PART 1 WEBSITES Chapter 1 describes the role of the financial manager. More information on careers and salaries in finance can be found at:
www.careers-in-finance.com
http://online.wsj.com/public/page/news-career-jobs.html
www.wageweb.com Material on corporate governance is available on:
www.corpgov.net
www.thecorporatelibrary.com Chapter 2 shows how to value future cash flows. Many websites that are concerned with personal finance provide discussions of the time value of money and calculators. Try, for example:
www.bankrate.com
www.money.cnn.com
www.quicken.com
www.smartmoney.com Chapters 3 & 4 explain how bonds and stocks are valued. Helpful material and data on bond markets are available on:
www.finpipe.com (good explanations of bond markets from a Canadian site perspective)
www.investinginbonds.com (the Bond Market Association's website contains useful bond data and links to related sites)
www.investorguide.com (good explanations of bond and equity markets)
http://finance.yahoo.com
http://money.cnn.com/markets/bondcenter (market commentary)
www.federalreserve.gov (the research section contains historical data on interest rates)
www.stls.frb.org (the site of the Federal Reserve Bank of St Louis)
www.ustreas.gov (website of the U.S. Treasury includes current bond prices and yields) Helpful material on bond valuation can be found at:
www.fintools.com (has a somewhat more advanced bond calculator)
www.loanpricing.com (includes data on bond issuance volumes) Most major stock exchanges have good websites. See, for example:
www.nyse.com (New York Stock Exchange)
www.nasdaq.com (NASDAQ)
www.londonstockexchange.com (London Stock Exchange)
www.tse.or.jp (Tokyo Stock Exchange)
www.123world.com/stockexchanges (links to national exchanges)
www.rba.co.uk (links to national exchanges)
www.fibv.com (the World Federation of Stock Exchanges publishes very useful comparative statistics) Data on stock market indexes can be found on:
www.djindexes.com (Dow Jones indexes)
www.standardandpoors.com (Standard & Poor's indexes)
www.wilshire.com (return data for Wilshire set of indexes)
www.mscibarra.com (return data for market indexes with information on dividend yields, P/Es, etc.) Here is a selection of sites with market commentary and data on individual firms and stocks. We find Yahoo! Finance particularly useful:
http://finance.yahoo.com
www.bloomberg.com
http://hoovers.com
www.reuters.com
www.marketwatch.com
http://money.cnn.com
http://moneycentral.msn.com (links to msn sites for several overseas markets)
www.euroland.com (useful source of quotes for European markets)
www.valueline.com (includes free sample analyses and long-term earnings forecasts for Dow Jones stocks) Two useful sites for estimating stock values with the dividend discount model are:
www.dividenddiscountmodel.com
www.valuepro.net PART 2 WEBSITES Chapter 7 provides an overview of long-term returns on stocks and bonds. You can find long-term securities' price data on:
www.globalfinddata.com
www.econ.yale.edu/~shiller (Robert Shiller's home page) In Chapter 8 we explain why risk can be measured by "beta." Equity betas for individual stocks can be found on Yahoo (or you can download the stock prices from Yahoo and calculate your own measures):
http://finance.yahoo.com Chapter 8 looks at Campbell Harvey's home page includes software to calculate efficient frontiers for portfolios of two or three assets:
www.duke.edu/~charvey Data on the Fama-French factors are published on Ken French's website:
http://mba.tuck.dartmouth.edu/pages/faculty/ken.french PART 3 WEBSITES Software for project analysis (Chapter 10) is available on:
www.jaxworks.com (simple illustration of accounting breakeven analysis)
www.oracle.com/appserver/business-intelligence/crystalball/index.html (demo of Crystal BallTM simulation software) PART 5 WEBSITES Dividend policy and leverage decisions may be influenced by tax rates. Here are some sites with information on tax rates:
www.taxsites.com (includes links to sites providing tax rates for a variety of countries)
http://finance.yahoo.com (information on personal tax rates)
www.quicken.com (information on personal tax rates) You can get information on recent dividend announcements on:
www.earnings.com/highlight.asp?client=cb
http://aol.ccbn.com
www.ex-dividend.com
www.dripcentral.com (dividend reinvestment plans) For information on the capital structure of individual firms as well as industries:
http://finance.yahoo.com ValuePro provides software and data for estimating WACCs:
www.valuepro.net PART 6 WEBSITES The options exchanges contain explanations of options markets and lots of data:
www.cboe.com
www.ise.com Other useful sources of options data:
http://finance.yahoo.com
www.pcquote.com Campbell Harvey's home page contains demonstrations of how option values are affected by changing volatility, etc.:
www.duke.edu/~charvey/vega.htm There are a number of good options sites, many of which provide data and calculators for Black-Scholes values and implied standard deviations:
www.cfo.com
www.numa.com
www.optionseducation.org
www.pcquote.com
www.pmpublishing.com (includes historical implied volatilities)
www.schaffersresearch.com PART 7 WEBSITES For an introductory guide to understanding financial statements see:
www.ibm.com/investor/financials For financial ratios see:
www.jaxworks.com (simple illustrations of the calculation and interpretation of some common financial ratios) For easy access to annual reports see:
www.prars.com (to order hard copies of annual reports) Downloadable software for short- and long-term financial planning is available on:
www.oracle.com/appserver/business-intelligence/crystalball/index.html
www.jaxworks.com (has a number of simple spreadsheets for financial planning)
www.toolkit.com (another site with simple spreadsheets for financial planning) The Web site of the Bank of International Settlements and the central banks provide material on payment systems:
www.bis.org
www.federalreserve.gov
www.ecb.int (for material on the European Central Bank's "Target" payments system) The Web sites of most major banks provide information on cash management services. See, for example:
www.chase.com
www.bankofamerica.com Other sites dealing with cash management include:
www.electronicpayments.org
www.nacha.org (material on electronic payments)
www.phoenixhecht.com (a comprehensive Web site on cash management with useful links) GE's Web site contains information on sources and costs of short-term finance:
www.gecfosolutions.com Central bank Web sites, such as those for The Federal Reserve and regional Feds, are generally good sources of reference for short-term interest rates.
www.federalreserve.gov (also contains results of the quarterly survey of the terms of business lending by banks)
www.ny.frb.org
www.stls.frb.org
www.oecd.org (the OECD Web site contains interest rate series for different countries) Dun and Bradstreet and the three main credit-reporting agencies have useful Web sites:
www.dnb.com (examples of Dun and Bradstreet credit reports, articles on credit management, and an introductory guide to understanding financial statements)
www.equifax.com
www.experian.com
www.transunion.com Fair Isaac Corporation is the leading provider of credit scoring for consumers. See:
www.fico.com/en/Pages/default.aspx
www.myfico.com
finance.yahoo.com (Yahoo's credit analyzer allows you to estimate your personal credit rating) Some other sources concerned with credit management:
www.creditworthy.com
www.nacm.org (includes links to sites on credit-related issues) | 