There are countless Financial Modeling courses, tutorials, articles available online, but for some, having a book is still a necessity to learn. This is an up-to-date list of recommended books.
1. Hands-On Financial Modeling with Microsoft Excel 2019: Build practical models for forecasting, valuation, trading, and growth analysis using Excel 2019 (2019)
Financial modeling is a core skill required by anyone who wants to build a career in finance. Hands-On Financial Modeling with Microsoft Excel 2019 examines various definitions and relates them to the key features of financial modeling with the help of Excel. This book will help you understand financial modeling concepts using Excel, and provides you with an overview of the steps you should follow to build an integrated financial model. You will explore the design principles, functions, and techniques of building models in a practical manner. Starting…
2. Financial Modeling in Excel For Dummies (2017)
Financial Modeling in Excel For Dummies is your comprehensive guide to learning how to create informative, enlightening financial models today. Not a math whiz or an Excel power-user? No problem! All you need is a basic understanding of Excel to start building simple models with practical hands-on exercises and before you know it, you’ll be modeling your way to optimized profits for your business in no time. Excel is powerful, user-friendly, and is most likely already installed on your computer—which is why it has so readily become the most popular financial modeling software. This book shows you how to harness Excel’s…
3. Microsoft Excel Data Analysis and Business Modeling (5th Edition) (2016)
Master business modeling and analysis techniques with Microsoft Excel 2016, and transform data into bottom-line results. Written by award-winning educator Wayne Winston, this hands on, scenario-focused guide helps you use Excel’s newest tools to ask the right questions and get accurate, actionable answers. This edition adds 150+ new problems with solutions, plus a chapter of basic spreadsheet models to make sure you’re fully up to speed. …
4. Regression Modeling with Actuarial and Financial Applications (International Series on Actuarial Science) (2009)
Statistical techniques can be used to address new situations. This is important in a rapidly evolving risk management and financial world. Analysts with a strong statistical background understand that a large data set can represent a treasure trove of information to be mined and can yield a strong competitive advantage. This book provides budding actuaries and financial analysts with a foundation in multiple regression and time series. Readers will learn about these statistical techniques using data on the demand for insurance, lottery sales, foreign exchange rates, and other…
5. Foundations of Real Estate Financial Modelling (2018)
Foundations of Real Estate Financial Modelling, Second Edition is specifically designed to provide the scalable basis of pro forma modelling for real estate projects. The book introduces students and professionals to the basics of real estate finance theory prior to providing a step-by-step guide for financial real estate model construction using Excel. The book introduces an innovative new financial metric, P(Gain), which quantifies the probability of a Return of Capital and answers the most basic question for investing, “What is the probability I get my money back?”. This new second edition has been fully revised…
6. Financial Modeling For Equity Research: A Step-by-Step Guide to Earnings Modeling and Stock Valuation for Investment Analysis (2019)
From the Author: This is not another boring, impossible to read, thousand-page textbook. On the contrary, this is an exciting journey into the world of Wall Street-style financial modeling. The motivation behind this book comes from my days as a new research analyst, trying to juggle the demands of 80-plus hour work weeks, FINRA exams, and client meetings, while attempting to learn the basics of modeling. At the time I sought outside educational resources only to find useless classes focused on spreadsheet tricks, or high-level theory-based books with little…
7. Financial Analysis and Modeling Using Excel and VBA, 2nd Edition (2009)
Note: This ISBN is the standalone book, does not include CD-ROM.An updated look at the theory and practice of financial analysis and modeling Financial Analysis and Modeling Using Excel and VBA, Second Edition presents a comprehensive approach to analyzing financial problems and developing simple to sophisticated financial models in all major areas of finance using Excel 2007 and VBA (as well as earlier versions of both). This expanded and fully updated guide reviews all the necessary financial theory and concepts, and walks you through a wide range of real-world financial problems and models that you can…
8. Foundations of Real Estate Financial Modelling (2015)
Foundations of Real Estate Financial Modelling is specifically designed to provide an overview of pro forma modelling for real estate projects. The book introduces students and professionals to the basics of real estate finance theory before providing a step-by-step guide for financial model construction using Excel. The idea that real estate is an asset with unique characteristics which can be transformed, both physically and financially, forms the basis of discussion. Individual chapters are separated by functional unit and build upon themselves to include information on: Further chapters are dedicated to risk quantification and include…
9. Financial Modeling For Equity Research: A Step-by-Step Guide to Earnings Modeling (2017)
This book demonstrates step-by-step how to create a financial model. The accompanying Excel files demonstrate the key concepts and can be used as templates to create an earning model for nearly any company. Readers without prior financial analysis experience will gain a fundamental understanding of exactly what modeling entails, and will learn how to create a basic form of an earnings model. Advanced readers will be introduced to more complex topics such as linking the financial statements, future period calibration, and incorporating macroeconomic variables into discounted valuation analysis through the equity…
10. Financial Analysis with Microsoft Excel 2016, 8E (2017)
Take your spreadsheet skills to a new level of proficiency! Giving you hands-on experience solving real financial problems, Mayes/Shank’s FINANCIAL ANALYSIS WITH MICROSOFT EXCEL 2016, 8E, equips you with a solid foundation in corporate finance while helping you maximize the tools professionals use every day. Packed with examples, the text covers today’s most important corporate finance topics, including financial statements, budgets, the Security Market Security Line, pro forma financial statements, cost of capital, VBA programming, and Pivot Tables. It also…
11. Financial Modeling using R (2018)
This is a programming book written by a finance professor. This book will be an ideal textbook for many quantitative finance courses, such as (next generation) financial modeling, portfolio theory, empirical research in finance, computational finance, and risk management. The book has three unique characteristics: (1) use free software; (2) combine programming with various finance theories, such as ratio analysis, CAPM, Fama-French 5-factor model, portfolio theory, options and futures, credit analysis, VaR (Value at Risk), and Monte Carlo…
12. Financial Modeling for Business Owners and Entrepreneurs: Developing Excel Models to Raise Capital, Increase Cash Flow, Improve Operations, Plan Projects, and Make Decisions (2014)
Financial Modeling for Business Owners and Entrepreneurs: Developing Excel Models to Raise Capital, Increase Cash Flow, Improve Operations, Plan Projects, and Make Decisions may be one of the most important books any entrepreneur or manager in a small or medium-sized enterprise will read. It combines logical business principles and strategies with a step-by-step methodology for planning and modeling a company and solving specific business problems. You’ll learn to create operational and financial models in Excel that describe the workings of your company in quantitative terms and that make it far more likely you will…
Best Financial Modeling Books You Must Read
We highly recommend you to buy all paper or e-books in a legal way, for example, on Amazon. But sometimes it might be a need to dig deeper beyond the shiny book cover. Before making a purchase, you can visit resources like Genesis and download some financial modeling books mentioned below at your own risk. Once again, we do not host any illegal or copyrighted files, but simply give our visitors a choice and hope they will make a wise decision.
Interest rate modeling : theory and practice
Author(s): Wu, Lixin
Publisher: CRC Press, Year: 2019, Size: 8 Mb, Download: pdf
ID: 2374420
Hands-On Financial Modeling with Microsoft Excel 2019
Author(s): Shmuel Oluwa
Publisher: Packt Publishing, Year: 2019, Size: 14 Mb, Download: epub
ID: 2412853
Interest rate modeling: theory and practice
Author(s): Wu, Lixin
Publisher: CRC Press, Year: 2019, Size: 8 Mb, Download: pdf
ID: 2415718
Modeling Fixed Income Securities and Interest Rate Options
Author(s): Jarrow, Robert A.
Publisher: CRC Press LLC, Year: 2019, Size: 8 Mb, Download: pdf
ID: 2424165
Kronecker Modeling and Analysis of Multidimensional Markovian Systems
Author(s): Tuğrul Dayar
Publisher: Springer International Publishing, Year: 2018, Size: 4 Mb, Download: pdf
ID: 2311715
Financial Modeling in Excel For Dummies
Author(s): Danielle Stein Fairhurst
Publisher: For Dummies, Year: 2017, Size: 19 Mb, Download: epub
ID: 1682198
Handbook of Recent Advances in Commodity and Financial Modeling: Quantitative Methods in Banking, Finance, Insurance, Energy and Commodity Markets
Author(s): Consigli, Giorgio; Stefani, Silvana; Zambruno, Giovanni
Publisher: Springer Science and Business Media : Springer, Year: 2017, Size: 7 Mb, Download: pdf
ID: 2134666
Identifying Stock Market Bubbles Modeling Illiquidity Premium and Bid-ask Prices of Financial Securities
Author(s):
Publisher: Karimov, Azar, Springer Verlag, Year: 2017, Size: 3 Mb, Download: pdf
ID: 2135059
Please note that this booklist is not errorless. Some books are truly chart-busters according to The Wall Street Journal, others are written by unknown authors. On top of that, you can always find additional tutorials and courses on Coursera, Udemy or edX, for example. Are there any other relevant resources you could recommend? Leave a comment if you have any feedback on the list.