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Terminated in academic year 2019/2020

Principles of Personal Finance

Type of study Follow-up Master
Language of instruction Czech
Code 154-0354/01
Abbreviation PPF
Course title Principles of Personal Finance
Credits 3
Coordinating department Department of Finance
Course coordinator Ing. Kateřina Kořená, Ph.D.

Subject syllabus

Financial investment,investment process.Financial planning, typical family financial targets.
Family finance, household balance sheet and cash-flow, household savings. Household budget, importance of nest egg and insurance.
Financial mathematics, time value of money, basic household situation application.
Insurance products, life and disability insurance, non-life insurance, correct insurance, most frequent insurance mistakes.
Pension system, pension funds. Pension system reform. Advantages and disadvantages of investing in pension funds.
Securities – bonds, shares, mutual fund shares. Short-term and long-term investing. Household portfolio of securities.
Collective investment, types of funds. Investing in mutual funds.
Bank products, deposit accounts, credit products, mortgage loans, consumer lending, credit cards,building loans.
Household savings structure, preferences of saving ways and styles, household debts. Comparison of Czech and foreign household portfolios.
Principles of financial portfolio creation,good and bad debt,diversification, dollar cost averaging.
Financial independence, financial freedom - explanation of the terms, their importance to family finance,cash-flow quadrant.
Inflation, interest rates, exchange rates, their ifluence on family finance.
Investment psychology, value of money, relation to the own property, analysis of the investor behaviour in the financial markets.
Investing in tangible assets (real properties, commodities, collections).

Literature

SYROVÝ, Petr a Tomáš TYL. Osobní finance. 4. vyd. Praha: Grada, 2021. 248 s. 978-80-271-3123-5.
VESELÁ, Jitka. Investování na kapitálových trzích. 3. vyd. Praha: Wolters Kluwer ČR, 2019. 952 s. ISBN: 999-00-018-4966-5.

Advised literature

GLADIŠ, Daniel. Naučte se investovat. 2. vyd. Praha: Grada, 2022. 156 s. 978-80-247-1205-5.
KALÁTOVÁ, Veronika. Finanční zralost. Praha: Plot, 2021. 256 s. 978-80-7428-370-3.
KAPOOR, J. R., L. R. DLABAY and R. J. HUGHES. Personal Finance. 14th ed. McGraw-Hill/Irwin, 2023. 880 p. ISBN 978-1264101597 .