When we wrote the first edition of Financial Management: Theory and Practice, we had four goals: (1) to create a text that would help students make better financial decisions; (2) to provide a book that could be used in the introductory MBA course but one that was complete enough for use as a reference text in follow-on case courses and after graduation; (3) to motivate students by demonstrating that finance is both interesting and relevant; and (4) to make the book clear enough so that students could go through the material without wasting time trying to figure out what we were saying.
   As its title indicates, this book combines theory and practical applications. An understanding of finance theory is absolutely essential if students are to develop and implement effective financial strategies. Similarly, students simply must have a working knowledge of the financial environment Therefore; the book begins with basic concepts, including background on the economic and financial environment the time value of money, financial statements, cash flows, risk analysis, and the valuation process. With this background, students can understand how specific techniques and decision rules can be used to help maximize the value of the firm

Part 1 Fundamental Concepts of Financial Managemtn
Part 2 Securities and Their Valuation
Part 3 Projdcts and Their Valuation
Part 4 Corporate Valuation
Part 5 Strategic Financing Decisions
Part 6 Tactical Financing Decisions
part 7 Special Topics

INTERNATIONAL STUDENT EDITION