Přístupnostní navigace
E-application
Search Search Close
Course detail
FAST-BVA008Acad. year: 2024/2025
Investment and national economy. Investment area (return, risk and liquidity). Time value of money. Feasibility study. Evaluation of economic efficiency and financial feasibility of structural investment projects. Procedures and methods for future development simulation of project. Economic efficiency ratios. Risk and uncertainty.
Language of instruction
Number of ECTS credits
Mode of study
Guarantor
Department
Entry knowledge
Rules for evaluation and completion of the course
Aims
Study aids
Prerequisites and corequisites
Basic literature
Recommended literature
Classification of course in study plans
specialization E , 4 year of study, winter semester, compulsory
Lecture
Teacher / Lecturer
Syllabus
1. Investment and economy growth, sorts of investment possibilities. 2. Theoretical appraisal for evaluation of economic efficiency of investment, time value of money.
3. Technical and economic study of the investment project – Feasibility study.
4. Specification of revenues and costs in various stages of the life cycle of the project.
5. Financing of construction investment projects, resources and costs.
6.–7. Creation of data for economic evaluation of investment projects, determining cash flows, methods for determining the discount rate.
8.–9. Economic analysis of investment projects – calculations of NPV, IRR, LCC and their interpretation.
10. Analysis of sources and causes of uncertainty, inflation.
11. Profitability analysis, break even point.
12.–13. Sensitivity analysis, qualitative and quantitative risk analysis.
Exercise
1. Basic ratios for evaluation of the economic efficiency of investment.
2. Returns and inflation, the internal rate of return calculation, calculation example of bonds.
3. Calculation of the real net present value.
4. Calculation of life cycle costs.
5. Analysis of uncertainties – profitability analysis.
6. Analysis of uncertainties – sensitivity and probability analysis.
7. Assignment of project – production of wooden windows.
8. Continuation of project – resources of business plan financing.
9. Continuation of project – profit and loss statement, cash flow statement.
10. Optimization of financial resources - credit, leasing, bonds.
11. Continuation of optimization of financial resources.
12. Credit test.
13. Credit.