Talk:Financial modeling
This article is rated Stub-class on Wikipedia's content assessment scale. It is of interest to the following WikiProjects: | |||||||||||||||||||||
|
Merge proposal
[edit]- The following discussion is closed. Please do not modify it. Subsequent comments should be made in a new section. A summary of the conclusions reached follows.
- The result of this discussion was to merge
"It has been suggested that this article or section be merged with Modeling and analysis of financial markets."
- I believe this page deserves to survive. Financial modeling is a wider topic and a separate activity than 'analysis' in the first place. Modeling is a trade craft (producing a tool for analysis), not a science in itself. To conflate the two would be a mistake. As well, implying a realm within 'financial markets' for the activity would miss-out its wider use in general 'business modeling' activities. FASTModeler (talk) 17:02, 9 July 2008 (UTC)
- Rather than just voice an opinion, I thought I'd take a stab at indicating how/where I thought the linkage might be accomplished, and why this page could focus on the 'tool building' perhaps and other pages on the (not to argue) perhaps more important aspects of the analysis itself. I'm a competent MBA who's been modeling as a professional career for 15 years (and run a business that does this). I have my own opinions, but I have tried to be faithful to the Wiki philosophy of being sensitive to others opinions. FASTModeler (talk) 00:20, 10 July 2008 (UTC)
- Financial modeling need not mean "Modeling and analysis of financial markets". Often Financial modeling, as it is used in a job description, is used to forecast business finance. If the business is not involved directly with financial markets then this often has little to do with them, but rather the spending, profit, risk etc. involved within a project or the business as a whole. They are both analysis of finance but so are many other things that you would not merge under the heading of Modeling and analysis of financial markets, such as forensic accounting. Just because they both use the term modeling does not mean they are the same, or indeed directly related. —Preceding unsigned comment added by 139.130.194.246 (talk) 00:12, 27 August 2008 (UTC)
- "Modeling and analysis of financial markets" is a subset of financial modeling as financial modeling not only incorporates modeling of financial markets but also business modeling for acquisition and forecasting purposes and general spreadsheeting. I would therefore be inappropriate to limit financial modelling by bringing it under the heading of modeling and analysis of financial markets although modeling and analysis of financial markets could be brought under the general heading of financial modelling if this was deemed appropriate. However I would imagine there is sufficient material on both subjects for modeling and analysis of financial markets to have a separate page. —Preceding unsigned comment added by 213.152.230.220 (talk) 18:06, 10 November 2008 (UTC)
- "Financial markets" are a broad sub-segment of financial models, although they get the most media and academic attention. Financial modeling is the process of developing computer programs, be they in spreadsheets or code, that attempt to predict future performance. This performance does not need an uncertainly assumption, as something like the DuPont Model is also a very simple financial model. In my experience, financial modeling has several broad domains. Accounting/Budgeting like a typical linear corporate budget. Operations management like activity based costing under uncertainty for a call-center or manufacturing line. Valuation, like using vintage rate roll models or markov models to predict the performance of structure finance products. And risk-based such as banking asset-liability management models, Basel loss-given-default modeling or insurance company RBC standards. The most common tools used are the linear-flow rate model, vintage cohort models, markov transition rate models, and different types of generalized linear models like log-regression. Less common are higher-statistical tools used by hedge funds or other entities for market movement prediction. Financial markets represent a very small sub-set of this field. —Preceding unsigned comment added by 71.34.191.194 (talk) 12:02, 13 November 2008 (UTC)
- I also agree that "financial modelling" is too broad a topic to be subsumed under the realm of modelling of financial markets. It is unfortunate that there are several distinct versions of "financial modelling", including: financial markets and instruments, auditing and accounting, business performance and analysis, and project finance analysis -- to name some. I personally have been involved in each the above, with the exception of the first, for the past 25 years. Several titles of 'financial modelling' books have also not entirely clarified what kind of modelling is being targeted by the book. This serves to continue muddying the concept. Possibly it's time that such a freewheeling moniker be replaced by more explanatory subject headings? Rhorocholyn (talk) 04:38, 29 December 2008 (UTC)
- I agree that "financial markets" is too limiting. I have written a book on financial analysis of IT projects - it has nothing to do with financial markets. User:cliffberg —Preceding undated comment added 18:46, 10 September 2009 (UTC).
- I agree that "financial modeling" is a much broader topic than "modeling and analysis of financial markets". Also, I would like to note that "modeling and analysis of financial markets" is not a pure subset of "financial modeling" as it has aspects which do not relate to financial modeling. As such, I believe that both pages deserve to survive.
- I have long been frustrated with the assumption held by many that the discipline of financial modeling is somehow inextricably linked with financial market analysis. Most of my work is driven by low level operational detail, which is built up into a set of cash flows for a business which may be small, medium-sized or very large. Financial markets simply have no bearing on my model inputs, nor on the decisions my models seek to support. pke81885 (talk) 15:02, 28 September 2001 (UTC)
- pke81885 has hit the target here. Much of my financial modeling activity is to quantify a plan. Generally, the greater the level of detail in the model the more accurate the quantification. A case can be made that "financial modeling" itself is a subset of complex systems analysis. —Preceding unsigned comment added by 72.44.5.226 (talk) 18:26, 29 December 2010 (UTC)
Selected books?
[edit]I do not consider the list of selected books to be encyclopedic content. The article should stand on its own and use books as sources. Offering a list of many books goes beyond our purposes and encourages promotional activity. On what basis are these books selected and who makes the decisions? Jojalozzo 13:39, 20 March 2013 (UTC)
External links modified
[edit]Hello fellow Wikipedians,
I have just added archive links to one external link on Financial modeling. Please take a moment to review my edit. If necessary, add {{cbignore}}
after the link to keep me from modifying it. Alternatively, you can add {{nobots|deny=InternetArchiveBot}}
to keep me off the page altogether. I made the following changes:
- Added archive {newarchive} to http://www.cluteinstitute.com/Programs/Las_Vegas_2009/Article%20323.pdf
When you have finished reviewing my changes, please set the checked parameter below to true or failed to let others know (documentation at {{Sourcecheck}}
).
This message was posted before February 2018. After February 2018, "External links modified" talk page sections are no longer generated or monitored by InternetArchiveBot. No special action is required regarding these talk page notices, other than regular verification using the archive tool instructions below. Editors have permission to delete these "External links modified" talk page sections if they want to de-clutter talk pages, but see the RfC before doing mass systematic removals. This message is updated dynamically through the template {{source check}}
(last update: 5 June 2024).
- If you have discovered URLs which were erroneously considered dead by the bot, you can report them with this tool.
- If you found an error with any archives or the URLs themselves, you can fix them with this tool.
Cheers.—cyberbot IITalk to my owner:Online 13:59, 29 February 2016 (UTC)
External links modified
[edit]Hello fellow Wikipedians,
I have just modified one external link on Financial modeling. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:
- Added archive https://web.archive.org/web/20101207045925/http://www.fooledbyrandomness.com/fortune.pdf to http://www.fooledbyrandomness.com/fortune.pdf
When you have finished reviewing my changes, you may follow the instructions on the template below to fix any issues with the URLs.
This message was posted before February 2018. After February 2018, "External links modified" talk page sections are no longer generated or monitored by InternetArchiveBot. No special action is required regarding these talk page notices, other than regular verification using the archive tool instructions below. Editors have permission to delete these "External links modified" talk page sections if they want to de-clutter talk pages, but see the RfC before doing mass systematic removals. This message is updated dynamically through the template {{source check}}
(last update: 5 June 2024).
- If you have discovered URLs which were erroneously considered dead by the bot, you can report them with this tool.
- If you found an error with any archives or the URLs themselves, you can fix them with this tool.
Cheers.—InternetArchiveBot (Report bug) 07:07, 17 September 2017 (UTC)
External links modified
[edit]Hello fellow Wikipedians,
I have just modified one external link on Financial modeling. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:
- Added archive https://web.archive.org/web/20100407003951/http://www.fimodo.com/2009/11/six-reasons-your-spreadsheet-is-not-a-financial-model/ to http://www.fimodo.com/2009/11/six-reasons-your-spreadsheet-is-not-a-financial-model/
When you have finished reviewing my changes, you may follow the instructions on the template below to fix any issues with the URLs.
This message was posted before February 2018. After February 2018, "External links modified" talk page sections are no longer generated or monitored by InternetArchiveBot. No special action is required regarding these talk page notices, other than regular verification using the archive tool instructions below. Editors have permission to delete these "External links modified" talk page sections if they want to de-clutter talk pages, but see the RfC before doing mass systematic removals. This message is updated dynamically through the template {{source check}}
(last update: 5 June 2024).
- If you have discovered URLs which were erroneously considered dead by the bot, you can report them with this tool.
- If you found an error with any archives or the URLs themselves, you can fix them with this tool.
Cheers.—InternetArchiveBot (Report bug) 23:10, 30 September 2017 (UTC)