THOUGHT FOR THE DAY

Model

“Each person must live their life as a model for others.”

- Rosa Parks

TOPIC OF THE DAY

Financial modeling

Financial modeling is the task of building an abstract representation (a model) of a financial decision making situation. This is a mathematical model, such as a computer simulation, designed to represent (a simplified version of) the performance of a financial asset or a portfolio, of a business, a project, or any other form of financial investment. Many financial models are inherently stochastic.

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LATEST ARRIVALS

Building Financial Models With Microsoft Excel: A Guide For Business Professionals by K. Scott Proctor