Course details

Securities and Stock Exchanges

CPB Acad. year 2015/2016 Summer semester 4 credits

Current academic year

The course is focused on the issue of securities and trading on public organized markets. The interpretation is focused on the principles of the functions of exchange markets through a system of defining the internal structure to the mechanism of operation and economic impact in the event of failure. Then focuses on the basic types of financial investment instruments, in particular the stock traded securities, as well as the derivative instruments, mutual funds and structured products. At the same time, the course also pays attention to entities involved in transactions in securities involved. And last but not least is its content as well as fundamental, technical and psychological analysis, as well as practical exercises of trading of securities on both exchanges in the Czech Republic and abroad. Completion of the course students acquire both a comprehensive view of the importance of financial investment instruments, and will learn to identify their specific properties. Together with the acquired practical knowledge on the principles of investment and knowledge of how to deal with them, the student can then carry out commercial transactions in the Czech Republic, as well as on foreign exchanges.

Guarantor

Rejnuš Oldřich, prof. Ing., CSc. (ÚE)

Language of instruction

Czech

Completion

Classified Credit

Time span

  • 26 hrs lectures
  • 13 hrs exercises

Department

Faculty of Business and Management (FP)

Subject specific learning outcomes and competences

Students will be made familiar with the theoretical approaches in the area of financial markets and will understand the process of decision on investments and assets allocation. They will be able to make a critical analysis with respect to the investment strategy

Learning objectives

The goal of the course is to teach how to apply the acquired knowledge when making decisions on investments and assets allocation.

Prerequisite knowledge and skills

The course requires prior knowledge of economics, mathematics, statistics and the basics of law.

Study literature

  • REJNUŠ, O.: Cenné papíry a burzy, CERM, 2009. ISBN 978-80-214-3808-7
  • REJNUŠ, O.: Finanční trhy, Key Publishing, Ostrava, 2011, 3. rozšířené vydání. ISBN 978-80-7418-128-3
  • REJNUŠ, O. Finanční trhy, 4. aktualizované a rozšířené vydání. Grada, 2014, 767 s. ISBN 978-80-247-3671-6.

Fundamental literature

  • JÍLEK, J.: Finanční a komoditní deriváty, Praha, Grada Publishing, 2002. ISBN 80-247-0342-4
  • JÍLEK, J.: Deriváty, hedžové fondy, offshorové společnosti, Praha, Grada Publishing, 2006. ISBN 80-247-1826-X
  • KISLINGEROVÁ, E., HNILICA, J.: Finanční analýza krok za krokem, Praha, C. H. Beck, 2005. ISBN 80-7179-321-3
  • VALACH, J.: Investiční rozhodování a dlouhodobé financování, Praha, Ekopress, 2001. ISBN 80-86119-38-6
  • Šoba,O., Širůček, M., Ptáček, R.: Finanční matematika v praxi. Grada Publishing, Praha, 2013. ISBN 978-80-247-4636-4

Syllabus of lectures

  1. The importance of organized markets and their impact on the financial and economic system. 
  2. Exchange Systems and methods for their operation. 
  3. Specific functions of individual sub-segments of the stock market. 
  4. Basic factors of investment strategy 
  5. The types of shares, their properties and ways of doing business. 
  6. Fundamental Analysis. 
  7. Technical Analysis. 
  8. Psychological Analysis. 
  9. Basic types of bonds, their properties and ways of doing business. 
  10. Investing through collective investment funds. 
  11. Fixed term derivative instruments - trading futures 
  12. Contingent derivative instruments - stock options trading. Specific features of structured products and trading. 
  13. Synthetic derivative instruments. Specifics exchange trading commodities and foreign currencies.

 

Syllabus of numerical exercises

  1. Introduction to the study "Securities and Stock Exchanges." 
  2. Exchange Systems stock exchanges, means of exchange trading. 
  3. Exchange trading of securities in the Czech Republic (practical exercises of trading) 
  4. The control test; investing through mutual and investment funds 
  5. Exchange trading of securities on foreign exchanges (practical exercises of trading on the stock exchanges in the U.S. and Germany). 
  6. The final test

Progress assessment

Výuka není kontrolována.

Controlled instruction

Attendance at seminars will be checked by the lecturer. Absence from seminars could be compensated for via a special assignment or a special credit test.

Course inclusion in study plans

  • Programme IT-MGR-2, field MMI, any year of study, Elective
Back to top