No, a CFA is not required for financial modeling because the skills are practical and applicable in areas such as investment banking and corporate finance.
However, the CFA qualification adds credibility, particularly for careers in portfolio management and leadership, and obtaining both is sometimes viewed as a powerful combination that provides a competitive advantage.
Many individuals begin with financial modeling to gain practical expertise before pursuing the CFA designation to advance their careers
Best financial modelling course in India -
Financial modeling is the process of creating a summary of a company's expenses and earnings in the form of a spreadsheet that can be used to calculate the impact of a future event or decision.
Financial modelling is creating a summary that estimates a company's future financial success by integrating past data with forecasts of future occurrences such as sales or expenses.
It is a technique for analyzing prospective outcomes of decisions, such as new investments, by modeling numerous scenarios and displaying how they may affect profitability, cash flow, or the total worth of the firm.
IIM SKILLS - Best financial modelling course in India
IIM SKILLS has been in the online teaching profession for more than 5 years. So far they have come across a lot of students from different backgrounds because of this they know what to deliver in their course to make the learning enjoyable.
Learning financial modeling requires a systematic approach to understanding things better, and IIM SKills is the place where you learn each subject in a systematic manner. It is a 3 months program, that entails 50+ hours of live interactive sessions.
Best Suited For:
The IIM Skills Financial Modeling course is for any person who is eager to learn. There is no specific requirement, although having a background in finance or commerce will be good for understanding the process easily.
1.Level: Beginner to advanced
2.Mode of the Course: Online
3.Certificate: Government-recognized certificate by IIM Skills
4. Course Duration: 3 Months
5.Course Fees: 39,900
Financial modelling Salary in India
The national average salary of a Financial Modeller in India is around ₹6.5 Lacs per annum.
1. Financial Analyst ₹250k – ₹1m
2. Business Analyst – ₹250k – ₹1m
3. Equity Research Associate – ₹350k – ₹1m
4. CFA – ₹400k – ₹4m
5.Investment Banking – ₹300k – ₹3m
6. Financial Consultant – ₹250k – ₹4m
7.Credit Analyst – ₹300k – ₹2m
8.Research Analyst – ₹350k – ₹7m
9. Chartered Accountant – ₹600k – ₹4m
10. Risk Manager – ₹1m – ₹10m
the highest Paying Cities in India for Financial Modeling Jobs-
1.Delhi
2.Bengaluru
3.Mumbai
4.Chennai
5.Pune
6. Gurgaon
Visit IIM SKILLS website to know more.
Good luck!
