Question: What sort of educational requirements do hiring firms look for in potential candidates applying for financial modeling positions?
Answer: Firms definitely look for someone with at least a bachelor’s degree in either business, engineering, science or math. Essentially, they want someone who is comfortable, not just with numbers but with the math behind formulas such as net present value, compounding, etc. They also want someone who conceptually understands parameter-driven equations.
Firms also consider people with non-technical backgrounds who have an MBA and can prove that they have done model development and are comfortable with the math and numbers involved.
Firms also value skills developed through project-intensive online courses where, as part of your financial modeling curriculum, you are required to develop a financial model, and where you can speak comfortably about developing models.
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).