From the course: Financial Modeling Foundations

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Why is financial modeling important?

Why is financial modeling important? - Microsoft Excel Tutorial

From the course: Financial Modeling Foundations

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Why is financial modeling important?

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- [Instructor] Why should you care about financial modeling? In the next few minutes, I'll explain what financial modeling is, and how understanding it can help you move your career forward. For anyone pursuing or advancing a career in corporate development, investment banking, FP&A, also called financial planning and analysis, equity research, commercial banking, or any other area of corporate finance, building financial models is part of the daily routine. The reality is that for many of the most lucrative and exciting areas of finance, financial modeling is a critical skill that you need to have. In particular, financial modeling is really just a tool to help decision makers make decisions. These kinds of decisions include, for example, whether or not to invest in a company, an asset or security, whether or not to pursue a project, like, for example, a new R&D project at a firm, or building a new factory, whether or not to pursue a merger acquisition deal. Either to sell the…

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