Financial Decision-Making under Risk

Type of study	Follow-up Master
Language of instruction	Czech
Code	154-0323/02
Abbreviation	FRR
Course title	Financial Decision-Making under Risk
Credits	5
Coordinating department	Department of Finance
Course coordinator	prof. Ing. Tomáš Tichý, Ph.D.

Subject syllabus

1. Fundamentals of financial decision-making
2. Utility function in decision-making
3. Portfolio theory
4. Capital asset pricing model
5. Arbitrage pricing theory
6. Real investment evaluation
7. Decisions with flexibility
8. Financial derivatives - linear
9. Financial derivatives - options
10. Corporate hedging
11. Cash management of a multinational company
12. Exchange rates forecasting

Literature

BERK, J., DEMARZO, P. Corporate Finance. 5th ed. Harlow: Pearson, 2023, 1184 p. ISBN 978-1-292-16016-0.
HULL, J. C. Option, Futures and other Derivatives. 11th ed. New York: Prentice Hall, 2022, 880 s. ISBN 978-1-292-41065-4.
ZMEŠKAL, Z., ČULÍK, M., TICHÝ, T. Finanční rozhodování za rizika. Sbírka řešených příkladů. 4. vyd. Ostrava: VŠB-TU Ostrava, 2013. 182 s. ISBN 978-80-248-3249-4.

Advised literature

BREALEY, R. A., MYERS, S.C., ALLEN, F., EDMANS, A. Principles of Corporate Finance. 14th ed. McGraw-Hill, 2023, 992 s. ISBN 978-1-2-4-08094-6.
CAMPBELL, J. Y. Financial Decisions and Markets. Princeton: Princeton University Press, 2018, 480 s. .
COPELAND, T. E., WESTON, J. F., SHASTRI, K. Financial Theory and Corporate Policy. 4th ed. Pearson, 2013, 924 p. ISBN 978-1-292-02158-4.

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