Wednesday, October 6, 2010

Financial Management Book Recommendations

Financial Management Book Recommendations
Trying to find a suitable financial management book is difficult. When trying to learn concepts, a well structured book that explains concepts simply and effectively will go far. Not only will you learn faster but you will likely have a better understanding of financial management. There are literally hundreds of different books to choose from.

Visiting a bookshop is no use as they don’t usually have much to choose from. On the other hand, browsing Amazon is too difficult and it’s easy to become overwhelmed with the number of choices. Thus, the purpose of this website is to act as a mid point between the two. Below I have narrowed down your choice by compiling the best financial books I have encountered, whilst still giving you a final choice of which titles to buy.

Introductory financial management book
Financial Management: Core Concepts
Here is a well structured introductory book. It is by far the best at explaining the core concepts of financial management and does a better job than more comprehensive books. If you are new to financial management, definitely pick up this book along with one of the titles mentioned below.

More detailed financial management books
Financial Management: Theory & Practice (with Thomson ONE – Business School Edition 1-Year Printed Access Card)
Fundamentals of Financial Management (with Thomson ONE – Business School Edition)
Contemporary Financial Management (with Thomson ONE)
All three options would be a good choice out of the pool of financial management books. If you want to learn the concepts relatively well, go with the first option. It has much of what you need to know regarding financial management and it’s well structured. If you are looking to excel in the subject then grab one of these other books as you can only learn so much from a single book.
Good general financial management
Guide to Financial Management (The Economist)
This is a great resource to anyone studying and learning financial management. Additionally it is written by a reputable source. However, most importantly it’s really cheap for the amount of information in which it provides. Whatever level of knowledge you have in the area, in my opinion this books is well worth your time in reading.

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