Course detail

Financial Management of the Corporate

FP-RfmDAcad. year: 2022/2023

The course connects latest theoretical research in corporate finance with company value. Students will become familiar with up-to-date scientific results and discuss their impacts on development of companies. They will acquire relevant skills to successfully lead financials of companies in global economic setting.

Language of instruction

Czech

Mode of study

Not applicable.

Learning outcomes of the course unit

After completion of the course, student is able:
- to define company tasks and goals;
- to decide on suitability of financing forms;
- to apply company valuation methods;
- to apply the methods of investment assessment;;
- to know short-term liquidity management models.

Prerequisites

The course develop previously acquired knowledge of economic theory and business economics.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Self-study, discussion, presentation.

Assesment methods and criteria linked to learning outcomes

The classification included defence essay (50 points) and discussion of theoretical foundation of the problem (50 points). Topics will be assigned individually according to student's research orientation. 65 points needed to complete the modul.

Course curriculum

Definition of company financial goals and their measuring.
Performance measurement and assessment.
Strategic company valuation and value drivers’ identification
Models of cost of capitals. Capital structure decision making.
Mergers and acquisition efficiency
Solvency management and bankruptcy prediction.

Work placements

Not applicable.

Aims

The aim of the course is to deepen students' theoretical background in corporate finance and develop their analytical abilities in this important area. In particular, they will be able to identify and understand trends and their future impact on a development of companies.

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

Attendance at seminarss is recommended.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

BRIGHAM, E.F - EHRHARDT. M.C. Financial management: Theory and Practice. 12th Edition.South-Western, 2008. ISBN 978-0-324-42269-6
DAMODARAN, A. Applied corporate finance: a user´s manual. 2nd ed. Hoboken: John Wiley & Sons, c2006. 658 s. ISBN 0-471-66093-0.
DAMODARAN, A. Damodaran on valuation: security analysis for investment and corporate finance. 2nd ed. Hoboken: John Wiley & Sons, c2006. 685 s. ISBN 0-471-75121-9.
KISLINGEROVÁ, E. a kol. Manažerské finance. 2. přeprac. a rozš. vyd. Praha: C. H. Beck, 2007. 745 s. ISBN 978-80-7179-903-0.
MAŘÍK, M. a kol. Metoda oceňování podniku: proces ocenění, základní metody a postupy. Vyd. 3. Praha: Ekopress, 2011. 494 s. ISBN 978-80-86929-67-5.
MAŘÍK, M. a kol. Metody oceňování podniku pro pokročilé. Hlubší pohled na vybrané problémy. Praha: Ekopress. 2011. 548 s. ISBN 978-80-86929-80-4.
MAŘÍK, M., MAŘÍKOVÁ P. Moderní metody hodnocení výkonnosti a oceňování podniku: ekonomická přidaná hodnota, tržní přidaná hodnota, CF ROI. Přeprac. a rozš. vyd. Praha: Ekopress, 2005. 164 s. ISBN 80-86119-61-0.
MAŘÍKOVÁ, P., MAŘÍK, M. Diskontní míra pro výnosové oceňování podniku. Praha: VŠE Praha, Nakladatelství Oeconomica. 2007. 242 s. ISBN 978-80-245-1242-6.
McKINSEY & COMPANY, KOLLER, T., GOEDHART, M., WESSELS, D. (2005) Measuring and Managing th Value of Companies. 4th Editon (University Edition). New Jersey: Wiley. 742 p. ISBN 978-0-471-70221-4.
REŽŇÁKOVÁ, M. a kol. Řízení platební schopnosti podniku. Praha: Grada, 2010. 190 s. ISBN 978-80-247-3441-5.
REŽŇÁKOVÁ, M. Efektivní financování rozvoje podnikání. Praha: Grada, 2012, 142 s. ISBN 978-80-247-1835-4

Recommended reading

Not applicable.

Classification of course in study plans

  • Programme DSP Doctoral

    branch DSP-ŘEP , 2 year of study, summer semester, compulsory-optional
    branch DSP-ŘEP , 2 year of study, winter semester, compulsory-optional

  • Programme DSP-KS Doctoral

    branch DSP-ŘEP-KS , 2 year of study, summer semester, compulsory-optional
    branch DSP-ŘEP-KS , 2 year of study, winter semester, compulsory-optional

Type of course unit

 

Seminar

20 hod., optionally

Teacher / Lecturer

Syllabus

Definition of company financial goals and their measuring.
Performance measurement and assessment.
Strategic company valuation and value drivers’ identification
Models of cost of capitals. Capital structure decision making.
Mergers and acquisition efficiency
Solvency management and bankruptcy prediction.