This new book can be read independently from the first volume and may be used for lecturing, seminar- and self-study, or for general reference. It focuses more on specific topics in order to introduce readers to a wealth of basic and useful ideas without the hindrance of heavy machinery or undue abstractions. User-friendly with its abundance of examples illustrating the theory at virtually every step, the volume contains a large number of carefully chosen exercises to provide newcomers with practice, while offering a rich additional source of information to experts. A direct approach is used in order to present the material in an efficient and economic way, thereby introducing readers to a considerable amount of interesting ring theory without being dragged through endless preparatory material.