Business Book of the Year competition accepting entries

The Financial Times announced Wednesday the launch of the 2014 Business Book of the Year Award, the 10th year of the prize.

For the first time, an additional award, the Bracken Bower Prize, will be given to a promising young writer with the best proposal for a book about an emerging business theme.

The Business Book of the Year Award – recognized as the leading business book award – highlights ground-breaking books which explore important business and economic issues. The award is given to the book that the judges agree provides the most compelling and enjoyable insight into modern business issues, including management, finance and economics. The winner will receive an award of £30,000, and shortlisted authors will receive £10,000 each.

Named after Brendan Bracken, chairman of the FT from 1945 to 1958, and Marvin Bower, managing director of McKinsey from 1950 to 1967, the Bracken Bower Prize honors their legacy but also opens a new chapter by encouraging young writers and researchers to identify and analyze the business trends of the future. The winner of the inaugural award will receive £15,000 and their proposal will be published on FT.com.

A shortlist for the Business Book of the Year Award will be announced in New York on Sept. 24, and the winners of both prizes will be announced at an award dinner in London on Nov. 11.

Previous winners of the book award include “The Everything Store: Jeff Bezos and the Age of Amazon” by Brad Stone (2013), and “Private Empire: ExxonMobil and American Power” by Steve Coll (2012).

For more information, go here.