A course is the basic teaching unit, it's design as a medium for a student to acquire comprehensive knowledge and skills indispensable in the given field. A course guarantor is responsible for the factual content of the course.
For each course, there is a department responsible for the course organisation. A person responsible for timetabling for a given department sets a time schedule of teaching and for each class, s/he assigns an instructor and/or an examiner.
Expected time consumption of the course is expressed by a course attribute extent of teaching. For example, extent = 2 +2 indicates two teaching hours of lectures and two teaching hours of seminar (lab) per week.
At the end of each semester, the course instructor has to evaluate the extent to which a student has acquired the expected knowledge and skills. The type of this evaluation is indicated by the attribute completion. So, a course can be completed by just an assessment ('pouze zápočet'), by a graded assessment ('klasifikovaný zápočet'), or by just an examination ('pouze zkouška') or by an assessment and examination ('zápočet a zkouška') .
The difficulty of a given course is evaluated by the amount of ECTS credits.
The course is in session (cf. teaching is going on) during a semester. Each course is offered either in the winter ('zimní') or summer ('letní') semester of an academic year. Exceptionally, a course might be offered in both semesters.
The subject matter of a course is described in various texts.
BIE-FTR.1 Financial Markets Extent of teaching: 2P+2C Instructor: Completion: Z,ZK Department: 18102 Credits: 5 Semester: L Annotation:
Financial sector has been deeply transformed in the recent years, which led to a development of structured financial products, a new point of view on the issue of credit risk, and globalization of market activities. The need to use and properly apply mathematical and technical tools is emphasized. To manage their financial activities, many firms need graduates from technical schools who have sufficient knowledge ICT and mathematics, and who have at the same time an understanding of the functioning of financial markets. The Financial Markets course thus englobes both a description of financial markets and related economic theories, and an overview of mathematical and statistical tools used in this field.
Lecture syllabus:
- Basic overview of the financial system - Interest rates, money market, bond market - Stock market and exchange market - Modeling of financial time series - Investment valuation, risk, portfolio valuation, CAPM model - Efficient markets hypothesis, issue of securities - Dividend payments, capital structure and value of a firm - Credit risk - Risk management and financial derivatives: futures and forwards, option pricing - Financial institutions and financial crises, role of central banksSeminar syllabus:
- Interest rates, bond pricing - Stock pricing - Modeling of financial time series - Investment valuation, risk, portfolio valuation, CAPM model - Financial derivatives: futures and forwards, option pricingLiterature:
F. S. Mishkin, S. G. Eakins: Financial Markets and Institutions R. A. Brealey, S. C. Myers, F. Allen: Principles of Corporate Finance Requirements:
The subject is designed for BA level, it complements the compulsory elective economics and management modules. Basic courses of calculus and statistics are prerequisites.
Information about the course and courseware are available at https://courses.fit.cvut.cz/BI-FTR/ The course is also part of the following Study plans:
Page updated 25. 4. 2024, semester: Z,L/2023-4, Z/2019-20, Z/2024-5, L/2022-3, Z/2020-1, Z,L/2021-2, L/2020-1, Z/2022-3, L/2019-20, Send comments to the content presented here to Administrator of study plans Design and implementation: J. Novák, I. Halaška