Foundations of Financial Management

This book appeals to Instructor who prefers a strong review of accounting and early coverage of working capital (or short-term) management before covering Time Value of Money. Instructors in this area also take a problem solving approach to the course with less emphasis on theory. Foundations of Financial Management is committed to making finance accessible to students. This text is designed to build on students' knowledge from basic courses in accounting and economics, with some statistics thrown in for good measure. By applying tools learned in these courses, students can develop a conceptual and analytical understanding of financial management.

Geoffrey A. Hirt is currently Professor of Finance at DePaul University and Director of Equity Research at Mesirow Financial. He received his PhD in Finance from the University of Illinois at Champaign-Urbana, his MBA from Miami University of Ohio and his BA from Ohio-Wesleyan University. Geoff has directed the Chartered Financial Analysts Study program for the Investment Analysts Society of Chicago since 1987. From 1987 to 1997 he was Chairman of the Finance Department at DePaul University and taught investments, corporate finance, and strategic planning. He developed and was director of DePaul's MBA program in Hong Kong and has taught in Poland, Germany, Thailand, and Hong Kong. Geoff has published several books. The sixth edition of Fundamentals of Investment Management was released in July 1998 and is published by Irwin/McGraw-Hill. Additionally, Geoff is well known for his book Fundamentals of Financial Management published by Irwin/McGraw-Hill. Now in its eighth edition, this book is used at over 600 colleges and universities worldwide, and it has been translated into Chinese, Japanese, and Spanish. Geoff plays tennis and golf, is a music lover, and enjoys travelling with his wife, Linda.

J. Douglas Short instructs in finance, investments, and accounting theory at the Northern Alberta Institute of Technology (NAIT). He has also instructed a variety of finance courses at the undergraduate and graduate level for the University of Alberta, the University of Lethbridge, and Grant MacEwan College. Doug has also lectured, reviewed exams and developed course materials for the CGA Association of Canada. Doug Short received his MBA from the University of Alberta in 1980. During the winter months, which are lengthy in Northern Alberta, Doug enjoys cross-country skiing, the theatre, and the symphony. During the summer he enjoys a round of golf and hiking in the mountains. In 2001, Doug coached a juvenile boys basketball team to a second place finish in Alberta’s provincial championship and he is currently the President of NASA (NAIT Academic Staff Association).