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Principles of Personal Finance

Type of study Follow-up Master
Language of instruction Czech
Code 154-0354/02
Abbreviation PPF
Course title Principles of Personal Finance
Credits 3
Coordinating department Department of Finance
Course coordinator Ing. Kateřina Kořená, Ph.D.

Osnova předmětu

1. Financial investment, investment process. Financial planning, typical family financial targets.
2. Family finance, household balance sheet and cash-flow, household savings. Household budget, importance of nest egg and insurance.
3. Financial mathematics, time value of money, basic household situation application.
4. Insurance products, life and disability insurance, non-life insurance, correct insurance, most frequent insurance mistakes.
5. Pension system, pension funds. Pension system reform. Advantages and disadvantages of investing in pension funds.
6. Securities – bonds, shares, mutual fund shares.
7. Household portfolio of securities.
8. Collective investment, investing in mutual funds as a part of household portfolio. Types of funds, active and passive investment strategies.
9. Bank products, deposit accounts, credit products, mortgage loans, consumer lending, credit cards, building loans.
10. Principles of financial portfolio creation, good and bad debt, diversification, dollar cost averaging.
11. Alternative investments - yield, risk, liquidity. Investing in tangible assets (real properties, commodities, collections).
12. Investment psychology, value of money, relation to the own property, analysis of the investor behaviour in financial markets.
13. Role of financial advisor, work with client, ethical use of information, ethics in financial markets.
14. Selected examples of non-ethical financial advisory and investing.

Povinná literatura

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.

Doporučená literatura

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 .