Course detail

Basic Elements of Financing

FP-zfPAcad. year: 2018/2019

The aim of the subject is to provide students with the basic of corporate financial management. Moreover, the aim is to introduce the students with possibilities of financing the business, assessing the current state of corporate economy and assissing the financial worthiness of the planned investment project.

Learning outcomes of the course unit

Not applicable.

Prerequisites

Not applicable.

Co-requisites

Not applicable.

Recommended optional programme components

Not applicable.

Recommended or required reading

KISLINGEROVÁ, E. a kol. Manažerské finance. 2. přeprac. a rozš. vyd. Praha: C. H. Beck, 2011. 745 s. (CS)
MAREK, P. a kol. Studijní průvodce financemi podniku. Praha: Ekopress, 2006. 624 s. ISBN 80-86119-37-8. (CS)
KORÁB, V. a REŽŇÁKOVÁ, M. a PETERKA, J. Podnikatelský plán. Brno: Computer Press, 2007. 216 s. ISBN 978-80-251-1605-0. (CS)
FOTR, J. Podnikatelský záměr a investiční rozhodování. 2. přepr. a dopl. vyd. Praha: Grada Publishing, 2005. 356 s. (CS)
SRPOVÁ, J., ŘEHOŘ, V. a kol. Základy podnikání. Teoretické poznatky, příklady a zkušenosti českých podnikatelů. Praha: Grada Publishing. 2010. (CS)
NÝVLTOVÁ, R., MARINIČ, P. Finanční řízení podniku. Moderní metody a trendy. Praha: Grada, 2010. 204 s. ISBN 978-80-247-3158-2. (CS)
BROOKS, R. M. Financial management: Core concepts. 3rd ed. Boston: Pearson, 2016. 619 p. ISBN 978-0-133-86669-8 (EN)

Planned learning activities and teaching methods

Not applicable.

Assesment methods and criteria linked to learning outcomes

The credit requirements:
a) An active participation in the classes.
b) The seminar test: The student is expected to pass a test in the end of semester, the test will be focused on examples. In case of test assesment over 17.5 point the students will pass succesfully the test (while the maximum assesment is 35 points).
In case of failure, there is a chance to take a resit.
The overall subject assesment: The assesment of the seminar is a part of the overall subject assesment. The final exam is focused on verification both the theoretical and practical knowledge of the student. The final exam is written and twith an time limit of 1 hour. There are multiple choise question - differently difficulty, examples and open-ended questions in the final test.
The maximum assesment of the final test is 65 points.
For succesfully passing the subject a minumum of 50 per cent of the final test is required.

Language of instruction

Czech

Work placements

Not applicable.

Course curriculum

1. Introduction to the subject. Company as a part of the financial system.
2. Founding budget
3. Working capital management - inventories and receivables
4. Capital budgeting - budgeting capital income and expenditures. Methods of assesing the investment projects. .
5. Financing business - internal souces of finance.
6. Financing business - short-term souces of finance.
7. Financing business - long-term souces of finance.
8. Cash flow of the company – income, expenditure, methods of assesing the cash flow statement
9. Financial goals of the company and its evaluation. The procedure of analysing financial statements.
10. Differential indicator analysis. Financial ratio analysis - part 1
11. Financial ratio analysis - part 2
12. Company profitability and capital structure analysis
13. Indicators of overall financial health of the corporate

Aims

The aim of the subject is to provide students with the basics of financial management. To do so, it is necessary to cope with the modern approaches in defining the business needs, defining the possible sources of finance, moreover to manage the current methods of evaluating the asset and financial structure of the businesss, methods of capital budgeting and investmens evaluation and above that the topic dealing with the cash flow and working capital management.

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

The maximum number of absences in the seminar is two. The way of apology for an absence is in the line with BUT regulations.

Classification of course in study plans

  • Programme BAK-PM Bachelor's, 2. year of study, summer semester, 6 credits, compulsory-optional

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

Exercise

26 hours, compulsory

Teacher / Lecturer