This significant new finance text has a broader scope and greater emphasis on general principles than most other introductory finance texts, which typically focus exclusively on corporate finance. This text incorporates Corporate Finance, investments, and institutions. Departs from other texts, which focus almost exclusively on corporate finance. Emphasizes material that students can relate to. Allows students to see finance as one big picture instead of as unconnected pieces.
Students learn the important practical skill of how to build actual models.
International material was thoughtfully integrated so that students are given the best examples at the appropriate places. Most texts add this material in a boxed feature as an after thought. Helps students check their understanding of material previously presented. Encourages students to actively use the theory in dealing with their own affairs, and in interpreting the financial news. Students obtain instant feedback to concepts learned within the text.