Financial Modeling at Western (UWO)
University of Western Ontario (UWO) offers a Master’s of Statistics and Actuarial Sciences with a focus area on the Financial Modeling Field. The program teaches statistical, mathematical, and programmatic areas of financial modelingWhat is Financial ModelingFinancial modeling is performed in Excel to forecast a company's financial performance. Overview of what is financial modeling, how & why to build a model.. According to Western’s website, students learn to research by completing several projects during the program. Given that the program is part of the statistics department, it seems likely the program is more based on the statistical modelBasic Statistics Concepts for FinanceA solid understanding of statistics is crucially important in helping us better understand finance. Moreover, statistics concepts can help investors monitor, rather than traditional financial and valuation modeling that’s performed in investment banking, financial planning & analysis (FP&A)FP&AFinancial Planning and Analysis (FP&A) is an important function at a corporation. FP&A professionals support executive decision making for the CEO, CFO and Board of Directors with planning, analysis, and modeling. Learn what the job of an FP&A analyst, manager, or director entails - salary, requirements, education, skills, and other areas of corporate finance.
