BPF_AFIM Financial Markets

Ekonomicko-správní fakulta
jaro 2026
Rozsah
2/2/0. 6 kr. Ukončení: zk.
Vyučováno kontaktně
Vyučující
Ing. Dagmar Vágnerová Linnertová, Ph.D. (přednášející)
Ing. Dagmar Vágnerová Linnertová, Ph.D. (cvičící)
Garance
Ing. Dagmar Vágnerová Linnertová, Ph.D.
Katedra financí – Ekonomicko-správní fakulta
Kontaktní osoba: Kristina Charvátová
Dodavatelské pracoviště: Katedra financí – Ekonomicko-správní fakulta
Rozvrh
Čt 12:00–13:50 P312, kromě Čt 19. 2., kromě Čt 9. 4.
  • Rozvrh seminárních/paralelních skupin:
BPF_AFIM/01: Čt 14:00–15:50 P103, kromě Čt 19. 2., kromě Čt 9. 4., D. Vágnerová Linnertová
BPF_AFIM/02: Čt 8:00–9:50 P303, kromě Čt 19. 2., kromě Čt 9. 4., D. Vágnerová Linnertová
Předpoklady
((! BPF_FMRA Financial Markets )|| (! BPF_FMRN Finanzmärkte )|| (! BPF_FITR Finanční trhy ))&&(! MPF_AFIM Financial Markets )
Omezení zápisu do předmětu
Předmět je nabízen i studentům mimo mateřské obory.
Předmět si smí zapsat nejvýše 45 stud.
Momentální stav registrace a zápisu: zapsáno: 49/45, pouze zareg.: 2/45, pouze zareg. s předností (mateřské obory): 0/45
Jiné omezení: Nezapisují si studenti, kteří absolvovali předmět PFFITR nebo PFFMRA nebo PFFMRN nebo BPF_FMRA nebo BPF_FMRN nebo BPF_FITR
Mateřské obory/plány
Anotace
The aim of the course is to describe the role of financial system and individual markets within economic system, to determine particular markets and understand the structure of financial products. The course is divided in 4 blocks correspond with the structure of the financial market and the aim of each block is to provide the information about the structure and main products of a market and methods of valuation. The theoretical knowledge are linked with real market data obtained from the Bloomberg terminal.
Výstupy z učení
A student will be able to specify and characterize the structure of the financial market and individuals forms of markets with the focus on money market, bond and equity market, derivative market. The part of the course is dedicated to commercial banking sector as a alternative method of a capital acquiring. Students will be able to classify particular financial products, know their characteristics and valuate them. Students will be able to formulate an investment decision base on risk and return. Students will be able to discuss about advantages and disadvantages related with individual investment products and will be oriented in all financial market segments. In the section deals with a commercial banking sector a student will be able to determine the role of banks on financial markets, understand the importance of bank regulation and discuss about advantages and disadvantages related with fund providing through investment products and/ or bank instruments.
Klíčová témata
  • Lectures:
    1. Overview of the Financial Environment
    2. Money Markets
    3. Bond Markets
    4. Valuation of debt securities
    5. Equity Market, Stock Offering and Investor Monitoring, Market Microstructure
    6. Stock Valuation and Risk
    7. Mutual Fund Operations
    8. Financial Futures Markets
    9. Option Markets
    10. Mortgage Markets
    11. Nonbank Operations
    12. Commercial Bank Operations
  • Seminars:
  • 1. Introduction of the seminar, Time value of money
    2. Overview of the Financial Environment
    3. Money Markets and Bond Markets
    4. Bond Markets
    5. Progress test no 1
    6. Equity Market, Stock Offering and Investor Monitoring,
    7. Stock Valuation and Risk
    8. Mutual Fund Operations
    9. Financial Futures Markets
    10. Option Markets
    11. Mortgage Markets
    12. Progress test no 2
Studijní zdroje a literatura
    povinná literatura
  • MADURA, Jeff. Financial markets and institutions. 12th edition. Boston: Cengage, 2018, xxxiii, 76. ISBN 9781337099745. info
  • MISHKIN, Frederic S. The economics of money, banking and financial markets. Thirteenth edition, Global e. Harlow: Pearson, 2022, 718 stran. ISBN 9781292409481. info
  • BODIE, Zvi; Alex KANE a Alan J. MARCUS. Investments. 10th global ed. Maidenhead: McGraw-Hill Education, 2014, xxviii, 10. ISBN 9780077161149. info
    doporučená literatura
  • MISHKIN, Frederic S. a Stanley G. EAKINS. Financial markets and institutions. Ninght edition, global editi. Harlow, England: Pearson, 2018, 688 stran. ISBN 9781292215006. info
Přístupy, postupy a metody používané ve výuce
The course is dividend in individual lectures and seminars. Lectures copy the contents of the course. The powerpoint presentations are available online for students and individual topics are discussed during the lecture. In seminars individual student’s essay is delivered, which deals with the particular problem. The theory is practising using variations of exercises (including multiple choice problems, true/ false problems, etc.). Computational problems link to the topic of a lecture are solved in seminars as well. The lecturer regularly prepares assignment that is solved in seminar and gives extra points for student’s individual solution that is delivered at the end of every seminar.
Způsob ověření výstupů z učení a požadavky na ukončení
The course is concluded with a written final examination held during the examination period, worth a maximum of 50 points.


During the semester, students complete two midterm tests in seminars (Week 6 and Week 12), each worth 30 points, for a total of 60 points. The tests cover seminar material and consist of multiple choice questions and three computational problems; during the midterm tests, students may use a one page A4 formula sheet. To be admitted to the final examination, students must obtain at least 60 percent of the midterm points, i.e. a minimum of 36 points. The points earned in the midterm tests are included in the final course evaluation. 

Seminar participation is evaluated with up to 2 points per seminar, and students must obtain at least 10 participation points during the semester; any additional points are automatically included in the overall course evaluation. 

Students may also earn bonus points through voluntary KvIS quizzes completed during lecture time, with a maximum of 2 points per lecture; KvIS quizzes can only be accessed during the lecture and no corrections or make up attempts are possible. 

The total maximum number of points is 120, plus any additional bonus points from lecture and seminar activities or homework assignments, and to successfully pass the course students must obtain at least 60 percent, i.e. 72 points. 

The grading scale is as follows: 

A 92 percent or above (111–120 points), 

B 91–85 percent (101–110 points), 

C 84–76 percent (92–100 points), 

D 75–68 percent (82–91 points), 

E 67–60 percent (72–81 points), and 

F 59 percent or below (0–70 points). 

If a student fails to meet the conditions required for admission to the final examination, they are entitled to one resit test in the first week of the examination period, which must be passed with at least 60 percent; if successful, the student is admitted to the final examination with the points earned during the semester, while the resit test points are not included in the final evaluation. The resit test consists of multiple choice questions with one correct answer and covers all chapters discussed during the semester. 

Any academic misconduct, including the use of unauthorized materials (such as cheat sheets, notes, mobile phones, smart devices, or AI tools including generative AI systems), copying from another student, allowing another student to copy, removing any part of the test, communicating during the test, or any other form of cheating or dishonest behavior, may result in the immediate interruption of the assessment and the assignment of a grade F, depending on the severity of the violation. This rule applies to all components of the course assessment, including midterm tests, the final examination, seminar activities, homework, semester papers, and any other graded assignments.

Náhradní absolvování
If a student goes abroad and does not enrol in an equivalent course at the host institution, they must complete two midterm tests and a final exam upon return in order to pass the course. The final grade will be based on the total number of points earned from all three components. Alternatively, if the student completes an equivalent course abroad, they may apply for its recognition. In such cases, the student must contact the course guarantor before departure to agree on the required conditions.
Vyučovací jazyk
Angličtina
Další komentáře
Studijní materiály
Předmět je vyučován každoročně.
Informace k inovaci předmětu
Tento předmět byl vytvořen/inovován za podpory EU, Next Generation, Národního plánu obnovy a Ministerstva školství, mládeže a tělovýchovy v rámci projektu NPO 7.4. – Podpora zelených dovedností a udržitelnosti na MU, reg. č. 0016/NPO74_PZDU_VS.

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This course was created/innovated with the support of the EU, Next Generation, the National Recovery Plan, and the Ministry of Education, Youth, and Sports as part of the NPO 7.4 project – Support for Green Skills and Sustainability at MU, reg. no. 0016/NPO74_PZDU_VS.
Předmět je zařazen také v obdobích jaro 2017, jaro 2018, jaro 2019, jaro 2020, jaro 2021, jaro 2022, jaro 2023, jaro 2024, jaro 2025.
  • Statistika zápisu (nejnovější)
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