Finance, Accounting and Taxes

The proposed study program aims to prepare qualified staff for the profession in the financial and capital markets, banking, insurance, financial departments of commercial subjects, independent accountants, tax specialists and future auditors. An important goal of the study program is also the preparation of persons who are subject of regulatory requirements in the field of financial services distribution. The aim of the study is to acquire the key theoretical knowledge as well as practical skills required by employers themselves in this field, but also by regulatory authorities often requiring the demonstration of the necessary knowledge, competences and practical skills in the form of relevant professional examinations. Successful graduates of the proposed program will thus be able to take up positions requiring such examinations smoothly, as the study program prepares them for them without the need for further long-term training, as is often the case when employers are forced to recruit less qualified workers first then train them at their own expense in order to meet the qualification requirements for the pursuit of professions in the field of capital market business, tax consultancy, audit, corporate financial management and financial analysis. In elective courses, students will be able to profile their professional profile in relation to their individual needs and the needs of the positions in which they plan to pursue their careers in the future.

After successfully completing his/her studies the graduate is able to:

• Distinguish various forms of payment system, classify and explain the financial risks of the banks, understand the types of loans and the course of the credit process, including the basic methods of assessing the client's creditworthiness.
• Use basic accounting software for accounting and tax records of business entities.
• Analyze and interpret the data contained in the financial statements, compile these statements and use the data for processing basic financial analyzes.
• Understand and use basic banking and insurance products, analyze their economic benefits, compare them and propose recommendations for their use in relation to the needs of specific subjects.
• Work with the most commonly used spreadsheets and statistical software, use them to systematize and optimize economic data, draw conclusions and recommendations for specific subjects in terms of optimal economic behavior.
• Analyze and apply the applicable legislation in the field of legal obligations of entities relating in particular to obligations related to the conduct of business, payment duties, registration and other administrative duties.
• Analyze trends in financial markets, understand the interconnection of financial markets and other markets (labor market, goods and raw materials, services, etc.). Understand the influence of financial market regulation on their development and produ
• Apply financial-mathematical procedures for the needs of financial decision-making of individual business entities and consumers.
• Use the acquired knowledge and skills to pass the compulsory professional examinations required to operate a business in the financial markets, banking, insurance, financial consulting, tax consulting, bookkeeping and auditing.

Graduates of the proposed study program will be prepared to pursue the profession and conduct business in the financial and capital markets, client positions in banking and insurance industry and in financial consulting. They will also be able to hold positions in the accounting and finance departments of commercial entities, especially in the positions of accountant, payroll accountant, financial analyst, assistant auditor or tax specialist. At the same time, they will acquire the prerequisites for the ability of independent business in the field of tax records and accounting for other entities. After passing the compulsory professional examinations, they can also act as tax advisors, certified accountants and auditors.

Practice will be a mandatory part of the curriculum. In accordance with Government Regulation No. 274/2016 Coll. the time spent on practice will be 12 weeks. The content of practice will concern the content of the study, its content will be determined at the beginning of the relevant semester and approved by the guarantor of the course Practice, and should appropriately support the elaboration of the final thesis. Given the above-mentioned time allocation of practice, it will correspond to a credit grant of 16 credits. The placement of the subject of practice will be recommended in the second half of the study plan so that it suitably complements the choice and elaboration of the topic of the final thesis.

Elaboration of the final work of about 30-35 pages (without attachments) should verify the ability of students to apply problem-oriented approach to interest entities (businesses, public and state institutions, non-profit organizations, cities and regions, information systems, etc.), search for necessary set of relevant information, identify and accurately describe problem fields in accordance with acquired theoretical knowledge, determine appropriate methods and procedures for their applied analysis, describe and analyze obtained data and propose specific and typically feasible measures to resolve problem or optimized situations. The focus of the final work and its practical outcomes will be closely linked to the compulsory course of Practice, both content and form will be decided on in cooperation with the supervisor.