Course detail

Financial Management for Informatics

FP-RfmiPAcad. year: 2022/2023

Financial management:
- Place in business management, business content, information requirements
Evaluating the financial stability and performance of the company.
Financial planning
- Strategic investment decisions
- Strategic financial decisions (optimization of capital structure)
Operational financial management:

Language of instruction

Czech

Number of ECTS credits

3

Mode of study

Not applicable.

Learning outcomes of the course unit

For successful completion of the module, the graduate should:
1) know:
• orientate oneself on the sources of corporate financing and know methods of assessing benefit funding sources;
• know the appropriate criteria for evaluation of results (performance) of corporation and implement them in the IS business;

2) be able to do
• Identify and use relevant information from the accounting and financial markets to monitoring the financial situation of the company and creating financial plan;
• Implement methods to evaluate efficiency of investment projects in IS business;

Prerequisites

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

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:
Student have to achieve at least 50% of the possible number of points.
Exam is classified according to ECTS scale.

Course curriculum

Content of financial management
Evaluating of the financial stability and the performance of the company
Financial Planning
Strategic financial management:
- Strategic investment decisions
- Strategic financial decisions (optimisation of capital structure)
Operational financial management
- Management of solvency (Net Working Capital, Credit management, liquidity management, exchange rate risk management)

Work placements

Not applicable.

Aims

The aim of module is:
• highlight the importance of defining financial targets, and to familiarize students with different ways to define them;
• provide information about measurement methods of defined target;
• develop students' awareness of the possibility of external financing (financial market) and factors (criteria) influencing decisions about the using of financial resources;
• present the approaches used in the Capital Planning and assessing the economic efficiency of investment projects;
• highlight the potential risks in the financial and investment decisions and its minimization.

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.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

BRIGHAM, E.R., EHRHARDT, M.C. Financial Management. Tudory and Pracitice, 12. ed. Ohio: South-Western.
FOTR, J. Strategické finanční plánování. Praha: Grada, 1999. 149 s. ISBN 80-7169-694-3.
VALACH, J. Investiční rozhodování a dlouhodobé financování. 2. přeprac. vyd. Praha: Ekopress, 2005. 465 s. ISBN 80-86929-01-9.

Recommended reading

KISLINGEROVÁ, E. a kol. Manažerské finance. 2. vyd. Praha: C.H.Beck, 2010,811 s. ISBN 978-80-7400-194-9.
REŽŇÁKOVÁ, M. a kol. Řízení platební schopnosti podniku. Praha: Grada, 2010. 200 s. ISBN ISBN 978-80-247-3441-5
REŽŇÁKOVÁ, M. Efektivní financování rozvoje podnikání. Praha: Grada, 2012. ISBN 978-80-247-1835-9
KISLINGEROVÁ, E., HNILICA, J. Finanční analýza krok za krokem. Praha: C.H.Beck. 2008. 135 s. ISBN 978-80-7179-713-5

Classification of course in study plans

  • Programme MGR Master's

    branch MGR-ŘEP , 1. year of study, winter semester, compulsory

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

Syllabus

1. Company financial management. Aspects of strategic financial management. Content of financial management during different business life cycle phases. Company financial goals.
2. Financial analysis.
3. Financial planning.
4. Investment decision making. Risks of investment projects.
5. Financial strategy - capital structure optimization.
6. Company solvency management. Net working capital management
a. Credit management. Discount.
c. Cash management. Foreign exchange risk management.

Exercise

13 hours, compulsory

Teacher / Lecturer

Syllabus

1. Introduction. Financial statements. Cash flow.
2. Financial Analysis. Analysis of ROE.
3. Financial planning.
4. Partial test. Methods for investment projects assessment – their utilization and risks.
5. Cost of capital
6. NWC controll. Foreign exchange risk management.
7. Conclusion test