Study programmes / B-EMEN Economics and Management / Business Finance
Course code:PNFA
Course title in language of instruction:Business Finance
Course title in Czech:Podnikové finance v AJ
Course title in English:Business Finance
Mode of completion and number of credits:Exam (5 credits)
(1 ECTS credit = 28 hours of workload)
Mode of delivery/Timetabled classes:full-time, 2/2
(full-time, hours of lectures per week / hours of seminars per week)
Language of instruction:English
Level of course:bachelor
Semester:SS 2017/2018 - FBE
Name of lecturer:doc. Ing. Daniela Špirková, PhD. (supervisor)
Prerequisites:not Final Bachelor Exam
 
Aims of the course:Student gains essential knowledge of business finace, basics of financial management and financial decision-making included. Property and financial structures are analysed as well as their influences on business operations. Methods and models of financial analysis are also presented.
Course contents:
1.Introduction to business finance. (allowance 2/2)
 
a.Characteristics of business finance.
b.Financial objectives of a company and hierarchy of financial objectives.
c.Factors of time and risk in financial decision-making.

2.Property structure and financial structure of a company. (allowance 4/2)
3.Basics of financial analysis. (allowance 4/3)
4.Management of current assets, management of liquidity and working capital, management of short-term liabilities, short-term financial plan. (allowance 4/2)
5.Capital planning and investment decision-making. (allowance 4/2)
6.Internal financial resources. (allowance 2/1)
7.External financial resources. (allowance 4/1)
8.Specific forms of funding a company. (allowance 2/0)

Learning outcomes and competences:
Generic competences:
 
-ability to analyse and synthesize
-ability to apply knowledge
-ability to make decisions
-basic computing skills
-communication in second language
-professional knowledge
-skilled at utilizing and processing information

Specific competences:
 
-Student is able to apply the methods of financial analysis.
-Student is able to apply the methods of investment effectiveness evaluation.
-Student is able to describe basic principles of corporate finance.
-Student knows the specifics of different legal forms of business entity.

Type of course unit:required
Year of study:Not applicable - the subject could be chosen at anytime during the course of the programme.
Work placement:There is no compulsory work placement in the course unit.
Recommended study modules:none
Assessment methods:Study of the subject is finalized with exam. Students are continually evaluated during the semester based on elaborated and presented case studies. Seminar part is finished with the credit test. Exam is written. Final mark is composed of results of the exam, results of the credit test and mid-term evaluation.
 
Learning activities and study load (hours of study load)
Type of teaching methodDaily attendance
Direct teaching
     lecture26 h
     practice13 h
Self-study
     preparation for exam56 h
     preparation for regular testing45 h
Total140 h

Basic reading list
  • Corporate financial management. 2. vyd. Upper Saddle River: Pearson/Prentice Hall, 899 p. ISBN 0-13-083226-X.
  • MOYER, R C. -- MCGUIGAN, J R. -- RAO, R P. Fundamentals of contemporary financial management. 2. vyd. Eagan, MN: Thomson/South-Western, 2007. 624 p. ISBN 0-324-40635-5.
  • WACHOVICZ, J. -- VAN HORNE, J. Fundamentals of Financial Management. England: Pearson Education, 2008. 719 p. ISBN 978-0-273-71363-0.
Recommended reading list
  • ARNOLD, G. Corporate financial management. 2. vyd. New York: Financial Times, Prentice Hall, 2001. 1098 p. ISBN 0-273-65148-X.
  • PALEPU, K G. -- BERNARD, V L. -- HEALY, P M. Introduction to Business Analysis and Valuation. Cincinnati: ITP, 1997. ISBN 0-538-84331-4.