Finance

The programme’s goal is to develop students into top specialists in specific scientific disciplines focused on financial systems. Graduates should be ready to take on further scientific careers in academic institutions, but also for possible employment in companies with research facilities. The program covers, among other things, the following research themes in which doctoral students are also trained:

Behavioral Finance - effects of heuristics and biases on investor behavior

Usability of technical and fundamental analysis methods in trading on financial markets

Stock markets volatility and its prediction

Impact assessment of systemically important financial institutions (SIFIs) on the European banking market

Principles, causes, and manifestations of asymmetric information in insurance

The study of the doctoral study program is focused on scientific research and independent creative activity in the field of financial research. The aim is to deepen the knowledge gained by previous studies and to develop the prerequisites and abilities of a creative scientific approach to exploring and solving economic and especially financial issues.

After successfully completing his/her studies the graduate is able to:

• Define the methodology of accounting and taxes, including proposals for modifications of legislation.
• Determine the methodology for the management of banks and insurance companies, optimize management processes in financial institutions, establish risk management methodologies, and determine the ratings of financial institutions.
• Analyse securities, capital and financial markets, make recommendations for optimal financial and investment strategies, methodology, and analysis of foreign exchange markets and financial derivatives.
• Establish financial management methodology for corporations, providing for business and financial risks, making optimal investments, and financial strategies for business corporations.
• Provide students with expert guidance and supervision in the preparation of their theses in the field of finance and accounting.
• Understand the theories, concepts, and methods that represent current industry trends at the international level.
• To independently design and conduct research at all stages.

Graduates of a doctoral degree program are qualified to work especially in research institutes and workplaces or as university lecturers. They are authorized to conduct independent scientific and research activities in basic and applied research. In the most general sense, they are considered qualified for any kind of scientific work, that is dealing with conceptual issues, participating in and managing scientific research activities, and teaching.

Upon graduation, the graduate is capable of independent scientific work dealing with finance issues or gaining highly qualified positions in the field of optimization of management processes in financial institutions, setting of methodology including proposals for regulation of legislative regulations, securing business and financial risks and creation of optimal investment and financial strategy of enterprises. Graduates of the doctoral program are also qualified for research and teaching purposes at colleges and universities.

Practice is not an obligatory part of a study.

Formal and content requirements for dissertation theses are described in the directive of ESF MU:

https://is.muni.cz/auth/do/econ/uredni_deska/predpisy_ESF/smernice/smernice_dekana/prehled/2018/SmerniceDekana2018-12_Pozadavky_na_rozsah_strukturu_a_upravu_DP.pdf