Financial analysis and risk management

Module title:

Financial analysis and risk management

Module overview:

The goals of this course are to enable students to:
acquiring knowledge about the analysis of internal and external factors that influence business success
developing skills for independent financial analysis of investment projects and investments in securities
acquiring knowledge about techniques and tools for identifying and regulating business risks
The aim of this course is to acquaint students with the key aspects of financial analysis in the context of macroeconomic and microeconomic conditions and with the basic characteristics of business operations in conditions of uncertainty. Students will be trained in the independent use of the concept, methodology and tools of financial analysis, with an emphasis on key indicators for understanding and making operational and strategic business decisions, as well as making optimal investment decisions. Also, the course will provide an introduction to modern business risk identification techniques and tools and techniques for its regulation.
Students should take this course to acquire the fundamental skills and knowledge necessary to understand and apply financial analysis in the real business world. The course offers practical knowledge of how financial analysis is used in making key business decisions, in the context of both macroeconomic and microeconomic conditions. This course is especially important for those who aspire to a career in finance, investment or management.
Students will learn about:
the importance of analyzing the internal and external factors of the business success of the company
macroeconomic aspects of financial analysis
economic and financial models of companies
analysis of business performance and forecasting of business results
key indicators in financial analysis
risk theories and types of risks in business
risk management
measuring credit and market risk
principles of behavioral finance
listing of securities on stock exchanges
about the tools used during business, financial and investment analysis

Literature:

Required readings:
1. Bragg , SM (2020) Financial Analysis : A Business Decision Guide 4th ed .). Centennial : AccountingTools .


Supplementary readings:
1. Diaz, JE, Castro-Santos, L., Puime-Guillen , F. (2021) Financial Management and Risk Analysis Strategies for Business Sustainability. Antwerp : IGI International.
2. Žagar, L. red. (2021) Analysis of financial statements: principles - procedures - cases (5th ed .). Zagreb: RIF.
3. Thompson, C. and Hopkin , P. (2022) Fundamentals of Risk Management: Understanding , Evaluating and Implementing Effective Enterprise Risk Management. London: Kogan Page.