Financial modeling for beginners requires gaining a strong base of accounting knowledge, then adding on an understanding of finance, and finally a very solid grasp of Microsoft Excel. Those who are new to modeling or are still beginners would benefit from taking some crash courses online and making sure they possess the prerequisite knowledge. Once that’s been established, you can start performing your own analysis in Excel!
CFI is a the official global provider of financial modeling and valuation analyst FMVA Designation. CFI's mission is to help anyone become a world-class financial analyst and has a wide range of resources to help you along the way. In order to become a great financial analyst, below are some additional questions and answers for you to explore further: