BA_FO Financing Organizations

University of Finance and Administration
Winter 2018
Extent and Intensity
2/1/0. 7 credit(s). Recommended Type of Completion: zk (examination). Other types of completion: z (credit).
Teacher(s)
Jaromír Stemberg, MBA (seminar tutor)
Ing. Jana Kotěšovcová, Ph.D. (alternate examiner)
Guaranteed by
Jaromír Stemberg, MBA
Department of Finance – Departments – University of Finance and Administration
Contact Person: Ing. Edita Jerie, DiS.
Timetable of Seminar Groups
BA_FO/cBMCPH: each even Wednesday 15:45–16:29 E228, each even Wednesday 16:30–17:15 E228, except Wed 14. 11., except Wed 28. 11. ; and Wed 28. 11. 17:30–19:00 E004, Thu 6. 12. 10:30–12:00 E230, J. Stemberg
BA_FO/cBMPH: each odd Wednesday 15:45–16:29 E228, each odd Wednesday 16:30–17:15 E228, except Wed 21. 11. ; and Wed 28. 11. 17:30–19:00 E004, J. Stemberg
BA_FO/pBMCUPH: Wed 14:00–14:44 E230, Wed 14:45–15:30 E230, except Wed 14. 11., except Wed 21. 11. ; and Wed 28. 11. 15:45–17:15 E004, Thu 6. 12. 12:15–13:45 E230, J. Stemberg
Prerequisites
Subject of Financing Organizations explains the nature, advantages and disadvantages, costs and risks of classic and alternative external sources of company financing. The concept of the course builds on the following courses: Introduction to Corporate Finance, Financial Accounting, Corporate Finance and Corporate Planning.
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
After completing the course, students will understand the financial relationship between the company and the various types of financial intermediaries. After completing this course, students will be able to use the knowledge and skills to offer a comparison of financial options and the relevant decisions in the company, and will be able to argue the strengths and weaknesses of each product and ensure adequate funding for the company's needs.
At the end of the course the student will be able to compare various sources of financing techniques, their advantages, disadvantages, cost and risk, as the financial system offers them to the corporate world of today.
Learning outcomes
After completing the course, students will understand structure of capital in a corporation and the following sources of financing: - hidden internal sources - suppliers credit - bank loans - financial investors - strategic investors - securities - grants and government incentives
Syllabus
  • The course topics:
  • 1. Introduction to the corporate financing: quick review of what we laready know
  • 2. Why to borrow? Financial leverage
  • 3. Bank loans
  • 4. Other banking products: bank guarantee, letter of credit, IOU endorsement, hedging
  • 5. Financial investments
  • 6. Risk management: investor’s point of view
  • 7. Business plan: essential tool to obtain financing
  • 8. Strategic investments: mergers and acquisitions
  • 9. Corporate shares and bonds
  • 10. Trading on financial markets
  • 11. Subsidies: EU and CZ grands, co-financing, incentives, non-profit organizations, sponsorship
  • 12. Course review
Literature
    required literature
  • EHRHARDT, Michael C. and Eugene F. BRIGHAM. Financial Management: Theory and Practice. 13th Edition. Mason (Ohio, USA): South-Western, 2009. ISBN: 978-1-4390-7810-5.
    recommended literature
  • WELCH, I. Corporate Finance. 2nd ed. ISBN 09840049-5-5 (available on-line at http://book.ivo-welch.info/ed2/toc.html)
Teaching methods
Type of teaching:
Teaching consists of lectures and exercises in full-time studies, the minimum participation in the exercise in full-time studies is 75%.
Teaching in the combined study takes the form of DSO (distance learning support). The DSO tutorial is compulsory.
Assessment methods
Methods of assessment: test, or oral
Graduation: examination before which is necessary to obtain credit
Provision of credit is:
- Full-time study at least 75% active participation in exercises - Preparation and presentation of the essay on a selected topic
Graduation in the combined form of study:
100% participation in tutorial DSO and successful other tasks assigned by DSO (submission and acceptance of the 4 work repaired tutor, meet with 9 exam test questions, including the numbers).
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: 10 hodin KS/semestr.
The course is also listed under the following terms Winter 2013, Winter 2014, Winter 2015, Winter 2016, Winter 2017, Winter 2019, Winter 2020.
  • Enrolment Statistics (Winter 2018, recent)
  • Permalink: https://is.vsfs.cz/course/vsfs/winter2018/BA_FO