|
Lecturer(s)
|
-
Sadil Vojtěch, Ing. et Ing. PhD. LL.M.
|
|
Course content
|
Module 1- The Role of Financial Markets and Institutions Module 2- Interest Rates in Financial Markets Module 3- Money Market Module 4- Bond Market Module 5- Bond Valuation and Risk Module 6- Mortgage Market Module 7- Stock Valuation and Risk Module 8- Market Microstructure and Stock Trading Module 9- Futures Financial Markets Module 10- Option Markets Module 11- Swap Markets Module 12- Foreign Exchange and Derivatives Markets
|
|
Learning activities and teaching methods
|
- Preparation for course credit
- 21 hours per semester
- Preparation for examination
- 30 hours per semester
- Participation in classes
- 39 hours per semester
- Home preparation for classes
- 40 hours per semester
- Term paper
- 20 hours per semester
|
| prerequisite |
|---|
| Knowledge |
|---|
| Basic knowledge of - economics (macroeconomics and microeconomics), - finance (corporate finance, household finance (financial markets) ), - and mathematical-statistical methods, from the bachelor studying program (BSP). |
| Basic knowledge of - economics (macroeconomics and microeconomics), - finance (corporate finance, household finance (financial markets) ), - and mathematical-statistical methods, from the bachelor studying program (BSP). |
| Skills |
|---|
| After completing this course, the student will be able to do the following: - describe how the financial system works, discuss the main trends, mention the participating institutions and currently offered products - categorize investments, demonstrate the difference between real and financial investments within the context of changing economic conditions, using proper investment terminology - describe how the money market works including a description of money market products, the substance of treasury management, cash pooling, and explain the substance and practices of foreign exchange trading on real examples - describe how the capital market works and which securities can be traded there, categorize security exchanges, explain how security exchanges are operating, and to explain main intelligent orders usable in trading of securities - explain and apply fundamental analysis for trading financial market - explain and apply technical analysis for trading financial market - explain and apply market psychology for trading financial market - explain and apply Elliott wawes theory for trading financial market - categorize portfolio investment models with focus on Markowitz's portfolio selection model, CAPM and APT - explain basic principles of portfolio theory and to calculate the expected portfolio´s yield and return - explain effective frontier and optimal portfolio regarding to Markowitz's portfolio selection model - explain Sharpe´s simple index model (SIM) and apply it on real examples - explain the assumptions of portfolio theory, discuss the differences compared to Markowitz´s model, visually demonstrate effective frontier and capital market line (CML) construction, classify risks to systematic and systematic, discuss weaknesses of CAPM model and apply CAPM model on real examples including beta factor determination - have a basic orientation in multi-factor models - orient in collective investment and wealth management field - understand the main principles of capital market regulation and supervision |
| After completing this course, the student will be able to do the following: - describe how the financial system works, discuss the main trends, mention the participating institutions and currently offered products - categorize investments, demonstrate the difference between real and financial investments within the context of changing economic conditions, using proper investment terminology - describe how the money market works including a description of money market products, the substance of treasury management, cash pooling, and explain the substance and practices of foreign exchange trading on real examples - describe how the capital market works and which securities can be traded there, categorize security exchanges, explain how security exchanges are operating, and to explain main intelligent orders usable in trading of securities - explain and apply fundamental analysis for trading financial market - explain and apply technical analysis for trading financial market - explain and apply market psychology for trading financial market - explain and apply Elliott wawes theory for trading financial market - categorize portfolio investment models with focus on Markowitz's portfolio selection model, CAPM and APT - explain basic principles of portfolio theory and to calculate the expected portfolio´s yield and return - explain effective frontier and optimal portfolio regarding to Markowitz's portfolio selection model - explain Sharpe´s simple index model (SIM) and apply it on real examples - explain the assumptions of portfolio theory, discuss the differences compared to Markowitz´s model, visually demonstrate effective frontier and capital market line (CML) construction, classify risks to systematic and systematic, discuss weaknesses of CAPM model and apply CAPM model on real examples including beta factor determination - have a basic orientation in multi-factor models - orient in collective investment and wealth management field - understand the main principles of capital market regulation and supervision |
| learning outcomes |
|---|
| Knowledge |
|---|
| - knowledge of the principles of sub-segments of financial markets and their importance in the market's economic - knowledge of the essence of financial market assets - knowledge of the role of the institutions of the financial markets - knowledge of the essence of financial derivatives, including their risks - knowledge of methods for estimating the intrinsic value of financial assets |
| - knowledge of the principles of sub-segments of financial markets and their importance in the market's economic - knowledge of the essence of financial market assets - knowledge of the role of the institutions of the financial markets - knowledge of the essence of financial derivatives, including their risks - knowledge of methods for estimating the intrinsic value of financial assets |
| Skills |
|---|
| - to classify and judge the risk of different types of assets in financial markets - to interpret news from financial markets - to determine the intrinsic value of financial assets - to explain the opportunities and threats of financial derivatives - to explain the importance of different sub-segments of financial markets |
| - to classify and judge the risk of different types of assets in financial markets - to interpret news from financial markets - to determine the intrinsic value of financial assets - to explain the opportunities and threats of financial derivatives - to explain the importance of different sub-segments of financial markets |
| teaching methods |
|---|
| Knowledge |
|---|
| Monologic (Exposition, lecture, briefing) |
| Monologic (Exposition, lecture, briefing) |
| Dialogic (Discussion, conversation, brainstorming) |
| Dialogic (Discussion, conversation, brainstorming) |
| Practice exercises |
| Practice exercises |
| assessment methods |
|---|
| Analysis of the student's performance |
| Analysis of the student's performance |
| Grade (Using a grade system) |
| Grade (Using a grade system) |
| Composite examination (Written part + oral part) |
| Composite examination (Written part + oral part) |
|
Recommended literature
|
-
CIPRA, T. Practical guide to financial and insurance mathematics. Praha: Ekopress, 2020. ISBN 9788087865675.
-
MADURA, J. Financial Markets & Institutions, 13th Edition. Boston, 2019. ISBN 978-0357130797.
-
MAGINN, J.L., TUTTLE, D.L., PINTO, J.E. Managing investment portfolios: A dynamic process. 3rd ed.. Wiley: Hoboken, 2007. ISBN 978-0-470-08014-6.
-
MISHKIN, F.S. The economics of money, banking, and financial markets. Eleventh edition.. Boston: Pearson, 2016.
-
PETITT, B.S., PINTO, J. E., PIRIE, W.L., GRIEVES, R., NORONHA, G.M. Fixed income analysis. Third edition. Hoboken: Wiley, 2015. ISBN 97811189994.
|