Course: Selected Chapters from Financial Management

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Course title Selected Chapters from Financial Management
Course code FES/DVOF
Organizational form of instruction Lecture
Level of course Doctoral
Year of study not specified
Semester Winter and summer
Number of ECTS credits 8
Language of instruction Czech
Status of course Compulsory-optional
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Kraftová Ivana, doc. Ing. CSc.
Course content
The business environment of the region and its competitiveness. Development of mezzostructure of the economy in the CR compared with the relevant environment. Capital power of an enterprise, capital power of a region. Cost of resources and risk management. Performance and value added. Leverage effects and their degree (sensitivity) in operating and financial management. Sustainable growth and its causal analysis. Financial instruments in the EU cohesion policy. Analysis of regional and satellite accounts, shift share analysis.

Learning activities and teaching methods
Dialogic (discussion, interview, brainstorming), Methods of individual activities
  • unspecified - 25 hours per semester
  • Individual project - 120 hours per semester
  • unspecified - 30 hours per semester
  • unspecified - 30 hours per semester
  • unspecified - 5 hours per semester
  • unspecified - 10 hours per semester
  • unspecified - 20 hours per semester
Learning outcomes
The course accentuates assessment microeconomic and macroeconomic interaction of financial resources, their creation and use. The focus is on mezzoeconomic linking financial management of enterprises with financial management of regions and sectors / industries including evaluation of efficiency. An emphasis on value added indicators as a factor in measuring performance and its macroeconomic impact in terms of creating capital sources. Growth possibilities of financial resources and the explicit and implicit cost of these sources are assessed in relation to financial risk management. The leverage effects are analysed on mezzoeconomic level and their influence on sustainable growth (in the economic sense). When assessing regional wealth creation in time, a sensitivity analysis in connection with the shift share analysis are applied. is applied The increasing role of financial instruments in the implementation of EU cohesion policy is confronted by evaluation using indicators of regional and satellite accounts. A student improves his methods of the autonomous, creative working, his ability to argue and state his professional stand-points, to evaluate variant solving, to suggest new solving of a given problem, as well as to make decisions.
Ability to judge a microeconomic and macroeconomic interaction of financial resources, their creation and use; ability to analyse growth possibilities of financial resources, as well as their explicit and implicit costs in connection with financial risk management; ability of choice and application of different analytic and descriptive methods in the scope of a capital power judgement and of a stability enterprises judgement in Czech regions, as well as in EU countries, respectively in other countries in the world; improvement of methods of the autonomous, creative working;¨ ability to argue and state professional stand-points, to evaluate variant solving, to suggest new solving of a given problem, as well as to make decisions.
Prerequisites
Expected to have knowledge of financial management at the graduate level with emphasis on financial analysis and financial engineering - traditional and alterantive tools.

Assessment methods and criteria
Oral examination, Creative work analysis

A student demonstrates his ability to elaborate a given topic autonomously, to present and argue in the discussion convincingly. He/she elaborates a professional article on a given topic, in a given structure; its extract could be published in a scientific journal. He/she will be able to react and argue on the appropriate level in a professional dialog in the framework of selected topics.
Recommended literature
  • Capello, R. Regional Economics.. New York: Routledge, 2007.
  • Flynn, N. Public Sector Management, 5th edition.. London, SAGE Publications, 2007.
  • Frank, H.A. Public Financial Management. Taylor and Francis, 2006.
  • Kraft, J. Firma v makroekonomickém prostředí.. Ústí nad Labem: Acta Universitatis Purkynianae, 2004. ISBN 80-7044-501-7.
  • Kraftová, I., Prášilová, P. Prosperující podnik v regionálním kontextu. 1. vydání.. Praha, Wolters Kluwer ČR, 2013.
  • Kraftová, Ivana. Kapitálová síla a výkonnost podniků v regionálním kontextu. Pardubice: Univerzita Pardubice, 2003. ISBN 80-7194-622-2.
  • Rima, I.H. Development of Economic Analysis. 6th edition.. London, New York, 2001. ISBN 0-415-23296-1.
  • Titman, S., Keown, A.J., Martin, J.D. Financial Management. 11th edition. Prentice Hall, 2011.
  • Zadáno individuálně:. další prameny vztahující se k zadaným tématům odborných statí (individuálně).


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester
Faculty: Faculty of Economics and Administration Study plan (Version): Regional and Public Economics (2013) Category: Economy - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Economics and Administration Study plan (Version): Regional and Public Economics (2013) Category: Economy - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Economics and Administration Study plan (Version): Regional and Public Economics (2016) Category: Economy - Recommended year of study:-, Recommended semester: -