Foundations of Financial Management

This book came very fast and was in better shape i thought than was stated.

I am a lecturer in college finance. I consider this the best undergraduate finance textbook for non-finance majors in the market, compared to the standard texts by Brealey & Myers or Brigham & Houston. It's simple, understandable, and a joy to read. Its organization is logical and consistent: beginning with accounting related concepts before proceeding to time value of money and capital budgeting techniques. Other books begin with accounting, then jump to time value and its applications, then jumping back into working capital management. It avoids complicated academic theory and focuses on the essentials and their practical applications. Some might complain of the lack of modern financial academic theory such as CAPM and MPT, but then again, how many managers really use these concepts in the real-world? 5 stars!

This is a very good introductory book for beginners from a finance and accounting perspective.

Delivery was terrific. I received the book 6 days after I ordered it and it's brand new!

As an undergrad taking his first finance class, I have have found this book to be quite useful. The concepts are explained in simplified, less-complicated ways and make reading each chapter less frustrating than perhaps some others (compared to some of the econ texts that I have had to use!). It is well-written, concise, and employs some very straightforward, easy-to-follow graphs/diagrams. Also, both the formulas and the exercises at the end of each chapter are quite useful.The only reason that I did not give it a 5-star rating is because some of the chapters did not use enough "real-world examples" or hypothetical situations in some of the more challenging lessons. This might better aid those students who are new to finance or simply need another angle to better grasp the idea.