Fundamentals of Corporate Finance, Alternate Edition (Mcgraw-Hill/Irwin Series in Finance, Insurance, and Real Estate)
Stephen A. Ross | Randolph Westerfield | Bradford D. Jordan


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Wow! Great! Excellent! Amazing etc.., the list can continue.This is one book that any starter in finance area will want to learn from. Its a power-packed source of information for any student who is just starting to learn finance, however if you are already a pro in finance, then don't even considering this book because you'll finish reading the entire book in a couple of weeks.

I used this book for my exams preparation along with brealey myers text and the combination simply pushed my rank into the outstanding bracket.

This book is particularly useful for the following chapters:
5. Introductio to valuation: time value of money
6. Discounted cash flow - Interesting chapter opening
7. Interest Rates and Bond Valuation - Great Derivations
8. Stock Valuation - Once again great derivation on formula's
9-11: Capital budgeting - will be useful to only absolute starters. I liked the material in Brealey Myers text, it is more advanced
12. Some lessons from corporate market history
13. Return,Risk and Security Market Line
15. Cost of Capital
19-21: Short Term Finance - Best coverage, though not complete in all respects.

Finally one honest note, I didn't know how to produce PV/FV/Annuity tables by myself before I bought this book. Now I able to produce them all by myself.

I you want to dig deeper in finance, just like I am doing, then I suggest you buy this book and principles of corporate finance by brealey myers.This book will provide you with the base that is needed to cover the other book that I mentioned.
2 Good Book
I am new to Finance aspects. This book very well served the purpose. Thank you

Wednesday, 09-Jul-2008 01:47:55 CDT
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