Do you believe that networking is an important component of being successful in the financial modeling industry, or will I naturally meet valuable contacts throughout my work positions in the industry without having to try much?

Financial ModelingQuestion: Do you believe that networking is an important component of being successful in the financial modeling industry, or will I naturally meet valuable contacts throughout my work positions in the industry without having to try much?

Answer: Networking, as the name implies (and I am being a little tongue in cheek here) requires working. In other words, you can never develop a good network without trying too much. There is beneficial networking and wasted networking. In wasted networking, a bunch of people meet in bars or clubs or restaurants, drink, get to know each other and think they’re developing a network. In beneficial networking, you meet someone with a purpose, you value their time and yours, and you create an aura about yourself where they want to meet you too, because they feel they stand to benefit more from you than you from them. That’s the reality of human interaction. So it is in the financial modeling industry – you must network throughout your organization to get the pulse, not of politics, but of what really drives your top line and bottom line as a business. It’s also good to network outside your organization because companies are always on the lookout for savvy, strategic financial modelers, and outside networks will help open doors to new jobs.

Do You Want to Complete A Financial Modeling Training Course? If you are looking to learn more about completing a financial modeling training program, you should check out our self-paced financial modeling training program on the BusinessTraining.com platform, which is called the Certified Financial Modeling Specialist (CFMS).

Read More Frequently Asked Financial Modeling Questions

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