BPF_AFMA Financial Management

Ekonomicko-správní fakulta
podzim 2024
Rozsah
2/2/0. 6 kr. Ukončení: zk.
Vyučováno kontaktně
Vyučující
prof. Ing. Štefan Lyócsa, PhD. (přednášející)
Andrea Rigamonti, B.Sc., M.Sc., Ph.D. (přednášející)
prof. Ing. Štefan Lyócsa, PhD. (cvičící)
Andrea Rigamonti, B.Sc., M.Sc., Ph.D. (cvičící)
Garance
prof. Ing. Štefan Lyócsa, PhD.
Katedra financí – Ekonomicko-správní fakulta
Kontaktní osoba: Mgr. Jana Nesvadbová
Dodavatelské pracoviště: Katedra financí – Ekonomicko-správní fakulta
Rozvrh
St 16:00–17:50 P312, kromě St 18. 9., kromě St 6. 11.
  • Rozvrh seminárních/paralelních skupin:
BPF_AFMA/01: Čt 10:00–11:50 S309, kromě Čt 19. 9., kromě Čt 7. 11., A. Rigamonti
BPF_AFMA/02: St 18:00–19:50 S309, kromě St 18. 9., kromě St 6. 11., A. Rigamonti
Předpoklady
The use of calculators (preferably the use of own personal laptops with spreadsheet program) is required during seminars.
Omezení zápisu do předmětu
Předmět je určen pouze studentům mateřských oborů.

Předmět si smí zapsat nejvýše 50 stud.
Momentální stav registrace a zápisu: zapsáno: 48/50, pouze zareg.: 1/50
Mateřské obory/plány
Cíle předmětu
The course offers an introductory insight into key topics of financial management. The objective of the course is to develop an understanding about the ideas and methods of valuing investments and companies, and understand the basic challenges of financing firms and their activities (investments). Emphasis is placed on connecting evaluation and financing decisions as the two are closely related.
Výstupy z učení
At the end of this course a student will be able to:
- understand key ideas in valuation and financing decisions;
- calculate the value of an investment;
- value simple bond instruments;
- perform a quantitative and qualitative risk-return analysis;
- understand the concept of opportunity costs and the costs of capital;
- identify environmental factors that influence financing decisions.
Osnova
  • 1. Introduction to the corporation and financial markets.
  • 2. Introduction to financial statements: balance sheet, income statement, statement of stockholder’s equity, statement of cash flows.
  • 3. Introduction to financial statements analysis: profitability ratios, asset management ratios, liquidity ratios, leverage ratios, efficiency ratios, DuPont equation.
  • 4. General evaluation principles. Present value of some common investments. Amortized loans. Investment decisions rules.
  • 5. Interest rates. Valuing bonds.
  • 5. Weighted average cost of capital. Valuing stocks.
  • 6. Returns and risk. Estimation windows. Mean and variance of a portfolio.
  • 7. The CAPM model. Estimation of CAPM parameters.
  • 8. Capital structure in a perfect market. Payout policy.
  • 9. Leasing.
  • 10. Option basics. Option payoffs at expiration.
Literatura
    povinná literatura
  • BERK, Jonathan B. a Peter M. DEMARZO. Corporate finance. Sixth edition, Global editio. Harlow, England: Pearson, 2024, 1195 stran. ISBN 9781292446318. info
  • BRIGHAM, Eugene F., Michael C. EHRHARDT a Roland FOX. Financial management : theory & practice. EMEA edition. Hampshire: Cengage Learning, 2016, xiv, 622. ISBN 9781473729605. info
    doporučená literatura
  • BREALEY, Richard A., Stewart C. MYERS a Alan J. MARCUS. Fundamentals of corporate finance. Tenth edition. New York: McGraw-Hill Education, 2020, xxxi, 728. ISBN 9781260566093. info
  • BRIGHAM, Eugene F. a Louis C. GAPENSKI. Intermediate financial management. 4. ed. Philadelphia: Dryden Press, 1993, xxvii, 112. ISBN 0030754828. info
Výukové metody
Lectures sketch the key ideas behind important concepts of Financial management. Seminars are oriented towards increasing practical skills needed to value investments, support various types of financing decisions.
Metody hodnocení
Participation to the seminars is mandatory. Maximum 3 absences are allowed in order to be admitted to the final exam.
Grading is in accordance with the internal guidelines of the Faculty of Economics and Administration of Masaryk’s University and is based on a midterm exam (40%), and final exam (60%). Points from exams are accumulated.
The exams are in written form and contain short theoretical questions and exercises.
The final grade scale is the following:
100 - 92 % - A
91 - 84 % - B
83 - 76 % - C
75 - 68 % - D
67 - 60 % - E
less than 60 % - F
Vyučovací jazyk
Angličtina
Informace učitele
Lectures and seminars are not recorded. 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. Students in this course are expected to adhere to the Masaryk University’s high standards of integrity as spelled out in the Disciplinary Code for Students and Directive N.3/2008. Anyone who cheats on tests or exams, will be subject to the penalties set forth in the Code.
Další komentáře
Studijní materiály
Předmět je vyučován každoročně.
Předmět je zařazen také v obdobích podzim 2017, podzim 2018, podzim 2019, podzim 2020, podzim 2021, podzim 2022, podzim 2023.
  • Statistika zápisu (nejnovější)
  • Permalink: https://is.muni.cz/predmet/econ/podzim2024/BPF_AFMA