Faculty of Economics, Matej Bel University

2013/2014
summer semester

I. cudzí odborný jazyk 4 - anglický jazyk / 1st Foreign Language in Business - English

Semester: 2nd Bc.

Teacher: Mgr. Dagmar Škvareninová, PhD., tel. 048 446 2517, Email:
dagmar.skvareninova@umb.sk
Office hours: Mon 12:00 – 14:00, Tue 10:00 – 12:00

Learning outcomes: After successful completion of the subject, a student should be able to:
 understand the basic terminology in the covered topics and use it in explaining the
processes connected with investing money, raising finance for both firms and
governments, banking services and taxation;
 name and compare several types of banks and securities;
 express and compare the financial results of the companies using their financial
statements;
 follow the business news regarding the performance of the Stock Exchange,
commodity and currency markets;
 name and characterise several types of taxes and express their own opinion on the
different taxation systems and the role of government in the economy.

Resources: Compulsory:
McKenzie, I.: English for Business Studies – Student´s Book. CUP, 2010 (3rd Edition).
Recommended and supplementary:
McKenzie, I.: English for Business Studies. CUP, 2002.
Strutt, P.: Market Leader Business Grammar and Usage. Pearson Edu Ltd, 2000.
Muscull, B.: Business Vocabulary in Use. CUP, 2002. (pre-intermediate &
intermediate)
Murphy, R.: English Grammar in Use (intermediate). 2nd edition, CUP, 1994.
The Slovak Spectator (Weekly newspaper about Slovakia in English); TED.com
Macmillan Campus Online – interactive learning environment for learning English at any
level and with any topic, available in the Self-Study Centre of the UK UMB, 1st Floor of
the NB; For activities relevant to this semester content, go to - PRACTICE (top line) –
BOOKMARKS – 1.coj4 (Vocabulary, Listening, Video presentations, etc.) and
1.coj4+

Contents: U 14 Banking
Banking services we use, Reading on Banks and financial institutions, Role of a Central
Bank, Listening on Commercial banking and Microfinance (+ Grameen Bank, social
economy), role play – microfinance, writing – minutes of the meeting
– verb patterns
U 16 Bonds
Reading – Bonds p. 81, Comprehension and vocabulary p. 82
U 17 Stocks and shares
Reading – Stocks and Shares, (www.investopedia.com), insider dealing, Listening –
A financial news report, Vocabulary, Role play – Investing a client’s money
U 19 Accounting and Financial Statements
 Accounting vocabulary, Reading Balance sheet and Income statement, (+Annual reports),
Listening on valuing assets, Role play – presenting the company results (Macmillan online
campus – video + listening), revision of numbers, reading graphs and charts
U 22 Government and taxation
Regulation vs. free market discussion, public sector activities, Reading – The role of
government, Listening – Government intervention, Taxation vocabulary, Taxation in
Slovakia – recent changes to taxation, flat tax vs. progressive taxation,

Revision of grammar and language – self-study, Macmillan English Campus

Numbers and figures, interpretation of graphs and charts, expressing the character of
changes (gradual, continuous, sharp...). Giving arguments in favour and against something,
contrasting ideas, expressing cause and consequence.

Evaluation: Continuous assessment (during semester) – including writing and speaking tasks, class
work and short tests – 60%
Final test – 40 %