The market leader, Brigham/Houston continues to grow in reputation as the most effective approach for learning. It is also updated to reflect the latest in theory, research, real-world examples, and use of technology. The seamless, integrated ancillary package - done by the authors - is a hallmark of this package that makes course preparation easier for instructors and the subject more accessible for learners. Now included with this edition is access to Thomson ONE -Business School Edition, a product of Thomson Financial's Investment Banking Group. Access real company data and apply the most reliable information on financials, earnings estimates, market data, and source documents in the classroom.
I am currently reading this book for my Fundamentals of Financial Management course. The chapters are long and much to read in only 6 weeks which is the length of each quarter. The material is detailed with tons of information but at times the diagrams are hard to follow, but the book is full of great information, really good for people who are majoring in accounting. The book is a bit much for people who have to have take this course per their requirements for their major as is in my case (health care management), but there is a lot to learn in this course that we obviously have to know.
Brigham and Houston's text seems pretty informative, but I found myself frequently supplementing this text with additional resources. I also found that some of the concepts presented were not explained clearly or sufficiently enough for introductory financial management students. At best, this book serves as an introduction to new concepts that the reader will need to research further (and, in some instances, much further) on his/her own to develop a good fundamental understanding of financial management.
This is a textbook but it's a pretty good one for basic corporate finance. I thought the examples were clear and really walked you through the formulas, etc. It won't replace a night out on the town but it's good for what it's intended for.
Had to read this book for a Master's level Finance class. The concepts were so far above what I will need in my life that is was very confusing - like reading Latin. But if you understand it, good for you.
REread it ,an interesting book .Examples are so easy but exercises are indeed a challenge .I understand it and now I can easily teach my juniors but I still can't solve real life problems of TVM (It is so easy to understand the basic concept and formulas but exercise is a bit difficult without solution manual) .
An excellent textbook that covers the rudiments of financial management.
Assigned for a class at Northeastern University.
Corporate financing. Economic principles. Basic business legal codes. CAPM. Banking structures, etc. etc.. Each have an understandable treatment for the lay reader who is just starting out.
In my experience in finance a lot of the math is not of much use or out of date. Still useful to know nevertheless.
A good comparison is learning basic math shorthand while using calculators after the fact. Or even learning to spell when spell-checkers now can be a practical over-riding tool in nearly every academic circumstance. The fundamentals can be no doubt essential for later understanding.
Even knowing the respective differences between corporations or sole proprietorships or partnerships on page 1 (so to speak) is so simple that businessmen can often miss the forest here by neglecting the basics.
Business is a relatively easy academic subject that fills the echelons of corporate middle managers with typical undergraduates who make it through college with half their brain intact.
Going back to this textbook after many many years away I see now that the problem sets were really a cinch.
Then not so much, not being able see what is lastingly relevant at the time of first exposure.
I highly recommend this Book for any particular group or educational environment learning or teaching about investments. This is an excellent guide and creative from beginning to end with definitions mathematical formulas and clarity of finances. I am in the process of getting approval from the author and publisher to post and use RSS (Really Simple Syndication)feeds of useful and helpful information on my blogs apps and info sights.
There isn't anything special about this textbook because it's pretty standard. Anyone who reads this textbook will have a good study tool for their Finance course. Personally I'm taking Financial Management and it has done a good job explaining all the definitions and formulas I needed to know. If you can it might be better to buy the digital book because it's what I have used most.
نویسنده کتاب سعی کرده با مثال و تنوع بر جذابیت موضوع بیافزاید. یک بار چند فصل آن را برای درس مالی خواندم و این تابستان برای آشنایی کلی با مالی. تنها کاربرد خواندن اقتصاد مهندسی هم برای این درس است.