Customer Reviews

Mastering Financial Mathematics in Microsoft Excel: A Practical Guide for Business Calculations

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

 

 

I was looking for a book that would help me brush up on my financial math and this does not do the job. Day does a poor job of explaining the material, and furthermore, his CD is poorly done. He does not enter most of the formulas, but rather he hard coats his numbers. This makes it just about impossible to follow what he is talking about in his book as the reader must somehow come up with the formulas that he is describing on his own. Day does a great job of protecting his models from being copied as no one would want to recreate the formulas he is using, but in doing so, he prevents the reader from learning. If you are looking for a good book on financial mathematics, this is not it.

I have an MBA in Managerial Economics and was looking for a review in financial math w/ Excel illustrations. I purchased this book and returned it because it is poorly written and/or a reference book for someone who already knows the material rather than a teaching guide. Another book which appears more suitable for my purposes is 'Finance Guide With Formulated Solutions for Excel' by Roger Bennitt.

Book does and excellent job in showing how to apply financial formulas in excel. It is not a textbook in financial math and assumes you already know or have access to other sources explaining the math. The book covers basic interest, NPV, IRR, bond calculations and stripping, floating rate securities,swaps,forwards,futures,foreign exchange,option pricing,valuation methods,leasing and basic statistics.

The book does a good job of outlining each concept before explaining how it is used in excel. The author's major contribution is showing how to organize the model layout so that inputs, calculations and model outputs can be easily seen and changed saving time and decreasing model errors.

Great Customer service and very fast delivery. Definetly worth the price. Text book is outstanding.

I used this book to help me understand the complex nature of excel. This book is a topical guide that walks you through step by step many subject basics. As the book advances, the less stepping stones are given. Because the author removes these 'stepping stones' it requires the user to develop thoughts and arrays within their own mind. Much of Excel is a self taught program, as professional users claim, that still truly challenges the Masters of Excel all over the world. The author was very helpful when I was deep in trouble. Courteous, timely, and acurrate. The best purchase you'll ever make.-Dean Prinsloo