I feel that anyone without a working knowledge of Visual Basic, and manuevering around Excel should obtain the skill set with the well written technical sections. Orders cannot be canceled by Customer Service. But, very exciting to gain thorough understanding by doing it on Excel. Book Review Very few books have come from the place of linking business thinking with financial modeling. Availability: Ready to ship Merchant Details: Amazon Marketplace offers millions of new and used items offered by a huge selection of third-party sellers. For once, someone has taken the time to write a book that takes financial theory out of the classroom and follows it directly in a simple path to useful applications.
The book is more of a desk reference and crystallizes key concepts and practical tips very well. Book Review This book is strictly not for beginners. Far too often the discounting in the chapters is done over a flat interest rate curve. New print copies of this book include a card affixed to the inside back cover with a unique access code. If you read and apply everything you learn from this book, you will see a fundamental difference in the way you approach financial modeling.
Marketplace sellers usually ship within 1-5 business days after the order is placed. The worst part is there are full of errors, encompassing typos in the Excel spreadsheets and technical inaccuracies. Powel and Baker's concept car is beautiful, advanced, gracious, but doesn't exist and doesn't run; Benninga's kit car is like a Lotus Super Seven: simple, runs, is a blast to drive, but is dangerous in heavy traffic and you would not want to go on a 1,000 mile journey with it i. Access codes are required to download Excel worksheets and solutions to end-of-chapter exercises. With those criticisms in mind, his work still has neater, leaner, more compressed models with updated contemporary detail. Master these and then specialized texts are easier to digest.
While the term structure of interest rates is covered, and historical term structures and parallel shifts and steepening and flattening is covered in isolation in a thorough chapter and with wonderful data files, the necessity and explicit connection of discounting from an appropriate yield curve is left implied and only mentioned in a few exercises. As in previous editions, basic and advanced models in the areas of corporate finance, portfolio management, options, and bonds are explained with detailed Excel spreadsheets. The reader is referred to other specialized texts for this purpose. Great basics from which you can build your own models, improvements etc. New print copies of this book include a card affixed to the inside back cover with a unique access code.
However, I decided to purchase it because it is a priceless resource. Through books people who have already walked the path would guide you to make better decisions and would help you acquire new skills. By buying this book and working out the Excel problems and exercises on my own, my confidence level with Excel and my own modeling skills has shot up. I went through many of the exercises and did not find any errors or mistakes. Please refer to the seller's comments before ordering.
Availability: Ready to ship Merchant Details: Chegg is the number-one provider of textbook rentals. The idea is to learn the concepts first if you are a beginner and then learn the technical aspects of it. Helps in gaining a more consistent edge in today's volatile markets. This book shows you how to get the most out of Excel, which is a very user friendly software package. Product may vary from the eCampus. If you purchased an e-book, you may obtain a unique access code by emailing digitalproducts-cs mit.
Once you do that, within few months, you would be able to do as if it is nothing. The discussion of corporate valuation using pro forma models has been rounded out with the introduction of a new, simple model for corporate valuation based on accounting data and a minimal number of valuation parameters. Please refer to the seller's comments before ordering. I suspect that those readers commenting on mistakes lack certain basic Excel skills necessary for this book. You can also enjoy free two-day shipping on millions of items, including cheap college textbooks, when you join Amazon Student.
If you have a used copy of this book, you may purchase a digitally-delivered access code separately via the Supplemental Material link on this page. Thus people who are in the financial domain would be able to extract a great amount of stuff out of it. Please refer to the seller's comments before ordering. Also, the proficiency gained in excel alone is well worth the price of the book! Financial Modeling continues to be a valuable resource for practicing finance professionals, students, and professors. The reason why it is the best is that it doesn't try to be cleverer than it needs to be. Fabozzi People who are into financial modeling need to know the maths behind the financial models if they wish to advance their career in financial modeling. The company has been helping college students get cheap textbooks for years.
Review: I've found earlier editions of Simon Benninga's Financial Modeling to be a great reference, and I've used them often. And if all you need to do is to follow along, would you think, you need any special talent to do that? Something like the date was not correct, which happens a lot when you fill a sequence of dates in excel. Moreover, you will also learn excel while learning the concepts. The section on Visual Basic programming was also a little light and assumes a fairly advanced user. The main emphasis of this book is one helping you build the skill of financial modeling. Simon Benninga's 3rd Edition of Financial Modelling with Excel is the single most useful book for finance students and professionals ever published and continues to offer an outstanding reference and textbook for students and practitioners of applied finance. Even with these criticisms, Benninga's Financial Modeling remains the best book in the field for what it seeks to accomplish.