To use a cliché, we live in a volatile uncertain complex and ambiguous (VUCA) world. Organizations simply cannot afford to try out new strategies in reality and correct mistakes, once they’ve occurred. The stakes are too high. Thus emerges the utility of this technique across functions like financial planning and risk management. Financial models help a business manager simulate the future and see the impact of their change, without risking costly setbacks of real world trials and errors.
Mastering the art of financial modeling is imperative for those who want to enter the ultra-competitive world of corporate finance, investment banking, private equity, or equity research. Only those who excel (pun intended) in modeling early on are often the most successful long-term.
The book will help readers dive deep into the vocabulary and the syntax, the art and science of financial modeling and valuation. Readers will be able to prepare/use existing models more competently, interpret the results and have greater comfort over the integrity and accuracy of the model’s calculations.
- ISBN10 1948976943
- ISBN13 9781948976947
- Publish Date 30 September 2018
- Publish Status Active
- Publish Country US
- Imprint Business Expert Press
- Format Paperback (US Trade)
- Pages 106
- Language English