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CZECH TECHNICAL UNIVERSITY IN PRAGUE
STUDY PLANS
2025/2026

Advanced Topics in Financial Management

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Code Completion Credits Range Language
32ME-P-ADFM-01 Z,ZK 3 0P+2C English
Relations:
It is not possible to register for the course 32ME-P-ADFM-01 if the student is concurrently registered for or has already completed the course G63E4301 (mutually exclusive courses).
During a review of study plans, the course G63E4301 can be substituted for the course 32ME-P-ADFM-01.
Course guarantor:
Helmuth Yesid Arias Gomez
Lecturer:
Helmuth Yesid Arias Gomez
Tutor:
Helmuth Yesid Arias Gomez
Supervisor:
Institute of Economic Studies
Synopsis:

This hands-on, applied course equips students with the main valuation models that are crucial tools for financial analysts. Key topics include reading and using financial statements, stock valuation using multiple techniques, and presenting financial market research. The course evolves from conceptual foundations to highly practical applications. Students will first master the main valuation models through problem sets and then apply these models in real-world scenarios using business case studies. Throughout the semester, we will discuss and present on global financial and economic news.

Requirements:

MSc.-level course in Corporate Financial Management

Syllabus of lectures:

Capital Structure and Cost of Capital

Fixed Income

Variable Income

Valuation of companies

Syllabus of tutorials:

Regular attendance and active participation in class meetings are crucial for success in this course. Our seminar sessions are dynamic and designed to apply the concepts we learn. We will engage in discussions about current events and the case studies, as well as work through examples and practice problems.

Study Objective:
Study materials:

X.Y. Wang (2023). Quantitative Finance: Interview Questions and Answers

Robert C. Merton & Richard T. Thakor (2024). Trust in Lending.

The Review of Economics and Statistics

Poncet, Patrice, Portait, Roland (2022). Capital Market Finance: An Introduction to Primitive Assets, Derivatives, Portfolio Management and Risk. Springer Textbook.

Shuangzhe Liu & Milind Sathye (2021). Financial Statistics and Data Analytics. MDPI. Basel.

Benninga Simon and Mofkadi Tal (2022). Financial Modeling, fifth edition. MIT Press.

Benninga Simon and Mofkadi Tal (2018). Principles of Finance with Excel. Oxforfd University Press.

Alain Ruttiens (2013). Mathematics of the Financial Markets: Financial Instruments and Derivatives Modelling, Valuation and Risk Issues. Wiley.

Wen, Zhijian. Theoretical Analysis of Modern Portfolio Theory (2023). BCP Business & Management, roč. 47, s. 99104. ISSN 2692-6156. DOI: 10.54691/bcpbm.v47i.5177

YU, Jingchen a Juntai ZHANG. (2023). A Comprehensive Analysis of The Modern Portfolio Theory. BCP Business & Management. roč. 38, s. 21112114. ISSN 2692-6156. DOI: 10.54691/bcpbm.v38i.4046

Shuangzhe Liu & Milind Sathye (2021). Financial Statistics and Data Analytics. MDPI. Basel.

Harvey Campbell, Rattray Sandy, & Van Hemert Otto (2021). Wiley; 1st edition

Lukomnik Jon & Hawley James (2021). Moving Beyond Modern Portfolio Theory. Routledge; 1st edition

Bastick Liam (2020). Introduction To Financial Modelling. Holy Macro Books. 1st edition

Isichenko Michael (2021). Quantitative Portfolio Management: The Art and Science of Statistical Arbitrage Wiley, 1st edition

Merton, Robert & Thaler, Richard (2021). No-fault Default, Chapter 11 Bankruptcy, and Financial Institutions. Working Paper 28341, NBER.

Ballotta Laura & Fusai Gianluca (2017). A Gentle Introduction to Value at Risk. Technical Report · April 2017

Benninga Simon and Mofkadi Tal (2018). Principles of Finance with Excel. Oxforfd University Press.

Benninga Simon and Mofkadi Tal (2022). Financial Modeling, fifth edition. MIT Press

Bernhard Pfaff (2016). Financial Risk Modelling and Portfolio

Optimization with R. John Wiley & Sons, Ltd

Rasmussen, M. (2003). Quantitative Portfolio Optimisation, Asset Allocation and Risk Management: A Practical Guide to Implementing Quantitative Investment Theory. Palgrave Macmillan

Hollstein, Fabian & Prokopsuk, Marcel (2016). Estimating Beta. The Journal of Financial and Quantitative Analysis. Vol. 51, No. 4 (August), pp. 1437-1466

Note:

This course is taught in English.

Time-table for winter semester 2025/2026:
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
Wed
roomDEJ:210
Arias Gomez H.
16:00–17:30
(parallel nr.101)
Dejvice
Thu
Fri
Time-table for summer semester 2025/2026:
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
Wed
roomDEJ:204
Arias Gomez H.
16:00–17:30
(lecture parallel1)
Dejvice
Thu
Fri
The course is a part of the following study plans:
Data valid to 2026-05-18
For updated information see http://bilakniha.cvut.cz/en/predmet1246743925505.html