FIUBAPRI Principles of Finance

Obchodně podnikatelská fakulta v Karviné
léto 2022
Rozsah
2/1/0. 5 kr. Ukončení: zk.
Vyučující
Ing. Irena Szarowská, Ph.D., MPA (přednášející)
Garance
Ing. Irena Szarowská, Ph.D., MPA
Katedra financí a účetnictví – Obchodně podnikatelská fakulta v Karviné
Kontaktní osoba: Ing. Irena Szarowská, Ph.D., MPA
Rozvrh
každé sudé úterý 8:05–9:40 A406
  • Rozvrh seminárních/paralelních skupin:
FIUBAPRI/01: každé sudé úterý 9:45–10:30 A406, I. Szarowská
Předpoklady
FAKULTA(OPF) && TYP_STUDIA(B) && (FORMA(P) || FORMA(Z))
The completion of the course does not require any conditions and the course can be enrolled independently of other courses
Omezení zápisu do předmětu
Předmět je nabízen i studentům mimo mateřské obory.
Předmět si smí zapsat nejvýše 24 stud.
Momentální stav registrace a zápisu: zapsáno: 0/24, pouze zareg.: 0/24
Mateřské obory/plány
Cíle předmětu
The goal of the course is to explain basic principles of finance and features of financial system. The course is an introductory course for all economic majors. It covers topics as a conception of money and functions of money, a position and role of financial institutions, financial instruments, and financial markets in a financial system. It considers specific conditions of the Czech Republic transition onto a market economy and recent changes in European Union, respectively in the process of European monetary integration.
Osnova
  • 1. Financial system
    2. Money
    3. Monetary policy
    4. Interest rates
    5. Securities
    6. Financial markets
    7. Financial institutions
    1. Financial system
    Financial system as a complex of financial instruments, financial markets and financial intermediaries. Functions of financial system. Transition of savings into investments. Lenders and borrowers. Types of financial systems. M-system, B-system. Financial system regulation. Information asymmetry.
    2. Money
    Concepts of money, role of money in economy, functions of money. Evaluation of money. Banks and money. Monetary base, money supply, monetary aggregates. Money multiplier. Process of money multiplication. Deposit multiplier. Theory of money and main differencies in theories of money.
    3. Monetary policy
    Definition of monetary policy, its aims. Transmission mechanism of monetary policy. Instruments of monetary policy. Types of monetary policy. Expansive and restrictive monetary policy. Central bank and its independence. Principles of inflation targeting.
    4. Interest rates
    Basics of interest rates. Interest and interest rate. Real and nominal interest rates. Fisher effect. Determinants of interest rates. Term structure of interest rates, normal and inverted yield curve, effect of inflation. Risk and interest rate structure. Interest rates in banking practice. Interest rates of central bank. Interest rates of commercial banks. Time value of money. Present and future value of cash flows.
    5. Securities
    Financial instruments, importance of securities. Money market instruments. Capital market instruments. The basics of equity and debt securities. Shares, types of shares, operations involving shares. Holder rights, returns and risk stemming from shares' ownership. Bonds, types of bonds, operations involving bonds. Returns and risk stemming from bonds' ownership. Treasury bills, commercial papers, bills of exchange. Yield of securities. Bonds and shares evaluation.
    6. Financial markets
    Classification of financial markets. Description of primary and secondary market, equity market, bond market, money and capital markets, stock exchanges and OTC markets. Risk, development and efficiency of financial markets. Trading in financial market. Market capitalization, index. Auctions.
    7. Financial institutions Definition of financial institutions. Classification of financial institutions. Description of depository and non-depository institutions. Banks and their position among other financial institutions. Collective investment, mutual funds, investment companies, investment funds, investment banks. Pension funds.
Literatura
    povinná literatura
  • MISHKIN, F., 2019. The Economics of Money, Banking, and Financial Markets, Global Edition. London: Pearson Education Limited. ISBN 9781292268859.
  • MADURA, J., 2017. Financial Markets and Institutions. 12th ed. Boston: Cengage Learning. ISBN 9781337099745.
    doporučená literatura
  • VINEY, C. a P. PHILLIPS, 2015. Financial Institutions, Instruments & Markets. 8th ed. Sydney: McGraw-Hill Australia. ISBN 9781743079959
  • CECCHETTI, S. a K. L. SCHOENHOLTZ, 2016. Money, Banking and Financial Markets. 5th ed. Boston.: McGraw-Hill. ISBN 9781259746741
  • MISHKIN, F. S. a G. EAKINS, 2018. Financial Markets and Institutions. Global Edition, 9/E. Harlow: Pearson. ISBN 9781292215006.
Výukové metody
Lectures Seminar classes Readings Class discussions Skills demonstration
Metody hodnocení
Ongoing test, written assignments, discussion, final written exam
Vyučovací jazyk
Angličtina
Informace učitele
Evaluation: ongoing test (25%), written assignments (15%), written exam (60%)

Aktivity Náročnost [h]
Ostatní studijní zátěž 66
Přednáška 26
Seminář 13
Zkouška 40
Celkem 145
Další komentáře
Studijní materiály
Předmět je dovoleno ukončit i mimo zkouškové období.
Předmět je vyučován každý semestr.
Předmět je zařazen také v obdobích zima 2014, zima 2015, zima 2016, zima 2017, zima 2018, zima 2019, léto 2020, zima 2020, léto 2021, zima 2021.
  • Statistika zápisu (nejnovější)
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