Scientific Financial Management: Advances in Financial Intelligence Capabilities for Corporate Valuation and Risk Assessment (with CD-ROM) [Hardcover]

Morton Glantz (Author)

Book Description

ISBN-10: 0814405002 | ISBN-13: 978-0814405000 | Publication Date: January 15, 2000 | Edition: 1st

Scientific Financial Management is a complete tool kit to deploying advanced, state-of-the-art financial techniques for defining a firm's strategic direction... explaining optimal capital allocation strategies...and making a smart defense of the shareholder value number.

Readers will learn how to use the same scientific methods and models successfully employed by Fortune 100 companies, including:
-- Option analysis
-- Visual financial models
-- Monte Carlo analysis
-- Cash-flow analysis
-- Uncertainty forecast models
-- Linear programming
-- Decision trees and multiattribute utility analysis
-- Interactive credit scoring model -- and other tools that close the gap between the theory of finance and the utilization of scientific applications.

Editorial Reviews

About the Author

Morton Glantz (New York City) is the founder of Mort Glantz Associates. Bruce Henderson (New York City) consults on international banking issues.

Product Details

• Hardcover: 418 pages
• Publisher: AMACOM; 1st edition (January 15, 2000)
• Language: English
• ISBN-10: 0814405002
• ISBN-13: 978-0814405000
• Product Dimensions: 10.4 x 7.4 x 1.4 inches
• Shipping Weight: 2.3 pounds
• Average Customer Review: 4.2 out of 5 stars  See all reviews (15 customer reviews)
• Amazon Best Sellers Rank: #3,098,601 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

13 of 14 people found the following review helpful:

3.0 out of 5 stars good intorductory - summary - text, February 28, 2001

By 

stat - See all my reviews

This review is from: Scientific Financial Management: Advances in Financial Intelligence Capabilities for Corporate Valuation and Risk Assessment (with CD-ROM) (Hardcover)

The book covers many interesting topics starting from general statistical analysis and linear regression to some more complex topics such as neural networks. Also some Monte Carlo is covered. I read a lot of books on same topics but in much more depth, which is why this book was not a big contribution to my current knowledge. The text is certainly good for a beginner or to refresh your memory, but I think to be a very good CEO of CFO you need to know more in detail than just some of these topics, as described in the book. Some chapters such as the one on Monte Carlo I think is not presented in a best manner. The whole chapter looks more like a user guide for Monte Carlo for Chrystal Ball software. The technique of Monte Carlo usage is not descibed in a detail at all , but rather it is just presented of how it is done in this software. Moreover, the chapter on Nerual Networks in a summary chapter on some general topics but there are no precise examples of how things can be done. These are some of the reasons why I didn't really like the book, it is more less like a summary of the most important topics that one should know if in finance. As I said this book is probably good introductory text to get acquainted with the general topics, prior to getting into some more detailed text, becuase from this you really can not say you know the material in depth.

6 of 6 people found the following review helpful:

3.0 out of 5 stars Executive summary of some useful techniques, February 11, 2001

By A Customer

This review is from: Scientific Financial Management: Advances in Financial Intelligence Capabilities for Corporate Valuation and Risk Assessment (with CD-ROM) (Hardcover)

This text provides an intuitive introduction to various techniques. Nothing more, nothing less. Each chapter is about 30 pages long and is just about right for the busy executive. Those who actually need to implement models might want to look at Simon Benninga's 'Financial Modeling' and Wayne Winston's 'Practical Management Science.'

5 of 5 people found the following review helpful:

1.0 out of 5 stars Money not wisely invested, December 29, 2001

By A Customer

This review is from: Scientific Financial Management: Advances in Financial Intelligence Capabilities for Corporate Valuation and Risk Assessment (with CD-ROM) (Hardcover)

I wonder what the other reviewers see in this book as it seems not highly valuable to me. The book presents more a general overview of different techniques such as Monte Carlo simulation or Neural Networks without going into the necessary depth. Moreover, most of the explanations and expamples in the book can be found in a similar way on the web pages of the software companies mentioned in the book - for free.
I regret having bought this book - having learned nothing but not to trust too much euphoric reviewers.