Financial Management: Theory & Practice (with Thomson ONE - Business School Edition 1-Year Printed Access Card) (Hardcover)

by Eugene F. Brigham (Author), Michael C. Ehrhardt (Author)
Key Phrases: web extension, stock valuation, capital asset pricing model, Thomson Learning, All Rights Reserved, Tool Kit (more...)

Editorial Reviews

Product Description
Written for and praised by students just like you, FINANCIAL MANAGEMENT: THEORY AND PRACTICE gives you relevant, practical, and easy-to-understand information covering all of the financial management topics you need to succeed in this course. Underlying theory is presented first in an accessible style and then followed by the practical application.

About the Author
Dr. Eugene F. Brigham is Graduate Research Professor Emeritus at the University of Florida, where he has taught since 1971. Dr. Brigham received his M.B.A. and Ph.D. from the University of California-Berkeley and his undergraduate degree from the University of North Carolina. Prior to coming to the University of Florida, Dr. Brigham held teaching positions at the University of Connecticut, the University of Wisconsin, and the University of California-Los Angeles. Dr. Brigham served as president of the Financial Management Association and wrote more than the 40 journal articles on the cost of capital, capital structure, and other aspects of financial management. The ten textbooks on managerial finance and managerial economics that he authored or co-authored are used at more than 1,000 universities in the United States, and have been translated into 11 languages worldwide. He has testified as an expert witness in numerous electric, gas, and telephone rate cases at both federal and state levels. He has served as a consultant to many corporations and government agencies, including the Federal Reserve Board, the Federal Home Loan Bank Board, the U.S. Office of Telecommunications Policy, and the RAND Corporation. Dr. Brigham continues to teach, consult, and do research, as well as work on textbooks. He spends his spare time on the golf course, enjoying time with his family and dogs, and tackling outdoor adventure activities, such as biking through Alaska.

Mike Ehrhardt is a Professor in the Finance Department and is the Paul and Beverly Castagna Professor of Investments. He did his undergraduate work in Civil Engineering at Swarthmore College. After working several years as an engineer, he returned to graduate school and received an M.S. in Operations Research and a Ph.D. in Finance from the Georgia Institute of Technology. Dr. Ehrhardt taught extensively at the undergraduate, masters, and doctoral levels in the areas of investments, corporate finance, and capital markets. He has directed and served on numerous dissertation committees. He is a member of the team that developed and delivered the integrative first year of the MBA program. He was the winner of the Allen G. Keally Outstanding Teacher Award in the College of Business in 1989, the Tennessee Organization of MBA Students Outstanding Faculty member in 1998, the College of Business Administration Research & Teaching Award in 1998, and the John B. Ross Outstanding Teaching Award in the College of Business in 2003. Much of Mike's research is in the areas of corporate valuation and asset pricing models, including pricing models for interest-rate sensitive instruments. His work has been published in numerous journals, including The Journal of Finance, Journal of Financial and Quantitative Analysis, Financial Management, The Financial Review, The Journal of Financial Research, and The Journal of Banking and Finance. He is the author of The Search for Value: Measuring the Company's Cost of Capital, published by the Harvard Business School Press. He is a co-author of Financial Management: Theory and Practice, the market-leading MBA finance textbook, and Corporate Finance: A Focused Approach, a more focused textbook that can be covered in a single semester. Mike teaches in Executive Education Programs and consults in the areas of corporate valuation, value-based compensation plans, financial aspects of supply-chain management, and the cost of capital.

Product Details

• Hardcover: 1104 pages
• Publisher: South-Western College Pub; 12 edition (March 20, 2007)
• Language: English
• ISBN-10: 0324422695
• ISBN-13: 978-0324422696
• Product Dimensions: 10.2 x 8.2 x 1.5 inches
• Shipping Weight: 4.6 pounds (View shipping rates and policies)
• Average Customer Review: 4.2 out of 5 stars See all reviews (27 customer reviews)
• Amazon.com Sales Rank: #2,580 in Books (See Bestsellers in Books)

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Customer Reviews

Most Helpful Customer Reviews

11 of 11 people found the following review helpful:

5.0 out of 5 stars Love The Book's Content (Easy to Understand), January 28, 2008

By	D. Jenkins "Truth Tellin'" - See all my reviews (REAL NAME)

I had to purchase this book for my MBA Fin Mgmt I class last semester. I actually purchased it from the bookstore. I didn't have a finance background. I really liked the way the authors made the subject easy to understand and comprehend. It gives you plenty of examples. The answers and calculations are given for the self-test questions. This class was taken all online. When I initially had taken this class on campus, I had to drop it because I wasn't understanding the concepts. After taking an Accounting course, I felt I was better preprared for this course a second time around. This book is written for the novice and advanced student.

3 of 3 people found the following review helpful:

5.0 out of 5 stars Amazing book and Fantastic Shipping, Amazon!, June 29, 2008

By	S. J. Lobo - See all my reviews (REAL NAME)

This book is simply amazing, very easy to follow and learn. It explains basic concepts, and has some useful material - in the book as well as online - that will help you. I frankly didn't even need the study guide; I thought the book by itself was great for me. The authors have taken a lot of trouble with detailing and giving examples, for someone new to finance to pick up on. There are chapters on financial statements, time value of money, bonds, risk, stocks valuation, financial forecasting, capital costs & budgeting, cash flow estimation, financial planning, corporate valuation, IPO's, working capital management, and a whole lot more (don't let the size of the book scare you!). If there is something you didn't understand, you can always use the one-year access card (one per book) to their online resources, and download the excel spreadsheets for each chapter. There are also 4 web chapters for more information. Online, they have explained how they work out questions in the book. The examples are very realistic, outlining actual companies and incidents that have occurred in the US. This edition (12th) has more end-of-chapter problems than the previous editions.

I have experience with accounting, but haven't really done much since 6 years with it. So this book really helped me get back my basics. The Finance class that I took in the summer was a real breeze after this (many thanks to Professor Haddad too, ofcourse). And everyone knows how fast stuff is completed in the Summer! I definitely recommend buying this book. For people with prior experience in Finance, you could even buy something more advanced to go along with it.

And thank you Amazon, for the immediate shipment. I had a test the very next week of starting. I hadn't bought the text book, till it was prescribed in the first class. So I opted for the one-day shipping. The book was well wrapped and in excellent condition. It was totally worth it.

Overall, you guys deserve all 5 stars!

2 of 2 people found the following review helpful:

4.0 out of 5 stars About as helpful as you could hope for, June 17, 2008

By	Nicolas D. (North Carolina) - See all my reviews

There are a lot of things I liked about this book. For starters, it is written pretty coherently, and generally does not get too wordy. With the topic it is covering this is a feat in and of itself. The color schemes they use throughout the book to separate different examples, figures, etc further makes the book accessible.

The problems for each chapter are separated into categories for easy, intermediate, and difficult and are labeled by topic as well. This is very useful for studying if you want to brush up on a specific topic or difficulty. The back of the book provides answers to all quantitative questions, although it doesn't show you how to work out any of them.

What I didn't really like was that it was sometime difficult to find out how to work certain problems at the end of each chapter. Fairly often you will find the method to solve a problem embedded/hidden within a paragraph rather than highlighted separately. This generally does not apply to the main equations, but it can still make doing homework tedious with all the searching. Also, with the exception of the simpler chapters (Time Value of Money, and Exchange Rates) where there are numerous examples, most other chapters use one example that is either stretched out across the chapter if the problem is in depth or there will simply be one basic example. This can make it difficult to figure out how to solve any types of variations of the problem you may be required to do.

All in all, a very solid book that makes this difficult course very manageable (assuming you have a decent professor).