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MBA Books - Good books to read prior to MBA [Merged]

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MBA Books - Good books to read prior to MBA [Merged] [#permalink] New post 06 Jan 2009, 10:33
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i'm looking forward to all the time i'll have back once apps are over. i wanted to find out the must reads prior to entering b-school.

nytimes had a great article a while back about ceo libraries and what they reveal about the leader.
http://www.nytimes.com/2007/07/21/busin ... aries.html

here's an excerpt
Forget finding the business best-seller list in these libraries. “I try to vary my reading diet and ensure that I read more fiction than nonfiction,” Mr. Moritz said. “I rarely read business books, except for Andy Grove’s ‘Swimming Across,’ which has nothing to do with business but describes the emotional foundation of a remarkable man. I re-read from time to time T. E. Lawrence’s ‘Seven Pillars of Wisdom,’ an exquisite lyric of derring-do, the navigation of strange places and the imaginative ruses of a peculiar character. It has to be the best book ever written about leading people from atop a camel.” Students of power should take note that C.E.O.’s are starting to collect books on climate change and global warming, not Al Gore’s tomes but books from the 15th century about the weather, Egyptian droughts, even replicas of Sumerian tablets recording extraordinary changes in climate, according to John Windle, the owner of John Windle Antiquarian Booksellers in San Francisco.

so, what are those books that professors reference all the time, jock mbas mention to act like they know what's up, or books your bosses are reading? and since i don't want to spend all my time reading only about management or leadership, what other insightful, witty, life-changing books have you read?


Books Recommended in This Thread and the Number of Recommendations

Finance Books
1. Blue Blood and Mutiny: The Fight for the soul of Morgan Stanley
2. Handbook of Corporate Finance: A Business Companion to Financial Markets, Decisions and Techniques
3. Banker to the Poor - book about the Grameen Bank and microfinance in the third world, and delves into how capitalism and the free market can be harnessed to return value to vulnerable communities x3
4. Liar's poker - a bit dated but its gives you a sweet intro to the S&T world x2
5. Ugly Americans (HFs)
6. When Markets Collide
7. Damn it feels good to be a banker - And Other Baller Things You Only Get to Say If You Work On Wall Street x2 - by Leveraged Sellout (it looks brilliant if it's the same quality as the blog)


Economics Books
1. Travels of a T-shirt - is pretty fun, written by a prof at georgetown - she explores the global economy (and the institutions that govern it) by following the creation, life, and death of your average t-shirt.
2. The World is Flat - Do not Buy
3. Passionate Economist
4. The Long Tail: Why the Future of Business is Selling Less of More
5. The End of Poverty - Harvard Alum and Professor at Columbia's Global Earth Institute, Sachs presents interesting, simple (perhaps even common sense) solutions to tackling the following obsctackes we will face in the upcoming century namely: the environment, poverty (extreme - less than $1-2/day) and population growth (in the poorest countries).
6. Common Wealth - regarding Jeffrey Sachs - as someone who works in international development, I'd like to point out that for all his popularity among the general public, most people working in the field think a lot of his "big ideas" are sheer lunacy. Particularly the idea of a "big push" to massively increase the amount of official development aid to developing-world governments. He's a very smart guy, and End of Poverty (as well as Common Wealth) are both interesting books with a lot of good information - but the policy prescriptions they contain are totally off the mark.
7. The White Man's Burden - t provides an outstanding analysis of not only successes and failures of trying to develop the third world, but at lot of it also applies to life in general (politics, economics, society, etc).
8. The Forgotten Man
9. The Chicago School - For those thinking about going to Chicago and going to economics
10. Vienna and Chicago, Friends or Foes? - For those thinking about going to Chicago and going to economics
11. Rise and fall of great powers by Paul Kennedy. though i read it about 10 years ago(when the book was too good for me). i immensely liked it. It beautifully captures a history of all great powers(economic and military) from sixteenth century to mid twentieth century. wonderful analysis and breadth in my humble opinion.


Leadership Books
1. A Whole New Mind: Why Right-Brainers Will Rule the Future
2. We need Managers, Not MBAs - It's a scathing look at MBAs. If anyone reads this again, please keep an eye out for the part where he reveals the statistics that something like 70% of MBAs quit their jobs within two years of graduating (suggesting that the vast majority pick "wrong"). I cant find the exact stats anymore, so please, if you see it, take note of the page

Behavioral Books
1. Blink: The Power of Thinking Without Thinking - There's a little pop psychology to it, but it has some interesting insights.
2. Fooled by Randomness
3. Outliers - Malcolm Gladwell: I had thought about many of the theories he exposes way before this came out, but it's still an interesting/easy/quick read.
4. Predictably Irrational - is by a fuqua prof that is a total boy genius. it's behavioral econ.
5. Why We Buy - if you have any interest in running a business that is consumer-facing (CPG, banking, retail, restaurants, the post office) this is a must-read. or if you just wanna know why the bananas are where they are in the grocery store. Behavioral Econ.
6. Nudge: Improving Decisions About Health, Wealth, and Happiness by Richard H. Thaler - written by a lawyer and an economist from the University of Chicago. The book sort of sits at the intersection of public policy and business, and provides examples of how consumers can be 'nudged' towards decisions that are in their economic/physical/emotional/etc... best interest. You get the point after the first few chapters, but it's worth finishing nonetheless. (recommended by CS11)


Investment Banking Books
1. More than Money by Mark Albion - No, its not a rant against banking - he says thats the right path for some - but it is a very real depiction of MANY MBA attitudes and it will make you consider your goals. Frankly, in retrospect, this short book is probably the single most important thing I could have read before getting my MBA. It so accurately captures exactly what so many of us have thought or felt at some point - about jobs, about money, about careers - I virtually promise that it will resonate with you at some level. Its also worth noting its a short and easy read.
2. Tearing Down the Walls: How Sandy Weill Fought His Way to the Top of the Financial World. . .and Then Nearly Lost It All - to all future investment bankers
3. Monkey Business - which was a very quick read that provides an interesting look into the IB landscape in recent times. x2
4. Barbarians at the Gate - really is a must read. I thought it was great and included all of the major Wall Street legends, Kravis, Wasserstein, Fortsman, Lipton, etc. x2
5. Risk Takers
6.Pioneering Portfolio Management
7. The accidental investment banker - Jonathan Knee - pretty funny; give you a very good idea over the Ibank world. Not great though.
8. Den of Thieves - well-researched book that brings up a number of scandals involving Michael Milken, Ivan Boesky, Martin Siegel, and others
9. 21. When Genius Failed
10. The Money Culture by Michael Lewis - It is a collection of articles published by Michael Lewis in various magazines in the late 1980s and early 1990s. I thought it made a brilliant read not just because Michael is a very funny guy. His articles were very insightful and, in some cases, prophetic. He has consistently been critical of levels of debt in wall street since the 1980s (if only everyone else took notice). He takes particular joy in poking fun at the LBO players and the value they add to a takeover target. His criticism of the American Express card had me splitting my sides laughing. This book will not be too much fun for those without enough knowledge of wall street history (especially of the 80s and early 90s when Japan and not China was considered threat #1 to US supremacy). A recommended light read for those long flights to b-school. (recommended by BSD Lover)
11. Reminiscences of a Stock Operator - This book is a timeless classic for anyone moving to any form of trading / investment (recommended by BSD Lover)


M&A Books
1. M&A Titans M&A Titans: The Pioneers Who Shaped Wall Street's Mergers and Acquisitions Industry - about some of the legendary dealmakers in Wall Street's golden era (recommended by JB32)
2. Deals from Hell: M&A Lessons that Rise Above the Ashes - (especially relevant for future Darden IB's since it was written by a Darden prof.) - case study about 10 of the worst deals of all time. (recommended by JB32)
3. The Big Deal by Bruce Wasserstein - The book is loooooooooonnnngggg (like 1,000+ pages), but provides a history of deal making by industry from the 1950's up through 2001 (published in 2002). It's amazing how much M&A shaped many of the familiar brands we know today. Then, the second half of the book chronicles how a deal gets done and who the main players are. I would recommend this book for anyone that wants to be a dealmaker. (recommended by JB32)


Design Thinking Books
1. The Design of Business: Why Design Thinking is the Next Competitive Advantage - Martin shows how leading companies such as Procter & Gamble, Cirque du Soleil, RIM, and others use design thinking to push knowledge through the stages in ways that produce breakthrough innovations and competitive advantage.
2. Change by Design: How Design Thinking Transforms Organizations and Inspires Innovation - Tim Brown, CEO of IDEO, introduces the idea of design thinking and it′s a human−centered approach to problem solving that helps people and organizations become more innovative and more creative.


Accounting Books
1. The Portable MBA in Finance and Accounting

Marketing Books
Why We Shop: The Science of Shopping" by Paco Underhill. I found it very interesting especially for those with an interest in CPG, brand management, marketing, retail and even consulting. Its a quick read and very entertaining. I definitely find myself thinking differently every time I walk into a store now.

Management Books
1. How Would You Move Mount Fuji?: Microsoft's Cult of the Puzzle -- How the World's Smartest Companies Select the Most Creative Thinkers - to all future Management Consultants...
2. The Halo Effect:... and the Eight Other Business Delusions That Deceive Managers - Wow! Good book. It pretty much blows apart a lot of the analysis people do to find out what makes a company "successful".

International Relations and Policy Books
1. confessions of an economic hit man
2. Rise and Fall of Empires
3. Shock Doctrine - Naomi Klein: Must read. it opened my mind to sooo many things. please go read it, it gets long but towards the end it's amazing.
4. Creating a World Without Poverty: Social Business and the Future of Capitalism - Sixty percent of the world's population live on 6% of the world's income. The author argues that capitalism, if it accepts a social conscience out of self-preservation, can eventually develop a world where poverty is on the decline.
5. The Post American World - By far one of the most accessible poly-sci books around. Zakaria presents brutally honest opinions on the state of the U.S. in contrast to the rest of the World. He brings forth the challenges that face the U.S. and the world in the 21st century. Good read, not heavy at all.
6. No Logo is a bit dated but a lovely attack on globalization. if i weren't already too old, i'd grow up to be naomi klein.
7. Fortune at the bottom of the pyramid. by Dr CK Prahalad. a must read for all those interested in social entrepreneurship and non-profit careers.


Career and Networking Books

1. Ahead of the Curve x2 - best book I've read on business school - more specifically HBS - looking at a top bschool from the pov of a non-business candidate gave me an amazing idea of the whole thing.
2. Never Eat Alone - Its a great book about the power of networking and how to build a strong network


Green Books
1. Hot, Flat, and Crowded - which is about why we need a green revolution. While i'm just 1/3 of the way through, it's excellent so far... He's got some hard facts scientifically, politically, and economically about why we need to care about our planet and makes it easier for me to explain to another layperson why we need a green revolution.
2. Green to Gold by Daniel Esty x2

IT and Operations
1. Black Swan - not recommended (I read part of the book when it came out but just got sick of it and never finished. If true "black swan" events by definition cannot be predicted or foreseen in any way, what's the point of it?)
2. The Goal - is something you'll probably read in your ops class. the best textbook ever, the worst novel ever. i'm a closet ops geek, so i dug it.

Poker and Gambling Books
1. Harrington on Hold 'em Expert Strategy for No Limit Tournaments - Dan Harrington
2. Read 'em and reap 'em
3. Bringing down the house

Fiction and Other

1. The prince - Niccolo Machiavelli: I don't know why but I recently picked it up and it's full of pretty interesting stuff. It is not about business but it gives you an idea of how Power was seen in the 1500.
2. Guns, Germs, and Steel - overview of Human Civilization, focusing on the question why Eurasians took over other continents rather than inhabitants of other continents - a bit repetitive but a good read - a lot of interesting information
3. Nathan McCall's Them - t's an interesting read, and a great book to invoke discussion amongst peers who view the world differently.
4. 9. A Long Way Gone: Memoirs of a Boy Soldier - (not for the faint-hearted; story of a young boy in Africa). A diary/journal of sorts of a young boy who escaped the "recruitment" of rebels in Sierra Leone. Witness of death and consumed by drugs at a young age, he manages to escape through a very graphic yet inspiring story. Now in the U.S.
5. The snowball - Biography about Warren Buffet - I got this one as a present and thought it would be amazing, however I still haven't really started loving it (ive read around 25% of it- its looong) but I guess if you like biographies then you'll like it. x2
6. The Last Tycoons - “Cohan's thoroughness—he interviewed over 100 current and former bankers and assorted bigwigs—unearths a trove of colourful titbits, many quite racy . . . Illuminating are Mr. Cohan’s descriptions of the scheming, politicking, and general dysfunction that was Lazard.”
Economist
7. Atlas Shrugged - the last and best of Ayn Rand's books - beware 1,000 pages and not really a travel size.


Other Book Links:
Books that help improve English and are Fun to read
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Last edited by alexsr on 04 Jul 2010, 08:49, edited 14 times in total.
Added Books (Reminiscences of a Stock Operator and Money Culture, Nudge)
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Re: Good books to read prior to MBA [#permalink] New post 17 Jan 2009, 09:06
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Must Read:
1. More than Money by Mark Albion
No, its not a rant against banking - he says thats the right path for some - but it is a very real depiction of MANY MBA attitudes and it will make you consider your goals. Frankly, in retrospect, this short book is probably the single most important thing I could have read before getting my MBA. It so accurately captures exactly what so many of us have thought or felt at some point - about jobs, about money, about careers - I virtually promise that it will resonate with you at some level. Its also worth noting its a short and easy read.

2. We need Managers, Not MBAs
It's a scathing look at MBAs. If anyone reads this again, please keep an eye out for the part where he reveals the statistics that something like 70% of MBAs quit their jobs within two years of graduating (suggesting that the vast majority pick "wrong"). I cant find the exact stats anymore, so please, if you see it, take note of the page.

Books that suck:
1. The World is Flat: Allow me to condense 500 pages for you. A guy in India can call a guy in Florida whenever he wants. They can interact online, with webcams and with phones. Your taxes can be done in Bangalore while you sit in the Bahamas.

2. Blue Ocean Strategy: Also crap
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Re: Good books to read prior to MBA [#permalink] New post 07 Jan 2009, 13:25
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Twilight. If you dont <3 Edward Cullen by the end, you have no heart.
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Re: Good books to read prior to MBA [#permalink] New post 26 May 2009, 02:59
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chineseburned I finished reading Atlas Shrugged a couple of weeks ago so I will try to answer. Atlas Shrugged has influenced many economists, CEOs, politicians in the last 50 years. Alan Greenspan was a big fan and his lazze faire regulatory policies were based on ideas from Atlas Shrugged. This book is strongly right wing pro capitalist and anti socialist (including even charities). It talks about a dystopic society where the government is trying to control things by imposing more taxes / creating random laws and its plot has eerie parallels to what Obama is trying to do right now to get us out of the financial hole (i.e. by subsidizing failing businesses etc.)

Its a thought provoking book about the world and its social systems. At over 1000 pages, its not a light read. Ayn Rand tries to throw all her philosophies in the book one way or the other (even her philosophies on sex). There is a 100 page long speech (gulp). But the plot is compelling and twist after twist kept me engaged. Its definitely worth the read and you will finally know the answer to the age old question : "Who is John Galt?"

So how does it relate to an MBA ? To me it made me think about WHY. Why do we do an MBA, why do we then work hard to produce something? Why do we pay taxes? Why do we strive for betterment? Is it just plain greed? Is it so wrong being greedy? (Atlas Shrugged says NO)


chineseburned wrote:
I'm curious how you think Atlas Shrugged is related to an MBA.
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Re: Good books to read prior to MBA [#permalink] New post 06 Jan 2009, 11:33
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I love the idea of this thread. We could have a GMATClub Book of the Month! It would be great to have a reading list to get the a better understanding of the business world at large and any potential future endeavors. However, in your mention of what professors recommend, I would imagine that would err to the side of textbooks/references.

I second your nomination of Green to Gold and found it pretty interesting. I also recently read Ahead of the Curve, which seemed to be a pretty good read if one is considering Business School. If you keep in mind that you are viewing the world through the author's eyes and not your own.
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Re: Good books to read prior to MBA [#permalink] New post 13 Jan 2009, 11:22
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My view about reading is read only what you like. Sounds trivial, but it's amazing how some people force themselves to read crap just because it's about "management", "leadership" or "communication" (or any other buzz word).

Here's what I'm reading atm or have recently read:

- The accidental investment banker - Jonathan Knee: pretty funny; give you a very good idea over the Ibank world. Not great though.

- Harrington on Hold 'em Expert Strategy for No Limit Tournaments - Dan Harrington (3 tomes). Probably the best books out there on NL Holdem tournament strategy. He also wrote 2 tomes about cash game, but I haven't read those yet.

- Read 'em and reap 'em - Phil Hellmuth and Joe Navarro. Poker book about tells, it's not bad till now.

Books I'm planning to read:

- Damn it feels good to be a banker - And Other Baller Things You Only Get to Say If You Work On Wall Street - by Leveraged Sellout (it looks brilliant if it's the same quality as the blog)

- Black Swan - supposed to be great

- The snowball - Biography about Warren Buffet

- Barbarians at the gate (although I'm not looking really forward to reading that one - any opinions?)


Great thread btw.
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Re: Good books to read prior to MBA [#permalink] New post 14 Jan 2009, 00:24
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I recently finished Blue Blood and Mutiny: The Fight for the soul of Morgan Stanley by Patricia Beard. Highly recommended as another Finance one to add to the list.
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Re: Good books to read prior to MBA [#permalink] New post 14 Jan 2009, 08:09
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1) The World is Flat by Thomas Friedman (all T. Friedman books are wonderful to review your economics knowledge and case-studies)

2) Passionate Economist by Diane Swonk

3) A Whole New Mind: Why Right-Brainers Will Rule the Future by Daniel H Pink

4) The Long Tail: Why the Future of Business is Selling Less of More by Chris Anderson
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Re: Good books to read prior to MBA [#permalink] New post 01 Mar 2009, 15:57
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jb32 wrote:
Audio wrote:
- Barbarians at the gate (although I'm not looking really forward to reading that one - any opinions?)
Great thread btw.


I read it my senior year in college. It really is a must read. I thought it was great and included all of the major Wall Street legends, Kravis, Wasserstein, Fortsman, Lipton, etc. I would also recommend:

- Den of Thieves
- The Last Tycoons
- Atlas Shrugged
- When Genius Failed

-All good finance classics. The Last Tycoons is REALLY long, but I enjoyed reading about Felix Rohatyn and Andre Meyer, who are some real legends on Wall Street.



I'm curious how you think Atlas Shrugged is related to an MBA.
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Re: MBA Books - Good books to read prior to MBA [Merged] [#permalink] New post 26 May 2009, 02:36
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Skitalets wrote:
refurb wrote:
Wow, if anyone hasn't read "Ahead of the Curve", I highly recommend it. The guy is brutally honest about what goes on at b-school and provide a somewhat "outside" perspective, free of all the hype and marketing.


I thought "Ahead of the Curve" was pretty good, but I don't know that it's "free of hype". Just full of a different kind of (negative) hype. Based on the account he gives in the book, Delves Broughton basically did a poor job of recruiting, had messed-up preconceptions about business and the recruiting process, and left without a job. His negative, critical bias about business school may be illuminating for people who are naive about b-school, but it's not objective or unbiased.


I didn't think he was overly critical of b-school. He admits that he didn't do a good job at recruiting or interviewing. He didn't really blame the school for that.

What I thought was useful was his insight into the whole range of challenges b-school can introduce into your life. He talks about people who keep working jobs they hate because "someday it will pay off" or the visiting CEO who talked about his "children growing longer" (because he only sees them after they've gone to bed) or the CEO who admits he doesn't even know his 12-year old daughter.

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Re: MBA Books - Good books to read prior to MBA [Merged] [#permalink] New post 04 Jun 2009, 23:08
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I finally have the Atlas Shrugged with me, so I can post the quote by Senior Francisco d'Anconia on money:
(Just fyi - these are my favorite parts from about 4 pages of a monologue and I am not giving it justice but I'll try nevertheless)

Francisco d'Anconia, page 412 - 415 wrote:
Only the man who does not need it, is fit to inherit wealth - the man who would make his own fortune no matter where he started. If an heir is equal to his money, it serves hi; if not, it destroys him. But you look on and you cry that money corrupted him. Did it? Or did he corrupt his money? ... Money is a living power that dies without its root. Money will not serve the mind that cannot match it. Is this the reason you call it evil?

Let me give you a tip on a clue to men's characters: the man who damns money has obtained it dishonorably; the man who respects it has earned it.

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Re: MBA Books - Good books to read prior to MBA [Merged] [#permalink] New post 11 Jun 2009, 10:43
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Thank you for the recommendation! Thread updated. Link added to Amazon:

http://www.amazon.com/gp/product/014311 ... 014311526X


P.S. The main post on the first page keeps exceeding the max allowed post size limit, so I have to keep extending it. I will have to split it pretty soon :-D
Good job!
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Re: MBA Books - Good books to read prior to MBA [Merged] [#permalink] New post 23 Aug 2009, 01:26
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how to get into top mba programs by richard montauk any idea about this book.. ??
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Re: MBA Books - Good books to read prior to MBA [Merged] [#permalink] New post 04 Oct 2009, 10:22
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A very nice list but I am surprised that no one yet has mentioned Snapshots for Hell – The Making of an MBA. This book is a "poet's" (non finance / non maths background) account of his first year in Stanford. The book is a must read for any MBA aspirant (not just Stanford admits) as it gives a good insight of life during the first year in a full time MBA course. It is autobiographical, humorous and probably the first of MBA memoirs (It was published in 1995).

Good to Great, Built to Last, Freakonomics are some of other good books which are a must read for any MBA. Would write more on these books later.
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Re: MBA Books - Good books to read prior to MBA [Merged] [#permalink] New post 21 Mar 2010, 14:15
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Hi there, may I chime in? A couple of weeks ago I finished "Creative Capital: Georges Doriot and the birth of Venture Capital" by Spencer Ante, which is basically a biography on G. Doriot, professor of HBS, one of the most important players in the early VC industry and one of the founders of INSEAD.

I found the book to be well written and engaging. I think it gives a nice intro on how VC companies work and the dynamics of financing and capital structure, in a very basic but entertaining way.
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Re: MBA Books - Good books to read prior to MBA [Merged] [#permalink] New post 24 Jun 2010, 08:32
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From Higher Aims to Hired Hands: The Social Transformation of American Business Schools and the Unfulfilled Promise of Management as a Profession

by Rakesh Khurana

This book gives the history on b-schools in America. It discusses why the schools formed and why/how they have transformed over the last 100+ years. I found out about this book from BusinessWeek and have found that it has helped me frame my rationale for going to b-school.
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Re: MBA Books - Good books to read prior to MBA [Merged] [#permalink] New post 02 Sep 2010, 07:07
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Favorited this page.

Never Eat Alone is an excellent read. Also surprisingly relevant to dating.
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Re: MBA Books - Good books to read prior to MBA [Merged] [#permalink] New post 23 Nov 2010, 05:16
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Re: MBA Books - Good books to read prior to MBA [Merged] [#permalink] New post 04 Jan 2011, 16:41
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NickCarraway wrote:


Just finished this today. Ah-mazing book. I'll echo Nick's comment and add that it's a great, accessible general intro to the major financial theories of 20th century.
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New reading list additions [#permalink] New post 22 Jan 2011, 16:07
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Great Ideas guys thank you very much. Please keep posting.
Here are great additions but some may be more suited to post-b school students (disclosure: poster is BBA accounting holder and CPA with interests in finance and IT management and returning to get MBA).

Books I loved with a lot of fresh ideas:


Lords of Finance, Interwar period history text mainly about central bankers and their effect on the depression and on both world wars.

Subprime Solution - Robert Schiller On the housing bubble and potential policy changes that would enhance stability in the mortgage market. Also I beg all of you to download Schillers Podcast of Yale Finance Course lectures circa 2008 available for free on Itunes. THis will give you a huge jump on your finance courses and he is a fantastic prof. (the students applaud his final lecture for the semester)

The Myth of the Rational Market - Mentioned before in forum, but honestly this is one of the best books listed on this forum imho. Will also give you a huge leg up in finance courses, including knowing which formulas you are taught may be totally irrelevant in modern times.

No one would listen - Financier turned forensic accountant who caught bernie madhoff, but who could not convince the SEC. Fantastic story which reads like fiction, but purportedly true. Ecxellent way to learn some law and accounting in addition to tons about finance Especially broker-dealers.

The Lords of Strategy - History of strategy consulting a la Boston consulting group interesting but somewhat technical read which is more in the style of myth of the rational market than lords of finance.

The big short - great inside story of the mortgage market and MBS industry proir to and during financial collapse. You will learn lots here about birth of new derivatives.

Basic Economics - Thomas sowell its all in the title, but this is really good

BTW ALL THESE available on audiobook or cd and many available at the overdrive library catalog

OTHERS books MENTIONED BUT WHICH ARE TRULY GREAT IMHO:

The Black Swan and Fooled by randomness - Taleb is awesome. True there is not a ton of application potential here, but the threat of Blowing up from fooled is an important one. See also his "barbells" investment strategy and the rise of "Tail Risk Hedge Funds"

The world is flat - boring and less than earth shattering, but your profs will mention the cliches and buzzwords here countless times.

Empire & The ascent of money Nials Ferguson, Fantastic world economic history books

OTHER BOOKS I AM LOOKING FORWARD TO:

More money than god - hedge fund related
Fault Lines
Never eat alone
The Halo effect
Atlas shrugged
THe Fortune at the bottom of the pyramid
Higher Aims to Hired Hands
Education of a Speculator
Animal spirits - George Akerlof
The innovators dilemma
A random walk down wall street - totally dated but in its upteenth edition and really influential

PLEASE POST MORE DEEP READS -

Last edited by bb on 22 Jan 2011, 16:27, edited 2 times in total.
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