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.
Very, very basic book. Contains the subjects that a first year business student would learn in undergrad, but with significantly less detail. Read this book if you don't want to sound completely clueless in front of your friends and family that work in finance or accounting. This won't help you if you plan on actually applying finance or accounting information in your future career, education, or personal investing ventures.
An excellent summary of the principles behind corporate finance and investment banking. The ideal reader would have basic background knowledge of business or accounting, but a careful reader with a dictionary handy can keep up too.
A great intro and rundown of some important accounting and financial topics, with everyday relevance to people that work in the sector. Written for anyone with a beginners understanding of finance and highly accessible.
Also, love that the author acknowledges many finance books are jargon-filled diatribes mostly written for the author’s peers. Glad that he takes the time to make sure readers understand key concepts
Decent refresher / intro-text for the useless ones in your finance/accounting department. Nothing you can't get off Investopedia.
TOC:
PART 1: ACCOUNTING 1. Accounting Basics 2. Balance Sheet 3. Income Statement 4. Cash Flow Statement 5. Fraud and Manipulation 6. Financial Analysis
PART 2: FINANCE 7. Cost of Capital 8. Valuation 9. Wall Street Basics: Stocks and Bonds 10. Wall Street Part Deux: Arbitrage, Derivatives and Hedge Funds 11. Mergers and Acquisitions 12. Currency 13. Real Estate 14. Commodities
Read the 2nd edition. It's a good introductory book to basic finance concepts for people who have not studied finance before. Like the way how the author presents the concepts with interesting background story and narrative. Definitely worth a read for people who want to understand some accounting and finance.
A well organized book, but too simple for anyone who works with Finance. This book is aimed at those who are searching for basic knowledge, and certainly does not have not a "MBA"-like content. The first chapters on accounting and corporate finance are good, but the last few are very shallow.