Hands-on Approach: Most chapters have numerical examples and a rich and varied selection of end-of-chapter problems. This helps instructors to convey key points in a logical manner.
Excel Spreadsheets: Most quantitative examples are formulated using spreadsheet logic. The solutions to end-of-chapter problems are also formulated in Excel, offering students numerous templates for exploration and learning. Students who use this text, and who use the solutions files, will enhance their spreadsheet skills. Since many careers in finance require a high level of spreadsheet proficiency, the student obtains tangible benefits.
Current Examples: The text is interspersed with numerous real-world examples: this is particularly useful for bringing the topics alive to students without field experience. These examples concern firms in diverse industries, from diverse countries, and serve to increase student awareness of global issues. This book has many examples from emerging markets: US as well as non-US students can relate to these examples.
Credit Crisis of 2007-2008: The credit crisis of 2007-2008 is one of the most significant events in recent times, and many examples allude to this event. Without a doubt, this crisis has impacted financial practice (e.g., a heightened sensitivity to counterparty risk), so it is important to convey this cutting edge material. More generally, students learn to appreciate the dynamic nature of the financial world.
Mini-cases: Each chapter has a mini-case (using the same firm) that offers an opportunity for students to apply concepts covered throughout the chapter. Many mini-cases contain information about real-world firms to illustrate to students how the concepts in the text relate to the everyday world. Each mini-case is designed to be completed with 1-3 hours of work and can be used for a 20-30 minute class discussion.
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