Question: What is important to know about the financial modeling profession when interviewing?
Answer: One word… context. When interviewing for a financial modeling position, you must research the company that you are interviewing with and get a sense of what type of financial modeling you’d be expected to do.
If you are interviewing with an investment bank or a private equity firm or a hedge fund or an asset management company, chances are pretty high that you will be doing Valuation models along with some variations specific to your future employer – for which you must have a solid grasp on Accounting because you will be expected to scan through audited financials.
If you are interviewing with a mainstream corporate client, you will likely do business case modeling, Return on Investment and Internal Rate of Return modeling which involves simple Excel formulas only, and where you must understand business drivers.
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).