Georgetown Business Professors Author Finance and Accounting for Non-Financial Managers

October 29, 2010 Droms Book Cover

Sixth Edition of Book Teaches Fundamentals of Financial Management

Two professors at Georgetown University’s McDonough School of Business co-authored the sixth edition of Finance and Accounting for Non-Financial Managers (Basic Books, 2010). Adding such topics as corporate accountability, the book provides a nuts-and-bolts guide for managers, entrepreneurs, seasoned executives, teachers, and students alike.
 
The book was written by William G. Droms, professor of finance at Georgetown’s McDonough School of Business, and Jay Wright, an adjunct professor at the school and CEO of the Mobilepro Corporation. Through step-by-step examples and illustrative case studies updated to reflect the latest trends in the economy and financial policy, this new edition covers the key aspects of financial management.
 
Droms is the author or co-author of 12 books on finance and investments, including Investment Fundamentals, The Dow Jones-Irwin Guide to Personal Financial Planning, Dow-Jones-Irwin No-Load Mutual Funds, and The Life Insurance Investment Advisor. His published research papers also have appeared in numerous academic and professional journals. A chartered financial analyst, Droms developed a proprietary portfolio allocation scoring system (PASS) for individual investor asset allocation that has been adapted for major banks, insurance companies, brokerage firms, and CPA practices. He holds a B.A. from Brown University, as well as both an MBA and a DBA from The George Washington University.
 
Before becoming CEO of Mobilepro Corporation, Wright served as CFO for Technical and Management Services Corporation, where he negotiated its sale to Engineered Support Systems, Inc. He previously was CFO of Speedcom Wireless Corporation, where he helped raise more than $14.5 million in equity funding for the wireless software technology company. Wright’s experience also includes serving as an investment banker with Merrill Lynch and as a mergers and acquisitions attorney with Skadden, Arps, Slate, Meagher and Flom, LLP in New York and Foley & Lardner in Chicago. He received a bachelor’s degree summa cum laude from Georgetown University’s McDonough School of Business and a juris doctorate from the University of Chicago Law School.
 
About Georgetown University’s McDonough School of Business
Georgetown University’s McDonough School of Business is a premier business school located at the center of world politics and business in Washington, D.C. Some 1,400 undergraduates, 1,000 MBA students, and 500 participants in executive education programs study business with an intensive focus on leadership and a global perspective. Founded in 1957, the business school today resides in the new Rafik B. Hariri Building, a state-of-the-art facility that blends the tradition of Georgetown University with forward-thinking functionality. For more information about Georgetown’s McDonough School of Business, visit http://msb.georgetown.edu.