How Finance Works: The HBR Guide to Thinking Smart About the Numbers
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Based on a popular class taught by a Harvard Business School professor, How Finance Works is your gateway into the intricate yet endlessly captivating realm of finance. Authored by Mihir Desai, a professor renowned for his engaging style in The Wisdom of Finance, this guide demystifies finance through entertaining case studies, interactive exercises, vibrant visuals, and a conversational approach that makes the topic accessible.
Professor Desai covers a diverse range of topics, providing you with the knowledge and skills necessary to comprehend the intricacies of finance. From understanding how various financial levers impact a company's performance to exploring different funding mechanisms for operations and investments, the book delves into why finance prioritizes cash flow over profits. It also elucidates how value is created, measured, and maximized, emphasizing the pivotal role of capital markets in facilitating a company's growth.
Whether you're a student, manager, aspiring CFO, or entrepreneur, How Finance Works serves as a colorful and interactive guide, encouraging you to delve deeper into the world of numbers with confidence and understanding.