Fast track route to mastering global finance and macroeconomics.

Covers the key areas of global finance, from the theory of comparative advantage to the aims of the WTO/GATT to multinational business and managing forex risk

Examples and lessons from some of the world's most successful businesses, including Ford, NTT DoCoMo and Nestle, and ideas from the smartest thinkers, including Paul Romer, Milton Friedman, J M Keynes, Paul Krugman and Alan Greenspan.

Includes a glossary of key concepts and a comprehensive resources guide

In this groundbreaking working, Jack L. King, Ph.D. provides the basis for an in-depth understanding of operational risk by focusing on its measurement and modelling. Using both theoretical and practical material, he lays out a foundation theory that can be applied and refined for application in the financial sector and beyond.
Operational Risk: Measurement and Modelling is a comprehensive source for understanding the effects of risk inherent in all operations. This book:

• Provides a set of assumptions, definitions, and methodology for quantifying operational risk
• Uses comprehensive step-by-step descriptions based on real-world examples to demonstrate the application and reinforce key ideas..
• Introduces Delta-EVTTM^TM, a new technique that allows firms to deal with losses resulting from routine errors, control breakdowns, and rare events.
• Relies on causality as the key for identifying operational risk that can be controlled and provides a basis for management action.
• Explains clearly the relation between the risk assessment, process engineering, and statistical loss models.
• Includes and explains in detail the formulas and procedures for calculating many common risk measures and building causal models using Bayesian networks.

Instant knowledge for ambitious and information-hungry business people everywhere!

Risk is as inescapable as it is ubiquitous. But how far do we really understand what risk is, and how to turn its careful management to our advantage? In business and in life we tend to make broadbrush assumptions based on common sense and intuition alone rather than make any attempt to actively manage our futures in a consistent way. Risk management has evolved to become a primary ingredient for success in every organization that is bombarded by the need to make critical decisions, often with little or no solid facts available and little insight into the likely outcome. Managing risk is not just about avoiding trouble. It can also bring significant rewards.

"Smart Risk" starts from basics. It assumes no prior knowledge and gives a step-by-step approach, along with plenty of practical application and techniques, tools and models for managing risk. You will be given everything you need to become the risk master in your organization. This includes:

• understanding what risk management is and why it matters
• recognising the complete risk landscape by understanding the categories of risk
• knowing your risk appetite; the risks you are willing to take and those you aren't
• developing a risk culture by formalising the risk management process
• learning from success and failure
• understanding that risk management is closely linked to innovation, vital for the long-term survival of the organisation

Business Valuation For Dummies is filled with expert guidance that business owners, managers at all levels, investors, and students can use when determining the value of a business. It contains a solid framework for valuation, including advice on analyzing historical performance, evaluating assets and income value, understanding a company's financial statements, estimating the cost of capital, business valuation models, and how to apply those models to different types of businesses.

Research shows the majority of small businesses fail in their early years due to poor financial management, turning the dreams of many business owners and novice entrepreneurs into nightmares. This book serves as a guide to prevent these financial disasters. In an applicable fashion, Karadag explains how financial management in an enterprise can be conducted strategically to attain significant improvement in business performance. Karadag takes the basic strategic management model of environmental scanning-planning-implementing-feedback as a framework, and approaches the core financial practices and instruments as elements of strategic financial management, which any small or medium sized enterprise can use as tools for sustainable organizational performance and growth. With its unique strategic outlook, this text is a vital reference for nonfinancier small or medium sized enterprise owners and individuals who aim to successfully establish and run their own businesses.

Venture Capital funds are the fastest growing sector of the financial industry, and possibly the least understood. In this book, the author provides a primer on what some of the world's best venture capitalists have in common. How do the world's top venture capitalists consistently obtain supernormal returns? How do they add value to entrepreneurs they have backed? Why is a top venture capitalist like a skilled chef? How did Lip Bu Tan, when he was Chairman of Walden, manage to invest in Creative Technology, despite the CEO's aversion for VCs?How did Nam Ho, Founder and Managing Partner of Altos Venture, turn an introduction by a Stanford Business School professor into a venture capital firm managing a quarter billion dollars of capital?How does Bing Gordon, Partner at Kleiner Perkins Caufield & Byers and author of the business plan that resulted in KPCB's investment in Electronic Arts, time exits properly?Why did Soo Boon Koh, Managing Director of IGlobe Ventures, back a GPS company which was filing for Chapter 11, in the post 9-11 market?

The "Way of the VC: Having Top Venture Capitalists on Your Board" is essential reading for venture capital practitioners, including partners, principals, analysts, consultants and limited partners--both institutional and private. It is also useful to students of finance who want a better understanding of what goes on in the venture capital world.

Each financial crisis calls for - by its novelty and the mechanisms it shares with preceding crises - appropriate means to analyze financial risks. In Extreme Financial Risks and Asset Allocation, the authors present in an accessible and timely manner the concepts, methods, and techniques that are essential for an understanding of these risks in an environment where asset prices are subject to sudden, rough, and unpredictable changes. These phenomena, mathematically known as "jumps", play an important role in practice. Their quantitative treatment is generally tricky and is sparsely tackled in similar books. One of the main appeals of this book lies in its approachable and concise presentation of the ad hoc mathematical tools without sacrificing the necessary rigor and precision.This book contains theories and methods which are usually found in highly technical mathematics books or in scattered, often very recent, research articles. It is a remarkable pedagogical work that makes these difficult results accessible to a large readership. Researchers, Masters and PhD students, and financial engineers alike will find this book highly useful.

A simple and effective guide to the mechanics of finance and corporate structure

Corporate structure and finance has become complicated in today's times and even more so by the current market turbulence. "Essentials of Corporate and Capital Formation" enables you to decide on the appropriate structure by which to form a business, identifies capital raising alternatives, and supplies sample documents to comply with applicable state and federal securities laws.Explains ways to form a business and finance itReveals how to avoid securities laws pitfallsPractical terms and examples of the necessary mechanics of finance and corporate structureHelps analyze the decision to "go public" and provides pointers on operating a public company

With coverage of private equity, public markets, mezzanine debt, common stock, debt vs. equity, and much more, "Essentials of Corporate and Capital Formation "shows entrepreneurs and business managers how to identify the ways to structure a business entity and raise the necessary capital in the appropriate form with a minimum of disruption and assistance from outside advisors.

Few people who are involved with the management of forests are comfortable with the accounting side of their role. This book is set out in an approachable and structured way, providing clear guidance for students and practitioners on how to proceed. The reader is lead through the subject, building up understanding in a series of steps, covering the methodology and rationale and accompanied by worked examples. Chapters cover the management process, the budgeting steps for profit, cash and capital, recording, accounts construction and appraisal, evaluation of alternative investments, information technology and tax. To avoid confusion, more complex issues are dealt with in a number of appendices.The book is intended for a global audience, since the principles discussed and examples given are universally applicable. It also includes specific appendices relating the content to the USA, Australia and New Zealand. As well as for students the book also provides essential reading for foresters, estate plantation managers and owners, surveyors, accountants and advisors.

Many of today's high-net-worth investors are turning their attention to early-stage investing in emerging companies. They know just how successful and lucrative funding a start-up venture can be. Savvy angel investors can foresee distant but potentially huge returns from pre-IPO companies. There are scores of hungry entrepreneurs in search of capital and lots of money to be invested. But, matching the right entrepreneurs with wise investors, so that both can profit, is the challenge in new enterprises.

Gerald Benjamin and Joel Margulis demonstrate that the real pitfall for potential investors is an incomplete understanding of the complexities of early-stage investing. At the same time, the angel capital market offers few mechanisms for bringing investors and entrepreneurs together, while securities regulations restrict communication between sophisticated investors and promising new businesses.

So, where do the uninitiated start, and how do they separate the wheat from the chaff? In this ground breaking work, Benjamin and Margulis offer angel investors a hands-on manual for profiting from early-stage, private equity deals. They show how to develop investment criteria and overall game plans, locate viable investment opportunities, assess and manage risks, negotiate the most favorable deal terms, conduct thorough due diligence, and plan the all-important exit strategy.

This study focuses on the role of institutions and organizations in the historical development of corporate finance. The book provides an overview of the evolution of practice in this field from the Italian merchant banks of the Renaissance through the formation of conglomerates and leveraged-buy-out partnerships in contemporary Wall Street. It also puts forth a compelling argument for the closer integration of historical and quantitative research methodologies in advancing finance theory. Additionally, the epilogue defines an original algorithm that explains the relationship between the short-term, firm-specific factors and longer-term, environmental elements that have shaped the historical development of finance.

The biggest challenge faced by both Beginning and Experienced Wealth Builders is raising the money they need to start, buy, or expand their business activities. This guidebook shows these entrepreneurs how, and where, to get the money needed for their business moneymaking enterprises. Even if the Beginning Wealth Builder (BWB for short) or Experienced Wealth Builder (EWB), has poor credit, a history of bankruptcy, slow pays, or other financial troubles, this guidebook shows him/her how to get the loan, venture capital, public (or private) money, or grant they need.
Since businesses vary widely in the amount of money needed, this book covers getting funding from just a few thousand dollars to multi-millions. Businesses covered range from the small mom-and-pop type activity to the successful firm having up to 500 employees. Either type of business can use the many hands-on directions given in this book.

Raise more money for your cause! Based on expert advice and insights from a variety of respected industry experts, Nonprofit Fundraising 101 is an essential text for nonprofit professionals, volunteers, activists, and social entrepreneurs who want to leverage best practices to promote their cause. Built upon the success of the best-selling Nonprofit Management 101, this easy to digest book provides practical, comprehensive guidance for nonprofit fundraising around the globe. With tips and tools, expert advice, and real-world insights from almost fifty industry leaders, this robust resource addresses the entire spectrum of fundraising for nonprofits, including: * Planning, hiring, and tracking progress * Individual donors, major gifts, events, and direct mail * Board and volunteer engagement * Foundation and government grants * Corporate partnerships * Online and email fundraising * Social media and mobile crowdfunding * Earned income and social enterprise Written by and for front line practitioners and geared towards a global audience of emerging and established leaders, this field guide offers step-by-step formulas for success. Nonprofit Fundraising 101 features a foreword by fundraising guru and Soul of Money author Lynne Twist, insights from notable non-profit professionals such as CNN's Van Jones, and an afterword by Kiva.org Co-Founder & President Premal Shah. This book also provides indispensible ideas and diverse case studies ranging from grassroots efforts to the ALS Ice Bucket Challenge, and advice for organizations of all sizes and focus. Chapters are brief and easily digestible, featuring extensive resources for additional learning, concrete best practices, and pitfalls to avoid. Enjoy this must-read manual to learn tried and true ways to raise more money for your cause, nonprofit, or charity.

"There is no strategic investment that has a higher return than investing in good pricing, and the text by Gallego and Topaloghu provides the best technical treatment of pricing strategy and tactics available." Preston McAfee, the J. Stanley Johnson Professor, California Institute of Technology and Chief Economist and Corp VP, Microsoft. "The book by Gallego and Topaloglu provides a fresh, up-to-date and in depth treatment of revenue management and pricing. It fills an important gap as it covers not only traditional revenue management topics also new and important topics such as revenue management under customer choice as well as pricing under competition and online learning. The book can be used for different audiences that range from advanced undergraduate students to masters and PhD students. It provides an in-depth treatment covering recent state of the art topics in an interesting and innovative way. I highly recommend it." Professor Georgia Perakis, the William F. Pounds Professor of Operations Research and Operations Management at the Sloan School of Management, Massachusetts Institute of Technology, Cambridge, Massachusetts. "This book is an important and timely addition to the pricing analytics literature by two authors who have made major contributions to the field. It covers traditional revenue management as well as assortment optimization and dynamic pricing. The comprehensive treatment of choice models in each application is particularly welcome. It is mathematically rigorous but accessible to students at the advanced undergraduate or graduate levels with a rich set of exercises at the end of each chapter. This book is highly recommended for Masters or PhD level courses on the topic and is a necessity for researchers with an interest in the field." Robert L. Phillips, Director of Pricing Research at Amazon "At last, a serious and comprehensive treatment of modern revenue management and assortment optimization integrated with choice modeling. In this book, Gallego and Topaloglu provide the underlying model derivations together with a wide range of applications and examples; all of these facets will better equip students for handling real-world problems. For mathematically inclined researchers and practitioners, it will doubtless prove to be thought-provoking and an invaluable reference." Richard Ratliff, Research Scientist at Sabre "This book, written by two of the leading researchers in the area, brings together in one place most of the recent research on revenue management and pricing analytics. New industries (ride sharing, cloud computing, restaurants) and new developments in the airline and hotel industries make this book very timely and relevant, and will serve as a critical reference for researchers." Professor Kalyan Talluri, the Munjal Chair in Global Business and Operations, Imperial College, London, UK.

This Handbook provides an excellent overview of our knowledge on the various facets of managerial venture capital research. The book opens with a thorough survey of venture capital as a research field; conceptual, theoretical and geographic aspects are explored, and its pioneers revisited. The focus then shifts to the specific environs of venture capital. Firstly, institutional (formal) venture capital is discussed. The analysis encompasses considerations such as structure, pre-investment processes, venture capitalist's value-adding, performance, impact on economic development and early-stage financing as well as management buyouts. Business angel research, networks, and their investment decision making are then discussed under the wider umbrella of informal venture capital. Finally, the corporate venture capital market is explored from both the entrepreneur's perspective and that of the supply side of corporate venture capital. Also providing a lively and stimulating debate on policy implications and possible directions for future venture capital research, this all-encompassing Handbook will prove an invaluable reference tool for those with an interest in policy, business management, innovation, entrepreneurship, and the financing of new and growth-oriented ventures.