In China, mainstream finance covers primarily International Finance and Money and Banking. Whereas in the western world, the study of finance focuses on three main areas, namely: Investment, Corporate Finance and Financial Institutions Management. In this book, we focus mainly on the first two areas.

Chapter 1 What is Finance and Why Study Finance

Chapter 2 The Tax Environment

Chapter 3 Financial Statements, Financial Ratios and Cash Flows

Chapter 4 Time Value of Money and Discounted Cash Flows

Chapter 5 Long-term Debt and Interest Rates

Chapter 6 Common and Preferred Stocks Valuation

Chapter 7 Techniques on Carrying out Capital Budgeting Analysis

Chapter 8 Capital Budgeting (Fixed Asset Expansion)

Chapter 9 Risk and Return Relationship

Chapter 10 A Company's Cost of Capital

Chapter 11 Financial Leverage and Capital Structure Policy

Chapter 12 Dividend and Dividend Policy

Chapter 13 Working Capital Management

Chapter 14 International Corporate Finance

Chapter 15 Derivative Securities

Chapter 16 Mergers and Acquisitions

References

Appendix 1 Present Value and Future Value Factor Tables

Appendix 2 Answers to End of Chapter Problems

Appendix 3 Glossary (English and Chinese Term Equivalents)

Appendix 4 Glossary of Abbreviated Terms