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ECTS Course Overview



Ethics in Finance

* Exchange students do not have to consider this information when selecting suitable courses for an exchange stay.

Course Unit Code154-0569/01
Number of ECTS Credits Allocated3 ECTS credits
Type of Course Unit *Choice-compulsory
Level of Course Unit *Second Cycle
Year of Study *
Semester when the Course Unit is deliveredSummer Semester
Mode of DeliveryFace-to-face
Language of InstructionEnglish
Prerequisites and Co-Requisites Course succeeds to compulsory courses of previous semester
Name of Lecturer(s)Personal IDName
KOR21Ing. Kateřina Kořená, Ph.D.
NOV33Ing. Martina Novotná, Ph.D.
NOV329Ing. Josef Novotný, Ph.D.
GUR022Ing. Petr Gurný, Ph.D.
Summary
The aim of this course is to get students acquainted with the principals of the ethical behaviour in a business environment.
The students will be able to:
- understand basic ethical standards in entrepreneurship,
- recognize role of law and regulation in business and financial markets,
- define the work of financial institutions from the ethical point of view,
- grasp that business ethics is one of the most important aspects of long-term success.
Learning Outcomes of the Course Unit
The course focuses on achieving basic knowledge of ethics in a business environment. The aim of this course is to get students acquainted with the principals of the ethical behaviour in corporate finance and financial markets and prepare them for the problems they will face in real professional life.
Course Contents
Contents:
1. Professionalism
- Ethics as a central issue in financial services
- Importance pf knowledge of the law , rules and regulation
- Role of regulation in corporate finance and financial markets
- Plagiarism policy

2. Integrity of Financial Markets
- Ethical use of information, information asymmetry
- Trading on insider information
- Investment banking and Chinese walls
- Market manipulation

3. Ethics and Business
- Concrete examples of unethical behaviour in corporations
- Investing in companies with good corporate governance practices
- Socially responsible investing

4. Duties to Clients and Employers
- Loyalty, prudence, and care
- Fair dealing and suitability
- Ethical reporting of financial performance
- Investment analysis, recommendations, and actions
- Conflicts of interest
- Communication with clients, priority of transactions and referral fees
Recommended or Required Reading
Required Reading:
JENNINGS, Marianne. Ethics and financial markets: the role of the analyst. New York: Research Foundation of CFA Institute, 2013. ISBN 978-1-934667-61-3.
PECK, Sarah W. Investment ethics. Hoboken: John Wiley & Sons, 2011. ISBN 978-0-470-43453-6.
JENNINGS, Marianne. Ethics and financial markets: the role of the analyst. New York: Research Foundation of CFA Institute, 2013. ISBN 978-1-934667-61-3.
PECK, Sarah W. Investment ethics. Hoboken: John Wiley & Sons, 2011. ISBN 978-0-470-43453-6.
Recommended Reading:
BOATRIGHT, John R. Ethics in finance. Chichester: Wiley-Blackwell, 2014. ISBN 978-1-118-61582-9.
BOATRIGHT, John R. Ethics in finance. Chichester: Wiley-Blackwell, 2014. ISBN 978-1-118-61582-9.
Planned learning activities and teaching methods
Lectures
Assesment methods and criteria
Tasks are not Defined