Financial Management (9th Edition)

Master the art of financial decision-making. Financial Management is widely considered the “Gold Standard” for finance students in South Africa. The 9th Edition has been thoroughly updated to reflect the current South African business environment, focusing on value creation in a volatile economy. Whether you are studying for your undergraduate degree or preparing for postgraduate qualifications, this text provides the depth and clarity needed to excel in Corporate Finance.

Why the 9th Edition is a Finance Major’s Essential:

• Academic Pedigree: Used by almost every major South African university for BCom and CTA-level studies.

• Complex Topics Simplified: Renowned for breaking down difficult concepts like the Capital Asset Pricing Model (CAPM) and WACC into digestible steps.

• Theory into Practice: Includes real-world South African case studies and comprehensive end-of-chapter problems to test your understanding.

• Integrated Learning: Covers the intersection of financial management with corporate governance and ethics.

Key Topics Covered:

• Financial Statement Analysis: Mastering ratio analysis to evaluate company performance.

• Time Value of Money: Advanced applications for valuation and investment appraisal.

• Capital Budgeting: Detailed guidance on NPV, IRR, and the Modified Internal Rate of Return (MIRR).

• Risk and Return: Portfolio theory and measuring systematic vs. unsystematic risk.

• Business Valuations: Comprehensive techniques for valuing companies in a South African context.

• Leasing vs. Buying: Making strategic financing decisions for capital assets.

Key Specifications:

• ISBN-13: 9781485129578

• Authors: Carlos Correia, David Flynn, Enrico Uliana, Michael Wormald

• Publisher: Juta and Company Ltd

• Edition: 9th Edition

• Format: Physical Softcover (Approx. 1100 pages)