ESF:BPF_ZAFI Basic Finance - Course Information

BPF_ZAFI Basic Finance

Extent and Intensity

2/0/0. 4 credit(s). Type of Completion: zk (examination).

Teacher(s)

Oleg Deev, Ph.D. (lecturer)
doc. Ing. Tomáš Plíhal, Ph.D. (lecturer)
Ing. Martina Sponerová, Ph.D. (lecturer)

Guaranteed by

doc. Ing. Tomáš Plíhal, 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

Mon 14:00–15:50 P101, except Mon 12. 9., except Mon 31. 10.

Prerequisites (in Czech)

! MPF_AFIN Finance (Basics)

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 12 fields of study the course is directly associated with, display

Course objectives

Basic Finance is a balanced first course in finance that offers students perspectives on financial markets and institutions, the world of investments, and the concepts and applications of business financial management. For the student who does not plan to take additional courses in finance, this course provides a valuable overview of the discipline's major concepts. For the student who wants to take additional courses in finance, the overview presented provides a solid foundation upon which future courses can build.

It provides a basic understanding of the complex world of finance that covers an introduction to financial markets, investments, and financial management or business finance. Students will gain an integrated perspective of the interrelationships among these three areas. They will appreciate how businesses and individuals are affected by markets and institutions, as well as of how markets and institutions can be used to meet the goals of individuals or firms.

Learning outcomes

By learning about markets (including gaining knowledge about institutions), investments, and management as the three major strands of finance, students will finish their course with a greater understanding of how these three fields interrelate. Financial markets will be seen as the arena to which businesses and financial institutions go to raise funds, and as the mechanism through which individuals can invest their savings to meet their future goals. The topic of investments is important in facilitating the savings–investment process. Understanding the trade-off of risk and return, as well as the valuation of bonds and stocks, is essential to investors and businesses raising financial capital. Understanding how securities markets work is equally important. Financial management uses information it obtains from securities and other financial markets to efficiently and profitably manage assets and to raise needed funds in a cost-efficient manner. The students will receive a practical introduction to the different disciplines of finance and will better appreciate the relationships among them.

Syllabus

• 1.The Financial Environment
  2.Money and the Monetary System
  3.Banks and Other Financial Institutions
  4.International Finance and Trade
  5.Savings and Investment Process, Interest Rates
  6.Time Value of Money
  7.Bonds and Stocks
  8.Securities and Markets
  9.Financial Return and Risk Concepts
  10.Financial Data and Financial Analysis
  11.Working Capital and Short-Term Business Financing
  12.Capital Structure and the Cost of Capital
  

Literature

recommended literature
• MELICHER, Ronald W. and Edgar NORTON. Introduction to finance : markets, investments, and financial management. Seventeenth edition. Hoboken: Wiley, 2020, xxix, 613. ISBN 9781119561170. info
• 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
• VESELÁ, Jitka. Investování na kapitálových trzích. 3. vydání. Praha: Wolters Kluwer, 2019, 950 stran. ISBN 9788075982124. info
• MISHKIN, Frederic S. and Stanley G. EAKINS. Financial markets and institutions. Ninght edition, global editi. Harlow, England: Pearson, 2018, 688 stran. ISBN 9781292215006. info
• VERNIMMEN, Pierre. Corporate finance: Theory and Practice. 2017th ed. John Wiley & Sons, 2017. 5. vyd. ISBN 978-1-119-45180-8. info

Teaching methods

Lectures, reading, class discussion.

Assessment methods

The course is completed by a written exam, max 100 points. The final grade is based on the following scale:
A 100 – 91, B 90 – 81, C 80 – 71, D 70 – 61, E 60 – 51, F 50 - 0

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.

Language of instruction

Czech

Further comments (probably available only in Czech)

Study Materials
The course is taught annually.
Credit evaluation note: K=1,0.

Listed among pre-requisites of other courses

• BPF_AFIN Finance (Basics)
  (!BPF_ZAFI) && (!MPF_AFIN) && (!BPF_AFIC) && (!NOWANY(BPF_ZAFI,BPF_AFIC))  

• Enrolment Statistics (Autumn 2022, recent)
  
• Permalink: https://is.muni.cz/course/econ/autumn2022/BPF_ZAFI