FKT Financial and capital markets

Institute of Technology and Business in České Budějovice
summer 2021
Extent and Intensity
2/3/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Pavel Rousek, Ph.D. (seminar tutor)
doc. Mgr. Petr Šuleř, PhD. (seminar tutor)
Guaranteed by
doc. Mgr. Petr Šuleř, PhD.
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
FKT/A7: Sat 24. 4. 8:00–9:30 E1, 9:40–11:10 E1, 11:25–12:55 E1, Sun 9. 5. 13:05–14:35 B5, 14:50–16:20 B5, Sun 16. 5. 14:50–16:20 B1, 16:30–18:00 B1, P. Šuleř
FKT/P01: Thu 16:30–18:00 B4, P. Šuleř
FKT/S01: Fri 8:00–9:30 D415, Fri 9:40–10:25 D415, P. Rousek
Prerequisites
Business Management, Enterprise studies, Investment Management, Corporate Finance I.
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives supported by learning outcomes
The aim of the course is to explain the importance of financial and capital markets for the enterprise. The course focuses on raising capital, individual instruments of financial and capital markets. The student will also get 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 macroeconomic and microeconomic level; can explain the function and nature of the money; can describe the monetary, exchange rate and fiscal policy mechanism; can evaluate financial instruments and financial derivatives, understands the functioning of capital markets; understands the function of capital markets in the market economy; can calculate the yield, risk and liquidity of different investment instruments; applies the basic methods, instruments and principles of technical and psychological analyzes on the capital markets; can describe and compare selected world stock markets.
Learning outcomes
Graduate: Understands the functioning and organization of financial markets and monetary policy at macroeconomic and microeconomic level. Can explain the function and nature of money. Can describe the mechanisms of monetary, exchange and fiscal policy. Can evaluate financial securities through technical analysis and psychological analysis. Can determine the value of financial derivatives. Understands the functioning of capital markets. Understands the importance of capital markets for financing the business. Can calculate the yield, risk and liquidity of the various investment instruments. Can compare selected world stock markets.
Syllabus
  • 1. The role of financial markets and financial institutions in the economy. The nature, function, 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 nature, function, structure and importance of capital markets. Savings allocation, capital market characteristics, structure of capital markets, position of capital markets in economies. 8. Regulation and supervision of capital markets - the reasons for regulation and supervision, methods and instruments of regulation and supervision, regulation and supervision in the Czech Republic. 9. Stock markets. Share valuation. Basic principles of fundamental, technical and psychological stock analyzes. The theory of efficient markets. 10. Bond markets. Bond valuation and fundamental principles of bond analysis. 11. Derivatives markets - options, futures, swaps, warrants. 12. Primary and secondary markets. Stock and over-the-counter markets. Exchange system and its elements. 13. Prague Stock Exchange. RM-System and World Exchange Centers - NYSE, LSE, TSE, EURONEXT.
Literature
    required literature
  • 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. 648 s. Finanční trhy a instituce. ISBN 978-80-247-1653-4. 2009. Obsah info
    recommended literature
  • REVENDA, Zbyněk. Peníze a zlato. 2., aktualiz. vyd. Praha: Management Press, 2013, 269 s. ISBN 978-80-7261-260-4.
  • МИХАЙЛЕНКО, М.Н., А.Н. ЖИЛКИНА. Финансовые рынки и институты. Учебник и практикум для прикладного бакалавриата. Серия: Бакалавр. Прикладной курс. Москва: Издательство Юрайт, 2015. ISBN: 978-5-9916-5924-6.
  • REVENDA, Zbyněk. Centrální bankovnictví. 3., aktualiz. vyd. Praha: Management Press, 2011, 558 s. ISBN 978-80-7261-230-7.
  • 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.
  • VESELÁ, Jitka. Investování na kapitálových trzích. 2., aktualiz. vyd. Praha: Wolters Kluwer Česká republika, 2011, 789 s. ISBN 978-80-7357-647-9.
Forms of Teaching
Lecture
Seminar
Tutorial
Teaching Methods
Frontal Teaching
Student Workload
ActivitiesNumber of Hours of Study Workload
Daily StudyCombined Study
Preparation for Lectures13 
Preparation for Seminars, Exercises, Tutorial 64
Preparation for the Final Test5252
Zpracování seminární práce (in Czech)2626
Attendance on Lectures26 
Attendance on Seminars/Exercises/Tutorial/Excursion3914
Total:156156
Assessment Methods and Assesment Rate
Test – final 70 %
Seminary Work 30 %
Exam conditions
Students are composed of continuous assessment (30-0 points) and a written examination (70-0 points). Overall classification points is the sum of continuous assessment and written examinations. Overall classification of the subject, ie. points of the written exam (70-0) + points of continuous evaluation (30 - 0 points): A 100-90, B 89.99 - 84 83.99 C - 77, D 76 , 99-73, E 72.99 - 70, FX 69.99 - 30 F 29.99 - 0
Language of instruction
Czech
The course is also listed under the following terms summer 2018, summer 2019, winter 2019, summer 2020.
  • Enrolment Statistics (recent)
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