PFTRMA Treasury Management

Ekonomicko-správní fakulta
podzim 2007
Rozsah
0/0. 3 kr. Ukončení: zk.
Vyučující
Prof. Dirk Kaiser, Dr. (přednášející), doc. Ing. Martin Svoboda, Ph.D. (zástupce)
Garance
doc. Ing. Martin Svoboda, Ph.D.
Katedra financí – Ekonomicko-správní fakulta
Kontaktní osoba: Mgr. Jaroslava Žgáničová
Rozvrh
Pá 2. 11. 8:30–12:45 S311, 14:35–17:05 S311, So 3. 11. 8:30–11:50 VT314, 12:50–16:15 VT314, Pá 14. 12. 8:30–12:45 S311, 14:35–17:05 S311, So 15. 12. 8:30–11:50 VT314, 12:50–16:15 VT314
Omezení zápisu do předmětu
Předmět je nabízen i studentům mimo mateřské obory.
Předmět si smí zapsat nejvýše 24 stud.
Momentální stav registrace a zápisu: zapsáno: 0/24, pouze zareg.: 0/24, pouze zareg. s předností (mateřské obory): 0/24
Mateřské obory/plány
Cíle předmětu
Treasury management is an undergraduate course that will make participants acquainted with fundamental principles of entrepreneurial finance and investment. The curriculum of the course follows the structure of the cash flow statement according to IAS/IFRS. Starting off from some key definitions, the cash flow from financial activities, the cash flow from operations and the cash flow from investment activities will be taken into scrutiny. By means of a systematic lecture with many integrated exercises, participants are to get a structured survey of financial instruments and an intuitive command of investment calculus enabling them to take decisions in practice. Lessons will be in English. If participants are interested, a corresponding German textbook will be made available to them, additionally.
Osnova
  • Session 1, Friday, November 2, 2007 Unit 1 Exchange and money - market economy; exchange; spot, financial and forward contracts; direct and indirect exchange, money Unit 2 Monetary stocks and flows - stock-flow equation; monetary stocks and flows; bar graph Unit 3 Monetary stocks and flows 2 -liquidity reserves and liquid potential assets; case studies Unit 4 Cash flow statement 1 - the company and its environment; monetary image of the company’s interactions with its environment Saturday, November 3, 2007 Unit 5 Cash flow statement 2 - primary and secondary markets; theoretical cash flow statement; cash flow from operations (internal funding); cash flow from financial activities (external funding); cash flow from investment activities (investments) Unit 6 Cash flow from financial activities 1 - covenants; decision criteria for investments in financial contracts; secondary market liquidity; securities and emission finance Unit 7 Cash flow from financial activities 2 - going public, the stock exchange; debt and equity; entrepreneurship and SME’s; equity and the life-cycle of a company Unit 8 Cash flow from financial activities 3 - fixed income debt vs. roll-over credits and floaters; repayment schedules; short-term and long-term debt, the maturity matrix; the effective rate of return Session 2 Friday, Friday, December 14, 2007 Unit 9 Cash flow from operations - commercial credit; cash-flow formulas: approximation of cash flow from operations by means of financial accounts data Unit 10 Financial Management - cybernetics and system theory; financial planning, organisation, and controlling; cash flow statement according to IAS/IFRS; case study Unit 11 Cash flow from investment activities 1 - the particular need for internal control; what is investment calculus? complete financial account of an investment; perfect financial markets Unit 12 Cash flow from investment activities 2 - definition of net present value; calculation of net present value Saturday, December 15, 2007 Unit 13 Cash flow from investment activities 3 - definition of internal rate of return (=DCF-rate of return); calculation of internal rate of return I Unit 14 Cash flow from investment activities 4 - calculation of internal rate of return II normal investments the net present value function Unit 15 Cash flow from investment activities 5 - definition of pay-back period calculation of pay-back period Unit 16 Cash flow from investment activities 6 - investment calculus based decisions Session 3 Monday, February 11, 2008 Preparation, Test
Vyučovací jazyk
Angličtina
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Předmět je zařazen také v obdobích podzim 2008.