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Exogenous

What is Exogenous?

Exogenous is used to refer to factors that are outside of the model. These are variables that affect the model indirectly, but are not being used to model the dependent variable. In contrast, endogenous variables are ones that are encompassed in the model, and hence have a direct effect on the dependent variable in question.

Additional Resources

CFI is a global provider of financial modeling courses and of the FMVA Certification. CFI’s mission is to help all professionals improve their technical skills. If you are a student or are looking for a career change, the CFI website has a multitude of free resources to help you jumpstart your Career in Finance. If you seek to improve your technical skills check out some of our most popular courses. Below are some additional resources for you to further explore:

 

The Financial Modeling Certification