B_PF_A2 Company Finances A 2

University of Finance and Administration
Summer 2013
Extent and Intensity
2/1. 6 credit(s). Type of Completion: zk (examination).
Guaranteed by
Ing. Jana Kotěšovcová, Ph.D.
Department of Economics and Management – Departments – University of Finance and Administration
Contact Person: Ing. Mgr. Dina Riegerová
Prerequisites
The course builds on Business Finance A1 (PFA1), where students had the opportunity to learn about the fundamentals of corporate finance - especially in the current, operational funding. Scope of Corporate Finance A2 (PFA2) is focused on the financing of business processes, strategic planning, evaluation of investment projects and risks in the business.
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
The goal is to complete the knowledge of the business operative financing so that at the end of this course, the student will be able to understand, explain and direct their attention independently and solve problems associated with the strategic financing of corporate activities.
Syllabus
  • 1. Common short-term financing - management of labour capital and provisions
  • 2. Common short-term financing - debt management and liquidity
  • 3. Long-term financing - loan and lease financing
  • 4. Share and bond financing, determining the rating, stock indices
  • 5. Metody valuation of shares - technical, fundamental, psychological analysis, the theory of efficient markets
  • 6. Financial derivatives - options, forwards, futures, swaps
  • 7. Strategic financial decision making, time value of money in financial decision making
  • 8. Strategic long-term investment decisions, the classification of investment projects, their planning and funding
  • 9. Estimation of future cash flows - initial capital expenditures and future cash flows
  • 10. Evaluation of investment decision - static methods 11. Evaluation of investment decision - dynamic methods 12. Analysis of the risk, types of risk, ways to protect against the risk measurement and risk in investment decisions
Literature
    required literature
  • KISLINGEROVÁ, Eva. Manažerské finance. 3. vyd. Praha: C. H. Beck, 2010, xxxviii, 811 s. Beckova edice ekonomie. ISBN 978-80-7400-194-9.
  • SYNEK, M. a kol. Manažerská ekonomika. Praha: Grada Publishing, 2007. ISBN 978-80-247-1992-4
    recommended literature
  • VALACH, Josef. Investiční rozhodování a dlouhodobé financování. Praha: Ekopress, 2006, ISBN 80-86929-01-9
  • ŠIMAN, Josef a Petr PETERA. Financování podnikatelských subjektů: teorie pro praxi. Vyd. 1. V Praze: C.H. Beck, 2010, 192 s. C.H. Beck pro praxi. ISBN 978-80-7400-117-8.
  • MAREK, Petr. Studijní průvodce financemi podniku. 2. aktualiz. vyd. Praha: Ekopress, 2009, 634 s. ISBN 978-80-86929-49-1.
Teaching methods
Teaching consists of lectures and exercises in full-time study, managed by group consultations in the form of study. The scope of compulsory participation in education: Minimum mandatory participation in exercises in full-time studies is 75%, the controlled group consultations in combined form 50%. Assessment methods: The course is concluded with a credit and examination. The credit consists of the solution of practical case studies. Followed by an oral exam, a list of topics for the oral exam is published in learning materials for the subject.
Assessment methods
On each of the 5 exercises subject PFA2 students solve a case study in strategic financing where they can get 7 points for a total of more than 35 points. On top 6th exercise is written final test of two case studies, which is a total of 70 points. The condition for the fulfillment of the credit is to obtain at least 70 points. Another alternative is to score partial processing homework - a case study on 20 points. After you pass the course, the student oral exam.
Language of instruction
Czech
Follow-Up Courses
Further comments (probably available only in Czech)
Information on completion of the course: ISP
The course can also be completed outside the examination period.
General note: 0.
Information on the extent and intensity of the course: 10 hodin KS/semestr.
The course is also listed under the following terms Winter 2011, summer 2012, Winter 2012, Winter 2013, Winter 2014, Winter 2015, Winter 2016, Summer 2017, Summer 2018, Summer 2019, Summer 2020, Summer 2021.
  • Enrolment Statistics (Summer 2013, recent)
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