Entrepreneurs, finance, and even marketing professionals will benefit from building financial modeling scenarios for making new bids, proposing sale decisions, or estimating financial returns over a specified time period. It empowers the making of informed decisions backed by data. Broadly, financial modeling requires analysis of historical financial data of a company, the results of which are then used to determine company valuations, creditworthiness, and/or stock prices. Its application primarily is in the accounting, corporate finance, or quantitative finance domain.įinancial models are mathematical models (usually created on excel sheets) which can help to perform financial statement analysis and make appropriate decisions for business sustainability. This process of creating a summary of earnings and returns to estimate the outcome of a future event and/or decision(s) is called financial modeling.įinancial modeling as a skill set is important for anyone desiring to make a career in finance.
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