MPF_FIFI Corporate Finance

Faculty of Economics and Administration
Autumn 2019
Extent and Intensity
2/2/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
prof. Ing. Štefan Lyócsa, PhD. (lecturer)
Ing. Josef Nešleha (lecturer)
Ing. Josef Nešleha (seminar tutor)
Guaranteed by
prof. Ing. Štefan Lyócsa, PhD.
Department of Finance – Faculty of Economics and Administration
Contact Person: Iva Havlíčková
Supplier department: Department of Finance – Faculty of Economics and Administration
Timetable
Thu 8:00–9:50 P403
  • Timetable of Seminar Groups:
MPF_FIFI/01: Mon 12:00–13:50 P103, J. Nešleha
MPF_FIFI/02: Thu 10:00–11:50 P304, J. Nešleha
Prerequisites
Elementary knowledge of corporate finance, financial markets, mathematics and financial mathematics.
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
The capacity limit for the course is 90 student(s).
Current registration and enrolment status: enrolled: 0/90, only registered: 0/90, only registered with preference (fields directly associated with the programme): 0/90
fields of study / plans the course is directly associated with
Course objectives
The goal of the subject is to provide students with education related to the corporate finance with a particular emphasis on: - financial management of a company - financial targets setting and methods of their compliance/fulfilment measurement - evaluation and interpretation of a company's economic results - investment decision-making process, short-term and long-term financing and methods of individual investment projects effectiveness evaluation.
Learning outcomes
At the end of this course students should be able to:
- understand fundamentals of financial management;
- analyse financial decision-making process and identify financial targets of companies;
- asses and interpret economic results of companies;
- understand process of investment decision-making process and long-term financing, risk involved in financial decision making and dividend policy.
Syllabus
  • 1) Financial management,
  • 2) Financial targets of the company and performance management,
  • 3) Short term financial management,
  • 4) Short term financing,
  • 5) Long term financial management,
  • 6) Investment decision making,
  • 7) Investment efficiency evaluation,
  • 8) Long term financing,
  • 9) Internal sources of investment financing,
  • 10) Dividend policy,
  • 11) External sources of investment financing,
  • 12) Risk involved in financial decision making,
  • 13) Long term financial planning.
Literature
    required literature
  • VALACH, Josef. Investiční rozhodování a dlouhodobé financování. 3. přeprac. a rozš. vyd. Praha: Ekopress, 2010, 513 s. ISBN 9788086929712. info
    recommended literature
  • BREALEY, Richard A., Richard ALLEN and Stewart C. MYERS. Teorie a praxe firemních financí. 2. aktualiz. vyd. Brno: BizBooks, 2014, 1095 s. ISBN 9788026500285. info
  • KNÁPKOVÁ, Adriana, Drahomíra PAVELKOVÁ, Karel ŠTEKER and Daniel REMEŠ. Finanční analýza : komplexní průvodce s příklady. 3., kompletně aktualizovan. Praha: Grada Publishing, 2017, 228 stran. ISBN 9788027105632. URL info
  • KISLINGEROVÁ, Eva. Manažerské finance. 3rd ed. Praha: C. H. Beck, 2010, 811 pp. ISBN 978-80-7400-194-9. info
  • KNÁPKOVÁ, Adriana, Drahomíra PAVELKOVÁ and Karel ŠTEKER. Finanční analýza : komplexní průvodce s příklady. 2., rozš. vyd. Praha: Grada Publishing, 2013, 236 s. ISBN 9788024744568. info
  • REVENDA, Zbyněk, Martin MANDEL, Jan KODERA, Petr MUSÍLEK and Petr DVOŘÁK. Peněžní ekonomie a bankovnictví. 5,. aktualizované vydání. Praha: Management Press, 2014, 423 stran. ISBN 9788072612796. info
  • RADOVÁ, Jarmila, Petr DVOŘÁK and Jiří MÁLEK. Finanční matematika pro každého. 8., rozš. vyd. Praha: Grada, 2013, 304 s. ISBN 9788024748313. URL info
Teaching methods
Lectures, reading, class discussion, economic results of companies analysis, investment efficiency evaluation.
Assessment methods
2 written tests (necessary condition to concede the exam is to reach 60% of the result at minimum). Ongoing tests will be written during tutorials in weeks according to schedule. If a student can not physically attend 1 of the tests (teacher examines apology), the student can write the replacement test. Conditions for participation in graduation test, 2 control tests with average rating of 60% or more. A student who fails - ie. resulting interim assessment tests is less than 60%, will write the replacement test of the whole substance. To pass the test he must achieve at least 60%.
Oral exam (2 theoretical questions).
Any copying, recording or leaking tests, use of unauthorized tools, aids and communication devices, or other disruptions of objectivity of exams (credit tests) will be considered non-compliance with the conditions for course completion as well as a severe violation of the study rules. Consequently, the teacher will finish the exam (credit test) by awarding grade "F" in the Information System, and the Dean will initiate disciplinary proceedings that may result in study termination.
Language of instruction
Czech
Further Comments
Study Materials
The course is taught annually.
Listed among pre-requisites of other courses
The course is also listed under the following terms Autumn 2009, Autumn 2010, Autumn 2011, Autumn 2012, Autumn 2013, Autumn 2014, Autumn 2015, Autumn 2016, Autumn 2017, Autumn 2018, Autumn 2020, Autumn 2021, Autumn 2022, Autumn 2023, Autumn 2024.
  • Enrolment Statistics (Autumn 2019, recent)
  • Permalink: https://is.muni.cz/course/econ/autumn2019/MPF_FIFI