Financial Modeling: From Paper and Pens, to Excel
Financial modeling has certainly progressed over the decades, and technology has helped play a crucial part in that evolution.
16 October 2014
To be successful in business, every company needs to make informed business decisions – and that’s where modeling comes in. Some might consider financial modeling to be the art of finding a solution to a problem.
Financial modeling has certainly progressed over the decades, and technology has helped play a crucial part in that evolution. Using computers in financial modeling is today’s norm. The internet makes research easier, data can be analyzed sooner, and models on long-term business impacts can be created faster and more precisely. Technology has enabled modelers to become more effective, efficient and most importantly, accurate. Come on modelers, where would you be without Excel and your complex computer programs?
But technology hasn’t always played such an integral role in modeling. Just watch this video interview with Susan Cabral to learn how financial modeling has changed over the years.
Meagan Parrish is the Senior Manager of Social Media at Intralinks. She is responsible for social media strategy development and the communications for Intralinks' online communities. Meagan has been creating social media strategies for a variety of companies across verticals for the past several years. She holds Bachelor degrees in Marketing and Finance, with a minor in English Literature.