O'Reilly logo

Mastering Financial Modeling: A Professional’s Guide to Building Financial Models in Excel by Eric Soubeiga

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Preface

The financial crisis of 2007–2009 has highlighted the critical importance of evidence-based decision-making systems, particularly in banks, hedge funds, insurance companies, private equity firms, and other financial institutions. Financial models are an important part of such decision-making systems, and one key lesson from the financial crisis is that financial institutions need to operate models that are simple and easy for all stakeholders who are involved in the decision-making process, including senior managers, to understand.

For example, banks were criticized for their limited understanding of the financial products that they were selling, such as CDOs (collateralized debt obligations), during the run-up to the subprime crisis ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required