BPF_FIMG Financial Management

Faculty of Economics and Administration
Spring 2025
Extent and Intensity
2/2/0. 8 credit(s). Type of Completion: zk (examination).
In-person direct teaching
Teacher(s)
Ing. Martina Sponerová, Ph.D. (lecturer)
Ing. Dagmar Vágnerová Linnertová, Ph.D. (lecturer)
Ing. Luděk Benada, Ph.D. (seminar tutor)
Ing. Mgr. Matúš Horváth, Ph.D. (seminar tutor)
Ing. Veronika Kajurová, Ph.D. (seminar tutor)
Ing. Michala Moravcová, Ph.D. (seminar tutor)
Ing. Gabriela Oškrdalová, Ph.D. (seminar tutor)
Ing. Martina Sponerová, Ph.D. (seminar tutor)
Ing. Dagmar Vágnerová Linnertová, Ph.D. (seminar tutor)
Guaranteed by
Ing. Dagmar Vágnerová Linnertová, Ph.D.
Department of Finance – Faculty of Economics and Administration
Contact Person: Iva Havlíčková
Supplier department: Department of Finance – Faculty of Economics and Administration
Timetable
Wed 14:00–15:50 P101, except Wed 2. 4.
  • Timetable of Seminar Groups:
BPF_FIMG/01: Thu 14:00–15:50 VT202, except Thu 3. 4., M. Moravcová
BPF_FIMG/02: Mon 12:00–13:50 VT105, except Mon 31. 3., M. Horváth
BPF_FIMG/03: Mon 14:00–15:50 VT105, except Mon 31. 3., M. Horváth
BPF_FIMG/04: Mon 10:00–11:50 VT105, except Mon 31. 3., M. Horváth
BPF_FIMG/05: Mon 10:00–11:50 VT314, except Mon 31. 3., G. Oškrdalová
BPF_FIMG/06: Tue 16:00–17:50 VT105, except Tue 1. 4., V. Kajurová
BPF_FIMG/07: Tue 14:00–15:50 VT105, except Tue 1. 4., V. Kajurová
BPF_FIMG/08: Mon 18:00–19:50 VT105, except Mon 31. 3., L. Benada
BPF_FIMG/09: Thu 12:00–13:50 VT202, except Thu 3. 4., M. Moravcová
BPF_FIMG/10: Tue 10:00–11:50 VT314, except Tue 1. 4., L. Benada
BPF_FIMG/11: Wed 8:00–9:50 VT105, except Wed 2. 4., M. Sponerová
BPF_FIMG/12: Tue 8:00–9:50 VT105, except Tue 1. 4., M. Sponerová
BPF_FIMG/13: Thu 8:00–9:50 VT105, except Thu 3. 4., M. Sponerová
BPF_FIMG/14: Thu 14:00–15:50 VT105, except Thu 3. 4., M. Sponerová
BPF_FIMG/15: Tue 8:00–9:50 VT314, except Tue 1. 4., G. Oškrdalová
BPF_FIMG/16: Tue 12:00–13:50 VT206, except Tue 1. 4., G. Oškrdalová
Prerequisites (in Czech)
((( BPE_MIE1 Microeconomics 1 && BPE_MAE1 Macroeconomics 1 )|| BPE_ZEKO Principles of Economics ) && ! BPF_FIRI Financial Management )
Course Enrolment Limitations
The course is only offered to the students of the study fields the course is directly associated with.

The capacity limit for the course is 320 student(s).
Current registration and enrolment status: enrolled: 353/320, only registered: 20/320
fields of study / plans the course is directly associated with
there are 18 fields of study the course is directly associated with, display
Course objectives
The aim of the course is to acquaint students with key aspects of corporate finance, with emphasis on the importance of financial management both in the economy and in the whole field of finance. The course is designed in two interrelated areas. The first part of the course will be devoted to the basics and then advanced methods of financial analysis. The aim of this part of the course will be to understand and evaluate the financial situation of the company, based on a detailed analysis of corporate statements, including the formulation of recommendations for such a company. The second part of the course will focus on individual methods of evaluation of investment projects. This part of the course is based on the issue of time value of money and further develops it into the issue of capitalization, discounting, and net present value. Furthermore, attention will be paid to theoretical concepts based on which financial decisions are formulated. The second part will also analyze selected types of securities from the perspective of the issuing company and investors and evaluate how the decision on individual methods of financing affects the financial situation of the company.
Learning outcomes
Students will be able to:
1. Apply methods and procedures of financial analysis to a selected company and then evaluate its financial situation and formulate recommendations both for the company itself and for providers of free funds.
2. Evaluate the intended investment project on the basis of selected criteria and the expected return and risk and subsequently recommend it for implementation or reject it.
3. Know the financial statements, analyze the company's capital structure and propose its optimization.
4. Orientation in financial instruments that can be used to finance the company.
5. Apply methods for finding the correct value of financial instruments with regard to risk and expected cash flow and formulate investment recommendations for the company and investors.
Syllabus
  • Lecture Overview:
  • 1. Introduction to Financial Management.
  • 2. Introduction to Financial Analysis. Basic Financial Statements.
  • 3. Asset and Financial Structure of a Company. Key Balance Sheet Items in Financial Analysis.
  • 4. Financial Analysis I. Analysis of the Economic and Financial Situation of a Company.
  • 5. Financial Analysis II. Net Working Capital, Profitability, Liquidity, and Company Financing.
  • 6. Corporate Financing Options.
  • 7. The Concept of Time Value of Money and Analysis of Methods Based on Time Value of Money.
  • 8. Risk and Return in Finance.
  • 9. Analysis of Basic Securities for Corporate Financing and Their Utilization.
  • 10. Capital Structure Theory.
  • 11. Basic Securities for Corporate Financing.
  • 12. Fundamental Methods and Techniques for Security Valuation.
  • Seminar Overview:
  • 1. Introductory Seminar, Course Information.
  • 2. Introduction to Financial Management.
  • 3. Introduction to Financial Analysis. Basic Financial Statements.
  • 4. Asset and Financial Structure of a Company. Key Balance Sheet Items in Financial Analysis.
  • 5. Financial Analysis I. Analysis of the Economic and Financial Situation of a Company.
  • 6. Financial Analysis II. Net Working Capital, Profitability, Liquidity, and Company Financing.
  • 7. Corporate Financing Options.
  • 8. The Concept of Time Value of Money and Analysis of Methods Based on Time Value of Money.
  • 9. Risk and Return in Finance.
  • 10. Analysis of Basic Securities for Corporate Financing and Their Utilization.
  • 11. The Concept of Value in Financial Management.
  • 12. Fundamental Methods and Techniques for Security Valuation.
Literature
    required literature
  • Vernimmen, Pierre, et al. Corporate Finance : Theory and Practice, John Wiley & Sons, Incorporated, 2017. ProQuest Ebook Central, https://ebookcentral.proquest.com/lib/masaryk-ebooks/detail.action?docID=5061190.
  • RŮČKOVÁ, Petra. Finanční analýza : metody, ukazatele, využití v praxi. 6. aktualizované vydání. Praha: Grada Publishing, 2019, 152 stran. ISBN 9788027120284. URL info
    recommended literature
  • BREALEY, Richard A., Stewart C. MYERS and Alan J. MARCUS. Fundamentals of corporate finance. Tenth edition. New York: McGraw-Hill Education, 2020, xxxi, 728. ISBN 9781260566093. info
  • WESTERFIELD, Randolph and Jeffrey F. JAFFE. Corporate finance. Edited by Stephen A. Ross. 7th ed. Boston: McGraw-Hill, 2005, xxxiii, 94. ISBN 0072829206. info
Teaching methods
Lectures, seminars, individual study of literature, individual consultations, homework, active approach in lectures and seminars, progress tests.
Assessment methods
The course is completed with a written exam.
To successfully complete the course, it is necessary to obtain at least 61 points from the total sum of the exam test, two mid-term tests, and activity during the semester. The overall course evaluation is determined by the sum of points from the written exam (max. 70 points), points from the mid-term tests in seminars (max. 30 points), activity in seminars (max. 8 points), and activity in lectures (maximum 6 points).
Absence from the mid-term tests during the semester must be properly excused in IS MUNI; in such cases, the student has the right to take a substitute test at a date agreed upon with the instructor.
To be admitted to the exam, a minimum threshold of 18 points is required from the sum of points from both tests (each test can earn a maximum of 15 points) and points from activity in lectures and seminars.
The points earned during the semester are included in the final course evaluation.
The student has the opportunity for one retake of the mid-term tests. The retake test is written in the first week of the examination period and covers the entire course material. The required minimum threshold for admission to the exam is 18 points out of a possible 30. The result of the retake test is always included in the final course evaluation.
• The following grading scale applies to student evaluation:
A: 93 - 114 points,
B: 85 – 92 points,
C: 77 – 84 points,
D: 69 – 76 points,
E: 61 – 68 points,
F: less than 61 points.
• Notice: "Any form of cheating, recording or removing tests, using unauthorized aids as well as communication devices, or any other disruption of exam (credit) objectivity will be considered as failing to meet the course completion requirements and as a serious violation of academic regulations. As a result, the instructor will mark the exam (credit) with an "F" grade in IS, and the dean will initiate disciplinary proceedings, which may result in expulsion from the university."
In the case of a student going abroad, the student is required to take 2 mid-term tests and the final exam to complete the course. The final grade will be based on the total number of points obtained from all three mandatory parts. In case of travel abroad, the student is required to contact the course guarantor before departure to arrange the dates for fulfilling the specified requirements.
Language of instruction
Czech
Further comments (probably available only in Czech)
The course is taught annually.
General note: Přednášky jsou dostupné online a ze záznamu.
  • Enrolment Statistics (recent)
  • Permalink: https://is.muni.cz/course/econ/spring2025/BPF_FIMG