Active Learning

Mastering the Fundamentals of Finance

Building Skills and Intuition (First Edition)
Larry Gorman, Ph.D.
©2021, 916 pages

Cognella Direct Ebook: $119.95

Learn about all formats available for adoption

Bookstore Managers: contact orders@cognella.com to place an order

Customize Mastering the Fundamentals of Finance

* Required Fields

Your Customization
cover--184337666580591-1K-NI-URT
Mastering the Fundamentals of Finance

In stock

$119.95

Summary
    Cognella Active Learning is available with this title

    Cognella Active Learning
    is available with this title.
    Learn More

    Mastering the Fundamentals of Finance: Building Skills and Intuition presents students with a uniquely structured approach to learning finance. Casting aside the traditional approach of providing a broad overview with valuation playing a distant secondary role, the text reverses the emphasis so that growth-focused valuation skills and the explicit development of intuition are emphasized.

    The text features a unique modular design with twelve chapters supported by over thirty optional appendices. This unique structure allows students and instructors the flexibility to adjust their level of exposure to various topics, making the text appropriate for use at a wide range of universities.

    In Part I, students develop critical valuation skills with an emphasis on cash flow growth and the impact of inflation. Part II explores how cash flows are estimated for the three most popular investments categories: assets, debt, and equity. Part III discusses how to estimate risk-adjusted discount rates for the pricing of assets, debt, and equity. Logically sequenced end-of-chapter problems, insightful follow-up commentaries, color-coded multi-line mathematics, and high-quality cash flow timelines support learning and mastery.

    Field tested for over seven years prior to publication, Mastering the Fundamentals of Finance is highly effective and suitable for any introductory finance course.

    Publisher Direct Versions — Available through the Cognella Student Store for confirmed adoptions
    $119.95
    Best Value!
    Publisher Direct Ebook Publisher Direct ebooks are available in your Cognella account immediately after purchase and provide access for 180 days. Our ebooks run on RedShelf and VitalSource.
    $158.95
    Ships Free!
    Publisher Direct Paperback These special, discounted paperback editions are sold exclusively through the Cognella Student Store (store.cognella.com) for confirmed adoptions. They are not available through other retailers. The books are printed on demand, do not have an ISBN, and are not intended for resale, which results in savings we pass along to students. Most Publisher Direct Paperbacks also come with free, immediate access to the first 30% of the ebook and FREE shipping.
    $44.95 Standalone Cognella Active Learning Cognella Active Learning provides dynamic online content within a custom digital learning environment. Free with purchase of textbook or ebook.
    Bookstore Pricing (MSRP) — These suggested retail prices include a total projected mark-up of 25%
    $149.95 Ebook
    978-1-7935-0010-6
    Ebooks are available for individual purchase (180-day access) through either RedShelf or VitalSource. Bookstores and these vendors share in the total projected mark-up.
    Other Formats
    Talk to a rep for details
    Other formats (spiral bind, perforated, etc.) may be available. Contact us for course adoptions; specialty formats are not available for individual purchase.
    $44.95 Standalone Cognella Active Learning
    Talk to a rep for ISBN details
    Cognella Active Learning provides dynamic online content within a custom digital learning environment. Does not include the ebook. Contact us for course adoptions; not available for individual purchase.
    The Revised First Edition will be published Fall 2022.

    Larry Gorman is a professor of finance in the Orfalea College of Business at Cal Poly. He holds a Ph.D. in finance from the Kellogg School at Northwestern University, an M.B.A. from Western Washington University, and a B.S. in mechanical engineering from Washington State University. Professor Gorman served for eight years as the exclusive finance trainer for Apple worldwide. He has taught finance to graduate students and global executives in Bangkok, Beijing, Cape Town, Paris, Singapore, and Sydney. He has published sixteen academic papers in finance and biology and has been voted by students as the most outstanding finance professor for thirteen consecutive years at Cal Poly.
    The online-based Active Learning content for Mastering the Fundamentals of Finance provides a rich environment for students to initially practice, and then demonstrate, their problem-solving skills.

    The problems for each chapter are organized into a series of four buckets, each serving a different purpose in the student’s skill development.

    The first set of questions in each chapter are fundamentally focused, single-step problems in a bucket known as the “Sandbox,” where students hone their problem-solving skills through repetition. Intended as an ungraded resource, students have an unlimited number of attempts at the Sandbox problems, which are asked each time with a fresh set of numbers. With repeated practice and feedback, students gain confidence in their problem-solving abilities before moving on to Buckets 1, 2 and 3, which are intended for grading.

    • Bucket 1 parallels the fundamental building-block style of the Sandbox. Like the Sandbox, the questions are generated from random variables, allowing each attempt to have unique inputs.
    • Bucket 2 includes more complex single-step problems, along with the introduction of multi-step problems.
    • Bucket 3 tests the student’s mastery of the content through more challenging, multi-step problems.
    • The Sandbox builds skills and confidence. Following that, Buckets 1, 2 and 3 provide an effective assessment of each student's ability to solve real-world problems.

      To see a full demo, please email us and one of our adoption specialists will follow up with you.
    "Gorman covers finance foundations in a unique and novel fashion."
    Michael B. McDonald IV, Ph.D., Finance Professor and Corporate Consultant, Fairfield University

    "Larry Gorman's Mastering the Fundamentals of Finance: Building Skills and Intuition has made me rethink how I should teach the fundamentals of finance."
    Ronald L. Moy, Associate Professor of Economics and Finance, The Peter J. Tobin College of Business, St. John's University

    "The author provides a methodical approach to time-value-of-money concepts that is all-encompassing."
    Bruce J. Toews, Associate Dean and Professor of Accounting and Finance, Walla Walla University

    "The text provides a refreshing computational approach to learn corporate finance, which sets it apart from other texts in the market."
    K. Matthew Wong, Professor of Economics and Finance, The Peter J. Tobin College of Business, St. John's University

    "The detail with which solutions to problems are presented is impressive. You can tell the writer has seen where students tend to struggle with understanding finance and has put a great deal of thought into how to resolve these misunderstandings within the book. I do indeed believe that most students, if they take the time to actively read the book and solve the problems while reading through, should be able to understand the material presented."
    Michael Schafer, Associate Professor of Business, Providence College
    Mastering the Fundamentals of Finance: Features of the Book


    Mastering the Fundamentals of Finance: Features of the Active Learning/Online LMS