Financial Management: An Introduction

Financial Management: An Introduction

Financial Management: An Introduction

Financial Management: An Introduction

Synopsis

Finance is a notoriously difficult core subject for business undergraduates, which many find difficult to understand. The area has been dominated by large and complex introductory texts - often from the US - which many lecturers find too detailed and unwieldy.This carefully developed and researched text will fill this gap by providing a succinct, modular, UK-focused introduction to the subject of financial management. Quality controlled by an academic review panel, the content and approach has been rigorously developed to answer the needs of non-finance students.The user-friendly features and design will be of great appeal to the many undergraduates who find finance a difficult subject. Examples, models, formulas, and exercises are lucidly and clearly presented, supported by strong pedagogical features - learning objectives, worked examples, key learning points, further reading, practical assignments, references, case studies and teacher's guide.This ensures that Financial Management will prove the most accessible text for business and finance students.

Excerpt

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.

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