Both of us have been teaching international management to undergraduates and M.B.A. students at Georgia Institute of Technology, Wake forest University, and at other universities we have visited for two decades. During this time period, we conducted many research studies, published in major finance and statistics journals, concerning the operation of international financial markets. As one might imagine, in doing this we put we put together an extensive set of teaching markets. As one might imagine, in doing this we put together an extensive set of teaching materials which we used successfully in the classroom. As the years went by, We individually relied more on our own teaching materials and notes and less on any one of the major existing textbooks in international finance ( most of which we tried at some point).
As you may be aware, the scope and content of internation finance have been fast evoling due to deregulation of finance makets, product innovations, and technological advancements. As capital markets of the world are becoming more integrated,a solid understanding of international finance has become essential for astute corporate decision making. Reflecting the growing importance of international finance as a discipline, we have seen a sharp increase in the demand for exprts in the area in both the corporate and academic worlds.
   In writing International Financial Management, Third Edition, our goal was to provide well-organized, comprehensive, and up-to-date coverage of the topics that take advantage of our many years of teaching and research in this area. We hope the take is challenging to students. This dose not mean that it lacks readability. The text discussion is written so that a self-contained treatment of subject is presented in userfriendly fashion. The text is intended for use at both the advanced undergraduate and M.B.A. levels.

Part one Foundation of International Financial Management
Part two World Financial Markets and Institutions
Part three Foreign Exchang Exposure aand Management
Part Four Financial Management of the multinational Firm