Course Details

Finances (MI)

Academic Year 2024/25

BVA026 course is part of 1 study plan

BPC-MI Winter Semester 3rd year

Credits

4 credits

Language of instruction

Czech

Semester

winter

Course Guarantor

Institute

Forms and criteria of assessment

course-unit credit and examination

Basic Literature

Scholleová, H.; Ekonomické a finanční řízení pro neekonomy, Grada, 2017, ISBN 978-80-271-0413-0 (cs)
Nývtlová, R.; Základy finančního řízení podniku, Grada, 2018, ISBN 978-80-271-0194-8 (cs)
Korytárová, J.; Ekonomika investic, elektronická studijní opora, 2020, VUT FAST. (cs)

Recommended Reading

Popesko, B.; Moderní metody řízení nákladů, Grada, 2016, ISBN 978-80-247-5773-5  (cs)
Brigham, Ehrhardt, Fox; Financial Management - Theory and practice, Cengage Learning EMEA, 2019, ISBN 9781473760219 (en)
BAUM, Andrew; Real Estate Investment. A Strategic Approarch. Routledge, New York, 2022. ISBN 9780367690694.​ (en)

Offered to foreign students

Not to offer

Course on BUT site

Lecture

13 weeks, 2 hours/week, elective

Syllabus

  • 1. Finance. Financial system. Individual parts of the financial system (budgetary, credit, corporate) and the links between them. Tools for managing individual parts of the financial system.
  • 2. - 3. Property and sources of property coverage. Golden rules of financing. Working capital.
  • 4. Management of fixed assets, stocks, receivables and cash.
  • 5. Management of own and external sources of financing. Short-term sources of working capital coverage.
  • 6. - 7. Tax system of the Czech Republic. Budgetary determination of taxes.
  • 8. Investment and economic growth. Types of investment opportunities.
  • 9. Theoretical assumptions for evaluating the effectiveness of investments. Time value of money.
  • 10. Feasibility study.
  • 11. Economic analysis. Indicators of economic efficiency of investments (NPV, IRR, PB).
  • 12. Analysis of uncertainties from the point of view of financial evaluation of projects. Sources and causes of uncertainties. Inflation.
  • 13. Analysis of risks and uncertainties. Profitability, sensitivity and probability analysis.

Exercise

13 weeks, 2 hours/week, compulsory

Syllabus

  • 1. Finance. Financial system. Individual parts of the financial system (budgetary, credit, corporate) and the links between them. Tools for managing individual parts of the financial system.
  • 2. - 3. Property and sources of property coverage. Golden rules of financing. Working capital.
  • 4. Management of fixed assets, stocks, receivables and cash.
  • 5. Management of own and external sources of financing. Short-term sources of working capital coverage.
  • 6. Direct taxes.
  • 7. Indirect taxes.
  • 8. Basic indicators for evaluating the economic efficiency of investments.
  • 9. Uncertainty analysis – analysis of profitability, sensitivity and probability.
  • 10. Assignment of the project – production of wooden windows. 11. Continuation of the project - profit and loss statement, CF statement.
  • 12.Optimization of funding sources – loan, leasing, bonds.
  • 13. Credit test, credit.