Corporate Economics

Lecturer:

Oldřich Starý (gar.)

Tutor:

Oldřich Starý (gar.)

Supervisor:

Department of Economics, Management and Humanities

Synopsis:

Corporation and entrepreneurship, business environment, targets and role of business, corporation life cycle. Financial and ownership structure, optimal capital structure. Costs classification, calculation methods, cost curves, budgeting. Profit, production, price and costs relations. Effectiveness of investment. Subject is the introduction to various disciplines in management and finance. Human resource management. Motivation, stimulation and communication. Team management.

Requirements:

Syllabus of lectures:

1.Corporation and entrepreneurship, business environment, targets and function of business.

2.Legal forms in business, choice of legal form.

3.Financial and ownership structure, optimal capital structure.

4.Short term finance.

5.Calculation methods.

6.Long term finance.

7.Financial calculus - interests, perpetuity and annuity factors.

8.Investment decision. Marginal and average values, relevant items, opportunity cost.

9.Investment decision making. Basic criteria (payback period, net present value, internal rate of return).

10.Planning as managerial function.

11.Business plan.

12.Corporate management, management function, organisational schemes.

13.Human resource management. Motivation, stimulation and communication.

14.Reserve.

Syllabus of tutorials:

1.Simulation managerial game.

2.Business creation. Case study.

3.Balance sheet and capital structure.

4.Short term financing, business loan, leasing.

5.Cost calculation - examples.

6.Cost calculation - examples.

7.Break even point - profit, production, price and costs relation.

8.Operation leverage, break even point analysis based on cash flow.

9.Financial calculus - principles.

10.Investment decision making - examples.

11.Investment decision making - examples.

12.Test.

13.Team management - case study

14.Assessment.

Study Objective:

Study materials:

Note:

Time-table for winter semester 2011/2012:

Time-table is not available yet

Time-table for summer semester 2011/2012:

Time-table is not available yet

The course is a part of the following study plans:

• Manažerská informatika (STM-A7B-přechodné) (compulsory course of the specialization)
• Manažerská informatika (STM-A7B) (compulsory course of the specialization)