Course detail

Investments

FAST-NVB044Acad. year: 2021/2022

Technical economic studies. Financial analysis and method for evaluation of project economical efficiency. Risk management, risk classification and identification, assessment of relevance of risk factors. Firm investment programme and financial plan.

Language of instruction

Czech

Number of ECTS credits

4

Mode of study

Not applicable.

Guarantor

prof. Ing. Jana Korytárová, Ph.D.

Department

Institute of Structural Economics and Management (EKR)

Learning outcomes of the course unit

Creation of feasibility study to extend of risk management. Elaboration of firm investment programme.

Prerequisites

Feasibility study, knowledge of economic efficiency investment ratio (net present value, internal rate of return, pay back period), profit, sensitivity and probalility analysis.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Not applicable.

Assesment methods and criteria linked to learning outcomes

Not applicable.

Course curriculum

1.–2. Life cycle of construction project, Feasibility study – importance and main chapters.
3.–4. Methods for evaluation of the project economic efficiency and financial feasibility, determination of discout rate
5.–6. Investment project risk evaluation.
7.–8. Determining the economic efficiency of the development project.
9.–10. Firm investment programme and financial plan.
11.–13. Optimalization of firm investment programme.

Work placements

Not applicable.

Aims

Goal of this subject is to extend of knowledge of processing of technical economic studies about risk management and elaboration of firm investment programme.

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

Extent and forms are specified by guarantor’s regulation updated for every academic year.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Not applicable.

Recommended reading

Not applicable.

Classification of course in study plans

  • Programme NPC-SIE Master's 1 year of study, summer semester, compulsory-optional

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

prof. Ing. Jana Korytárová, Ph.D.

Syllabus

1.–2. Life cycle of construction project, Feasibility study – importance and main chapters. 3.–4. Methods for evaluation of the project economic efficiency and financial feasibility, determination of discout rate 5.–6. Investment project risk evaluation. 7.–8. Determining the economic efficiency of the development project. 9.–10. Firm investment programme and financial plan. 11.–13. Optimalization of firm investment programme.

Exercise

13 hod., compulsory

Teacher / Lecturer

prof. Ing. Jana Korytárová, Ph.D.

Syllabus

1.–2. Basic terms, approaches, relationships and calculations in the area of economy of investment (business plan, feasibility study, present value and evaluation of economic efficiency, inflation, risk, etc.). 3. Project of administrative building implementation and operation. 4. Project of administrative building implementation and operation. 5. Firm costs of capital, discount rate assessment, evaluation of own investment to the project. 6. Risk of investment project, assessment of significant risk factors. 7. Break-even point and operating leverage, break-even point in terms of net present value. 8. Sensitivity analysis of project indicators to change the input variables. 9. Consideration of risk in calculating indicators of economic efficiency – probability trees. 10. Optimalization of firm investment programme. 11. Respecting the flexibility of investment projects – real options. 12. Credit test. 13. Credit.