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The Ten-Day MBA 4th Edition [Paperback]

Steven A Silbiger
4.4 out of 5 stars  See all reviews (38 customer reviews)
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Book Description

July 16 2012
Revised and updated to answer the challenges of a rapidly changing business world, the 4th edition of The Ten-Day MBA includes the latest topics taught at America's top business schools, from corporate ethics and compliance to financial planning and real estate to leadership and negotiation. With more than 400,000 copies sold around the world, this internationally acclaimed guide distills the lessons of the most popular business school courses taught at Harvard, Stanford, the University of Pennsylvania, the University of Chicago, Northwestern, and the University of Virginia. Author Steven A. Silbiger delivers research straight from the notes of real MBA students attending these top programs today—giving you the tools you need to get ahead in business and in life.

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Product Description

From Publishers Weekly

Can MBA programs be compressed, allowing a reader to "get at least $20,000 of MBA education at 99 percent of the list price," as the author promises? Silbiger, a Philadelphia marketing manager, claims that "one can grasp the fundamentals of an MBA without losing two years of wages." Unfortunately, the constraints of his questionable methodology of "if this is Wednesday, it must be organizational behavior" result in some topics being scanted. While Silbiger's coverage of marketing, economics and strategy is cogent, his treatments of accounting, quantitative analysis and finance are pallid. Business law and labor relations are ignored altogether; Silbiger's thoughts on ethics, negotiating and international business are superficial.
Copyright 1993 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.

From Library Journal

Silbiger, who is both an MBA and a CPA, aims to give the reader 40 percent of a two-year MBA program in ten days--a chapter per day. Whether or not one agrees with his premise, this book will prove to be a handy desk reference for potential and current MBAs, along with business people in general. Written in a clear and lively style, the ten chapters provide a basic framework for the essential business courses: marketing, ethics, accounting, organizational behavior, quantitative analysis, finance, operations, economics, and strategy. Each chapter outlines the topics to be covered and ends with "key takeaways"--the buzzwords and theories the text has described--defined in a line or two. A useful lexicon of abbreviations leads the reader back to the explanation of each concept. Recommended for public and academic libraries with business collections.
- Mary Chatfield, Angelo State Univ. Lib., San Angelo, Tex.
Copyright 1993 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.

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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Customer Reviews

Most helpful customer reviews
1 of 1 people found the following review helpful
By Michael
I'm a software developer who's always had a mind for business. I've worked for a few start-ups and even started a few myself. My wife has an MBA and I had been thinking of going to school for an MBA when I found this book. My wife read parts of it and confirmed that it is the same material in an MBA program. Now I won't claim this book will teach you everything you'll learn in an MBA school (obviously), but I will claim this is a great book for anyone considering an MBA as well as for anyone who has one and wants to brush up on the material. The author presents the most important information tought in business schools, at a high level although full of real examples. What I liked most was how he gave specific real life examples, sometimes true and sometimes ficticious. For example, one that I remember off the top of my head, he explains how Quaker bought Snapple when it was popular but couldn't win the battle against Coke and Pepsi and ended up selling it at a huge loss. There's tons of real life examples like that. I like the style of the book, because he presents the material at a high level and if you want to go into detail you can pursue the subjects that interest you on your own. I also like his touch of humor, which keeps the book interesting. Overall I cannot recommend this book enough!
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Highly recommended. Gives the reader a good working knowledge of management concepts, tools, and formulas. This should be mandatory reading for any new employee, regardless of industry or expertise. Some highlights:
1) Break even unit volume (how much to produce to break even) = fixed costs / selling price of product - variable costs
2) A balance sheet is a snapshot of the company's holdings at any time. Assets = Liabilities+ Owner's equity. If the records do not balance, then there is a mistake.
3) Overview of quantitative analysis: how to calculate EMV (expected monetary value), cash flow modeling, net present value, IRR (internal rate of return), and probability distributions.
4) A major drawback of the corporation is double taxation: taxation as an entity, and also taxation on dividends.
5) CAPM (capital asset pricing model) determines the rate of return necessary to compensate for that inherent risk of a particular investment. (e.g. is that stock worth buying)
6) Even if you do not work in operations, it will help you to understand the meaning of key acronyms: MRP (master resource plan), BOM (bill of materials), SPC (statistical process control), CPM (critical path methodology), EOQ (economic order quantity)
7) Good history of economic thought: Keynes (positive effect of government fiscal spending), Friedman (government should only focus on money supply), Smith (invisible hand), Schumpeter (creative destruction), Laffer (supply side)
8) "Strategy is the most exciing course in the MBA curriculum because it gives you the chance to put all your new skills to work. Strategy classes place students in the chairman of the board's chair, and MBAs love that feeling." (pg 297)
9) The author recommend these two books as compulsory business reading: Michael Porter's [Competitive Strategy] and [Competitive Advantage].
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1.0 out of 5 stars Uninspiring and oversimplified Feb. 6 2000
I bought this book yesterday, and plan to return it today in the hopes of finding something written more effectively, and at a higher level. I am, quite frankly, puzzled by the high reviews given earlier (unless they are "plants"). I recognize that my opinions are in conflict with many of those stated above. Part of this may be background; I am a scientist, and while I am not completely oblivious to the ideas of business, I am certainly not an expert (hence my interest in this type of book). However, I found the level at which the author treats the topics to border on the absurdly oversimplified. I have found very little so far (~150 pages) that would not likely be obvious to the average college graduate. In addition, the organization makes it a poor choice as a reference text. Finally, the writing style is quite uninspiring, in my opinion.
In summary, for someone who has *absolutely* no idea of any basic business concepts at all, this might serve as a useful primer (although I imagine one could do better, even in this market). However, for an educated and reasonably aware person, I cannot recommend this book.
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5.0 out of 5 stars Ten Days, Ten Weeks, Ten Months...Whatever Jan. 21 2000
There is a major development now underway in the publishing world (eg "Chicken Soup for Dummies Who Want to Make Billions in E-Commerce") which explains my apprehension as I began to read Steven Silbiger's book. In fact, it is an excellent piece of work. He organizes most of the material within ten "daily" segments. For those unwilling and/or unable to earn an MBA degree but who wish to strengthen their business knowledge and skills, I highly recommend this book. From my perspective, it provides at least three major benefits:
First, the quality of writing is quite high: Silbiger does NOT "talk down" to his reader. Dim-wits and knuckle-draggers will derive little (if any) benefit from this book.
Second, as thoroughly as time and space allow, the material is presented (exactly as promised) as a "step-by-step guide to mastering the skills taught in America's top business schools."
Third, however long it takes to absorb and digest the information provided (ten days, ten weeks, or ten months), the reader will gain a sound working knowledge of subjects which include marketing, ethics, accounting, organizational behavior, quantitative analysis, finance, operations, economics, and strategy. Silbiger also includes several "MBA Mini-Courses" and then brief discussions of research, public speaking, negotiating, international business, and business law. In his Introduction, Silbiger observes: "My goal is make you familiar with the significant MBA tools and theories currently being taught at the leading business schools and to help you understand and develop the MBA mind-set." He achieves his goal. Can this book take the place of an MBA degree? Of course not. Can this book increase substantially a reader's business knowledge and skills? You bet.
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Most recent customer reviews
5.0 out of 5 stars Five Stars
Gives really good introduction of different majors in business studies.
Published 2 months ago by Yogesh Saini
5.0 out of 5 stars A must read book before considering MBA course!
I am, self educated fluent in 4 languages and doing my GMAT in order to register in a MBA.
This book is a must read before you jump and commit into a MBA program it gives you... Read more
Published 14 months ago by ABELITO
4.0 out of 5 stars Very long shipping time
The product itself is in perfectly acceptable condition. The only peeve I have was the extremely long three week shipping time.
Published on Feb. 8 2010 by Bookworm
4.0 out of 5 stars A worthy effort
Silbiger does a great job of simplifying those subjects with a circumscribed body of knowledge i.e. accounting, economics, marketing, Quantatative analysis, and finance. Read more
Published on Feb. 6 2004 by Eugene A Jewett
5.0 out of 5 stars Ultimate quick reference book
I had only two years of university business schooling, and later found my self writing business plans for start up companies, this book provided a perfect reference guide for all... Read more
Published on Nov. 12 2003 by Wyatt Watkins
5.0 out of 5 stars Practical learning and reference book
Great information - good for students that have not even started an MBA - also great reference guide for those who have.
Published on June 2 2003 by "jena12"
5.0 out of 5 stars A Great Refreshing Course
I have read the "Ten Day MBA" and found it a great refresher on many, many of the topics that I covered years ago at the Now-How Foundation Business Course. Read more
Published on Nov. 17 2002 by A. Petrotchenkov
5.0 out of 5 stars Worth reading
Rather good book - easy to read and digest, and easy to read in a non-linear fashion. The section on ethics was a bit light, and possibly this is because the author's MBA program... Read more
Published on Aug. 4 2002
4.0 out of 5 stars ok
there are two errors in the statistics chapter and it offers a basic MBA/ theoretical approach to business, ie it assumes you have good knowledge of your product and market and can... Read more
Published on July 30 2002 by Rob
5.0 out of 5 stars Excellent primer for business school
This book represents an excellent supplement to an MBA Program and covers many of the key topics addressed at the graduate level in business schools across the United States. Read more
Published on July 23 2002 by K. Scott Proctor
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