Poslední úprava: Pečená Magda, Mgr., Ph.D. (28.12.2025)
This is an introductory course on financial institutions and markets. It provides students with an understanding of various aspects of financial markets. An analysis of financial institutions (e.g. banks, insurance companies, investment and pension funds and companies, leasing companies) is further developed by the assessment of their activities, interaction with other market players and key associated risks. The course also outlines basic risk management techniques trying to create value for shareholders whilst keeping the risks in mind. Additionally stock and bond markets will be discussed. Last but not least, the regulatory framework of the global financial industry is discussed. New trends in financial industry and central banking are not ommitted.
The lectures and tutorials start on Thursday February 19, 2026. Each lecture (every Thursday, 11:00 a.m.) is followed by a tutorial (every Thursday, 12:30 a.m.) that provides students with examples and exercises related to the topic of the lecture.
During the semester the students are also provided with ca 3 short articles ("readings") focused on various aspects of financial markets, these readings complement the lectures. The lectures will be complemented by app. 3 guest lectures provided by experts from financial industry.
The students are encouraged to discuss the topics and share their experience and knowledge.
Summer semester 2026 is to be conducted in the lecture room 109 (Opletalova).
All information (incl. presentations, readings, tutorial materials etc.) and links to on-line sessions please find in Moodle: https://dl1.cuni.cz/course/view.php?id=18677
Poslední úprava: Pečená Magda, Mgr., Ph.D. (26.01.2026)
Literatura -
Povinná literatura (vybrané kapitoly): 1) Mejstřík, M., Pečená, M., Teplý, P. (2014). Banking in theory and practice. Prague: Karolinum Press 2) Mishkin, F S. (2010). The Economics of Money, Banking & Financial markets. Boston: Addison-Wesley
3 články k přečetní, zadány v průběhu semestru
Poslední úprava: Pečená Magda, Mgr., Ph.D. (04.01.2023)
Obligatory textbooks (selected chapters) 1) Mejstřík, M., Pečená, M., Teplý, P. (2014). Banking in theory and practice. Prague: Karolinum Press 2) Mishkin, F S. (2010). The Economics of Money, Banking & Financial markets. Boston: Addison-Wesley
3 Readings assigned during the semester
Poslední úprava: Pečená Magda, Mgr., Ph.D. (04.01.2023)
Požadavky ke zkoušce -
Výsledná známka je tvořena dvěma částmi, celkem je možné dosáhnout 100 bodů.
1) Polosemestrální písemný test (25 bodů)
2) Závěrečný test (65 bodů)
3) Bonus points (max 10 body)
Polosemestrální test se píše pouze v jednom termínu. Pokud se student nemůže účastnit ze zdravotních důvodů, předloží potvrzení od doktora.
Body
Hodnocení
91 – 100 pts
A
81 – 90 pts
B
71 – 80 pts
C
61 – 70 pts
D
51 – 60 pts
E
0 – 50 pts
F
Poslední úprava: Pečená Magda, Mgr., Ph.D. (28.12.2025)
The final grade will consist of two parts. In total you can get 100 points.
1) Midterm test (max 25 pts)
2) Final test (max 65 pts)
3) Bonus points (max 10 pts)
The midterm test is written only once during the semester (usually during one of the tutorials). There are more terms for the final test.
Grading:
Points
Grade
91 – 100 pts
Excellent+
A
81 – 90 pts
Excellent-
B
71 – 80 pts
Very good+
C
61 – 70 pts
Very good
D
51 – 60 pts
Satisfactory
E
0 – 50 pts
Failed
F
Poslední úprava: Pečená Magda, Mgr., Ph.D. (28.12.2025)
Sylabus -
Předmět Financial Institutions and Markets je nabízen pouze v anglickém jazyce. Please switch to English.
Poslední úprava: Pečená Magda, Mgr., Ph.D. (28.12.2025)
Financial markets - Introduction to financial markets and its players, global trends, role of financial industry and its institutions, overview of the financial institutions in the Czech Republic and worldwide, incl. stock exchanges and bond markets (incl. BCPP), deposit insurance (DI schemes), credit registers, short introduction to Islamic banking
Financial mathematics - Financial mathematics and valuation, basic accounting principles for financial instruments and institutions
Financial statement analysis of financial institutions – banks, non-bank loan providers, investment firms and investment funds, pension funds, brokerage, leasing, insurance, financial groups, interaction with corporate (production) segment
Stock and Bond markets
NBFI I (contractual savings institutions: insurance & pension funds)
NBFI II (investment intermediaries: investment funds, hedge funds, sovereign wealth funds
Risk management of FI I: Credit risk, Liquidity risk and Operational risk
Risk management of FI II: Asset and liabilities management, Market risk management, Stress testing framework
Financial market regulation and supervision – organization and components of regulation and supervision (incl. licencing and resolution), Regulation and supervision of banks, non-banks loan providers, investment firms/funds
Central banking
Current Trends: DEFI, ESG, Fintech
Also guest lectures will be included during the semester.
Poslední úprava: Pečená Magda, Mgr., Ph.D. (26.01.2026)
Vstupní požadavky - angličtina
There is no specific knowledge required for the course. However, knowledge of basic mathematical operations (e.g. discounting, NPV calculation) and principal understanding of basic financial statements (balace sheet, P/L, cashflow statement) are welcome.
There are pre-requisites for the course (JEB004 or JEB102 or JPB098)
Poslední úprava: Pečená Magda, Mgr., Ph.D. (02.02.2026)
Požadavky k zápisu - angličtina
Pre-requisites - JEB004 or JEB102 or JPB098
Poslední úprava: Pečená Magda, Mgr., Ph.D. (02.02.2026)
