FIUNANIS Investment Instruments and Strategies

School of Business Administration in Karvina
Summer 2017
Extent and Intensity
2/1/0. 5 credit(s). Type of Completion: zk (examination).
Ing. Tomáš Heryán, Ph.D. (lecturer)
Ing. Michaela Roubíčková, Ph.D. (lecturer)
Ing. Tomáš Heryán, Ph.D. (seminar tutor)
Ing. Michaela Roubíčková, Ph.D. (seminar tutor)
Guaranteed by
Ing. Michaela Roubíčková, Ph.D.
Department of Finance and Accounting - School of Business Administration in Karvina
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
Course objectives
The aim of the course is to provide students with the necessary knowledge in the issue of financial instruments as well as with using selected analytical methods. Theoretical background of fundamental, technical and psychological analysis will be provided and also selected financial derivatives will be described. In globalized world it is also necessary to understand differences between investing into bonds, stocks and commodities. Practically it will be provided basics within using econometrics in EViews software. Time series will be tested whether or not they are stationary, then it will be examined daily returns, correlation analysis and estimated regression models.
  • 1. Efficiency of financial markets
    2. National and international money markets - I.
    3. National and international money markets - II.
    4. Emerging Markets
    5. International diversification
    6. Debtor Securities
    7. Bond analysis
    8. Equity securities
    9. Fundamental and Technical Analysis
    10. Valuation of financial derivatives
    11. Portfolio theory and the capital asset pricing
    12. Financial markets and the real economy
    13. Trading and settlement systems
    required literature
  • HERYÁN, T. and D. STAVÁREK. Influence of the Czech Banks on their Foreign Owners' Interest Margin. 2011. ISBN 2212-5671. info
  • HERYÁN, T. and D. STAVÁREK. Interactions between interest rates in selected euro area countries and in the Czech Republic. 2011. info
  • NOVOTNÝ, J. and J. KUNERT. Central banking in the Czech lands. 2008. ISBN 978-80-87-22507-3. info
  • HEFFERNAN, S.A. Modern banking. 2005. ISBN 0-470-09500-8. info
    recommended literature
  • ELTON, EJ., GRUBER, MJ. Modern Portfolio Theory and Investment Analysis. 6th ed. New York, etc.: John Wiley Sons, 2003. ISBN 0-471-23854-6. info
  • KULHÁNEK, L., POLOUČEK, S., STAVÁREK, D. The Financial and Banking Sectors in Transition Countries. In: POLOUČEK, S. (Ed.) Reforming the Financial Sector in Central European Countries. Basingstoke: Palgrave Macmillan, 2003. ISBN 1-4039-1546-6. info
Teaching methods
Skills demonstration
Seminar classes
Assessment methods
Language of instruction
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Teacher's information
attendance in seminars 25 %, seminar paper, course credit test
ActivityDifficulty [h]
Ostatní studijní zátěž47
The course is also listed under the following terms Summer 2018, Summer 2019.
  • Enrolment Statistics (Summer 2017, recent)
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