Thursday, November 7, 2013

Next Generation Excel: Modeling in Excel for Analysts and MBAs (Wiley Finance), 1st Edition, Isaac Gottlieb




Rutgers professor, Dr. Isaac Gottlieb demonstrates an array of advanced financial and accounting functions in this practical Excel modeling book. He shows how to quickly create models that deliver accurate, relevant information related to efficiency, forecasting, and a host of other business and reporting issues. This book describes how Excel can be used efficiently to help build your spreadsheet for a variety of purposes. As an MBA student, an analyst or an executive you could become a spreadsheets expert.

I heartily recommend this book to anyone that uses Excel on a daily basis for business analysis or for MBA students. Early in the introduction, Dr. Gottlieb promises that if you use Excel for 10 hours a week or more, this book will save you hundreds of hours per year. He delivers!

You don't need to build an excel spreadsheet to calculate that this book is worth many times its cover price to users of excel. Even if you are a "power user" you will quiclky find tips that will make you more efficient.

I was fortunate enough to take an Excel class from Dr. Gottlieb a few years ago during the "crash math course" week while getting an MBA at Columbia University. I don't want to offend any of my esteemed professors, but those few hours with Dr. Gottlieb were probably more useful than several of my semester-long courses to me. I currently use Excel for 3-4 hours per day to analyze stocks at my hedge fund and his tips have saved me hours and helped to make my graphical representation of data look top-notch.

This book is not a basic "how-to" or "for dummies" book on Excel. It is the perfect book for you if you use Excel frequently, but are frustrated that you have to perform certain repetitive keystrokes or clicks to get it do what you want. Perhaps you want your charts to look better. Maybe you didn't even know that you could have custom lists built in, for example, instead of manually entering FQ01, FQ02, etc. You can add trend lines to graphs; you can format parts of graphs differently than other parts. You can name cells, groups of cells to make your work easier.

Dr. Gottlieb exposes the many keystroke shortcuts that can make your daily grind with Excel less laborious. His book is laid out in a very concise, neat organization. I think the best way to really benefit from it is to power through entire sections that apply to your work and try his examples. He provides some problems at the end of each chapter (he is in academia, after all) but mercifully; he provides the answers, too!

This book is only about 280 pages long, but don't let that fool you, if you compare it to some other Excel books with 800 pages. He has more time-saving information in it than books 2 or 3 times as long. The beauty of his book is everything he shows is something an analyst using Excel in the real world actually uses it for. He is not just running through every menu, detailing every useless capability of Excel, like the other books.

This is the key advantage to Dr. Gottlieb's book. He has a list of over 50,000 people that he sends his "tip of the month" to and they (like me) are not shy about emailing him questions. This gives him keen insight into what real Excel jockeys are interested in, and he addresses those issues in this book. Get it today and you will discover many things that Excel can do for you, in a much easier way than you are using it today!

Product Details :

  • Series: Wiley Finance (Book 623)
  • Hardcover: 250 pages
  • Publisher: Wiley; 1 edition (December 2, 2009)
  • Language: English
  • ISBN-10: 0470824735
  • ISBN-13: 978-0470824733
  • Product Dimensions: 1.1 x 7.8 x 10.5 inches


More Details about Next Generation Excel: Modeling in Excel for Analysts and MBAs (Wiley Finance), 1st Edition

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