What have economic changes done to the financial modeling industry?

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Financial ModelingQuestion: What have economic changes done to the financial modeling industry?

Answer: Economic changes have made business more global, and with the advent of powerful computers, resulted in a greater degree of business intelligence. Business intelligence is about slicing and dicing data to its smallest part to glean trends and patterns, and to leverage that information into increasing predictive efficiency. As a result, the complexity of financial models has also increased. People are just used to seeing more analysis on various different parameters, and now want to see that in any predictive model. So financial modelers have to be finely tuned with the specific changes impacting the industry that they work in.

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