Answer: You need the following skills to become a financial modeling professional: Attention to detail because you will often be required to take raw data from paper copies and transfer this data accurately into an excel spreadsheet. Even small mistakes here could sizably affect the accuracy and usefulness of your model; Good Organization to give your model a logical flow from start to finish so it is easy for others to follow and use. Remember, your model is often used by decision makers who also like to play around with assumptions; Excellent Communication Skills because you should be able to speak with various stakeholders and get their input for your model as needed – if you cannot communicate effectively, you’d build your model in a vacuum and damage your credibility with incorrect assumptions.
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).