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The text, designed keeping in view the first MBA course on finance, incorporates a concept building approach to learning. Chapter sections are kept short to promote a step-by-step, building block approach to learning. Each section is followed by a series of short concept questions that highlight the key ideas just presented, before moving on to new material. There are three basic themes that are the central focus of the books: (a) An emphasis on intuition-ideas are first discussed in general terms and then by way of examples that illustrate in more concrete terms how a financial manager might proceed in a given situation; (b) A unified valuation approach--net present value (NP) is treated as the basic concept underlying corporate finance; (c) A managerial focus--the authors emphasize the role of the financial manager as decision maker, and they stress the need for managerial input and judgment. Abundant end-of-chapter resources would help the students in applying the concepts learnt in the chapter. These include Summary and Conclusions, Chapter Review and Self-Test Problems with answers, Concepts Review and Critical Thinking Questions, Questions and Problems (segregated into 3 learning levels: basic, intermediate and challenge), web exercise, S&P problems, and Spreadsheet Template problems.