Business economics

The course cannot be taken simultaneously with:

Business Economics (A1B16EKP)
Corporate Finance (A1B16UFI)
Corporate Economics (A7B16EKP)
Business Economics (A7B16EPD)
Corporate Finance (A7B16UFI)
Business Economics (X16EPD)
Corporate Economics (Y16EKP)
Business Economics (Y16EPD)

Lecturer:

Erik Geuss (gar.), Oldřich Starý (gar.), Jiří Vašíček (gar.), Marek Adamec, Josef Černohous, Martin Dobiáš, Ondřej Grünwald, Mirza Karajica, Tomáš Králík, Blanka Kučerková

Tutor:

Erik Geuss (gar.), Oldřich Starý (gar.), Jiří Vašíček (gar.), Marek Adamec, Josef Černohous, Martin Dobiáš, Ondřej Grünwald, Mirza Karajica, Tomáš Králík, Blanka Kučerková

Supervisor:

Department of Economics, Management and Humanities

Synopsis:

Targets and function of business, corporation life cycle. Cost classification, cost calculation, cost curves. Profit, production, price and cost relation. Taxes. Financial calculus and investment decision-making. Business plan. Management functions, corporation organizational schemes. Processes and firm management.

Requirements:

https://ekonom.feld.cvut.cz/web/index.php?option=com_content&task=section&id=7&Itemid=236

Syllabus of lectures:

1.Corporation and entrepreneurship, targets and function of business, legal forms of business.

2.Business plan - outline, creation, realization. Corporation financial and ownership structure.

3.Basic accounting principles. Assets, liabilities, costs and revenues. Financial reports - structure.

4.Cost classification, calculation methods. Profit, production, price and cost relations.

5.Introduction to financial analysis. Profit division, profitability and productivity.

6.Financial calculus - interest. Investment decision-making - marginal and average values. Opportunity cost.

7.Long term finance. Stock, bond, bank loan, leasing. Short term finance - business loan, bill of exchange.

8.Investment decision-making. Basic criteria (payback period, net present value, internal rate of return). Risk and uncertainty in business.

9.Tax system in CR. Income tax, consumption taxes, VAT.

10.Human resource management. Motivation, stimulation, communication. Team management. Manager's time management.

11.Corporate management, management function. Organisational schemes.

12.Public finance in private business.

13.Information systems in managerial practice.

14.Semestral project - presentation. Reserve.

Syllabus of tutorials:

1.Rules and guides (principles) of seminars, conditions of classified credit (assesment). Entrepreneurship, forms of business.

2.Introduction to financial calculus. Calculus of interest.

3.Accounting. Balance sheet, income statement and cash flow statement - structure and mutual relations.

4.Founder's budget. Semestral project specification. (Assignment of the semestral project). Managerial game.

5.Calculation methods - relations between profit, production, price and costs.

6.Operational leverage, break-even point analysis.

7.Break-even point analysis based on cash-flows. Costs calculation methods.

8.Productivity, profitability, basic financial indicators.

9.Investment decision-making - examples.

10.Finance, investment decision-making (economic effectiveness criteria).

11.Tax and accounting depreciation. Tax shield. Tax documentation.

12.Test. Semestral project handover.

13.Semestral project - presentation, case study - team management.

14.Classified credit assesment. Reserve.

Study Objective:

Study materials:

1.Glautier, M.W.E., Underdown, B.: Accounting - Theory and Practice. London 1991

Note:

Time-table for winter semester 2011/2012:

	06:00–08:0008:00–10:0010:00–12:0012:00–14:0014:00–16:0016:00–18:0018:00–20:0020:00–22:0022:00–24:00
Mon
Tue	roomT2:D3-209 Geuss E. 12:45–14:15 (lecture parallel1) Dejvice PosluchárnaroomZ4:B3-213 Karajica M. 14:30–16:00 (lecture parallel1 parallel nr.101) Zikova ulice CvičebnaroomZ4:B3-213 16:15–17:45 (lecture parallel1 parallel nr.103) Zikova ulice CvičebnaroomZ4:B3-213 18:00–19:30 (lecture parallel1 parallel nr.108) Zikova ulice Cvičebna roomT2:A4-203b Kučerková B. 14:30–16:00 (lecture parallel1 parallel nr.102) Dejvice UčebnaroomT2:C2-86 Adamec M. 16:15–17:45 (lecture parallel1 parallel nr.104) Dejvice CvičebnaroomT2:A4-203b Adamec M. 18:00–19:30 (lecture parallel1 parallel nr.109) Dejvice Učebna
Fri	roomZ2:B1-231 Kučerková B. 09:15–10:45 (lecture parallel1 parallel nr.110) Zikova ulice Ucebna K316roomZ2:B1-231 Králík T. 11:00–12:30 (lecture parallel1 parallel nr.111) Zikova ulice Ucebna K316roomZ2:B1-356 Karajica M. 14:30–16:00 (lecture parallel1 parallel nr.112) Zikova ulice Konzultační místnostroomZ4:B3-213 Černohous J. 16:15–17:45 (lecture parallel1 parallel nr.113) Zikova ulice Cvičebna roomT2:A4-203b Dobiáš M. 14:30–16:00 (lecture parallel1 parallel nr.105) Dejvice UčebnaroomT2:A4-203b Dobiáš M. 16:15–17:45 (lecture parallel1 parallel nr.106) Dejvice Učebna
Thu	roomT2:D3-209 Geuss E. 07:30–09:00 (lecture parallel2) Dejvice PosluchárnaroomT2:C2-86 Černohous J. 09:15–10:45 (lecture parallel2 parallel nr.202) Dejvice CvičebnaroomT2:C2-86 Černohous J. 11:00–12:30 (lecture parallel2 parallel nr.204) Dejvice CvičebnaroomJ5:347b Kučerková B. 14:30–16:00 (lecture parallel2 parallel nr.205) Dejvice CvicebnaroomJ5:347b Grünwald O. 16:15–17:45 (lecture parallel2 parallel nr.207) Dejvice CvicebnaroomJ5:347b 18:00–19:30 (lecture parallel2 parallel nr.208) Dejvice Cvicebna
Fri

Time-table for summer semester 2011/2012:

	06:00–08:0008:00–10:0010:00–12:0012:00–14:0014:00–16:0016:00–18:0018:00–20:0020:00–22:0022:00–24:00
Mon
Tue	roomT2:C3-135 Starý O. 16:15–17:45 (lecture parallel1) Dejvice Posluchárna
Fri	roomZ4:B3-220 Černohous J. 16:15–17:45 (lecture parallel1 parallel nr.101) Zikova ulice CvicebnaroomZ2:B1-233 Karajica M. 18:00–19:30 (lecture parallel1 parallel nr.103) Zikova ulice Terminálová učebna
Thu
Fri

The course is a part of the following study plans:

• Kybernetika a robotika - Robotika (compulsory course in the program)
• Kybernetika a robotika - Senzory a přístrojová technika (compulsory course in the program)
• Kybernetika a robotika - Systémy a řízení (compulsory course in the program)
• Komunikace, multimedia a elektronika - Komunikační technika (compulsory course in the program)
• Komunikace, multimedia a elektronika - Multimediální technika (compulsory course in the program)
• Komunikace, multimedia a elektronika - Aplikovaná elektronika (compulsory course in the program)
• Komunikace, multimedia a elektronika - Síťové a informační technologie (compulsory course in the program)
• Komunikace, multimedia a elektronika - před rozřazením do oborů (compulsory course in the program)
• Kybernetika a robotika - před rozřazením do oborů (compulsory course in the program)
• Komunikace, multimédia a elektronika - Komunikace a elektronika (compulsory course in the program)