VŠTE:NE_CJ_IDM Investment Decision Making - Course Information

NE_CJ_IDM Investment Decision Making

Extent and Intensity

2/2/0. 5 credit(s). Type of Completion: zk (examination).

Teacher(s)

Ing. Tomáš Krulický, MBA, PhD. (seminar tutor)

Guaranteed by

Ing. Veronika Machová, Ph.D., MBA
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

NE_CJ_IDM/NE3: Sat 1. 10. 16:30–18:00 A2, Sun 2. 10. 13:05–14:35 A2, 14:50–16:20 A2, 16:30–18:00 A2, Sun 30. 10. 11:25–12:55 A2, 13:05–14:35 A2, Sun 11. 12. 8:00–9:30 A2, 9:40–11:10 A2, T. Krulický
NE_CJ_IDM/P01: Fri 11:25–12:55 N205, T. Krulický
NE_CJ_IDM/S01: Fri 13:05–14:35 N205, T. Krulický

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

• Business Administration (programme VŠTE, N_PE) (2)

Course objectives supported by learning outcomes

The course deals with the investment process - the purchase of a technological unit, movable property, a set of movables, etc., ie the pre-investment phase of the project, the investment phase, the implementation phase and the post-investment phase of the project. The main emphasis of the course is on the pre-investment phase - feasibility study and evaluation of investment options.

Learning outcomes

Upon successful completion of the course, the student:
- understands the life cycle of an investment,
- plans the realization of the investment,
- understands a feasibility study,
- evaluates investment variants,
- manages the risk management of investment projects,
- compiles decision trees and scenarios,
- performs simulations and sensitivity analyzes,
- organizes pre-investment preparation of the project,
- manages the realization of the investment,
- manages the post-investment phase of the project

Syllabus

• Lectures:
• 1. Investment life cycle.
• 2. Material dimension of investment planning.
• 3. Economic dimension of investment planning.
• 4. Feasibility study.
• 5. Static methods of evaluation of investment variants.
• 6. Dynamic methods of evaluation of investment variants.
• 7. Risk analysis of investment projects.
• 8. Risk management of investment projects.
• 9. Decision trees and scenarios.
• 10. Simulation and sensitivity analysis.
• 11. Pre-investment project preparation.
• 12. Investment management.
• 13. Post-investment phase of the project.
• Exercises
• 1. Finding and critical evaluation of examples of investment life cycle.
• 2. Analysis of examples of the material dimension of investment planning.
• 3. Analysis of examples of the economic dimension of investment planning.
• 4. Feasibility study.
• 5. Static methods of evaluation of investment variants.
• 6. Dynamic methods of evaluation of investment variants.
• 7. Risk analysis of investment projects.
• 8. Risk management of investment projects.
• 9. Decision trees and scenarios.
• 10. Simulation and sensitivity analysis.
• 11. Pre-investment preparation of a model project.
• 12. Management of model investment.
• 13. Post-investment phase of a model project.

Literature

required literature
• BASU, A. et al., 2013. Principles of Investments. McGraw-Hill. ISBN: 9780071012386.
• BODIE, Z. et al., 2013. Essentials of Investments. McGraw-Hill. ISBN: 007714824X.

recommended literature
• FOTR, J. a HNILICA, J., 2014. Aplikovaná analýza rizika ve finančním managementu a investičním rozhodování. 2., aktualiz. a rozš. vyd. Praha: Grada, 299 s. Expert. ISBN 978-80-247-5104-7.
• ALLEN, R. A., BREALEY, S. C. a MYERS, F., 2014. Principles of corporate finance. 11. vyd. New York: NY: McGraw-Hill Education. ISBN 978-0-07-715156-0.

Forms of Teaching

Lecture
Exercise
Tutorial
Consultation

Teaching Methods

Frontal Teaching
Group Teaching - Cooperation
Brainstorming
Critical Thinking
Individual Work– Individual or Individualized Activity

Student Workload

Activities	Number of Hours of Study Workload
	Daily Study	Combined Study
Preparation for Lectures	13
Preparation for Seminars, Exercises, Tutorial	13
Preparation for the Final Test	38	60
case study	12	52
Attendance on Lectures	26
Attendance on Seminars/Exercises/Tutorial/Excursion	26	16
Participation in tests	2	2
Total:	130	130

Assessment Methods and Assesment Rate

Test – final 35 %
Case Study 50 %
presentation of the case study 15 %

Exam conditions

Participation in the final test is compulsory for all students. In order to pass the course it is necessary to obtain at least 1/3 of the points from the final test. The total classification of the course, i.e. points for the final test (0-35) + points for the case study (0-50) + points for the presentation of the seminar paper (0-15): 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

Teacher's information

Participation in all forms of teaching is dealt with in a separate internal standard of the VŠTE (Recording of student attendance at the VŠTE). For full-time students, 70% attendance is compulsory in seminars and exercises. Students with an Individual Study Plan (ISP) are obliged to contact the teacher no later than in the first week of the semester or immediately after its approval with a request to arrange the teaching system and the end of the course, in case the student fails to do so, his/her ISP will not be taken into account. If students have any questions, they can contact the Valuation Group Leader by emailing krulicky@mail.vstecb.cz

• Enrolment Statistics (winter 2022, recent)
  
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