Building a Financial Model to Support Business Decisions | New York City

About this workshop series

Models mean different things to different people, but they are basically a simplified representation of a system built to support predictions and/or decision making.

In part I of this two part series, we’ll talk about first steps in building a model, how to define the purpose/use of the model, and how to determine what business questions you’re trying to solve. In part II of this series, we’ll begin to analyze the model that we’ve built to understand how we can use the model and analysis to drive business decisions. The class will be hands-on and students will work in groups to build several different types of models, which we will review as a class.

The class will be hands-on and students will work in groups to build several different types of models, which we will review as a class.

Prereqs & Preparation

Comfort with basic excel commands: “if” statements, copy and paste, addition, subtraction. If you need to brush up on Excel “if” statements, check out this article: http://office.microsoft.com/en-us/excel-help/if-HP005209118.aspx