Doctoral education provides to the graduates with Master's degree in the field of corporate finance higher level of education deepening theoretical knowledge.
The aim of doctoral study branch is to teach methods of scientific work.

Graduate of the doctoral study branch Corporate Finances gets deep theoretical knowledge of economic and financial theory. Is able to critically assess contemporary views on economic theory and corporate finance, is able to formulate a research problem, propose a hypothesis to solve it and make experimental and theoretical attempts to confirm it, argue to the point when presenting the results of their work. An integral part of the basic knowledge of Ph.D. graduate is the ability to assess critically published scientific information and the ability to express oneself in the English language writing.

Graduates can find fulfilment as academic worker at economically oriented faculties, economic and financial analyst, assistant of an expert in the field of business valuation, financial manager of international corporations.

Listed below are the minimum admission requirements:
" an appropriate Master's degree
" submission of an essay on the applicant's expected thesis topic,
" an approval by the expected supervisor,
" the passing of an entry exam,
" knowledge of the English or German language at level B1 or higher.

prof. Ing. Oldřich Rejnuš, CSc.

1. Current Trends in the Field of Collective Investments

   The dissertation thesis will focus on analyzing modern trends in collective investment with particular focus on exchange-trade funds. It will examine their attributes, investment risks and benefits for the economy, to propose the most suitable ways to apply from the economical standpoint and from the staindpoint of individual investments of natural and legal persons.

   Supervisor: Rejnuš Oldřich, prof. Ing., CSc.

2. Decision-making model for corporate financing through the issuance of securities

   The aim of the dissertation is to develop a decision-making model for the selection of a suitable type of external corporate financing through the issuance of securities. The study will cover corporate financing through the issuance of both shares and bonds.

   Supervisor: Meluzín Tomáš, prof. Ing., Ph.D.

3. Economic importance of debt securities and their use in today’s economy and business

   Dissertation will focus on the assessment of the value of debt securities in the contemporary economy and the possibility of their use in business practice.

   Supervisor: Rejnuš Oldřich, prof. Ing., CSc.

4. External Determinants and IPOs in the CEE Region

   The thesis aims to indicate the influence of external factors, consequently the law system and macroeconomic indicators on the numbers and volumes of IPOs in emerging markets in the CEE region. Some of the studies that have been undertaken were related to the U.S. and Western Europe markets. Therefore, the mostly very different IPO cultures in Eastern Europe deserve further investigation.

   Supervisor: Meluzín Tomáš, prof. Ing., Ph.D.

5. The Cost of Capital Models and their utilization in the Czech Republic

   The cost of capital is an important category in company decision making as well as for determining its value. The aim of the dissertation thesis is to examine existing models of determining the cost of capital, possibilities of their utilization in the Czech Republic and modification of these models to meet the needs of a given branch.

   Supervisor: Režňáková Mária, prof. Ing., CSc.

6. Value creation in companies of selected branch before and after the crisis period

   The aim of the dissertation thesis is to evaluate the value creation in companies based on empirical data in a selected production branch in the Czech Republic. The student shall assess suitable approaches to measurement of created value and then, based on statistical analysis, will describe the factors affecting the creation of value in a company.

   Supervisor: Režňáková Mária, prof. Ing., CSc.