Fundamentals of Financial Management Concise Sixth Edition PDF Book
The !rst edition of Fundamentals was published 30 years ago. Since then, the body of !nancial knowledge has expanded mightily, and this led us to continually add to the book. As Fundamentals got larger and larger, we heard more and more often that it was dif!cult to cover the entire book in a single term. Therefore, we asked our students and other professors for advice. Some said that we shouldn’t worry about the book’s size, because a larger, more complete book gives professors "exibility in designing their courses, is a better reference for students after they have completed the course, and allows interested students to read chapters not covered in class on their own. Others disagreed, arguing that, as textbooks get larger, it becomes increasingly dif!cult for professors to develop a manageable syllabus, and it also forces students to buy a larger, more expensive text than they want or need. In the end, we concluded that both arguments have merit, so we decided to write a concise version for those who think a smaller, more concise textbook would better suit their needs. When we !rst created Concise, we debated between streamlining the book by covering all the topics but in less depth versus covering fewer topics but maintaining the depth and rigor of Fundamentals. We chose to retain the depth and level while eliminating some less essential topics. While the omitted topics are interesting and important, they are not critically important, and !nance majors will study these topics later in their advanced courses
