FMDA's Recommended Financial Modelling Books

Financial Models are created by amateurs and finance professionals alike but standardised techniques are rarely used effectively - even by the professionals! This can cause no-end of mistakes and frustrations which is why FMDA would like to recommend a few helpful guides to ensure that YOU can be one of those few who get it right!

Below is a small selection of texts that we stand-by as an excellent grounding for financial modelling:

 (9/10) For Intermediate Excel users

Mastering Financial Modelling in Microsoft Excel comes highly recommended by FMDA as an excellent guide for the intermediate Excel user. The author begins with a comprehensive walk-through of basic modelling techniques before gradually moving through to more complex models. An accompanying CD includes templates and example models to help users fully understand the described techniques. The author focusses mainly on the financial modelling aspect, whilst the user is expected to have an intermediate knowledge of Excel.

 (8/10) For Basic to Intermediate Excel users
Financial Modelling and Asset Valuation with Excel provides an excellent grounding for newcomers to Excel financial modelling. The author begins with a focus on Excel formulas, functionality and techniques before getting to grips with the business of financial modelling - an excellent tool to get more basic Excel users up-to-scratch before tackling the complexities of modelling. Having said that, intermediate Excel users are sure to find a few useful hints and tips in these early chapters.

 (8/10) For Basic to Intermediate Excel users
Practical Financial Modelling: A Guide to Current Practice (2nd Edition) is again an excellent text for more basic Excel users who would benefit from helpful hints and tips regarding best practice in Excel in an equal dose to that of financial modelling. The text moves right through into more advanced uses of Excel, such as VBA which is essential for the more complex modelling techniques.

FMDA Consultancy provide training and consultancy services for Financial Modelling and Data Analysis. Contact us at fmdaconsultancy@gmail.com.