A discussion-based learning approach to corporate finance fundamentals Lessons in Corporate Finance explains the fundamentals of the field in an intuitive way, using a unique Socratic question and answer approach. Written by award-winning professors at M.I.T. and Tufts, this book draws on years of research and teaching to deliver a truly interactive learning experience. Each case study is designed to facilitate class discussion, based on a series of increasingly detailed questions and answers that reinforce conceptual insights with numerical examples. Complete coverage of all areas of corporate finance includes capital structure and financing needs along with project and company valuation, with specific guidance on vital topics such as ratios and pro formas, dividends, debt maturity, asymmetric information, and more. Corporate finance is a complex field composed of a broad variety of sub-disciplines, each involving a specific skill set and nuanced body of knowledge. This text is designed to give you an intuitive understanding of the fundamentals to provide a solid foundation for more advanced study. Navigating the intricate operations of corporate finance requires a deep and instinctual understanding of the broad concepts and practical methods used every day. Interactive, discussion-based learning forces you to go beyond memorization and actually apply what you know, simultaneously developing your knowledge, skills, and instincts. Lessons in Corporate Finance provides a unique opportunity to go beyond traditional textbook study and gain skills that are useful in the field.
Lots of great research of traditional topics of financial management and decision-making. Of which the best-presented ones are: M&A, projests with unequal lives, pro forma reporting, ration analysis, WACC overview, forecasting, inerest rates, seasonality. Some other fun stuff: Finance as Art not Science, Strategic analysis, Asymmetric information, market overview, covenants and their possible role in strategy formation. Lots of illustrative analysis, cases for practicing and great narrative to present information in clear and concise ways.
About as clear a book on corporate financing structure and discounted cash flows as I can imagine. It's aimed at future CFOs and similar, so is it helpful for individual investors? Probably not massively, but it does demystify a few things, which is good for one's confidence in one's understanding.