Product Description

This text remains the only text in the market that presents a balance of financial theory and applications. The authors maintain the same four goals as with the first edition: helping learners to make good financial decisions, providing a solid text for the introductory MBA course, motivating learners by demonstrating finance is relevant and interesting, and presenting the material clearly.

Product Details

• Amazon Sales Rank: #188247 in Books
• Published on: 2004-03-12
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 1024 pages

About the Author
Eugene F. Brigham is a Graduate Research Professor Emeritus at the University of Florida, where he has taught since 1971. Dr. Brigham received his MBA and PhD from the University of California-Berkeley and his undergraduate degree from the University of North Carolina. Prior to coming to 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 he has written more than the 40 journal articles on the cost of capital, capital structure, and other aspects of financial management. The ten textbooks on managerial finance and managerial economics of which he is the author or co-author are used at more than 1,000 universities in the United States, and they have been translated into 11 languages for worldwide use. He has testified in numerous electric, gas, and telephone rate cases at both the 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 do research, plus his continuing work on textbooks. He spends his spare time on the golf course and with his family and two dogs, Geoff (after Geoffrey Chaucer) and Chocolate Chip. He also enjoys outdoor adventure activities and recently returned from a biking trip in Alaska, where he and his daughter biked nearly 300 miles in a week and took a 15-mile, seven-hour hike up a 14,240-foot peak. He was glad to get back to textbooks!

Customer Reviews

Top Textbook
This is the best textbook I've ever read. Not just the best financial textbook, but the best textbook. I used Van Horne in my MBA program in 1980. Van Horne made the same mistake that most textbook authors make: he assumes that either the student knows too much or that the teacher will clarify the author. Brigham, et. al., assumes that the student knows very little, which is always the safest assumption. In my opinion, it is impossible for an author to tell too much about a topic or to overexplain a topic. This appears to be Brigham's opinion, too. As a result, he has written a text that aids, rather than frustrates, the student in learning. In addition, it is an interestingly written text. I read well over half of the book in the evenings after work, plus Saturday and Sunday, in just one week. All textbook authors should learn from Eugene Brigham how a text book is to be written. Explain, clarify, use examples, and explain again.

A different opinion
I fully understand how very intelligent people who do not have advance financial training would find this book overly complicated. This is not the sort of book you read in bed -- it is a text book. But it is one the most useful on my shelf. I refer to it constantly.

I'm a former Goldman Sachs investment banker and current CEO of a technology company with a JD/MBA from NYU. This book was required reading for an advanced corporate finance class I took while in school. It is the best finance book I have ever purchased.

This is not a primer. But for those who understand DCF, optimal capital structure, capital leases and working capital management... this is your book.

Actually One of the Better
Don't confuse the TOPIC, which is very difficult for people who are unfamiliar, with the AUTHORS or STYLE.

The material can be confusing, but the authors do well with what they have. This book is far more readable than its competitors. Examples are adequate. Exercises cover all of the important issues. The study guide, a separate book, is useful if the material is still confusing.

For a technical textbook attempting to reach all audiences from the novice to the Finance professional, this book is one of the best. It does not focus so heavily on the theory and mathematical derivation as others, and yet explains the necessary background so that the student does not find Finance just a "black box." It does, however, attempt to be all things to all people. I would like to see a "concise" edition which focuses exclusively on about the first 15 or 20 chapters, but that is a problem constant with all.