M_FIP_3 Corporate Finance III

Institute of Technology and Business in České Budějovice
winter 2022
Extent and Intensity
4/6/0. 13 credit(s). Type of Completion: zk (examination).
Teacher(s)
doc. Ing. Simona Hašková, Ph.D. (lecturer)
doc. Ing. Jarmila Straková, Ph.D., MBA (lecturer)
prof. Ing. Marek Vochozka, MBA, Ph.D., dr. h.c. (lecturer)
Guaranteed by
Ing. Kristýna Ludwigová
Lifelong learning Centre – Directorate of Study Administration and Lifelong Learning – Vice-Rector for Study Affairs – 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
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
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.
Learning outcomes
Understands specialized activities aiming to steering the company finance processes; Is able to plan activities to optimize company processes; Knows the basis for planning – company financial and capital resources; Knows the business evaluation methods in detail; Can plan everything to achieve a maximum consistency with the owner and shareholder´s needs; Has a command of detailed evaluation of company and its health; Can optimize company capital structure; Is able to draw up a long-term financial plan; Is able to draw up a short-term financial plan; Understands the company dividend policy; Is able to monitor fulfilling of financial plans; Is able to use individual bankruptcy and creditworthy models; Is able to refinance the company activities by means of profit.
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
  • 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.
  • BROOKS, Raymond. Financial management: core concepts. 1st ed. Boston: Prentice Hall, c2010, xxvii, 609 p. ISBN 978032115517
Forms of Teaching
Lecture
Seminar
Tutorial
Consultation
Teaching Methods
Frontal Teaching
Student Workload
ActivitiesNumber of Hours of Study Workload
Daily StudyCombined Study
Preparation for Seminars/Exercises/Tutorial120161
Preparation for the Final test/Final test121162
Attendance on Lectures39 
Attendance on Seminars/Exercises/Tutorial/Excursion5815
Total:338338
Assessment Methods and Assesment Rate
Exam – oral 100 %
Exam conditions
Evaluation: oral exam (100 – 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
Language of instruction
Czech
The course is also listed under the following terms winter 2016, winter 2017, winter 2019, winter 2021, SUMMER 2023.
  • Enrolment Statistics (winter 2022, recent)
  • Permalink: https://is.vstecb.cz/course/vste/winter2022/M_FIP_3