Course syllabus FI2 - Finance II (ŠAVŠ - Sklad předmětů)

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Course title: Finance II
Semester: -- item not defined --
Course supervisor: doc. Ing. Tomáš Krabec, Ph.D., MBA
Supervising department: Department of Finance and Accounting (ŠAVŠ)
Prerequisites for registration: Bachelor state examination
Time allowance: full-time, 2/1 (hours of lectures per week / hours of seminars per week)
part-time, 0/12 (lectures per period / seminars per period)
Type of study: usual
Form of teaching: lecture, seminar
Mode of completion and credits: Exam (4 credits)
Course objective:
Upon successful completition of this course students will be able to understand the current problems of global finance in relation to the valuation of assets and value management. The course covers the most important topics in the field of finance theory and current issues of fiscal and monetary policies and investing in the financial markets. The course extends the interpretation of bachelor studies of more complex methods and models and adds examples from contemporary business practice. In addition to standard theoretical concepts of mainstream financial theory acquaints students with modern approaches and places the issue of functioning in the real world of finance.
Course methods: The course will be conducted through lectures and structured seminars. Active interest of master students more narrowly focused on theoretical and practical problems of finance is assumed, particularly in relation to financial management.
Course content:
1.Financial system - the current perspective on world financial markets . (allowance 2/2)
2.Mainstream Financial Theory Models used for valuation of the assets and their variants (DCF entity, equity, APV ). (allowance 3/3)
3.Company valuation based on capital market data, arbitrage pricing theory. (allowance 2/2)
4.Reconciliation of valuation results of collective assets. (allowance 3/3)
5.Behavioral Theory of the financial markets and investing. (allowance 3/3)
6.Prospect Theory. (allowance 1/1)
7.Relationship of behavioral economics and behavioral finance. (allowance 0/0)
8.Theory of the Firm, microeconomic definition of production factors. (allowance 0/0)
9.Creating and measuring value in relation to the theory of the firm. (allowance 0/0)
10.Valuation of intangible assets - legal, accounting , tax concept. (allowance 0/0)
11.Methodology for valuation of intangible assets. (allowance 0/0)
12.Time reserve. Within one lecture a visit of an expert practitioner is expected. (allowance 0/0)
Learning outcomes and competences:
After completing the course, student:
-Will apply main financial market models in real situations
-Will know the role and importance of financial markets
-Will understand the importance and value creation of intangible assets

Teaching methods and workload (hours of workload):
Type of teaching methodDaily attendanceCombined form
Direct teaching
     Attendance of lectures24 h12 h
     Attendance of courses/seminars/tutorials12 h0 h
     Consultations with teacher (part-time form of study)0 h2 h
     Course reading and ongoing preparation16 h42 h
     Composing of individual (seminar) work16 h14 h
     Composing of presentation16 h14 h
     Preparation for final test14 h14 h
     Preparation for final oral exam14 h14 h
Total112 h112 h
Assessment methods:
Requirement typeDaily attendanceCombined form
Mid-term test(s)64 %30 %
Final test22 %40 %
Final oral exam14 %30 %
Total100 %100 %
Course completion:
Exam prerequisites: Students elaborate selected topic in the form of text output that will be presented in the course to the other participants. Each section (ie. Text and oral presentation) is evaluated by a maximum of 32 points. For the credit one must obtain at least 60% points from every part of the semester individual task. Altogether, it is possible to obtain a maximum of 64 points (part 2 x 32 points). Exam: Written test with open questions, possibly combined with a computational example. Oral examination in the case of ambiguity. From tests it is possible to obtain a maximum of 36 points (3 questions x 12 points). To be counted in the assessment tests overall assessment must
student obtain at least 60% of points (ie eg. to answer one question correctly and completely one part). Evaluation of written tests and assessment tests are added together and enter the total assessment, based on which the final grade is awarded according to the following scale: excellent 90-100 points, 75-89 points very well, good 60-74 points, 59 less failed. Tests must participate and students who obtain full points from the written tests.
Support for combined/distance forms of study:
Teacher´s presentation in the AIS, additional materials and references from current lectures.
Reading list:
Language of instruction: Czech
KOLLER, T. -- WESSELS, D. -- GOEDHART, M. Valuation.: Measuring and Managing the Value of Companies. 4th ed. USA: McKinsey&Company, 2005. 739 p. ISBN 0-471-70218-8.

Forbes, W. Behavioural finance. 1. vyd. UK: Wiley, 2009. 443 s. ISBN 978-0-470-02804-9.
Shefrin, H. Behavioural Corporate Finance. 1. vyd. USA: McGraw-Hill. 224 s. ISBN 0072848650.

Study plans:
N-EM-GPFRE Corporate Finance Management in the Global Environment, full-time form, initial academic year WS 2014/2015
N-EM-FRP Corporate Finance Management in the Global Environment, part-time form, initial academic year WS 2017/2018
N-EM-GPFRE Corporate Finance Management in the Global Environment, full-time form, initial academic year WS 2018/2019
Track NFMPE Corporate Finance in International Business full-time form, initial academic year WS 2019/2020
Track NFMP Corporate Finance in International Business full-time form, initial academic year SS 2019/2020
Run in the period of: SS 2019/2020, WS 2019/2020, SS 2018/2019, WS 2018/2019, SS 2017/2018, WS 2017/2018   (and older)
Course tutor: Ing. Bc. Karina Benetti, Ph.D. (examiner, instructor, lecturer)
doc. Ing. Tomáš Krabec, Ph.D., MBA (supervisor)
Teaching language: Czech, English
Room: Mladá Boleslav

Last modification made by doc. Ing. Tomáš Krabec, Ph.D., MBA on 06/03/2018.

Type of output: