Top 6 Best Financial Management Books

financial management

Top Best Financial Management Books – Finance has so many explanations and methods of explanations. Get on the next level of financial management by mastering the same with the help of experts. You will defiantly not believe the miracle of words unless you experience the same. The authors of these books are not simply experts in their fields they are also very good with their words.

And we have made sure we shortlist some of these top financial management books for you to help you understand and master the art of financial management. Take a quick look at the notes below to help you by yourself by a helpful book.

#1 – Financial Management:

Theory & Practice (with Thomson ONE – Business School Edition 1-Year Printed Access Card) (Finance Titles in the Brigham Family) 14th Edition


The author is a graduate research professor and has been teaching the subject since 1971. This book has been published in the year 2013. This book has defiantly been written by an expert and with amazing content. This book is a complete explanation for graduate and undergraduate students as the author does not assume that the readers know the base of finance and hence has given amazing explanation making the subject easy for the readers. This book includes good live examples, calculations and answers for students to take a self test.

Book Name & Author

Financial Management: Theory & Practice (with Thomson ONE – Business School Edition 1-Year Printed Access Card) (Finance Titles in the Brigham Family) 14th Edition —by— by Eugene F. Brigham and Michael C. Ehrhardt.

Book Review 

This best book on financial management is a perfect example as it strikes a balance between theory and practical knowledge of finance. The author makes sure that he gives a clear understanding of important concepts that need to be developed an understood to be implemented in the field of finance. Actually the book starts with the presentation of the fundamentals of corporate finance before moving on to the discussions of certain techniques. It also explores and explains the latest economic and financial crises along with the part finance plays in every industry and the world of business.

Best Takeaway from this best financial management book

This financila management book contains a number of presentations that are very relevant and engaging with a number of examples along with the importance of using Excel at job and in finance. The author has made sure he gives you a book that is a full reference tool for you to help you in your career and your academics.

Get this book >>

 

#2 – The Basics of Public Budgeting and Financial Management:

A Handbook for Academics and Practitioners


This top financial management book has been used by the government for government budgeting and it very well explains the aspects of budgeting process and procedure of the state government, country and city. The author has also very well explained the process of creating a budget in a step by step format. If you are a beginner in budgeting this is just the perfect book for you. It gives you a great understanding of understanding budgeting from both the prospective that is theoretically as well as practically.

Book Name & Author

The Basics of Public Budgeting and Financial Management: A Handbook for Academics and Practitioners —by— Charles E. Menifield (Author)

Book Review 

The author gives the readers applications along with exercises to explain budgetary theory along with giving the reader a practical experience. The reader is given a chance to learn different technical concepts and skills which are important to understand the subject along with practical exercise provided in each chapter with need to be applied to learn these concepts. This book covers financial concepts, public revenue, financial concepts, risk assessment, financial management, cost benefit analyses and more. The reader as a student will defiantly gain a good foundation to start working in a government or an organization budget office.

Best Takeaway from this top financial management book

The authors experience is the best takeaway of this top financial management book as he has been a senior visiting scholar at the Congressional budget office which gives him immense experience in financial management and budget creation. He gives the students a rich understanding of the subjects and its concepts.

Get this book >>

 

#3 – The Economist Guide to Financial Management (2nd Ed):

Principles and practice (Economist Books) 


To make logical decisions you need to have through understanding of the subject irrespective of a certain industry or firm. This book helps you with complete financial management understanding which will help you in making the right required decisions. Information provided in this book is full-fledged and it does not hide or cover the concepts. You can use this book if you are quite familiar to finance and this industry and only need a revision. The author of this book again is an expert as he has been involved in training and giving consultancy to firms since the last 20 years and also is an author of 4 other financial books.

Book Name & Author

The Economist Guide to Financial Management (2nd Ed): Principles and practice (Economist Books) —by— The Economist and John Tennent.

Book Review 

If you face difficulty and embracement in financial understanding like dealing with management reports, capital proposals, budgets, etc due to lack of training even besides having the ability to manage then the author is making it easy for you here in this book. Every chapter of the book covers every task a manager has to accomplish for example assembling a budget, reading variances on a report, constructing a proposal to invest in new equipments and along with that exploring the right principals that can be used in each task. This book is just the right guidance to implement these principals.

Best Takeaway from this best book on financial management

This book on financial management is very good for readers to help them understand financial jargons, statement of finance, performance measures, management accounting, coasting, budgeting, pricing, investment appraisals, along with helping in decision making etc.

Get this book >>

 

#4 – Financial Management: Theory & Practice 15th Edition


The author has served as a financial president for The Financial Management Association and has also written a number of articles and journals on cost of capital, capital structure along with other parts of finance. He has also authored and co-authored text books on managerial finance and managerial economics which have been used by more than a 1000 finance universities across the globe. He has been tested as an expert on a number of cases in both federal and state level. He has also served as a consultant to many corporations and government bodies across the globe. In short this book is again written by a financial expert.

Book Name & Author

Financial Management: Theory & Practice 15th Edition —by— Eugene F. Brigham and Michael C. Ehrhardt.

Book Review 

This book on finanicial management gives you a proper understanding of the financial concept used across the industry which can be used or put to use in different stages of financial effectiveness. Beginning with the presentation of corporate finance and not discussing the specific techniques to start with. The author then moves on to explore crises in the finance and the economic world. He has elaborated the content with a number of valuable examples along with encouraging the students to use the great Microsoft Excel to understand the concepts better. The entire book is a very good reference for your academic as well as professional growth.

Best Takeaway from this top book on financial management  

What can be better than learning from the experience and knowledge of an expert in the subject? The author has displayed his knowledge and his experience in the best possible way to make understanding financial concepts easy for you.

Get this book >>

 

#5 – When Genius Failed:

The Rise and Fall of Long-Term Capital Management


Amazingly written book as the author has brilliantly explained the very famous Wall Street trader John Meriwether who was also a partner at Salmon Brothers who was one of the most brilliant brains in the industry. The author has also written some amazing books on world class greed along with above all hubris, etc… He has explained the fund that was kept in secrecy not explain the story of its success and finally its destruction that is much more interesting to read. An amazing book as it is a must read about a success tycoon who ended up failing. This book includes the people involved in the rise and the fall of hedge funds which is a must read for every management student.

Book Name & Author

When Genius Failed: The Rise and Fall of Long-Term Capital Management —by — Roger Lowenstein.

Book Review 

The author has happened to narrate the most impressive history in the hedge funds. The story is so devastating that not just the not just the $100 billion money making company failed and suffered a terrible disaster but the biggest banks along with the stability of wall street suffered a huge hit. This book is an epic and a must read for students from the financial background as it provides sufficient background that gave rise to the scenario. This book gives a good case study to the students is also amazing for people interested in the industry and the case of hedge funds. Or in case you are a dealer in hedge funds you must read the same for your reference.

Best Takeaway from this best financial management book

The case of LTCM and its creator John Meriwether is simply the best example for people dealing in hedge funds and the stock exchange. The entire scenario and its happenings is described well in the book for students to understand better.

Get this book >>

 

#6 – The Little Book of Behavioral Investing:

How not to be your own worst enemy


The author is a co-Head of Global Strategy at Society General and has also been one of the top rated strategists for more than one decade. Which makes him quite experienced in the subject. The author is a created a great deal in the financial market and has gained immense experience. He has very smartly explained the blockages amid your rational decision making and also has given mechanisms that can help you unblock your path. The author here has given you strategies to help you take long term investment decisions with the help of lots of studies and supports he has guided the audience to take the best route and gain success. His style is straightforward and accessible. This top book on financial management is simply for readers who are interested in understanding human behavior and how it is interrelated to the financial market.

Book Name & Author

The Little Book of Behavioral Investing: How not to be your own worst enemy —by— James Montier

Book Review 

This best financial management book covers time-tested ways of knowing and avoiding the shortfalls of investor unfairness by one of the world’s best behavioral analyst. The author teaches us how to learn from our investment mistakes making sure we do not repeat it. He also teaches you to hunt for behavioral principles that allow the investors to maintain a successful investment portfolio to sure minimum risk in the investments. Unfair emotions of the investors and their overconfidence are three major factors that can lead to a financial loss for the investor on his investments. Behavioral finance the science recognizes that the investor takes his decision psychologically and study of this finance can actually help him overcome his huddles in investments and losses. This financial management book will take you on a tour of behavioral changes faces by the investors of in the market and how psychological barriers display emotions, overconfidence, other behavioral issues effects their investment decision-making power.

Best Takeaway from this top financial management book

The mechanism to unblock our paths is the best-described method to success. The entire market revolves around behavioral pattern of the investor and how to overcome the same in order to have successful investment is the motive of the author.

Get this book >>

 

Back to top ▴