updating your financial modeling skills

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Updating Your Skills in Today’s Financial Modeling Job Market

Today’s financial modeling job market can be difficult to navigate. Are there jobs? What skills does someone need? These are all questions many financial modeling job seekers ask themselves. Whether you are unemployed or currently working in another field and hoping to find a job in the financial modeling market, it is important to update your financial modeling skills in order to find your next financial modeling job.  Here are some ways for updating your skills in today’s financial modeling job market.

ATTEND A CONFERENCE – A good way to network and keep in the financial modeling loop is to attend a professional conference. Doing so can keep you up-to-date with what is happening in the industry and see what kinds of groups, classes, and latest skills are available to financial modeling professionals. If you are a member of a professional organization or unemployed, be sure to see if there are conference discounts available before you attend.

TAKE A CLASS – Another way to keep your skills updated in financial modeling is to take a class that is applicable to your field. Take the class in person so you can make the connections and network with your classmates and other professionals taking the class or other classes at your school.  If you are unemployed, be sure to check and see what type of training and classes are available to you through the unemployment office. Occasionally there are free community college courses as well as grants available to those that are unemployed.

GET A CERTIFICATION – Advancing your financial modeling skills with a professional certification can be a great way to update your skills. Many times you can network while working on your certification, both in class and virtually, as well as update your skills. Attaining a certification can show your commitment to financial modeling as a profession as well as keep your skill updated and ready for your next financial modeling job.

Updating your skills in today’s financial modeling job market is important to keep you competitive. Be sure to find ways to stay engaged in your profession even if you are unemployed. Keep your resume updated and remember that anything you do can help you network, stay engaged, and keep you competitive in today’s financial modeling job market.


Improving Technology Skills in Financial Modeling

The field of financial modeling is laden with technology. As with almost every field, technology plays a role in successful business operations. When working in financial modeling, it is vital that you have a good understanding of the technology used with your field.  Additionally, it is important to keep your skills up-to-date.  Here are some ways to update your technology skills.

TAKE A COURSE – There are many course opportunities available to professionals today. Both traditional classroom and online opportunities are available. Consider taking courses in basic software programs such as Microsoft Word and Excel or a training class in a particular specialized software program you use in your own office.

CONDUCT TRAINING – If you are experienced in the technology that is used in your line of business, it can be very beneficial to conduct a training session for your coworkers.  Conducting training can help you refresh your knowledge and skills as well as help your financial modeling coworkers updates their skills.

BRING IN THE EXPERTS – Another way to update your financial modeling technology skills is to contact the company that supports or sells your software or particular technology.  These companies typically have trainers available to hire to come to your place of business and train you and your coworkers. This can be very helpful for beginning and advanced users of any technology utilized in your office.

Whether you choose to update your technology knowledge and skills on your own or by hiring a professional trainer, you will find that updating your skills and professional knowledge through technology training is beneficial to your career.  Technology training and knowledge is an excellent bullet point for your resume as well as a way to stay updated in your financial modeling career.


How to Become a CFMS

See the steps involved in earning the CFMS designation. Read more.

Why Hire a CFMS?

What sets a Certified Financial Modeling Specialist (CFMS) apart? Read more.

Study Guide

Want to learn more? Download the CFMS study guide here.

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