Compras Nikon Bluetooth |
this book wastes alot of pages just for margin. not an easy to read book. the whole semester, we only covered 5 chaps, alot of material is not useful for undergraduates.
2 Great intro finance class textbook
I used this book for my undergrad introductory corporate finance class and the structure of the book is just great. The early chapters does a superb job getting across the basics of finance (NPV, IRR), while the later ones give a general look at more complex issues such as dividend policy and corp fin for M&A.
3 Excellent Introduction to Finance, and a Good Reference
First off, I never had any particular interest in the area of Finance. I simply purchased this book as a required text for the core finance course in my MBA program. All in all, I was very pleasantly surprised. The course was very informative, with a top-notch professor leading us through the material. But even more than the lectures, this book was my primary resource for guiding me through the principles of Corporate Finance. Ross does a great job of clearly explaining each topic, then supporting his explanation with effective examples.
Even though the book is well written, I can't deny that it was still challenging for a finance novice, such as myself. But Ross's clean, to-the-point style was a refreshing way for me to approach a previously unknown topic.
Of all my textbooks, I typically keep about half of them as references, and sell the rest. This book is definitely a keeper.
4 One of the Best
Along with Brigham's MBA text, this book is one of the elites for an MBA finance course. One thing many of the negative reviewers don't seem to realize is that this is for graduate students. If you've never had an undergraduate class in finance, you don't belong in a course using this book. If you don't know the principles of finance or how to use your calculator/spreadsheet, that is your problem. You're a graduate student - grow up and prepare yourself for graduate study!
For students who are ready for graduate study, this book is wonderful. It is complete in its coverage of corporate finance topics, and it provides ample practice problems and end-of-chapter exercises to test your understanding along the way. The CFA exam recommends this as the basic reference book for exam preparation because, comparatively speaking, it is very user friendly.
Those who complain about the level of difficulty or the lack of "entertainment" value need to learn how to take responsibility for STUDYING a text instead of just reading it. Either that or move to a discipline that is less rigorous. The books only get more difficult to handle as you work your way up in finance.
5 dont buy this book
This is the WORST book I have used in my study of finance. It is full of errors and it is written in such a way that it is extremely hard to understand for an average student. There are lots of calculations that are unexplained, assumtions are made that are never addressed,and it is just plain vague in virtually all subjects it discusses. Buy a different title if you actually want to learn about finance.
6 Great Text For Undergraduates as well
I used this book for my class, Financial Economics. I took this course as an economics elective before taking Corporate Finance class for my major (BSBA), but I was able to follow every chapter without having difficulty understanding the material. This book played a major role in choosing my career, which of course, is Finance, because it contains so much exciting stuff in there for people who are ambitious enough to become an Investment Banker. I recommend undergraduates majoring in Economics and Business to read this book to get started understanding the field of Finance. Enjoy it!
7 Core MBA-level Corporate Finance Book--Excellent!
Let's say you're seriously twisted and you want to become an investment banker; you get admitted into a top MBA program, prepare yourself for two years of High Finance boot camp, and hop a plane to the school of your choice. Bad news---the plane crashes, and you spend two years on a deserted island before going to Wall Street. What three books do you wish you'd packed away before your flight?
If you're like me, "Corporate Finance" is one of them. The world of financial publishing is a vicious and nasty little gladiatorial arena where a few steely-eyed finance texts shed blood and greenbacks vying for MBA-school presence. But if you're a new MBA, if you're a finance major contemplating a career on Wall Street or business school, or if you just want to lay a nice foundation in core Corporate Finance concepts, "Corporate Finance" is a must-have work.
What professors Ross, Westerfield, and Jaffe have done here is remarkable, and possibly a miracle in the often turgid world of finance publishing: they have turned out a remarkably cogent, clear, concise, yet detailed workbook designed to help MBAs and Finance BAs get the most out of core financial concepts like CAPM, Equity Valuation, Present Value, Bond math, options theory, Risk, and Financial Analysis.
All of the vital Corporate Finance theory is covered in crisp language, studded with useful examples, and punctuated by real-world economics, finance, and accounting illustrations; there are also topical articles on essential concepts that shed additional, and practical, light on areas that typically confuse finance novices (the section on Net Present Value and its theoretical competitors is particularly solid).
Capital Structure, Financial Risk, Valuation, Dividend Theory, and Option Theory are all covered in detail, and the clarity, quality, and comprehensiveness of these sections are all excellent. For students struggling with other MBA-level textbooks that purport to cover the basics, here's the bottom line: stop struggling and buy this book.
One caution: Corporate Finance is a foundation book, meaning that it is best used to gain a broad, solid understanding of the key concepts in Corporate Finance and Investment Banking. This is not an Excel-oriented or modelling-based text, nor does it approach subjects like Bond analysis or Options Theory with anything like the academic depth of a John Hull or Frank Fabozzi.
That said, Corporate Finance provides an excellent basis for a broad and deep knowledge of modern corporate financial theory; it covers all the essentials, and it does its job thoroughly, engagingly, and very competently. It is crisp, concise, user-friendly, and comprehensive, a rarity in finance textbooks.
Oh---the other two Desert Island MBA books, you ask? Easy: Mike Lewis's hysterical "Liar's Poker" and Simon Beninga's invaluable "Financial Modeling".
8 Easy-to-read, Engaging, Concise, Conservative, Best Possible
This is possibly the best intro-intermediate corporate finance book in the market today.
The competition to this book, would be Brealey and Myers (but is dry, wordy, too informal, confusing, not super organized, and prob. written to be a money vaccum for the authors).
This book really has value added to it (for instance, the layout and gold fonts make reading the book more a pleasure and hobby than a hell-chore).
The tone is really engaging, professional, formal, and just keeps you awake (relatively to other textbooks like the Brealey and Myers).
I'm a undergrad student at the Univ. of Washington in Seattle, and I have used both this book and another book by the same authors called the fundamentals of corporate finance, and it's great. I have also used the Brealey and Myers prin. of corporate finance - and its a real hunk of junk.
9 Bad attempt to confuse the students
There were no spreadsheet applications, no calculator applications and no solutions manual for the student.
The book reads dry and you need a highlighter to hunt out what the authors are trying to tell you...
Bad book , waste of money.
10 Weak, not relevant and dry
I have talked to many people that used this book and we all share the same experience: The book is dry, lacks practical examples, lacks spreadsheet applications and you almost have to sit with a marker and mark the most important concepts.
It is not written with you in mind. It is written with how can I sell the Solutions manual to you and how can the professor trick you so that he looks like the big shot.
"Essentials of Corporate Finance" was a much better book by the same authors
11 Great Overview, but Needs to Address New Developments
This gives a thorough and competent overview of the classic corporate finance paradigm. The capital structure of corporations can be easily changed with off balance sheet transactions: off-shore vehicles, total return swaps, and derivatives. This was Enron's downfall, and total return swaps on a corporations own equity are merely hidden loans that are toxic convertibles. Anyone interested in finance will also want to read "Credit Derivatives" by Tavakoli which explains these products and their uses.
12 Not well written
Either this book is too advanced for me or it's not the best. I found a few mistakes at the end of the book in problem solutions, that's minor though. Some of the problems at the end of chapters are way more complicated then the examples given in the corresponding chapter. I realize that this book is for graduate level course, but problems are way too difficult for someone without finance background.
MBA Student, Information Systems concentration
13 Big, thick, loaded and somewhat confusing in parts
The authors have tried to cram all the theories and ideas of corporate finance in one single volume- they did a commendable job, but has made it too burdensome for MBA students who have to cover the whole book in a single semester. The initial chapters are a joy to read, but it all becomes unstuck when the reader reaches Part IV (Capital Structure and Dividend Policy). Then the authors become somewhat vague and make a heavy weather of explaining the important topic. That is the reason why I could not give five stars to an otherwise excellent book. The initial three parts viz. Overview, Value and Capital Budgeting, and Risk introduce novices gently to the basic concepts and tools. The writing is wordy, but very simple, and it never becomes irksome to the reader.The part on options is detailed enough to give the reader a basic idea of derivatives and will set him/her up nicely for future courses in advanced finance. On the whole, the book is much more detailed and easily acceptable than the other "classic" viz. Brealey and Myers. The best fact is that the authors are not writing for financial experts, but for people who are new to finance. Possibly, this is the best introductory textbook on corporate finance available today.
14 This is THE book for serious study of corporate finance !
I am a student with science background. When I started my research on corporate finance, I had ZERO knowledge of investment and business ! I have tried very hard to swallow through the famous Bryley and Myers text recommended by my supervisor, and what I can conclude was : boy, is this how finance people write their text ? After beating about the bush for tens of pages, you still have no idea what they are talking about !
Thankfully this book by Ross and also another by Haim Levy save my day and correct my almost biased opinion about business academics (disorganized to the extent that can't even produce an honest and sincere introduction of finance with clarity and organized structure, that I sometimes wonder do these people know their work or not ?).
Really I don't know why some people discount Ross completely, because this is really one of the more decent and organized texts available about corporate finance. Anyone who wants to have serious learning about corporate finance should really take a look at Ross and also Haim Levy. Have patience and you will see where the author is leading you to. I am speaking from someone with ZERO background and experience in finance and business.
15 Excellent Guide
As part of the process of learning Corporate Finance, I found the guide to be extremely useful in solving problems and applying the theory to the practical stuff. In general, Ross et al deliver an easily understandable book but the best is how he takes most of the concepts at a much deeper level that you can find in many specialized books (actually many of those specialized books refer back to Ross!!!!)
16 An excellent introduction to Finance!
A very good book that explains everything in a very simple way, with clear examples. One could wish for a more profound mention of APT, since one of the authors is Stephen Ross, but great nonetheless!
17 Outstanding
Despite my engineering background I found this book very easy to read, very easy to understand. It is an outstanding book that I love to study without getting bored. We use this book at the MBA level here at the University of Georgia, Terry College of Business as an introduction to Corporate Finance. Buy it !
18 Excellent text
We use this book for both the undergraduate Intermediate Finance and MBA Introduction to Finance courses at University of Central Florida. This book is very easy to read no what your background in finance is. It serves as an excellent reference as well.
It seems there are a few people here who try to counterbalance each review that is awarded a 5-star rating with one that is a 1-star rating although their arguments do not hold water. My suggestion is to take a look at this book for yourself and simply return it if you're not happy with it. The fact the so many universities have adopted this text AND continue to use it says a lot.
19 I compared various chapters of it to other Corp. Finance boo
Several chapters of this book were assigned to my Executive MBA Corporate Finance class along with chapters from 5 other texts. The chapters from this book read better and clearer than the others and convinced me to purchase it as a reference introductory text for Corporate Finance. (Hey, folks, you can't expect a textbook to read like a "can't put it down" best-seller novel!)
20 Great overview of finance
Great overview of finance. The real world information and data are priceless.
21 Hate it
I just started my MBA program, and this is one of my text books. It's hard to read and incredibly boring. It also does little to help along the student with no prior Finance experience.
22 Excellent book for our MBA students.
It is already two years since we dropped our adoption of the Brealey Myers text and switched to this excellent book. We have found that it serves as the best introduction to other professional books such as Valuation by Dr. Copeland. More than all we appreciate the coherency and splendid exposition of CAPM, beta, APT, Modigliani-Miller, and the different methodologies of valuation.
23 We are safe from the Brealey & Myers curse !!
As an MBA student I found this one of the best books presented in the program. A truly clear, concise and student friendly book.
24 Trash
The book is completely dry and void of any practical use. Aside from that of holding up your wobbly coffee table, I suggest that you not purchase this.
25 Of little value, but big price!!!
This book is very expensive for the quality. Don't buy it and drop any class that uses it if you are a serious student of finance.
26 An Excellent Book for MBA students.
This book incorporates managerial accounting and corporate finance. The standard is comparable to the corporate finance by Brealy and Myers. The book has many current examples that may help finance students.
27 Inadequate, completely inadequate
A collection of incompetance. A celebration of self-contradiction and muddled financial theory. It appears as if the authors and publisher conspired to set the standard in introductory text as low as possible in order to acheive the "most improved" award next year. This is easily attainable for this group if they perform a spell-check before going to press. As a consumer of such text I must say that the US$80 investment in this jarbled mess is an outstanding contribution to the mediocrity fund.
28 A malnutritioned approach to the field of finance
This book has of little value to any student attempting to understand the dynamic field of corporate financial management. Not only is the text of poor quality, but the examples and problems do not accurately convince the student of the value of the field.