Course: Private Finance

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Course title Private Finance
Course code KEM/OF
Organizational form of instruction Lecture + Lesson
Level of course Bachelor
Year of study not specified
Semester Winter and summer
Number of ECTS credits 4
Language of instruction Czech
Status of course Optional
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Dlouhý Zdeněk, Ing. DiS.
Course content
- Introduction to personal finance - Tax system in the Czech Republic and its impact on personal entities, social and health insurance, calculation of net wage - The history of money, cash security features - The structure of financial market, commercial subjects on financial market, banks, building societies, pension funds, insurance companies, investment companies - Czech National Bank and its basic functions - Cash and cashless payments, current account, savings account passbooks, time deposit, checks, credit cards - Mortgage loans and other credit products, consumer loans, insurance products, life and non-life insurance - Introduction to the accumulation of money, an analysis of the state pension system, the magic triangle of financial balance in personal finance - Building savings, retirement income insurance, open-end mutual funds - Basic procedures for financial calculations, interest, amortization, annuity. - The rules for creation of a specific financial plan, the most common mistakes in personal finance - Reserve, guest lecture

Learning activities and teaching methods
Lecture supplemented with a discussion, Multimedia supported teaching, Students' self-study, Lecture with visual aids, Practicum
  • Contact hours - 39 hours per semester
  • Preparation for comprehensive test (10-40) - 25 hours per semester
  • Preparation for an examination (30-60) - 40 hours per semester
prerequisite
professional knowledge
General survey of acquired secondary education.
learning outcomes
- to understand the structure of financial market and the impact of the tax system on personal entity
- understand the questions of calculating net wage
- to have an overview about the possibilities of financing own housing as well as possibilities for effective exploitation of their own funds for short-and long-term time horizons
professional skills
- assess the range of financial products aimed at personal entities
- to properly build their own financial plan
teaching methods
professional knowledge
Lecture with visual aids
Lecture supplemented with a discussion
Practicum
Multimedia supported teaching
Students' self-study
assessment methods
Oral exam
Test
Recommended literature
  • Ducháčková, Eva. Principy pojištění a pojišťovnictví. 2., aktual. vyd. Praha : Ekopress, 2005. ISBN 80-86119-92-0.
  • Dvořák, Petr. Bankovnictví pro bankéře a klienty. 3., přeprac. a rozš. vyd. Praha : Linde, 2005. ISBN 80-7201-515-X.
  • Kiyosaki, Robert T.; Lechter, Sharon L. Bohatý táta, chudý táta. Praha : Pragma, 2001. ISBN 80-7205-822-3.


Study plans that include the course