Customer Reviews

Project Financing: Asset-Based Financial Engineering (Wiley Finance)

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

 

 

As an MBA graduate from a top b-school who works in finance, I read a lot of finance related books. So far, "Project Financing: Asset-Based Financial Engineering" is the best Project Finance book I have ever read, and I read about a dozen of them. Everything is straight to the point, very clear, and supported by examples. This is not a technical guide or PF modeling textbooks for analysts, but a solid work on PF framework and strategy.

As a graduate of NYU Stern's MBA program, and a former student of finance icons Altman and Damodaran I can say with authority this is an excellent book. I read it 2x for both pleasure and application to a project at work. It is one of the top 5 MBA books I've read (Yes, I still highlighted it with multiple colors!).

Whether you are trying to grasp MBA finance for the first time or you hunger for a mind sharpening post MBA refresher, this book can actually be "fun" to read. The author, Professor Finerty of Fordham, has created a prolific student friendly book with great immediate practical application. I hope to meet him someday.

--TP, New York

If you're forced to read a project finance text for a college course or for any other reason, then this one is pretty good. The writing is crisp and clear, the case studies are genuinely helpful, the length is manageable, and the reader isn't overwhelmed with tiny print, mindnumbing details, or esoteric math. But let's face it, it IS still a finance text...hence my four-star rating.

This book is great to develop a good understanding of Principles of project finance. The treatment is practical and reiterates the concepts through case studies.

Is there a calculation error in Chapter 7? The example is for calculating ATCF of Rocky Mountain project. The initial equipment investment of $55M is capitalized with $5M residual value. $5M of the $6M startup cost is also capitalized. However, the depreciation taken over the next 10 years is only $5M [$55M - $5)/10]. The capitalized $5M startup cost seems to be forgotten. Anyone else noticed this?

One of the best books I've ever read. Extremely useful and updated. Strongly recommended.

do you have any book store in p.r.china? since i can't remit money abroad. but in china, i can do so. tks