B_FKT Financial and capital markets

Institute of Technology and Business in České Budějovice
summer 2026
Extent and Intensity
2/2/0. 5 credit(s). Type of Completion: zk (examination).
Teacher(s)
doc. Mgr. Petr Šuleř, PhD. (seminar tutor)
Ing. Jan Vokoun (seminar tutor)
Guaranteed by
doc. Mgr. Petr Šuleř, PhD.
Department of Corporate Finance and Economics – School of Expertness and Valuation – Rector – Institute of Technology and Business in České Budějovice
Supplier department: School of Expertness and Valuation – Rector – Institute of Technology and Business in České Budějovice
Timetable of Seminar Groups
B_FKT/K06: Sun 22. 2. 9:40–11:10 D616, Sun 22. 3. 8:00–12:30 D616, Sat 28. 3. 13:05–17:35 D616, Sat 16. 5. 14:50–16:20 D616, P. Šuleř
B_FKT/P01: Wed 16:30–18:00 B1, P. Šuleř
B_FKT/S01: Fri 13:05–14:35 D515, J. Vokoun
B_FKT/S02: Fri 8:00–9:30 I201, J. Vokoun
B_FKT/S05: Fri 9:40–11:10 I316, J. Vokoun
Prerequisites
Students should possess fundamental knowledge of microeconomics, macroeconomics, and corporate finance, including understanding financial statements and key indicators. They are expected to apply mathematical and statistical methods, particularly in calculating interest rates, returns, and risks. Ability to work with demo versions of financial applications and data analysis tools is required. Familiarity with using Artificial Intelligence (AI) for predictions, trend analysis, or automation of calculations is an advantage. Emphasis is placed on practical aspects such as data interpretation and applying methods in real-world scenarios.
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives supported by learning outcomes
The aim of the course is to explain the importance of financial and capital markets for the company. The course focuses on raising capital, individual instruments of financial and capital markets. The student will also gain an overview of the organization of financial and capital markets. Upon successful completion of the course, the student understands the functioning and organization of financial markets and monetary policy at the macroeconomic and microeconomic level; explain the function and nature of money; describe the mechanism of monetary, exchange rate and fiscal policy; value financial instruments and financial derivatives. Understand the functioning of capital markets; understand the function of capital markets in a market economy; calculates the return, risk and liquidity of various investment instruments; applies the basic methods, tools and principles of technical and psychological analysis in capital markets; describe and compare selected world stock markets.
Learning outcomes
Upon successful completion of the course, the student:
1. understands the basics of the functioning of capital markets,
2. understands the basics of the functioning of financial markets,
3. understands the importance of financial derivatives,
4. analyzes the capital structure of the company in order to identify business needs,
5. manages the company's cash flow,
6. values ​​equity and debt securities,
7. values ​​financial derivatives,
8. analyzes the development of the price of securities.
Syllabus
  • Lectures
  • 1. The role of financial markets and financial institutions in the economy. The essence, functions, structure and importance of financial markets.
  • 2. Definition, creation and extinction of money.
  • 3. Banking system - central bank, commercial banks and payment systems.
  • 4. Monetary policy.
  • 5. Transmission mechanism of monetary policy.
  • 6. Exchange rate policy.
  • 7. The essence, function, structure and importance of capital markets. Allocation savings, characteristics of capital markets, structure of capital markets, position of capital markets in economies.
  • 8. Regulation and supervision of capital markets - reasons for regulation and supervision, methods and tools of regulation and supervision, regulation and supervision in the Czech Republic Republic.
  • 9. Stock markets. Valuation of shares. Basic principles of fundamental, technical and psychological stock analysis. Theory of efficient markets.
  • 10. Bond markets. Bond valuation and basic principles of bond analysis.
  • 11. Financial derivatives markets - options, futures, swaps, warrants.
  • 12. Primary and secondary markets. Exchange and over-the-counter markets. Exchange system and its elements.
  • 13. Prague Stock Exchange. RM-system and world stock exchange centers - NYSE, LSE, TSE, EURONEXT.
  • Seminars
  • 1. The role of financial markets and financial institutions in the economy. The essence, functions, structure and importance of financial markets.
  • 2. Definition, creation and extinction of money.
  • 3. Banking system - central bank, commercial banks and payment systems.
  • 4. Monetary policy.
  • 5. Transmission mechanism of monetary policy.
  • 6. Exchange rate policy.
  • 7. The essence, function, structure and importance of capital markets. Allocation savings, characteristics of capital markets, structure of capital markets, position of capital markets in economies.
  • 8. Regulation and supervision of capital markets - reasons for regulation and supervision, methods and tools of regulation and supervision, regulation and supervision in the Czech Republic Republic.
  • 9. Stock markets. Valuation of shares. Basic principles of fundamental, technical and psychological stock analysis. Theory of efficient markets.
  • 10. Bond markets. Bond valuation and basic principles of bond analysis.
  • 11. Financial derivatives markets - options, futures, swaps, warrants.
  • 12. Primary and secondary markets. Exchange and over-the-counter markets. Exchange system and its elements.
  • 13. Prague Stock Exchange. RM-system and world stock exchange centers - NYSE, LSE, TSE, EURONEXT.
Literature
    required literature
  • JÍLEK, Josef. Finanční trhy a investování. In Finanční trhy a instituce. 1. vyd. Praha: Grada, 2009, 648 s. Finanční trhy a instituce. ISBN 978-80-247-1653-4. Obsah info
  • FABOZZI, Frank J a Pamela PETERSON DRAKE. Finance: capital markets, financial management and investment management. Hoboken, N.J.: Wiley, c2009, xvii, 811 s. Frank J. Fabozzi series. ISBN 978-0-470-40735-6.
  • JÍLEK, Josef. Akciové trhy a investování. 1. vyd. Praha: Grada, 2009, 656 s. Finanční trhy a instituce. ISBN 978-80-247-2963-3. JÍLEK, Josef. Finanční trhy a investování. In Finanční trhy a instituce. 1. vyd. Praha: Grada, 2009. 648 s. Finanční trhy a in
  • REVENDA, Zbyněk. Centrální bankovnictví. 3., aktualiz. vyd. Praha: Management Press, 2011, 558 s. ISBN 978-80-7261-230-7. Obsah info
    recommended literature
  • VESELÁ, Jitka. Investování na kapitálových trzích. Vyd. 1. Praha: ASPI, 2007, 703 s. ISBN 978-80-7357-297-6. Obsah info
  • REVENDA, Zbyněk. Peníze a zlato. 2., aktualiz. vyd. Praha: Management Press, 2013, 269 s. ISBN 978-80-7261-260-4.
Organizační formy výuky
Lecture
Seminar
Exercise
Tutorial
Consultation
Teaching Block - seminar
Komplexní výukové metody
Frontal Teaching
Group Teaching - Cooperation
Group Teaching - Collaboration
Project Teaching
Brainstorming
Critical Thinking
Individual Work– Individual or Individualized Activity
Teaching Supported by Multimedia Technologies
E-learning
Student Workload
ActivitiesNumber of Hours of Study Workload
Daily StudyCombined Study
Preparation for the Mid-term Test1220
Preparation for Lectures1824
Preparation for Seminars, Exercises, Tutorial3246
Preparation for the Final Test1422
Attendance on Lectures26 
Attendance on Seminars/Exercises/Tutorial/Excursion2616
Final exam22
Total:130130
Metody hodnocení a jejich poměr
Test – final 70%
Seminary Work 30%
Podmínky testu
For successful completion of the course it is necessary to achieve at least 70 % of the course and final test together under the conditions specified below. In the course test, students can get up to 30 points, i.e. 30 %. In the final test, students can get up to 70 points, i.e. 70 %.
Grading for the course, i.e. points for the final test (70 - 0) + points for the course test (30 - 0): A 100 – 90, B 89.99 – 84, C 83.99 – 77, D 76.99 – 73, E 72.99 – 70, FX 69.99 – 30, F 29.99 – 0.
Students in the full-time form of study are obliged to participate in 70 % of the lessons (except for lectures). If this condition is not fulfilled, the student will automatically get “-” grade.
Language of instruction
Czech
Teacher's information
Attendance in lessons is defined in a separate internal standard of ITB (Evidence of attendance of students at ITB). It is compulsory, except of the lectures, for full-time students to attend 70 % lesson of the subject in a semester.
Students with an individual study plan will work on a professional essay on a given topic. Instructions in study materials. However, students are obliged to contact the teacher immediately after the approval of the individual study plan (ISP), if the student does not do so, his ISP will not be taken into account. In case of any questions, they can contact the subject guarantor via email 24786@mail.vstecb.cz
Supplementary study material: e-learning Supporting modern trends in teaching with regard to Best practice - https://projectbestpractice.cz/cs/e-learning/
  • Enrolment Statistics (recent)
  • Permalink: https://is.vstecb.cz/course/vste/summer2026/B_FKT