This section provides an overview of the main skills and capabilities that a well-rounded and professional financial modeller should possess. Some of these were illustrated by the discussion and simple examples earlier in the Chapter. The issues mentioned here are covered in much more detail in later materials, as the CertFM Program is designed to cover these skills and capabilities.
We noted earlier that the modelling process in general consists of three stages (even if in a specific situation, one or other of these may be the dominant focus of activity):
The main skills and capabilities fall into the following areas:
The overall CertFM Program is structured to develop these skills and knowledge in an effective and focused way.