Financial Modeling Cooperative Education Program
A Real-World, Real-Time Financial Modeling Experience
Dealing with uncertainty is one of the most difficult aspects of a career in equity research or asset management. Even if an analyst is able to accurately project a company’s earnings and cash flows, there is no guarantee of how the market will react to the results. Prospective analysts must therefore develop a level of comfort in dealing with uncertain outcomes, in addition to learning the fundamental modeling concepts, in an environment of imperfect data.
Our Cooperative Modeling Program delivers all of these critical components for your financial modeling development. We use a real-world company as the subject of our training, not a theoretical textbook example where all the datapoints fit together perfectly. Financial reporting can be complex, and companies are selective in what they disclose. A real subject company will help you learn how to deal with shortcomings in data availability, while you apply the techniques commonly accepted in practice.
Our program is taught in real-time, meaning you will build a financial model and project earnings for the subject company before the company reports quarterly results. On the night of the company’s earnings release, we will read the filing, listen to the conference call, and update our model together as a group. This approach will give you the practice of developing a forecast in a scenario where you are not certain of the outcome, in a fun and relaxed setting...Click to continue reading.