What Is Financial Modeling And How Does It Work

Financial modeling is a method through which financial analysts gauge the performance of a company. However, a financial model consists of a variety of complex processes. Hence, it takes some time to complete financial modeling.

Financial analysts also use financial models to compare the finances of their company with its competitors. It also helps in strategic planning, cost calculation, and resource allocation

The financial model is an iterative process, which means some processes repeat themselves in one complete life cycle. Hence, you need to work separately with different sections.