Monday, January 28, 2013
I bought the first edition of The Wall Street MBA by Reuben Advani and this review is predominantly based on it. In the second edition few more chapters are added on Real Estate, Currency and Commodities. But I don't think there is any significant changes in the already existing content.
Overall a good read! a nice refresher for those in the field and a good introductory discussion for those new to the field. But don't get fooled by the title; it is NOT a crash course on corporate finance (well, I can see the author has changed that sub title in the latest edition). I felt this book to be more a refresher for financial accounting as half the book is written about FINAC. I must admit the first half is a thorough piece! When it came to the actuals of CORP FIN; its more a mere introduction on layman's vocabulary that we can get easily from the internet.
The coverage given on topics like Ratio Analysis, Cost of Capital and Financial Statements is exhaustive. I expected more on bonds, derivatives and some stuff on i-banking as the title suggests :P
Overall a good introductory and refresher type book!!