Cookie and Privacy Settings

This website uses cookies to enable essential functions like the user login and sessions. We also use cookies and third-party tools to improve your surfing experience on preplounge.com. You can choose to activate only essential cookies or all cookies. You can always change your preference in the cookie and privacy settings. This link can also be found in the footer of the site. If you need more information, please visit our privacy policy.

Data processing in the USA: By clicking on "I accept", you also consent, in accordance with article 49 paragraph 1 sentence 1 lit. GDPR, to your data being processed in the USA (by Google LLC, Facebook Inc., LinkedIn Inc., Stripe, Paypal).

Manage settings individually I accept
  1. Dashboard 1
  2. Consulting Q&A 2
  3. What are some good resources you would recommend to industry hires to brush up on finance/economic/business terminology? 3
expert
Expert with best answer

Vlad

97% Recommendation Rate

404 Meetings

11,346 Q&A Upvotes

USD 239 / Coaching

Book a coaching
View profile of Vlad
2

What are some good resources you would recommend to industry hires to brush up on finance/economic/business terminology?

business concepts terminology

Have received feedback from my sponsor that something I should work on is knowledge of standard business/economic/finance terms, especially so my graph analysis will be sharper. Any good resources you can recommend, specifically ones that refer to common short forms or acronyms?

Have received feedback from my sponsor that something I should work on is knowledge of standard business/economic/finance terms, especially so my graph analysis will be sharper. Any good resources you can recommend, specifically ones that refer to common short forms or acronyms?

 Recent activity on Nov 28, 2018
1.1 k Views
2 answers
  • Upvotes
  • Date ascending
  • Date descending
Best Answer
Book a coaching with Vlad

97% Recommendation Rate

404 Meetings

11,346 Q&A Upvotes

USD 239 / Coaching

Choose a time slot
View profile of Vlad

Hi,

For charts specifically I would recommend the following sources to learn from (prioritized):

  1. Study "Say it with Charts" book by Barbara Minto
  2. Learn basic statistics (Any GMAT or MBA prep guides)
  3. Check all available MBB presentations and publications. Practice to derive conclusions and check yourself with the actual ones from the article / presentation
  4. GMAT IR part (Official guide and Manhattan prep)
  5. "Consulting Bible" and "Vault guide for consulting" - check the chapters on cases with graphs in these books

As for the business knowledge, I find it particularly useful to read the Company reports, equity reports, IB roadshow docs - usually have a good overview of company and industries. Then just google the concepts you don't know

Best,

Hi,

For charts specifically I would recommend the following sources to learn from (prioritized):

  1. Study "Say it with Charts" book by Barbara Minto
  2. Learn basic statistics (Any GMAT or MBA prep guides)
  3. Check all available MBB presentations and publications. Practice to derive conclusions and check yourself with the actual ones from the article / presentation
  4. GMAT IR part (Official guide and Manhattan prep)
  5. "Consulting Bible" and "Vault guide for consulting" - check the chapters on cases with graphs in these books

As for the business knowledge, I find it particularly useful to read the Company reports, equity reports, IB roadshow docs - usually have a good overview of company and industries. Then just google the concepts you don't know

Best,

2 Book a coaching with Vlad

Thanks! Appreciate the response. — Allison on Nov 28, 2018

Hi Allison,

If you have limited time and want to be familiar with terms, try a site Investopedia. Here, you get to understand concepts and terms, e.g. WACC https://www.investopedia.com/terms/w/wacc.asp

Or quickmba.com. Or mbaskool.com. mbaskool has one bit called 'business concepts' or smtg. This should prove useful.

If you have time to spare and are targetting something specific (e.g. financial accounting vs. cost/management accounting, then sites like https://www.principlesofaccounting.com/ would be useful.

There's also MOOC. Join Coursera, etc. There should be courses that are specific to your needs.

Hope this helps.

Hi Allison,

If you have limited time and want to be familiar with terms, try a site Investopedia. Here, you get to understand concepts and terms, e.g. WACC https://www.investopedia.com/terms/w/wacc.asp

Or quickmba.com. Or mbaskool.com. mbaskool has one bit called 'business concepts' or smtg. This should prove useful.

If you have time to spare and are targetting something specific (e.g. financial accounting vs. cost/management accounting, then sites like https://www.principlesofaccounting.com/ would be useful.

There's also MOOC. Join Coursera, etc. There should be courses that are specific to your needs.

Hope this helps.

1

Hi, Thanks fo the sources provided ! Do you have in mind some websites with infos about sectors ? (drivers, outlook, recent changes.. ) Many Thanks — Pierre on Nov 28, 2018

This is exactly what I'm looking for because I'm in a bit of a time crunch. Thanks so much! — Allison on Nov 28, 2018

Related case(s)

Chinese Chess - Airline Business During COVID-19

Solved 3.3k times
Chinese Chess - Airline Business During COVID-19 Sky China, a government-backed Chinese airline, has recently seen profits plummet due to COVID-19. Profits are down 80% in the months of February and March, but are showing early signs of a rebound in April.  They've brought you in to first investigate what can be done immediatedly to prevent hemorrhaging cash and surive in the short-term. They are also looking to see how the current situation can be viewed as an opportunity, and what can be done to prepare for the future. 
4.3 5 101
| Rating: (4.3 / 5.0)
Difficulty: Intermediate | Style: Candidate-led (usual style) | Topics: Capacity change, Competitive response, Growth strategy, Operations strategy, Organizational behavior, Profitability analysis

Sky China, a government-backed Chinese airline, has recently seen profits plummet due to COVID-19. Profits are down 80% in the months of February and March, but are showing early signs of a rebound in April. They've brought you in to first investigate what can be done immediatedly to prevent hemor ... Open whole case

Similar questions

How to calculare the break even point for quantity and for sales?
What method do you prefer to use for your Project? Choose the one,Either Agile or Waterfall Method? which one is better?
What are the best recommendation books for business foundation in order to improve fast my business concept knowdledges?
Finance concepts in case interview
Resources to brush up accounting/finance concepts
Mobile insurance case - Germany - Digital business model
Business consulting scenario
Ask new question