Terminated in academic year 2019/2020

Financial decision-making under risk

Type of study	Follow-up Master
Language of instruction	English
Code	154-0523/02
Abbreviation	FDMuR
Course title	Financial decision-making under risk
Credits	5
Coordinating department	Department of Finance
Course coordinator	prof. Dr. Ing. Zdeněk Zmeškal

Subject syllabus

1. Proposal methods and evaluation of firm financial plan
2. Financial decision-making criteria under risk
3. Markowitz model
4. CAPM, APT model.
5. Forward, future and swap contracts.
6. Option contracts, hedging.
7. Option methodology and its application in financial decison-making.
8. Capital structure theory and costs of capital estimation under risk.
9. Investment decision-making under risk.
10. Dividend theory and policy.
11. Company valuation under risk.
12. Acquisitions.
13. Cash management of multinational firm (theory of exchange rates estimation).
14. Cash management of multinational firm.

Literature

BERK, J. and P. DEMARZO. 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. Financial decision making under risk: workbook with solutions. Ostrava: VSB-TUO, 2013. ISBN 978-80-248-4217-2.

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.

back to search page