Course detail
Business Activities Financing
FP-VfpcPAcad. year: 2016/2017
• Introduction to the course: Principles of financial decision-making. The content of corporate financial management.
• Analysis of the results of business activities (financial analysis, operations results analysis, pyramidal analysis, methods of deviations analysis)
• Planning of income and costs. Capital planning.
• Sources of funding - internal, external, private, external foreign (bank loans, leasing, bond).
• Criteria of decision making for selection of funding sources.
Language of instruction
Czech
Number of ECTS credits
5
Mode of study
Not applicable.
Guarantor
Department
Learning outcomes of the course unit
Student will be able to:
- Define individual requirements necessary for business activity,
- Assess the financial structure of the company in relation to the property structure,
- Understand methods for evaluating of the economic efficiency of investment projects
- Apply the methods of assessment of the financial situation of the company.
- Define individual requirements necessary for business activity,
- Assess the financial structure of the company in relation to the property structure,
- Understand methods for evaluating of the economic efficiency of investment projects
- Apply the methods of assessment of the financial situation of the company.
Prerequisites
Not required.
Co-requisites
Not applicable.
Planned learning activities and teaching methods
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.
Assesment methods and criteria linked to learning outcomes
CREDIT REQUIREMENTS:
Successful completion of the final test. For successful completion of the test, student have to achieve at least 50% of the possible number of points.
EXAM:
The exam is written and is oriented to verify theoretical and practical knowledge. The basis for the exam is a list of questions that students receive at the end of each thematic unit and standardized examples practiced in the consultation. 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
Successful completion of the final test. For successful completion of the test, student have to achieve at least 50% of the possible number of points.
EXAM:
The exam is written and is oriented to verify theoretical and practical knowledge. The basis for the exam is a list of questions that students receive at the end of each thematic unit and standardized examples practiced in the consultation. 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
Course curriculum
Financial goals, property and financial structure (internal and external sources of funding), cash flow business, investment decision making, financial analysis methods.
Work placements
Not applicable.
Aims
The aim of the course is to provide to students the necessary theoretical knowledge in the field of corporate finance. To define potential sources of funding for business needs, to be familiarized with methods for assessing business data, as well as planning and evaluation of investment projects.
Specification of controlled education, way of implementation and compensation for absences
The attendance at lectures is not mandatory, but it is recommended. The attendance at seminars is checked by the teacher. Compensation of absence is fully in the responsibility of the teacher.
Recommended optional programme components
Not applicable.
Prerequisites and corequisites
Not applicable.
Basic literature
DYKOVSKÁ, M. Zakladatelský rozpočet a následné zřízení firmy. 3. vyd. Brno: Miroslav Nehyba, 1999, 102 s. ISBN 80-902645-2-2. (CS)
FOTR, J. a I. SOUČEK. Investiční rozhodování a řízení projektů: jak připravovat, financovat a hodnotit projekty, řídit jejich riziko a vytvářet portfolio projektů. Praha: Grada, 2011, 408 s. ISBN 978-80-247-3293-0. (CS)
KISLINGEROVÁ, E. Manažerské finance. 3. vyd. Praha: C. H. Beck, 2010, 811 s. ISBN 978-80-7400-194-9. (CS)
REŽŇÁKOVÁ, M. Efektivní financování rozvoje podnikání. Praha: Grada, 2012, 142 s. ISBN 978-80-247-1835-4. (CS)
REŽŇÁKOVÁ, M. Řízení platební schopnosti podniku: řízení platební schopnosti… a praktických aplikací. Praha: Grada publishing, 2010, 191 s. ISBN 978-80-247-3441-5. (CS)
SYNEK, M. a E. KISLINGEROVÁ. Podniková ekonomika. 6., přeprac. a dopl. vyd. V Praze: C.H. Beck, 2015, 526 s. ISBN 978-80-7400-274-8. (CS)
SYNEK, M. Manažerská ekonomika. 5., aktualiz. a dopl. vyd. Praha: Grada, 2011, 471 s. ISBN 978-80-247-3494-1. (CS)
VALACH, J. Investiční rozhodování a dlouhodobé financování. 3., přeprac. a rozš. vyd. Praha: Ekopress, 2010, 465 s. ISBN 978-80-86929-71-2. (CS)
FOTR, J. a I. SOUČEK. Investiční rozhodování a řízení projektů: jak připravovat, financovat a hodnotit projekty, řídit jejich riziko a vytvářet portfolio projektů. Praha: Grada, 2011, 408 s. ISBN 978-80-247-3293-0. (CS)
KISLINGEROVÁ, E. Manažerské finance. 3. vyd. Praha: C. H. Beck, 2010, 811 s. ISBN 978-80-7400-194-9. (CS)
REŽŇÁKOVÁ, M. Efektivní financování rozvoje podnikání. Praha: Grada, 2012, 142 s. ISBN 978-80-247-1835-4. (CS)
REŽŇÁKOVÁ, M. Řízení platební schopnosti podniku: řízení platební schopnosti… a praktických aplikací. Praha: Grada publishing, 2010, 191 s. ISBN 978-80-247-3441-5. (CS)
SYNEK, M. a E. KISLINGEROVÁ. Podniková ekonomika. 6., přeprac. a dopl. vyd. V Praze: C.H. Beck, 2015, 526 s. ISBN 978-80-7400-274-8. (CS)
SYNEK, M. Manažerská ekonomika. 5., aktualiz. a dopl. vyd. Praha: Grada, 2011, 471 s. ISBN 978-80-247-3494-1. (CS)
VALACH, J. Investiční rozhodování a dlouhodobé financování. 3., přeprac. a rozš. vyd. Praha: Ekopress, 2010, 465 s. ISBN 978-80-86929-71-2. (CS)
Recommended reading
FOTR, J. a I. SOUČEK. Podnikatelský záměr a investiční rozhodování. 1. vyd. Praha, 2006. 356 s. ISBN 80-247-0939-2. (CS)
MAREK, P. a kol. Studijní průvodce financemi podniku. 2. vyd. Praha: Ekopress. 2009. 634 s. ISBN 978-80-86929-49-1 (CS)
REŽŇÁKOVÁ, M. Efektivní financování rozvoje podnikání. Praha: Grada, 2012, 142 s. ISBN 978-80-247-1835-4 (CS)
SÁGHY ESTÉLYI, K. a kol. Finance podniku: Sbírka příkladů. Brno, 2016. 20 s. (CS)
ZINECKER, M. Základy financí podniku. 1. vyd. Brno: Akademické nakladatelství CERM, 2008. 194 s. ISBN: 978-80-214-3704-3. (CS)
MAREK, P. a kol. Studijní průvodce financemi podniku. 2. vyd. Praha: Ekopress. 2009. 634 s. ISBN 978-80-86929-49-1 (CS)
REŽŇÁKOVÁ, M. Efektivní financování rozvoje podnikání. Praha: Grada, 2012, 142 s. ISBN 978-80-247-1835-4 (CS)
SÁGHY ESTÉLYI, K. a kol. Finance podniku: Sbírka příkladů. Brno, 2016. 20 s. (CS)
ZINECKER, M. Základy financí podniku. 1. vyd. Brno: Akademické nakladatelství CERM, 2008. 194 s. ISBN: 978-80-214-3704-3. (CS)
Classification of course in study plans
Type of course unit
Lecture
26 hod., optionally
Teacher / Lecturer
Syllabus
Topics of lectures are the following:
- Material and financial flow in the company.
- Property and financial structure of the company – term “capital” from the corporate economics point of view,necessity of corporate capital and its forms.
- Financial structure of a company – classification of the forms of corporate finance, fundamentals of external and internal financing.
- Special forms of corporate finance (factoring, forfeiting, financial leasing)
- Basic information about the corporate finance position within the corporate hierarchy and survey of corporate finance instruments.
- Corporate cash flow.
- Management of the corporate current assets.
- Fundamentals of capital planning and evaluation of the investment efficiency.
- Financial analysis
- Material and financial flow in the company.
- Property and financial structure of the company – term “capital” from the corporate economics point of view,necessity of corporate capital and its forms.
- Financial structure of a company – classification of the forms of corporate finance, fundamentals of external and internal financing.
- Special forms of corporate finance (factoring, forfeiting, financial leasing)
- Basic information about the corporate finance position within the corporate hierarchy and survey of corporate finance instruments.
- Corporate cash flow.
- Management of the corporate current assets.
- Fundamentals of capital planning and evaluation of the investment efficiency.
- Financial analysis
Exercise
13 hod., compulsory
Teacher / Lecturer
Syllabus
The seminars are focused on practising the lectured topics and elaboration of case studies (both individually and in teams).