What are Financial Models?

Financial Models are the summaries of an organization's performance. Financial Models are devised depending upon certain variables such as Historical results and assumptions and the company's overall cash flow. A financial model is used to predict and analyze the future of the financial health of a company. An excellent financial model should have specific characteristics such as; it should be correct and user-friendly. Besides, to make use of financial models, they should be developed without errors. A person who graduated in Finance can quickly develop integrated financial models.