Title:

Rudiments of Funding

Code:IZFI (FP ZF)
Ac.Year:2018/2019
Sem:Summer
Curriculums:
ProgrammeField/
Specialization
YearDuty
BIT-2ndElective
IT-BC-3BIT-Elective
IT-BC-3BIT2ndElective
Language of Instruction:Czech
Credits:4
Completion:credit+exam
Type of
instruction:
Hour/semLecturesSeminar
Exercises
Laboratory
Exercises
Computer
Exercises
Other
Hours:2613000
 ExamsTestsExercisesLaboratoriesOther
Points:1000000
Guarantor:Režňáková Mária, prof. Ing., CSc. (IF)
Lecturer:Lajtkepová Eva, doc. Ing., Ph.D. (IF)
Režňáková Mária, prof. Ing., CSc. (IF)
Instructor:Estélyiová Kristína, Ing. (FBM)
Faculty:Faculty of Business and Management BUT
Department:Institute of Management FBM BUT
Prerequisites: 
Corporate Economy (IZEP), IM
Double-Entry Accounting Principles (IUCE), II
 
Learning objectives:
  The objective of the course is to make students familiar with financial market area. From this view:
- to define financial market position, importance and function in the economic system;
- to characterize money market institutions (central bank, commercial banks) and services provided;
- to introduce the meaning of capital market and to present its tools (securities) and institutions;
- to characterize insurance market, its participants, tools;
- to define public finance functions and tools.
Description:
  Financial market structure, institutions and tools. Money market - banking, banking products. The capital market - basic rules of financial investments, investment tools (types of securities and ways of capital market analysis), capital market institutions. Stock exchance. Insurance. Public finance (public revenues and expenditures, state budget, public debt).
Knowledge and skills required for the course:
  Not required.
Learning outcomes and competencies:
  After completion of the course, student is able:
- to define financial market position, importance and function in the economic system;
- to utilize services provided by commercial banks;
- to describe the importance of capital market, its tools (securities) and institutions from the view of financing and investment;
- to characterize insurance market, its participants, tools;
- to define public finance functions and tools.
Syllabus of lectures:
 
  1. Introduction.
  2. Economic system and the financial market.
  3. Banking system.
  4. Banking products.
  5. Capital market. Prague Stock Exchange.
  6. Stocks, bonds, financial derivates.
  7. Investment in the financial market. Theory of portfolio.
  8. Subjects of collective investment.
  9. Insurance.
  10. Leasing, factoring, forfaiting.
  11. Public finance I (public choice, public revenues and expenditures).
  12. Public finance II (public budgets, public debt).
  13. Summary. Discussion.
The course contains lectures that explain principles, decisions problems and methodology of the discipline, and exercises that promote the practical knowledge of the subject presented in the lectures.
Syllabus of numerical exercises:
 
  1. Content of the Subject. Requirements. Basics of Financial Mathematics (interest).
  2. Basics of Financial Mathematics (saving, annuity).
  3. Loans. Building society accounts.
  4. Methods of stock's intrinsic value determination. Bonds valuation - duration, convexity, risk, return, yields.
  5. Seminar work presentation.
  6. Test.
Study literature:
 
  • MISHKIN, FREDERIC, S. The economics of money, banking, and financial markets, 8th ed. Boston: Pearson/addison Wsley, 2007. 0-321-28726-6. (EN)
  • ČERNOHORSKÝ, J., TEPLÝ, P. Základy financí. Praha: Grada, 2011 (CS)
  • MUSÍLEK, P. Trhy cenných papíru. Praha: Ekopress, 2011. 520 s. ISBN 978-80-86929-70-5. (CS)
  • KAŠPAROVSKÁ, V. Banky a komerční obchody. Kravaře: Marreal servis, 2010 (CS)
  • NÝVLTOVÁ, R. REŽNÁKOVÁ, M. Mezinárodní kapitálové trhy: zdroj financování. Praha: Grada, 2007. 222 s. ISBN 978-80-247-1922-1. (CS)
  • POLOUČEK, S. a kol. Bankovnictví. Praha: C. H. Beck, 2006 (CS)
  • RADOVÁ, J., DVOŘÁK, P., MÁLEK, J. Finanční matematika pro každého. Praha: Grada, 2005 (CS)
  • REJNUŠ, O. Finanční trhy. 4. roz. vyd. Praha: Grada Publishing, 2014. ISBN 978-80-247-3671- 6. (CS)
  • POLOUČEK, S. Peníze, banky, financní trhy. Vyd. 1. Praha : C.H. Beck, 2009. 414 s. ISBN 978-807-4001-529. (CS)
  • Režnáková, M. Finance. Financní systém. 1. díl. Brno: CERM, 2005 (CS)
  • Režnáková, M. Finance. Financní systém. 2. díl. Brno: CERM, 2005 (CS)
Controlled instruction:
  WAY OF EXAMINATIONS: The written exam is oriented to verify theoretical and practical knowledge. The questions are formulated in the form of open and closed questions. The test is required 50% success rate.

RULES OF THE CLASSIFICATION: according to rules of study Examination of Brno University of Technology.
Progress assessment:
  Attendance at lectures is not compulsory, but is recommended. Attendance at seminars is required and checked by the tutor. Lessons are composed on the basis of weekly schedules. Way of substituting missed lessons is fully in competence of a teacher.
Exam prerequisites:
  CREDIT REQUIREMENTS: At least 50 % successful passing of test. Students have the possibility to use one regular and one resit test. Presentation of the essay. Voluntary homework. Participation in seminars (one absence during the semester is tolerated).
 

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