How fast is the financial modeling industry growing?
Answer: Finance and financial modeling is an intrinsic part of the ever-growing, globally expanding business world that we live in. What happens in Beijing impacts someone in Baltimore. As the world grows in complexity, companies are increasing their dependence on financial models to make sense of it all, to model this complex world, and to build in bells and whistles in these models to alert decision makers to events in one part of the world that can impact the entire organization. For example, a rogue trader called Nick Leeson made unauthorized trades in Singapore and brought down Barings Bank, one of Britain’s oldest banks. So, with globalization, the financial modeling industry is witnessing unprecedented growth.
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