XAFIN Finance

Moravian Business College Olomouc
winter 2023

The course is not taught in winter 2023

Extent and Intensity
2/1/0. 4 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Štefan Kolumber, Ph.D. (lecturer)
Ing. Štefan Kolumber, Ph.D. (seminar tutor)
Ing. Lenka Prachařová, Ph.D. (seminar tutor)
Guaranteed by
Ing. Štefan Kolumber, Ph.D.
Moravian Business College Olomouc
Supplier department: Moravian Business College Olomouc
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
The course introduces to students the field of general finance and financial market. The aim of the course is to present the function of the monetary and capital markets in the context of both global and European monetary systems. The aim is also to introduce the operation of credit, exchange and foreign exchange markets as well as markets of securities and financial derivates. Basic and special financial phenomena, processes and tools are analyzed. Attention is also paid to financial institutions, their function, activity and products.
Syllabus
  • 1. Corporate finance and monetary relations (the value of money and its application in the financial management of a company).
  • 2. Financial management of a company (property and capital structure of the company).
  • 3. Current assets management, liquidity management, or working capital management, short-term liabilities management, a short-term financial plan.
  • 4. Time factor and risk, its concept, types, methods of measurement and influence on financial decision-making in a company (financial planning of a company, principles, coordination and methods).
  • 5. Financial institutions, banks, investors (building societies, insurance companies, investment companies and investment funds).
  • 6. Funding and characteristics of various forms of business (a sole trader, companies).
  • 7. Alternatives of short-term and long-term funding (short-term financial management, long-term financial management).
  • 8. Credit, exchange and foreign exchange markets (a credit and credit risk, interest and interest rate, an exchange market, a foreign exchange market).
  • 9. Financial tools (factoring, leasing, forfaiting).
  • 10. The relationship of corporate finance with the financial market (classification of financial markets, monetary and capital markets, primary and secondary markets, issuers, intermediaries and investors, risks, diversification, hedging).
  • 11. The bond and stock market (valuation of shares and bonds).
  • 12. Sources of company funding on capital markets (the Czech capital market, international capital markets).
Literature
    required literature
  • SHAPIRO, A. Multinational Financial Management. 11th ed. Hoboken: Wiley, 2019, 536 pp. ISBN 978-1-119-55984-9. info
  • BALDWIN, R. and Ch. WYPLOSZ. The Economics of European Integration. 6th ed. McGraw-Hill Education – Europe, 2019. ISBN 978-1-5268-4721-8. info
  • KRUGMAN, P. R., M. OBSTFELD and M. J. MELITZ. International Economics: Theory & Policy. 11th ed. Boston: Pearson, 2018, 807 pp. ISBN 978-1-292-21487-0. info
    recommended literature
  • MOFFETT, M. H., A. I. STONEHILL and D. K. EITEMAN. Fundamentals of Multinational Finance. 6th ed. Boston: Pearson, 2017, 608 pp. ISBN 0-321-28031-8. info
  • MADURA, J. International Financial Management. 13th ed. Stamford, CT: Cengage Learning, 2017. ISBN 978-1-337-09973-8. info
Assessment methods
Course credit: attendance at seminars (min. 80%), individual assignments, course assignment, case study proposal and defence, credit test. Examination: oral examination.
Language of instruction
English
Further Comments
The course is taught annually.
The course is taught: every week.
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