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Banking and Capital Markets

Type of study Follow-up Master
Language of instruction English
Code 154-0504/03
Abbreviation BCM
Course title Banking and Capital Markets
Credits 3
Coordinating department Department of Finance
Course coordinator prof. Ing. Tomáš Tichý, Ph.D.

Subject syllabus

1. Financial system - characteristics of financial system, role and classification of financial markets.
2. Banking system – structure and classification, new trends and risks in banking, contemporary situation in the banking sector in the Czech Republic and in the selected countries.
3. Central banks - the role and basic functions of central banks in the economy. Principles of their functioning.
4. Banks and their role in the banking system and in the economy. Determination of the main bank risks, bank valuation indicators.
5. Role and functions of commercial banks, principles of their functioning in the Czech Republic and European Union. Licensing and approval proceedings in EU.
6. Bank liabilities of commercial banks – characteristics of deposit services (types of demand and savings deposits) and non-deposit liabilities. Regulation and insurance of deposit services.
7. Credit services of commercial banks - characteristics of credit products. Lending policy and procedures. Creditworthiness of client. Classification of bank loans.
8. Off-balance sheet services of commercial banks - characteristics of non-deposit and non-loan products. Trusteeship.
9. Payment systems - the role of payment systems in the economy, their characteristics and classification. Cash payment.
10. Role and classification of financial instruments in capital markets - role, importance and types of securities, stocks, classification of stocks, stock yield and risk.
11. Bonds, classification of bonds, bond yield and risk, importance of rating.
12. Financial derivatives – definition and classification of financial derivatives, forwards, futures, options.
13. Financial innovations - structured instruments (structured bonds, investment certificates), securitization.
14. Fundamental analysis - global and industry analysis, company analysis, intrinsic value calculation.
15. Technical analysis, psychological analysis - principles of technical analysis, graphic methods and indicators, psychological analysis, principles of behavioral finance.
16. Asset management - professional portfolio management, management process, passive and active strategies, portfolio performance.
17. Capital markets subjects, stock exchanges - main participants in capital markets, stock exchange definition, types of stock exchange trading, security prospectus.
18. Collective investment - importance of collective investment, classification of funds, long-term investing, pension funds, regular investing.
19. Global financial markets - global financial centres, their characteristics and importance, NYSE, NASDAQ, Asian stock exchanges, European stock exchanges.
20. Supervision and regulation in financial markets, role and goals of supervision and regulation in financial markets, institutional structure of supervision and regulation.
21. Contemporary situation in financial markets - current trends in financial markets, globalization.



Literature

BAKER, H. Kent; FILBECK, Greg and KIYMAZ, Halil. Equity markets, valuation, and analysis. Hoboken, New Jersey: Wiley, 2020. ISBN 978-1-119-63292-4 . Dostupné z: https://research.ebsco.com/c/yoie6s/search/details/swltqs4fpf?limiters=None&q=Equity%20markets%2C%20valuation%2C%20and%20analysis.
BRANDL, Michael W. Money, banking, financial markets & institutions. 2nd ed. Boston, MA: Cengage, 2021. ISBN 9781337904827 . Dostupné z: http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=2639330.
CASU, Barbara, Claudia GIARDONE and Philip MOLYNEUX. Introduction to Banking. 3rd ed. Harlow: Pearson, 2022. ISBN 978-1-292-24033-6 .

Advised literature

CHOUDHRY, Moorad. The Principles of Banking. 2nd ed. Singapore: Wiley, 2023. ISBN 978-1119755647.
LAOPODIS, Nikiforos. Understanding investments: theories and strategies. 2nd ed. London: Routledge, Taylor & Francis Group, 2021. ISBN 978-1000074741 .
REILLY, Frank K., Keith C. BROWN and Sanford. J. LEEDS. Investment analysis and portfolio management. 11th ed. Boston: Cengage, 2019. ISBN 978-1305262997.