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Product Description
A core text for one semester courses in Financial Institutions and Markets.
A comprehensive exploration of the world's financial markets and institutions.
Foundations of Financial Markets and Institutions, offers a comprehensive exploration of the revolutionary developments occurring in the world's financial markets and institutions –i.e., innovation, globalization, and deregulation–with a focus on the actual practices of financial institutions, investors, and financial instruments.
This fourth edition incorporates and addresses the vast amount of changes that have recently occurred in financial institutions and markets around the world.
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6 of 6 people found the following review helpful
Format:Paperback
Clear example of a rushed updation of a finance textbook, in an attempt to become one of the first textbooks with 'sub-prime crisis' written on its pages.
Definitely not a 'Foundation' as implied by the title, the economic understanding required for a course in FM&I need not be so detailed and confusing for those who have not read economics before.
To save a lot of space in this review and to put it simply: This book contains some ambitious topics for 'Foundation' courses, which are explained poorly.
To help my fellow students, (in my opinion):
> If it's details or more mathematics you want SEE Saunders & Corbett.
> If it's UK Specific examples you want SEE Howell & Bain.
> ***If it's a 'Foundation' course textbook (with the correct level of detail) you want, BUY Madura, J. (Very difficult to beat)
> And Finally, If it's macroeconomics you want... READ an Economics textbook! Best to learn a topic in full through an econ textbook rather than confusing yourself with half the story like in this one! :)
Definitely not a 'Foundation' as implied by the title, the economic understanding required for a course in FM&I need not be so detailed and confusing for those who have not read economics before.
To save a lot of space in this review and to put it simply: This book contains some ambitious topics for 'Foundation' courses, which are explained poorly.
To help my fellow students, (in my opinion):
> If it's details or more mathematics you want SEE Saunders & Corbett.
> If it's UK Specific examples you want SEE Howell & Bain.
> ***If it's a 'Foundation' course textbook (with the correct level of detail) you want, BUY Madura, J. (Very difficult to beat)
> And Finally, If it's macroeconomics you want... READ an Economics textbook! Best to learn a topic in full through an econ textbook rather than confusing yourself with half the story like in this one! :)
Format:Paperback
I've started this book and i am definitely satisfied with the fact that it has a great way of explaining everything about the issue. I definitely suggest this book for all economist who considers to have a job in finance.
Listmania!
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