Based on a popular class taught by a Harvard Business School professor.
If you're not a numbers person, then finance can be intimidating and easy to ignore. But if you want to advance in your career, you'll need to make smart financial decisions and develop the confidence to clearly communicate those decisions to others.
In How Finance Works, Mihir Desai--a professor at Harvard Business School and author of The Wisdom of Finance--guides you into the complex but endlessly fascinating world of finance, demystifying it in the process.
Through entertaining case studies, interactive exercises, full-color visuals, and a conversational style that belies the topic, Professor Desai tackles a broad range of topics that will give you the knowledge and skills you need to finally understand how finance works. These include:
How different financial levers can affect a company's performance
The different ways in which companies fund their operations and investments
Why finance is more concerned with cash flow than profits
How value is created, measured, and maximized
The importance of capital markets in helping companies grow
Whether you're a student or a manager, an aspiring CFO or an entrepreneur, How Finance Works is the colorful and interactive guide you need to help you start thinking more deeply about the numbers.
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Mihir Desai is the Mizuho Financial Group Professor of Finance at Harvard Business School and a Professor of Law at Harvard Law School. An award-winning teacher and a leading scholar of corporate finance and tax policy, Professor Desai has been educating varied student populations for nearly twenty years, including senior executives from around the world, MBA students, undergraduates, and lawyers. Professor Desai has published more than 25 case studies and a casebook, and he has testified before the US Congress on policy issues. He is the author of Wisdom of Finance (2017), which was long-listed for the Financial Times & McKinsey Business Book of the Year Award.
Author social media/website info: mihirdesai.org/
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“数字是枯燥乏味的,隐藏在数字背后的现实及人的行为会让它变得有趣起来。”
财务与金融紧密相连,人人都需要财务思维,体现为明白经济活动与财务数据的关系及能够用财务的逻辑去思考商业问题。会计解决信息不对称,但通过会计准则及审计,减弱了信息不对称问题。金融市场中,一方面企业吸引投资者融资,投资者需要通过财务报表了解企业的发展情况,是否值得进行投资,投资的回报如何;而在涉及到对企业投资时,则需要通过财务报表中的数据对企业进行估值。
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