Finance for Managers
- ISBN13: 9781578518760
- Condition: NEW
- Notes: Brand New from Publisher. No Remainder Mark.
Product Description
Harvard Business Essentials Your Guide and Mentor to Doing Business Effectively In the faced-paced world of business today, everyone needs a personal resource-a place to go for advice, coaching, background information, or answers. Bosses and colleagues aren’t always available when you need them-and they might not always have the most reliable solutions to your business problems right at hand. The Harvard Business Essentials series fills the gap. Conci… More >>
This is an OKAY book,
My name is Jameson Thottam and as an individual steeped heavily in finance (graduated from UC Berkeley and attending Wharton’s MBA and focused on financial services such as such as The Loan Page, IndyMac Bank, Homestore), I would give a qualified recommend on this book to those in finance. There are other books that take provide more details on mathematical programing and simulation software (i.e., Linear programming, Monte Carlo Simulations, CRYSTAL BALL / SEC II / @RISK software packages). Additionally, if you like market insider trading (i.e., technical analysis)…you can do much better.
Hope you enjoy,
Jameson Luke Thottam
(Job History: Battery Ventures/The Loan Page, IndyMac Bank, Homestore, Morgan Stanley Investment Banking, LEK Management Consulting)
Houston, Tx
Rating: 2 / 5
It wasn’t all what I had expected – I thought it would have given a deeper insight also to the financing aspects.
Rating: 1 / 5
I bought this book for the Harvard pedigree when other books offer more practical detail for the target audience. The text concentrates too much on taxation, a subject unto itself, and calculation of the time value of money. In particular the TVM issue focuses on formula versus concept which is not a service to the audience. Overall, I expected more from a Harvard Business Essentials book.
Rating: 2 / 5
“Finance for Managers” is short and clearly-written. It’s a good book for non-business people (like me) who want to be smarter readers of business and economic news. However, it strikes me as too elementary to be of value to real non-financial managers (the supposed audience), who studied business at college and already know the basics of discounted present value, ratio analysis, the risks and rewards of leverage, and so forth. The good thing about “Finance for Managers” is that it NEVER goes beyond the bare basics. But that’s also the bad thing.
Rating: 3 / 5
The book contains a number of good articles, introducing some important, basic accounting and finance concepts for non-financial managers. The chapters on Financing Operations and Growth, Budgeting, Practical Tools for Management Decisions and Valuation Concepts were the most informative and relevant. Others, like Taxation and The Time Value of MOney were too simplistic. An OK book if you have limited time to devote to the subject, but it really won’t do much more than introduce you to some useful vocabulary, so you won’t feel completely intimidated when dealing with your finance staff.
Rating: 3 / 5