Managerial Finance

This book equips managers with essential knowledge of business finance across various management levels, including practical applications and real-world examples.

In Managerial Finance, the author delves into essential topics that are crucial for managers to grasp regarding business finance. The book is structured around the three principal levels of management: supervisory or first-line management, middle management, and senior management. Each level is addressed in a way that aligns with recognized qualifications, such as NVQ levels 3, 4, and 5, making the content accessible to a wide range of managers.

The text provides a clear and engaging explanation of key subjects, including resource management, investment strategies, and effective decision-making processes. Additionally, it emphasizes the practical application of financial ratios and performance indicators, ensuring that readers can relate theoretical concepts to real-world scenarios. Throughout Managerial Finance, real examples and case studies are utilized to reinforce learning, making the material relevant and applicable to everyday managerial challenges.

This book is particularly beneficial for those pursuing management qualifications, including the IM and Edexcel-accredited programs. By adhering to the Management Charter Initiative's Occupational Standards, Managerial Finance serves as a valuable resource for managers at all levels, enhancing their understanding and capabilities in financial management. Alan Parkinson, the author, brings his extensive experience as a senior lecturer and former director of the Open University MBA Programme, adding credibility and depth to the content.