Hardcover: 768 pages
Publisher: Prentice Hall; 2 edition (January 8, 2011)
Language: English
ISBN-10: 0132148234
ISBN-13: 978-0132148238
Product Dimensions: 8 x 1.2 x 9.9 inches
Shipping Weight: 3.1 pounds
Average Customer Review: 4.1 out of 5 stars See all reviews (41 customer reviews)
Best Sellers Rank: #50,758 in Books (See Top 100 in Books) #68 in Books > Textbooks > Business & Finance > Finance #77 in Books > Business & Money > Finance > Corporate Finance #335 in Books > Textbooks > Business & Finance > Economics
I used this book as in a finance course. It does cover basic concepts that would allow you to branch off into specific courses. I gave it a three star review primarily because it wasn't compatible with the testing standards. It's primarily a text based approach with basic coverage on the mathematic aspects of finance.I ended up using additional resources to suppliment the math approach. The formulas looked familiar from math courses. it took some digging around to realize that it's primarily advanced algebra, the topic of series and sequence but in an applied approach. It's a good book if you just want exposure into aspects of finance, but don't think it'll make you an expert.The pro's consist of the authors identifying theory, the development of various methods, and giving a lot of concise examples for the concepts using real firms. For the most part, you can view the formulas as math for non math majors. There were some problems where there was no way around dealing with the more complex formulas. If the online content and testing had been consistent with the text teaching style, I would have given this book a better rating.To maximize your learning experience, I recomend reviewing macroeconomics, I took this concurrently with macroeconomics. The econ course explain the economics aspect a lot clearer and simpler than this text book. I also reviewed old material for advanced algebra to help with using the formulas, series and sequence dealt with compound interest and beyond. Also there should be an understanding that statistical analysis helps derives some of the projected figures used in the capital budgeting section.
This book is fairly new on the scene. If you want a basic understanding of topics, it is fine, but the book is too facile. The problems are weak and not challenging. This book would be good for a "Finance for Poets"-type of class, or perhaps a junior-college or "adult education" course, but stay away from this book if you want the topics presented in a more detailed way, or if you want more challenging problems to work. A more rigourous text is Ross, Westerfield and Jordan, "Fundamentals of Corporate Finance" (same title, but a much better book then Berk, et al.).
The book is great, it explains really well and I am happy I purchased it. I saw a comment on here where someone really loved it and that convinced me to buy. It was a required text for my class, but the class was told we don't need to buy it but I am very happy I did.
The textbook was in good condition however not everything is included that the title states is included. Such as the access code.
I bought this for my financial management class. That being said it proved and served its purpose. It's not bad reading material wise but I would have liked for there to have been an answer bank for the extra questions after each chapter.
Solid textbook! Has all the needed material I need to know for my Corporation Finance class! At first I was advised to purchase the new 3rd edition of: Fundamentals of Corporate Finance. But after seeing its price tag of more than $200, I was lost and didn't know what to do, but after my professor suggested that the 2nd edition was just as useful as the 3rd, I decided to go for this great deal. Very happy with my purchase!
In my honest opinion Fundamentals of Corporate Finance should be read by anyone considering a career in a finance related field. It is a very easy read yet detailed enough to give the reader a thorough understanding on the subject. Having said that, I must say that the only reason I give this book 4 stars is because the additional topics section has terribly written. If I didn't understand how options worked, I wouldn't have learned it from this text. The Mergers & Acquisitions section was a chore to read as the author gave reasons for acquiring a company but shot several of those reasons down due to how expensive running a larger firm is. Other than that, the "required" portion of the text is great!
It is easy to read and very informative. I would recommend this book not only finance majors but everyone. its
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