NA_CFM Corporate Finance Management

Vysoká škola finanční a správní
léto 2022
Rozsah
2/2/0. 16 hodin KS/semestr. 6 kr. Ukončení: zk.
Vyučující
Ing. Eva Kostikov, Ph.D. (cvičící)
Garance
Ing. Eva Kostikov, Ph.D.
Katedra financí (FES, KF) – Katedry – Vysoká škola finanční a správní
Kontaktní osoba: Lenka Pokorná
Rozvrh seminárních/paralelních skupin
NA_CFM/cECPH: Út 15:45–16:29 S35, Út 16:30–17:15 S35, kromě Út 5. 4. ; a Čt 21. 4. 17:30–19:00 S14, E. Kostikov
NA_CFM/pECPH: Út 14:00–14:44 S35, Út 14:45–15:30 S35, kromě Út 5. 4. ; a Čt 21. 4. 15:45–17:15 S14, E. Kostikov
Předpoklady
There are no prerequisites for this course.
Omezení zápisu do předmětu
Předmět je otevřen studentům libovolného oboru.
Cíle předmětu
At the end of the course students should be able to understand and explain the principles and techniques of finance and their various applications, particularly concerning strategic investment decisions and value-based management. Graduates should be able to comprehend and utilize essential financial concepts in various positions of management and specialist responsibility, with a focus on corporate strategy issues.
Výstupy z učení
The student would understand:
• 1. Fundamental concepts of financial management.
• 2. Analysis of Financial Statements
• 3. Time Value of Money
• 4. Bonds and bond valuation as an application of basic financial concepts
• 5. Risk, Return and the Capital Asset Pricing Model
• 6. Stocks, stock valuation and Stock Market and Financial Options
• 7. The Cost of Capital
• 8. Capital Budgeting: Evaluating Cash Flows and Certainly Equivalents and risk-Adjusted Discount Rates
• 9. Financial Planning and forecasting of financial Statements
• 10. Corporate valuation and governance (financial planning and forecasting, value-based management)
• 11. Distribution of Shareholders: Dividends and Repurchases
• 12. Capital Structure Decisions
Osnova
  • 1. Time value of money.
  • 2. Bonds and bond valuation as an application of basic financial concepts; risk and return.
  • 3. Stocks and stock valuation; market equilibrium; CAPM.
  • 4. Options. Cost of capital.
  • 5. Basics of capital budgeting; estimating cash flows in projects.
  • 6. Corporate valuation and governance (financial planning and forecasting, value-based management).
Literatura
    povinná literatura
  • BRIGHAM, Eugene F. and Michael C. EHRHARDT. Financial Management: Theory & Practice. 16 edition. Cengage Learning Pub. 2019. 1216 p. ISBN 978-1337902601.
  • VLACHÝ, Jan. Corporate finance: exercises. Praha: Leges, 2018. 184 p. ISBN 978-80-7502-291-2.
    doporučená literatura
  • BERK, Jonathan and Peter DEMARZO. Corporate Finance, Global Edition. 5th edition. United Kingdom, London: Pearson. 2019. 792 p. ISBN 978-1292304151.
  • HITCHNER, James R. Financial Valuation Workbook: Step-by-Step Exercises and Tests to Help You Master Financial Valuation. 4th. Hoboken, New Jersey, United States: Wiley, 2017, 480 s. ISBN 978-1119312345.
  • BREALEY Richard A., MYERS, Stewart C. and Franklin ALLEN. Principles of Corporate Finance. 13 edition. New York, NY: McGraw-Hill Education, 2019. 896 p. ISBN 978-1260565553.
  • WELCH, Ivo. Corporate finance. 4th ed. United States: Ivo Welch. 2016. 634 p. ISBN 978-0-9840049-2-8.
  • DAMODARAN, Aswath. Applied Corporate Finance. 4 edition. Hoboken, New Jersey: Wiley. 2015. 656 p. ISBN 978-1-118-80893-1.
Výukové metody
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. The subject is delivered in full-time study by 12 lectures of theory (organized in 6 blocks) and 6 seminars of theory application.
Metody hodnocení
Credit will be granted based on active participation in the course, including prepared seminar assignments. Terminal grading will be based on a written final exam (cca 12 problems and questions).
Vyučovací jazyk
Angličtina
Navazující předměty
Další komentáře
Předmět je dovoleno ukončit i mimo zkouškové období.
Předmět je zařazen také v obdobích léto 2011, léto 2020, léto 2021, léto 2023, léto 2024, léto 2025.