From the Inside Flap
The Basics of Finance is an accessible book for those who want to gain a better understanding of finance, but lack a strong business background. Divided into four parts, it skillfully covers the essential concepts, tools, methods, and strategies in finance without delving too deep into theory or jargon.
Written by expert authors Pamela Peterson Drake and Frank Fabozzi, this reliable resource addresses everything from financial instruments and markets to portfolio management techniques, understanding and analyzing financial statements, and the different types of corporate financial strategy, planning, and policy.
Engaging and accessible, this practical guide:
Covers the three main areas of financecapital market theory, financial management, and investment managementand discusses what each one encompasses
Provides a solid foundation in the field of finance, which you can quickly build upon
Explores in an introductory way important topics such as cash flow analysis, asset valuation, capital budgeting, and derivatives
Includes access to a companion Web site with an appendix of solutions for a selection of the sample problems
In addition, each chapter includes valuable sample problems and end-of-chapter questions so readers can measure their progress.
The Basics of Finance offers finance practitioners and students alike a wealth of essential guidance on the most fundamental and rudimentary topics in finance including an introduction to everything from financial markets and institutions, business finance, portfolio management, and risk management. If you're looking to learn about finance, this is the best place to start.
From the Back Cover
Written by the experienced author team of Pamela Peterson Drake and Frank Fabozzi, The Basics of Finance puts the essential elements of this discipline in perspective and will allow you to gain a better understanding of today's dynamic world of finance.
Divided into four comprehensive parts, this reliable resource will help you to see how all the pieces of finance fit together. Page by informative page, The Basics of Finance:
Provides the basic framework of the financial system and the players in this system
Discusses financial management and topics such as financial statement analysis and financial decision-making within a business enterprise
Examines the analytical part of finance, which involves valuing assets and analyzing performance
Covers the essentials of investment management, which includes portfolio theory and asset pricing
Along the way, sample problems with detailed solutions are provided in many chapters, allowing you to practice any math demonstrated in those specific sections. End-of-chapter questions are also included for each chapter, along with select solutions easily accessible on the companion Web site, so you can test your knowledge of the basic terms and concepts discussed in each chapter.
If you're looking to gain an understanding of what finance is really about at the fundamental level, look no further than this book.