Finance for Beginners

Sandeep Goel is Senior Professor of Accounting and Finance and Corporate Governance at Management Development Institute (MDI) Gurgaon, India. He holds two doctorates, one in finance; and another in accounting from the Faculty of Management Studies, University of Delhi. He completed his bachelor’s with honours and master’s degrees in commerce with specialisation in finance from Shri Ram College of Commerce and the Department of Commerce, Delhi School of Economics, University of Delhi, respectively. He has three decades of industry and academic experience across various organisations and institutions of repute, including the Shri Ram Group, the University of Delhi and MDI Gurgaon. He sits as an independent director on the Board of Machino Plastics Ltd., Gurugram, a Suzuki JV. He is Visiting Professor of the Faculty of Management, University of Lodz, Poland, and Aix-Marseille Graduate School of Management – IAE AIX-Marseille University, France. He is a management trainer and consultant to organisations like Maruti Suzuki, Canara Bank, JK Tyre, PFRDA, NPCI, IRS, ITS, FIA Business School (Brazil), Bata, Encore, Federal-Mogul Goetze (India) Ltd., SOS Village International, Cairns India, National Banking Institute (Nepal), Druk Holdings (Bhutan), UltraTech Cements, ONGC and many more. He is a prolific writer and has authored more than 15 books and published over 100 research articles and cases in national and international journals of repute. He has been conferred with the Award for Excellence in Teaching, 2023–24, 2015–16, and the Award for Excellence in Research, 2015–16, at MDI.

• 1. What is business?; 2. The journey of accounting; 3. Understanding of financial statements; 4. Financial analysis for decision-making

“Dr Sandeep Goel has an extraordinary ability to demystify the intimidating world of finance, making it accessible and understandable for everyone. He transforms the complex concepts into easily digestible chunks of wisdom that makes even the most novice reader feel confident. I am sure that Dr Goel has truly created a resource that would empower beginners to navigate the financial landscape with ease and understanding.”Deepak Sharma, Advisor, Telecom Regulatory Authority of India, GoI, New Delhi“Being financially informed is an indispensable life skill. This book structures and presents financial concepts clearly and concisely and explains their applications in managing finances. It is an invaluable resource for finance professionals as well as amateurs, and even those fearful of finance.”Niti Nandini Chatnani, Professor of Finance, Indian Institute of Foreign Trade, New Delhi