Financial modeling is the knowledge of various tools that are able to convert the extensive data into the comprehensible form. It is a skill which is required by management especially in the field of investment banking, equity research, commercial banking, project management and any & every sector which is a part of the financial service industry. The crash course undertakes different aspects which will enable the students to go in the financial world and manage these various tools. The crash course is designed for students who are looking for a career in the Corporate Finance world. Upon completion of the course, the students gain in-depth knowledge and they will be able to create dynamic financial models. The dynamic business world requires …show more content…
The crash course that students can choose has a lot of topics. The project is to create an abstract representation of a real-life situation in the business world. The program usually includes the fundamental theories and the practical analysis of the situation. The course starts with the students getting acquainted with excel as these forms the basis of most business calculations that are made. The crash course of Financial Modeling will have various different tools which are required to create a model as good as real. Different aspects are factored in the course subjects revolve around teaching the students the need, application, and analysis of the tool to figure out if the upcoming task, the project will be beneficial for the organization or not. This is a special skill and the Crash course for Financial modeling ensures that due weight age is given to each tool as the unforeseen circumstances will require the application of any of them when the times …show more content…
It majorly depends on the institute where the students are getting the course done and the time duration might vary a bit. Most of the courses begin in January and there is more than one session that students can be apart off. The students should go through the syllabus and see whether they will benefit from the sessions included. As stated above there are many tools and it is common that all institutes will not cover everything in the Crash Course for Financial Modeling. The students should choose the sessions which they are interested in and which will benefit them in the financial career.
The evaluations of these courses are done in two major parts- assessments and examination. During the duration of the course, the students are asked to be a part of many projects which become a part of the online assessments. The weigh age to these assessments depend on the institute but overall they constitute 40% of the over the score. The rest 60% is covered in the final examination. These are all professionals course which is designed by experts who have the industry needs in mind. It is not a one time opportunity and the students can keep enrolling themselves for different courses to enhance their
I found several helpful strategies throughout this course but the ones I found to be most beneficial were the ones on setting goals and managing financial resources. By identifying my specific goals and then divi...
Here I will list the course concepts that relate to my program or what I have said in the program.
A portion of the students were placed in the class and a portion of students were not given any formal classroom financial literacy training. All students participated in the Junior Achievement Finance Park simulation in which they were placed in real-life situations and had to make financial decisions. Their decisions affected their personal income and lifestyle within the simulation. The educated group “showed profoundly greater understanding of the financial issues they faced. Their completion rates were higher, they saved more, and they spent less on immediate gratification items such as clothing. These items were consistent with the lessons offered in the curriculum they received” (Carlin & Robinson, 2012). Also, the classroom students were more likely to use available resources, known as decision supports, to help them better understand their potential decisions. An example of a decision support includes additional information provided by a business to further explain their product or its features (i.e. explaining premium options on a health insurance plan). The study believes that “timely decision support and financial literacy training are complements, not substitutes” (Carlin & Robinson,
I am one of those guys that like to make the world a better place so I feel like if I used what I learned from business simulation I can help make the world a better place for sure. A major key to success for me is making sure the world is a better place so I feel like if I can open more businesses in the future I am changing the world because that will give people who don’t have a job something to do. The biggest thing that I learned from doing the module was managing your products for me that is a big key if you want to have a business because you have to make sure your business is heading the right direction. Like I said before what I can do with what I learned from this class is just to open up my own business because I feel like I can do that. I just need to be that one businessman that can change people life in so many ways by giving them jobs or just making sure they are taking care of. With what I learned in business simulation I can put it to use by opening up my own business even it is not a big business I want to open up something that I will put money in my pocket and also a business that will help me send to my family that living in Africa. They are depending on me so much so I feel like if I don’t have a business to support them let them down. That one of reason why I am taking business so I can just let my mother
The second lesson concentrates on the importance of financial literacy. There is one rule to follow so as to understand financial literacy – “Know the difference between an asset and a liability, and buy more assets.” In order to do this, you need to be able to understand and comprehend numbers instead of jus...
Finance is a field that had always fascinated me right from my undergraduate college days. What make me interested in this particular field of study are the art of finance and the complexity of investment market which would allow me to employ my personal skills, such as analytical and communication skills, along with my personal characteristics such as dedication and compassion for what I do. As one of the most important sector in the world, I believe it would provide me with a broad range of career options.
Among all the programs available, I firmly believe that the Master in Finance program at Princeton University will be the ideal preparation for my career because of its strong emphasis on quantitative techniques with practical business problem solving. The core courses offered by the program will help me build concrete foundation in financial theories and computational methods; the elective courses, such as Forecasting and Time Series Analysis, will further enhance my modeling techniques for financial forecasting in a broader application. Besides excellent teaching fellows at Princeton University, the close personal attention from academic and career advisors will be invaluable to my professional growth. Furthermore, the small cla...
Block, S. B., & Hirt, G. A. (2005). Foundations of financial management. (11th ed.). New York: McGraw-Hill.
The business always develops due to investments and the correct most accurate analysis is an integral part of any initiative. Any initiative should be studied by financial analysts, correctly predicted in terms of financial investments and beneficiaries, tracked at various times, studied , changed on time, if necessary. Success of investments depends From financial analysis, it helps to protect the business from financial losses and predict cash flow and return of investment.
What do you expect to learn from this course that will help you develop in the areas you’ve identified?
There are two ideal venues for the delivery of financial education and that is in schools and in workplace. In the workplace, several initiatives can been undertaken to solve and improve financial crisis, such as educating workers to improve their financial literacy and knowledge about pension, automatically enrolling workers in pension plans and simplifying workers’ pension membership decisions. While these programs have had some impact on individuals’ savings behavior, much more can be done to improve its effectiveness. The very reason why schools are one of the ideal venues is because it is not only the adult population who lacks financial knowledge but also the young generation. There may be advantages to introducing financial literacy into high school curricula given the benefits that financial literacy brings. While at the same time other financial education programs may occur beyond the school compound, results shows that student cannot learn and understand much from such existing programs (Hogarth, Beverly and Hilgert, 2003).
Financial literacy is vital to the average young adult, going into college and the working world, and in turn financial literacy should be a required course that each student should take before they leave high school. Financial literacy by definition means “the ability to understand how money works in the world: how someone manages to earn or make it, how that person manages it, how he/she invests it (turn it into more) and how that person donates it to help others.” Indeed Financial Literacy should be a required course for any student, Because of The college student needing to know how to make money, how to use that money efficiently, and the importance of spending money on certain things.
Personal Finance is a class I’ve wanted to take for a while now. My major is Finance not because I want a career in finance but more to learn about finance for my own personal situation. This class taught me so much! During this class I was able to evaluate my financial situation and set financial goals for myself. The four topics that helped me the most were emergency savings, buying a car, purchasing a home, retirement, and estate planning. After completing this class I have a better understanding of these topics and how to achieve my financial goals.
I am currently majoring in Finance Management. Most of the time people think of finance as just managing money. However, finance is needed for so much more! The finance industry deals with starting businesses, developing new products, expanding markets, as well as everyday things like saving for retirement, purchasing a home, and even insurance. The stock market, asset allocation, portfolio analysis, and electronic commerce are all key aspects in finance. In this paper, I will explain how these features play a vital role in the industry, along with the issues that come with these factors.
Financial theories are the building blocks of today's corporate world. "The basic building blocks of finance theory lay the foundation for many modern tools used in areas such asset pricing and investment. Many of these theoretical concepts such as general equilibrium analysis, information economics and theory of contracts are firmly rooted in classical Microeconomics" (Oaktree, 2005)