Brigham E.F., Houston J.F. Fundamentals of Financial Management

Concise 8th Ed. — South Western, Cengage Learning, 2015. — 692 p. in color. — ISBN: 128506514X, 9781285065144When the first edition of Fundamentals was published 36 years ago, we wanted to provide an introductory text that students would find interesting and easy to understand. Fundamentals immediately became the leading undergraduate finance text, and it has maintained that position ever since. However, over the years as Fundamentals got larger and larger, we heard more and more often that it was difficult to cover the entire book in a single term. These concerns led us to create Fundamentals of Financial Management Concise 18 years ago. When designing Concise, we had in mind those instructors who wanted to retain Fundamentals’ depth and level but eliminate some less essential topics. As is the case with Fundamentals, our continuing goal is to produce a book and ancillary package that sets a new standard for finance textbooks.
Finance is an exciting and continually changing field. Since the last edition, many important changes have occurred within the global financial environment. In the midst of this changing environment, it is certainly an interesting time to be a finance student. In this latest edition, we highlight and analyze the events leading to these changes from a financial perspective. While the financial environment is ever-changing, the tried-and-true principles that the book has emphasized over the past three decades are now more important than ever.