Course detail
Finance
FP-RfinPAcad. year: 2010/2011
Financial market structure, institutions and tools. Money market – monetary policy, banking, active and passive banking products, payment system. The capital market – basic rules for financial investments, investment tools (types of securities and ways of capital market analysis), capital market institutions. Public finance and insurance.
Language of instruction
Number of ECTS credits
Mode of study
Guarantor
Department
Learning outcomes of the course unit
- to define financial market position, importance and function in the economic system;
- to characterize status, function and tools of central bank;
- to utilize services provided by commercial banks and to understand basic principles of commercial banks’ management;
- 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.
Prerequisites
Co-requisites
Planned learning activities and teaching methods
Assesment methods and criteria linked to learning outcomes
• test – Minimum required score to pass written test is 50 %.
WAY OF EXAMINATION:
The exam has a written part only and is oriented to verify knowledge of the taught problems. The final classification is done according to Rules for Study and Examination of Brno University of Technology.
Course curriculum
2. Money policy of central bank. International Financial Institutions. European Monetary Union.
3. Commercial bank and its role. Bank deals. Rules of cautious behavior. Bank risk.
4. Bank accounts. Types of credits, credit system, credit score. Collateral. Interest and repayment of loans.
5. Domestic and foreign payment system, payment transactions (cheques, payment cards, documentary collection, documentary credit).
6. Bills of exchange and their flow.
7. Leasing. Factoring. Forfaiting.
8. Venture capital. Support of the enterprise.
9. Capital markets’ principle and functions. Basic types of securities.
10. Financial investments. Capital market analysis.
11. Financial derivatives. Capital market institutions.
12. Insurance.
13. Public finance.
Work placements
Aims
- 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 present special forms of financing (leasing, factoring, forfaiting);
- to characterize insurance market, its participants, tools;
- to define public finance functions and tools.
Specification of controlled education, way of implementation and compensation for absences
Recommended optional programme components
Prerequisites and corequisites
Basic literature
MUSÍLEK, P. Trhy cenných papírů. Praha: Ekopress, 2002. 459 s. ISBN 80-86119-55-6. (CS)
NÝVLTOVÁ, R. REŽŇÁKOVÁ, 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. 716 s. ISBN 80-7179-462-7. (CS)
Recommended reading
Režňáková, M. Finance. Finanční systém. 2. díl. Brno: CERM, 2005 (CS)
Classification of course in study plans
Type of course unit
Lecture
Teacher / Lecturer
Syllabus
2. Money policy of central bank. International Financial Institutions. European Monetary Union.
3. Commercial bank and its role. Bank deals. Rules of cautious behavior. Bank risk.
4. Bank accounts. Types of credits, credit system, credit score. Collateral. Interest and repayment of loans.
5. Domestic and foreign payment system, payment transactions (cheques, payment cards, documentary collection, documentary credit).
6. Bills of exchange and their flow.
7. Leasing. Factoring. Forfaiting.
8. Venture capital. Support of the enterprise.
9. Capital markets’ principle and functions. Basic types of securities.
10. Financial investments. Capital market analysis.
11. Financial derivatives. Capital market institutions.
12. Insurance.
13. Public finance.
Exercise
Teacher / Lecturer
Syllabus
2. Bank system in the Czech Republic.
3. Bank products. Bank loans.
4. Payment system – documentary collection, documentary credit. Bills of Exchange Act.
5. Capital market. Types and issue of securities (shares, bonds).
6. Test.
7. Unit credits.
1. Organizace studia ve cvičeních. Zadání seminárních prací. Finanční matematika
2. Bankovní soustava.
3. Bankovní úvěry.
4. Platební styk.
5. Cenné papíry.
6. Test k zápočtu.
7. Vyhodnocení předmětu, udělení zápočtů. Opravný test.