Analysis and Prognosis in Finance

Teachers

Included in study programs

Teaching results

The aim of the course is to provide students with basic knowledge of how to apply econometrics in the analysis and forecasting of selected areas of corporate finance, public finance and international finance.
1.) Knowledge and understanding.
After studying this module, student should be able to acquire:
A.) Knowledge in applying the theory in selected econometric model construction for finance and public finance
B.) Understanding the basic principles of econometric modelling and its application in constructing the models
C.) Knowledge of making analysis and forecasts using econometrics
2.) Skills, Qualities and Competence.
After studying this module, student should be able to acquire:
A.) Skills in design and construction of econometric models using statistical software
B.) Skills in testing and evaluation of econometric model estimation results
C.) Skills in the appropriate interpretation of the model outcomes

Indicative content

Outline of the module:
1. The IS-LM model: The effect of government spending and money supply on the economy in an econometric model. Analysis and effectiveness of monetary and fiscal policy.
2. Exchange rate models.
3. Models of corporate failure: basic approaches, linear probability model and logit model.
4. Models of sovereign credit rating.
5. Analysis and forecast in corporate finance (angel financing, venture capital financing, private equity, financing gap, exit strategy).
6. Guaranteed credit schemes – econometric evaluation.
7. Models of production functions - micro/macro approaches.

Support literature

Brooks, Ch. 2014. Introductory Econometrics for Finance, 3rd Edition, Cambridge.
Hall R., Taylor , J. B. 1988. Macroeconomics, Norton & Company, New York.
The literature will be regularly updated with the latest scientific studies.

Requirements to complete the course

40% two tests during the semester, 60% exam

Student workload

Attendance at lectures 26 h, participation in seminars 26 h, preparation for seminars 26 h, preparation for tests during semester 26 h, preparation for the exam 52 h

Language whose command is required to complete the course

Slovak

Date of approval: 11.03.2024

Date of the latest change: 22.07.2025