What is Financial Modelling and How Can It Help Your Career?
The first industrial revolution brought about a new era of economic productivity. The steam engine surpassed human physical capacity and delivered better and faster results in the industrial world. Similarly, the recent digital revolution has exceeded the capacity of the human mind. Today, computer algorithms work alongside the human potential to yield even quicker outcomes. The concept of financial modelling is something similar. It helps professionals to make more accurate and faster financial decisions by undertaking computational activities that the human mind cannot process at the same given time. So, what is financial modelling ? Technically, a financial model is an equation. It has a few independent parameters which act as inputs to yield a dependent variable or the output. Finance professionals, Investment bankers, investors and founders use such models to predict the behaviour of investments and assets. These give an insight into the future of a volatile market and