Scientific Financial Management: Advances in Financial Intelligence Capabilities for Corporate Valuation and Risk Assessment [With CDROM]

by Thomas L. Doorley and Morton Glantz

Scientific Financial Management is a complete tool kit to deploying advanced, state-of-the-art financial techniques for defining a firm's strategic direction... explaining optimal capital allocation... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0814405002
• ISBN13: 9780814405000
• Release Date: January 2000
• Publisher: Amacom
• Length: 432 Pages
• Weight: 2.14 lbs.
• Dimensions: 1.4" x 7.3" x 10.4"

Customer Reviews

Utter Brilliance!

This text provides the tools necessary to make an informed decision as a member of the financial senior management team. The most valuable element of the book is its current and future approach to valuation. The modeling techniques allow the reader to properly access and implement innovative methods for proper and precise valuation. Thank you Mr. Glantz for making me look smarter to my boss and other senior members of my large capitalization company.

Don't Bother Reading the Review Entitled "Don't Bother"

In sharp contrast to the anonymous reviewer from Toronto, I found the book to be highly instrumental for a busy professional who found the "loosely-connected" chapters to be highly helpful as each unit serves as a complete stand-alone section loaded with very useful insights.Without particular understanding into Prof. Morton's background or motives in writing the book, reviewers, such as the mysterious reader from Canada, are well-advised to refrain from cynical, flippant and irrational commentaries. Smug remarks, wholly unjustified, referring to the book as nothing more than a "coffee-table book" are only helpful...in the kindergarten playground.

Real Options Made Practical

Mort Glantz has written a very practical and helpful book tohelp managers apply modern techniques of finance to real lifesituations. The book is excellent value for money because of itsdemystifying discussions and step by step application of all those socalled sophisticated analytical techniques we hear about but areafraid to use. For example, we hear a lot said about using optionpricing theory to project analysis and capital budgeting."Scientific Financial Management" takes this theory andapplies it to project assessment using real option theory in a valueenhancing way. The book not only takes you step by step through thetheory but also includes software to help apply it from the verybeginning. Now the manager who was just absorbing the implications ofdiscounted cash flow analysis can find easy ways to use real optionstechniques in assessing investment decisions plus other sophisticatedtechniques such as monte carlo simulation. The combination ofpractical handbook and application software is a unique opportunityfor any financial manager wanting to close knowledge gaps but alsoimprove the decision making process in assessing capital budget andproject risk.

State-of-the-Art Financial Management

Highly challenging, thorough presentation of state-of-the-art financial techniques for corporate valuation and risk assessment. The focus of this book is necessary and long overdue in today's fast changing business environment. It does not only discuss theory, but teaches the reader practical methods for deployment of these scientific applications. A great addition to any business reference library. I highly recommend it.