ABOUT PROGRAM
The DBA Financial Management program is designed primarily for entrepreneurs, managers and other interested parties whose interest is in the field of financial management and who want to obtain comprehensive information and knowledge related to this issue. The program deals with mastering the issues necessary for making financial decisions of long-term investment and short-term operational. The program discusses theoretical approaches to optimizing the capital structure of the company, models for determining the cost of capital, decision-making criteria for the distribution of economic results, as well as investment decision-making criteria. Graduates of the program will be able to choose appropriate approaches to measuring and taking into account risk in investment decisions and will be able to select appropriate arguments for communication with investors and creditors in obtaining sources of financing, as well as in deciding on the distribution of profit. The program can be studied 100% online.
STUDY BENEFITS
The study of the DBA Financial Management program acquaints students with the methods of financing companies according to the field of business and financial risk of the company, using the criteria of capital costs. By completing the program, students are able to comprehensively assess the economic efficiency of an investment project, including project risk analysis. The program is suitable for managers, entrepreneurs, financial directors, accountants and all other applicants who strive to develop the necessary knowledge in the field of financial management. The program further develops knowledge and understanding for the needs of deciding on the allocation of financial resources based on economic criteria, deciding on obtaining sources of funding and details the management of solvency of the company. education. You will also receive a diploma.
COURSE OF ONLINE STUDY
The entire teaching takes place completely online in the study system, so you can complete the entire study from anywhere. A computer and internet are enough for the whole studio. Through a complete online study, we try to reflect the requirements of very busy managers who cannot afford to spend time on the way to or from school.
The start of the study depends only on your time possibilities, the start of the study is determined by you. You are not waiting for the beginning of the semester or next month. You can really start at any time. Due to the fact that you are not tied to attendance or attendance at lectures, you can compile a study schedule according to your own possibilities. So you don’t have to worry about combining your studies with work, family or other responsibilities.
Upon admission to the study program, each student will gain access to the student section. Students will find all the necessary information and study materials in the student section, which represents the study system. Throughout the study, students can consult with lecturers via e-mail communication or using other online tools such as Teams or Skype. To successfully complete DBA studies, a student must complete a total of eight courses.Study requirements include answering test questions and passing a practical application exam for each subject in the program. The study is conducted in English. After completing all courses, you will be assigned a final thesis. The study is completed by elaboration of the final thesis. Subsequently, you will be issued a diploma and you will receive a professional title.
SUBJECTS OF THE PROGRAM
The DBA Financial Management program focuses on the management of corporate finance from operational to strategic decisions. The program deals in detail with the limitations of individual methods by evaluating the effectiveness of projects and being able to consider non-financial factors of project sustainability.
Financial management of the company
By studying the subject of financial management of a company, students will gain comprehensive information about the company's goals and their evaluation, assessment of the company's financial situation and procedures for creating a financial plan. Upon successful completion of this course, they will be able to apply this knowledge, information and new experiences in practice and gain a clear idea of individual financial policies and strategic financial planning.
Financial criteria and efficiency of investments
The course is devoted to models for evaluating the effectiveness of investment activities. The presented models are based on both the focus on investment performance and the costs associated with it. These models can be used by both a manufacturing company and a financial services company (bank, insurance company, etc.) or a state body (departmental level) or public administration (council). An important component of the course is an overview of budgeting techniques that are used in cases of organizations managed by the budget. To the extent necessary, the course is also devoted to the theory of project financing. Successful graduates of the course will have a representative theoretical basis in the field of evaluating the effectiveness of investment activities and will be able to practically apply this knowledge in the financial management of projects.
Foreign exchange market and foreign exchange operations
The aim of the course is to acquaint students with the key problems of foreign exchange markets, both in terms of macroeconomic (exchange rates and balance of payments, monetary policy) and in terms of the profile of the field of study with regard to practice requirements (foreign exchange markets, banking, international investment). The course provides information in the field of balance of payments, discusses the topic of balance and the relationship to the foreign exchange market and discusses the exchange rate in depth. It examines in detail the foreign exchange market, its division and structure, subjects of the foreign exchange market, the relationship to the exchange rate.
International finance and the international financial system
The aim of the course is to provide students with a comprehensive explanation of the theory and practice of international finance, not only from a macroeconomic but also a microeconomic perspective. Emphasis is placed on the issue of exchange rates, issues related to the functioning of the foreign exchange market, international investment and international monetary and financial institutions.
Managerial accounting
The course is aimed at clarifying the current trends in managerial accounting and the introduction of various modern tools and methods used in business practice for the purposes of economic management of the organization and providing quality information for managers. Emphasis is placed on the issue of decision-making techniques based on the use of accounting information for decision-making, the issue of cost allocation, planning and budgeting of costs and revenues and performance management.
Tax systems and optimization
The aim of the course is to introduce the form of the tax systemc and to teach the basic techniques of tax administration. By studying this course, students will gain a comprehensive overview of tax issues and the ability to independently solve specific tax situations. Students will gain an overview of the subject of tax, the tax base, the requirements associated with proving the reported tax obligations. The course provides a comprehensive overview of tax issues, points out the procedures for finding and using the tax system to reduce taxes - the so-called tax optimization.
Management and control systems
The aim of the course is to acquaint students with the area of control from the position of managers. It emphasizes the corrective and motivational functions of control as a continuous monitoring and evaluation of work processes and important phenomena from its external environment. The course further deepens knowledge in the field of business management in connection with control systems and control results.
Financial audit and its essence
The aim of the course is to understand the theoretical basis of audit and to master the methodology of auditing in accordance with international rules. An audit of the financial statements, or a financial audit, is an independent audit by the auditor to the extent that it is probable that the financial statements presented will be true and fair and in accordance with the relevant regulations. In contrast to the classic concept of audit, which related mainly to accounting, today's audit extends to the management of economically active entities in its entirety. Students will get acquainted with the importance of audit, its risks, legal responsibilities and professional ethics of the auditor. The subject of interpretation is theoretical audit methods and the main principles of audit.
- Conditions of acceptance:
- Completed university degree or sufficient experience in a managerial position
- Method and form of teaching:
- The study takes place completely online, through an e-learning system. All study materials are available online in the student system.
- Language of instruction:
- Study in English
- Length of study:
- 12 - 18 months
- Commencement of studies:
- Individually. The program can be studied completely online. Starting a study depends only on your time possibilities.
- Studying materials:
- Included in the price of study (own study materials, syllabi, presentations and other study materials)
- Control test:
- Each subject includes a control test that verifies knowledge and understanding of the subject matter.
- Practical exam:
- Completion of each subject by passing a practical application exam.
- Graduation:
- Final thesis (range of at least 50 standard pages)