Financial Markets And Institutions + SAndP card + Ethics in Finance Powerweb [Hardcover]

Anthony Saunders (Author), Marcia Cornett (Author)

Book Description

ISBN-10: 0073250937 | ISBN-13: 978-0073250939 | Publication Date: November 7, 2005 | Edition: 3

Financial Markets and Institutions, 3/e offers a unique analysis of the risks faced by investors and savers interacting through financial institutions and financial markets, as well as strategies that can be adopted for controlling and managing risks. The third edition further strengthens the book's risk management approach with expanded discussions of ethics, new technology integration, and much more!.

Editorial Reviews

About the Author

Anthony Saunders is the John M. Schiff Professor of Finance and the Chair of the Department of Finance at the Stern School of Business at New York University. Professor Saunders received his PhD from the London School of Economics and has taught both undergraduate and graduate level courses at NYU since 1978. Throughout his academic career, his teaching and research have specialized in financial institutions and international banking. He has served as a visiting professor all over the world, including INSEAD, the Stockholm School of Economics, and the University of Melbourne. He is currently on the Executive Committee of the Salomon Center for the Study of Financial Institutions, NYU.. . His research has been published in all the major money and banking and finance journals and in several books. In addition, he has authored or co-authored several professional books, the most recent of which is Credit Risk Measurement: New Approaches to Value at Risk and Other Paradigms, John Wiley and Sons, New York, 1999.

Product Details

• Hardcover: 696 pages
• Publisher: McGraw-Hill/Irwin; 3 edition (November 7, 2005)
• Language: English
• ISBN-10: 0073250937
• ISBN-13: 978-0073250939
• Product Dimensions: 11 x 8.4 x 1.2 inches
• Shipping Weight: 3.8 pounds
• Average Customer Review: 3.0 out of 5 stars  See all reviews (3 customer reviews)
• Amazon Best Sellers Rank: #643,646 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

3 of 3 people found the following review helpful:

3.0 out of 5 stars Not a good intro book, June 15, 2007

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Charles Jacobsen - See all my reviews
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Amazon Verified Purchase

This review is from: Financial Markets And Institutions + SAndP card + Ethics in Finance Powerweb (Hardcover)

If anything, this book is only good for learning about financial institutions not covered in other intro finance books--extensive information on mortgage markets, the federal reserve, commercial banks, etc.

The authors' explanations of financial calculations are obscure (obsessive use of subscripts and acronyms). Paragraphs are often wordy.

For financial math, I would recommend:

Brealey, Myers, and Marcus for corporate finance principles
Bodie, Kane, and Marcus (not as good as Brealey, but still good) for investment principles
Madura for foreign exchange principles

3 of 3 people found the following review helpful:

2.0 out of 5 stars Horrible Book, December 9, 2006

By 

Uni Student - See all my reviews

This review is from: Financial Markets And Institutions + SAndP card + Ethics in Finance Powerweb (Hardcover)

Our school told us to buy this book because supposedly it is a solid text. I'm warning everyone not to buy this book. This book is riddled with errors, and the answer key given is often wrong as well. Poor quality editing, for example, sometimes the book tells you to refer to something, but its the wrong table, or they add a certain element to a practice problem, but they refer to the wrong one. NOT worth 150 bucks.

4.0 out of 5 stars Good Book about banking system, November 24, 2010

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Constantine V Arustamian (bellevue, wa United States) - See all my reviews

Amazon Verified Purchase

This review is from: Financial Markets And Institutions + SAndP card + Ethics in Finance Powerweb (Hardcover)

This is the best text book for financial institutions as it gives great overview and not so technical. I believe that this particular edition is much easier to read compare to the latest one.