N_IFS_2 International Financial Services 2

University of Finance and Administration
Summer 2014
Extent and Intensity
0/2. 3 credit(s). Type of Completion: z (credit).
Teacher(s)
doc. JUDr. Ing. Otakar Schlossberger, Ph.D. (lecturer)
Ing. Roman Mentlík, Ph.D. (seminar tutor)
doc. Ing. Vladislav Pavlát, CSc. (seminar tutor)
Ing. Ivana Šímová (seminar tutor)
Guaranteed by
doc. Ing. Vladislav Pavlát, CSc.
Department of Finance – Departments – University of Finance and Administration
Contact Person: Lenka Pokorná
Timetable of Seminar Groups
N_IFS_2/cF1PH: Wed 15:45–16:29 S14, Wed 16:30–17:15 S14, R. Mentlík
N_IFS_2/cF2PH: Wed 15:45–16:29 S13, Wed 16:30–17:15 S13, I. Šímová
N_IFS_2/vF1PH: Sat 15. 3. 9:45–11:15 S24, 11:30–13:00 S24, Fri 11. 4. 15:30–17:00 S24, R. Mentlík
N_IFS_2/vF2PH: Fri 11. 4. 12:00–13:30 S24, Fri 25. 4. 13:45–15:15 S24, 15:30–17:00 S24, R. Mentlík
N_IFS_2/vPPH: Fri 14. 2. 13:45–15:15 S13, 15:30–17:00 S13, Sat 15. 3. 14:00–15:30 S13, R. Mentlík
Prerequisites
No prerequisites for this course are required.
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
At the end of the course students should be able to understand and explain functions of current global FX and money markets, to explain mechanism of exchange rate and interest rate determination and to introduce way of spot and term instruments pricing and using. Except this the purpose of the course is also to strengthen a knowledge of English language in both a vocabulary and an ability of its practical use in explanation of specific problem.
Syllabus
  • 1. Wrap up of the winter course. Key products of the financial system for non-financial customers 2. Deep dive into Foreign exchange market and Money Market. Spot, Forward, Futures, Options. Deposits, corporate desk 3. Methods of the international settlement through banks I. Nostro, vostro accounts. SWIFT. 4. Methods of international settlement through banks II. Value dating. Back office – tasks, activities. 5. Transport documents used in international trade I. The meaning of open account payment term. Specimen bill of lading. 6. Transport documents used in international trade II. The function of a bill of lading. The different types of bill of lading. 7. Incoterms. The purpose of Incoterms. The 14 Incoterms. 8. Short-term finance for exports. The definition. An overview of the short-term facilities available for Exporters. 9. Medium and Long-term finance for exports. Introduction. The type of products – forfaiting, leasing. 10. Documentary credits for imports. The risk, which a bank runs when it issues a documentary credit. How to reduce and issuing risk 11. Actual development on the financial market. Euro countries. CZK market. 12. Summing up the semester
Literature
    required literature
  • Eiteman, D. K., Stonehill, A. I., Moffett, M. H.: Multinational Business Finance, Prentice Hall, 2010.
    recommended literature
  • Witzany, J.: International Financial Markets. Praha: Oeconomica, 2010.
  • Fialová, H., Fiala, J.: The Concise Dictionary of Economic Terms. Praha: A plus, 2008.
Teaching methods
Teaching takes the form / lectures / seminars / workshops / full-time study / group consultations are managed in the form of combined 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).
Assessment methods
final test in written form, attendance
Language of instruction
English
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
The course is taught annually.
General note: Bb0.
Information on the extent and intensity of the course: 6 hodin KS/semestr.
The course is also listed under the following terms summer 2012, Summer 2013, Summer 2015, Summer 2016, Summer 2017, Summer 2018, Summer 2019, Summer 2020, Summer 2021, Summer 2022, Summer 2023, Summer 2024, Summer 2025.
  • Enrolment Statistics (Summer 2014, recent)
  • Permalink: https://is.vsfs.cz/course/vsfs/summer2014/N_IFS_2