Financial models are mathematical models used to calculate or estimate financial data. A financial model may be a simple formula or a complex system of variables, depending on each use. These models are used in many business companies for financial data analysis and quantitative business aspects. These models are also helpful not only in business sectors, but also in the field of economics and marketing. They understand market behavior and are used for decision-making purposes. Financial models are also used in historical analysis, investments, financial performance, government, and banking. There are many types of financial models, depending on the problem to solve and the need for it. These financial models are made by “financial analysts,” who earned a degree or undergo formal training in financial modelling. Analysts make their own criteria or techniques in order to build a model based on the particular needs of a company client. There are also financial model global training camps conducted across the globe, and the said field also conducts professional competitions among various professionals and university students from over a hundred participating countries. These participants exhibit their analytical skills in financial modelling, competing through pioneering challenges. This event is hosted by several big names in the software industry. In the world of financial modelling, Microsoft Excel is a vital tool in the process. Because it is the tool used to make the complex formulas for a financial model, it is very beneficial to undergo rigorous Excel training. The following is also required In order to make a financial model: knowledge of financial formulas to be used, presentation of spreadsheets, links and hyperlinks, data analysis, proofing, shortcut keys, graphs, formatting, and many basic computer programming skills. In addition to in-person training courses conducted in different countries, online self-study courses are also available that can help you prepare for jobs or interviews related to financial modelling jobs. Online video lectures are also available, where instructors use the step by step approach. You can choose from basic to premium packages depending on your ability and knowledge. There are also industry based financial modelling training courses suitable for people who are already in the industry and want to learn more about the software. Professionals, such as those in the oil and gas, banking, real estate, restructuring, and accounting industries can also benefit from industry based modelling packages . For those who are interested in taking basic courses, there are also Excel training courses specifically designed for financial modelling, and refresher course for those who want to brush up on their knowledge. By learning about financial modelling, many job-seekers can be at the edge of the booming careers related to IT. Top performing professionals who have created names in the IT industry also started from learning the basics. It is always a good idea to start learning through reading about these models and then learn how to manipulate it through Excel knowledge.