How does that change in the financial modeling industry affect professionals looking to enter it?

Financial ModelingQuestion: How does that change in the financial modeling industry affect professionals looking to enter it?

Answer: With the changes that have happened over the past decade, both, the risks and rewards have shot up for financial modelers. Modelers are expected to develop ever more complex, multi-variable, statistically complex models. Where modelers could have gotten by without Excel’s VBA programming tools, competent modelers who are comfortable with such programming have a distinct edge over those that are not. Modelers are encouraged to also learn how to incorporate live data feeds into their model – such as information on stock prices, interest rates, currency exchange rates, commodities prices, etc. The good news is that all of this is a lot easier than it sounds – approach it with an open mind, and soon you will be a master of the financial modeling world. For those who just are not comfortable with programming, make sure you align yourself with a programmer who can quickly program things under your strategic direction, so you continue to retain your edge.

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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