Kamis, 29 Desember 2011

[G360.Ebook] Ebook Free Benefit Transfer of Environmental and Resource Values: A Guide for Researchers and Practitioners (The Economics of Non-Market Goods and Res

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Benefit Transfer of Environmental and Resource Values: A Guide for Researchers and Practitioners (The Economics of Non-Market Goods and Res

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Benefit Transfer of Environmental and Resource Values: A Guide for Researchers and Practitioners (The Economics of Non-Market Goods and Res

This book provides a comprehensive review of environmental benefit transfer methods, issues and challenges, covering topics relevant to researchers and practitioners. Early chapters provide accessible introductory materials suitable for non-economists. These chapters also detail how benefit transfer is used within the policy process. Later chapters cover more advanced topics suited to valuation researchers, graduate students and those with similar knowledge of economic and statistical theory and methods. This book provides the most complete coverage of environmental benefit transfer methods available in a single location.

The book targets a wide audience, including undergraduate and graduate students, practitioners in economics and other disciplines looking for a one-stop handbook covering benefit transfer topics and those who wish to apply or evaluate benefit transfer methods. It is designed for those both with and without training in economics

  • Sales Rank: #2621301 in Books
  • Published on: 2015-06-03
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.21" h x 1.31" w x 6.14" l, .0 pounds
  • Binding: Hardcover
  • 582 pages

From the Back Cover

This book provides a comprehensive review of environmental benefit transfer methods, issues and challenges, covering topics relevant to researchers and practitioners. Early chapters provide accessible introductory materials suitable for non-economists. These chapters also detail how benefit transfer is used within the policy process. Later chapters cover more advanced topics suited to valuation researchers, graduate students, and those with similar knowledge of economic and statistical theory and methods. This book provides the most complete coverage of environmental benefit transfer methods available in a single location.

The book targets a wide audience, including undergraduate and graduate students, practitioners in economics and other disciplines looking for a one-stop handbook covering benefit transfer topics, and those who wish to apply or evaluate benefit transfer methods. It is designed for those both with and without training in economics

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Rabu, 28 Desember 2011

[H237.Ebook] Download Ebook Teach Yourself Reflexology (Teach Yourself - General), by Chris Stormer

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Teach Yourself Reflexology (Teach Yourself - General), by Chris Stormer

This new edition of 'teach yourself Reflexology' contains not only spiritual insight into the links between mind and body, and the feet in particular, but also a brand new series of chapter headings designed to direct the reader directly to the practical guidance and tools they need to apply the material to their benefit. It will analyse the background and context of reflexology, the link between thought, wellbeing and feet, and also give immediate and proven, easy to follow techniques for foot massage. It shows readers how reflexology can help with common ailments, in addition to offering a fully updated section on further reading material and resources, as well as plenty of clearly illustrated diagrams and line drawings.

  • Sales Rank: #6153038 in Books
  • Published on: 2007-01-01
  • Original language: English
  • Number of items: 1
  • Dimensions: 7.76" h x .67" w x 5.12" l,
  • Binding: Paperback
  • 256 pages

About the Author
Chris Stormer is a lecturer and speaker on Complementary Medicine and the founder of the Reflexology Institute of South Africa; he has written widely on reflexology.

Most helpful customer reviews

0 of 0 people found the following review helpful.
Quick reference section good illustrations.
By Susan Blackstone
Fabulous book find!!! Step by step instructions on Universal Reflexology.
Quick reference section good illustrations.

8 of 10 people found the following review helpful.
Great guide that is jam packed with useful information
By A Customer
A wonderfully layed out book that is very beneficial to the new students of Reflexology. I find that I use the book constantly with clients or on my own for my research. This is a must have for anyone who is interested in Reflexology.

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Minggu, 11 Desember 2011

[J111.Ebook] PDF Download An Introduction to the Lightning Process: The First Steps to Getting Well, by Phil Parker

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An Introduction to the Lightning Process: The First Steps to Getting Well, by Phil Parker

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An Introduction to the Lightning Process: The First Steps to Getting Well, by Phil Parker

You may have already heard about the extraordinary results achieved by people using the Phil Parker Lightning Process� to transform and enhance their lives, health and success. This book has been designed both as an essential first step for all those intending to take a Lightning Process� seminar and also as a resource for discovering more about how this unique training programme can make a difference in anyone’s life.

  • Sales Rank: #204195 in eBooks
  • Published on: 2012-09-24
  • Released on: 2012-09-24
  • Format: Kindle eBook

Review
Astonishing, swift and simple. The Independent We'd been searching for five years to find a cure for my wife Louise's M.E. We found the Lightning Process(R) delivered that cure. Louise is now completely recovered and our future is brilliant again. Having seen the Lightning Process(R) in action, I'm convinced it is the most powerful way to make rapid changes in any area of your life. -- Austin Healy, former England rugby international I have been very impressed with the results of the Lightning Process(R). I have seen the lives of some of my patients transformed by this self-empowering technique. Everyone who has battled with chronic illness and wants to win should have an opportunity to do the Lightning Process(R). -- Dr Rajesh Munglani, MB BS DCH DA FRCA FFPMRCA, pain consultant

About the Author
Phil Parker is an internationally renowned lecturer, therapist and innovator in the field of personal development. His training as a hypnotherapist, executive coach, certified master practitioner of NLP and osteopath give this book a unique perspective and provide new solutions to meet the challenges and opportunities of life in the 21st century. www.lightningprocess.com

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22 of 23 people found the following review helpful.
An ad for his Lightning Process--based on insecurity?
By Tea
Full disclosure: I've only read 75% of this book and am probably not going to finish it. It's poorly written, poorly planned, and based in insecurity.

Parker spends pages and chapters haranguing you about how you have to believe that there's a mind/body connection. (OK, OK, I do.)

He includes zillions of testimonials but they all scrupulously omit any description of his process.

He includes a whole aggrieved chapter trying to refute the bad things people have said about him on the Internet. (Phil, honey, just a hint: If no one is saying bad things about you on the Internet, it's probably because no one is talking about you there at all.)

My main difficulty, though, is that the book is pretty much an ad for his course, yet he says almost nothing concrete about it. Unfortunately, given that it's expensive and requires traveling somewhere, and that his customer base is largely people who have CFS/ME who can neither get around well nor earn a living any more, this seems mean-spirited at best and devious at worst. He seems to believe that any wheelchair-bound person can leave their children behind, dig up an attendant to travel with them at any time, and drop quite a bit of money, simply on his repeated assertions that it will all be OK as long as they believe. (Come on, Tinkerbelle!)

It's too bad because I can agree with the one thing he does say, that CFS may involve a bad feedback loop which produces constant physical-emergency responses in the body. But a good premise doesn't automatically translate into a good treatment.

I have no doubt (with insecurity positively reeking from the pages) that part of Parker's fears involve others stealing his methods. But he needs to recognize that more fully describing his methods is merely showing basic respect to those with limited resources of cash and energy. Other practitioners of various types describe their methods fully and still fill seminars, since written material and personal guidance really aren't the same.

Perhaps Mr. Parker needs to take his own process (which he claims also helps OCD, perfectionism, and fear of failure--surely it could help insecurity?) and then rewrite this book. As it is, my disappointment with its skimpiness ends up suggesting I'll also be disappointed with a skimpy course.

2 of 2 people found the following review helpful.
woo woo at its best
By Amazon Customer
doesnt spell out the process adequately
suspiciously claims to be a panacea for many condition-my snake oil detector is buzzing.
the lightning process has not been formally and thoroughly studied.
the lightning process buzz-or whatever buzz their is, is heavily dependant on testimonials, and testimonials themselves, do not constitute evidence of efficacy. i believe we should support real research into the medical aspects of ME. in my opinion the lightning process is what scientists call, woo-woo-

1 of 2 people found the following review helpful.
A Great First Step To A Life Of Health And Happiness
By Annie Scornavacca
This book is a must read for anyone who is thinking of undergoing the Lightning Process and anyone who wants to see things in a brand new way. This book was completely in tune with my ides about the mind and its connection to the body but a lot of people's minds are blown by the information inside.

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Jumat, 25 November 2011

[F563.Ebook] Fee Download Practical Procedures in Orthopaedic Trauma Surgery, by Peter V. Giannoudis, Hans-Christian Pape

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Practical Procedures in Orthopaedic Trauma Surgery, by Peter V. Giannoudis, Hans-Christian Pape

This highly illustrated textbook provides an essential guide for surgeons in training. It follows a step-by-step approach to performing a surgical procedure. It includes details of positioning the patient, the approach and reduction technique, the implant to be inserted, protocols for postoperative mobilization, complications to look for, when the patient should be seen in the outpatient clinic and whether the implant should be removed. Intraoperative pictures have been incorporated to make the surgeon aware of all the important issues involved. It covers the most common trauma procedures that surgeons in training are expected to perform during their residency. Each procedure has been written by an expert. This will be an invaluable resource for the resident in training during the long on-call nights in the hospital while preparing for the operations necessary to help trauma patients.

  • Sales Rank: #3810517 in Books
  • Brand: Brand: Cambridge University Press
  • Published on: 2007-01-15
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.69" h x .71" w x 7.44" l, 1.60 pounds
  • Binding: Paperback
  • 334 pages
Features
  • Used Book in Good Condition

About the Author
Peter V. Giannoudis, MB BS, BSc, MD, FRCS is Professor of Trauma and Orthopaedic Surgery, School of Medicine, University of Leeds and Leeds General Infirmary University Hospital, Leeds, UK.

fm.author_biographical_note2

Most helpful customer reviews

2 of 2 people found the following review helpful.
Basic Surgical manual
By KL
Nice book, a range of trauma procedures, could be a bit more detailed but then I suppose it would be a much bigger book, good pictures and clearly written. Good for a new orthopaedic resident.

0 of 0 people found the following review helpful.
Four Stars
By Michael O'Sullivan
Satisfied customer

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Jumat, 18 November 2011

[J411.Ebook] Ebook Developing Safety-Critical Software: A Practical Guide for Aviation Software and DO-178C Compliance, by Leanna Rierson

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Developing Safety-Critical Software: A Practical Guide for Aviation Software and DO-178C Compliance, by Leanna Rierson



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Developing Safety-Critical Software: A Practical Guide for Aviation Software and DO-178C Compliance, by Leanna Rierson

The amount of software used in safety-critical systems is increasing at a rapid rate. At the same time, software technology is changing, projects are pressed to develop software faster and more cheaply, and the software is being used in more critical ways. Developing Safety-Critical Software: A Practical Guide for Aviation Software and DO-178C Compliance equips you with the information you need to effectively and efficiently develop safety-critical, life-critical, and mission-critical software for aviation. The principles also apply to software for automotive, medical, nuclear, and other safety-critical domains.

An international authority on safety-critical software, the author helped write DO-178C and the U.S. Federal Aviation Administration’s policy and guidance on safety-critical software. In this book, she draws on more than 20 years of experience as a certification authority, an avionics manufacturer, an aircraft integrator, and a software developer to present best practices, real-world examples, and concrete recommendations.

The book includes:

  • An overview of how software fits into the systems and safety processes
  • Detailed examination of DO-178C and how to effectively apply the guidance
  • Insight into the DO-178C-related documents on tool qualification (DO-330), model-based development (DO-331), object-oriented technology (DO-332), and formal methods (DO-333)
  • Practical tips for the successful development of safety-critical software and certification
  • Insightful coverage of some of the more challenging topics in safety-critical software development and verification, including real-time operating systems, partitioning, configuration data, software reuse, previously developed software, reverse engineering, and outsourcing and offshoring

An invaluable reference for systems and software managers, developers, and quality assurance personnel, this book provides a wealth of information to help you develop, manage, and approve safety-critical software more confidently.

  • Sales Rank: #608521 in Books
  • Brand: imusti
  • Published on: 2013-01-07
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.21" h x 1.31" w x 6.14" l, 2.10 pounds
  • Binding: Hardcover
  • 610 pages
Features
  • CRC Press

Review

"It is easy to notice the author’s extensive and hands-on knowledge in the domain. ... Such experience emanates from the book pages. ... The book is a must for anyone engaged in developing, verifying, or certifying airborne systems. ... [It] offers very clear but relatively concise explanation of the process of developing software-intensive aviation systems under guidance of RTCA DO-178C and related documents. The book does an outstanding job of providing necessary basics with very practical ‘dos and don’ts’. ... can be used as a base reference for software aspects of airborne systems development process."
―Andrew J. Kornecki, Embry Riddle Aeronautical University

"This book provides practical guidance for cost-effective safe software. Ms. Rierson distilled the key elements from her experiences and multiple projects into a concise, easy-to-understand book. ... This book demonstrates how, when done properly, safe software development can avoid the inefficiencies and bureaucracy sometimes associated with certification and DO-178. ... What differentiates this book is its honest, real-world recommendations and the insights into the significance of the various DO-178C objectives. If projects took her guidance seriously and implemented it from the start, I believe the projects would cost a fraction of ‘check-box’ projects and result in safer software."
―Wendy Ljungren, GE Aviation

"The book is well researched, and is based on the experiences of a knowledgeable regulator and a practitioner. Leanna’s style is easy to read. It explains the terse but precise guidance given in regulations using terms that are easy to understand. ... The topic is made very approachable through a combination of three styles. It uses a narrative form so the book reads like a story, with the development of arguments and reasoning of an essay, and the certification experiences of the author like an autobiography. The result is an engaging book that is hard to put down."
―George Romanski, Verocel, Inc.

About the Author

Leanna Rierson is an independent consultant in software, complex electronic hardware, and integrated module avionics (IMA) development for safety-critical systems, with emphasis on civil aviation. She has more than 20 years of experience in the software and aviation industry. Rierson spent nine years as a software and avionics specialist at the U.S. Federal Aviation Administration (FAA)―five of those in the position of chief scientific and technical advisor for aircraft computer software. Rierson has published numerous papers, led many national and international engineering teams and workshops, and developed courses, policies, handbooks, and guidance material for the FAA. She served as a subgroup cochair and editorial team leader on the RTCA special committee that wrote DO-178C and six other related documents. Rierson has taught DO-178B, and now DO-178C, to hundreds of professionals. She is an FAA Designated Engineering Representative (DER) with Level A authority in the software and complex hardware technical areas. She has worked with numerous aircraft and avionics companies, including Boeing, Cessna, Learjet, Embraer, Rockwell Collins, GE Aviation, Honeywell, and numerous others. She is currently working part-time for the Rockwell Collins avionics certification team.

Most helpful customer reviews

5 of 5 people found the following review helpful.
Very nice technical depth and very handy for practioners
By The Doc
I'm fairly new to DO-178 in general, but this book took me from a novice to an intermediate knowledge level. Leanna, as I found out, is a very well respected and well known authority in the avionics safety world. FAA site still has many of the paper and her thesis on their site. I'm very happy to have learned from her book. One really negative thing I must say is more toward the publisher than to the contents or author. The book print quality is absolutely horrible! I used stickies to mark my pages, and when I took the stickies off, the text for the most part has also pealed away with the stickies! Talk about one time use books. CRC, please do better print quality, I used to respect your books.

0 of 0 people found the following review helpful.
This is how you do it
By M. S.
If you have to select only one book on DO-178c / 278a this would be my pick. This book explains how to develop software in order to pass avionics certification. This book goes beyond the RTCA documents. I work as V&V manager, and am using this book to help me teach new employees, think that Leanna has great way to present complex things in a simple and understandable way.

0 of 0 people found the following review helpful.
Essential for anyone involved in the certification on airborne software or the aircraft or engine using it.
By David A Braun
Ms. Rierson does a great job of explaining the keys to airborne software certification and the associated hardware. From planning to execution the finer points are laid out. The processes she describes can be applied to any safety critical project including the medical and security industries.

The book itself is fixed in text size which could be a problem for older readers, but the ability to make it highly portable and the ease of highlighting and notating such a complicated subject more than outweighs the lack of text scaling.

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Kamis, 17 November 2011

[H456.Ebook] Fee Download Beginning ASP.NET 4.5 in C#, by Matthew MacDonald

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Beginning ASP.NET 4.5 in C#, by Matthew MacDonald

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Beginning ASP.NET 4.5 in C#, by Matthew MacDonald

This book is the most comprehensive and up to date introduction to ASP.NET ever written. Focussing solely on C#, with no code samples duplicated in other languages, award winning author Matthew MacDonald introduces you to the very latest thinking and best practices for the ASP.NET 4.5 technology.

Assuming no prior coding experience, you'll be taught everything you need to know from the ground up. Starting from first principals, you'll learn the skills you need to be an effective ASP.NET developer who is ready to progress to more sophisticated projects and professional work.

You'll be taught how to use object orientation and code-behind techniques to lay out your code clearly in a way other developers can easily understand. You'll learn how to query databases from within you web pages, spice up your layouts using ASP.NET AJAX and deploy your finished websites to production servers. You'll also learn how to debug your code when things go wrong and the performance and scalability issues that can affect your web projects as they grow.

With you book you can take your first step towards becoming a successful ASP.NET developer with confidence.

  • Published on: 2012-10-24
  • Dimensions: 9.25" h x 1.82" w x 7.52" l,
  • Binding: Paperback
  • 924 pages

About the Author
Matthew MacDonald is an author,educator, and MCSD developer who has a passion for emerging technologies. He isthe author of more than a dozen books about .NET programming. In a dimly-remembered past life, he studied English literature and theoretical physics.

Most helpful customer reviews

10 of 10 people found the following review helpful.
Great overview of ASP.NET
By Rob W.
This was my first foray into the ASP.NET world. I had previously worked on an Outlook plug-in that utilized C#, so I'm not unfamiliar with the coding language or the Visual Studio platform. As a result, the first few chapters were essentially review, though I read them anyway since there is usually a nugget or two I can pick up from the review. I found the book to be very well-organized with some great examples. In addition, all of the coding examples could be pulled from the website in situations where you get stuck. Relating to that, there were a few examples in the book that didn't seem to work right out of the box, but the process of figuring those out helped me to learn. I will say, and it has been repeated by other reviewers, that at times it was a little frustrating to learn about a particular concept and then find out chapters later that there is a much better way to do it and thus you'd gone over the other one essentially as reference (e.g. raw ADO.NET vs. LINQ and the Entity Framework). Now, I don't tend to mind that as much, as it gives me another opportunity to learn. Plus, you never know when you might need to use the older way to accomplish something (backward compatibility, customization, etc.).

I've experienced other reference guides that continue to build on one example, so you can see it evolve and how the newer items improve your life. This one, however, relies on disjointed examples. The pro of this is that you start with a clean slate each chapter (in some cases multiple clean slates depending on the number of concepts covered), the con is that you don't get a chance to see what happens when you drop some different code into a program that is already geared to run on something else, and being forced to compensate for it. I did this on my own for some of the projects just to see that dynamic in action. However, all in all, the examples were quite good and illustrated many things within the ASP.NET framework that I definitely would not have visited were it not for this book.

This book was a great first look at ASP.NET for me, and has been serving as a great reference guide as I've been tooling around on a small project. Relating to that, I will say that the index at the back has been less-than-helpful when I needed to look up some specific items that I knew I had come across at some point in the book.

I would definitely recommend this book to anyone who is looking to get into the ASP.NET world.

13 of 16 people found the following review helpful.
The word "Beginning" shouldn't be in this book
By EvilMustang
I'm 120 pages into the book and there still isn't 1 example. I flip ahead and basically very few examples.. and tons of talk about debugging.

The book is clearly intended for someone who's familiar with programming in C# but just wants alittle help with Visual Studio or the unique aspects of ASP.net 4.5

Choose the Imar Spaanjaars book if your a beginner. 40 pages in and i've already made 2 simple websites. HUGE DIFFERENCE!

4 of 5 people found the following review helpful.
Great Book
By Daniel Beaulieu
This is a great book overall, very thorough. However, it's annoying that the author doesn't tell you which file your working in. Which fortunately was pretty easy to determine, usually... there were a couple of times where i couldn't figure out what file he was working in because the code didn't represent any of the practice files yet required another page to make it run. It's just an annoying thing to waste time on when your trying to learn something.

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Rabu, 16 November 2011

[H211.Ebook] Ebook Free Financial Modeling, by Simon Benninga, Benjamin Czaczkes

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Financial Modeling, by Simon Benninga, Benjamin Czaczkes

This textbook aims to bridge a gap between theory and practice in financial courses by providing a nuts-and-bolts guide to solving common financial models with spreadsheets. Simon Benninga takes the reader step by step through each model, showing how it can be solved using Microsoft Excel. In this sense, this is a finance "cookbook", providing recipes with lists of ingredients and instructions. Areas covered include the computation of corporate finance problems, standard portfolio problems, option pricing and applications, and duration and immunization. The author includes a set of chapters dealing with advanced techniques, including random number generation, matrix manipulation, and the Gauss-Seidel method. Although the reader should know enough about Excel to set up a simple spreadsheet, the author explains advanced Excel techniques such as functions, macros, the use of data tables, and VBA programming. The book comes with a disk containing Excel worksheets and solutions to end-of-chapter exercises.

  • Sales Rank: #1785183 in Books
  • Published on: 1997-10-03
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.50" h x 7.25" w x 1.50" l,
  • Binding: Hardcover
  • 415 pages

About the Author
Simon Benninga is Professor of Finance at Tel Aviv University and Visiting Professor of Finance at the Wharton School at the University of Pennsylvania.

Most helpful customer reviews

130 of 139 people found the following review helpful.
the single most useful book for finance students and professionals ever published
By Bachelier
Simon Benninga's 3rd Edition of Financial Modelling with Excel is the single most useful book for finance students and professionals ever published and continues to offer an outstanding reference and textbook for students and practitioners of applied finance.

For further information, please use the "Look Inside" feature and examine the Table of Contents carefully, because I will emphasize selected portions.

It is difficult to overstate how useful and practical and helpful this work is for a wide audience and Financial Modelling is the single finance book I recommend for everyone after they have taken (or read themselves) Introductory Finance.

For those looking for "one-stop-shopping" for models that resemble those of professional financial analysts then there is no better value than Benninga's FM3.

Benninga's FM3 is a coal-face work for those who must make financial decisions using models. There are further specialist texts in topics covered here (credit modelling, portfolio construction, option pricing), but the models in FM3 are the first advanced models applied to loans, bonds, options, and equity portfolios. Master these and then specialized texts are easier to digest.

"Cookbook" metaphors are too strong and do not do this work justice, for Financial Modelling 3rd (FM3) is not a mere collection of recipes but rather topical introduction, explanation, and then direct technique.

If we can make a comparison with a "cookbook" then FM3 falls somewhere between "The Joy of Cooking" and "Mastering the Art of French Cooking." "Joy" combines chapters on technique, ingredients, and tools with dense pages of endless recipes, whereas "Mastering" emphasises technique and a few well-selected recipes.

The welcome new chapters cover bank valuation, the Black-Litterman approach to portfolio optimization, and Monte Carlo methods and applications to option pricing, and the previous 2nd edition's small chapter on using array functions and formulas has been expanded. The chapter on data downloads from YAHOO is also welcome, especially for those on a budget.

There is a single significant flaw in the work, which is excusable and redeemable. Far too often the discounting in the chapters is done over a flat interest rate curve. While the term structure of interest rates is covered, and historical term structures and parallel shifts and steepening and flattening is covered in isolation in a thorough chapter and with wonderful data files, the necessity and explicit connection of discounting from an appropriate yield curve is left implied and only mentioned in a few exercises. I would have preferred a "round up" chapter where each of the subjects treated (bond discounting, portfolio expected returns, options, etc.) under a yield curve with advanced models. Sure BLOOMBERG and REUTERS have these sort of things (often incorrectly) programmed, but students need to learn explicitly about them and do the exercise themselves to comprehend the importance of curve discounting.

The CD attached in the back of the book is alone worth the price, with over two score of models that are practical and adaptable for students and professionals alike. The files are stored and separated according to chapters and subject matter. Each file has logical progression of the concepts advanced in the book, and each separate sheet either stands alone or appropriately links to data and models on other sheets, so editing for your own purposes is a breeze.

For those who want to train themselves in Finance (not "personal finance") then I suggest reading Copeland, Weston, & Shastri's Financial Theory and Corporate Policy (4th Edition) and Brealey, Myers, and Marcus's "Corporate Finance" and "Investments" followed by working through FM3. Such a course would give any self-disciplined person the equivalent of a Masters of Science in Finance.

Full disclosure: I am thanked in the "Acknowledgements" for providing a few helpful comments on the second edition.

107 of 114 people found the following review helpful.
Quick Tip
By SelfTraining
Rather then comment extensively on the content of the book (as others have done rather well), I felt like I would pass this tip (which I wish I had known to prevent frustration). I feel that anyone without a working knowledge of Visual Basic, and manuevering around Excel should obtain the skill set with the well written technical sections. I would suggest starting with part VI introduction to Visual Basic (chapters 36-41) then moving on to Technical Consideration (chapters 29-35) and THEN moving onto the substantial matter of the first 4 parts. This will help keep you from getting frustrated while interacting with the software and allow you to focus on the concepts. Again this is only for individuals without a working knowledge of the platforms, if you do possess those skills then the above recommendation is a moot point.

256 of 258 people found the following review helpful.
The Best Choice for Fundamental Financial Modeling
By Bachelier
I have used Simon Benninga's "Financial Modeling with Excel" for five years to teach undergraduate computational finance [...]. My thinking remains that my students have been well served by this textbook.

The inadequacies that limit my assessment to four stars and need to be addressed in the third edition are: 1) frustrating errors in the text and models, for which the errata sheet and corrected models (available at: [...] only improve, but do not heal. My students find new, undocumented, errors each semester. 2) the data sets and examples are getting, frankly, a little old. It is the year 2005 as I write this, but the data sets and examples end in 1999, a year in which my current students were in high school. 3) the models, while excellent as introductions to the field, are now at the point of being fundamental, rather than exemplary. This is not Prof. Benninga's fault, but as the other reviews from professionals here attest, Excel modeling has advanced in all fields (option pricing, financial statements, portfolio optimization, bond metrics, etc). When this volume was introduced, it was adequate for helping MBA and Master of Science in Finance students build essential modeling skills. Sadly, it now is only appropriate for raw beginners or undergraduates. A new text with a larger scope that addresses advances in the fields is called for. 4) While it is a subject in itself, the book is seriously hindered by not introducing basic Monte Carlo simulation in Excel. 5) No information on downloading data from BLOOMBERG, REUTERS, and other historical and market data providers. It would add to the scope of the text, but 6) fitting DCF models to yield curves also would be welcome.

Even with these criticisms, Benninga's Financial Modeling remains the best book in the field for what it seeks to accomplish. It covers the major topics of finance that are appropriately addressed with models: financial statement, firm valuation and credit metrics, portfolio construction, fixed income metrics, option pricing, etc. Benninga's FM also compares favorably with his two nearest competitors.

Powel and Baker's "The Art of Spreadsheet Modeling" is a two pronged monster: it seeks to be a meta-level theoretical work on spreadsheet modeling, and then introduces modeling Monte Carlo simulation as a fundamental component of Excel (a student edition of CrystalBall is included in the text, and is the only reason to buy this book). The gap between the two is a Grand Canyon's worth of knowledge space that this text does not fill in and nearly ignores. The student who uses only Powel and Baker is ill served; whereas if he uses Benninga, he knows how, why, when and what to model. Consider Powel & Baker as sketches of a concept car with simulated wind tunnel runs, whereas Benninga shows how to build your own kit car and drive it around. Powel and Baker's concept car is beautiful, advanced, gracious, but doesn't exist and doesn't run; Benninga's kit car is like a Lotus Super Seven: simple, runs, is a blast to drive, but is dangerous in heavy traffic and you would not want to go on a 1,000 mile journey with it (i.e. or build a DCF model for the Goldman Sachs LBO team with only Benninga).

Chandan Sengupta's "Financial Modeling Using Excel and VBA" is the only book that comes close to Benninga, and I recommend it as another perspective for my students who want to continue with financial modeling. However, Sengupta's work is flawed on two counts: 1) it is clear throughout that he had read Benninga, and 2) he dropped much of Benninga's content in favor of adding wordy explanatory paragraphs to soften the blow of the fact that modeling is mathematically and technically both boring and intense work. With those criticisms in mind, his work still has neater, leaner, more compressed models with updated contemporary detail.

There are three other books, Scott Proctor's "Building Financial Models with Microsoft Excel: A Guide for Business Professionals," which focuses on building vanilla financial statements, as does John Tjia "Building Financial Models." Mary Jackson & Mike Staunton's "Advanced Modeling in Finance using Excel and VBA" is also now dated and seriously flawed and limited in scope), however it is the next step following Benninga.

For those working in top-tier banks, the internal training and modeling documents, and examples built by colleagues, will likely surpass by light years what is offered in these books. And so for beginners, Benninga remains the the best choice and first step, until something better comes along, or Benninga himself produces a new edition.

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