Math for Managers is a practical summary of formulas every manager needs. The book is organized into logical chapters, and each formula introduced includes an example and the Excel program needed to make the process of calculation simple. It adds a practical side to the challenge of calculating the sometimes complex formulas of compound interest, rates of return, breakeven after tax liability, balance sheet and income ratios, depreciation, reports and budgets, proration, statistics, and more. Additional appendices are provided to explain incredible math shortcuts. This book will benefit managers and executives at any level within an organization, as well as academic instructors and business students. Michael C. Thomsett is a market expert, author, speaker, and coach. His many books include Stock Market Math, Candlestick Charting, The Mathematics of Options, and A Technical Approach to Trend Analysis.
This book is a review of the analytical methods required in most of the quantitative courses taught at MBA programs. Students with no technical background, or who have not studied mathematics since college or even earlier, may easily feel overwhelmed by the mathematical formalism that is typical of economics and finance courses. These students will benefit from a concise and focused review of the analytical tools that will become a necessary skill in their MBA classes. The objective of this book is to present the essential quantitative concepts and methods in a self-contained, non-technical, and intuitive way.
In this accessible, prescriptive, and widely applicable manual, Google’s first engineering director and current Innovation Agitator Emeritus provides critical advice for rethinking how we launch a new idea, product, or business, insights to help successfully beat the law of market failure: that most new products will fail, even if competently executed. Millions of people around the world are working to introduce new ideas. Some will turn out to be stunning successes and have a major impact on our world and our culture: The next Google, the next Polio vaccine, the next Harry Potter, the next Red Cross, the next Ford Mustang. Others successes will be smaller and more personal, but no less meaningful: A restaurant that becomes a neighborhood favorite, a biography that tells an important story, a local nonprofit that cares for abandoned pets. Simultaneously, other groups are working equally hard to develop new ideas that, when launched, will fail. Some will fail spectacularly and publicly: New Coke, the movie John Carter, the Ford Edsel. Others failures will be smaller and more private, but no less failure: A home-based business that never takes off, a children’s book that neither publishers nor children have any interest in, a charity for a cause too few people care about. Most people believe that their venture will be successful. But the law of market failure tells us that up to 90 percent of most new products, services, businesses, and initiatives will fail soon after launch—regardless of how promising they sound, how much we commit to them, or how well we execute them. This is a hard fact to accept. Combining detailed case studies with personal insight drawn from his time at Google, his experience as an entrepreneur and consultant, and his lectures at Stanford University and Google, Alberto Savoia offers an unparalleled approach to beating the beast that is market failure: “Make sure you are building The Right It before you build It right,” he advises. In The Right It, he provides lessons on creating your own hard data, a strategy for market engagement, and an introduction to the concept of a pretotype (not a prototype). Groundbreaking, entertaining, and highly practical, this essential guide delivers a proven formula for ensuring ideas, products, services, and businesses succeed.
Project Math is not another project management exam prep book. If you only want a primer to just get you thru the math questions on the certificate exam; keep looking. This book contains all the mathematics you will encounter on the project management exam, plus a whole lot more that is not on the exam; such as using Microsoft® Excel® to resolve project management issues and make better real world decisions. Project Math includes the stuff you will encounter in the real world of project management, not just on the exam. For example, it not only describes "rough order of magnitude" and "definitive estimates," it explains when each should be used to convey information (not just numbers). It also includes "ballpark estimates" and "wild ass guesses" (WAGs) and even "scientific wild ass guesses" (SWAGs). It covers the simple math topic of rounding, but it also includes why rounding is appropriate and sometimes necessary to properly communicate your message to your stakeholders. If you want to be a better project manager, a better agile coach or a better scrum master, this book is for you. If you are an aspiring project team member wanting to become a project manager, this book is for you. If you are a project sponsor, or a business analyst, this book is for you. If you are an engaged project stakeholder, this book is for you. If you want to run a better project management offices, this book is for you. If you want to learn how to use Microsoft® Excel® to solve complex project management problems, this book is for you. If you want to compare the total project risk between alternative projects, this book is for you. If you want to define the total cost or duration of your project as optimistic, pessimistic and most likely, this book is for you. Project managers are skilled leaders, team builders, motivators, conflict resolvers, negotiators, and coaches. They have good "people skills" but their toolbox might be only half full. Successful project managers also have good decision making and communicating skills. They know how to use quantitative and qualitative analysis to make the right decisions, and they know how to summarize data and make meaningful presentations to team members, sponsors, and other stakeholders. Great project managers are equally prepared to deal with people and with numbers. They are "ambidextrous thinkers," equally skilled at using their left brain and their right brain. They are equipped to handle any issue; opportunity or threat; quantitative or qualitative. Great project managers have all the necessary tools in their toolbox, and they know how and when to use each of them. If that is your objective, to be a great project manager, this book is for you.
Mathematics and Statistics for Financial Risk Management is a practical guide to modern financial risk management for both practitioners and academics. Now in its second edition with more topics, more sample problems and more real world examples, this popular guide to financial risk management introduces readers to practical quantitative techniques for analyzing and managing financial risk. In a concise and easy-to-read style, each chapter introduces a different topic in mathematics or statistics. As different techniques are introduced, sample problems and application sections demonstrate how these techniques can be applied to actual risk management problems. Exercises at the end of each chapter and the accompanying solutions at the end of the book allow readers to practice the techniques they are learning and monitor their progress. A companion Web site includes interactive Excel spreadsheet examples and templates. Mathematics and Statistics for Financial Risk Management is an indispensable reference for today’s financial risk professional.
In this book, nationally renowned scholars join classroom teachers to share equity-oriented approaches that have been successful with urban high school mathematics students. Compiling for the first time major research findings and practitioner experiences from Railside High School, the volume describes the evolution of a fundamentally different conception of learners and teaching. The chapters bring together research and reflection on teacher collaboration and professional community, student outcomes and mathematics classroom culture, reform curricula and pedagogy, and ongoing teacher development. Mathematics for Equity will be invaluable reading for teachers, schools, and districts interested in maintaining a focus on equity and improving student learning while making sense of the new demands of the Common Core State Standards. Book Features: Core principles of an equity-centered mathematics program. Examples of how to focus and organize the collaborative work of a math department to develop a shared pedagogy. Student experiences with an equity pedagogy that focuses on building perseverance, flexibility in thinking, and deep conceptual understanding. Connections between reconceptualizing learners and teaching, and achieving deep mathematics learning and equitable outcomes. Contributors include: Jo Boaler, Ilana Seidel Horn, Judith Warren Little, and Rachel Lotan. “Mathematics for Equity provides a kaleidoscopic view, in the voices of teachers, researchers, and students themselves, of one of the nation’s most ambitious and successful attempts at teaching mathematics for equity. It shows what it takes to create a climate that supports students and teachers in engaging in meaningful mathematical activity—and, alas, how vulnerable such environments are to the wrong kinds of ‘accountability.’ Read it and learn.” —Alan H. Schoenfeld, University of California at Berkeley “Want to fix what's wrong with mathematics instruction in your school? Read this book with your colleagues and do what it inspires you to do. Written by the brave teachers and former students who did it, as well as researchers.” —Phil Daro, writing team, Common Core Standards, Strategic Education Research Partnership
The benefits of reading stories to our children at nighttime have been shared countless times over, and for good reason. Reading promotes literacy. Why is it that we don't do math with our children before bed? This book is a collection of prompts that can inspire mathematical discussions that you and your children can have before bed, at dinner, or at anytime.
Step-by-Step Business Math and Statistics is written to help those who need a quick refresher on mathematics and statistics as the foundation of a rigorous MBA program. This book fills the gap left by many textbooks that are often dedicated to either mathematics or statistics, but not both. It also serves as both a textbook that describes basic concepts and a workbook that shows plenty of examples and exercise problems. This book covers only the most fundamental topics in business mathematics and statistics and truly lays down the basic concepts step by step. Step-by-Step Business Math and Statistics covers the essentials of mathematics and statistics, including: - Algebra Review - Calculus Review - Optimization Methods - Applications to Economics - Data Collection Methods - Probability Theory - Sampling Distributions - Multiple Regression Analysis Jin Choi is Associate Professor of Economics in the Kellstadt Graduate School of Business at DePaul University (Chicago, Illinois). He specializes in teaching quantitative topics such as business mathematics, statistics, forecasting, and quantitative investment analysis. He also teaches topics on money and banking and serves as a member of the board of directors of a $555 million community bank in Chicago. He received the Excellence in Teaching award in 2007 from DePaul University and emphasizes practical use of theory in his teaching.
You can get there Where do you want to go? You might already be working in a business setting. You may be looking to expand your skills. Or, you might be setting out on a new career path. Wherever you want to go, Business Math will help you get there. Easy-to-read, practical, and up-to-date, this text not only helps you learn fundamental mathematical concepts needed for business, it also helps you master the core competencies and skills you need to succeed in the classroom and beyond. The book's brief, modular format and variety of built-in learning resources enable you to learn at your own pace and focus your studies. With this book, you will be able to: * Understand the business uses of percent calculations. * Solve business problems using algebraic equations. * Learn why stores markup and markdown their inventory. * Calculate different types of discounts. * Examine different banking options. * Compare personal, sales, and property taxes and the implications of taxing income, property, and retail sales. * Calculate simple and compound interest and learn how each affects the future value of money. * Explore the uses of promissory notes, mortgages, and credit cards and how to calculate the cost of each. * Learn different ways to determine the loss of value of business property and equipment, and the effect of depreciation on taxes. * Examine financial statements and learn how to read the income statement and the balance sheet. * Learn how to calculate the mean, median, mode, and range of data. Wiley Pathways helps you achieve your goals When it comes to learning about business, not everyone is on the same path. But everyone wants to succeed. The new Wiley Pathways series in Business helps you achieve your goals with its brief, inviting format, clear language, and focus on core competencies and skills. The books in this series--Finance, Business Communication, Marketing, Business Math, and Real Estate--offer a coordinated curriculum for learning business. Learn more at www.wiley.com/go/pathways.
