Institute: Gazdaság- és Társadalomtudományi Intézet (1084 Budapest, Tavaszmező u. 15-17.) Credit: 2
Type of classes: Nappali Language: angol Semester: 2019/20/1
 
Level: Kritérium tárgy; ERASMUS;
 
Responsible Teacher: Pappné Dr. Nagy Valéria Teacher(s): Prof. Dr. Takács István;
Consultations (total/week): Heti Lectures: 2 Practice lectures: 0 Labs: 0 Consultations: 0
 
Type of Exam: vizsga
 
Aim of the subject: Main aim of the subject: students will be familiar with the basic topics of finance. They will have knowledge about the role of money, the
financial system. Later they will study about the most important types of securities. The second part of the lectures are about the finance of
government, fiscal and monetary police. At the end of the semester there will be an introduction to international finance. Apart from the theoritcal
part they will get to know some basic methods of financial calculations.
Requirements during the semester
(homeworks, essays,
excercises, teamworks,
presentations,
part and final
oral/written exam etc.):
At the end of the semester students take a written exam. During the semester every student has to present about a chosen topic.
The method of supplement: You can take an improver exam only one time set out by tutor in the first 10 days of the exam period with the payment
of examination fee. This is writing exam with the whole curriculum.
Evaluation happens by scoring. The tasks are theoretical and practical.
Intervals of the grade:
under 50%: 1 (unsatisfying, gig)
50-62,5 %: 2 (pass mark)
62,5-75 %: 3 (satisfactory mark)
75-87,5 % 4 (class)
87,5-100% 5 (excellence)
 
Week of
semester
Topics of lectures/practices
1. Role of Finance in Modern Economy.
2. Financial System: lenders, borrowers, financial intermediaries
3. Financial Market: the role of central bank, commercial bank
4. The Role of Money: measures of money, money creation
5. Time Value of Money: present value, future value, annuity, perpetuity. Exercises.
6. Savings and Budgeting. Deposit. Loan.
7. Equities: Bond, Bill of exchange. Basic calculation.
8. Features of Stock. The stock exchange.
9. The Role of Government. Government debt.
10. Tax: Personal Income Tax, Corporate Tax, Social Security.
11. Monetary Policy. The main tools of the central bank.
12. Basics of International Finance. Currency. Exchange rate.
13. Economic Integration.
14. Summary
 
Type of evaluation,
repetition, calculation
of grade, etc.
see above
Type of evaluation,
repetition, calculation
of grade, etc.
written exam
 
Compulsory literature: Prof. Dr. AP Faure: Financial System. An introduction. 2013.
Prof. Dr. AP Faure: Banking. An introduction. 2013.
Richard A. Brealey, Stewart C. Myers, Franklin Allen: Principles of Corporate Finance. The Mc-Graw-Hill Companies. 2007.
Suggested literature: Pappné Dr. Nagy Valéria: Pénzügyek alapjai – elméleti alapozó ÓE jegyzet, Bp, 2011