The Essential Financial Toolkit: Everything You Always Wanted to Know About Finance But Were Afraid to Ask (IESE Business Collection)

Math And Jargon Make Essential Financial Concepts Seem Intimidating, But That Is Simply Because Most Books Do Not Have The Goal Of Being Accessible To Interested Readers As This Book Does. In Ten Easy-to-read Chapters, It Explains All The Essential Financial Tools And Concepts, Fully Illustrated With Real-world Examples And Excel Implementations. Returns -- Mean Returns -- Risk: Standard Deviation And Beta -- Diversification And Correlation -- Required Returns And The Capm -- Downside Risk -- Risk-adjusted Returns -- Npv And Irr -- Multiples -- Bonds. Javier Estrada. Includes Index. Math and jargon make essential financial concepts seem intimidating, but that is simply because most books do not have the goal of being accessible to interested readers -- this book does. In ten easy-to-read chapters, it explains all the essential financial tools and concepts, fully illustrated with real-world examples and Excel implementations. This book is designed to help executives and students get to grips with some of the basic financial tools, quickly and easily. Whether you have never been exposed to finance at all, have learned some but not properly, or just need to refresh your memory, this engaging little book will soon have you up to speed with the fundamental concepts, enabling you to confidently apply them or go on to study them at a more advanced level. The ten, easy-to-read chapters are presented in a Question and Answer format, following the dialogue between a 'Witty Professor' and an 'Insightful Student'. The Student asks all the burning questions on your behalf and the friendly explanations are intended to make you feel as if you have the instructor right there in front of you. No prior knowledge of finance is necessary in order to enjoy and benefit from this book - as long as you more or less remember your high-school mathematics you'll be fine. The short chapters are jargon-free. The essential tools and concepts are fully illustrated with real data from real-world examples Front Matter....Pages i-ix Returns....Pages 1-13 Mean Returns....Pages 14-31 Risk: Standard Deviation and Beta....Pages 32-46 Diversification and Correlation....Pages 47-63 Required Returns and the CAPM....Pages 64-80 Downside Risk....Pages 81-95 Risk-Adjusted Returns....Pages 96-115 NPV and IRR....Pages 116-135 Multiples....Pages 136-155 Bonds....Pages 156-170 Back Matter....Pages 171-183