Corporate Finance Core Principles and Applications SAndP card McGraw Hill Irwin Series in Finance Insurance and Real Est
Corporate Finance, by Ross, Westerfield, Jaffe and Jordan was written to convey the most important corporate finance concepts and applications as a level that is approachable to the widest possible audience. The concise format, managerial context and design, and student-friendly writing style are key attributes in this text. We took the best from RWJ Fundamentals and RWJ Corporate to create a book that fits an underserved need in the market. RWJJ Core Principles strikes a balance by introducing and covering the essentials, while leaving more specialized topics to follow-up courses. This text distills the subject of corporate finance down to its core, while also maintaining a deciding modern approach. The well-respected author team is known for their clear, accessible presentation of material that makes this text an excellent teaching tool.
User Ratings and Reviews
2 Stars Corporate Finance
I purchased this textbook for a class. The class is kind of advanced and I am having to teach myself from the book. Unfortunately, the book does not give very many examples and only shows the simplest equations then expects to be able to solve the harder ones. Overall, the book is not very helpful/ user friendly.
1 Star Disappointing text
This text is not adequate for an introductory finance course but not advanced enough for higher level finance classes. The textbook fails to provide examples in an easy to read manner. When giving formulas and mathematical examples the text never shows all steps taken when arriving at an answer. Basic definitions and concepts are not explained, but rather mentioned in passing. Chapter descriptions leave more questions than providing answers. Questions at the end of the chapter cannot be answered using the information in the chapter. Instead of requiring simple derivation, students are forced to make leaps of faith in working problems or must rely on outside information sources to complete problems.
4 Stars Makes the subject as clear as possible
This book is written in a simple, straightforward style. It’s like you’re sitting with a friend who knows this stuff really well and is explaining it to you, without loading you down with all the complications you don’t need to know at first. That said, as the chapters progress, it introduces lots of “complications” and always gives a full treatment–derivation, intuitive justifications, and formal proof (where appropriate). The authors have given a lot of thought to how to organize the subjects, and they anticipate most of the reader’s questions.
There are adequate exercises after each chapter, and each exercise starts by giving you a hint as to what the problem is about. These hints are a big help in getting started on the problem. However, they are a crutch as well, and, as I faced the test, I found myself thinking “what, no hints?”
My only complaint is that very few answers are given in the back of the book. If you buy this book, I highly recommend getting the separate solution manual as well.
Filed under: Insurance Book Reviews