Dr. Michael C. Ehrhardt is a Professor in the Finance Department and is the Paul and Beverly Castagna Professor of Investments. He completed his undergraduate work in Civil Engineering at Swarthmore College. After working several years as an engineer, he earned his M.S. in Operations Research and Ph.D. in Finance from the Georgia Institute of Technology. Dr. Ehrhardt has taught extensively at the undergraduate, masters, and doctoral levels in the areas of investments, corporate finance, and capital markets. He has directed and served on numerous dissertation committees and is a member of the team that developed and delivered the integrative first year of the MBA program. Dr. Ehrhardt teaches in Executive Education Programs and consults in the areas of corporate valuation, value-based compensation plans, financial aspects of supply-chain management, and the cost of capital. He has been awarded the Allen G. Keally Outstanding Teacher Award, the Tennessee Organization of MBA Students Outstanding Faculty member, the College of Business Administration Research & Teaching Award, and the John B. Ross Outstanding Teaching Award in the College of Business. Much of his research focuses on corporate valuation and asset pricing models, including pricing models for interest-rate sensitive instruments. His work has been published in numerous journals, including The Journal of Finance, Journal of Financial and Quantitative Analysis, Financial Management, The Financial Review, The Journal of Financial Research, and The Journal of Banking and Finance. He has also authored or co-authored several books addressing various areas of finance.
Dr. Eugene F. Brigham is Graduate Research Professor Emeritus at the University of Florida, where he has taught since 1971. Dr. Brigham received his M.B.A. and Ph.D. from the University of California-Berkeley and his undergraduate degree from the University of North Carolina. Prior to joining the University of Florida, Dr. Brigham held teaching positions at the University of Connecticut, the University of Wisconsin, and the University of California-Los Angeles. Dr. Brigham has served as president of the Financial Management Association and has written many journal articles on the cost of capital, capital structure, and other aspects of financial management. He has authored or co-authored ten textbooks on managerial finance and managerial economics that are used at more than 1,000 universities in the United States and have been translated into 11 languages worldwide. He has testified as an expert witness in numerous electric, gas, and telephone rate cases at both federal and state levels. He has served as a consultant to many corporations and government agencies, including the Federal Reserve Board, the Federal Home Loan Bank Board, the U.S. Office of Telecommunications Policy, and the RAND Corporation. Dr. Brigham continues to teach, consult, and complete research in addition to his academic writing. He spends his spare time on the golf course, enjoying time with his family and dogs, and tackling outdoor adventure activities, such as biking through Alaska.
Not sure why so many reviewers are giving it such high stars. I had this as a recommended text for Basic Corp finance course. The book and layout are itself nice. There are several figures with bright colors that try to explain the ideas behind. However, this can at times make it look like a children's book.
Also, the book has certain basic errors, and in some other cases, concepts are not explained very clearly. e.g. why do they insist on computing NOPAT = EBIT * (1 - tax rate)? It is never clearly explained why operating income as given by the cash flow statement isn't used for computing NOPAT, instead of the funky EBIT, which for several companies can contain non-operating income contributions.
Also, online access to thompson one is a joke. Firstly, it only works with IE. So if you're using Firefox (even on windows) or Safari, you're SOL. Also, the data for several companies is completely bogus. I was looking at ARM holdings data, and the balance sheet DOES NOT BALANCE, INCOME statement numbers don't line up.
The book, to its credit, is very good about explaining the use of Excel for problem solving, but because of that, it seems that it tends to lose focus on the meaning of the actual math behind the computations, and instead ends up being an excel "how to".
I am always a little skeptical about buying my textbooks online, especially when they claim to be new. This book was half the price of what was being asked for a new copy in the bookstore and it came brand new in the shrink wrap. I am very pleased with this purchase.
Product Details :
Hardcover: 848 pages
Publisher: South-Western College Pub; 4 edition (February 2, 2010)
Language: English
ISBN-10: 1439078084
ISBN-13: 978-1439078082
Product Dimensions: 8.3 x 1.3 x 10.3 inches
More Details about Corporate Finance with Thomson ONE - Business School Edition Available Titles Cengagenow, 4th edition
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Download Corporate Finance with Thomson ONE - Business School Edition Available Titles Cengagenow, 4th edition PDF Ebook
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