Financial Modeler's Corner

Welcome to Financial Modeler's Corner (FMC) where we discuss the art and science of financial modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by Financial Modeling Institute (FMI) the most respected accreditations in Financial Modeling globally. In this episode, Paul Barnhurst is joined by Dr. Andy Temte .   Dr. Andrew Temte, CFA, is the former CEO of Kaplan Professional and author of “Balancing Act: Teach, Coach, Mentor, Inspire,” and "The Balanced Business: Building Organizational Trust and Accountability through Smooth Workflows." He is also a board member and senior advisor at the FMI.   A thought leader on financial education and issues related to organizational health, continuous improvement, and workforce re-skilling, his articles have appeared in a number of media outlets, including Chief Executive and Chief Learning Officer.   This blend of higher education and professional education experience gives Dr. Temte a unique perspective when it comes to financial education and financial modeling   Listen to this episode as Andy shares:  His learning from the worst models he has come across.His experience reviewing financial models for acquisitions.His experience as a Member of the Board of FMI.The value of Financial Modeling Accreditation.Why he wrote his book ‘The Balancing Act’.His position on controversial modeling issues. Quotes:   “FMI is one of the only institutes that’s delivering a truly experiential credentialing process.”   “At the end of the day, modeling is about communication because you're helping communicate insights, derived from data and assumptions to drive behavior or changes or decisions. And so it's all about communicating.” Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register.   Go to https://earmarkcpe.com , download the app, take the quiz and you can receive CPE credit.    Follow Andy Temte:     LinkedIn - https://www.linkedin.com/in/atemte/ Podcast - Balancing Act Website - https://www.andrewtemte.com/   Andy’s books:   Balancing Act - https://www.amazon.com/Audible-Balancing-Act/dp/B0CFCZT4HN/ref=sr_1_2?crid=17K8UI3208G9Q&keywords=Andy+Temte&qid=1701342458&sprefix=andy+temte%2Caps%2C150&sr=8-2   The Balanced Business: Building Organizational Trust and Accountability through Smooth Workflows - https://www.amazon.com/Balanced-Business-Organizational-Accountability-.   Follow Paul: Website - https://www.thefpandaguy.com/    LinkedIn - https://www.linkedin.com/in/thefpandaguy/  Instagram - https://www.instagram.com/thefpandaguy/   TikTok - https://www.tiktok.com/@thefpandaguy  Twitter - https://twitter.com/TheFPandAGuy  YouTube - https://www.youtube.com/@thefpaguy8376     Follow Financial Modeler's Corner  LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true   Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984     In today’s episode:   (00:22) Intro; (00:46) Welcoming Andy; (01:05) The worst financial model Andy has ever seen ; (01:52) Andy’s key learning experience from the worst financial model ; (02:45) Andy ’s background; (05:07) Andy’s journey as a professor; (07:16) Andy’s motivation to teach Finance ; (11:02) Time at Kaplan; (13:55) Andy’s views on the CFA program; (17:27 - 18:13) Validate your Financial Modeling Skills with FMI’s Accreditation Program (ad); (18:18) Andy’s experience as a Member of the Board of FMI; (20:03) Value of Financial Modeling Accreditation; (25:23) Andy’s motivation behind writing the book “The Balancing Act”; (33:17) What motivated Andy to start a Podcast?; (34:54) Rapid Fire; (37:27) Advice on being a successful Modeler; (39:32) Connect with Andy; (40:10) Outro.

Sebastian Duesterhoeft from Lightspeed Ventures joins CJ Gustafson to discuss Total Addressable Market importance for investors, frameworks for calculating TAM, market maturity, extensibility, and the crucial initial insertion point in business growth.

Brian Egger, Global Head of Financial Modeling at Bloomberg, discusses finding balance in financial modeling, learning from bad models, trends in the industry, and controversial modeling issues. Topics include integrated models, key drivers, collaboration in financial modeling, industry consolidation patterns, and career trajectory insights.

Welcome to Financial Modeler's Corner (FMC) where we discuss the art and science of financial modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by Financial Modeling Institute (FMI) the most respected accreditations in Financial Modeling globally. In this episode, Paul Barnhurst is joined by Emilie Williams.   Emilie holds a Bachelor of Engineering (B.Eng.) in Mining, a Masters degree in (M.A.Sc.), Civil Engineering, a nd has earned her Level I and II FMI modeling certifications.   She has been bridging the gap between mine engineers, operations, finance, and management for more than 15 years. She has real-world, industry experience working on mine project strategies, diagnosing, and solving for factors that lead to project delays and inefficiencies, and creating best-practice tools and models to help her clients manage their operations, costs and realize their objectives.   Listen to this episode as Emilie shares:  Her journey from mine engineer to full-time financial modelHer learnings from the worst models she has come acrossThe unique challenges of modeling in the mining industryHer experience with competing in ESPN’s most recent Excel BattleThe importance of practicing to be a better modelerHer position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, AI in modeling, and more Quotes:   “ The dependencies on physical constraints are not always easy to model. ” "[Attending an FMI Course was] the first time I realized that there was actually a way to do it and actually the structure of modeling was a real thing, as opposed to, let's just stick things in our Excel spreadsheet …”   Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register.  Join Paul in Vegas for the FMI World Cup Championship from December 7, 2023 - December 9, 2023 . Sign up for the event today and receive 10% off by using the special code ‘FP&AGUY10’.Click on the link to register: Financial Modeling World Cup Go to https://earmarkcpe.com , download the app, take the quiz and you can receive CPE credit.  Follow Emilie Williams:      LinkedIn - https://www.linkedin.com/in/emilie-williams-06582761/ Website - https://cvmconsultants.ca/   Follow Paul: Website - https://www.thefpandaguy.com/    LinkedIn - https://www.linkedin.com/in/thefpandaguy/   Instagram - https://www.instagram.com/thefpandaguy/   TikTok - https://www.tiktok.com/@thefpandaguy   Twitter - https://twitter.com/TheFPandAGuy   YouTube - https://www.youtube.com/@thefpaguy8376     Follow Financial Modeler's Corner  LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true   Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984  

Craig Thompson hosts a special episode featuring Paul Barnhurst, the host of FP&A Today and Financial Modeler's Corner. They delve into the role of FP&A in finance, the strategic importance of financial modeling and decision making, uncovering blind spots in finance, the future of FP&A and financial modeling with AI, the changing role of FP&A professionals, and resources for learning about the space and participating in the Financial Modeling World Cup.

Welcome to Financial Modeler's Corner (FMC) where we discuss the art and science of financial modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by Financial Modeling Institute (FMI)  the most respected accreditations in Financial Modeling globally. In this episode, Paul Barnhurst is joined by Rob Langrick.   Rob Langrick, CFA, CIPM, is the General Manager of the CFA Program. He was previously Head of Practice Analysis, overseeing annual curriculum updates to the CFA Program.   Before joining CFA Institute, he lead Bloomberg’s finance education division, where he built and launched Bloomberg’s certification product. He began his career as a sell-side equity research analyst in London and, after earning his MBA from Dartmouth worked in the private equity diligence unit of Bain & Company in New York. List to this episode as Rob Shares:His learnings from the worst models he has seen in his career  His experience as an Equity AnalystThe CFA Program and why they modified the program to include new contentThe value of FMI's financial modeling content to the new CFA ProgramThe importance of learning about Financial Models His views on why financial models are one of if not the most important corporate decision making tool Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register.   Go to https://earmarkcpe.com , download the app, take the quiz and you can receive CPE credit.  Quotes:    “Often the best way to learn something is to teach it to others.” “Modeling is just another branch of logic, reason and rationality.” Follow Rob Langrick:     LinkedIn - https://www.linkedin.com/in/rob-langrick-cfa-cipm-b16736/   Follow Paul: Website - https://www.thefpandaguy.com/    LinkedIn - https://www.linkedin.com/in/thefpandaguy/Instagram - https://www.instagram.com/thefpandaguy/  TikTok - https://www.tiktok.com/@thefpandaguyTwitter - https://twitter.com/TheFPandAGuy YouTube - https://www.youtube.com/@thefpaguy8376    Follow Financial Modeler's Corner  LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=trueNewsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984    In today’s episode:   (00:22) Intro; (00:48) Welcoming Rob; (01:00) The worst financial model Rob has ever seen ; (02:33) Rob’s key learning experience from the worst financial model ; (04:20) Rob’s background; (06:28) Rob’s experience as an Equity Analyst; (08:53) What motivated Rob to move into Education; (10:27) What lead Rob to join the CFA Institute; (11:55) Roles Rob had at CFA; (14:33 - 15:19) Validate your Financial Modeling Skills with FMI’s Accreditation Program (ad); (15:20) Changes to the Practical Skills Modules; (16:43) People’s response to change; (19:20) Changes apart from Practical Skills; (22:22) The main benefit to Charter Holders; (24:55) Experience with FMI; (26:24) Why is it important for everyone in finance to learn the basics of financial modeling ; (28:33) Rapid Fire; (32:47) Advice to college students; (34:27) Connect with Rob;

Welcome to Financial Modeler's Corner (FMC) where we discuss the art and science of financial modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by Financial Modeling Institute (FMI) the most respected accreditations in Financial Modeling globally. In this episode, Paul Barnhurst is joined by three distinguished modeling experts: Colin Human, David Thompson, and Prem Beejan. Colin Human started out his financial career as a 22-year-old chartered accountant in South Africa. Today, he is the CEO of Goalfix and provides financial modeling consulting and training. David Thompson is an independent financial consultant who provides expert financial modeling, financial planning & analysis, independent valuations, strategy, and corporate development services to both the public and private sectors.   Prem Beejan is the Chairman at Maubank Holdings LTD and the Co-founder of the Financial Modeling Centre in Mauritius. FMI recently awarded Prem the Master Financial Modeler, and he is one of only 6 people globally to be awarded the designation. Listen to this episode as they share about:  How they got started in financial modelingTheir experience and learning from the worst models that they came across Financial modeling over the years and how it has changed.The various Modeling tools used by themThe impact of Generative AI on ModelsThe importance of Formal AccreditationTheir position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, and moreSign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register. Go to https://earmarkcpe.com , download the app, take the quiz and you can receive CPE credit.    Follow Colin Human:     Website - https://goalfixglobal.com/staff/colin-human/ LinkedIn - https://www.linkedin.com/in/colin-human-b8072812/   Follow Prem Beejan:     Website - https://www.fmcmauritius.com/ LinkedIn - https://www.linkedin.com/in/prem-beejan-msc-mfm-5a921025/   Follow David Thompson:     Website - https://tghcorp.com.au/ LinkedIn - https://www.linkedin.com/in/strategy-finance-valuations-modelling/   Follow Paul Barnhurst: Website - https://www.thefpandaguy.com/    LinkedIn - https://www.linkedin.com/in/thefpandaguy/   Instagram - https://www.instagram.com/thefpandaguy/   TikTok - https://www.tiktok.com/@thefpandaguy   Twitter - https://twitter.com/TheFPandAGuy   YouTube - https://www.youtube.com/@thefpaguy8376     Follow Financial Modeler's Corner  LinkedIn Page - https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true   Newsletter - Subscribe on LinkedIn https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984     Quotes:    “ Strategic thinking is really crucial for financial modelers as it allows them to create dynamic, adaptable, insightful models that can support a company's strategy and decision-making . ” - David “ Unquantified strategy is just wishful thinking. It's as simple as that. ” - Colin   “ I am not saying that we cannot build models in other tools , t here could be other tools to build financial models , b ut the best, the easiest, the most accepted, the way it's made, the presentation, the reporting , and everything, it's all Excel. ” - Prem   In today’s episode:   (00:22) Intro; (00:55) Welcoming the Guests - Colin, Prem and David; (01:33) The worst financial model David has ever seen ; (02:31) The worst financial model Colin has ever seen ; (04:16) The worst financial model Prem has ever seen ; (05:44) David’s key learning experience from the worst financial model ; (06:23) Colin’s key learning experience from the worst financial model ; (07:16) Prem’s key learning experience from the worst financial model ; (08:00) David’s background; (09:01) Colin’s background; (10:51) Prem’s background; (13:48) First Model Colin built; (17:10) First Model David built; (19:27) First Model Prem built; (21:55) First Model Paul built; (22:39) Changes seen over the years in Modeling ;  (24:52) Tools used in Modeling; (28:19 - 29:05) Validate your Financial Modeling Skills with FMI’s Accreditation Program (ad); (29:06) What kept David interested in Modeling; (31:08) Prem’s take on the impact of Generative AI on Models; (32:24) Colin’s take on the impact of Generative AI on Models; (34:48) David’s take on the impact of Generative AI on Models; (36:20) Important skills to be a great Financial Modeler - David; (37:29) Important skills to be a great Financial Modeler - Colin; (38:53) Important skills to be a great Financial Modeler - Prem; (40:37) The need for Formal Accreditation’s; (43:19) Why Prem decided to earn the designation of Master Financial Modeler; (46:51) The importance of Strategic Thinking; (49:41) Rapid Fire; (56:42) Nugget on Financial Modeling from the renowned Guests; (58:51) Connect with David, Prem and Colin;

Welcome to Financial Modeler's Corner (FMC) where we discuss the art and science of financial modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by Financial Modeling Institute (FMI) the most respected accreditations in Financial Modeling globally. In this episode, Paul Barnhurst is joined by Zainab Nwachuku , who is the Managing Director and the lead Financial Modeler of The Intellectual Plug which is a consulting firm in Nigeria that helps founders get ready for funding with investors.   Zainab is extremely passionate about financial modeling and hopes more women who are fond of numbers choose to join the profession.   Listen to this episode as Zainab shares: Her journey from accounting to financial modelingHer experience and learnings from the worst models she has come across Her experience working with founders to help turn their ideas into a financial model that can help make their dreams a realityThe horror story of linking workbooks in ExcelHer unwavering passion for ModelingHer position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, and moreSign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register. Go to https://earmarkcpe.com , download the app, take the quiz and you can receive CPE credit.  Quotes:   “ I feel like you actually have to make those mistakes yourself to even get it to understand because otherwise, you know, how do you even know that o h, it's not a model ?” “ Simply being able to actually build a financial model has really taught me a lot about communication. ”   “ If you're not listening to the founder, whether or not they can implement some strategies i f you don't understand that from the founder, the model isn't going to make sense .” Follow Zainab:     Website - https://theintellectualplug.com/ LinkedIn -  https://www.linkedin.com/in/mszainababu/   Follow Paul: Website - https://www.thefpandaguy.com/ LinkedIn - https://www.linkedin.com/in/thefpandaguy/ Instagram - https://www.instagram.com/thefpandaguy/ TikTok - https://www.tiktok.com/@thefpandaguy Twitter - https://twitter.com/TheFPandAGuy YouTube - https://www.youtube.com/@thefpaguy8376 Follow Financial Modeler's Corner  LinkedIn Page - https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true   Newsletter - Subscribe on LinkedIn https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984   Must follow LinkedIn Profiles:   Financial Modeling World Cup https://www.linkedin.com/company/financial-modeling-world-cup/   Financial Modeling Institute https://www.linkedin.com/company/fminstitute/   Chris Reilly https://www.linkedin.com/in/chris-reilly-mission-capital/   Danielle Stein Fairhurst https://www.linkedin.com/in/daniellesteinfairhurst/ Hedieh Kianyfard https://www.linkedin.com/in/hediehkianyfard/   Lance Rubin https://www.linkedin.com/in/financial-modelling/   Giles Male https://www.linkedin.com/in/giles-male-30643b15/ In today’s episode:   (00:22) Intro; (00:51) Welcoming Zainab; (01:06) The worst financial model Zainab has ever seen ; (02:27) Zainab’s key learning experience from the worst financial model ; (03:30) Zainab’s background; (05:00) What is fun and challenging about Modeling; (07:05) About the Financial Modeling Group for women;  (09:50) Women in Modeling; (11:17) About The Intellectual Plug; (12:38) Common Company challenges;  (14:21) Funding routes for Start-ups in Nigeria; (16:10 - 16:57) Validate your Financial Modeling Skills with FMI’s Accreditation Program (ad); (16:58) What does Zainab love about working with these start-ups; (18:36) Challenges Zainab faced to build a model for early stage companies; (20:57) Advice on building models for early stage companies; (24:16) Rapid Fire; (28:07) Nugget on Financial Modeling; (29:45) Connect with Zainab; (30:30) Paul’s best picks The way Zainab talks about terrible models.The way she communicates her journey of building models.The horror story of workbooksAnd her incredible passion for Modeling.  (32:00) Rapid Fire: The Pattern So Far; (35:18) Must Follow LinkedIn Profiles (37:22) CPE Credit (37:40) Outro  

4 highly accomplished and respected modelers in Financial Modeling, Jeff Robson, Danielle Stein Fairhurst, Craig Hatmaker & Ian Schnoor discuss the future of financial modeling with dynamic arrays and LAMBDAs. They discuss the importance of staying current on the latest developments, the potential revolution of LAMBDAs, the benefits of dynamic arrays in model building and auditing, and their favorite dynamic array formulas.

Welcome to Financial Modeler's Corner (FMC) where we discuss the art and science of financial modeling with your host, Paul Barnhurst. Financial Modeler's Corner is sponsored by Financial Modeling Institute (FMI) the most respected accreditations in Financial Modeling globally. In this episode, Paul Barnhurst is joined by Hedieh Kianyfard, who is the founder of Finexmod. This is the website where Hedieh shares her views on financial modeling and shows that it’s possible to have fun with finance. Hedieh is passionate about economic development and aims to make financial modeling easy and fun for everyone. Listen to this episode as Hedieh shares: Her journey and background in financial modeling Her experience and learning from the worst models that she came across How Hedieh considers Modeling as a great career and more than a stepping stone. Responsibility as a modeler to reject bad projects and help ensure good projects are accepted. Everything about her book- Financial Modeling Detective 10 Financial Modeling Commandments Why people should avoid circular references – hint they are the devil 😊 The importance of having a decision-making mindset Her position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, and more Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register. Quotes: “A Financial Modeler is like a Fortune Teller.” “Modeling is a great career and more than a stepping stone.” “ It’s important to put yourself, in the end, users' shoes to understand their needs better. ” “ As modelers we have a responsibility to reject bad projects and help ensure good projects are accepted. ” Follow Hedieh: Website - https://www.finexmod.com/ LinkedIn - http://linkedin.com/in/hediehkianyfard Instagram - https://instagram.com/finexmod Facebook - https://m.facebook.com/people/Finexmod/100063965894693/ Youtube - https://youtube.com/@FinancialModelDetective The Interpolate-Lookup function as explained by Professor Edward Bodmer- https://edbodmer.com/interpolate-lookup-function/ Financial Model Detective Book: Financial Model Detective: Hints and tricks for review of financial models: Kianyfard, Hedieh: 9781074174606: Amazon.com: Books  Follow Paul: Website - https://www.thefpandaguy.com/ LinkedIn - https://www.linkedin.com/in/thefpandaguy/ Instagram - https://www.instagram.com/thefpandaguy/ TikTok - https://www.tiktok.com/@thefpandaguy Twitter - https://twitter.com/TheFPandAGuy YouTube - https://www.youtube.com/@thefpaguy8376 Follow Financial Modeler's Corner LinkedIn Page - https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true Newsletter - Subscribe on LinkedIn https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984  In today’s episode: (00:22) Intro; (00:45) Welcoming Hedieh;(01:06) The worst financial model Hedieh has ever seen ;(03:26) Hedieh’s key learning experience from the worst financial model ;(06:23) Hedieh’s background;(09:35) About Hedieh’s website - Finexmod(10:23) About Hedieh’s book - Financial Modeling Detective(12:25) Why is it important to have someone audit Financial Models(16:12) Financial Model Ten Commandments(17:31) Rule 9 - Why people should avoid circular references(19:21) Rule 10 - The Modeler shouldn’t be selfish(21:15 - 22:02) Validate your Financial Modeling Skills with FMI’s Accreditation Program (ad); (22:03) The decision makers mindset; (26:31) How to develop that decision making mindset; (28:30) What is the process of infrastructure project; (30:58) Rapid Fire; (35:31) When did Hedieh realize Financial Modeling as a career (37:31) Connect with Hedieh; (38:32) Paul’s best picks: (40:50) CPE Credit with this episode; (41:20) Outro Go to https://earmarkcpe.com , download the app, take the quiz and you can receive CPE credit.