Course detail

Financial Management

FAST-DVB070Acad. year: 2022/2023

The course will focus on the presentation of current theoretical trends in corporate finance and its feasibility in practice. The main themes included in the subject teaching will be based on the theory of value management in business finance, i.e. in particular the presentation of approaches to determining the value of an enterprise, the study of mergers and acquisitions, optimisation of capital structure of a company, determination of capital costs, business performance factors and the enterprise's payment risk.

Language of instruction

Czech

Number of ECTS credits

8

Mode of study

Not applicable.

Department

Institute of Structural Economics and Management (EKR)

Learning outcomes of the course unit

Not applicable.

Prerequisites

Knowledge of business finance at Masters level.

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. Approaches to defining financial goals of enterprises from different aspects, including behavioral
2.-3. Measuring and evaluating business performance
4-6. Identify value of businesses and identify value drivers
7.-9. Capital structure of enterprises and their stability, determination of capital costs
10.-11. Efficiency of mergers and acquisitions and their measurement
12.-13. Business Stability Management and Bankruptcy Prediction.

Work placements

Not applicable.

Aims

Not applicable.

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

BRIGHAM, E. F. & M. C. EHRHARDT. Financial Management. Theory and practice. 13. ed. USA: South-Western Cengage Learning, 2011. ISBN 978-1-4390-7810-5. (EN)
DAMODARAN, A. Investment valuation: tools and techniques for determining the value of any asset. 3rd Edition. Hoboken, N. J.: Wiley, 2012. 974 s. ISBN 9781118011522. (EN)

Recommended reading

MAŘÍK, M. a kol. Metody oceňování podniku: Proces ocenění, základní metody a postupy. 4. vyd. Praha: Ekopress, 2018. 551 s. ISBN 978-80-87865-38-5. (CS)
REŽŇÁKOVÁ, M. a kol. Řízení platební schopnosti podniku. Praha: Grada, 2010. 190 s. ISBN 978-80-247-3441-5. (CS)
REŽŇÁKOVÁ, M. Efektivní financování rozvoje podnikání. Praha: Grada, 2012, 142 s. ISBN 978-80-247-1835-4. (CS)

Classification of course in study plans

  • Programme DPC-E Doctoral 1 year of study, summer semester, compulsory-optional
  • Programme DPC-E Doctoral 1 year of study, summer semester, compulsory-optional
  • Programme DPA-E Doctoral 1 year of study, summer semester, compulsory-optional
  • Programme DKA-E Doctoral 1 year of study, summer semester, compulsory-optional

Type of course unit

 

Lecture

39 hod., optionally

Teacher / Lecturer

Syllabus

1. Corporate financial goals from a variety of perspectives, including behavioral.

2.-3. Measuring and evaluating business performance

4-6. Businesses valuation and value drivers identification

7.-9. Capital structure, costs of capital

10.-11. Mergers and acquisitions efficiency

12.-13. Debt financing, solvency management and bankruptcy prediction.