Course detail
Investments
FAST-NVB044Acad. year: 2023/2024
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
Department
Institute of Structural Economics and Management (EKR)
Entry knowledge
Feasibility study, knowledge of economic efficiency investment ratio (net present value, internal rate of return, pay back period), profit, sensitivity and probalility analysis.
Rules for evaluation and completion of the course
Extent and forms are specified by guarantor’s regulation updated for every academic year.
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.
Creation of feasibility study to extend of risk management. Elaboration of firm investment programme.
Creation of feasibility study to extend of risk management. Elaboration of firm investment programme.
Study aids
Not applicable.
Prerequisites and corequisites
Not applicable.
Basic literature
Not applicable.
Recommended reading
Not applicable.
Type of course unit
Lecture
26 hod., optionally
Teacher / Lecturer
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
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.