The scope of financial modeling applications is very broad as models are used for a wide range of decision making, including those related to mergers, acquisitions, capital raising, internal planning, budgeting, forecasting, investments, and valuation. The scope is further increased when you start looking at ad hoc analysis, including sensitivity analysis, scenario analysis, capital projects, return on investment and IRR. The activities are typically performed by professionals in private equity, investment banking, corporate development, equity research, and financial planning & analysis (FP&A).
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:
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