This text explores the subject of business failure prediction, through the application of multicriteria analysis methods. The aim of the book is to provide a review of the research in the area and to explore the adequacy of these methods to one of the most complex problems in the area of financial management. In addition, it explores the applications of the methods so that it may become a useful tool for researchers and practitioners. The analysis of the modeling and the results in these applications provides the background for further employment of the methods.