Course syllabus PNF - Business Finance (FBE - SS 2019/2020)


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Course code: PNF
Course title in Czech: Business Finance
Course title in English:
Business Finance
Semester:
SS 2019/2020
Mode of completion and number of credits:
Exam (5 credits)
Mode of delivery and timetabled classes:
full-time, 2/2 (hours of lectures per week / hours of seminars per week)
part-time, 16/0 (lectures per period / seminars per period)
Level of course:
bachelor
Course type:
required
Type of delivery:
usual, consulting
Mode of delivery for our mobility students abroad: -- item not defined --
Language of instruction:
Czech
Course supervisor:
doc. Ing. Daniela Špirková, PhD.
Course supervising department:
Faculty:
Teachers:
Ing. Andrea Martinčič (examiner, instructor)
Ing. Alena Melicharová, Ph.D. (examiner, instructor)
Ing. Marie Poláchová, Ph.D. (examiner, instructor)
Ing. Marcel Ševela, Ph.D. (examiner, instructor)
doc. Ing. Daniela Špirková, PhD. (examiner, lecturer, supervisor)
Ing. Jana Štěpánková, Ph.D. (examiner, instructor)
Ing. Jan Vavřina, Ph.D. (tutor)
Prerequisites:
not Final Bachelor Exam
 
Timetable in this semester:
DayFrom-tillRoomTeacherEntryFrequencyCapacityNote
Monday9.00-10.50Q35
Seminar
Every week27
 
Monday
13.00-14.50
Q35SeminarEvery week27
 
Monday
15.00-16.50
Q35Seminar
Every week
27
 
Monday
17.00-18.50
Q35
M. ŠevelaSeminar
Every week
27
 
Tuesday
15.00-16.50
Q35SeminarEvery week
27
 
Tuesday
17.00-18.50Q35M. ŠevelaSeminarEvery week27
 
Wednesday
11.00-12.50
Q01D. Špirková
Lecture
Every week361 
Wednesday
11.00-12.50Q35M. PoláchováSeminarEvery week
27
Wednesday
13.00-14.50
Q01
D. Špirková
Lecture
Every week
361
 
Wednesday13.00-14.50
Q35
Seminar
Every week
27
 
Wednesday
15.00-16.50
Q35
A. Martinčič
Seminar
Every week
27
 
Thursday9.00-10.50
Q35
M. Poláchová
Seminar
Every week27
Thursday
11.00-12.50
Q35
Seminar
Every week
27
 
Thursday15.00-16.50Q35
Seminar
Every week
27
 
Thursday
17.00-18.50
Q35
A. MartinčičSeminar
Every week
27
 
Friday9.00-10.50
Q35
M. Poláchová
Seminar
Every week
27
 
Friday11.00-12.50Q35M. Poláchová
Seminar
Every week
27
 
Saturday8.00-11.50Q32Lecture
Occasionally
58 
 
Aim of the course and learning outcomes:
The student will obtain basic knowledge of corporate finance, including the basis of financial management and decision making. The aim of the subject is to learn to read and interpret corporate finance data, based on them to prepare the basis for decision making in corporate finance. The students will be also able to assess and optimize the overall financial situation of a company and its partial components.
 
Course content:
1.
Introduction to business finance. (allowance 2/2)
 
a.
Role of financial management.
b.
Financial objectives of a company and hierarchy of financial objectives.
c.
Financing rules.

2.Information for financial management Company assets and liabilities. (allowance 4/2)
 
a.
Structure of assets and liabilities.
b.
Profit/loss recording.
c.
Cash-flow, methods of calculation.
d.
External sources.

3.
Sources and forms of short-term financing. (allowance 2/2)
 
a.
Short-term financing, business loans.
b.Short-term bank loans, other short-term liabilities.

4.Long-term financing. (allowance 4/2)
 
a.
Depreciation and other form of internal financing.
b.
Risk capital.
c.
Other sources of external financing, lease, subsidy.

5.Current assets management. (allowance 4/6)
 
a.Structure and extent, optimal value.
b.Stock, loan, credit and cash management.
c.Current assets and liquidity.

6.
Financial analysis. (allowance 4/6)
 
a.
Indicatiors of rentability, liquidity, turn-over, indebtness and firm value.
b.
Interpretation of financial indicators, financial health.
c.Systems of financial indicators.

7.
Financial planning. (allowance 2/0)
 
a.
Financial aims, financial process.
b.
Long-term and short-term financial planning.

8.Capital and investment decision making. (allowance 2/4)
 
a.
Financial criteria of investment.
b.
Risk analysis.
c.
Investment life-cycle

9.Special forms of financing, financing during firm life-cycle. (allowance 2/2)
10.
Firm set-up and start-up costing and planned accounting statements. (allowance 2/2)
Learning activities and teaching methods:
Type of teaching method
Daily attendance
Combined form
lecture
28 h
16 h
practice28 h0 h
preparation for exam
40 h
124 h
preparation for regular testing
44 h
0 h
Total
140 h
140 h
 
Assessment methods:
The assessment in the course of educational part of semester is based on two written tests. To pass the assessment, a student shall gain at least 25 points in total of 50 points available.

A student shall write the in-the-course tests in seminars he is enrolled in. Substitutive terms for written tests (only for students excused properly according to the study and examination rules) will take place 1-2 weeks after the regular ones.

If a student fails in gaining at least 25 points in sum from both in the course written tests, he can twice re-sit the written test. The terms of re-sit will take place in the beginning of examination part of semester. The re-sit covers all seminar topics. A student is required obtain at least half of 50 points available to pass a resit. Passing a re-sit, a student gains always 25 points no matter to the really obtained points.

The exam has written form. Ordinarily a student shall answer open questions, solve the tasks by reasoning or interpreting data, deal with exercises and handle similar tasks. A student shall apply for the exam thought University information system only after obtaining the in-the-course assessment.

To pass the exam, a student shall obtain at least 25 points of 50 points available. Obtaining only 20-24 points, a student can take part in supplementary oral examination to determine the final grade. Obtaining 19 points or less, a student fails the exam.

The final grade depends on sum of points obtained within in-the-course assessment and points obtained at written exam in the following way: A=100-85, B=85-75, C=74-65, D=64-55, E=54-50.

For a part-time student, there is no assessment in the course of educational part of the semester. To determine the final grade, a number of points obtained at written exam is doubled.
 
Assessment criteria ratio:
Requirement type
Daily attendance
Combined form
Total
0 %
0 %
 
Recomended reading and other learning resources:
Basic:
KALOUDA, F. Finanční analýza a řízení podniku. Plzeň: Vydavatelství a nakladatelství Aleš Čeněk, 2016. ISBN 978-80-7380-591-3.
MAREŠ, D. Nové trendy ve financích a ekonomice. 1st ed. Wolters Kluwer, 2017. 217 p. ISBN 978-80-7552-920-6.
KNÁPKOVÁ, A. -- PAVELKOVÁ, D. -- REMEŠ, D. -- ŠTEKER, K. Finanční analýza: komplexní průvodce s příklady. 3rd ed. Praha: Grada Publishing, 2017. 228 p. Prosperita firmy. ISBN 978-80-271-0563-2.

Recommended:
KRECHOVSKÁ, M. -- HRDÝ, M. Podnikové finance v teorii a praxi. Praha: Wolters Kluwer, 2013. 267 p. ISBN 978-80-7478-011-0.
BŘEZINOVÁ, H. Rozumíme účetní závěrce podnikatelů. 2nd ed. Wolters Kluwer, 2017. 213 p. Účetnictví. ISBN 978-80-7552-603-8.
BERK, J B. -- DEMARZO, P M. Corporate finance. 1104 p. Pearson series in finance. ISBN 978-0-273-79202-4.

Course listed in study plans for this semester:
Field of study B-EM-ME Economics and Management, part-time form, initial period WS 2018/2019
Field of study B-EM-ME Economics and Management, full-time form, initial period SS 2018/2019
Field of study B-EM-TM Tourism Management, full-time form, initial period WS 2019/2020
Field of study B-EM-SE Social economics, full-time form, initial period WS 2019/2020
Field of study B-EM-ME Economics and Management, full-time form, initial period WS 2019/2020
Field of study B-EM-TM Trade management, full-time form, initial period WS 2019/2020
 
Course listed in previous semesters:
WS 2019/2020, SS 2018/2019, WS 2018/2019, SS 2017/2018, WS 2017/2018, SS 2016/2017 (and older)
Teaching place:
Brno


Last modification made by Ing. Jiří Gruber on 12/04/2019.

Type of output: