BRANDL, Michael W., 2021. Money, Banking, Financial Markets & Institutions. 2nd ed. Boston, MA: Cengage. ISBN 978-1-337-90482-7 .
REJNUŠ, Oldřich, 2024. Finanční trhy. 5., aktualizované a rozšířené vydání. Praha: Grada Publishing. ISBN 978-80-271-5012-0.
VESELÁ, Jitka, 2019. Investování na kapitálových trzích. 3. vydání. Praha: Wolters Kluwer. ISBN 978-80-7598-212-4.
Financial Markets I. B
| Type of study | Bachelor |
|---|---|
| Language of instruction | Czech |
| Code | 154-0333/03 |
| Abbreviation | FTIB |
| Course title | Financial Markets I. B |
| Credits | 5 |
| Coordinating department | Department of Finance |
| Course coordinator | Ing. Martina Novotná, Ph.D. |
Subject syllabus
1. Financial system and financial markets – basic functions of the financial system, structure and classification of financial markets, money and capital markets, financial market participants and financial intermediaries.
2. Securities and financial instruments – general characteristics of securities, their basic features and classification according to different criteria, and the role of securities in the financial system.
3. Bonds – characteristics, types and the bond market – nature of debt securities, basic characteristics and classification of bonds, main types of bonds and specific features of the bond market.
4. Bonds – price, return and credit risk – basic principles of bond valuation, bond return and yield, basic calculations, bond ratings and their significance.
5. Money market and its instruments – characteristics of the money market, selected money market instruments, returns on short-term financial instruments and methods of their calculation, discounting.
6. Shares – characteristics and types – nature of equity securities, main types of shares, shareholders’ rights, forms of shares and their transferability.
7. Shares – return, valuation and market indicators – share prices and returns, basic valuation principles, selected market indicators and basic calculations involving shares.
8. Financial investment – nature and stages of the investment process, investment objectives, return, risk and liquidity, historical and expected return, systematic and unsystematic risk, and the importance of diversification.
9. Collective investment – principles and participants – individual versus collective investment, advantages and risks of collective investment, key participants and basic principles of collective investment.
10. Investment funds and ETFs – main types of investment funds, mutual funds and ETFs, fund performance, costs and risks, principles of investing in funds and collective investment in the Czech Republic.
11. Exchange and over-the-counter trading – functions and principles of organized markets, the Prague Stock Exchange, RM-SYSTÉM, the Central Securities Depository Prague, and basic principles of over-the-counter trading.
12. Primary and secondary securities markets – significance and organization of primary issues, securities prospectus, issuers’ disclosure obligations, primary issues in the Czech Republic, and links between primary and secondary markets.
13. Regulation, ethics and current trends in financial markets – basic legislative framework, regulation and supervision of financial markets, ethical principles, development of financial markets and current trends including FinTech, digital assets and cryptocurrencies.
2. Securities and financial instruments – general characteristics of securities, their basic features and classification according to different criteria, and the role of securities in the financial system.
3. Bonds – characteristics, types and the bond market – nature of debt securities, basic characteristics and classification of bonds, main types of bonds and specific features of the bond market.
4. Bonds – price, return and credit risk – basic principles of bond valuation, bond return and yield, basic calculations, bond ratings and their significance.
5. Money market and its instruments – characteristics of the money market, selected money market instruments, returns on short-term financial instruments and methods of their calculation, discounting.
6. Shares – characteristics and types – nature of equity securities, main types of shares, shareholders’ rights, forms of shares and their transferability.
7. Shares – return, valuation and market indicators – share prices and returns, basic valuation principles, selected market indicators and basic calculations involving shares.
8. Financial investment – nature and stages of the investment process, investment objectives, return, risk and liquidity, historical and expected return, systematic and unsystematic risk, and the importance of diversification.
9. Collective investment – principles and participants – individual versus collective investment, advantages and risks of collective investment, key participants and basic principles of collective investment.
10. Investment funds and ETFs – main types of investment funds, mutual funds and ETFs, fund performance, costs and risks, principles of investing in funds and collective investment in the Czech Republic.
11. Exchange and over-the-counter trading – functions and principles of organized markets, the Prague Stock Exchange, RM-SYSTÉM, the Central Securities Depository Prague, and basic principles of over-the-counter trading.
12. Primary and secondary securities markets – significance and organization of primary issues, securities prospectus, issuers’ disclosure obligations, primary issues in the Czech Republic, and links between primary and secondary markets.
13. Regulation, ethics and current trends in financial markets – basic legislative framework, regulation and supervision of financial markets, ethical principles, development of financial markets and current trends including FinTech, digital assets and cryptocurrencies.
Literature
Advised literature
CECCHETTI, Stephen G. a SCHOENHOLTZ, Kermit L., 2019. Money, Banking, and Financial Markets. 6th ed. New York: McGraw-Hill. ISBN 978-1-260-22678-2.
MISHKIN, Frederic S. a EAKINS, Stanley G., 2024. Financial Markets and Institutions. 10th ed., Global Edition. Harlow: Pearson. ISBN 978-1-292-45954-7 .
SYROVÝ, Petr, 2025. Investování pro začátečníky. 5., zcela přepracované a rozšířené vydání. Praha: Grada Publishing. ISBN 978-80-271-5511-8.
MISHKIN, Frederic S. a EAKINS, Stanley G., 2024. Financial Markets and Institutions. 10th ed., Global Edition. Harlow: Pearson. ISBN 978-1-292-45954-7 .
SYROVÝ, Petr, 2025. Investování pro začátečníky. 5., zcela přepracované a rozšířené vydání. Praha: Grada Publishing. ISBN 978-80-271-5511-8.