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Finance (Barron's Business Review Series)

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Title: Finance (Barron's Business Review Series)
by Angelico A. Groppelli, Ehsan Nikbakht, A. A. Gropelli
ISBN: 0-7641-1275-9
Publisher: Barrons Educational Series
Pub. Date: October, 2000
Format: Paperback
Volumes: 1
List Price(USD): $14.95
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Average Customer Rating: 4.43 (7 reviews)

Customer Reviews

Rating: 5
Summary: Great MBA program, or CLEP prep
Comment: Your Business Review series is excellent. While this series was not designed for CLEPs or any of the other standardized examinations universities use to test accomplished areas of knowledge, I have found the entire series crucial for just that. Particularly as I am entering an MBA program. These volumes were precisely what I needed, and I have been telling everyone with even slight interest in these topics about them. Specifically, I am referring to the following books of the series (by title): Accounting, Business Statistics, Economics, Finance, Management, and Marketing.

Rating: 5
Summary: Im Only 14!!!
Comment: Great book! I could actually stay focused, very interesting but has a whole lotta information. I decided to read this book because Im buying another on mergers and acquistition, and it recommended some prior knowledge of finance and accounting, I thought it would be a hassle, but it was a valuable experience and I learned alot. Id recommend this book to ANYONE...

Rating: 2
Summary: Pretty awful
Comment: Reading the other reviews on this book, I can't help but wonder whether we are talking about the same book.

I've read a few books on finance in my time and this one arguably is the worst one of all.

The structure of the book is bad. Concepts are put into practice many chapters before they are introduced. Example: the balance sheet is defined from page 425 (!) onward although, of course, sentences like "this shows up on the right-hand side of the balance sheet" appear much earlier in the book. The line of reasoning at times is so muddied that I wonder whether the authors understood things themselves. This is underlined by a large number of downright errors.

To be fair, there are some positive sides to the book (hence 2 stars): individual chapters contain boxes named "you should remember" which contain helpful summaries. There are sections intended for practice (including answers) that I would like to see in many other textbooks. Also, some of the sections are actually well-written, interesting and important. It's just that consistency is totally lacking.

My conclusion is that, although there are sections in the book that are excellent, a beginner in the subject will not be able to distinguish them from the less succesful material it is interspersed with. Certainly not recommended for the audience it is intended for.

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