Financial Management

Lecturer:

František Freiberg (gar.)

Tutor:

František Freiberg (gar.), Vladimír Brdek

Supervisor:

Department of Management and Economics

Synopsis:

The subject Financial Management provides a complex explanation of all essential financial management questions. Students have an opportunity to acquire an understanding of the main financial theory and concepts and their utilization in practical decision making and management of the enterprise. Students gain primarily knowledge of financial management role within a business and significance of capital market for financial management of the enterprise. The subject provides father knowledge of financial analysis and planning, various ways of financing business, risk management, valuation techniques and initial public offerings. sources. Subject deals father with analysis of commercial papers, leasing and project financing, system of payments and cash management. A significant emphases is placed on techniques and methods of financial planning and forecasting, methods of investment evaluation and investment risk assessment. Last part of the subject deals with the ways in which the cost of capital may be computed and with models of dividend policy.

Requirements:

The exam requirements are specified by curriculum of the subject. During training courses the active

Syllabus of lectures:

1.Function, activities and organization of financial management, financial strategy and goals, financial markets and institutions

2.Valuation of financial performance.

3.Statement of cash flow, cash flow statements analyses and creation

4.Working capital management and financing, cash management systems

5.Financial planning and forecasting and financial control

6.Investment project appraisal

7.Special sources of funds

8.Management of interests and currency risk

9.Assessment of securities and enterprises

10.Project financing

11.Cost of capital and methods of its computation. Relationship between risk and rates of return, risk assessment

12.Portfolio theory and capital asset pricing model. Models of dividend policy

13.Initial public offering

Syllabus of tutorials:

1.Financial planning

2.Financial planning

3.Cash-flow statements

4.Financial analysis, factoring

5.Special forms of obligations

6.Leverage effect

7.Credit management

8.Leasing

9.Investment appraisal

10.Mergers

11.Derivatives

12.Interest and currency risk

Study Objective:

The subject Financial Management provides a complex explanation of all essential financial management questions. Students have an opportunity to acquire an understanding of the main financial theory and concepts and their utilisation in practical decision making and management of the enterprise. Students gain knowledge of financial management role within a business and significance of capital market for financial management of the enterprise. The subject provides father knowledge of financial analysis, working capital management and strategy of working capital financing. Great attention is paid to the various ways of financing business through short-term or long-term financial sources. Subject deals father with analysis of commercial papers, leasing and project financing, system of payments and cash management. A significant emphases is placed on techniques and methods of financial planning and forecasting, methods of investment evaluation and investment risk assessment. Last part of t, he subject deals with the ways in which the cost of capital may be computed and with models of dividend policy.

Study materials:

Freiberg,F.: Finanční management, skripta ČVUT, Praha 2009

Freiberg,F.: Financování podniku, skripta ČVUT, Praha 2007

Freiberg,F.: Finanční controlling. Management Press, Praha 1996

Freiberg, F.: Cash-flow. Management Press, Praha 1997

Supplemental:

Brealey,R.A.-Myers,S.C.: Teorie a praxe firemních financí. Praha, Victoria Publishing 1994

Kislingerová,E. Manažerské finance, C. H. Beck, Praha 2004

Valach,J.:Finanční řízení podniku. 2. vydání, Praha, Ekopress, 1999

Note:

Time-table for winter semester 2011/2012:

Time-table is not available yet

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	roomKN:B-130 Freiberg F. 12:30–14:00 (lecture parallel1) Karlovo nám. Učebna KN:B-130
Fri
Thu	roomKN:B-130 Freiberg F. 09:00–10:30 (lecture parallel1 parallel nr.101) Karlovo nám. Učebna KN:B-130
Fri

The course is a part of the following study plans: