N_AVFT Current Financial Markets' Developments

University of Finance and Administration
Summer 2024
Extent and Intensity
2/0/0. 3 credit(s). Type of Completion: z (credit).
Guaranteed by
doc. RNDr. Petr Budinský, CSc.
Department of Finance – Departments – University of Finance and Administration
Contact Person: Dita Egertová
Prerequisites
! SMER ( PF )
There are no prerequisites for this course.
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
Course Objective: To provide students with a general orientation in   issues of multiple types of financial investments (bonds, equities, commodities, derivatives, currencies)   with an emphasis on practical application in   the current market environment. At the end of the course the student will be able to explain the procedure for issuance of bonds and shares, describe developments in the markets needed info with     bonds in the U.S., the Eurozone and the Czech Republic, to describe the role of rating agencies and explain the importance of rating. Students will be able to point to examples of developments in global equity markets, characterize major commodities and their price developments - such as oil, gold and wheat, to explain the nature of forward contracts and options and show their use in hedging against risk, relationship with the evolution of the exchange rate and interest rates. The course is designed to provide students with a basic knowledge of   functioning of financial markets, including practical examples and applications. The acquired knowledge will enable students to understand the characteristics of the main financial instruments and trading with them  .
Syllabus
  • 1. Global economy, major proportions and trends
  • 2. Financial market segments FT, primary and secondary markets, the issue of shares and bonds
  • 3. Obligations, the bond market, interest rates and bond yields, credit rating and its impact on the price of the bonds
  • 4. Current developments in the bond markets - US, Eurozone, CR
  • 5. The Monetary market, foreign exchange markets, the development of selected exchange rates - CZK / USD, CZK / EUR, USD / EUR exchange rate and interest rate
  • 6. Current developments in the currency market FOREX
  • 7. stock market, nominal, book and market value of the shares
  • 8.Relevant price trend on the stock markets
  • 9. Commodities Forward contracts and their practical use, major commodities (oil, gold, wheat) and their price trend
  • 10. Actual list price developments in commodity markets
  • 11. Compounds, derivatives trading, derivatives gambling, CDS, CDO and financial crisis
  • 12. Swaps and options, and their practical use
Literature
    required literature
  • JÍLEK, Josef. Finanční trhy a investování: funkce, členění, analytické metody, teorie portfolia a kolektivní investování. 1. vyd. Praha: Grada, 2009, 648 s. ISBN 978-80-247-1653-4.
  • FRAIT, Jan. Aktuální vývoj na finančních trzích a rizika pro finanční stabilitu v ČR. In: [online]. Praha, 2012 [cit. 2013-04-29]. Dostupné z: http://www.cnb.cz/cs/financni_stabilita/
    recommended literature
  • KRABEC, Jaroslav. Finanční trhy: funkce, členění, analytické metody, teorie portfolia a kolektivní investování. 2., upr. a rozšíř. vyd. Praha: Bankovní institut vysoká škola, 2004, 147 s. ISBN 80-726-5061-0.
    not specified
  • http://www.cnb.cz/cs/financni_stabilita/
Teaching methods
Teaching takes the form / lectures / seminars / workshops / full-time study / group consultations and managed in the form of study. Minimum mandatory attendance at seminars / workshops in full-time studies is 75%, the controlled group consultations in combined form 50%. Students who fail to meet the mandatory level of participation may be given during the semester additional study obligations (to the extent that will demonstrate academic achievement and acquired competencies necessary for successful completion of course). Instruction with practical applications and models online obtaining market information from the Internet.
Assessment methods
Provision of credit is sufficient participation in the course and passing the final test. Questions are in closed form   s ~ possible answers a), b), c), d) - just one answer is correct.
Language of instruction
Czech
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Information on the extent and intensity of the course: 12 hodin KS/semestr.
The course is also listed under the following terms Summer 2013, Summer 2014, Summer 2015, Summer 2016, Summer 2017, Summer 2018, Summer 2019, Summer 2020, Summer 2021, Summer 2022, Summer 2023, Summer 2025.
  • Enrolment Statistics (Summer 2024, recent)
  • Permalink: https://is.vsfs.cz/course/vsfs/summer2024/N_AVFT