Institute: Gazdaság- és Társadalomtudományi Intézet (1084 Budapest, Tavaszmező u. 15-17.) Credit: 5
Type of classes: Nappali Language: angol Semester: 2019/20/1
 
Level: Vállalkozásfejlesztés mesterszak angol nyelvű képzés;
 
Responsible Teacher: Prof. Dr. Takács István Teacher(s): Prof. Dr. Takács István;
Consultations (total/week): Heti Lectures: 2 Practice lectures: 2 Labs: 0 Consultations: 0
 
Type of Exam: vizsga
 
Aim of the subject: The aim of the subject is to learn the analysis of financial issues of the business entities as economic systems and the business processes as well.
Its objective is to learn and practice general and special methods of the financial analysis for improving the skills of the students. By doing so
they will be able to evaluate the financial condition of enterprises, to improve their understanding the information of balance sheets and income
statements, and to calculate the internationally accepted and used financial indexes.
Requirements during the semester
(homeworks, essays,
excercises, teamworks,
presentations,
part and final
oral/written exam etc.):
2 presentation of chosen topic, and elaboration four 1500 ±100 character briefs of articles as homeworks.
 
Week of
semester
Topics of lectures/practices
1. Goals of financial analysis. Information sources: standards of the accountancy: IAS, US GAAP, Hungarian accountancy law. Elements of the annual report.
Gyakorlat: Elements and information content of the annual financial reports. Internal connections. Case studies.
2. Types and tools of financial analysis. Indexes.
Gyakorlat: Case studies. Discussion of briefs of papers.
3. Structures of the balance sheet. Information content of the horizontal and vertical analysis of the balance sheet. Wealth of the firms.
Gyakorlat: case studies, discussion topics in teamworks, presentations
4. Short term financial conditions: solvency
Gyakorlat: case studies, discussion topics in teamworks, presentations
5. Long term financial conditions: debt and leverage
Gyakorlat: Case studies. Discussion of briefs of papers.
6. Profitability, effectiveness and measurement of the market value
Gyakorlat: case studies
7. Other arguments of the complex evaluation of firms: human resources, innovation, etc.
Gyakorlat: Case studies. Discussion of briefs of papers.
8. Cash flow analysis
Gyakorlat: case studies
9. Tools of financial planning, analysis, controlling: long term financial plans, analysis of return of investments, scenarios, simulation
Gyakorlat: Case studies. Discussion of briefs of papers.
10. Identification and evaluation of financial risks, methods for forecast of bankcrupcy
Gyakorlat: case studies
11. Models for forecasts of bankcrupcy and those limits: scoring, ranking, early warning systems
Gyakorlat: case studies, discussion topics in teamworks, presentations
12. Measurement of enterpise value
Gyakorlat: case studies, discussion topics in teamworks, presentations
13. Case studies, discussion topics in teamworks, presentations
Gyakorlat: case studies, discussion topics in teamworks, presentations
14. Case studies, discussion topics in teamworks, presentations
Gyakorlat: case studies, discussion topics in teamworks, presentations
 
Type of evaluation,
repetition, calculation
of grade, etc.
Exam: elaboration a 12 to 15 pages essay chosen topic (cited min. 10 pcs non eduactional material of references); elaboration four 1500 ±100 character briefs of 2 Hungarian and 2 English articles as homeworks; furthermore a 10 minutes presentation (with ppt or Prezi) from the essay.
Type of evaluation,
repetition, calculation
of grade, etc.
Two individual topics presented during the semester and a written essay and its presentation as exam.
 
Compulsory literature: Brealey, R. A., Myers, S. C., Allen, F. (2016): Principles of Corporate Finance, 12th Edition. Irwin/McGraw-Hill. 976 p
Suggested literature: Gurcik L, Takács I, Herceg M (2016): Selected chapters from financial analysis and financial planning. Nyitra: Slovak Agricultural University, 2016.
88 p. (ISBN:978-80-552-1462-7)
Turceková N, Svetlenská T, Takács I (2016): Selected chapters from business economics. Nyitra: Slovak Agricultural University, 2016. 101 p.
(ISBN:978-80-552-1477-1)
Methods of
quality assurance
of the subject :
TÜV CERT EN ISO 9001:2000