MPF_ASAN Security analysis

Faculty of Economics and Administration
Autumn 2014
Extent and Intensity
2/2/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Dagmar Vágnerová Linnertová, Ph.D. (lecturer)
Ing. Dagmar Vágnerová Linnertová, Ph.D. (seminar tutor)
Guaranteed by
Ing. Dagmar Vágnerová Linnertová, Ph.D.
Department of Finance – Faculty of Economics and Administration
Contact Person: Mgr. Jana Nesvadbová
Supplier department: Department of Finance – Faculty of Economics and Administration
Timetable
Thu 15:30–17:05 S313
  • Timetable of Seminar Groups:
MPF_ASAN/01: Thu 17:10–18:45 S313, D. Vágnerová Linnertová
Prerequisites (in Czech)
! MPF_ACP1 The Security Analysis 1
Course Enrolment Limitations
The course is only offered to the students of the study fields the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives
Students will be able to orient themselves in methods of security analysis, use particular financial market indicators for security analyses and assess individual securities. According this gained knowledge they will be able to recommend a particular investment decision and use information from annul reports of companies and internet for security assessment.
Syllabus
  • Lectures:
  • 1 The scope and limits of security analysis. The concept of intrinsic value
  • 2 Fundamental analyses: global analysis
  • 3 Fundamental analyses: sector analysis
  • 4 Fundamental analyses: security analysis
  • 5 Technical analyses
  • 6 Dow Theory
  • 7 Graphical methods of technical analysis
  • 8 Indicators of technical analysis
  • 9 Psychological analyses -Kostolany, Drasner, Keynes conception, Epstein and Garfield investment psychology
  • 10 Theory of speculative bubble, pyramid principle in investment
  • 11 Theory of effective markets
  • 12 Pricing model I
  • 13 Pricing model II
  • Seminars:
  • 1 Introduction
  • 2 Fundamentals about security analysis
  • 3 Data
  • 4 In-term test no.1
  • 5 Global and sector fundamental analysis
  • 6 Methods and tools of technical analysis
  • 7 Psychological analyses
  • 8 Theory of effective markets
  • 9 Theory of speculative bubble, pyramid principle in investment
  • 10 In-term test no.2
  • 11 Theory of effective markets
  • 12 Pricing models I
  • 13 Pricing models II
Literature
    required literature
  • DAMODARAN, Aswath. Investment valuation : tools and techniques for determining the value of any asset. 2nd ed. New York: John Wiley & Sons, 2002, xvi, 992. ISBN 0471414905. info
  • GRAHAM, Benjamin and David L. DODD. Security analysis : principles and technique. 2nd ed. New York: McGraw-Hill Book Company, 1940, xiii, 851. ISBN 007141228X. info
    recommended literature
  • DAMODARAN, Aswath. Investment philosophies : successful strategies and the investors who made them work. Hoboken: John Wiley & Sons, 2003, viii, 504. ISBN 0471345032. info
  • DAMODARAN, Aswath. Damodaran on valuation : security analysis for investment and corporate finance. New York: John Wiley & Sons, 1994, xi, 426. ISBN 0471304654. info
Teaching methods
Individual lectures, in seminars application of knowledge about evaluation risk and revenue in individual examples and application of particular methods from fundamental, technical and psychological analysis in selected securities.
Any copying, recording or leaking tests, use of unauthorized tools, aids and communication devices, or other disruptions of objectivity of exams (credit tests) will be considered non-compliance with the conditions for course completion as well as a severe violation of the study rules. Consequently, the teacher will finish the exam (credit test) by awarding grade "F" in the Information System, and the Dean will initiate disciplinary proceedings that may result in study termination.
Assessment methods
Both in-term tests are written in seminars according to the time schedule of seminars. The in-term test has 30 points per each. It is necessary to get sum of 36 points from in-term tests at least. The half of in-term tests points is added to the total score. There is only one attempt per every test!
Pre final exam condition
  • 36 points from both in-term tests at least (60 %)
    Exam and final result
  • Two parts – written exam (max. 60 points) and oral exam (max. 10 points).
    Final grade is total number of points from two in-term tests and final exam test – at most 100 points.
    Final written exam has a form of a multiple choice and mathematical calculations.
    • Language of instruction
    English
    Further Comments
    Study Materials
    Information about innovation of course.
    This course has been innovated under the project "Inovace studia ekonomických disciplín v souladu s požadavky znalostní ekonomiky (CZ.1.07/2.2.00/28.0227)" which is cofinanced by the European Social Fond and the national budget of the Czech Republic.

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    Listed among pre-requisites of other courses
    The course is also listed under the following terms Autumn 2010, Autumn 2011, Autumn 2012, Autumn 2013, Autumn 2015, Autumn 2016, Autumn 2017, Autumn 2018, Autumn 2019, Autumn 2020, Autumn 2021, Autumn 2022, Autumn 2023, Autumn 2024.
    • Enrolment Statistics (Autumn 2014, recent)
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