Essentials of Corporate Finance 11th Edition By Stephen Ross

**Essentials of Corporate Finance 11th Edition By Stephen Ross**

“Essentials of Corporate Finance” is a fundamental book written by Stephen Ross, a renowned professor of Finance and Economics at the Massachusetts Institute of Technology. The book focuses on providing undergraduate students with diverse backgrounds the essential knowledge needed for a course in business or corporate finance. It aims to explain important concepts in a clear and approachable manner, making it accessible to a wide audience.

**Key Features of the Book:**
– Emphasis on Instinct: The book explains concepts in a commonsense and intuitive manner before delving into specifics.
– Unified Valuation Method: The fundamental concept of net present value (NPV) is at the core of corporate finance discussions.
– Managerial Focus: The role of the financial manager as a decision-maker is emphasized, highlighting the need for managerial input and judgment.

**About the Authors:**
– **Stephen A. Ross:** Known for his extensive work in finance and economics, Professor Ross made significant contributions to the discipline through his research in various areas. He was a respected figure in the academic and financial world.
– **Bradford D. Jordan:** An accomplished scholar, Professor Jordan has published numerous articles on finance-related topics and co-authored leading investment texts. His expertise lies in areas such as cost of capital and capital structure.
– **Randolph W. Westerfield:** With a background in corporate financial policy and investment management, Professor Westerfield has a wealth of experience in academia and practical finance. His insights add depth to the book’s content.

If you are a student looking to grasp the fundamentals of corporate finance or an instructor seeking a comprehensive resource for your course, “Essentials of Corporate Finance” by Stephen Ross is a valuable addition to your library.

**FAQs**

**Q: Is the 11th edition of “Essentials of Corporate Finance” suitable for undergraduate students?**
A: Yes, the book is designed to cater to the needs of undergraduate students with diverse backgrounds, making it an ideal choice for those pursuing courses in business or corporate finance.

**Q: Does the book cover fundamental concepts in a clear and accessible manner?**
A: Yes, the book presents important concepts in a relaxed, conversational style that is easy to understand, inviting students to actively engage in the learning process.

**Q: Who are the authors of “Essentials of Corporate Finance”?**
A: The book is authored by Stephen A. Ross, Bradford D. Jordan, and Randolph W. Westerfield, who are experts in the field of finance and economics.

**Conclusion**

In conclusion, “Essentials of Corporate Finance” is a comprehensive resource that provides a solid foundation in corporate finance for undergraduate students. With its emphasis on intuition, unified valuation method, and managerial focus, the book offers valuable insights into key financial concepts. Whether you are a student or an instructor, this book is a valuable tool for enhancing your knowledge in the field of corporate finance.