Finance for Beginners

This book takes readers through the world of finance from a lay person’s perspective. It presents, clarifies, and illustrates the fundamental concepts of financial proficiency to all who don’t have prior knowledge of expertise in financial matters. The author further outlines the financial operations of business firms and individuals in a clear and accessible manner.The book:Discusses the fundamentals of finance and accounting;Provides an understanding of financial statements for managerial decision-making;Includes financial analysis for resource allocation and shareholders’ wealth maximization;Discusses management of finances and investments in day-to-day lives.Presenting current global trends and real-world cases in finance and richly illustrated with tables and figures, this volume will be indispensable for individuals, business managers, and management students pursuing courses related to financial accounting. It will also be an important resource for executive and management development programmes (EDPs & MDPs) as well professionals interested in a short refresher course on finance.

Sandeep Goel is a Senior Professor of Accounting and Finance, and Corporate Governance at Management Development Institute (MDI) Gurgaon, India. He holds two doctorates, one in Finance; and another in Accounting from the Faculty of Management Studies, University of Delhi. He completed his bachelor’s with Hons. and master’s degrees in Commerce with specialisation in Finance from Shri Ram College of Commerce, and the Department of Commerce, Delhi School of Economics, University of Delhi, respectively. He has three decades of industry and academic experience across various organisations and institutions of repute, including the Shri Ram Group, the University of Delhi and MDI Gurgaon. He sits as an Independent Director on the Board of Machino Plastics Ltd., Gurugram, a Suzuki JV. He is a Visiting Professor to the Faculty of Management, University of Lodz, Poland and Aix-Marseille Graduate School of Management – IAE AIX-Marseille University, France. He is a Management Trainer and Consultant to Organisations like Maruti Suzuki, Canara Bank, JK Tyre, PFRDA, NPCI, IRS, ITS, FIA Business School (Brazil), Bata, Encore, Federal-Mogul Goetze (India) Ltd., SOS Village International, Cairns India, National Banking Institute (Nepal), Druk Holdings (Bhutan), UltraTech Cements, ONGC, and many more. He is a prolific writer and has authored more than 15 books, and published over 100 research articles and cases in national and international journals of repute. He has been conferred with Award for Excellence in Teaching, 2023-24, 2015–16 and Award for Excellence in Research, 2015–16 at MDI.