decision methods. Working capital management. Liquidity management.

Language of instruction

Czech

Number of ECTS credits

5

Mode of study

Not applicable.

Guarantor

doc. Ing. Petr Bača, Ph.D.

Department

Faculty of Business and Management (FP)

Learning outcomes of the course unit

Passing this course, student is able to analyze company financial statements, to decide in consideration of the time value of money, to apply relevant methods to investment decision-making and to understand the principles of short- and long-term financial management.

Prerequisites

The subject knowledge on the Bachelor´s degree level is requested.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

The course is focused on the explanation of the main principles and presentation of the decision problems as well solution of model situation. Exercises are focused on practical topics presented in lectures.

Assesment methods and criteria linked to learning outcomes

Written exam will be comprised of two parts: examples and theory. Minimum of 50 % from both parts of the exam is required to pass the course.

Course curriculum

Organization of lectures and exams.
Enterprise finance, financial targets. Fundamental terms.
Financial decision making.
Financial market.
Structure of assets in the enterprise.
Evaluation of financial assets.
Long-term financing sources. Leasing.
Financial structure.
Capital budgeting.
Working capital management.
Short-term financing sources.
Cash flow management.
Introduction to financial analysis.

Work placements

Not applicable.

Aims

The goal of this course is to provide complex view of the basic financing principles and of the financial management role.

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

In order to pass the exam, a minimum of 50 % attendance in lectures is required, as well as theoretical and practical preparedness for the lectures and a minimum mark of 50 % in written exam (for the second attempt, student will receive 20 % penalty).

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Režňáková, M. a Zinecker, M. Finanční management, II. část. VUT v Brně, FP: 2003, ISBN 80-214-2488-5.
Režňáková, M. Finanční management, I. část. VUT v Brně, FP: 2003, ISBN 80-214-2487-7;
VALACH, J. Finanční řízení podniku. Praha: EKOPRESS,1997, ISBN 80-901991-6-X
VALACH, J. Investiční rozhodování a dlouhodobé financování, Praha: EKOPRESS, 2001. 450 str., ISBN 80-86119-38-6

Recommended reading

BREALEY, R.A. a MYERS, S.C. Teorie a praxe firemních financí (překlad) Praha, Victoria Publishing, 1992, EAST Publishing 1999. ISBN 80-85605-24-4.
Jindřichovská, I., Blaha, Z. S.: Podnikové finance. Praha Management Press 2001, ISBN 80-7261-025-2
Kisslingerová, E. a kol.: Manažerské finance. Praha C. H. Beck 2004
RADOVÁ J., DVOŘÁK, P.: Finanční matematika pro každého. Praha, Grada 1993, ISBN 80-85623-27-7

Classification of course in study plans

  • Programme EEKR-M Master's

    branch M-EEN , 1 year of study, summer semester, elective interdisciplinary

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

doc. Ing. Petr Bača, Ph.D.

Syllabus

1. Organization of lectures and exams.
2. Enterprise finance, financial targets. Fundamental terms.
3. Financial decision making.
4. Financial market.
5. Structure of assets in the enterprise.
6. Evaluation of financial assets.
7. Long-term financing sources. Leasing.
8. Financial structure.
9. Capital budgeting.
10. Working capital management.
11. Short-term financing sources.
12. Cash flow management.
13. Introduction to financial analysis

Fundamentals seminar

26 hod., compulsory

Teacher / Lecturer

doc. Ing. Petr Bača, Ph.D.

Syllabus

1. Organization of practices.
2. Present value and future value
3. Financial aims, economical added value, selected financial analysis coefficients.
4. Assets structure and financial structure.
5. Capital costs. Optimization of financial structure.
6. Capital budgeting.
7. Methods of evaluation of investment projects
8. Internal and external financial sources.
9. Working capital management.
10. Cash flow management – financial forecasting.