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Series: Business Skills
Paperback: 720 pages
Publisher: Microsoft Press; 1 edition (January 17, 2011)
Wayne L. Winston is a professor of Decision Sciences at Indiana University's Kelley School of Business and has earned numerous MBA teaching awards. For 20+ years, he has taught clients at Fortune 500 companies how to use Excel to make smarter business decisions. Wayne and his business partner Jeff Sagarin developed the player-statistics tracking and rating system used by the Dallas Mavericks professional basketball team. He is also a two time Jeopardy! Champion.
Wayne L. Winston is a professor of Decision Sciences at Indiana University, Kelley School of Business and has earned numerous MBA teaching awards over the past two decades. Wayne also consults for several Fortune 500 clients. He and his business partner Jeff Sagarin developed the statistics tracking and rating system used by the Dallas Mavericks professional basketball team. Wayne is also a two-time Jeopardy champion.
If someone asked me that question, I would have to say no. It's not that the book is very bad per se; it's just that the book is not very good either, and you can pretty much get the same info for free off of the internet.
I'll qualify that by saying: I think that if you are an MBA student, then this book may be worth the money just for the convenience of having all of the information in one package. BUT if you are a professional looking for solutions to business problems, then you'll probably only use the small portions of the book that are related to your field... and it would be better to just look on the internet for templates on a piecemeal basis as the needs arise. The templates you find on the 'net will probably be more sophisticated and more polished as well.
Here's the detail:
THE GOOD The best thing about this book is that it covers a wide range of topics from stats to queuing to finance and more. In that way, the book can be valuable as a versatile reference book that you can turn to first.
Each chapter begins with problem statements, and then it shows how to use formulas and functions in Excel to come up with an answer. Some of the solutions are specific to functions and features found in Excel, while others are simply math equations that could be used in any spreadsheet software such as Lotus or Google Docs (or even just written out on a piece of paper for that matter). So you may consider the solutions to be good because they're flexible.
The scope of the book pretty much covers the first year of MBA coursework which is nice for the students out there. Also, everything is supported by sample Excel files, so it gives you plenty of templates to cut and paste from.Read more ›
Microsoft Excel 2010 is typical FAQ/lecture like book. What you get is a list of issues that you probably encounter, sooner or later, during Excel programming. Each chapter is organized the same way. At first, you get the list of questions that are related to topics covered within chapter. Then, you get answers to questions explained by examples. This way you can easily find solutions for problems that you have recently encountered and want to have them solved by the Excel. What is a benefit here is that knowledge is not just a plain theory. Contrary, what you get is a purely pragmatic approach - problem/solution. In order to check your knowledge, each chapter contains brain teasers that will force you to think a little bit. You are asked to solve a problem that can be solved using knowledge you have acquired while reading the chapter.
I have mixed feelings when it comes to this book. At one point you should have it in your own library as a reference. On the other hand, I don't like editorial side of the book at all. It's too simple and too plain. I know you can say that lecture script is not required to look fancy and nice, but I simply like well edited books. I know that judging book by it's cover might be very unfair by in case of this one, editorial side of the book took advantage over the content. However, if you don't pay that much attention to look over the content you should consider buying this one. You will find quite a loot of examples that will guide you through the mysteries of the Excel. And you don't have to know Visual Basic at all.
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This is a proper book written by a professor from a top business school and this is indeed a very deep one covering a lot of grounds.
It covers almost everything in Excel starting from the most basic thing such as putting together a arithmetic expression and end with some advanced modelling examples.
Written by a professor, the book format is like a university course starting with a bit of of theory, some examples and then followed by many exercises to refine your skills. By having many exercises and scenarios you actually have to think about the problem you face, works out your solutions before actually using excel to implement your solutions. This is to me great because so many books taught people only which buttons to press.
As a business analyst this is a very helpful book covering a lot of grounds teaching you a lot of business knowledge and business analysis skills, the excel bit of it is just the implementation which is the right way to go about it.
The downside is the poor editing, while the content and organisation is top class, the presenting bit is simple pathetic and it makes you think of a boring lecture with white chalks on a black board. And yes, the course did not cover as much on themes and design features of Excel 2010.
I have read many books on excel and this is the one with the most brain so I give it 5-star
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I purchased this book to learn more about applications of Excel function, and I definitely have learned a great deal from reading it. The plethora of examples in the text make this a great resource for learning about a variety of topics, but I'm pretty certain that the book was either not edited at all, or merely scanned. There were easily upwards of a hundred errors in the text and the accompanying solutions.
Overall, I thought the text was clear and the concepts well-explained; however, I did waste a good deal of time trying to get my answers to match with those provided, and wondering what was wrong with my process (oh - no work is shown in the solutions, just answers), and in most cases would realize that the data the solution was working with were different than the date provided in the problem, or something of that nature.
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