Managerial-finance

I used this book for a 500-level MBA finance class, and I have to admit I liked it. The first 3/4's of the book drive home the financial manager's objective: Maximizing shareholder value. It does this consistently, and actually got me (A Sales Manager) to understand why profit needs to take a back seat to value.

Like all introductory texts, it skimps a little on complexity. However, I truly have an appreciation now for finance. Many decisions my company makes now make sense. Though I have little need to apply financial concepts in my current job, I can give better 'business reason' explanations to my reports when they ask. Which is why I began pursuing an MBA in the first place.

This new edition of the classical title looks very informative and meaningful. Perhaps a little bit more strong in the mathematical treatment will provide the customers with a text more atractive. Anyhow, it is still a good text for beginners.

Dr. Guillermo E. Martinez.

The book is fairly easy to understand. Students with little or no background in accounting were able to grasp the subject and understand the material. Thoroughly enjoyed using the text. Would have liked to see a web site available to use with the book. The test bank was effective and a time saver. I wholeheartedly recommend this book to anyone wishing to use up-to-date materials with which to teach the subject of finance. Can be used in both a regular semester and a condensed class.