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P**Y
I will rate this book as one of the best. Most of the books on financial modeling talk ...
A must read for all those who are into financial modeling. The book deals with all practical issues one faces while building financial models. I probably have all the books on Financial Modeling that are available in Amazon website. I will rate this book as one of the best. Most of the books on financial modeling talk about business valuation. One rarely finds a good book on project finance modeling (the Euromoney book is an exception). This book fills the void and in one book, you get the fundaments of both corporate and project finance modeling.In addition, the author describes some useful macros that will save lot of your time.
R**Y
Good book
Gook book. clearly layed out, however you do need some fundamental knowledge
A**N
Very good book
This book is great. Author gives a lot of inside tips that you would only learn on the job. Its an easy read and not too technical.I would suggest to watch the numerous youtube videos as well that are found on the authors site.
M**D
Some solid tips and tricks, but beware the downsides
I bought this book before working for a project financed business, but also have a background in corporate FP&A and feel comfortable commenting on those pieces as well.There are several nice tips and tricks that you can pick up in this book to help with financial modelling:- How to structure model timelines (e.g., to support history vs. forecast, phases of project financing, etc.);- How to set up cash waterfalls;- How to merge historical information with future information.Two big downsides prevent a higher rating:- As discussed in other reviews, the notes in the Excel models are creepy. Wiley should really force an edit to these if they haven't already.- The author uses a non-standard VBA-based method to implement unavoidable circular logic in models (e.g., Debt Service Reserve Accounts, interest based on average debt balances, etc). Most professional models have standardized on the "circuit breaker" approach (i.e., a named range with a 1/0 that is referenced within any interest or debt reserve accounts, allowing someone to turn off circular logic as needed to repair iterative calculations). If the reader cares about building models that will be recognizable to others in the field, I'd suggest the reader implement via iteration and circuit breakers any of the iterative formulas the author implements in VBA.
S**I
Highly recommended.
This is the most understandable and comprehensive resource available on the subject. I have been able to immediately implement many of the concepts into my business. Highly recommended.
C**N
Letra y cuadros muy pequeños
Todavia no lo lei. Pero la letra y los cuadro son ilegibles... Tal vez la version Kindle sea mejor. Pero hay que usar aumento..
E**E
Five Stars
An excellent book, makes it easy to understand financial modeling
D**4
Very poorly organized and the website files are creepy.
This book is very poorly organized and very wordy, meaning the author uses thirty words when five are sufficient.A quick example of the poor organization is in Chapter 4. The chapter is primarily dedicated to theory, and describing six different types of financial models, but for some reason in the middle of the chapter, there's a section on how to use the INDEX function. There's nothing before that section or after it that provides any context for why it's there. He also covers how to use the index function again in Chapters 15 and 24. There's several examples of this type of poor organization throughout the book.Also, the website files are creepy. In many of the documents, there's a line that says "Last Saved By:", and couple of the names populated are Monika Lewenski and Tanya Harding, along with others like it. I wont even enable any of the macros anymore. I really don't trust the source.That said, there's a couple of good ideas on how to improve your modeling, but you have to search for them, and it's probably not worth paying for the book.
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