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This Problem Book offers a compendium of 639 exercises of varying degrees of difficulty in the subject of modules and rings at the graduate level. The material covered includes projective, injective, and flat modules, homological and uniform dimensions, noncommutative localizations and Goldie’s theorems, maximal rings of quotients, Frobenius and quasi-Frobenius rings, as well as Morita’s classical theory of category dualities and equivalences. Each of the nineteen sections begins with an introduction giving the general background and the theoretical basis for the problems that follow. All exercises are solved in full detail; many are accompanied by pertinent historical and bibliographical information, or a commentary on possible improvements, generalizations, and latent connections to other problems.