"Corporate Finance: Economic Foundations and Financial Modeling" (3rd Edition)

Authored by: CFA Institute

Target Audience:

• Investment professionals: This book primarily targets individuals seeking to enhance their knowledge and skills in corporate finance, particularly those working in investment roles.
• Finance students and individuals for general understanding: While the focus is on investment professionals, the book can also benefit finance students at various levels and individuals seeking a broader understanding of corporate finance concepts and their applications.

Key Features:

• Emphasis on Economic Foundations: The book builds a strong theoretical foundation by emphasizing the economic principles that underpin corporate financial decision-making.
• Integrated Financial Modeling: Throughout the book, financial modeling techniques are integrated, enabling readers to apply theoretical concepts to real-world scenarios and develop practical skills.
• Comprehensive Coverage: The book delves into various aspects of corporate finance, including:
  • Time value of money and valuation principles
  • Risk and return analysis
  • Capital budgeting decisions
  • Determining the cost of capital and financing strategies
  • Dividend policy and payout decisions
  • Mergers and acquisitions
  • Corporate governance considerations, including ethics

Learning Enhancements:

• Clear and Concise Explanations: Complex concepts are presented in a clear and accessible manner, making the book suitable for learners with varying prior knowledge.
• Real-World Context: The book incorporates real-world examples and case studies to help readers connect theoretical concepts to practical situations and understand their application in the current corporate environment.
• Learning Tools: Chapter objectives, summaries, discussion questions, and suggested readings are included to enhance the learning experience and encourage further exploration.

Overall:

"Corporate Finance: Economic Foundations and Financial Modeling" by CFA Institute serves as a comprehensive resource for investment professionals and individuals seeking to gain a deeper understanding of corporate finance. The book's focus on economic foundations, integration of financial modeling, and engaging learning features make it an effective tool for developing practical skills and applying corporate finance knowledge in today's evolving financial landscape.