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.
Joel F. Houston is the William D. Hussey Professor of Business Administration at the University of Florida. He received his M.A. and Ph.D. from the Wharton School at the University of Pennsylvania, and his undergraduate degree from Franklin and Marshall College. Prior to his appointment at the University of Florida, Dr. Houston was an Economist at the Federal Reserve Bank of Philadelphia. Joel's research is primarily in the areas of corporate finance and financial institutions, and his work has been published in a number of top journals including THE JOURNAL OF FINANCE, JOURNAL OF FINANCIAL ECONOMICS, JOURNAL OF BUSINESS, JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS AND FINANCIAL MANAGEMENT. Professor Houston also currently serves as an Associate Editor for the JOURNAL OF MONEY, CREDIT AND BANKING and the JOURNAL OF FINANCIAL SERVICES RESEARCH. Since arriving at the University of Florida in 1987, Joel has received 17 teaching awards, and has been actively involved in both undergraduate and graduate education. In addition to co-authoring leading textbooks in financial management, Dr. Houston has participated in management education programs for the PURC/World Bank Program, Southern Company, Exelon Corporation and Volume Services America. Joel enjoys playing golf and tennis and spending time with his wife (Sherry) and two children (Chris and Meredith). He is an avid sports fan who follows the Florida Gators, and the Pittsburgh Steelers, Pirates and Penguins.
Fundamentals of Financial Management is geared toward courses for people either forming the base for further study in finance or for courses in finance for non-financial managers (which applies to me). If you are going to be in any type of upper management, especially a CEO or executive vice president, you'll need to have a basis for how financials work (as well as if you are in business for yourself).
I am finishing up a course in my PhD program that uses this as the assigned textbook. For the most part, explanations are thorough and I really appreciate the samples of excel calculations as well as financial calculator use. Though it is a textbook, for the most part, it's not that difficult to read.
My only complaint is that some of the explanations of certain concepts receive little attention in the chapter, but a detailed question is asked in the problems at the end of the chapter based on that concept. There were a couple of times that I had to look to external sources to figure something out from the book. Now, that isn't necessarily outlandish for doctoral courses but someone working on a bachelor's degree or a master's degree shouldn't have to do that.
Overall, it's a good textbook for the basics of the financial industry. If I was to teach an introductory financial course (not bloody likely, that's not my strong suit), I would consider using this book.
Product Details :
Hardcover: 688 pages
Publisher: South-Western College Pub; 7th edition (January 26, 2011)
Language: English
ISBN-10: 0538477113
ISBN-13: 978-0538477116
Product Dimensions: 1 x 8 x 11 inches
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