Answer: You typically earn money through salary and a bonus. In fact, in Wall Street jobs, it is common knowledge that your bonus is often more than your base salary. If you are a financial modeler with a consulting firm like Accenture or McKinsey, there too you earn a salary and a bonus based on the quality of your work. If you work in a mainstream corporate job, you typically only earn a salary. If you decide to freelance, then your earnings are directly tied to the projects that you execute, with hourly or project-based earnings. Financial modeling gives you the option of taking on a salaried position or working for yourself, or even building your own company – it’s all a function of your own initiative and interest.
Do You Want to Complete A Financial Modeling Training Course? If you are looking to learn more about completing a financial modeling training program, you should check out our self-paced financial modeling training program on the BusinessTraining.com platform, which is called the Certified Financial Modeling Specialist (CFMS).