Downloadable Excel files in English, Spanish, and Portuguese are provided on the author's IESE Blog to help with practical calculations.
In the modern corporate landscape, financial literacy is no longer just for accountants and CFOs. Whether you are leading a marketing team, managing operations, or heading human resources, understanding the financial implications of your decisions is crucial. Finance for Managers by Eduardo Martínez Abascal is a highly regarded text that bridges this gap, providing a practical, accessible approach to corporate finance designed specifically for managers of "normal," non-listed companies.
: Using tools like Excel for financial modeling and assessment.
Once a manager decides what to invest in, they must evaluate how to pay for it. The author carefully weighs the structural compromises of business financing:
Is this for an , an executive MBA , or personal career development ?
Determining the real market worth of business units or firms. Key Takeaways for Today's Modern Executive
Finding the weighted average cost of all funding sources to set hurdle rates. Essential Ratios for Everyday Management
Basics of reading Profit and Loss statements and Balance Sheets to assess a company’s health.
Managers frequently need to pitch new projects, technology, or equipment. The book teaches how to evaluate these investments using key metrics, such as:
Simply possessing a PDF of Finance for Managers won't change your career. You have to apply the "Abascal Method." Here is a three-step plan for managers:
Ensure your sales team understands how granting extended payment terms to clients hurts the company's Working Capital Requirements. Conclusion