Question: How well understood is the financial modeling profession?
Answer: The financial modeling profession has been around for centuries. It is fair to say that financial modeling in its rudimentary forms has been around since the time man invented numbers and figured out basic math, such as addition, subtraction and multiplication. Ever since, people have been tracking business data in record books, and doing their calculations and book keeping with pen and paper. What’s different today is that we have very powerful computers, and so, our level of financial modeling complexity has increased. But per se, the financial modeling industry is very mature, and quite well understood, and one that key decision makers have relied on for ages.
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