OPF:FIUBABFA Business Finance - Course Information

FIUBABFA Business Finance

Extent and Intensity

2/1/0. 5 credit(s). Type of Completion: zk (examination).

Teacher(s)

Ing. Tomáš Heryán, Ph.D. (lecturer)
Ing. Tomáš Heryán, Ph.D. (seminar tutor)

Guaranteed by

Ing. Tomáš Heryán, Ph.D.
Department of Finance and Accounting – School of Business Administration in Karvina
Contact Person: Ing. Irena Szarowská, Ph.D., MPA

Timetable

Thu 12:15–13:50 B208, except Thu 26. 9., except Thu 10. 10. ; and Tue 5. 11. 8:05–9:40 B208, Tue 12. 11. 8:05–9:40 B208

• Timetable of Seminar Groups:

FIUBABFA/01: Thu 13:55–14:40 B208, except Thu 26. 9., except Thu 17. 10. ; and Tue 5. 11. 9:45–10:30 B208, Tue 12. 11. 9:45–10:30 B208, T. Heryán

Prerequisites (in Czech)

FAKULTA(OPF) && TYP_STUDIA(B) && FORMA(P)

Course Enrolment Limitations

The course is offered to students of any study field.
The capacity limit for the course is 24 student(s).
Current registration and enrolment status: enrolled: 0/24, only registered: 0/24

Course objectives

The aim of the course is to provide students with essential knowledge in corporate finance. The students will gradually get acquainted with principles of financial management, investment decision and project valuation, measuring risk of investments, short-term and long-term financing. The attention will be paid on foundations of dividend policy.

Syllabus

• 1. Corporate Finance Development
  Types of business by the organization. The emergence and development of corporations. Corporate finance and financial management. The concept of corporate finance in a market economy. Company goal. Managerial theories of a firm, simple management model, full cost model, behaviorist theories of the firm, employee theory of the company.
  2. Time value of the money
  Understanding of time and its impact on money has a crucial role in the modern world. If we are talking about possibilities to compare two particular cash flows in future or how to select right opportunity to save money against to inflation, the present as well as future value, both have the same importance.
  3. Corporate financing
  Own and foreign sources, long-term and short-term, their basic characteristics, advantages, and disadvantages. In other words for any company is necessary to finance its activities. Each type of financing, securities as stocks, bonds, bank loans or a specific type as accruals, would be beneficial for a company. Annuity cash flows.
  4. Evaluation investments
  Evaluation aspects. Yield, risk, liquidity. Net present value method. Method of internal rate of return. Profitability index method. Maturity method. Average return method to book value. Advantages and disadvantages of individual methods. Uncertainty. Probability Determination Methods. Risk of an individual asset. Portfolio risk consisting of two assets.
  5. Financial management
  Types of representative conflicts, representative costs, motivational mechanisms. Information asymmetry. Management models of a joint stock company, Anglo-American model, continental-European model. Types of dividends. Definition of dividend and its breakdown - by type of share to which they are paid, by dividend form, by payout interval.
  

Literature

required literature
• ROSS, S. A., R. W. WESTERFIELD, J. JAFFE and B. D. JORDAN, 2019. Corporate Finance. 12. vyd. New York, NY: McGraw-Hill Education. ISBN 978-1-2599-1894-0.
• BERK, J. and P. DeMARZO, 2017. Corporate Finance, Global Edition. 4 vyd. Essex: Pearson Education. ISBN 978-1-292-16016-0.

recommended literature
• HALTOFOVÁ, P., 2014. Case Studies in Financial Management. Karviná: Slezská univerzita, Obchodně Podnikatelská fakulta. ISBN 978-80-7510-028-3.
• BERK, J. and P. DeMARZO, 2017. Corporate Finance, Global Edition. 4 vyd. Essex: Pearson Education. ISBN 978-1-292-16016-0.
• SWEENEY, P. D., McFARLIN, D. B. 2014. International Management: Strategic Opportunities and Cultural Challenges. New York: Taylor & Francis. ISBN 978-0-415-82528-3.

Teaching methods

Skills demonstration
Seminar classes

Assessment methods

Written exam

Language of instruction

English

Further comments (probably available only in Czech)

Study Materials
The course can also be completed outside the examination period.

Teacher's information

Conditions: Seminar paper, ongoing test, written final exam
Share in the course´s evaluation: Seminar paper (20% of the evaluation), Compulsory attendance at seminars 60 % (10% of the evaluation), ongoing test (10% of the evaluation), written final exam (60% of the evaluation)

Aktivity	Náročnost [h]
Ostatní studijní zátěž	66
Přednáška	26
Seminář	13
Zkouška	40
Celkem	145

• Enrolment Statistics (recent)
  
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