Conference
Faculty of Economic Studies of the University of Finance and Administration, a.s., proudly presents the 12th International Scientific Conference
Financial Markets and Flows 2025
Date
May 27–28, 2025
Conference monograph
Photogallery 1. Day
Photogallery 2. Day
Video
Venue
The Financial Markets and Flows 2025 conference will take place in the prestigious Congress Center, Estonská 500, Prague. This venue offers a modern and comfortable setting ideal for professional discussions and networking. In-Person Attendance: We highly encourage in-person participation, as it allows for deeper engagement in discussions, stronger professional networking, and direct access to experts. Online Participation: For those who cannot attend in person due to serious reasons, we will provide an online participation option via Microsoft Teams, ensuring that no one misses out on valuable insights and discussions.
Konference Finanční trhy a toky 2025 se uskuteční v prestižním prostředí Kongresového centra, Estonská 500, Praha, které nabízí moderní a komfortní zázemí pro odborné diskuze a networking. Osobní účast je upřednostňována. Umožní maximální zapojení do diskuzí, budování profesních kontaktů a přímý přístup k odborníkům. Pro ty, kteří se z vážných důvodů nemohou dostavit, nabídneme možnost online účasti prostřednictvím platformy Microsoft Teams, aby nikdo nepřišel o cenné poznatky a diskuse.
Conference Focus
The Financial Markets and Flows 2025 conference provides a unique platform for expert discussions on key economic topics that impact the stability and future of both Czech and European economy. The conference will emphasize the link between theoretical insights and practical experiences, offering a space to explore effective solutions to contemporary economic challenges. Participants, including experts, entrepreneurs, academics, and policymakers, will have the opportunity to share knowledge, gain inspiration, and actively contribute to shaping a sustainable and prosperous economy.
Conference Language
The official language of the conference is English.
Conference Topics
The main topics of this year’s conference include:
- Stabilization of Monetary Policy – Inflation and interest rates.
- Impacts of Extraordinary Events on Public Budgets.
- Effects of Energy Sector Changes on Entrepreneurs.
- Sustainability of Financial Flows in the EU and the Czech Republic in the context of ESG (emission allowances, energy).
Key Reasons to Attend the Conference:
- Timely Economic Topics and Expert Insights
The conference will focus on the most tempting issues, such as the stabilization of monetary policy, the impacts of extraordinary events on public budgets, and the sustainability of financial flows in the context of Europe’s aging population and its social security system for illness and old age, as well as ESG. Participants will gain the latest insights from leading experts in academia, business, and public institutions. - Networking and Collaboration Opportunities
Meet key players from the fields of economics, energetics, finance, and the public and social policy. The conference offers a unique opportunity to establish connections, share experiences, and build professional relationships that can lead to new opportunities, collaborations, and projects. - Practical Approaches and Strategies
Beyond theoretical knowledge, the conference will provide practical guidance and strategies to address current economic challenges, such as the effects of inflation, rising interest rates, and the transformation of the energy sector on the business environment. - Inspiration for Sustainable and Innovative Solutions
Discussions on ESG and the long-term sustainability of financial flows in the EU and the Czech Republic will bring fresh perspectives and inspiration for entrepreneurs, policymakers, and anyone seeking innovative ways to develop the economy in alignment with environmental and social goals.
The conference is held under the auspices of the Governor of the Czech National Bank, Mr. Aleš Michl, Ph.D., and the Minister of Finance, Mr. Zbyněk Stanjura.
Hybrid venue
Deadlines and Registration
Registration for the Conference:
Register HERE.
The registration deadline has been extended to 20 May 2025.
Submission of Conference Presentation:
Deadline: May 20, 2025
Send your presentation to the assistant of the Department of Economics and Management, Bc. Kateřina Konupková, at 40688@mail.vsfs.cz.
Submission of Full Paper for Publication in an Academic Monograph:
Deadline: July 30, 2025
Send your full paper for peer review to the Chair of the Organizing Committee, Assoc. Prof. Ing. Naděžda Petrů, Ph.D., at petru.nada@mail.vsfs.cz.
The academic monograph will be published by the end of 2025.
Submission of Full Paper for Publication in the Scientific Journal ACTA VŠFS:
Deadline: July 30, 2025
Send your full paper for peer review to the journal's editorial office at acta@vsfs.cz.
In case of positive review process, the article will be published in ACTA VŠFS by the end of 2025.
Submission Guidelines:
The structure of submissions should follow the guidelines for authors provided by the journal ACTA VŠFS. Detailed information can be found here.
Certification:
All participants will receive a certificate of attendance at the international scientific conference.
Fees
Standard Payment – Deadline: May 26, 2025
- CZK 5 050 / EUR 200
- CZK 2525 / EUR 100 (for Ph.D. students)
Ph.D. students must send a scanned copy of their valid study confirmation to 40688@mail.vsfs.cz before paying the reduced student fee.
What is included in the conference fee:
- Participation in the conference
- Peer review process costs
- Publication of the contribution (based on review results)
- Refreshments, lunch on both conference days, and a networking dinner
Note: The fee does not include transportation or accommodation.
Each participant must pay the fee individually (please do not combine payments for multiple participants).
Bank Details for Domestic Payments in CZK (within the Czech Republic):
- Account Number: 500233003/0300
- IBAN: CZ25 0300 0000 0005 0023 3003
- BIC/SWIFT: CEKOCZPP
Bank Details for International Payments in EUR:
- Account Number: 248733806/0300
- IBAN: CZ37 0300 0000 0002 4873 3806
- Bank: ČSOB
- SWIFT: CEKOCZPP
Variable Symbol for Both Payment Types: 7619
(Please refer to the conference materials for the specific symbol.)
Account Holder Address:
University of Finance and Administration, a.s. Estonská 500/3, Prague 10 – Vršovice, 101 00, Czech Republic
Message for Recipient:
Please include your last name in the payment reference.
Important Notes:
- The participation fee does not cover bank transfer fees.
- The participation fee is non-refundable in case of non-attendance.
- Payment Confirmation:
Please send proof of payment to 40688@mail.vsfs.cz no later than May 26, 2025.
Preliminary Program of the Conference
1. DAY – May 27, 2025 - Congress Center, University of Finance and Administration
| 08.00 – 08.45 | Registration |
| 08.45 – 09.00 | Conference Opening |
| 09.00 – 09.30 | Presentations by Partners |
| 09.30 – 10.30 | Stabilization of Monetary Policy – Inflation and Interest Rates |
| 10.30 – 11.00 | Coffee break |
| 11.00 – 12.30 | Impacts of Extraordinary Events on Public Budgets |
| 12.30 – 13.00 | Discussion |
| 13.00 - 13.45 | Lunch |
| 13.45 – 14.45 | Effects of Energy Sector Changes on Entrepreneurs |
| 14.45 – 15.15 | Coffee Break |
| 15.15 – 16.15 | Sustainability of Financial Flows in the EU and the Czech Republic in the Context of ESG (Emission Allowances, Energy) |
| 16.15 – 16.45 | Discussion |
| 17.00 – 18.30 | Networking Reception |
2. DAY – May 28, 2025, Congress Center, University of Finance and Administration
| 09.00 – 09.30 | Registration |
| 09.30 – 12.00 | Sessions: Public Interest Entities (Financial Institutions) and the Public Sector |
| 12.00 – 13.00 | Lunch |
| 13.00 – 16.00 | Entrepreneurial Entities Section |
| 16.00 | Conference Closing |
Section meetings are scheduled for May 28, 2025
Section 1: Financial Markets, Monetary Policy, and Macroeconomics
Focused on monetary flows, central banking, macroeconomics, trading, and financial trends.
Section Chairs: Petr Budinský, Teymur Akhundov
Location of the meeting: Congress Hall
For those interested in following the session online, it is possible to join via Microsoft Teams:
https://teams.microsoft.com/l/channel/19%3ABaHTQiQPWTW8AUJDUg1MO2GvaRswvclI99Sd9IfZYrs1%40thread.tacv2/General?groupId=97af9ead-d628-4602-893b-a9db9b577f08&tenantId=e4341966-3781-40c1-9948-186e5a4b8852
Preferred language: Czech
| Presentation Time | Name | Title in English | Title in Czech | |
| 09:00 | 09:15 | Bykov Pavel | Modeling of Monetary Financial Flows in System Dynamics | Modelování monetárních finančních toků v systémové dynamice |
| 09:15 | 09:30 | Králik Dominik, Petrášek Zdeněk | The Czech National Bank and the National Bank of Slovakia as a Non/Member of the Banking Union | Česká národní banka a Národní banka Slovenska jako ne/člen Bankovní unie. |
| 09:30 | 09:45 | Mertl Jan | Fiscal Space for the Czech Healthcare System and Its Sustainability | Fiskální prostor pro české zdravotnictví a jeho udržitelnost |
| 09:45 | 10:00 | Veselá Jitka, Zíková Alžběta | Relationships Between Macroeconomic Indicators and Stock Prices From the Perspective of Fundamental Analysis | Vztahy mezi makroekonomickými veličinami a akciovými kurzy pohledem fundamentální analýzy |
| 10:00 | 10:15 | Sůvová Helena | Current Trends in Prudential Regulation | Současné trendy v obezřetnostní regulaci |
| 10:15 | 10:30 | Said Jwa | Digital Currencies and Central Bank | Digitální měny a centrální banka |
| 10:30 | 10:45 | Vostatek Jaroslav | Donald Trump Tariff Plan and Value-Added Taxation | Plán cel Donalda Trumpa a daň z přidané hodnoty |
| 10:45 | 11:00 | Vassilyev Ivan | Competition Among Banks Under Conditions of Limited Resources | Konkurence mezi bankami v podmínkách omezených zdrojů |
Section 2: Technology, ESG, Energy, and Innovation in Finance
Focused on AI, ESG, cryptocurrencies, energy, automation, and innovation in trading and portfolio management.
Section Chairs: Lubomír Lízal, Dominik Králik
Location of the meeting: Auditorium
For those interested in following the session online, it is possible to join via Microsoft Teams:
https://teams.microsoft.com/l/channel/19%3Aa5f0d7bff2ed4d5a804a8259ebc51819%40thread.tacv2/Aula?groupId=97af9ead-d628-4602-893b-a9db9b577f08&tenantId=e4341966-3781-40c1-9948-186e5a4b8852
Preferred language: Czech
| Presentation Time | Name | Title in English | Title in Czech | |
| 09:00 | 09:15 | Klein Vít | Current Challenges in the Energy Sector of the Czech Republic and Their Impact on Electricity Prices | Aktuální výzvy v energetice České republiky a jejich vliv na ceny elektřiny |
| 09:15 | 09:30 | Jukl David | Algorithmic Trading: The Role of AI, Regulation, and Scalability | Algoritmické obchodování: role AI, regulace a škálovatelnost |
| 09:30 | 09:45 | Pavlák Miroslav, Mentlík Roman, Halouzka Miroslav | Financial Aspects of Recovery and Reconstruction of Ukraine | Financial Aspects of Recovery and reconstruction of Ukraine |
| 09:45 | 10:00 | Sobková Martina | The Impact of Bitcoin on the Risk-Return Ratio Within ETF Portfolios | Vliv Bitcoinu na poměr výnosu a rizika v rámci ETF portfolia |
| 10:00 | 10:15 | Kotěšovcová Jana | Evaluation of ESG Reporting of Selected Energy Companies in the European Union | Hodnocení ESG reportingu vybraných energetických společností v Evropské unii |
| 10:15 | 10:30 | Salzmann Eleonora | Exploring ESG Integration in Multifactor Asset Pricing Models: Successes, Failures, and Insights | Zkoumání integrace ESG v multifaktorových modelech oceňování aktiv: úspěchy, selhání a poznatky |
| 10:30 | 10:45 | Ferenciková Sonia | What Role Do Artificial Intelligence, Automation, and Robotization Play in Financial Business Centers? | Jakou roli hrají umělá inteligence, automatizace a robotizace v centrech finančního podnikání? |
Section 3: Economic Policy, Society, and Digitalization (Online)
Focused on macroeconomic policy, inflation, demographic trends, public value, financial forecasting, tourism, and the digital transformation of financial systems.
Section Chairs: Jan Mertl, Jana Kotěšovcová
Location of the meeting: Online, Microsoft Teams
https://teams.microsoft.com/l/channel/19%3Acb4f77751b254be7893531478e5a48e9%40thread.tacv2/Mertl?groupId=97af9ead-d628-4602-893b-a9db9b577f08&tenantId=e4341966-3781-40c1-9948-186e5a4b8852
Preferred language: English
| Presentation Time | Name | Title in English | Title in Czech | |
| 09:00 | 09:15 | Valenčík Radim, Kremr Tomáš | Current Challenges in the Energy Sector of the Czech Republic and Their Impact on Electricity Prices | Aktuální výzvy v energetice České republiky a jejich vliv na ceny elektřiny |
| 09:15 | 09:30 | Bula Rafat | Algorithmic Trading: The Role of AI, Regulation, and Scalability | Algoritmické obchodování: role AI, regulace a škálovatelnost |
| 09:30 | 09:45 | Luc Salemans | Financial Aspects of Recovery and Reconstruction of Ukraine | Financial Aspects of Recovery and reconstruction of Ukraine |
| 09:45 | 10:00 | Mini Patrik | The Impact of Bitcoin on the Risk-Return Ratio Within ETF Portfolios | Vliv Bitcoinu na poměr výnosu a rizika v rámci ETF portfolia |
| 10:00 | 10:15 | Huppertz Jenna Aurelie | Evaluation of ESG Reporting of Selected Energy Companies in the European Union | Hodnocení ESG reportingu vybraných energetických společností v Evropské unii |
| 10:15 | 10:30 | Mach Petr | Exploring ESG Integration in Multifactor Asset Pricing Models: Successes, Failures, and Insights | Zkoumání integrace ESG v multifaktorových modelech oceňování aktiv: úspěchy, selhání a poznatky |
| 10:30 | 10:45 | Lipovská Hana, Bobošíková Jana | What Role Do Artificial Intelligence, Automation, and Robotization Play in Financial Business Centers? | Jakou roli hrají umělá inteligence, automatizace a robotizace v centrech finančního podnikání? |
| 10:45 | 11:00 | Černík Ondřej | Cooperation of Competitors in Financial Markets | Spolupráce konkurentů na finančních trzích |
| 11:00 | 11:15 | Rosinus Manuel | Advances in Financial Forecasting: Comparing Traditional Methods and LSTM Machine Learning – A Case Study on the DAX® 50 ESG Index | Pokroky ve finančním predikování: Srovnání tradičních metod a LSTM machine learningu – případová studie na DAX® 50 ESG |
| 11:15 | 11:30 | Blažek Lukáš | Project Financing Using P2B Platforms | Financování projektů pomocí P2B platforem |
| 11:30 | 11:45 | Petruščáková Mária | The Impact of Extraordinary Events on Tourism Development in the Slovak Republic | Vliv mimořádných událostí na vývoj turismu v SR |
| 11:45 | 12:00 | Huppertz Jenna Aurelie | Financial Stability Business Recovery Post-COVID: The Impact of Government Support Programs | Obnova finanční stability podniků po COVIDu: Dopad vládních podpůrných programů |
We look forward to inspiring discussions and valuable contributions from all participants.
Scientific Committee of the Conference
Chair of the Scientific Committee:
Assoc. Prof. RNDr. Petr Budinský, CSc. – University of Finance and Administration, Vice-Rector for Strategy and International Relations, Czech Republic
Vice-Chair of the Scientific Committee:
Assoc. Prof. Ing. Hana Březinová, CSc. – University of Finance and Administration, Dean of the Faculty of Economic Studies, Czech Republic
Members:
- Assoc. Prof. Mgr. Ondřej Roubal, Ph.D. – University of Finance and Administration, Vice-Rector for Research and Development, Director of the University Research Center, Czech Republic
- Prof. PhDr. Petr Teplý, Ph.D. – Prague University of Economics and Business, Institute of Sustainable Finance, Czech Republic
- Prof. Ing. PhDr. Ing. Tomšík, Ph.D. et Ph.D. – Prague University of Economics and Business, Director, Financial Market Supervision Section II, CNB, Czech Republic
- Assoc. Prof. RNDr. Jarmila Radová, Ph.D. – Prague University of Economics and Business, Head of the Department of Banking and Insurance, Czech Republic
- Assoc. Prof. Ing. Jan Mertl, Ph.D. – University of Finance and Administration, Program Guarantor of Economics and Management, Editor-in-Chief of ACTA VŠFS, Czech Republic
- Assoc. Prof. RNDr. Jan Lánský, Ph.D. – University of Finance and Administration, Head of the Department of Informatics and Mathematics, Czech Republic
- Assoc. Prof. Ing. Stanislava Mildeová, CSc. – University of Finance and Administration, Program Guarantor of Applied Informatics, Czech Republic
- Assoc. Prof. Ing. Lubomír Lízal, Ph.D. – University of Finance and Administration, Czech Republic
- Assoc. Prof. Ing. Peter Árendáš, Ph.D. – University of Economics in Bratislava, Department of Banking and International Finance, Slovakia
- Prof. Dr. hab. Monika Foltyn-Zarychta – University of Economics in Katowice, Poland
- Assoc. Prof. Ing. Petr Dvořák, Ph.D. – Prague University of Economics and Business, Rector, Czech Republic
- JUDr. Mgr. Tomislav Potocký, Ph.D. – University of Finance and Administration, Vice Dean for Pedagogical Activities of the Faculty of Economic Studies, Head of the Department of Languages, Czech Republic
- Assoc. Prof. UE Dr. hab. Joanna Błach – University of Economics in Katowice, Department of Corporate Finance and Insurance, Faculty of Finance, Poland
- Assoc. Prof. Luc Salemans – University of Applied Sciences Hogeschool INHolland, Netherlands
Organizing Committee of the Conference
Chair of the Organizing Committee:
Assoc. Prof. Ing. Naděžda Petrů, Ph.D. – University of Finance and Administration, Vice-Dean for Research and Publication Activities, Czech Republic
Vice-Chair of the Organizing Committee:
Ing. Jana Kotěšovcová, Ph.D. – University of Finance and Administration, Head of the Department of Finance, Czech Republic
Members:
- Assoc. Prof. Ing. Hana Březinová, CSc. – University of Finance and Administration, Dean of the Faculty of Economic Studies, Czech Republic
- Assoc. Prof. RNDr. Petr Budinský, CSc. – University of Finance and Administration, Vice-Rector for Strategy and International Relations, Czech Republic
- Ing. Eva Kostikov, Ph.D. – University of Finance and Administration, Lecturer, Czech Republic
- JUDr. Dominik Králik, Ph.D. – University of Finance and Administration, Lecturer, Czech Republic
- Ing. Teymur Akhundov – University of Finance and Administration, Doctoral Student, Lecturer, Czech Republic
- Ing. Oskar Crnadak – University of Finance and Administration, Doctoral Student, Lecturer, Czech Republic
- Ing. Adam Černohorský – University of Finance and Administration, Doctoral Student, Lecturer, Czech Republic
- Dita Egertová – Assistant, Faculty of Economic Studies
- Bc. Kateřina Konůpková – Assistant, Department of Economics and Management
Contact Person:
Bc. Kateřina Konůpková – Assistant, Department of Economics and Management, 40688@mail.vsfs.cz
Previous years
Outputs from previous years of the conference 2011 - 2019 can be found here: https://www.vsfs.cz/en/?id=1661-financial-markets