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Title: The Portable MBA in Finance and Accounting, 3rd Edition by John Leslie Livingstone, Theodore Grossman ISBN: 0-471-06185-9 Publisher: John Wiley & Sons Pub. Date: 19 October, 2001 Format: Hardcover Volumes: 1 List Price(USD): $34.95 |
Average Customer Rating: 4.33 (6 reviews)
Rating: 4
Summary: Balanced and packed
Comment: This book has what you will need in a portable MBA. It is selective, has scope and completeness and is fast paced. You will need to be very focused to read it but that is only expected.
Rating: 5
Summary: I liked it
Comment: I liked the way the book didn't get bogged down in too much math. The capital budgeting chapters were clear, much more to the point than the textbooks I tried to read.
Rating: 3
Summary: decent but flawed
Comment: As a liberal arts major, I desperately needed to familiarize myself with business finance concepts during the year prior to my MBA program (I'll start B-School in Fall 2001), and turned to "The Portable MBA in Finance and Accounting" for help due to the "best in class" reputation of the series. Though not entirely disappointed, I really do not feel this book lived up to its top billing.
I found a lot of the sections unclear, mostly because the authors skimp on the necessary math, trying to describe numeric concepts with words; Sort of like "using a screwdriver to carve roast beef," as Tom Robbins once quipped. Additionally, the Portable MBA series' format, with different authors each writing a chapter, detracts from the book's cohesiveness. A book by one author (or several edited into one continuous voice) tends to hold together better. For example, I got more out of the briefer introduction to fiscal management, "Finance and Accounting for the Non-Financial Manager" by Steven Finkler due to its one-voice cohesiveness than I did from the Portable MBA.
On the up side, the first chapter is a brilliant exposition on how day-to-day business activities translate into the standard accounting reports. This section also illustrates how a manager can use spreadsheets to observe how changing prices or costs affect the "bottom line," and how financials can be used to build a strategy. I also found the chapter on budgeting quite helpful. However, when the book delves into finance, the lack of math really begins to take its toll. If it weren't for the Finkler book, I doubt I would have the faintest idea what capital budgeting was all about. All things considered, "The PMBA in F&A" is a decent but flawed book. However, when it is on, it is brilliant.
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Title: The Portable MBA in Strategy by Liam Fahey, Robert M. Randall ISBN: 0471197084 Publisher: John Wiley & Sons Pub. Date: 15 January, 2000 List Price(USD): $34.95 |
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Title: The Portable MBA in Economics by Philip K. Y. Young, John J. McAuley ISBN: 0471595268 Publisher: John Wiley & Sons Pub. Date: March, 1994 List Price(USD): $39.95 |
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Title: The Portable MBA, 4th Edition by Robert F. Bruner, Mark R. Eaker, R. Edward Freeman, Robert E. Spekman, Elizabeth Olmsted Teisberg, S. Venkataraman ISBN: 0471222844 Publisher: John Wiley & Sons Pub. Date: 08 November, 2002 List Price(USD): $34.95 |
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Title: The Ten-Day MBA: A Step-By-step Guide To Mastering The Skills Taught In America's Top Business Schools by Steven A. Silbiger ISBN: 0688137881 Publisher: Quill Pub. Date: 06 October, 1999 List Price(USD): $15.00 |
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Title: The Portable MBA in Marketing by Charles D. Schewe, Alexander Hiam ISBN: 0471193674 Publisher: John Wiley & Sons Pub. Date: 06 April, 1998 List Price(USD): $39.95 |
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