Course detail

Financial management and Investment

ÚSI-1SBFRAcad. year: 2011/2012

Financial goals and financial management principles. Financial management and investment.

Language of instruction


Number of ECTS credits


Mode of study

Not applicable.

Learning outcomes of the course unit

After completion of the course, student is able:
- to define company tasks and goals;
- to decide on suitability business financing;
- to apply company valuation methods;
- to characterize content of firms financial plan and methods of its creating;
- to quantify optimal level of net working capital;
- to understand risks of investment decision making and to know ways how to consider and minimize them.


Successful completion of the course is conditional on the knowledge of accounting and business economics.


Not applicable.

Planned learning activities and teaching methods

Teaching methods depend on the type of course unit as specified in the article 7 of BUT Rules for Studies and Examinations.

Assesment methods and criteria linked to learning outcomes

The exam has written part, eventually oral part and is orientated to verify theoretical knowledge and its’ practical application. For the final classification is credit classification directive.

Course curriculum

1. Financial analysis of company - analysis of trends, structure, ratio analysis.
2. Financial analysis of company - analysis of trends, structure, ratio analysis.
3. Financial analysis of company - general indicators of company productivity estimation.
4. Content and form of financial plan. Methods of financial planning.
5. Scheduled balance, plan of costs and income, plan of cash flow.
6. Planning the investing activity - importance of investment activity, phases of preparation.
7. Method of estimation of investment projects economical efficiency.
8. Plan of cash flows in investment project.
9. Choosing the discount rate, analysis of sensitivity.
10. Planning the gross working capital.
11. Financing the company development. Own sources of financing (external and internal).
12. Financing of company development. External sources of financing (loans, debenture stocks, leasing).
13. Costs of individual types of capital.

Work placements

Not applicable.


The aim of the subject is to make students familiar with company financial management problems with stress on effective fund raising and capital investing.

Specification of controlled education, way of implementation and compensation for absences

Attendance at lectures is not compulsory, but is recommended. Attendance at seminars is 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.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

REŽŇÁKOVÁ, M. Finanční management. 1. díl. 3. vyd. Brno: CERM, 2005, 125s. ISBN 80-214-3035-7 (CS)
REŽŇÁKOVÁ, M. Finanční management. 2. díl. 3. vyd. Brno: VUT v Brně, 2005, 120s. ISBN 80-214-3036-2 (CS)

Recommended reading

REŽŇÁKOVÁ,M. a kol. Řízení platební schopnosti podniku. Praha: Grada, 2010. 200 s. ISBN 978-80-247-3441-5 (CS)
KISLINGEROVÁ, E. a HNILICA. J. Finanční analýza. 1. vyd. Praha: C. H. Beck, 2005. 137 s. (CS)
MAREK, P. a kol Studijní průvodce financemi podniku. 1. vydání Praha: EKOPRESS, 2006. 559 s. ISBN 80-86119-37-8. (CS)
VALACH, J. Investiční rozhodování a dlouhodobé financování. 2. vyd. Praha: EKOPRESS, 2005. 465 s. ISBN 80-86929-01-9 (CS)

Classification of course in study plans

  • Programme MSoI Master's

    branch EID , 1. year of study, summer semester, compulsory
    branch REI , 1. year of study, summer semester, compulsory

Type of course unit



26 hours, optionally

Teacher / Lecturer


1-3 Financial analysis
4-5 Financial planning
6-9 Capital budgeting a investment decision making
10 Net working capital planning
11-13 Found rising


26 hours, compulsory

Teacher / Lecturer