Saunders and Cornett's Financial Institutions Management: A Risk Management Approach provides an innovative approach that focuses on managing return and risk in modern financial institutions. The central theme is that the risks faced by financial institutions managers and the methods and markets through which these risks are managed are becoming increasingly similar whether an institution is chartered as a commercial bank, a savings bank, an investment bank, or an insurance company. Although the traditional nature of each sector's product activity is analyzed, a greater emphasis is placed on new areas of activities such as asset securitization, off-balance-sheet banking, and international banking.

M:Finance was developedfor the undergraduate corporate finance course and designed with today'sstudent in mind. With years of teaching experience as well market development,the author team developed a text to reflect that this critical course covers somany crucial topics and that instructors need to focus on core ideas to ensurethat students are getting the preparation they need for future classes-and fortheir lives beyond college. The framework for M: Financeemphasizes three themes: (1) Finance is about connecting core concepts, (2)Finance can be taught using a personal perspective, and (3) Finance focuses onsolving problems and decision making. The text features concise chapters that leadstudents to crucial material by emphasizing core concepts, key research, andcurrent topics. Personal examples in the text explain the concepts' relevanceto students' lives, increasing their motivation to learn more. Because financefocuses on problem-solving and decision making, this text includes numerousexercises that target various learning styles.

Accessible, thoroughly up to date, and pedagogically rich, Saunders and Cornetts Financial Markets and Institutions 2/e fits perfectly into the newest segment of the markets and institutions course area. Beginning with ten chapters on markets, the student is able to create a solid microeconomics focus while still building on the risk management/risk measurement framework. International coverage has been provided throughout the text and exceptional illustrations and examples make even the most difficult concepts, like derivatives, easy to learn.