For Students

Dear colleagues, students,

I have prepared for you the following topics for master’s and bachelor’s theses. Should you be interested in dealing with a different subject under my tutorship, please do not hesitate to contact me and I will do my best to oblige.

Bachelor’s thesis:

  1. Dissolution of businesses
  2. Family and personal finances

Master’s thesis:

  1. Businesses in reorganization, liquidation or bankruptcy
  2. Family finance planning

Course syllabus

Personal Finance

Aims of the course:
The aim of this subject is to provide students the basic summary of possibilities how to dispose of the temporarily available capital. The basic experience whose result from the idea of the risk distribution are the datum of this subject. Therefore is this subject drawn to cover the basic investment possibilities -- shares and bonds, shares fonds, further insurance, investment to living, taxes, savings and loans.
Learning outcomes and competences:
After successfull graduation the students will be able to:
- utilise knowledge on managing family finances, apply knowledge to family budgets and mechanisms of family finance functioning,
- define the goals of family finances in concrete cases, with consideration to the individual situation of the individual or family,
- compile and explain family budgets, analyse their regularities, models of functioning,
- apply in practice differences between family finance and other financial systems, e.g. business or public finance,
- apply knowledge of Act 186/2006 Coll. On Bankruptcy and Ways of its Resolution (Insolvency Act) to the area of family finance
- apply knowledge of other legislative regulations to the area of family finances, especially in the area of property seizure law, enforcement of receivables and others related to family finance,
- recognise risks connected with specific family situations,
- compile family budgets, financial plans and other instruments of family finance,
- define strategic ways towards the fulfilment family financing goals based on their analysis,
- plan and implement steps in the area of personal bankruptcy.
Course contents:
1. Roots of wealth origin (why, who and how to make money in abroad and in Czech Republic)
2. Family finace, the creation of personal wealth, inflation and protection agains it.
3. Financial, capital and money markets. The creation investment portfolio and it´s management.
4. Risk assurance.
5. Savings ( bank books, time deposits, saving accounts, building saving, superannuation sheme, another products...)
6. Loans ( consumer loans, mortage loans, hire-purchase sell, credit cards, leasing..)
7. Investments ( shares, bonds, fonds, allotment certificate...)
8. Habitation ( building saving, advantages and diadvantages proprietary, cooperative and rental housing, insurance, mortages, taxes, life insurance, building insurance...)
9. Death duty, gift tax, reality tax.
10. Insurance ( travel insurance, accident insurance, superannuation sheme, health insurance, life insurance, insurance against failure to make payment, insurance against sickness, etc.)
11. Execution ( writ of execution, how to oppose it, what to do against wrongful execution..)
12. Personal bankruptcy
Learning activities, teaching methods and workload (hours):
Type of teaching method Daily attendance Distance form
Participation in lectures 16 h 0 h
Preparation of term paper 46 h 0 h
Preparation for final test 94 h 0 h
Total 156 h 0 h
Assessment methods and criteria:
Requirement type Daily attendance Distance form
Active lecture/seminar/workshop/tutorial participation 10 % 0 %
Term paper 30 % 0 %
Mid-term test(s) 60 % 0 %
Total 100 % 0 %
Graded courses
1 Excellent (90 - 100%)
2 Very good (75 - 89%)
3 Good (60 - 74%)
4 Insufficient (0 - 59%)

The influence of incidents on economic development

Aims of the course:
The aim of the course is to introduce students to the issues of risk management from the perspective of the unexpected (the black swan)events and their impact on economic processes, particularly in the financial stability of the companies or the profitability of investments.
Learning outcomes and competences:
1) describe the mechanisms by which the unexpected events of considerable scale (black swans)are born, define what mechanism interfere in the economy and especially in the corporate sector,
2) describe the impact of the earlier unexpected events of considerable extent on the economic thought, the social sciences and to analyze the impact of these events on the overall development,
3) describe, analyze and detect diverse unexpected risks and unforeseen events which affect the corporate sector,
4) define management problems due to the existence of unexpected events of considerable scope and possibilities of preventing the effects of such events,
5) evaluate the impact of earlier unexpected events with considerable extent on the world economy, the business sector and other areas,
6) assess management practices and other management bodies due to the risk of significant impact of unexpected events and to analyze the extent of measures taken as appropriate or inappropriate for their elimination,
7) develop strategic and tactical solutions in the plane of the corporate sector with regard to the risks caused by the unforeseen events of the considerable extent,
8) develop strategic and tactical solutions tend to exploit the impact of the unexpected events with the significant impact and their positive use in practice.
Course contents:
1) The importance of unexpected events in history - what is it unexpected event (Black Swan) as the existence of unexpected events reflected in the philosophy and epistemology as well as in economic theories.
2) The problem of predicting the future, efforts to create forecasts, probabilistic models and of their failures .
3) The economic view of modern history, the concepts of development and its linearity or non-linearity, the notion of progress and its contents, the issue of standard of living and its relativity.
4) The problem of the normal development of a problem breaking development, the scope of the problem and the question of statistics situations where the statistics do not apply and do not affect the fact, issue of diversity of income according to the degree of risk and the nature of actual profession. The emergence of classes and income groups according to the characteristics of the activities carried out as a main activity towards the sustenance of the individual.
5) Options predicting the future - can predict the future in general and can we predict the future of markets or future relationships in the corporate sector, can predict such things as the financial stability of companies and the like?
6) The problem of the efficient market theory and the problem of prediction of the markets in an environment where there are relatively frequent unexpected events.
7) Worldwide significant unexpected events with an impact on global relations, regional unexpected events with an impact on the local situation. Everyday life in unexpected situations.
8) Relationship with the unexpected events and the corporate sector. The rate of adaptation of firms predictable risk and rate adaptation and resilience to unexpected corporate events, i.e. unpredictable and unspecified risk.
9) Financial and investment strategies of enterprises in an environment of frequent unexpected events of significant impact, the question of equity and debt, the issue of costs of financial distress.
10) The impact of unexpected events of considerable importance in the corporate sector, the impact on the level of corporate insolvency, the impact on the prosperity and profitability.
11) Relationship of unexpected events and the economic cycle, the cyclicality of the economy as a result of unexpected events.
12) The problem of management in terms of unexpected events and in terms of the normal course of events, problems with excessive confidence, the problem of sentiment, the issue of self-realization through executive management and decision-making processes. Theories about the incorrect application of knowledge.
13) The question of the limits of human knowledge in a world full of unexpected and unpredictable events, the problem of exhaustion or failure to use the resources, the risk of erroneous conclusions on the basis of clear statement. The issue of inventions and discoveries and their impacts on economic development.
Learning activities, teaching methods and workload (hours):
Type of teaching method Daily attendance
Participation in lectures 26 h
Preparation for lectures 26 h
Preparation of term paper 6 h
Preparation of presentation 20 h
Preparation for mid-term test(s) 26 h
Preparation for final test 26 h
Total 130 h
Assessment methods and criteria:
Requirement type Daily attendance
Active lecture/seminar/workshop/tutorial participation 10 %
Presentation 30 %
Mid-term test(s) 20 %
Final test 40 %
Total 100 %
Graded courses
1 Excellent (90 - 100%)
2 Very good (75 - 89%)
3 Good (60 - 74%)
4 Insufficient (0 - 59%)

Dissolution of a company

Aims of the course:
The course presents students with mechanisms used during the last phase of a company’s existence, i.e. in the time of its dissolution. For that purpose it is based on the analysis of the Czech Insolvency Act, also taking into account the proceedings carried out in similar situations under the former Bankruptcy Act in force until 2007. This comparison makes it possible to reveal the difference in legal views of the dissolution of companies and deal with the philosophy of law in relation to the economy. The course naturally takes into account relevant parts of the Commercial Code and the issues of liquidation, including macroeconomic and microeconomic aspects of insolvency law. Together with study texts and relevant literature, the course concerns working with the insolvency register, thus acquainting the students with selected insolvency cases. Cooperation with specialists in the field and analyses of real insolvency cases are crucial, too.
Learning outcomes and competences:
Upon successful completion of this course, students will be able to:
- fully orient themselves in fundamental legislative regulations, especially in 182/2006 Coll., on Bankruptcy and Ways of its Resolution (Insolvency Act) and legislation concerning the liquidation of a company,
- apply in practice acquired knowledge on legislative principles, the functioning of insolvency courts and the activities of insolvency administrators,
- use acquired knowledge on the usual course of insolvency proceedings and on the procedures for liquidating a business,
- analyse (based on knowledge of model examples) the motivation of participants in insolvency proceedings,
- utilise the insolvency register and other information sources concerning insolvency proceedings,
- on the basis of financial data from businesses, recognise the potential possibilities of insolvency for a company,
- detect risky behaviour in a company (business partner),
- plan and implement steps for detecting risks and minimising losses stemming from the insolvency of a business (business partner),
- utilise knowledge on the functioning of information systems concerning insolvency proceedings and minimise potential losses stemming for business companies and other subjects from the possibilities of insolvency of third parties,
- anticipate the steps of individual participants of insolvency proceedings (based on how they stem from their motivations and models of behaviour), thus applying knowledge from concrete model cases to general practice.
Course contents:
1. Development of a company since its founding to dissolution, stages of a company’s development, main reasons why companies dissolve – specific features of the final stage of a company’s existence.
2. Macroeconomic and microeconomic consequences of the dissolution of a company by insolvency or liquidation.
3. Liquidation – company brought to an end upon the resolution of its owner.
4. Development of insolvency law in the Czech Republic, main foreign trends concerning insolvency law, the influence of insolvency law on the behaviour of companies – debtors and creditors. Explanation of the terms creditor and debt, basic features of debts, motivation of debtors to solve their debt. Price and value of debt.
5. Insolvency register, its contents, possibilities of its use, how to work with the insolvency register. Court obligations when dealing with information.
6. Main stages of insolvency proceedings, basic principles of insolvency and the philosophy of insolvency law.
7. Motivations during insolvency proceedings, groups with differing motivation, solving particular interests during insolvency proceedings.
8. Subjects of the insolvency proceedings – creditors, debtor, court and trustee, rights and obligations of the individual parties, motivation for fulfilling their obligations. The role of insolvency trustee, insolvency judge as an important person during insolvency proceedings.
9. Insolvency proposal as a specific legal act, risks it poses for the debtor and for the creditor, secured and unsecured creditors and other creditor groups, conflict of motivations within the group of creditors.
10. First phase of insolvency proceedings, registration of receivables, creditor’s rights.
11. Second phase of insolvency proceedings, resolution of insolvency – reorganization and bankruptcy.
12. Creditor satisfaction, usual outcomes of insolvency proceedings.
13. The future of insolvency, the influence of insolvency law on the activities of companies and individuals, the importance of the existence of modern law.
Learning activities, teaching methods and workload (hours):
Type of teaching method Daily attendance
Participation in lectures 52 h
Preparation of term paper 40 h
Preparation for final test 38 h
Total 130 h
Assessment methods and criteria:
Requirement type Daily attendance
Term paper 40 %
Final test 60 %
Total 100 %
Graded courses
1 Excellent (90 - 100%)
2 Very good (75 - 89%)
3 Good (60 - 74%)
4 Insufficient (0 - 59%)


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