Stephan A. Ross, Randolph W.Westerfield, Jeffrey F. Jaffe and Bradford D. Jordan (known as the Ross, Westerfield, Jaffe and Jordan team) have been writing corporate text books for over two decades. Ross, Westerfield, Jaffe and Jordan combined together have more than a century of experience teaching the fundamental principles of corporate finance! They have together written many corporate finance text books with multiple editions for graduate and undergraduate business programs. GraduateTutor.com provides finance tutoring for all of these text books including the most famous ones which are Corporate Finance (core), Fundamentals of Corporate Finance and Essentials of Corporate Finance. Our finance team loves these text books for multiple reasons.

 

First – for its focus on valuation as a central aspect of the finance
Essentials of Corporate Finance Ross Westerfield Jaffefunction. This is driven by their belief that a finance professional’s primary function and management itself should be focused on increasing the value of a business. A central theme in the Ross, Westerfield, Jaffe and Jordan team’s finance text books is the emphasis on valuation and the net present value as the driver of value (valuation in finance theory). How the various finance concepts discussed throughout the text book impact valuation is covered in detail.

 

Second, the Ross, Westerfield, Jaffe and Jordan team’s finance text books clearly emphasize that finance theory and practice are meant to assist in decision making from a finance or valuation perspective. At various points they highlight the different finance theories, tools and techniques for decision making as well as these tools’ advantages and limitations. Often, when there are different schools of thought, this finance team highlights the opposing views too.

 

Third, the Ross, Westerfield, Jaffe and Jordan team’s finance text books only cover the most important concepts in finance for an introductory and intermediate finance student. They leave advanced finance topics to be dealt with by other finance authors/text books.

 

Fourth, Ross, Westerfield, Jaffe and Jordan acknowledge that today’s finance courses are often limited to 6 or 3 months only and sometimes only over a weekend. Students also have limited interaction with finance faculty in both synchronous and asynchronous online finance programs. Therefore, Ross, Westerfield, Jaffe and Jordan’s corporate finance text books emphasize readability and self-study.

 

Finally, the Ross, Westerfield, Jaffe and Jordan team’s finance text books have numerous real life examples to illustrate the corporate Corporate Finance Ross Westerfield Jaffefinance theory, techniques and tools. This helps students not only understand finance theory but also provides them some insight into the role of a finance professional in the corporate world. Amazon.com’s review of one of their text books emphasizes our views too.

 

“Corporate Finance, by Ross, Westerfield, and Jaffe is a popular textbook that emphasizes the modern fundamentals of the theory of finance, while providing contemporary examples to make the theory come to life. The authors aim to present corporate finance as the working of a small number of integrated and powerful intuitions, rather than a collection of unrelated topics. They develop the central concepts of modern finance: arbitrage, net present value, efficient markets, agency theory, options, and the trade-off between risk and return, and use them to explain corporate finance with a balance of theory and application. The well-respected author team is known for their clear, accessible presentation of material that makes this text an excellent teaching tool.”

 

Common Topics Covered by Ross, Westerfield, Jaffe and Jordan’s Finance Text Books

 

 

Overview

  • Introduction to Corporate Finance, Corporations, Financial markets
  • Financial Statements (Income Statement, Balance Sheet and Cash Flow Statement)
  • Financial Statements Analysis and Financial Models

 

Valuation And Capital BudgetingFundamentals of Corporate Finance Ross Westerfield Jordan

  • Discounted Cash Flow Valuation
  • Interest Rates and Bond Valuation
  • Stock Valuation
  • Net Present Value and Other Investment Rules
  • Making Capital Investment Decisions
  • Risk Analysis, Real Options, and Capital Budgeting
  • Interest Rates and Bond Valuation
  • Stock Valuation

 

Risk

  • Risk and Return: Lessons from Market History
  • Return and Risk: The Capital Asset Pricing Model
  • An Alternative View of Risk and Return: The Arbitrage Pricing Theory
  • Risk, Cost of Capital, and Capital Budgeting

 

Capital Structure And Dividend Policy

  • Efficient Capital Markets and Behavioral Challenges
  • Long-Term Financing: An Introduction
  • Capital Structure: Basic Concepts
  • Capital Structure: Limits to the Use of Debt
  • Valuation and Capital Budgeting for the Levered Firm
  • Dividends and Other Payouts

 

Long Term Financing

  • Issuing Securities to the Public
  • Leasing

 

Options, Futures, And Corporate Finance

  • Options and Corporate Finance
  • Options and Corporate Finance: Extensions and Applications
  • Warrants and Convertibles
  • Derivatives and Hedging Risk

 

Short Term Finance

  • Short-Term Finance and Planning
  • Cash Management
  • Credit and Inventory Management

 

Other Finance Topics

  • Mergers, Acquisitions, and Divestitures
  • Financial Distress
  • International Corporate Finance

 

Brief Backgrounds of the Authors Ross, Westerfield, Jaffe and Jordan

 

Stephen Ross

Stephen Ross is the Franco Modigliani Professor of Finance and Economics at the Sloan School of Management, MIT. Professor Ross’s key contribution to finance is his contribution to the Arbitrage Pricing Theory. He has also substantial contributions in signaling, Stephen A. Ross finance profagency theory, option pricing, and the theory of the term structure of interest rates, among other topics. He is currently extending the term structure concepts to other areas of finance. Since 2005, Stephen Ross has been involved in developing complex valuation models for options, compensation packages, etc. through Compensation Valuation, Inc. in partnership with Andrew Jeffery, Richard Roll and Rick Antle.

 

Professor Ross has been widely published in many finance and business journals in addition to publishing an array of corporate finance text books. A past president of the American Finance Association, he currently serves as an associate editor of several academic and practitioner journals. He is a trustee of CalTech, a director of the College Retirement Equity Fund (CREF), and Freddie Mac. He is also the co-chairman of Roll and Ross Asset Management Corporation. Professor Ross also taught at Yale and Wharton.

 

 

Randoloph Westerfield

Randoloph Westerfield is Dean of the Marshall School of Business at University of Southern California and holder of the Robert R. Randoloph Westerfield Finance TutorDockson Dean’s Chair of Business Administration. From 1988 to 1993, Professor Westerfield served as the chairman of the School’s finance and business economics department and the Charles B. Thornton Professor of Finance. He came to USC from the Wharton School, University of Pennsylvania, where he was the chairman of the finance department and member of the finance faculty for 20 years. His areas of expertise include corporate financial policy, investment management and analysis, mergers and acquisitions, and stock market price behavior. Professor Westerfield has served as a member of the Continental Bank trust committee, supervising all activities of the trust department. He has been consultant to a number of corporations, including AT&T, Mobil Oil and Pacific Enterprises, as well as to the United Nations, the U.S. Department of Justice and Labor, and the State of California.

 

Bradford D. Jordan

Bradford D. Jordan is Professor of Finance and holder of the Richard W. and Janis H. Furst Endowed Chair in Finance in the Gatton Branford D Jordan Finance ProfessorCollege of Business and Economics at the University of Kentucky. He received a BSBA and PhD in Finance from the University of Florida. He joined the Gatton College in 1997 after serving on the faculties of the University of Georgia and the University of Missouri. Dr. Jordan specializes in corporate finance and financial asset valuation. He has published numerous articles in leading finance journals and has received a variety of research awards.

 

Jeffrey Jaffe

Jeffrey Jaffe has been at Wharton since he finished his PhD in 1973! This means he has been at the same institution for 40 years (as of 2013). Jeffrey Jaffe has been a frequent contributor to finance and economic literature in such journals as the Quarterly Economic Jeffrey Jaffe Corporte Finance TutorJournal, The Journal of Finance, The Journal of Financial and Quantitative Analysis. The Journal of Financial Economics, and The Financial Analysts Journal. His best-known work concerns insider trading, where he showed both that corporate insiders earn abnormal profits from their trades and that regulation has little effect on these profits. He has also made contributions concerning initial public offerings, regulation of utilities, the behavior of market makers, the fluctuation of gold prices, the theoretical effect of inflation on the interest rate, the empirical effect of inflation on capital asset prices, the relationship between small-capitalization stocks and the January effect, and the capital structure decision.

 

Email care@graduatetutor.com or call us or simply fill out the sign up form below to start live one-on-one finance tutoring using any of the Ross, Westerfield, Jaffe and Jordan team’s finance text books including the most famous ones which are Corporate Finance (core), Fundamentals of Corporate Finance and Essentials of Corporate Finance.