VŠTE:M_FIP_3 Corporate Finance III - Course Information

M_FIP_3 Corporate Finance III

Extent and Intensity

4/6/0. 13 credit(s). Type of Completion: zk (examination).

Teacher(s)

prof. Ing. Marek Vochozka, MBA, Ph.D., dr. h.c. (lecturer)
Ing. Pavel Rousek, Ph.D. (seminar tutor)

Guaranteed by

doc. Ing. Zuzana Rowland, MBA, PhD.
Study Department – Vice-Rector for Study Affairs – Rector – Institute of Technology and Business in České Budějovice
Supplier department: Study Department – Vice-Rector for Study Affairs – Rector – Institute of Technology and Business in České Budějovice

Prerequisites (in Czech)

OBOR(CAP)

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

• Master of Business Administration (programme VŠTE, CZV)

Course objectives supported by learning outcomes

Students extend the basic knowledge of the processes of corporate finance at the level of understanding of specialized activities aimed at streamlining these processes. Graduates of the course can plan activities to optimize business processes. The starting point for planning is the knowledge of the financial and capital resources of the company and methods of evaluation of the company towards the maximum conformity with the needs of the owner and shareholder. Graduates of the course can evaluate in great detail about the enterprise and its financial “health”, can optimize the capital structure of the company and establish a long-term and short-term financial plan.

Syllabus

• Capital structure of the company.
• Optimization of the capital structure.
• Profit as an instrument of refinancing the business. The dividend policy of the company - payout policy.
• Value of the company to investors, shareholders, creditors. Ties up to stakeholders.
• Methods of evaluation of the company - financial analysis (horizontal, vertical, ratio).
• Methods of evaluation of the company - credibility models.
• Methods of evaluation of the company - bankruptcy models and other models.
• Methods of comprehensive evaluation of the company - EVA, MVA, TSR and more.
• Methods of comprehensive evaluation of the company - benchmarking models (INFA, Balance Scorecard and more).
• Financial Planning - methods of compiling and reviewing the implementation of the plan.
• Short-term financial plan.
• Long-term financial plan.
• Summary of the course Corporate Finance I, II and III.

Literature

required literature
• KISLINGEROVÁ, Eva. Manažerské finance. 3. vyd. V Praze: C.H. Beck, 2010, xxxviii, 811 s. Beckova edice ekonomie. ISBN 978-80-7400-194-9.
• • ALLEN, Richard A. Brealey; Stewart C. Myers; Franklin. Principles of corporate finance. 11. ed., global ed. New York, NY: McGraw-Hill Education, 2014. ISBN 9780077151560.
• VOCHOZKA, Marek. Metody komplexního hodnocení podniku. 1. vyd. Praha: Grada Publishing, 2011. 246 s. Finanční řízení. ISBN 978-80-247-3647-1.

recommended literature
• BROOKS, Raymond. Financial management: core concepts. 1st ed. Boston: Prentice Hall, c2010, xxvii, 609 p. ISBN 978032115517
• HNILICA, Jiří, Jiří FOTR. Aplikovaná analýza rizika - ve finančním managementu a investičním rozhodování. Praha : Grada. ISBN: 978-80-24725-60-4
• KRAUSEOVÁ, Jaruše. Zakladatelský finanční záměr firmy do kapsy. Vyd. 1. Slaný: Melandrium, 2007. 144 s. ISBN 978-80-86175-54-6.

Forms of Teaching

Lecture
Seminar
Tutorial

Teaching Methods

Frontal Teaching

Student Workload

Activities	Number of Hours of Study Workload
	Daily Study	Combined Study
Preparation for seminars	120	161
Preparation for exam	121	162
Attendance on Lectures	39
Attendance on Seminars/Exercises/Tutorial/Excursion	58	15
Total:	338	338

Assessment Methods and Assesment Rate

Exam – oral 100 %

Language of instruction

Czech

• Enrolment Statistics (winter 2016, recent)
  
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