Course detail

International Capital Markets

FP-IBicmPAcad. year: 2023/2024

Cílem předmětu je prohloubit dosavadní znalosti v oblasti vstupu podniku na mezinárodní kapitálové trhy. Absolvováním předmětu posluchači získají potřebné znalosti pro rozhodování o vstupu podniku na lokální i mezinárodní kapitálové trhy, a to jak z pohledu investora, tak i z pohledu emitenta cenných papírů.
1. Definition of international capital markets, participants, their objectives and instruments
2. Legislation and institutional framework of international capital markets.
3. Investments on international capital markets. Investment strategies. Portfolio performance on international capital markets.
4. Trading in stocks and bonds on international capital markets.
5. Securities issuance on the international capital markets.
6. Initial Public Offering (IPO) - the motivation, emission methods, participants. The process of IPO implementation. The Costs and Benefits of IPO . Initial Return.
7. Empirical research - enterprise and capital market (case studies).

Language of instruction

English

Number of ECTS credits

5

Mode of study

Not applicable.

Guarantor

prof. Ing. Tomáš Meluzín, Ph.D.

Department

Institute of Economics (ÚE)

Entry knowledge

Not applicable.

Rules for evaluation and completion of the course

Not applicable.

Aims

Cílem předmětu je prohloubit dosavadní znalosti v oblasti vstupu podniku na mezinárodní kapitálové trhy. Absolvováním předmětu posluchači získají potřebné znalosti pro rozhodování o vstupu podniku na lokální i mezinárodní kapitálové trhy, a to jak z pohledu investora, tak i z pohledu emitenta cenných papírů.
1. Definition of international capital markets, participants, their objectives and instruments
2. Legislation and institutional framework of international capital markets.
3. Investments on international capital markets. Investment strategies. Portfolio performance on international capital markets.
4. Trading in stocks and bonds on international capital markets.
5. Securities issuance on the international capital markets.
6. Initial Public Offering (IPO) - the motivation, emission methods, participants. The process of IPO implementation. The Costs and Benefits of IPO . Initial Return.
7. Empirical research - enterprise and capital market (case studies).

Study aids

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

CALLY, J. International Capital Markets: Law And Institutions. Oxford: Oxford University Press, 2014. ISBN 978-01-9967-112-0.
DASTIDAR, S. G. Capital Markets and Investments: Essential Insights and Concepts for Professionals. USA: Reading Light Publication, 2017. ISBN 978-09-9881-450-6.
MELUZÍN, T., ZINECKER, M., ŠKAPA, S. IPO Strategy - Specific Approaches in the CEE Region. Brno: VUTIUM, 2015. ISBN 978-80-214-5113-1.

Recommended reading

ESPINASSE, P. IPO – A Global Guide. Hong Kong: Hong Kong University Press, 2014. ISBN 978-988-8083-19-0.
MELUZÍN, T., ZINECKER, M., ŁAPIŃSKA, J. Initial public offering: theory and practice of Czech and Polish companies. Toruń: Polish Economic Society, Branch in Toruń, 2012. ISBN 978-83-62049-15-8.

Classification of course in study plans

  • Programme MGR-IBM Master's 2 year of study, winter semester, compulsory

Type of course unit

 

Lecture

13 hod., optionally

Teacher / Lecturer

Alexander Bramerdorfer

Exercise

13 hod., compulsory

Teacher / Lecturer

prof. Ing. Tomáš Meluzín, Ph.D.