Course: Financial Markets

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Course title Financial Markets
Course code KUF/KFT
Organizational form of instruction Lecture
Level of course Master
Year of study not specified
Semester Winter and summer
Number of ECTS credits 5
Language of instruction Czech
Status of course Compulsory, Compulsory-optional
Form of instruction unspecified
Work placements unspecified
Recommended optional programme components None
Lecturer(s)
  • Jílek Milan, doc. Ing. Ph.D.
  • Zeman Petr, Ing. Ph.D.
Course content
Lectures: 1. Economic system and financial markets, types of financial markets, financial intermediaries 2. Theory of interest rates and types of interest rates on financial markets 3. Modern portfolio theory and capital asset pricing models - CAPM and APM 4. The theory of efficient markets, behavioural finance and anomalies in financial markets 5. Fundamental Analysis of Securities 6. Technical Analysis of Securities 7. Psychological analysis of securities and speculative bubbles in financial markets 8. Stock Exchange CP - Primary Market and New Securities Issues 9. Stock Exchange - Secondary Market 10. The banking sector 11. Collective investment institutions, investment funds 12. Insurance companies, pension companies, pension funds and pension system 13. Regulation and supervision of the financial market

Learning activities and teaching methods
Monologic (reading, lecture, briefing)
  • Class attendance - 16 hours per semester
  • Preparation for credit - 14 hours per semester
  • Preparation for exam - 28 hours per semester
  • Semestral paper - 42 hours per semester
  • Preparation for classes - 50 hours per semester
Learning outcomes
Learning outcomes of the course unit The aim of the course is to acquaint students with the functioning of the financial market and its influence on the real economy. Upon completion of the course, the student understands the investment process and basic theoretical concepts within the financial markets and can use this knowledge in investment decision making.
Students are familiar with the basic segmentation of the financial market, with its function in the economic system and the theories related to the financial market. Students get a complex overview of the issue of trading on organized markets, can calculate the risk and return of the security and are able to use the analysis of securities (fundamental, technical, psychological) needed in the investment decision-making process in financial markets.
Prerequisites
unspecified

Assessment methods and criteria
Oral examination, Combined exam, Test

Credit Requirement:         Successful completion of credit test (minimum 60%) Active participation in exercises Exam:         The exam consists of a written and an oral part. The written part takes the form of a test and its successful completion (70%) is a condition for attendance at the oral exam. Examination evaluation:         A 100 - 95 %         B 94 - 90 %         C 89 - 80 %         D 79 - 70 %         E 69 - 60 %         F 59 - 0 % Weights at final evaluation:          Credit Testing - 30%          The written part of the final exam - 30%          The oral part of the final exam - 40%
Recommended literature
  • Fabozzi F. J. Capital markets : institutions, instruments, and risk management. 5th ed.. Cambridge, 2015. ISBN 978-0-262-02948-3.
  • Jílek, J. Akciové trhy a investování. Praha: Grada Publishing, a. s., 2009. ISBN 978-80-247-2963-3.
  • Musílek, P. Trhy cenných papírů (2. akt. vyd.). Praha: Ekopres, s. r. o., 2011. ISBN 978-8086929-70-5.
  • Rejnuš, O. Finanční trhy. 2014. ISBN 978-80-247-3671-6.
  • Rejnuš, Oldřich. Finanční trhy. 4., aktualizované a rozšířené vydání. Praha : Grada Publishing, a.s., 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 3 Recommended year of study:3, Recommended semester: Summer
Faculty: Faculty of Economics Study plan (Version): Accounting and Financial Management (3) Category: Economy 1 Recommended year of study:1, Recommended semester: Summer