BKF_FIRI Foundations of Corporate Finance

Faculty of Economics and Administration
Spring 2012
Extent and Intensity
0/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. František Kalouda, CSc., MBA (lecturer)
doc. Ing. et Ing. Martin Cupal, Ph.D. et Ph.D. (assistant)
Ing. Bc. Jana Hvozdenská, Ph.D. (assistant)
Ing. Veronika Kajurová, Ph.D. (assistant)
Guaranteed by
Ing. František Kalouda, CSc., MBA
Department of Finance – Faculty of Economics and Administration
Contact Person: Iva Havlíčková
Supplier department: Department of Finance – Faculty of Economics and Administration
Timetable
Sun 4. 3. 8:30–11:00 P101, Sun 25. 3. 12:50–15:20 P101, Sun 22. 4. 12:50–15:20 P101, Sun 20. 5. 12:50–15:20 P101
Prerequisites (in Czech)
! KFZFIF Foundations of Corporate Finan
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
fields of study / plans the course is directly associated with
there are 11 fields of study the course is directly associated with, display
Course objectives
The course is designed as the first entry for students of all disciplines and specialties to issues of corporate finance and financial management. The course focuses mainly on the basic functions of financial management - the acquisition of financing resources, their allocation by transfer to non-monetary forms of property and distribution of profit. Key issues in the areas of capital and financial markets, the value of a company, financial planning and financial management of foreign trade activities are contented. After successful completion, students will have: a) Key findings of the theory of corporate finance b) Practical algorithms of financial management firm within the range: 1) property and financial structure management (break even point analysis) 2) cost calculation 3) efficiency of corporate investment
Syllabus
  • 1.Instruction organization, credits and tests. Corporate finance, financial objectives and company resources, introduction to the property and financial structure of a company. The evolution of corporate finance as applied science discipline. 2. Companies financial decision-making with a special focus on investment management and product innovation. Introduction to the assessment of the investment efficiency. Introduction to cost calculation. 3. Financial aspects of setting up a company. Company ownership structure. 4. The management of short-term assets. 5. Financial structure of the company. 6. Valuation of financial assets. 7. Company cash flow. 8. Fundamentals of corporate financial analysis. 9. Financial markets and corporate finance. 10. Valuation of a company. 11. Financial planning. 12. The financial health a company and prediction of financial shortcoming. 13. Introduction to the financial management of foreign exchange. Topics of seminars: 1. Organization of seminars, the requirements for accession to the test. Seminary works task. 2. T1 - Basic sources of information about the company (accounting documentation - profit and loss account and balance sheet). Property and financial structure - introduction (financial and operating leverage, net working capital, financing strategy). 3. T1 - Operating lever applications in company development models (break even point analysis). 4. T1 - Test 1 on T1 theme. 5. Presentation of seminary works I. 6. T2 - Introduction to cost calculation, I (cost sorting, absorption method of calculation - the division costing and rate figure costing). 7. T2 - Introduction to cost calculation II (absorption methods of calculation – the overheads percentage method, marginal costing, activity-based costing). 8. T2 - Test 2 on T2 theme. 9. Presentation of seminary works II. 10. T3 - Assessment of investments’ efficiency I (static methods). 11. T3 - Assessment of investments’ efficiency II (dynamic methods). 12. T3 - Test 3 on T3 theme. 13. Introduction to financial analysis (financial health of companies and prediction of financial shortcoming).
Literature
    required literature
  • KALOUDA, František. Finanční řízení podniku. 2. rozš. vyd. Plzeň: Vydavatelství a nakladatelství Aleš Čeněk, 2011, 299 s. ISBN 9788073803155. info
  • KISLINGEROVÁ, Eva. Manažerské finance. 2. přeprac. a dopl. vyd. Praha: C.H. Beck, 2007, xl, 745. ISBN 9788071799030. info
  • VALACH, Josef. Finanční řízení podniku. 2. aktualizované a rozší. Praha: Ekopress, 1998, 324 s. ISBN 8086119211. info
    recommended literature
  • SYNEK, Miloslav. Manažerská ekonomika. 5th ed. Praha: Grada, 2011, 471 pp. ISBN 978-80-247-3494-1. info
  • VALACH, Josef. Investiční rozhodování a dlouhodobé financování. 2. přeprac. vyd. Praha: Ekopress, 2006, 465 s. ISBN 8086929019. info
  • BREALEY, Richard A., Stewart C. MYERS and Franklin ALLEN. Principles of corporate finance. 8th ed. Boston: McGraw-Hill, 2006, xxviii, 10. ISBN 0072957239. info
Assessment methods
Requirements for completion The course is completed with a test, which is written and oral. Successful completion of at least two of the three sub-tests and seminar work evaluated of "passed" are requirements for accession to the test. Three correctly processed POTs are a requirement for accession to the test for extramural studies.
Language of instruction
Czech
Further comments (probably available only in Czech)
Study Materials
The course is taught annually.
General note: nezapisují si studenti, kteří absolvovali předmět KFZFIF.
The course is also listed under the following terms Spring 2010, Spring 2011, Spring 2013, Spring 2014, Spring 2015, Spring 2016, Spring 2017, Spring 2018, Spring 2019, Spring 2020, Spring 2021, Spring 2022, Spring 2023, Spring 2024, Spring 2025.
  • Enrolment Statistics (Spring 2012, recent)
  • Permalink: https://is.muni.cz/course/econ/spring2012/BKF_FIRI