Hello,
I work as a jr financial modeling analyst for small company in Jordan
I would like your advice regarding the follow, im new to financial modeling but my boss asked me if I can change the models that we have from excel to another software more sophisticated , is there any software which can do the excel function yet will be more sophisticated yet friendly ?
thanks,
Zain
Hi Zain,
Great question! Yes, there are loads of third party pieces of financial modelling software. However, we always recommend sticking to Excel, as you don't have to worry about proprietory licensing issues, support not to mention learning new software. Excel has it's issues (largely to do with errors), but it's such a ubiquitious tool that everyone knows how to use.
In the Plum Solutions Financial Modelling courses, strategies for reducing error is an important component of the course. Using best practice techniques and good model structure, you can create financial models which are sophisticated yet user friendly.
Submitted by danielle on Sat, 18/09/2010 - 14:22.
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