English

Not applicable.

Knowledge: The student knows the principles and methods of compiling of the financial plan, both in the form of short-term financial plans and in the form of the outlook or long-term financial plan. They are aware of different possibilities of financing the enterprise and their specific features. Moreover, they can identify those forms suitable for the small enterprise. They know the method of working capital management and methods of assuring the solvency of business.
Skills: The student is able to create a financial plan for the stage of starting or developing their own business, and moreover is able to evaluate and identify the risks connected to the solvency of the enterprise. The student is capable of evaluating various investment opportunities.
Abilities: The student can create the financial plan in different variants especially for different scenarios of expected future development. What is more, they can implement measures for stabilising or enhancing the cash flow so assuring and maintaining the solvency of the business. They will be able to weigh up the advantages of various investment opportunities, judge the possibilities for their financing and evaluate their future impact.

Knowledge and understanding of the content of financial statements, a knowledge of basic corporate-economics terms and a knowledge of mathematical functions.

Not applicable.

The course involves lectures that explain the basic principles, problems and methodology of the discipline, and seminars that promote the practical knowledge of the subject presented in the lectures.

Preparing, submitting and defending a seminar paper and responding to supplementary theoretical questions. The subject of the seminar paper is the compilation and evaluation of a financial plan with an outlook of 3 years for a concrete plan for the start-up and development of a business. In the resulting assessment of the course the level of the paper produced has a 70% share, and a pass requires a minimum of 50%.
The seminar work could be prepared in a team of up to two students. In such case, the team members are equally responsible for the quality of the work, i.e. they share the same assessment of the submitted work.

1. Introduction to the subject (course completition requirements). Introduction to financial management.
2. Time value of money
3. Financial statement and cash flow
4. Capital budgeting
5. Working capital management
6. Financing business part 1
7. Financing business part 2
8. Financial planning - short-term horizon
9. Financial planning - long-term horizon
10. Specific forms of financing a business
11. Financial analysis – part 1
12. Financial analysis – part 2

Not applicable.

The aim of the course is to introduce students to the basics of corporate financial management, such procuring funding, deciding on investments, working capital management and financial planning, all with a special focus on small enterprises.

Monitoring of results of independent work on assigned tasks. In the case of excused absence from a seminar the teacher can set additional condition if appropriate, usually production of a partial written task.

Not applicable.

Not applicable.

ATRILL, P. Financial management for Non-specialists. 3 ed. Prentice Hall. 2003. ISBN 0-273-65749-6 (EN)
BREALEY, R. A., MYERS, S. C., ALLEN, F. Principles of Corporate Finance. 11 Ed. McGraw Hill. 2014. ISBN 978-0078034763 (EN)
BROOKS, R. M. Financial management: Core concepts.1 ed. Prentice Hall. 2010. ISBN 978-0-321-60939-7 (EN)

DAMODARAN, A. Applied corporate finance. 3rd Edition. John Wiley&Sons, 2011. ISBN 978-0-470-38464-0. (EN)
DOUGLAS, R., E., FINNERTY, J., D. & J. D.STOWE. Corporate financial management. 3rd Edition. Pearson Prentice Hall, 2007. ISBN 0-13-227872-3. (EN)