Financial modeling using Python is a method of building a model using the Python programming language. The language allows coders to modify and analyze Excel spreadsheets and automate certain tasks. As an example, the task of copying data from one spreadsheet to another can be automated with code, and searching for errors can be dramatically sped up.
Python is one of the popular programming languages used in finance. Guido van Rossum created Python, which was released for the first time in 1991. It is one of the programming languages used in financial modeling nowadays.
Companies used to stay within their industry, but they eventually turn their attention to tech firms and take advantage of innovations and tools that make handling financial transactions way easier, especially in managing large volumes of data.
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:
Below is a screenshot from one of CFI’s online analyst training and certification courses, offered 100% online.
To learn How to Build an Excel Model step-by-step, click on the image below.