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Book Details
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Analysis for Financial Management |
Author: Robert C. Higgins
Published: 2008-11-27 |
List price: $107.25
Our price: $107.25
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Not yet published
As of: January 06th, 2009 07:47:13 AM
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Customer comments on this selection.
Good overview. This is a good overview of how to measure company performance and investment opportunities, and how this is supposed to be used in the management of a company, in takeover situations, common investments, etc.
However, while the book does offer a good overview it seems to cram too much information into too few pages. The writing style is also somewhat academic in its use of long sentences that are sometimes difficult to understand. Additionally, I would have liked to see a proper derivation of the Discounted Cash Flow formulas because they form the basis for a significant portion of the book, and they can actually be derived quite elegantly in just a page or two using Geometric Series.
PS: This review is for the 8th edition.
A terrific introduction to financial management This is an exceptionally clear text. All the basics of corporate finance are covered with real life examples taken from real corporations (large and small). The explanation of the concepts and the logic behind all accounting parameters is very clear. Higgins knows his stuff well and does a great job in guiding the reader to a good understanding of the subject. The material is well organized and it flows in a logical manner. Mr. Higgins even managed to sprinkle some humor throughout the text, which makes it all the more enjoyable.
This book is worth every penny.
Check for the version number Beware which version is purchased! I purchased a "new" copy of version 4. (The version number was not advertised.) The current version number is 8 and it appears to be only available from the current publisher, McGraw Hill as an $85- paperback. If you are not taking a class the older version may be ok but I am in a class.
The CURRENT VERSION IS 8
One of the best books on financial analysis I am in the financial services field and a self learner, too. I wanted this book for my business library and to help me brush up on financial analysis. This book did not disappoint me. It is very well written, although I would recommend a newer edition.
Excellent introductory book on Analysis for FM It is one of the best books I have ever used for course reference. One of the reviewers (on the back cover) taught me the Corporate Finance course at HBS with this book as the reference text and it was a great learning experience. I also find this book as a great reference material for my CFA exam. Can't wait to get my hands on the next edition.
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