VSFS:N_AVFT Current Financial Markets' Dev - Course Information
N_AVFT Current Financial Markets' Developments
University of Finance and AdministrationSummer 2017
- Extent and Intensity
- 2/0. 3 credit(s). Type of Completion: z (credit).
- Teacher(s)
- doc. RNDr. Petr Budinský, CSc. (seminar tutor)
Ing. Arnošt Klesla, Ph.D. (seminar tutor) - Guaranteed by
- doc. RNDr. Petr Budinský, CSc.
Department of Finance – Departments – University of Finance and Administration
Contact Person: Lenka Pokorná - Timetable of Seminar Groups
- N_AVFT/pMRPH: Tue 12:15–12:59 S14, Tue 13:00–13:45 S14, P. Budinský, A. Klesla
N_AVFT/pRPH: Tue 10:30–11:14 S14, Tue 11:15–12:00 S14, P. Budinský, A. Klesla
N_AVFT/uMRPH: Tue 28. 2. 17:30–19:00 S23, Tue 4. 4. 14:00–15:30 E228, 15:45–17:15 E228, P. Budinský
N_AVFT/vMRPH: Sat 25. 2. 8:00–9:30 S23, 9:45–11:15 S23, Fri 24. 3. 15:45–17:15 S23, P. Budinský
N_AVFT/vRMO: Sat 25. 3. 9:45–11:15 M15, 11:30–13:00 M15, Sat 8. 4. 11:30–13:00 M15, A. Klesla
N_AVFT/vRPH: Fri 17. 2. 17:30–19:00 S24, Sat 4. 3. 9:45–11:15 S24, 11:30–13:00 S24, P. Budinský - Prerequisites
- 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: 6 hodin KS/semestr.
- Enrolment Statistics (Summer 2017, recent)
- Permalink: https://is.vsfs.cz/course/vsfs/summer2017/N_AVFT