Believe it or not, the main financial modeling programming language is still Excel, and probably will be for quite some time. The main reasons Excel is so common are: (1) it’s automatically installed on virtually all computers, (2) it’s easy enough for anyone to use at a basic level, (3) it’s totally flexible and customizable, (4) it’s easy to audit and follow the analysis (not a “black box”), and (5) it’s the incumbent software!
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CFI is 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: