About module
The content of the module is relevant not only for finance managers: the chosen philosophy of the company's financial strategy must be clearly understood by all company chains, thus increasing the synergy of individual company segments in the value creation process.
The basis of the module includes the essential aspects of financial management - the evaluation of business financing alternatives and the selection of investment strategies. Within the context of these essential guidelines, the module develops the topics of business valuation, financial risk, cash flow planning, value allocation, financial technology (FinTech) and business development through mergers and acquisitions. The taught subjects examine the solutions to not only today's but also tomorrow's business financial challenges with the help of theoretical and methodological knowledge formed by science and the latest financial market opportunities.
In the module, you learn by solving real business problems, evaluating the latest available financial instruments, combining financial theory and the ever-changing practical business environment.
When preparing a group research paper, study participants have the opportunity to solve a practical problem of a company or an individual investor that concerns them, for example, choosing the optimal investment alternative; determine the factors affecting the value of the company's shares; to form optimal financial risk reduction measures
The participants of the module not only acquire the necessary theoretical knowledge of financial management, but are also introduced to the broader context of financial topics, learn to solve real financial business challenges during practical tasks, discuss with theorists and practitioners of financial strategy and management.
What will you learn?
The module provides not only the necessary theoretical knowledge of financial management, but also introduces students to the real challenges of business finance. One of the most important challenges of any business - the lack of resources - becomes even more relevant during the crisis. With limited resources, we must be sure that we choose the projects that increase the economic value the most and reject useless alternatives. During the lectures, we learn different project evaluation methods that help ensure the adoption of decisions that create the greatest value.
In addition, in the face of challenges, we are more prone to make irrational decisions that can have a long-term impact on the business. By studying the topics of Behavioral Finance, we learn the anatomy of decision-making, the biases that influence our decision-making process, and learn to recognize and control them.
After completing the module, you will be able to solve essential financial questions: how to properly attract funds and effectively invest the accumulated profit? How to evaluate alternatives for financial solutions and optimally use traditional and latest financial instruments, taking into account the chosen business model? How to assess possible risks in order to expand business in international markets? How to control and prevent possible employee financial fraud in the company, thus ensuring a more sustainable business development model? What opportunities do financial technologies and innovations provide for business today? Why do most business mergers and acquisitions fail to deliver the intended synergistic benefits? How to recognize irrational financial decisions and reduce their negative impact on business?
Main topics of the module:
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