This app is just like its name – straight to the point.
I say “basic”, but take that with a grain of salt. I’m no financial expert, and a lot of the material this app provides is new stuff for me. However, the language is clear, without any confusing jargon, and within the first few minutes I learned quite a bit of new information.
What I do understand is what makes a good educational app – a user-friendly format and clear purpose. And Finance Study Guide gets an A on both. There are five menus to choose from at the bottom; Study Guide, Questions, Exercises, Formulas, and Definitions. The Study Guide is split into several categories, a few of which have their own sub-categories. The definitions, graphs and formulas provided are easy to understand and perfect as a study aid right before an exam.
Questions is a great way to quiz yourself – read the question, guess the answer, then tap “next” to see if you were right. The Exercises sections is also helpful, providing real situations for you to analyze. For example: you are given a scenario with investment information, and asked to figure out what the company’s balance sheet would look like at the end of the first period.
Many of the categories in the Study Guide contain formulas, of course – this is finance, after all. The Formulas section lists each one, perfect for a last minute cram session or as a quick reference. And the Definitions section is set up alphabetically – tap “L” to see the definitions of terms like “Lead Manager” and “Leverage Effect.”
I’ve seen a few study guides in the past that supply great info, but it’s not nearly as easy to navigate as Finance Study Guide. The bottom line? If you’re taking a finance class, this $2.99 investment is one definitely worth making.
Finance Study Guide requires iPhone OS 3.1.2 or later and is compatible with the iPhone and iPod Touch.