Course syllabus FRP - Corporate Finance Management (ŠAVŠ - Sklad předmětů)

     Czech          English          

Course title: Corporate Finance Management
Semester: -- item not defined --
Course supervisor: doc. Ing. Romana Čižinská, Ph.D.
Supervising department: Department of Finance and Accounting (ŠAVŠ)
Prerequisites for registration: not Bachelor state examination
Time allowance: full-time, 2/2 (hours of lectures per week / hours of seminars per week)
part-time, 0/16 (lectures per period / seminars per period)
Type of study: usual
Form of teaching: lecture, seminar
Mode of completion and credits: Exam (5 credits)
Course objective:
The goal of the course is to get students acquainted with the key terms and methods of financial decision making within companies. Students will display the knowledge and skills necessary for a financial manager (CFO).
 
Course methods: The full-time course consists of theoretical lectures and seminars. During the term, several case studies and exercises are elaborated. For students in the part-time form of study, the course is lectured in four tutorial sessions (4 x 45 minutes each) and in individual sessions with the lecturer (if necessary).
 
Course content:
1.An Overview of Financial Management; Financial Management Principles (allowance 3/3)
 
a.Financial Goals of the Company
b.Principles of Financial Management
c.Time Value of Money
d.Impact of Taxation on Financial Management

2.Sources of Information for Financial Management (allowance 2/3)
 
a.Interrelationship of Financial Statements
b.Profit Versus Cash Flow
c.Direct And Indirect Cash Flow Method

3.Financial Market and Long Term Financing (allowance 4/4)
 
a.Segments of the Financial Market; Financial Intermediaries
b.Financial Instruments
c.Sources of Financing from the Financial Market

4.Financial Structure and Capital Structure (allowance 2/2)
 
a.Cost of Debt and Equity
b.Weighted Average Cost of Capital (WACC)
c.Optimal Capital Structure

5.Capital Budgeting and Investment Decisions (allowance 4/2)
 
a.The Investing Trinity: Risk, Liquidity and Return
b.Portfolio Theory
c.Classification of Investments
d.Capital Expenditures and Cash Flows from Investing Activities
e.Investment Evaluation Techniques

6.Working Capital Management and Short Term Financing (allowance 4/3)
 
a.Credit Management
b.Inventory Management
c.Cash Management
d.Short Term Financing

7.Analysis of Financial Statements; Financial Planning (allowance 3/5)
 
a.Financial Ratios and Their Interpretation
b.The Essence and Importance of Financial Planning
c.Financial Forecasting using Percent of Sales Method

8.Company Valuation (allowance 2/2)
 
a.Subject, Object and Purpose of Valuation
b.Valuation Approaches and Methods

 
Learning outcomes and competences:
After completing the course, student:
 
-Will argue an optimal level of the net working capital of the company
-Will choose appropriate information for the investment decision making and assess the investment efficiency
-Will list and define sources of company financing from the financial market and suggest optimal capital structure
-Will produce and interpret the cash flow statement
-Will produce financial plan and breakdown financial health using the basic financial analysis methods

Teaching methods and workload (hours of workload):
Type of teaching methodDaily attendanceCombined form
Direct teaching
     Attendance of lectures24 h16 h
     Attendance of courses/seminars/tutorials24 h0 h
     Consultations with teacher (part-time form of study)0 h4 h
Self-study
     Course reading and ongoing preparation32 h12 h
     Ongoing evaluation32 h40 h
     Preparation for final test14 h40 h
     Preparation for final oral exam14 h28 h
Total140 h140 h
 
Assessment methods:
Requirement typeDaily attendanceCombined form
Mid-term test(s)50 %50 %
Final test40 %40 %
Final oral exam10 %10 %
Total100 %100 %
 
Course completion:
1) Completion of the two component (midterm) tests is necessary. The midterm covers numerical cases according to the materials in AIS. Minimum of 50 % is required to pass the component tests' part. Total Score is 25 points for each test at the maximum (i.e. 2 x 25 points).
2) Written test containing theoretical tasks/questions (upon successful completion of mid-term requirements). Total Score is 50 points at the maximum. Oral exam follows, but is not necessary in the case of excellent results of written exam. See AIS for the list of questions (tasks).

Final Grade is computed based on the following formula: Two midterm tests (maximum of 50 points) + Final Exam (maximum of 50 points) = maximum of 100 points. The grading scale is as follows:
90 - 100 points = 1
75 - 89 points = 2
60 - 74 points = 3
59 and less = fail
 
Support for combined/distance forms of study:
Educational and supporting study materials distributed through the AIS.
 
Reading list:
Basic:
Language of instruction: Czech
ČIŽINSKÁ, R. Základy finančního řízení podniku. Praha: Grada, 2018. 240 p. ISBN 978-80-271-0194-8.
Language of instruction: English
ALLEN, F. -- MYERS, S C. -- BREALEY, R A. Principles of Corporate Finance. Twelfth Edition. New York: McGraw-Hill Education, 2016. 976 p. ISBN 978-1-259-14438-7.

Recommended:
Language of instruction: Czech
KISLINGEROVÁ, E. Manažerské finance.: 3. vydání +CD. 3rd ed. Praha: C.H.BECK, 2010. ISBN 978-80-7400-194-9.
MRKVIČKA, J. -- STROUHAL, J. Manažerské finance. 3rd ed. Praha: Institut certifikace účetních, 2014. 332 p. ISBN 978-80-86716-92-3.
Language of instruction: English
BRIGHAM, E F. -- EHRHARDT, M C. Financial Management.: Theory and Practice. 13th ed. Mason: South-Western Cengage Learning, 2011. ISBN 978-1-4390-7809-9.

Study plans:
B-EM-EOE Business Administration and Sales, full-time form, initial academic year WS 2012/2013
B-EM-FME Business Administration and Financial Management, full-time form, initial academic year WS 2012/2013
B-EM-BAL Business Administration and Operations, Logistics and Quality Management, full-time form, initial academic year WS 2013/2014
B-EM-BAL Business Administration and Operations, Logistics and Quality Management, part-time form, initial academic year WS 2013/2014
B-EM-PERLZ Business Administration and Human Resources Management, full-time form, initial academic year WS 2015/2016
B-EM-EOE Business Administration and Sales, full-time form, initial academic year WS 2016/2017
B-EM-FME Business Administration and Financial Management, full-time form, initial academic year WS 2016/2017
B-EM-FAM Business Administration and Financial Management, full-time form, initial academic year WS 2018/2019
B-EM-FAM Business Administration and Financial Management, part-time form, initial academic year WS 2018/2019
B-EM-PERLZ Business Administration and Human Resources Management, full-time form, initial academic year WS 2018/2019
B-EM-FME Business Administration and Financial Management, full-time form, initial academic year WS 2018/2019
B-EM-FAM Business Administration and Financial Management, full-time form, initial academic year WS 2018/2019
B-EMCZ Economics and Management, part-time form, initial academic year WS 2018/2019
B-EM-BAL Business Administration and Operations, Logistics and Quality Management, part-time form, initial academic year WS 2018/2019
B-EM-BAS Business Administration and Sales, part-time form, initial academic year WS 2018/2019
B-EM-PERLZ Business Administration and Human Resources Management, full-time form, initial academic year WS 2018/2019
B-EM-BAL Business Administration and Operations, Logistics and Quality Management, full-time form, initial academic year WS 2018/2019
B-EM-EOE Business Administration and Sales, full-time form, initial academic year WS 2018/2019
B-EM-BAS Business Administration and Sales, full-time form, initial academic year WS 2018/2019
B-PEMI Podniková ekonomika a manažerská informatika, full-time form, initial academic year WS 2018/2019
B-EMCZ Economics and Management, full-time form, initial academic year WS 2019/2020
B-EMCZ Economics and Management, full-time form, initial academic year WS 2019/2020
B-EMCZ Economics and Management, part-time form, initial academic year WS 2019/2020
B-EMCZ Economics and Management, part-time form, initial academic year WS 2019/2020
B-EMEN Economics and Management, full-time form, initial academic year WS 2019/2020
B-PEMI Podniková ekonomika a manažerská informatika, full-time form, initial academic year WS 2019/2020
 
Run in the period of: WS 2019/2020, SS 2018/2019, WS 2018/2019, SS 2017/2018, WS 2017/2018, SS 2016/2017   (and older)
Course tutor: Ing. Bc. Karina Benetti, Ph.D. (examiner, instructor)
Bc. Ing. Dagmar Čámská, Ph.D. (examiner, instructor, lecturer)
doc. Ing. Romana Čižinská, Ph.D. (supervisor)
Ing. Šárka Hyblerová, Ph.D. (examiner, instructor, lecturer)
Teaching language: Czech, English
Room: Mladá Boleslav


Last modification made by doc. Ing. Romana Čižinská, Ph.D. on 08/25/2019.

Type of output: