NA_CFM_2 Corporate Finance Management 2

University of Finance and Administration
Winter 2017
Extent and Intensity
2/1. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Kateřina Kalinová (seminar tutor)
Guaranteed by
Ing. Kateřina Kalinová
Department of Finance – Departments – University of Finance and Administration
Contact Person: Ing. Edita Jerie, DiS.
Timetable of Seminar Groups
NA_CFM_2/cBM1PH: each even Monday 10:30–11:14 S24, each even Monday 11:15–12:00 S24, K. Kalinová
NA_CFM_2/cBM2PH: each odd Monday 10:30–11:14 S11, each odd Monday 11:15–12:00 S11, K. Kalinová
NA_CFM_2/pBMPH: Mon 8:45–9:29 S24, Mon 9:30–10:15 S24, K. Kalinová
Prerequisites
NA_CFM_1 Corporate Finance Management 1
The requirement for the completion of this course is completion of the course NA_CFM_1.
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives
At the end of the course students should be able to understand and explain the principles and techniques of finance and their various applications follows up on Corporate Financial Management 1 specifically students will be encouraged to strictly perceive and follow the universal principles, introduced and developed in the former course and practical cases will illustrate the wide-ranging contexts where finance and its instruments play a critical role in decision-making, but also facilitates the understanding of various underlying processes in the economy.
Syllabus
  • 1. Overview of CFM 1 - financial statements for managers and their analysis
  • 2. External financing - bonds and loans
  • 3. External financing - lease financing
  • 4. Internal financing - profit, stocks
  • 5. Working capital management
  • 6. Capital structure decisions, cost of capital
  • 7. Financial markets, hybrid financing, IPOs
  • 8. Portfolio risk and return, handling the risk - derivates
  • 9. Capital Budgeting
  • 10. Financial statements forecasting and risk analysis
  • 11. Corporate valuation
  • 12. Mergers and acquisitions
Literature
    required literature
  • VLACHÝ, Jan. Corporate finance: exercises. Praha: Leges, 2015. ISBN 978-80-7502-085-7.
  • BRIGHAM, Eugene F. and EHRHARDT, Michael C., 2013. Financial Management: Theory & Practice. 14 edition. Australia: South-Western College Pub. ISBN 978-1-111-97220-2.
    recommended literature
  • WELCH, Ivo. Corporate finance. 4th ed. United States: Ivo Welch, 2016. ISBN 978-0-9840049-2-8.
  • DAMODARAN, Aswath, 2014. Applied Corporate Finance. 4 edition. Hoboken, New Jersey: Wiley. ISBN 978-1-118-80893-1.
  • BREALEY Richard A., MYERS, Stewart C. and ALLEN, Franklin, 2016. Principles of Corporate Finance. 12 edition. New York, NY: McGraw-Hill Education. ISBN 978-1-259-14438-7.
  • ROBINSON, Thomas R. International financial statement analysis. 2nd ed. Hoboken, N.J.: John Wiley, c2012, xxvii, 1009 p. ISBN 04-709-1663-X.
Teaching methods
Lectures and seminars in full-time study; tutorials in part-time study; compulsory seminar participation is 75% in full-time study, compulsory tutorial participation is 50% in part-time study. Students who fail to meet the mandatory level of participation will be asked to fulfill additional study obligations to the extent that will demonstrate academic achievement and acquired competencies necessary for successful completion of course. The course is delivered in the format of 12 lectures of theoretical concepts (90 mins each) and 6 seminars of their practical application in real-life situations. The subject is delivered in part-time study by 4 tutorials (90 mins each) of theory, practical examples and theory application.
Assessment methods
To complete the course, students must obtain a credit and pass the final exam test.
Credit : Assignment- individual or group project and presentation - topic will be specified in teaching materials (40 points) Exam: Written open book test consisting of multiple choice questions, short essays and calculations (60 points). To pass at least 60% of total is required.
Language of instruction
English
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: 8 hodin KS/semestr.
The course is also listed under the following terms Winter 2011, Winter 2012, Winter 2013, Winter 2014, Winter 2015, Winter 2016, Winter 2018, Winter 2019.
  • Enrolment Statistics (Winter 2017, recent)
  • Permalink: https://is.vsfs.cz/course/vsfs/winter2017/NA_CFM_2