| Course Unit Code | 634-3016/02 |
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| Number of ECTS Credits Allocated | 6 ECTS credits |
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| Type of Course Unit * | Optional |
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| Level of Course Unit * | Second Cycle |
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| Year of Study * | |
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| Semester when the Course Unit is delivered | Winter Semester |
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| Mode of Delivery | Face-to-face |
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| Language of Instruction | English |
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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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| JAN48 | prof. Ing. Kamila Janovská, Ph.D. |
| KUT064 | Ing. Josef Kutáč, Ph.D. |
| Summary |
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| The course provides students with basic knowledge of the economic management of an industrial enterprise, it is focused on the understanding of concepts and relationships in corporate economic management. The explanation is concentrated on the economic and financial management of the company with a focus on the specifics of metallurgical, mechanical and chemical production. It also contains the basics of enterprise management and application of management principles in various areas of the enterprise. |
| Learning Outcomes of the Course Unit |
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| The student will be able to define basic relations of economic management of an industrial enterprise. The student will be able to use his/her theoretical knowledge to assess the financial situation and the health of the company in connection with the specifics of metallurgical, mechanical and chemical production. |
| Course Contents |
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1. The legal framework for business.
2. Organizational forms of business.
3. Basic Financial Statements - Balance Sheet, Profit and Loss Statement, cash flow.
4. Economic management and specifics of the manufacturing industry.
5. The capital and property structure of enterprises focused on the manufacturing industry.
6. Financing of industrial enterprises with regard to their specifics.
7. Economics and efficiency of enterprises focused on the manufacturing industry.
8. Objectives, functions and activities of an industrial enterprise.
9. Calculation of the production capacity - time funds, utilization of production capacities.
10. Time and risk factor in financial management and evaluation.
11 Time value of money, cash flow of investment projects with respect to the specifics of the manufacturing industry.
12. Life cycle of an industrial enterprise.
13. Business management and managerial functions.
14. Applying management principles in various business areas.
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| Recommended or Required Reading |
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| Required Reading: |
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BAYE, M. R. aj. PRINCE. Managerial economics and business strategy. Ninth edition. New York: McGraw-Hill Education, 2017. ISBN 978-1-259-25138-2.
THOMAS, Ch. R. a S. Ch. MAURICE. Managerial economics: foundations of business analysis and strategy. Twelfth edition. New York: McGraw-Hill Education, 2016. ISBN 978-1-259-25107-8.
GOLDMAN, A. J. a W. D. SIGISMOND. Business law: principles and practices. 8th ed. Mason: South-Western Cengage Learning, c2011. ISBN 978-0-538-74995-4.
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SYNEK, M. a E. KISLINGEROVÁ. Podniková ekonomika. 6. přeprac. a dopl. vyd. V Praze: C.H. Beck, 2015. ISBN 978-80-7400-274-8.
SEDLÁČEK, M., P. SUCHÁNEK a J. ŠPALEK. Kvalita a výkonnost průmyslových podniků. Brno: Masarykova univerzita, 2012. ISBN 978-80-210-6075-3.
VALACHOVÁ, B. Obchodní korporace a jejich přeměny: (právní, účetní a daňové aspekty). Ostrava: Key Publishing, 2014. ISBN 978-80-7418-220-4.
ROBBINS, S. P. a M. K. COULTER. Management. Thirteenth edition. Boston: Pearson, 2016. ISBN 978-1-292-09020-7.
MARTINOVIČOVÁ, D., J. VAVŘINA a M. KONEČNÝ. Úvod do podnikové ekonomiky. Praha: Grada Publishing, 2014. ISBN 978-80-247-5316-4. |
| Recommended Reading: |
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BROOKS, R. Financial management: core concepts. Third edition. Boston: Pearson, 2016. ISBN 978-1-292-10142-2.
studijní opory: Managerial Economics: https://www.fmmi.vsb.cz/cs/katedry-a-pracoviste/634/vyukove-opory-katedry/index.html
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ŠMÍDOVÁ, R. Finanční analýza a plánování podniku: sbírka neřešených příkladů. Vyd. 3. Praha: Oeconomica, 2012. ISBN 978-80-245-1851-0.
Živnostenské podnikání: předpisy regulující podnikání : redakční uzávěrka 22.8.2016. Ostrava: Sagit, 2016. ISBN 978-80-7488-179-4.
studijní opory: Ekonomika podniku a Manažerská ekonomika: https://www.fmmi.vsb.cz/cs/katedry-a-pracoviste/634/vyukove-opory-katedry/index.html |
| Planned learning activities and teaching methods |
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| Lectures, Tutorials, Project work |
| Assesment methods and criteria |
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| Tasks are not Defined |