Chat with us, powered by LiveChat

Enter your keyword

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

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

No Comments

Post a Comment

Your email address will not be published.

Exclamation Triangle Check code