Author Description
Count on the renowned author team that's First in Finance to deliver a unique balance of clear concepts, contemporary theory, and practical applications that ensures a thorough understanding of today's corporate finance and financial management. Brigham/Houston's FUNDAMENTALS OF FINANCIAL MANAGEMENT, 12E presents a solid, focused foundation in financial basics punctuated with timely actual examples, end-of-chapter applications, and Integrated Cases that make it easier to understand the how and why of corporate budgeting, financing, and working capital decision making. The book's presentation of Time Value of Money (TVM) is repositioned so readers can immediately begin using the concepts after learning them. THOMSON ONE-BUSINESS SCHOOL EDITION accompanies this edition, offering the same financial online database used by professionals on Wall Street every day. FUNDAMENTALS OF FINANCIAL MANAGEMENT, 12E also offers APLIA FOR FINANCE, the leading homework solution tool in educational publishing today. Trust the strengths in Brigham/Houston's market-leading FUNDAMENTALS OF FINANCIAL MANAGEMENT, 12E for the First in Finance time and time again.
Menrva's Summary
THE THESIS
This text investigates the core principles of corporate finance and financial management by balancing theoretical frameworks with practical, real-world application. Eugene F. Brigham and Joel F. Houston utilize their extensive academic and professional backgrounds to provide a structured approach to financial decision-making. The book argues that a deep understanding of financial basics, such as the Time Value of Money, is necessary for effective corporate budgeting and capital management. By integrating contemporary examples and professional databases, the authors aim to bridge the gap between classroom theory and industry practice.
THE SCOPE MAP
What You Will Find
- Comprehensive coverage of corporate budgeting, financing, and working capital management.
- Methodologies for calculating the Time Value of Money (TVM).
- Integration of professional financial databases and homework solution tools.
- Case studies and end-of-chapter applications for practical reinforcement.
Scope Limits
- The text focuses primarily on corporate financial management rather than personal finance or investment banking strategies.
- It does not cover advanced derivatives or complex quantitative modeling beyond standard corporate finance requirements.
THE AUTHORITY PERSPECTIVE
Experts and educators frequently cite this work as a foundational text for undergraduate and graduate finance curricula due to its clear pedagogical structure. Readers often note the academic density of the prose, which is balanced by the inclusion of practical case studies and professional software integration.
Page Count:
850
Publication Date:
1994-11-11
Publisher:
Saunders College Publishing/Harcourt Brace
ISBN-10:
0030150787
ISBN-13:
9780030150784
Economics
Business
Management
textbook
Finance
Corporate Finance
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