Sunday, March 6, 2011

Guide to Financial Management



Guide to Financial Management
John Tennent | 2008-06-01 00:00:00 | | 0 | Finances and Money
This book presents a very straight forward and a practical approach in explaining complicated financial concepts. One salient difference of this book, when compared to other Corporate Finance books is that, the author draws very good practical examples at various stages when explaining the actual use of financial concepts.
My motivation for buying this book was two fold.
Firstly I wanted to refresh the subject matter I learned under Financial Management of the MBA program I followed sometime back. Although at the moment I am not very much involved in Finance related activities, in future it is likely that my job scope will involve Finance to a greater extent. The simplicity of explanations and the practical insights suggest that you do NOT need to have followed an MBA to understand the concepts.
Secondly the decision to buy this book was fairly swift. This is because I was already reading one of the books co-authored by the same author John Tennent which is "Guide to Financial Modeling" which is yet another down right practical guide to financial modeling.
This book strikes a very rare balance between Simplicity (In Explaining), Practicality and Comprehensiveness of the subject matter covered. In my opinion this book fills up a much needed void in the field of Financial Management.
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