Předmět Principles of Finance (FIU / BAPRI)

Na serveru studentino.cz naleznete nejrůznější studijní materiály: zápisky z přednášek nebo cvičení, vzorové testy, seminární práce, domácí úkoly a další z předmětu FIU / BAPRI - Principles of Finance, Obchodně-podnikatelská fakulta v Karviné, Slezská univerzita v Opavě (SU).

Materiál	Typ	Datum	Počet stažení

Obsah

1. Financial system2. Money and money theories3. Monetary policy4. Interest rates structure5. Interest rates in banking practice6. Classification of securities7. Equity securities8. Debt securities9. Classification of financial markets10. Stock exchanges and over-the-counter markets11. Financial institutions and financial services12. Depository financial institutions13. Non-depository financial institutions1. Financial systemFinancial system as a complex of financial instruments, financial markets and financial intermediaries. Lenders and borrowers. Transition of savings into investments. The financial system and the real economy. Information asymmetry.2. Money and money theoriesConcepts of money, role of money in economy, functions of money. Metalism, nominalism and quantitative theory of money. Money base, monetary aggregates. Types of money, banks and money. Money market and effect of money on economy.3. Monetary policyMonetary policy: definition, main aim and basic tools. Development and changes in monetary policy strategy and implementation. Transmission mechanism. Expansive and restrictive monetary policy. Central bank and its independence. Inflation targeting.4. Interest rates structureLevel of interest rates, real and nominal interest rates, non-risk interest rate. Term structure of interest rates, yield curve, effect of inflation. Present and future value of cash flows. Valuation of financial assets. Risk and interest rate structure.5. Interest rates in banking practiceChanges of interest rates, effect of changes on price of debt and equity securities. Interest rates in interbank money market. Interest rates of commercial banks. Interest rates of central bank.6. Classification of securitiesCharacteristics of securities. Classification according to ownership, transferability, returns and yields received, process of issue, debt. Materialized and dematerialized securities. Securities law.7. Equity securitiesShares, types of shares (ordinary, priority, employee). Operations involving shares (issue, split, employee stock program, stock option). Holder rights, returns and risk stemming from shares' ownership. Other equity securities - ADR, GDR, certificates.8. Debt securitiesTypology of bonds according to issuer, delivery date, risk, coupon payments. Government, company, municipal, banking bonds. Foreign bonds and eurobonds. Treasury bills, commercial papers, bills of exchange, depository certificates, repo operations.9. Classification of financial marketsPrimary and secondary market, equity market, bond market, money and capital markets, stock exchanges and OTC markets. Risk, performance, development and efficiency of financial markets. Trading in financial market and IT. Financial market participants. Derivatives.10. Stock exchanges and over-the-counter marketsStock exchange, mechanism of trading, role of stock exchange in economy. Trading settlement, insider trading. Regulation of stock exchanges and trading with securities. Price of securities. Price development indicators and indicies.11. Financial institutions and financial servicesMain participants in financial markets, direct and indirect securities, indirect financing, transaction costs and information costs. Depository and non-depository institutions. Determinants of current development in the financial sector and financial institutions.12. Depository financial institutionsBanks and their position among other financial institutions. Banks' balance sheet, assets and liabilities. Main active and passive banking products and services. Saving banks, building societies, saving unions and mutual banks. Development of the Czech banking sector.13. Non-depository financial institutionsInsurance companies, life and non-life insurance. Collective investment, mutual funds, investment companies and investment funds. Classification of mutual funds. Pension funds, investment bank

Získané způsobilosti

Understunding basic principles of finance and features of financial system, functions of money, a position and role of financial institutions, financial instruments and financial markets in a financial system.

Literatura

MADURA, J. Financial Markets and Institutions. 0-314-87735-5, 2008. ISBN 0-314-87735-5.POLOUČEK, S. (ed.). Reforming the Financial Sector in Central European Countries. Houndmills, Basingstoke, Hampshire: Palgrave Macmillan Publishers, 2004. ISBN 1-4039-1546-6.STAVÁREK, D., POLOUČEK, S. The Financial Sector in the Enlarging European Union. (1st ed.). Newcastle: Cambridge Scholars Press, 2006. ISBN 1-84718-020-5.EAKINS, S.G. Finance. Investments, Institutions, and Management. Boston etc.: Addison Wesley, 2002. ISBN 0-201-72166-X.PARAMESWARAN, S.K. Financial Institutions, Instruments and Markets. New Delhi: Tata McGraw-Hill, 2007. ISBN 0-07-062083-0.MISHKIN, F., EAKINS, S.G. Financial markets and institutions. Boston: Addison Wesley, 2006. ISBN 978-0321-28029-9.SAUNDERS, A., CORNETT, M.M. Financial Markets and Institutions. A Modern Perspective. Boston etc.: McGraw-Hill, 2004. ISBN 0-07-282454-9.FABOZZI, F.J., MODIGLIANI, F., FERRI M.G. Foundations of Financial Markets and Institutions. New York: Prentice-Hall, 2010. ISBN 0-13-613531-5.CECCHETTI, S. Money, Banking and Financial Markets. Boston etc.: McGraw-Hill Irwin, 2010. ISBN 978-0-07-337590-8.

Požadavky

Compulsory attendance at seminars 25 %Seminar discussions, case studies, ongoing test, final exam (written)

Garant

Ing. Irena SZAROWSKÁ, Ph.D.

Vyučující

Ing. Irena SZAROWSKÁ, Ph.D.Ing. Jana ŠIMÁKOVÁ