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The Wall Street MBA: Your Personal Crash Course in Corporate Finance
 
 
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The Wall Street MBA: Your Personal Crash Course in Corporate Finance [Paperback]

Reuben Advani (Author)
4.1 out of 5 stars  See all reviews (9 customer reviews)

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Book Description

May 12, 2006
A streetwise MBA that offers you a degree in success

Whether you're a novice or an experienced professional, The Wall Street MBA explains the underpinnings of financial valuation, financial analysis, and corporate accounting and describes how each drives corporate America and Wall Street.

Peppered with true stories and amusing anecdotes, this concise, easy-to-read, interactive resource teaches MBA concepts by applying theory to real-life examples. You'll learn how to review financial statements, analyze earnings, detect fraud, assess stock prices, value companies, and structure mergers and acquisitions, among other exercises.


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Editorial Reviews

From the Back Cover

Your Personal Crash Course in Corporate Finance

You don't need an MBA to understand the underpinnings of financial valuation, financial analysis, and corporate accounting. The Wall Street MBA explains all the basic concepts taught in a standard MBA finance and accounting program-and how each drives Corporate America and Wall Street. Part textbook, part story book, The Wall Street MBA provides the knowledge and confidence to mine financial data and detect what's really going on beneath the surface of company financial reports.

This concise, dynamic guide explains how to

* Review financial statements * Analyze earnings * Detect fraud * Assess stock prices * Value companies * Determine the cost of capital

"Finally, the book which may put Harvard Business School out of business. A must-read for all professionals who seek strong financial expertise."-Rick Rickertsen, Managing Partner, Pine Creek Partners; author of Buyout

"Terrific overview of corporate finance and accounting that even the non-financial professional will find useful."-Ken Glazer, Senior Competition Counsel, The Coca-Cola Company

"The Wall Street MBA distills a broad swath of corporate finance and financial reporting concepts into a concise, practical and easily accessible format.”-Robert Borghese, Lecturer, The Wharton School; author of M&A from Planning to Integration

"A terrific manual for anyone interested in thinking like a finance industry professional"-Jim Watson, General Partner, CMEA Ventures

About the Author

Reuben Advani is the president of TeleStrat Consulting, Inc., a financial advisory and training boutique, and also runs www.onedaymba.org. A former Wall Street investment banker, Mr. Advani has run financial training programs for major corporations and law firms throughout the U.S. and Europe.


Product Details

  • Paperback: 224 pages
  • Publisher: McGraw-Hill; 1 edition (May 12, 2006)
  • Language: English
  • ISBN-10: 0071470085
  • ISBN-13: 978-0071470087
  • Product Dimensions: 9 x 6.4 x 0.7 inches
  • Shipping Weight: 11.2 ounces (View shipping rates and policies)
  • Average Customer Review: 4.1 out of 5 stars  See all reviews (9 customer reviews)
  • Amazon Best Sellers Rank: #26,152 in Books (See Top 100 in Books)

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Customer Reviews

9 Reviews
5 star:
 (6)
4 star:
 (1)
3 star:    (0)
2 star:
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1 star:
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Average Customer Review
4.1 out of 5 stars (9 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

16 of 18 people found the following review helpful:
5.0 out of 5 stars Well Written Introduction, August 12, 2006
This review is from: The Wall Street MBA: Your Personal Crash Course in Corporate Finance (Paperback)
Chapter 1 of this book is called Accounting Basics. It starts out:

Q: What's the definition of an accountant?

A: Someone who solves a problem you didn't know you had in a way you don't understand.

That sort of tells you the tone of the book.

From then on Chapter 1 is indeed on accounting. But he tries to put in enough humor to enable you to keep your eyes open. He reports on enough history (mostly of frauds), and enough of the real life options in accounting (what the tax man wants vs. what the SEC wants) to give you a better understanding of the strengths and weaknesses of our system.

After about a hundred pages on accounting, there's about 80 pages on Finance - no they are not the same thing. Here's a description of risk, expected rate of return, and some delightful stories of corporations acting badly.

Then, something I've never seen before he puts up a dummy set of financial statements and goes through an analysis showing how to evaluate the company.

All in all, an introductory book that is very well written, easy to understand and covers the basics.
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13 of 17 people found the following review helpful:
5.0 out of 5 stars Excellent Resource, July 20, 2006
This review is from: The Wall Street MBA: Your Personal Crash Course in Corporate Finance (Paperback)
This book is an excellent resource for anyone wanting an intelligent but very readable (even entertaining, at times) presentation of finance principles from the simple to the complex. I am a corporate attorney for a Fortune 100 company, and I've already recommended this useful tool to a number of my colleagues.
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4 of 5 people found the following review helpful:
5.0 out of 5 stars Excellent Book!!!!, August 11, 2008
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This review is from: The Wall Street MBA: Your Personal Crash Course in Corporate Finance (Paperback)
I liked the style of the author which is very down to earth. He discusses a lot of topics related to the Corporate Finances subject in a very practical and informal way. Even he tells a little about the reality of the "street knowledge" and "street disasters" of the past which I appreciate. Most of the time other books only answer the "what" question but do not answer the "why" question. The author goes into that detail which is critical to learn to make decisions in the real world. I found excellent information nuggets which I would never find explicitly in a typical textbook. I bought it and I will keep it, just in case the "theoretical" monster creeps in and clouds my vision. Welcome to the real world!!!!
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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
accounts payable turnover days, overall capital structure, inventory turnover days, dividend growth model, noncurrent liabilities, noncurrent assets, market price per share
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Wall Street, Cunningham Hardware, United States, Time Warner, Financial Accounting Standards Board, Orange County, Boone Pickens, Financing Activities Short-Term Debt Increase, Martin Marietta
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