Basic Financial Management

Bol Partner

This text balances a conceptual understanding of the material with rigour in building an understanding of the financial decision-making process, rather than just an introduction to the tools and techniques. Building the presentation around the 10 Axioms of Finance as an intuitive framework for understanding 'the big picture', the text provides a cohesive and enduring understanding of the tools of modern theory while developing the logic behind their use. *Concludes each chapter with a section on 'How Financial Managers Use This Material'; that ties the chapter material to students' future job setting and to real world companies. *Features unique treatment of Value Based Management - VBM - the set of management tools designed to help firms manage their operations in such a way as to enhance shareholder value. *Integrates examples of international finance throughout. *Focuses on the creation of wealth. *Emphasizes actual business practices throughout - to demonstrate both the relevance of topics discussed and the implementation of theory. *Weaves coverage of international finance throughout the text and includes an optional full chapter that deals directly with the topic.

Bol

Dive into the fascinating world of finance with "Basic Financial Management"! This university textbook offers a comprehensive introduction to key financial concepts, from personal finance to global markets. Explore the psychology behind financial decision-making, understand the role of ethics, and learn about the impact of technology. Discover the complexities of financial crises, the importance of regulation, and the rise of sustainable investing. This book goes beyond the basics, delving into cutting-edge topics like fintech, behavioral economics, and data analytics. It provides a unique perspective on financial inclusion, the future of work, and public finance. "Basic Financial Management" not only equips you with essential knowledge but also encourages critical thinking about the evolving landscape of finance.