Financial Management: An Introduction is intended for use by undergraduate and postgraduate students taking a finance module in a range of general business and management-related courses.
The material in this text has already been successfully tested on undergraduate and postgraduate students on a variety of business and management courses such as accounting, business studies, computing, hotel and tourism, and MBAs.
Most of the students for whom this text is intended will have already acquired a basic knowledge of financial accounting, economics and statistics, which is the only prerequisite for using this text.
The practising manager
This book should also be of considerable value to professional, non-financial, managers who wish to improve their managerial career prospects by gaining an understanding and appreciation of the essential ingredients of financial management.
A SHORTER BOOK
The length of this book—it has a total of 19 chapters, which is less than other financial management texts—reflects the changing needs of tutors and students. The shift to shorter modularised courses means that there is less time available for both tutors and students to cover the subject comprehensively.
A key challenge therefore has been to try and focus on the essential elements of financial management considered of strong practical benefit to students and practising managers. The text is designed to equip non-specialist students with the financial skills and knowledge considered essential and of real practical benefit for a general business or management-related career.
CONTEMPORARY COVERAGE
The text includes coverage of key contemporary features of financial management such as corporate governance, ethics, Economic Value Added (EVA), Market Value Added (MVA), stakeholder theory and the treasury function.
