In today's no-room-for-error corporate finance market, precise and effective financial modeling is essential for both determining a company's current value and projecting its future performance. Yet few books have explained how to build models that accurately interpret a company's financial statement, while none have focused on projection models.

Building Financial Models fills this gap. The first book to detail a step-by-step process for first creating a simple, standardized projection/valuation model, and then customizing it for specific situations, this hands-on book:

• Provides in-depth explanations of the mechanics as well as the underlying and accounting principles of projection models
• Outlines how to design and implement a projection model that allows the user to change inputs quickly for sensitivity testing
• Comprises a concise yet comprehensive tutorial on the use of Excel, as well as other spreadsheet programs, to build a dynamic financial model

The ability to create and understand projection models is fast becoming one of the most highly prized skills in finance. Let Building Financial Models lead you through the model development process, and provide you with the know-how you need to create and implement a flexible, user-friendly, and results-driven financial projection model.

About the Author

John S. Tjia is a founding partner in TMG Associates, LLC, a consulting firm with investment and commercial banking clients that specializes in financial modeling for corporate finance. Tjia is the former vice president in charge of the Models Group at JPMorgan Chase, and led the team that was responsible for designing and developing several generations of the analysis and execution models used by the firm's investment banking division worldwide. He has also taught modeling and valuation classes to hundreds of analysts and associates.