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Vault Guide to Advanced Finance & Quantitative Interviews
Vault Guide to Advanced Finance & Quantitative Interviews

Paperback
Author: Jennifer Voitle
Publisher: Vault, Inc.
Release Date: 2002-09-25
ISBN-10: 1581311729
ISBN-13: 9781581311723
List Price: $39.95
Average Customer Rating:
Score = 3.5 Score = 3.5 Score = 3.5 Score = 3.5 Score = 3.5
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Summaries and Customer Reviews are supplied by Amazon.com

Summary:
Professional career guide from the Vault Career Library covering bond fundamentals, statistics, derivatives (with detailed Black-Scholes calculations, fixed income securities, equity markets, currency and commodity markets, risk management.

Customer Reviews
Average Customer Rating: Score = 3.5 Score = 3.5 Score = 3.5 Score = 3.5 Score = 3.5

Embarrassing
Customer Rating:  Score = 1 Score = 1 Score = 1 Score = 1 Score = 1
I am not quite sure who is supposed to read this book. I am about to finish my M.Sc (Industrial management and engineering) and almost everything (98%) in this book was known to me.

Regarding all the errors, I stopped marking them at about the 20th page. It is really terrible how there can be so many factual errors in one book (by far the worst book I have seen at least). E.g. the part on CAPM where it says that beta must be a nonnegative number.

Please do not buy this book, at least not until the second edition has come out!

Errata
Customer Rating:  Score = 5 Score = 5 Score = 5 Score = 5 Score = 5
Hi, thanks for all of the comments. I was not aware that there were many typographical errors and I will go through the book very carefully over the next month so that hopefully soon (Jan 15, 2006 is my target) there will be an errata sheet posted on my website, treasuryfinance.com. Plus, I hope to add some spreadsheets used in the book and even a few new questions. Thanks again. (Sorry, I was forced to add a rating or I would not have been allowed to submit this).

Potentially Good But Spoiled by Errors
Customer Rating:  Score = 3 Score = 3 Score = 3 Score = 3 Score = 3
Considering the academic qualifications of the author, I expected more from this book. I have a finance degree from the top undergrad business program and bought this book to review some topics for an interview. There are some places where the author's explanation takes a leap that is simply hard to follow. In some example problems she works out, there are major errors as the math gets worked out, which ruin the lesson. Because this book is an overview of important finance topics, each example problem is that much more important to the learning value. The errors make it hard to put faith in this book. Hopefully these errors get corrected in future versions, as I feel this book has the potential to be a very good tool.

maybe good for MBA
Customer Rating:  Score = 3 Score = 3 Score = 3 Score = 3 Score = 3
The book might be good for someone with MBA as a general review but definitelly not for someone preparing for quant job/interview.

For that purpose "Heard on the Street: Quantitative Questions from Wall Street Job Interviews" is at least 100 times better.


Everything you learned in your MBA but forgot!
Customer Rating:  Score = 5 Score = 5 Score = 5 Score = 5 Score = 5
This book is a great review for anyone who has taken finance courses yet may not have retained as much as they would like. I picked up this book after graduating from an MBA program, and found myself saying, "oh yeah, I forgot about that" on many occasions. Overall, it's a keeper that has earned a spot on my professional bookshelf.

























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