Financial Management for Informatics

• 26 hrs lectures
• 13 hrs exercises

For successful completion of the module, the graduate should:
1) know:
• orientate oneself on the sources of corporate financing and know methods of assessing benefit funding sources;
• know the appropriate criteria for evaluation of results (performance) of corporation and implement them in the IS business;

2) be able to do
• Identify and use relevant information from the accounting and financial markets to monitoring the financial situation of the company and creating financial plan;
• Implement methods to evaluate efficiency of investment projects in IS business;

The aim of module is:
• highlight the importance of defining financial targets, and to familiarize students with different ways to define them;
• provide information about measurement methods of defined target;
• develop students' awareness of the possibility of external financing (financial market) and factors (criteria) influencing decisions about the using of financial resources;
• present the approaches used in the Capital Planning and assessing the economic efficiency of investment projects;
• highlight the potential risks in the financial and investment decisions and its minimization.

Successful completion of the course is conditional on the knowledge of accounting, financial mathematics and business economics.

• BRIGHAM, E.R., EHRHARDT, M.C. Financial Management. Tudory and Pracitice, Ohio: South-Western.

1. Company financial management. Aspects of strategic financial management. Content of financial management during different business life cycle phases. Company financial goals.
2. Financial analysis. Analysis of ROE.
3. Financial planning.
4. Investment decision making. Risks of investment projects.
5. Financial strategy - capital structure optimization.
6. Company solvency management. Net working capital management
a. Credit management. Discount.
b. Cash management. Foreign exchange risk management.

1. Introduction. Financial statements. Cash flow.
2. Financial Analysis.
3. Financial planning.
4. Methods of Leasing and Loan Comparation.
5. Methods for investment projects assessment – their utilization and risks.
6. NWC management.
7. Conclusion test

CREDIT REQUIREMENTS:
Student have to achieve at least 50% of the possible number of points.
Exam is classified according to ECTS scale.

The course contains lectures that explain principles, decisions problems and methodology of the discipline, and exercises that promote the practical knowledge of the subject presented in the lectures.

Attendance at lectures is not compulsory, but is recommended. Attendance at seminars is checked by the tutor. Lessons are composed on the basis of weekly schedules.