Course: Securities

« Back
Course title Securities
Course code KUF/KCP
Organizational form of instruction Lecture
Level of course Bachelor
Year of study not specified
Semester Winter and summer
Number of ECTS credits 6
Language of instruction Czech
Status of course Compulsory, Compulsory-optional
Form of instruction Face-to-face
Work placements unspecified
Recommended optional programme components None
Lecturer(s)
  • Zeman Petr, Ing. Ph.D.
Course content
Lectures: 1. Typology of investment, risk, return on investment 2. Security, basic types of securities, securities legislation in the Czech Republic, emissions and registration of securities. 3. Bills of exchange 4. Check 5. Bonds and types of bonds 6. Intrinsic value, risk and yield of the bond 7. Stocks 8. Intrinsic value, risk and rate of return of the stock 9. Other securities of share law 10. Modern portfolio theory 11. Financial derivatives - forwards 12. Financial derivatives - futures 13. Financial derivatives - options 14. Financial derivatives - swaps Seminars: 1. Basic classification of securities and pricing of securities 2. Financial arithmetic, simple and compound interest , future and current value 3. Securities of money market, yield basis and discount basis securities 4. Bonds - Bond pricing, bond yield measurement 5. Yield curve, yield curves types, spot and forward yield curve 6. Bond risks, Duration, convexity, immunization 7. Stock - intrinsic value, first option right 8. Stock yield and yields measurement 9. Risk and risks measurement 10. Portfolio analysis 11. Financial derivatives - forwards 12. Financial derivatives - futures 13. Financial derivatives - options 14. Financial derivatives - swaps

Learning activities and teaching methods
Monologic (reading, lecture, briefing), E-learning
  • Class attendance - 18 hours per semester
  • Preparation for classes - 46 hours per semester
  • Preparation for credit - 34 hours per semester
  • Semestral paper - 30 hours per semester
  • Preparation for exam - 40 hours per semester
Learning outcomes
The aim of the course is to acquaint students with the basic typology of securities. Students will be gradually introduced to all kinds of securities, derivatives with selected financial market and legal regulation in the Czech Republic. The course also focuses on the analysis of yield, risk and valuation of financial instruments.
Students are familiar with the legislation governing the securities in the Czech Republic, known typology of individual securities, their requirements, focusing on the rights and obligations which arise from securities. Students are able to calculate the risk and yield of various financial instruments and their intrinsic value.
Prerequisites
-

Assessment methods and criteria
Combined exam, Test

Credit Requirements: 1. Enrollment in the KUF/CP or, KUF/KCP in Moodle (https://elearning.jcu.cz/course/index.php? categoryid=419) within 4 weeks of the relevant semester including. 2. Active participation in exercises (consultations KS) 3. Elaboration of two credit tests (min. Required success rate 60%). Tests are written on-site during the 7th and 14th week. The 1st test contains topics from the 1st and 6th weeks of the respective semester and the 2nd test topics from the 7th to 13th weeks of the respective semester. Exam requirements: 1. Written test to verifying knowledge within the range defined by this syllabus (minimum required 60%) 2. Oral exam verifying knowledge within the range defined by this syllabus Examination evaluation: Excellent (95-100%) Excellent minus (90-94%) Very good (80-89%) Very good minus (75-80%) Good (60-74%) Not satisfied (0 - 59%) Assessment weights: 40% credit test, 30% exam test, 30% oral exam.
Recommended literature
  • Cipra, T. Matematika cenných papírů. Praha: Professional Publishing, 2013. ISBN 978-80-7431-079-9.
  • Kotásek, J., Pihera, V., Pokorná, J., Vítek. J. Právo cenných papírů. Praha: C. H. Beck, 2014. ISBN 978-80-7400-515-2.
  • Rejnuš, O. Finanční trhy (4.vyd). Praha, 2014. ISBN 978-80-247-3671-6.
  • Rose P. S. Money and Capital Markets: The Financial System in an Increasingly Global Economy. Boston, McGraw - Hill Irwin, 2009.
  • Veselá, J. Investování na kapitálových trzích 3.vydání. Wolters Kluwer ČR, 2019. ISBN 978-80-7598-212-4.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester
Faculty: Faculty of Economics Study plan (Version): Financial and Insurance Mathematics (4) Category: Mathematics courses 2 Recommended year of study:2, Recommended semester: Winter
Faculty: Faculty of Economics Study plan (Version): Accounting and Financial Management (4) Category: Economy 3 Recommended year of study:3, Recommended semester: Winter
Faculty: Faculty of Economics Study plan (Version): Accounting and Financial Management (3) Category: Economy 3 Recommended year of study:3, Recommended semester: Winter
Faculty: Faculty of Economics Study plan (Version): Economic Informatics (4) Category: Economy 2 Recommended year of study:2, Recommended semester: Winter