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Principles of Corporate Finance

Principles of Corporate Finance

List Price: $163.30
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Product Info Reviews

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Rating: 2 stars
Summary: Mixed reviews for beginners of finance
Review: The chapters begin with very simple explanations and scenarios. However, then they seem to jump from that of a very basic level to a high level. Formulas are given without thorough explanations, which make it difficult for those who have had limited finance/accounting experiences. There are other concepts that are explained in more detail but they tend to be the ones that are very basic to begin with. Finally, as the chapters progress, there is more ambiguity. Illustrations don't seem to be very helpful. The study guide (which does not seem to be offered through Amazon yet) helps summarize these chapters. I think this book would be more beneficial for those taking a 2nd level finance course, not the first.

Rating: 4 stars
Summary: Skimming for highlights is easy with this book.
Review: The author uses very well thought out lesson objectives at the start of each chapter, highlights the points in margins, and then has a summary section. This layout made it very easy to skim the highlights, and then go in for a detailed reading. The summary and key point question section at the end of each chapter was helpful also.

Rating: 2 stars
Summary: solid foundation; disjointed finish
Review: The book started off strong with detailed explanations of NPV, IRR, Sensitivity Analysis, and other tools of analysis. The later chapters, however, gave very weak and confusing explanations of options pricing and derivative securities. Chapter questions were poor - the answer key frequently provided incorrect answers.

- Jeff Myers - Johns Hopkins University

Rating: 5 stars
Summary: I used the book as an Undergrad at Wharton and still use it.
Review: The book was a part of my intro to finance at Wharton and I see it on other bankers' shelves.

Rating: 4 stars
Summary: A bible for all the students of corporate finance
Review: I study in Universidade Lusíada in Portugal and this was our manual during the year at Financial Management. I find it recomendable to all management students, but before we must have some basic aproach to corporate finance, because the book itself is a little bit "oversized" for a beginner. (it's also a pity the price of the book-too expensive)

Rating: 4 stars
Summary: It's the primary book in finance's studies for undergraduate
Review: I read in my university path and in Italy this is one of the most imortant manual to have the first approch with corporate finance's problems

Rating: 5 stars
Summary: I haven't read it...
Review: but everyone else has so it must be good!

Rating: 3 stars
Summary: Could be better.
Review: The wording of the problems in the back of the book were poorly chosen and confusing.

Rating: 5 stars
Summary: CORPORATE FINANCE BIBLE ON WALL STREET
Review: I have used this book three times now: as an undergraduate in financial economics, at the training program at an investment bank, and at the core finance course at my MBA. It is a very good resource and learning tool, going from the very basic ideas of discounting all the way to options pricing and more innovative finance.

This is the preferred learning tools of all finance professors I have met and the reference used by all finance professionals I met. It is very simple to follow the concepts of the book, especially if you purchase the study guide that is available with it.

The only major concern I have heard is that it does not deal with the more recent finance problems of off-balance sheet financing and other shenanigans. This is a book meant to teach basic financial theory, so those topics, in my opinion, are better treated elsewhere.


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