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Mastering Risk Modelling : A Practical Guide to Modelling Uncertainty with Excel

Mastering Risk Modelling : A Practical Guide to Modelling Uncertainty with Excel

List Price: $34.95
Your Price: $23.77
Product Info Reviews

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Rating: 2 stars
Summary: Bargin Bin Only
Review: Mastering Risk Modelling has a few tricks and references that makes the book an excellent candidate for a bargain bin pickup. There is just enough information to make a newbie dangerous and not enough to add to the practioner's body of knowledge.
This book is not the place to start if you are new to spreadsheet modelling and/or risk modelling. The CD included is severely limited with the bulk of examples void of formulas and code. However, the book is not explicit enough to be a good "How To" and the risk methodologies are not explained in depth enough for a newbie to put into practice.
If you are a practitioner, you will find some nifty tricks, reminders, and some cut'n'paste vba that would take you ~15 min to write. However, the book is simply not sophisticated enough to put into practice.

The book is most suited to a recent MBA with some time on his/her hands to goof around in excel; an intern tasked with building a spreadsheet quickly; a practitioner that needs a jumpstart or wire frame for a task; or, perhaps, an accountant or finance geek that wants to understand business line concepts better.

Rating: 3 stars
Summary: Practical guide
Review: The book covers a comprehensive aspect of everyday modelling requirements for practitioners. Since it is very dependent on Excel spreadsheet for all the modelling, having the sample template of the chapters on your PC will help a lot. Unfortunately, the CD that comes with the book cannot be install into my PC that runs on WinXP. Error message of not enough disk space will come up upon installation (my PC has 8G of free space)......sad. Hope the publisher will come up with a patch for the CD.


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