MPH_FMAN Financial Management

Faculty of Economics and Administration
Spring 2023
Extent and Intensity
1/2/0. 5 credit(s). Type of Completion: k (colloquium).
Teacher(s)
doc. Ing. Bc. Petr Suchánek, Ph.D. (lecturer)
Ing. Petr Mikuš, Ph.D. (seminar tutor)
Mgr. Ing. Milan Sedláček, Ph.D. (seminar tutor)
Ing. Viliam Záthurecký, MBA, Ph.D. (seminar tutor)
Guaranteed by
doc. Ing. Bc. Petr Suchánek, Ph.D.
Department of Business Management – Faculty of Economics and Administration
Contact Person: Vlasta Radová
Supplier department: Department of Business Management – Faculty of Economics and Administration
Timetable
each even Tuesday 16:00–17:50 P106
  • Timetable of Seminar Groups:
MPH_FMAN/01: Tue 8:00–9:50 P102, except Tue 28. 3., P. Suchánek
MPH_FMAN/02: Fri 10:00–11:50 P201, except Fri 31. 3., V. Záthurecký
MPH_FMAN/03: Mon 8:00–9:50 P302a, except Mon 27. 3., V. Záthurecký
MPH_FMAN/04: Thu 12:00–13:50 S306, except Thu 30. 3., V. Záthurecký
Course Enrolment Limitations
The course is only offered to the students of the study fields the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives
The aim of the course is to teach students to apply analytical tools of financial management with an emphasis on management of the enterprise. These tools enable them to analyze the enterprise financially and to create a foundation for financial management and decision-making in an enterprise. Students should, in practical terms, get to know possibilities and limits of the financial statements analysis and should be able to independently assess the financial situation of the company. Students should gain knowledge and skills important for a knowledge and globalized society. In the framework of further external and internal environmental analyzes, they should be able to include the financial analysis of the enterprise in their wider context, including taking into account competing enterprises (benchmark). Based on the SWOT analysis, they should then propose an optimal business strategy with an emphasis on its financial side.
Learning outcomes
The course should result in the ability of students to:
- be able to analyse financial statements,
- be able to compile and interpret indicators evaluating the enterprise (especially financial),
- be able to calculate and interpret opportunity costs in various ways in a enterprise,
- be able to construct and interpret pyramidal analysis in an enterprise,
- be able to compute and evaluate reputable and bankruptcy models,
- be able to comprehensively assess the situation of an enterprise (with emphasis on the financial situation)
- be able to analyse the external and internal environment of a company in a financial context
- be able to create a business strategy with an emphasis on its financial side.
Syllabus
  • Lectures:
  • 1. Introduction to the course, definition of fundamental terms, statements and methods used
  • 2. Vertical and Horizontal Analysis of the Balance Sheet and the Profit and Loss Statement
  • 3. Ratios (profitability, cash flow, liquidity, activity, debt and capital market)
  • 4. Financial and operational leverage in the enterprise, pyramidal analysis
  • 5. Alternative cost and EVA indicator
  • 6. Credit and bankruptcy models, rating and scoring
  • Seminars:
  • 1. Introductory seminar (organizational guidelines, requirements for seminar work, how to finish the course, literature, etc.)
  • 2. Students will repeat the basics and principles of economic analysis, including external and internal environment analysis, SWOT analysis, benchmarking and multicriterial evaluation of variants
  • 3. Students will make a vertical and horizontal analysis of the balance sheet and the profit and loss statement on a selected company and will discuss their results with the teacher
  • 4. Students will analyse selected ratios from selected areas on a selected enterprise and discuss their results with the teacher, including justification for the selection of the relevant ratios
  • 5. Students will conduct a financial and operating leverage analysis on a selected company and will discuss their results with the teacher
  • 6. Students will conduct a pyramidal analysis on a selected company including and will discuss their results with the teacher
  • 7. Students will calculate EVA indicator on a selected company and discuss their results with the teacher, including explanation for choosing the appropriate EVA indicator design method
  • 8. Students will calculate a selected credit or bankruptcy model on a selected company and discuss their results with the teacher, including the explanation for choosing a particular model
  • 9.-12. Presentation of the seminar paper.
Literature
    required literature
  • SUCHÁNEK, Petr. Finanční management. Distanční studijní opora. 2. přepracované vyd. Brno: Masarykova univerzita, 2019. 139 s.
    recommended literature
  • 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
  • BRIGHAM, Eugene F., Michael C. EHRHARDT and Roland FOX. Financial management : theory & practice. EMEA edition. Hampshire: Cengage Learning, 2016, xiv, 622. ISBN 9781473729605. info
  • KLJUČNIKOV, Aleksandr. Financial management in the segment of SMEs. First edition. Prague: Wolters Kluwer, 2017, 143 stran. ISBN 9788075525857. info
  • MELICHER, Ronald W. and Edgar NORTON. Introduction to finance : markets, investments, and financial management. Seventeenth edition. Hoboken: Wiley, 2020, xxix, 613. ISBN 9781119561170. info
Teaching methods
Education proceeds as lectures and seminars while the lectures discuss the basic problem circuits that are then applied to the seminars. At the seminars, the students prepare individual themes prepared at the selected company, present their partial results and they discuss with other students and teacher. At the end of the semester they present and defend the results of their work. In the exam period, they write a test.
Assessment methods
The course takes form of seminars in which students will continuously process the data of a selected company, analyse them and then use this work to discuss the economic situation of the company, its causes and intended solutions. 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
Follow-Up Courses
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 Spring 2010, Spring 2011, Spring 2012, Spring 2013, Spring 2014, Spring 2015, Spring 2016, Spring 2017, Spring 2018, Spring 2019, Spring 2020, Spring 2021, Spring 2022, Spring 2024.
  • Enrolment Statistics (Spring 2023, recent)
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