Customer Reviews

Analysis for Financial Management + S&P subscription card

5 star:		(9)
4 star:		(1)
3 star:		(0)
2 star:		(0)
1 star:		(0)

 

 

This book is aimed not at the financial planner, but at the nonfinancial business executive or business student interested in understanding financial management. The only prerequisite for the book is a bit of familiarity with financial statements and a curiosity about the money side of the business.

This book is now in its eighth edition. That alone is an indication of its success in meeting the needs of the marketplace. The eighth edition includes material on several of the new an innovative business practices such as the Dutch Auction for Google's initial public offering, why lenders were willing to lend Amazon $350 million just after they reported a loss of $146 million, Dell's breakthrough in working capital practices, Microsoft's cash position of almost $50 Billion. (Microsoft says they need this much cash for potential acquisitions - like maybe they decide to buy a small country).

This particular edition of the book comes with access to the Educational Version of Standard & Poor's Market Insight on-line data resource so you can work with real data that is as current as can be obtained by anyone.

I have to say, I normally wouldn't consider writing a review for a text book. But this one is good.

In most of the financial classes I've attended, I am usually left scratching my head when introduced to new concepts because the text is so dense and the examples provided very rarely explain it enough. This textbook is so well-written that, although much of the material builds upon concepts introduced in earlier chapters, reading the earlier chapters isn't entirely required to understand the subject matter: each chapter stands on its own.

Also, Higgins's style is reminiscent of those fine classic textbooks from the mid-20th century, such as Elements of Style by Strunk & White and The Intelligent Investor by Benjamin Graham, interjecting dry, and at times belly-laughingly funny, humor into the text.

This book deserves to be a classic.

After dealing with fat hard-cover textbooks with hard-to-find answers, this book is refreshingly concise and useful. It sounds strange, but I could actually call this a "readable" textbook-- i.e. sit down and read it cover to cover-- which is an accomplishment for a textbook. Highly recommended.

This book has been around for a while and is useful even for people without a Finance background. As you proceed further in the book, the chapters get in to complicated issues in finance. Nevertheless its important for a manager to understand the financial implications of every decision. Strongly recommend.

I am a JD student enrolled in a Corporate Finance course. It is a business school styled course, and the concepts are fairly complex. Higgins, however, does a great job of breaking the material down and making it accessible for those without an MBA background. Also, the review problems at the end of each chapter are very useful.

Highly recommended.

Over 25 years ago, I was required to buy a much earlier edition of this book for a financial management class. I enjoyed it so much, and it came in handy so many times over the years that, a few months ago, I happily upgraded to the 8th edition. Now, I have never come close to even considering buying an updated copy of any of my other text books. But this author's explanations of complex principles are clear and easy to follow. For a non-financial guy like me, in my current occupation, this book has been a godsend.

For a required text, it's to-the-point, relevant, and at times pretty funny. Well organized for the non-financial decision-maker type.

This book served as the foundation of a recent course offered by MIT - Sloan Business School for the technical manager.
Excellent content of important financial concepts, always keeping focus on teaching the implications financial analysis can have on managers, executives and companies.
The references to useful URLs, as well as the real life access to S&P Market Insight web are an additional bonus.
Torsten K. Gessner

The product was received well before the actual date the seller specified. Also, the seller was great to talk with and very informative.

I was asked my a corporate finance professor to purchase this book along with our school required text book. This book was a fraction of the size of our text book and packed a much greater punch. Just read this book and skip out on your textbook because the text teachers you nothing that can be applied to real life situation.