2nd Edition - Finance for Executives: a Practical Guide for Managers, by Nuno Fernandes - New Book Announcement


Finance for Executives: A Practical Guide for Managers, 2nd Edition, by Nuno Fernandes

▪ Executive training programs for financial audiences, where the focus of the program is on the links between finance and strategy
▪ MBA (or Executive MBA) courses in Finance with somewhat experienced audiences (who value practical insights)
▪ Finance programs for non-financial managers

▪ Supplementary materials for instructors are available online. These include syllabi of different programs (with lengths ranging from two days to a full semester), updated data in Excel and PowerPoint, individual class details and materials (cases and teaching notes, presentations, additional readings, Excel models).
▪ Importantly, adopting instructors will receive updated PowerPoint slides with recent market data, including interest rates, corporate bond spreads, CDS, betas, leverage ratios of different companies around the world, stock market returns, PERs of countries and companies, payout ratios, etc.
▪ To see more information about the book, please visit the book’s website: www.FinanceforExecutives.net

▪ All areas of corporate financial management in approximately 300 pages. It covers corporate finance concepts from value creation to derivatives, including cost of capital, valuation, financing policies, M&As, investment project selection, and many other essential finance topics
▪ Each chapter is self-contained and links theory, empirical data, research evidence, and real-world examples, in a coherent and applied fashion
▪ Provides intuitive and practical content for all kinds of executives, not necessarily for those working in finance (but of course it is still recommended to finance professionals who want to have a broader view of Finance and its links to strategy)
▪ Each chapter contains empirical evidence, based on real company mini-cases, of the value of financial techniques/tools for decision-making
▪ Includes customizable Excel financial modelling tools

▪ “The book helps develop strategy with disciplined financial thinking and that can only be in the best interest of shareholder value. Professor Fernandes has worked with Shell for many years, fostering our finance leadership-capability. He blends a rigorous academic approach with sound and pragmatic case studies, and ask questions of CFOs that may otherwise go overlooked.” - Simon Henry, Non-Executive Director of Lloyds, Rio Tinto and PetroChina. Former Chief Financial Officer Royal Dutch Shell, UK/Netherlands
▪ “The true art of teaching is to explain even the most complex subject in a simple, comprehensible, and engaging way. Professor Nuno Fernandes has succeeded in doing exactly this” - Severin Schwan, CEO of Roche Group, Switzerland
▪ “Professor Nuno Fernandes was able to compile in a decision-supporting way, academically very sound ways to model financial thinking and answers for global executives. Finance for Executives entices its readers to more thoroughly reflect on important financial trade-offs and decision criteria as one develops successful businesses. Worthwhile!'” - Thilo Mannhardt, CEO of Ultrapar SA, Brazil
▪ “Finance can be hard for the uninitiated. Professor Nuno Fernandes' book conveys finance's key insights in a fun, practical and concise manner, without sacrificing academic rigor. The newest academic insights and empirical findings are seamlessly weaved into in an essential practical finance guide for any (aspiring) executive.” - Geert Bekaert, Professor of Finance, Columbia Business School, USA
▪ “An excellent teach-yourself finance primer for non-finance executives, and, I dare say, even for most finance executives. This is a must-read for all executives, regardless of job description.” - Ravi Kant, Vice Chairman of Tata Motors, India
▪ “This book captures the core knowledge about corporate finance business executives need to know in today's world. The book is gracefully written, well organized, and in every topic it combines clear explanations, with thorough analysis and relevant evidence. A "must have" in your list of favorites.” - José Manuel Campa, Professor of Finance, IESE Business School, Spain
▪ “Professor Nuno Fernandes' work is the reference book for the desk of ANY manager, as it gives them, in simple yet comprehensive form, the practical explanation behind all the concepts of modern-day finance. I have partnered with Professor Fernandes for many years at IMD, addressing managers of my own company or his MBA students, and I have always appreciated his pragmatic approach to finance management. He undoubtedly has the right profile to put such a reference book together.” - Michel Demaré, Chairman of the Board of Syngenta, former CFO, ABB, Switzerland

Nuno Fernandes is Full Professor of Finance, and holds the Fundação Amélia de Mello Chair at CATÓLICA-LISBON. He is also a research associate of the European Corporate Governance Institute (ECGI), Visiting Professor of Finance at IMD, and the President of the Board of Auditors of the Portuguese Central Bank (Banco de Portugal).
Professor Fernandes has a PhD in Management (Finance) from IESE Business School in Spain. Before becoming Dean of CATÓLICA-LISBON, he was, for a decade, Professor of Finance at IMD, in Lausanne, Switzerland. At IMD, Professor Fernandes directed the Strategic Finance program, among other customized programs for leading international companies.
Professor Fernandes is a specialist in corporate finance, international financial markets, and emerging market risks. He has published in the leading international academic journals, including the Journal of Financial Economics, Review of Financial Studies, Journal of International Business Studies, Journal of Financial Intermediation, and the Journal of Portfolio Management. He speaks at business conferences in Asia, Europe, and North America, and is a regular contributor to the business press worldwide, including The Financial Times and The Wall Street Journal.

▪ Chapter 1. The Main Accounting Metrics and Ratios
▪ Chapter 2. What Is the Cost of Capital for My Company?
▪ Chapter 3. A Managerial Framework for Value Creation
▪ Chapter 4. Selecting the Right Investment Projects — Capital Budgeting Tools
▪ Chapter 5. Deciding between Different Sources of Capital — The Capital Structure Decision
▪ Chapter 6. Borrowing from Banks and Capital Markets
▪ Chapter 7. Raising Equity — IPOs and SEOs
▪ Chapter 8. Returning Money to Shareholders — Dividends, Buybacks and the Payout Policy
▪ Chapter 9. Key Principles for Company Valuation
▪ Chapter 10. Value Creation through Mergers and Acquisitions
▪ Chapter 11. Derivatives and Risk Management
▪ Chapter 12. Management of Corporate Risks with Futures, Forwards, and Swaps
▪ Chapter 13. Management of Corporate Risks with Options

To see more information about the book, please visit the book’s website: