FinPod: What's New at CFI - What's New at CFI | How to Build a Financial Model

In this episode of FinPod by Corporate Finance Institute, we discuss how to build a financial model. We address common issues beginners face, like too quickly relying on Excel, and provide tips to streamline the model-building process. Emphasizing the importance of design, we cover the tangible benefits of reverse-engineering financial modeling problems and working backward from the outputs. Get advice on creating efficient, effective models, and tune in to get inspired when starting a financial model! Chapters: 00:00 - Introduction 00:21 - The importance of financial models in decision-making 02:41 - Why designing on paper before Excel is crucial 04:05 - How to start with the outputs and work backward 06:50 - Balancing simplicity and complexity in your model 08:34 - Ratio of time spent on designing vs. building 11:07 - Real-world examples and common mistakes 13:27 - Key takeaways #CorporateFinance #FinancialAnalysis #FinanceEducation #FinancialPlanning #FinancialModeling