| Course Unit Code | 154-0354/02 |
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| Number of ECTS Credits Allocated | 3 ECTS credits |
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| Type of Course Unit * | Choice-compulsory type B |
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| Level of Course Unit * | Second Cycle |
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| Year of Study * | First Year |
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| Semester when the Course Unit is delivered | Summer Semester |
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| Mode of Delivery | Face-to-face |
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| Language of Instruction | Czech |
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| Prerequisites and Co-Requisites | Course succeeds to compulsory courses of previous semester |
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| Name of Lecturer(s) | Personal ID | Name |
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| KOR21 | Ing. Kateřina Kořená, Ph.D. |
| Summary |
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| The course is focused on achieving basic knowledge of personal and family finance and financial literacy. The aim of this course is to get students acquainted with using of the appropriate financial products and understanding the work of financial advisor. The students will be able to compare particular financial products, to define the work of financial advisor and be familiar with basic principles of his/her work and to create own personal investment portfolio. |
| Learning Outcomes of the Course Unit |
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The aim of this course is to get students acquianted with the principals of the financial literacy, i.e. personal financial planning and using of appropriate financial products.
The students will be able to:
- understand basic securities,
- compare financial products,
- understand principles of investment including collective investment,
- define the work of financial adviser,
- create own personal investment portfolio.
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| Course Contents |
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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.
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| Recommended or Required Reading |
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| Required Reading: |
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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. |
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.
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| Recommended Reading: |
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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.
|
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.
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| Planned learning activities and teaching methods |
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| Lectures |
| Assesment methods and criteria |
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| Task Title | Task Type | Maximum Number of Points
(Act. for Subtasks) | Minimum Number of Points for Task Passing |
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| Examination | Examination | 100 | 51 |