Study programmes / C-EM Economics and Management / Capital Markets
Course code:KT
Course title in language of instruction:Kapitálové trhy
Course title in Czech:Kapitálové trhy
Course title in English:Capital Markets
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; part-time, 16/0
(full-time, hours of lectures per week / hours of seminars per week; part-time, lectures per period / seminars per period)
Language of instruction:Czech
Level of course:master continuing
Semester:WS 2018/2019 - FBE
Name of lecturer:Ing. Petr Borkovec (instructor, lecturer)
doc. Ing. Svatopluk Kapounek, Ph.D. (supervisor)
Ing. Roman Ptáček, Ph.D. (instructor, lecturer)
prof. Ing. Oldřich Rejnuš, CSc. (examiner, instructor, lecturer)
Ing. Petr Toman, Ph.D. (instructor, lecturer)
Prerequisites:Final Bachelor Exam
 
Aims of the course:In course Capital markets student obtains detailed knowledge in problematic of investment instruments and their analyses. Student will be able to aply theory of portfolio, risk management and hedging by derivatives in practice too. As well student obtains knowledge in problematic of fundraising in the capital markets for strategic development of corporations.
Course contents:
1.Introduction into Capital markets (allowance 4/2)
2.Portfolio and Risk management (allowance 4/2)
3.Stocks, Stock analyses (allowance 4/4)
4.Bonds, Bond analyses (allowance 4/3)
5.Securities of the Collective Investment (allowance 3/0)
6.Structured products (allowance 1/0)
7.Derivatives: advanced level (allowance 4/3)
8.Options for Fundraising in the Capital markets (allowance 4/0)

Learning outcomes and competences:
Generic competences:
 
-ability to analyse and synthesize
-ability to apply knowledge
-ability to work in international context
-ability to work independently
-capacity to learn
-skilled at utilizing and processing information

Specific competences:
 
-Ability to apply portfolio theory and risk management in investment decisions
-Ability to investment analysis in the capital markets
-Knowledge of fundraising options in the capital markets
-Understanding for creation of investment products

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:Basic condition for participation on exam is passing written credit test of 60%.
Following oral exam focuses on application of the theoretical knowledges in practice. The conditions are the same for full-time and distance study as well.
 
Learning activities and study load (hours of study load)
Type of teaching methodDaily attendanceCombined form
Direct teaching
     lecture28 h0 h
     practice28 h0 h
     consultation0 h16 h
Self-study
     preparation for exam32 h66 h
     preparation for regular assessment12 h0 h
     preparation for regular testing20 h0 h
     preparation of presentation20 h0 h
     elaboration and execution of projects0 h58 h
Total140 h140 h

Basic reading list
  • FABOZZI, F. Capital Markets: Institutions, Instruments, and Risk Management. USA: The MIT Press, 2015. 1088 p. ISBN 978-02-6202-948-3.
  • VESELÁ, J. Investování na kapitálových trzích. 2nd ed. Praha: Wolters Kluwer Česká republika, 2011. 789 p. ISBN 978-80-7357-647-9.
Recommended reading list
  • LANDUYT, G. -- JOANNAS, D. -- CHOUDHRY, M. Capital Market Instruments, Analysis and Valuation, Third Edition. London: Wiley and Sons, 2010. 576 p. ISBN 978-0-230-57603-2.
  • SOLNIK, B. Global investments. 6th ed. Boston [u.a.: Pearson [u.a., 664 p. The Prentice Hall series in finance. ISBN 0-321-55212-1.