EKE16 Banks and Financial Operations

University College Prague – University of International Relations and Institute of Hospitality Management and Economics, Ltd.
summer 2021
Extent and Intensity
2/2/0. 5 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Karolina Macháčková, Ph.D. (lecturer)
Ing. Karolina Macháčková, Ph.D. (seminar tutor)
Prerequisites
Macro- and Microeconomics
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
Objective of the course in terms of learning outcomes and competences on financial issues, especially at middle management level. Knowledge: The student will get an overview of the functioning of capital and money markets, banking sector and other entities operating in the financial sector Skills: After acquiring the knowledge, the student is well informed in the offer of banking products and is able to analyze advantages and disadvantages of individual financial investments in terms of business entity and personal finance. The graduate of the bachelor program can practically use the main banking products and consider financial investments in terms of profitability, risk and liquidity of invested funds.
Learning outcomes
Students will understand the processes of creation and extinction of money and how money works and what role they play in the economy. Student can explain the basic characteristics of the currency, understand the function of financial markets and what products can be traded and what role the financial intermediaries play. Students will understand how banks work, what activities they perform, they can distinguish bank loans and leasing.
Syllabus
  • Students learn: 1. Money, its origin, development, functions and forms. 2. Currency, its purchasing power and currency exchange rate. 3. Characteristics and classification of financial markets, their instruments. 4. Financial intermediaries - pension funds, mutual and investment funds, insurance companies. 5. Current development of financial markets, world financial crisis. 6. Trading in securities on an organized market, Prague Stock Exchange, a. S. 7. Banking systems, types of banks, development of the banking sector in the Czech Republic. 8. Commercial banks, their products and basic operations, principles and risks of banking business. 9. Bank loans, their types, provision, collateral, repayment and interest. 10. Passive operations of commercial banks, types of deposits and client accounts. 11. Payment system, its organization, forms and tools of payment system. 12. Position and function of central bank. 13. Instruments of monetary policy of the Czech National Bank
Literature
    required literature
  • WRIGHT, R. E., QUADRINI, V. 2009, Money and Banking, Flat World Knowledge, NYU, ISBN: 978-0-9820430-8-0.
  • MISHKIN, F. The economics of money, banking and financial markets, Boston Pearson, 2013. ISBN 978-0-13-277024-8
  • KRUGMAN, Paul R. and Maurice OBSTFELD. International Economics, Theory & Policy. Sevemth Edition. Boston: Daryl Fox, 2006, 664 pp. ISBN 0-321-31154-X. info
    recommended literature
  • WATSON, C. Banking Operations. 6th Edition: Global Professional Publishing, 2014. 250s. ISBN-13: 978-1909170117
  • KRANTZ, M., JOHNSON, R. Investment Banking For Dummies. John Wiley & Sons Inc.: 2014. 384s. ISBN-13: 978- 1118615775
Teaching methods
frontal teaching, theoretical background, class discussion, PWP presentations
Assessment methods
one written test, 60% correct is needed to pass
Language of instruction
English
Further Comments
The course can also be completed outside the examination period.
The course is also listed under the following terms summer 2020, summer 2022, summer 2023, summer 2024.
  • Enrolment Statistics (summer 2021, recent)
  • Permalink: https://is.ucp.cz/course/ucp/summer2021/EKE16