Course Details
Investments
Academic Year 2024/25
NVA068 course is part of 1 study plan
NPC-ARS / ARA Summer Semester 1st year
The parting of sorts of investment, possibilities of investment, forms and sorts of investment activities. Measuring of investment efficiency, specifics of investment in the civil engineering and structural activity. Influence of investment volume on economic results, partnership with foreign investors. Students know the role of investment in national economy, pattern of investment as structural activity and measuring of investment efficiency.
Credits
4 credits
Language of instruction
Czech
Semester
summer
Course Guarantor
Institute
Forms and criteria of assessment
course-unit credit and examination
Entry Knowledge
Knowledge of financial and taxation issues.
Aims
Goal of this subject are knowledge for bussiness plan including variant of finance.
Creation of model for calculation economic a financial feasibility of investment projects. Elaboration of Feasibility Study.
Creation of model for calculation economic a financial feasibility of investment projects. Elaboration of Feasibility Study.
Basic Literature
KORYTÁROVÁ, Jana. Ekonomika investic (el. stud. opora FAST VUT), 2020 (cs)
FOTR, Jiří a Ivan SOUČEK. Investiční rozhodování a řízení projektů, Praha: Grada Publishing, a.s., 2011 (cs)
BAUM, Andrew. Real Estate Investment. A Strategic Approarch. Routledge, New York, 2022. ISBN 9780367690694. (en)
FURFINE, Craig. Practical Finance for Property Investment. Routledge, New York, 2020. ISBN 9780367333041. (en)
FOTR, Jiří a Ivan SOUČEK. Investiční rozhodování a řízení projektů, Praha: Grada Publishing, a.s., 2011 (cs)
BAUM, Andrew. Real Estate Investment. A Strategic Approarch. Routledge, New York, 2022. ISBN 9780367690694. (en)
FURFINE, Craig. Practical Finance for Property Investment. Routledge, New York, 2020. ISBN 9780367333041. (en)
Offered to foreign students
Not to offer
Course on BUT site
Lecture
13 weeks, 2 hours/week, elective
Syllabus
- 1. Theoretical aspects of investment, economic policy
- 2. Cycle and phases of investment plan
- 3. Feasibility study
- 4. Total project costs (investment costs, working capital)
- 5. Financing of investment projects (internal and external resources)
- 6. Capacity, production inputs. Returns and production costs.
- 7. Income statement, balance sheet, CF statement
- 8. Economic efficiency of investment ratios (NPV, IRR, PB)
- 9. Risk and uncertainty analysis (profit, sensitivity and probability analysis)
- 10. Project evaluation with risk and uncertainty – probability and decision trees
- 11. Project evaluation with risk and uncertainty – decision matrix, decision rules
- 12. Inflation, nominal and real values
- 13. Portfolio theory
Exercise
13 weeks, 2 hours/week, compulsory
Syllabus
- 1. Assessment of the cost-effectiveness of projects.
- 2. SWOT analysis - Case Study.
- 3. Analysis of problems and solutions.
- 4. Logical Framework - Case study. Determination of connection hypotheses. Entering the project.
- 5. Individual project work - Logical Framework.
- 6. Presentation of results.
- 7. Cost methods of project evaluation - Case Study.
- 8. CBA analysis. Cost-effectiveness of the project. Individual work.
- 9. CBA analysis. The economic efficiency of the project. Individual work.
- 10. – 11. CBA analysis. The sensitivity analysis. Individual work.
- 12. Presentation of results.
- 13. Credit.