MPF_AFII Financial investments

Ekonomicko-správní fakulta
podzim 2017
Rozsah
2/2/0. 6 kr. Ukončení: zk.
Vyučující
Ing. Dagmar Vágnerová Linnertová, Ph.D. (přednášející)
Ing. Dagmar Vágnerová Linnertová, Ph.D. (cvičící)
Garance
Ing. Dagmar Vágnerová Linnertová, Ph.D.
Katedra financí – Ekonomicko-správní fakulta
Kontaktní osoba: Mgr. Jana Nesvadbová
Dodavatelské pracoviště: Katedra financí – Ekonomicko-správní fakulta
Rozvrh
St 12:50–14:30 S309
  • Rozvrh seminárních/paralelních skupin:
MPF_AFII/01: St 14:35–16:15 S309, D. Vágnerová Linnertová
Předpoklady
(! BPF_FIIN The Financial Investment ) && (! MPF_FIIN Finanční investování )
Omezení zápisu do předmětu
Předmět je určen pouze studentům mateřských oborů.

Jiné omezení: Nezapisují si studenti, kteří absolvovali předmět PFFINV nebo PFFINVA nebo BPF_FIIN nebo MPF_FIIA nebo MPF_FIIN.
Mateřské obory/plány
Cíle předmětu
The aim of the course is to deeper knowledge about the financial market, its components and products. The financial instruments are analyzed with impact on their role in financing process and with respect of problem of valuation and risk.
Výstupy z učení
At the end of the course students should be able to:
- describe the advantages and drawbacks of financial products;
- define the current trends in investment;
- compare active and passive investment;
- characterize individual passive investment products;
- describe individual investment strategies;
- characterize investing in stocks, bonds, currencies, financial derivatives, real assets, collective investment and alternative investment;
- define the basics of the modern portfolio theory;
- summarize basic principles of diversification.
Osnova
  • Lectures:
  • 1. Market Organization and Structure
  • 2. Security Market Indices
  • 3. Market Efficiency
  • 4. Technical Analysis
  • 5. Fixed - Income Securities – Defining Elements, Issuance, Trading and Funding
  • 6. Fixed - Income Valuation
  • 7. Fixed – Income return and risk
  • 8. Portfolio Management—Part I
  • 9. Portfolio Management—Part II
  • 10. Introduction to Asset-Backed Securities
  • 11. The Arbitrage-Free Valuation Framework
  • 12. The Theory of Active Portfolio Management
  • 13. Summary of Investments
  • Seminars:
  • 1.Introduction of the course, Market Organization and Structure
  • 2. Security Market Indices
  • 3. Market Efficiency
  • 4. Technical Analysis
  • 5. Test no 1
  • 6. Fixed - Income Securities – Defining Elements, Issuance, Trading and Funding
  • 7. Fixed - Income Valuation
  • 8. Fixed – Income return and risk
  • 9. Fixed-Income Portfolio Management—Part I
  • 10. Fixed-Income Portfolio Management—Part II
  • 11. Test no 2
  • 12. Introduction to Asset-Backed Securities
  • 13. Final seminar
Literatura
    povinná literatura
  • REILLY, Frank K. a Keith C. BROWN. Analysis of investments & management of portfolios. 10th ed. Australia: South-Western Cengage Learning, 2012, xxvi, 1066. ISBN 9780538482486. info
  • BODIE, Zvi, Alex KANE a Alan J. MARCUS. Investments. 6th ed. Boston: McGraw-Hill, 2005, xxx, 1090. ISBN 0072861789. info
    doporučená literatura
  • MICHAEL, McMillan a Gerhard PINTO. Investments: Principles of Portfolio and Equity Analysis. CFA Institute Investment Series Set, 2011. ISBN 978-0-470-91580-6. info
  • MISHKIN, Frederic S. a Stanley G. EAKINS. Financial markets and institutions. 6th ed. Boston: Pearson Prentice Hall, 2009, xxxix, 675. ISBN 9780321374219. info
  • MISHKIN, Frederic S. The economics of money, banking and financial markets. 7th ed. Boston: Addison-Wesley, 2004, xxxix, 679. ISBN 0-321-12235-6. info
Výukové metody
lectures, seminars - processing and presentation of a seminar project, class discussion
Metody hodnocení
The course is completed by a written exam (maximum 30 points).
It is necessary to fulfil followings requirements:
Requirements for students:
Writting two in term tests according the schedule (information in study materials ppt no1, 20 points per each test). Points are added to the final evaluation. Total number of points from both tests: 40 points.
In the seminars are solved exercises that correspond with topics presented by lecturer (with one week delay). The exercises are solved in pairs and are delivered at the end of the lecture to the instructor. The instructor evaluates the exercise (2 points for 100 – 80 %, 1 point for 79 – 60 % or 0 point for 59 – 0 % of an exercise properly) and returns to students in the next lecture. The points from seminars are added to the final evaluation. Total numbers of points from excercies: 22 points.
Presentation of an paper (case study) in the regular terms, maximum points from presentation 12 points.
Final evaluation:
A 92 – 100 %, B 84 – 91 %, C 76 – 83 %, D 68 – 75 %, E 60 – 67 %, F less than 60 %
If a student commits a prohibited act, such as using various forbidden tools (e.g. cheatsheets), cribbing, taking out any part of the test or any other form of cheating, the teacher is allowed to interrupt the test and to grade the student with F according to the seriousness of the offence. The described procedure applies to all the activities that are included in the final evaluation of the course (semester paper).
Vyučovací jazyk
Angličtina
Další komentáře
Studijní materiály
Předmět je vyučován každoročně.
Nachází se v prerekvizitách jiných předmětů
Předmět je zařazen také v obdobích podzim 2010, podzim 2011, podzim 2012, podzim 2013, podzim 2014, podzim 2015, podzim 2016, podzim 2018, podzim 2019, podzim 2020, podzim 2021, podzim 2022, podzim 2023, podzim 2024.