This week we are bringing you a unique episode. This episode is a Breaking Into Finance podcast episode hosted by Craig Thompson featuring Paul Barnhurst.

Show Notes from Breaking Into Finance

Last episode we teed up the topic of exit opportunities and the types of careers paths available to finance professionals. Today we're excited to be joined by Paul Barnhurst AKA The FP&A Guy, host of FP&A Today and Financial Modeler's Corner. Financial Planning & Analysis ("FP&A") drives the strategic finance function at corporates and is an increasingly popular next step for ex-bankers. Paul is a thought leader in the space who helps break down the FP&A role, the skills you need to be successful, and his thoughts on the future of financial modeling.

Welcome to Financial Modeler's Corner (FMC) where we discuss the art and science of financial modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by Financial Modeling Institute (FMI) the most respected accreditations in Financial Modeling globally. In this episode, Paul Barnhurst is joined by Rob Langrick.

Rob Langrick, CFA, CIPM, is the General Manager of the CFA Program. He was previously Head of Practice Analysis, overseeing annual curriculum updates to the CFA Program.

Before joining CFA Institute, he lead Bloomberg’s finance education division, where he built and launched Bloomberg’s certification product. He began his career as a sell-side equity research analyst in London and, after earning his MBA from Dartmouth worked in the private equity diligence unit of Bain & Company in New York.

List to this episode as Rob Shares:

• His learnings from the worst models he has seen in his career

• His experience as an Equity Analyst

• The CFA Program and why they modified the program to include new content

• The value of FMI's financial modeling content to the new CFA Program

• The importance of learning about Financial Models

• His views on why financial models as one of if not the most important corporate decision making tool

Welcome to Financial Modeler's Corner (FMC) where we discuss the art and science of financial modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by Financial Modeling Institute (FMI) the most respected accreditations in Financial Modeling globally.

In this episode, Paul Barnhurst is joined by three distinguished modeling experts: Colin Human, David Thompson, and Prem Beejan.

Colin Human started out his financial career as a 22-year-old chartered accountant in South Africa. Today, he is the CEO of Goalfix and provides financial modeling consulting and training.

David Thompson is an independent financial consultant who provides expert financial modeling, financial planning & analysis, independent valuations, strategy, and corporate development services to both the public and private sectors.

Prem Beejan is the Chairman at Maubank Holdings LTD and the Co-founder of the Financial Modeling Centre in Mauritius. FMI recently awarded Prem the Master Financial Modeler, and he is one of only 6 people globally to be awarded the designation.

Listen to this episode as they share about:

• How they got started in financial modeling

• Their experience and learning from the worst models that they came across

• Financial modeling over the years and how it has changed.

• The various Modeling tools used by them

• The impact of Generative AI on Models

• The importance of Formal Accreditation

• Their position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, and more

Welcome to Financial Modeler's Corner (FMC) where we discuss the art and science of financial modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by Financial Modeling Institute (FMI) the most respected accreditations in Financial Modeling globally.

In this episode, Paul Barnhurst is joined by Zainab Nwachuku, who is the Managing Director and the lead Financial Modeler of The Intellectual Plug which is a consulting firm in Nigeria that helps founders get ready for funding with investors.

Zainab is extremely passionate about financial modeling and hopes more women who are fond of numbers choose to join the profession.

Listen to this episode as Zainab shares:

• Her journey from accounting to financial modeling

• Her experience and learnings from the worst models she has come across

• Her experience working with founders to help turn their ideas into a financial model that can help make their dreams a reality

• The horror story of linking workbooks in Excel

• Her unwavering passion for Modeling

• Her position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, and more

• In this episode, Paul shares some great modeling people and companies to follow to stay up to date on modeling.

Welcome to Financial Modeler's Corner (FMC) where we discuss the art and science of financial modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by Financial Modeling Institute (FMI), the most respected accreditations in Financial Modeling globally.

In this episode, your host, Paul Barnhurst is joined by 4 fabulous guests, namely, Jeff Robson, Danielle Stein Fairhurst, Craig Hatmaker & Ian Schnoor. They are all highly accomplished and respected modelers in the Financial Modeling profession. In this episode they share thoughts on Dynamic Arrays and LAMBDAs.

Jeff is a Financial Modeler, Business Analyst, International Trainer & Presenter. Danielle Stein is a Financial Modeler, Author, and Corporate Trainer based in Australia. Craig is a retired Financial Modeler and is a 5G (fifth generation) modeling enthusiast, and Ian Schnoor is the Executive Director at the Financial Modeling Institute (FMI), which is also the sponsor of this Podcast.

Listen to this episode as the guests talk about:

• Why it is important to keep current on the latest developments in modeling

• LAMBDAs what they are and how they could revolutionize financial modeling

• Dynamic Arrays, what they are, how they work, and what it is like to build a model using Dynamic Arrays

• How Dynamic Arrays will make auditing models easier

• The guest's favorite Dynamic Array formulas

Welcome to Financial Modeler's Corner (FMC) where we discuss the art and science of financial modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by Financial Modeling Institute (FMI) the most respected accreditations in Financial Modeling globally.

In this episode, Paul Barnhurst is joined by Hedieh Kianyfard, who is the founder of Finexmod. This is the website where Hedieh shares her views on financial modeling and shows that it’s possible to have fun with finance.

Hedieh is passionate about economic development and aims to make financial modeling easy and fun for everyone.

Listen to this episode as Hedieh shares:

• Her journey and background in financial modeling

• Her experience and learning from the worst models that she came across

• How Hedieh considers Modeling as a great career and more than a stepping stone.

• Responsibility as a modeler to reject bad projects and help ensure good projects are accepted.

• Everything about her book- Financial Modeling Detective

• 10 Financial Modeling Commandments

• Why people should avoid circular references – hint they are the devil 😊

• The importance of having a decision-making mindset

• Her position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, and more

In this episode, Paul Barnhurst is joined by Chris Reilly, who is the founder of Financial Modeling Education. Chris spent many years working in private equity and today, he runs his own business focused on providing financial modeling education and financial modeling consulting services.

Chris Reilly is very passionate about Financial Modeling and helping others learn to build robust financial models focused on the 3-financial statements.

Listen to this episode as Chris shares:

• The worst model he ever built; hint it involves using his phone :)

• His journey and background into Modeling

• The importance of simple, uncomplicated model design

• How being a part of a financial modeling community like FMI can help modelers

• The revolver approach for managing cash and why it is important in modeling

• The benefits and challenges of using EBITDA to value a company

• His position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, and more

In this episode, Paul Barnhurst is joined by David C. Brown, who is the Founder of Financial Modeling University Championships. He is an Associate Professor of Finance, and his teaching is focused on Financial Modeling, where he brings his real-world experience to the classroom with his students.

He is very passionate about research and the Wall Street Journal and MarketWatch have highlighted his work.

Listen to this episode as David shares:

• His journey and background into Modeling

• His experience starting and running the Microsoft Excel Collegiate Challenge

• How Financial Modeling competitions help you grow and learn

• The key differences between modeling for competition and modeling for work

• His learning from his research and years of experience

• How he would structure the college finance program if he were in charge

• His latest research on Target Date Funds and how they perform relative to other retirement portfolios

• His position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, and more

In this episode, Paul Barnhurst is joined by Diarmuid Early, one of the best modelers in the world and, the Founder of Early Days Consulting. He is a regular competitor in the Financial Modeling World Cup (FMWC) and is often referred to as the Michael Jordan of financial modeling for his impressive results. He is the winner of the 2021 FMWC and a runner-up in the 2020 and 2022 editions.

In this episode, Paul Barnhurst is joined by David Brown, the Managing Partner of D Brown Consulting and one of the most respected financial modelers, consultants, and educators in the field of finance with offices on multiple continents.

Listen to this episode as David shares:

His journey and background into ModelingHow to find your passion and be willing to put yourself out there

• How he learned he had a passion for teaching at a young age

• How intuition is a good place to start, but the model helps validate hunches and numbers

• How he explains the balance sheet without using numbers to non-finance people

• Ways to embrace AI and use it to be more efficient in the work you do.

• His position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, and more.

Welcome to Financial Modeler's Corner (FMC) where we discuss the art and science of financial modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by Financial Modeling Institute (FMI) the most respected accreditations in Financial Modeling globally.

In this first episode, Paul Barnhurst is joined by Ian Schnoor, the Executive Director of the Financial Modeling Institute and one of the foremost educators on financial modeling globally.

Listen to this episode as Ian shares:

· What it was like in the early days of financial modeling

· Why FMI created a financial modeling accreditation in the first place

· The importance of Financial Modeling as a profession

· How FMI created a community to help all modelers find the best resources and elevate the profession in the process