Treasury Management: The Practitioner's Guide (Wiley Corporate F&A)

I got a job as a treasury analyst. Even though I got a MBA degree and majored in Finance, I had no clue what treasury analyst does. So I got this book 2 weeks before I started working. It was a perfect book for me. It gave me a quick overview of what treasury department does and helped me reviewing what I've learn that can apply to treasury job. It is also very practical and easy to read. I finished it in less than a week. It is definitely far from enough for get deep knowledge about treasury, but was perfect for my case.

I'm moving from an administrative support role into a treasury analyst role and this book is excellent. It is well written, offers comprehensive coverage of many activities within a corporate treasury department, and helpful with my jump start into the treasury culture.

I work on a Corp. Treasury FX Risk Management Desk as a technologist and this book has given me great insight into the structure, roles, and charter of each of the various groups within the larger organization. Very highly recommended from that perspective alone.

Business

This book will prepare you for a job interview but not the nuts and bolts of doing the job of working capital management. I would still recommend the book though if you're coming with zero knowledge. But if you want depth, this is not the one for you.Part One gives you a preview of the scope of Treasury's work but there was no depth to the discussion. Especially if you work for a manufacturing firm. For example, the part on accounts receivable management - this is a big deal in any company because this is cash from operations. The book just breezed through it. There were no discussions on Treasury's role in setting and enforcing credit policies. Or best practices in AR management.As for Part Two: Financing, you are better of reading Brealy Meyers.For Part Three: Risk Management, its good that the book breezed through different hedge instruments. In real life, manufacturing companies barely used hedges against currency and interest rate.For Part Four: Systems. I wish there were some illustration on payment transaction specifically how Treasury system ties up with different office systems such as Payroll, Procurement, Customer Management, etal.

Excellent overview of functions. Provides good examples and is clearly written.Also useful bibliography for further reading.

This book is not what it says it is. It has nothing to do with Treasury at all. If you are looking for a book to teach you how to run your treasury department , this is NOT the book.

I had high hopes for this book expecting to get in detail technical information and insight but that was not the case. If you're working in the treasury department of a company and have difficulty explaining your job to your parents, I would recommend you buy this book for them.