Customer Reviews

Financial Modeling Using Excel and VBA (Wiley Finance)

5 star:		(2)
4 star:		(2)
3 star:		(1)
2 star:		(0)
1 star:		(3)

 

 

I must agree with the other reviewers of Sengupta's very weak effort. This book is overly simplistic and of very little use to any true financial professional.

For an excellent overview of financial modeling in general, look at Ragsdale 5e or The Art of Modeling with Spreadsheets by Powell of the Tuck School. For excellent treatment of robust financial statement analysis and valuation, look at Penman 4e, McKinsey 4e, or Damordaran on Valuation. For utilizing Excel for general Corporate Finance applications, look at Financial Modeling Benninga 3e or Benninga's Principles of Finance with Excel.

For an excellent treatment of how powerfully VBA can be utilized in general financial modeling, look at A Fast Track to Structured Finance by William Preinitz or Evan Tick's similar title. In my opinion, both are an excellent value and provide a tremendous learning experience for the serious student or practionier.

There are many far more useful texts than Sengupta's. Save your money and do not purchase this title unless you are a true novice and very new to financial statements and/or Excel.

The section on financial stmmt modeling and projections (pro forma) is one of the best out there. It is only a slice of what the book offers but if you are an equity analyst and asked to build models, I would buy this book based on the section it has on forecasting. It is not the end all be all, but a solid effort to supplement your other modeling books.........

The book is correct for very novice student, but no more. It spends a lot of time explaining very basic facts and ideas (eg. the author justifies at length why learning a programming language, but does not discuss any other language apart from VBA). There are many examples, but they are often mere variations of each others.

Just for basic models. Not enough description on complex financial models.

The experience reading this book is painful. It is clearly written, but shallow. Save your money, look around there are other more books worthy of your money.

Great book, step by step approach, but still requires basic knowledge of Excel's core functions. The CD provided is definitely a plus.

I really enjoyed using this book. The author did a great job of explaining the topics...well wortht the time and price.

Very informative and descripitive. If you want to learn how to model, buy this book.