- Apply the concepts of financial modeling to both organizational and personal Recognize the relationship between financial models and the major decision points the models inform.
- List examples of soft skills used as tools to achieve better results and relationships with stakeholders.
- Explain how to create a plan and design brief of a model as a foundation to ensure robust modeling outcomes.
- Identify how to produce a financial model using data from a variety of sources.
- Question the integrity of a financial model using quality assurance techniques.
- Describe the impact on financial model outputs using scenario analysis.
- Demonstrate financial model longevity through effective documentation and other sustainability practices.
Skill Level Intermediate
- There's a decision coming up and it's a big one. But how will your organization choose the right one to make? Well look, I won't leave you hanging any longer. The answer is financial modeling. Financial modeling, in a very basic sense, is about collecting and organizing good data to help you predict the future, or at least make a pretty good estimate. Of course, you need to make sure the data sources are highly credible. You also need to make sure your model has robust calculations. You need to be able to write up reports of your outputs and you also need to be able to translate everything for management and decision makers. Now look, this may seem like a lot, but don't worry. We'll cover all of that in this course. By the way, I'm Josh Rischin, and I've been helping people make critical business decisions for over 15 years now, and I actually love building financial models and seeing the positive impact that they can make on businesses. So let's untangle your decision. Let's figure out what data you need, how to know it's the right data to use, and put it all together in a financial model that will help your organization make the most informed decision.