Product Description
This streamlined text has a sharp focus, covering only the topics of finance which are relevant to business students and at a level which is entirely appropriate for their needs. Uniquely this book integrates text and substantive real world cases and its practical approach will help students learn how to use financial concepts and tools to solve a wide variety of business problems encountered in modern organisations. This book will empower students to conduct systematic analysis, build their own innovative action plans, understand and manage risk and create more profit, cash and value for an organisation. The book includes cross-over material to both general operational and strategic business issues and takes a highly practical approach.
From the Back Cover
Based on Corporate Finance- a model-building approach by the same author, this new text takes a highly applied and practical approach to the use of finance in creating effective business solutions.
It integrates theory and cases drawn from real business situations within a spreadsheet-modelling, learning framework and is structured around solving critical business issues.
It allows readers to conduct their own systematic analysis, to build innovative strategies and action plans, to understand and manage risk and to create more profit, cash and value for their organisation. Originally developed for and tested with practising business people attending executive programmes in America, Asia and Europe, it is an ideal text for MBA or advanced undergraduate business or finance students taking an intermediate or advanced course in finance. It is also an ideal text for professional executives.
Key features
Twenty-four case studies focusing on critical business issues- How best to launch a new product? How to value a commitment to R&D? How to restructure an information business and avoid the cash problems caused by explosive growth? How to structure the payments for an acquisition? How to redesign a project, remove its risk and increase its value? How fast and deep should one go for restructuring? How fast and how large should a commitment to growth be? How to assess the value of alternative business processes (collect-then-pay vs. pay-then-collect)? Should one hedge?
Systematic exploration of the opportunities and challenges of using spreadsheet modelling with widely tested, easy to build and effective trajectories-of-payments-and-receipts' models.
A comprehensive set of financial and risk analysis tools to provide a 'business and finance' approach rather than pure finance logic approach.
A truly international perspective. Michel Schlosser is a Lecturer and a Management Consultant.