What is financial modelling? Is it a course or a Diploma.
Asked by Dipakshi Kamble
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2 Answers
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Financial modeling is the task of building an abstract representation (a model) of a real-world financial situation. This is a mathematical model designed to represent (a simplified version of) the performance of a financial asset or portfolio of a business, project, or any other investment, and this is a course.
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If you want all the details about financial modelling, you can refer to this guide here: https://www.learnwithflip.com/blog/for-individuals/financial-modelling-complete-guide/
To put it in simple words, financial modelling is a technique used to create financial models that comprise of forecasts of specific financial data for a defined period of time. This model is created by taking into consideration the past record of that financial data and other factors if they have a significant effect on them. The aim of financial modelling is to create models as close to real life as possible. Basically financial modelling is a skill. To learn fi...more
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