B_FZ Financial intermediation

University of Finance and Administration
Summer 2021
Extent and Intensity
2/2/0. 6 credit(s). Type of Completion: zk (examination).
Guaranteed by
Ing. Zuzana Chlumská, Ph.D.
Department of Finance – Departments – University of Finance and Administration
Contact Person: Lenka Pokorná
Supplier department: Department of Finance – Departments – University of Finance and Administration
Prerequisites (in Czech)
B_KBa Commercial Banking
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
The course deals with the issue of financial services and financial intermediation. The aim of the course is to explain the position and activities of sellers of financial instruments and products, the conditions of their existence and activities in the Czech Republic, the EU and in third countries. It contains both an explanation of the intermediation of insurance, credit or deposit market products, but also the market with investment instruments. Attention will be paid to the very position of financial intermediaries.
Learning outcomes
After completing the course, the student will be able to:- to orientate in the field of intermediary services and products on the financial markets,- be aware of proficiency tests,- apply the approach to the client in the mediation of financial products,- become familiar with the legislation of basic mediation services.
Syllabus
  • 1. Financial market, its structure and subjects, basic concepts.2. Financial services, theoretical definition of supply and demand, consumer protection.3. Legal framework of financial intermediation - EU, Czech Republic, third countries.4. The Czech National Bank as a financial market supervisory authority.5. Insurance intermediaries.6. Distribution of supplementary pension savings products.7. Consumer credit intermediaries.8. Investment intermediaries and advisers.9. Securities dealers10. Information asymmetry, principles of portfolio diversification.11. Relationship with some provisions of the Civil Code.12. Possibilities of further development of financial intermediation in the conditions of the financial market of the Czech Republic, professional discussion.
Literature
  • BUDÍK, Josef. Finanční investování. 1. vydání. Praha: Vysoká škola finanční a správní, o.p.s., 2011. 196 s. Edice EUPRES. ISBN 978-80-7408-047-0.
  • VOSTATEK, Jaroslav. Penzijní teorie a politika. 1. Vydání. Praha: C. H. Beck, 2016. Beckova edice ekonomie. ISBN 978-80-7400-571-8.
  • KARFÍKOVÁ, Marie, Vladimír PŘIKRYL a Roman VYBÍRAL. Pojišťovací právo. Praha: Leges, 2018. Student. ISBN 978-80-7502-271-4.
  • HRADEC, M. a Žaneta BOUČKOVÁ. Aktuální legislativní změny v oboru pojištění a pojišťovnictví. Praha, VŠFS, a. s., 2020. ISBN 978-80-7408-176-7
  • REJNUŠ, Oldřich. Finanční trhy. Grada, 2014. 768 s. ISBN 978-80-247-3671-6.
  • Zákon č. 170/2018 Sb., o distribuci pojištění a zajištění
  • ČERVENKA, Miroslav, Dagmar IRCINGOVÁ a Miroslav ŠKVÁRA. Spotřebitelské úvěry. 2017. Praha: Miroslav Škvára. ISBN 978-80-904823-4-0.
Teaching methods
Lectures, exercises.
Assessment methods
Prerequisite for taking the exam is obtaining credit according to the requirements of the instructor (presentation on a selected topic, elaboration of individual work on a given topic, elaboration of a credit test).Exam: test or oral exam from a range of selected questions.
Language of instruction
Czech
Further comments (probably available only in Czech)
Information on completion of the course: ISP
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 2022, Summer 2023, Summer 2024, Summer 2025.
  • Enrolment Statistics (Summer 2021, recent)
  • Permalink: https://is.vsfs.cz/course/vsfs/summer2021/B_FZ