N_IFS_1 International Financial Services 1

Vysoká škola finanční a správní
zima 2012
Rozsah
0/2. 6 hodin KS/semestr. 3 kr. Ukončení: z.
Vyučující
doc. Ing. Vladislav Pavlát, CSc. (cvičící)
Ing. Ivana Šímová (cvičící)
Garance
doc. Ing. Vladislav Pavlát, CSc.
Katedra financí (FES, KF) – Katedry – Vysoká škola finanční a správní
Kontaktní osoba: Lenka Pokorná
Rozvrh seminárních/paralelních skupin
N_IFS_1/cFPH: St 15:45–16:29 S34, St 16:30–17:15 S34, I. Šímová
N_IFS_1/vFPH: So 6. 10. 9:45–11:15 S24, 11:30–13:00 S24, Pá 19. 10. 15:30–17:00 S24, V. Pavlát
N_IFS_1/vPPH: Pá 19. 10. 13:45–15:15 S13, So 3. 11. 9:45–11:15 S13, 11:30–13:00 S13, V. Pavlát
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 main problems of international financial markets and international financial services; work with information on the relationship between financial and real economy and the feedback between both areas ; create own statistical tables on the financial markets development; make reasoned decisions about monetary course; make deductions based on acquired knowledge of international financial markets;interpret and comment on topical documents on international financial services.
Osnova
  • 1. Foreign exchange markets (OTC market, trading channels, main segments, spot and derivatives)
  • 2. Exchange rate quotation, speculation, arbitrage, hedging, cross rates (main types of quotation, motivation)
  • 3. Money market spot instruments and interest rate quotation (interbank market loans, treasury securities)
  • 4. Outright forwards and money market hedge (definition, forward rate, synthetic forward)
  • 5. Forward rates agreements (definition, FRA rate, yield curve slope, interest rate risk)
  • 6. Foreign exchange swaps (definition, swap points, liquidity management, short dates)
  • 7. Yield curve and theory of interest rates structure (expectation theory, time premium, forward rate)
  • 8. Central bank and monetary policy instruments (main policy rate, open market operations, standing facilities)
  • 9. Fundamental analysis of exchange rate (purchasing power parity, uncovered interest rate parity, BOP)
  • 10. International monetary system and currency regimes (fixed vs. floating regimes, euro adoption)
  • 11. Euromoney markets (main segments, main instruments, LIBOR)
  • 12. Summing up the semester
Literatura
    povinná literatura
  • Eiteman, D. K., Stonehill, A. I., Moffett, M. H.: Multinational Business Finance, Prentice Hall, 2010.
    doporučená literatura
  • Witzany, J.: International Financial Markets. Praha: Oeconomica, 2010.
  • Fialová, H., Fiala, J.: The Concise Dictionary of Economic Terms. Praha: A plus, 2008.
Výukové metody
lectures and seminars; homework (students have to write a seminar working paper);reading of the prescribed and recommended literature
Metody hodnocení
Two written tests during the semester /approx.20 questions) and a final test /approx. 30 questions/in written form before completion of the course; attendance 75% for full-time students in the form of presence study; 50% minimum attendance for atusent in the combined form of studies; detailed instructions on test will be given by the teacher during the course;
Vyučovací jazyk
Angličtina
Navazující předměty
Další komentáře
Předmět je dovoleno ukončit i mimo zkouškové období.
Bb0.
Předmět je zařazen také v obdobích zima 2011, léto 2012, zima 2013, zima 2014, zima 2015, zima 2016, zima 2017, zima 2018, zima 2019, zima 2020, zima 2021, zima 2022, zima 2023, zima 2024.