The Wall Street MBA

by Reuben Advani

You don't need an MBA to master corporate finance

"Finally, the book which may put Harvard Business School out of business. A must-read for all professionals who seek strong financial expertise."
--Rick Rickertsen, Managing Partner, Pine Creek Partners; author of "Buyout"

"Terrific overview of corporate finance and accounting that even the nonfinancial professional will find useful."
--Ken Glazer, former Senior Competition Counsel, The Coca-Cola Company

""The Wall Street MBA" distills a broad swath of corporate finance and financial reporting concepts into a concise, practical, and easily accessible format."
--Robert Borghese, lecturer, The Wharton School; author of "M&A from Planning to Integration"

The Wall Street MBA gives you the tools to: Review financial statements Analyze earnings Detect fraud Assess stock prices Value companies Determine the cost of capital

"With brand-new chapters on currency trading, real estate valuation, and commodities"

Genres: Business, Finance, Nonfiction, Buisness, Economics, Money, Professional Development

304 pages, Paperback

First published January 1, 2006

Reviews

[Rushi]

Very, very basic book. Contains the subjects that a first year business student would learn in undergrad, but with significantly less detail. Read this book if you don't want to sound completely clueless in front of your friends and family that work in finance or accounting. This won't help you if you plan on actually applying finance or accounting information in your future career, education, or personal investing ventures.

[Amanda]

An excellent summary of the principles behind corporate finance and investment banking. The ideal reader would have basic background knowledge of business or accounting, but a careful reader with a dictionary handy can keep up too.

[Luke]

The reference to MBA is a bit ambitious. A quick and painless read perfect for someone starting with undergrad studies.

[Sergio Padilla]

A great intro and rundown of some important accounting and financial topics, with everyday relevance to people that work in the sector. Written for anyone with a beginners understanding of finance and highly accessible.

Also, love that the author acknowledges many finance books are jargon-filled diatribes mostly written for the author’s peers. Glad that he takes the time to make sure readers understand key concepts

[JediMasterPercy]

Things I liked:
1. Decent humor
2. A solid source of formulas I use often
3. Felt like I was learning

Things I didn’t like:
1. It was non fiction

[Katelyn Rahey]

Great (very light) intro to a lot of finance topics.
Good refresh if needed.

[Paul Adams]

Great coverage of what can be a dry topic. Infused with humor in the right places to make the read very entertaining.

[Rommel Harlequin Monet]

Decent refresher / intro-text for the useless ones in your finance/accounting department. Nothing you can't get off Investopedia.

TOC:

PART 1: ACCOUNTING
1. Accounting Basics
2. Balance Sheet
3. Income Statement
4. Cash Flow Statement
5. Fraud and Manipulation
6. Financial Analysis

PART 2: FINANCE
7. Cost of Capital
8. Valuation
9. Wall Street Basics: Stocks and Bonds
10. Wall Street Part Deux: Arbitrage, Derivatives and Hedge Funds
11. Mergers and Acquisitions
12. Currency
13. Real Estate
14. Commodities

[Chan Bryan]

Read the 2nd edition. It's a good introductory book to basic finance concepts for people who have not studied finance before. Like the way how the author presents the concepts with interesting background story and narrative. Definitely worth a read for people who want to understand some accounting and finance.

[Felipe Marcilio]

Very basic principles of Finance

A well organized book, but too simple for anyone who works with Finance. This book is aimed at those who are searching for basic knowledge, and certainly does not have not a "MBA"-like content. The first chapters on accounting and corporate finance are good, but the last few are very shallow.

[Vincelight]

This is a pretty preliminary finance 101 book. Good for those who've never learnt finance in college. For those finance majors, don's waste your time.