by Mustafa Akan (Author), Arman Teksin Tevfik (Author)
Finance is the study of how individuals, institutions, governments,
and businesses acquire, spend, and manage their money and other
financial assets to maximize their value or wealth. Fundamentals of Finance
introduces the nuances of finance in a comprehensive yet concise manner
and is essential reading for professionals building a career in finance
or for students taking a course in finance. The book consists of four
parts:
- Part I: Introduction to Finance, Money and
Interest Rates, and Time Value of Money focuses on the role financial
markets play in the financial system and financial basics that underlie
how markets operate.
- Part II: Investments and
Portfolio Management discusses the characteristics of stocks and bonds,
how securities are valued, the operations of securities markets,
formation of optimal portfolios, and derivatives.
- Part
III: Financial Management/Corporate Finance explores financial
planning, asset management, and fund-raising activities that will
enhance a firm's value.
- Part IV: Management of
Financial Institutions focuses on management of financial institutions
in general, and risk management in financial institutions in particular.
The book's many examples, appendices,
graphs and tables provide valuable know-how to a wide audience, making
it an excellent resource for professionals as well as students who wish
to attain a broad understanding of finance.
