Course detail

Corporate Economics

FP-OcePAcad. year: 2023/2024

Students will gain theoretical knowledge in the field of corporate economics in English. Lectures underline the economic aspect of the given issue and an emphasis is put on the acquirement of professional terminology in English. Students will gain knowledge in the field of business economics, skills, and competencies for managing the economic operation of a business in the current business environment.

Language of instruction


Number of ECTS credits


Mode of study

Not applicable.

Entry knowledge

Corporate Economy (in Czech)
English level B2-2

Rules for evaluation and completion of the course

Students will get a credit if they receive at least 25 points out of the 45 possible points awarded for processing assignments (max. 25 points) and credit test (min. 10 points, max. 20 points). The form of the exam is written. The maximum points from the exam are 55, the student must get at least 25 points. The final assessment is a sum of points from seminars and exam.

A 100 - 90
B 89 - 80
C 79 - 70
D 69 - 60
E 59 - 50
F 49 - 0

Attendance at lectures is not compulsory.
In the case of excused absence from seminars, the teacher can in justified cases set an additional condition, usually an alternative task.


The aim of the course is to provide students with a theoretical knowledge of business economics. It deals with the running of a company in an international environment. The emphasis is on mastering professional terminology in English.
Students will gain theoretical knowledge of business economics in English. On the basis of the acquired knowledge and skills, students will be able to apply and solve a complex task during a semester project.

Study aids

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Burns, P. Entrepreneurship and small business. Palgrave Macmillan, 2001. ISBN 0-333-91474-0

Recommended reading

David E. Financial Analysis and Decision Making. McGraw-Hill, 2003. ISBN 0-07-141559-9.
Drury, C. Management and cost accounting. Cengage Learning, 2015. ISBN 978-1-4080-9393-1.

Classification of course in study plans

  • Programme MGR-MEO Master's, 2. year of study, winter semester, compulsory-optional

Type of course unit



26 hours, optionally

Teacher / Lecturer


1. International business environment. Definition of business economics.
2. Subject and methods of corporate economics.
3. Management by objectives. Shareholders versus stakeholders value.
4. National and transnational legal forms of entrepreneurship. Corporate governance.
5. Balance sheet theory. The classic concept of the balance sheet and new approaches.
6. Production theory and cost theory.
7. Cash flow management. Direct and indirect method of preparing a cash flow statement.
8. Task, sub-components, and systems of cost accounting. Different approaches to costing. Pricing.
9. A managerial approach to costs. CVP analysis.
10. Financing an enterprise in an international environment. Financial planning as part of business planning.
11. Investment decision-making. Investment planning and investment budgeting.
12. A system of business plans and budgets.
13. Company statistics and analyzes.


13 hours, optionally

Teacher / Lecturer


The seminars are focused on practising the lectured topics and elaboration of case studies (both individually and in teams). Each seminar is related to the topic of previous lecture emphasising practical application of acquired knowledge.