Best Financial Textbook for your Students

A decent finance textbook is an excellent tool, whether you're a college student searching for materials to help you pass your financial exams or a professor looking for teaching material. Books that teach the art of finance are a fantastic way to study the fundamentals of finance for a fraction of the cost of, say, a dedicated Finance course.

The finance discipline comprises three major subcategories: personal finance, public (government) finance, and corporate finance. Many authors have written books that touch on these subcategories generally or in detail.

The only issue is that there are many Finance books on the market, and there will be many more in the future. For example, a search on Amazon for “Finance Books” returns over 60,000 results, so how do you decide what to read?

Let's look at the finest Finance textbooks you can utilize to enhance your learning while keeping your financial objectives in mind.

The overall best financial textbook for all students.

Ross, Westerfield, and Jordan's "Fundamentals of Corporate Finance" is intended to communicate the essential principles and concepts of corporate finance at a standard accessible to a broad audience. The authors maintain their innovative approach to finance and condensed the subject into 18 chapters covering the most important topics. They think that, particularly in an introductory course, knowing the "why" is just as essential, if not more important, than learning the "how."

Their primary emphasis emerges as three main themes: (1) a focus on intuition - before diving into details, (2) isolate and (3) explain the concepts at work on a rational, intuitive level. A cohesive valuation approach - Net Present Value - is regarded as the fundamental concept underlying corporate finance.  Every topic covered by the writers is strongly anchored in valuation, with special attention paid to explaining how choices affect value. The importance of management input and judgment is stressed, as is the financial manager's responsibility as a decision-maker. This book is suitable for students at all levels. Among the top schools using this textbook include New York University and University of Southern California.

Best for advanced students

Berk and Demarzo's "Corporate Finance" is chock-full of examples and presentations on the newest advances in corporate finance that will help students learn faster and more easily. Students will also be able to grasp financial reporting and analysis using spreadsheets. Washington University, Northwestern University, University of Chicago are some of the top institutions using this book.