This list of the Best Financial Education Books consists of professional literature that can help you to get practical skills and experience. Some of these books are not easy to read, but almost all are well suited for self-education. The list of books covers a wide range of topics from risk & return analysis to business statistics and financial programming. Many of the books are published by the Cengage Learning and you can find other good educational books there.
Financial Management: Theory and Practice
Eugene F. Brigham and Michael C. Ehrhardt
The Financial Management is one of the best books for beginners who want to learn from practice. You can make your financial analysis of any company just following the book guidance. Starting from an overview of financial statements, it will provide you with all the tools and resources you need to improve your financial management skills to the level of analysis of futures and options. The book also contains many Excel examples that help you to learn and understand how financials work on practice. The whole book is written around real-life examples of financial analysis and management.
The Intelligent Investor:The Definitive Book on Value Investing
The Intelligent Investor is a strategical book based on the best practices of investments in marketable securities. It concentrates the reader’s attention on portfolio management, diversification, and risk defensive tactics. The book requires an understanding of the basic principles of financial management and the time value of money. The Intelligent Investor adds knowledge and confidence for the step to a systematic investment. The book was published in 1949 and proved its value many times. The Intelligent Investor is still relevant and must be read.
Statistics for Business and Economics
David Anderson, Dennis J. Sweeney, Thomas Williams, Jeffrey D. Camm, James J. Cochran, James Freeman, Eddie Shoesmith
The Statistics for Business and Economics is the best choice if you want to know how to make a financial forecast based on data, regression analysis, and prediction intervals. It contains examples of modeling business processes and analytics. This book leads the reader through concepts of variables and Gaussian distribution theory to statistical quality control. This book will help you master an objective and scientifically sound approach to data analysis.
Financial Analysis with Microsoft Excel 2016
Timothy R. Mayes, Todd M. Shank
Excel skills in finance are always in demand and provide the ability to analyze data quickly and accurately. The Financial Analysis with Microsoft Excel 2016 is one of those books that are well suited for self-studding. It contains many examples and explanations of how to create and analyze financial statements using Excel. The book starts with basic principles of how the program works, and step by step leads the reader to complex topics of data analysis and transformation like Power Query. This book is a good opportunity to get a professional financial analyst experience without leaving home.
C++ for Financial Mathematics
This book is a technical literature about developing financial software for marketable securities analysis. For those who interested to use programming skills in financial technologies John Armstrong’s C++ for Financial Mathematics will help to get an idea of how analytics can be implemented using C++ language. This book covers financial topics such as Monte Carlo simulation, Black-Scholes pricing model, Delta Hedging, and Portfolio pricing. The book describes financial concepts from a software engineer point of view.