Financial Modelling jobs 2024 : Salary & Placement Trends

Financial modelling jobs are important for industries such as banking, consulting firms, and corporate finance. These professionals create financial models to analyze business decisions, value companies, and plan financial strategies. They build complex Excel models, conduct scenario analysis, and provide insights that help management teams make informed decisions. In investment banks, financial modelling professionals focus on M&A valuations and deal analysis, while in consulting firms, they concentrate on business transformation and strategic planning. Corporate finance teams rely on financial modelling experts to assess new projects, plan budgets, and forecast company performance.

List of Financial Modelling Jobs

After completing financial modelling courses, the following types of job profiles are available having the mentioned key responsibilities:

Job Role	Key Responsibilities
Financial Analyst	These professionals analyze company financials, create valuation models, and provide investment recommendations based on detailed financial analysis.
Investment Banking Analyst	They build complex financial models for M&A deals, IPOs, and leveraged buyouts, while conducting detailed company valuations.
Equity Research Associate	Research associates develop financial models to forecast company performance, analyze industry trends, and create detailed stock research reports.
Private Equity Analyst	They evaluate potential investment opportunities, build LBO models, and conduct due diligence through detailed financial analysis.
Corporate Finance Manager	These professionals create budgeting models, forecast company performance, and analyze potential business investments or expansions.
Credit Analyst	Credit analysts assess borrower creditworthiness, build risk assessment models, and analyze financial statements to make lending recommendations.
Business Valuation Consultant	They specialize in creating valuation models for businesses, conducting scenario analysis, and providing strategic recommendations.
FP&A Analyst	These professionals develop budget models, create financial forecasts, and analyze business performance through detailed financial modelling.
Transaction Advisory Analyst	Transaction advisors build complex merger models, conduct synergy analysis, and provide detailed financial due diligence reports.
Portfolio Manager Assistant	They create portfolio analysis models, assess investment performance, and develop financial projections for investment strategies.
Treasury Analyst	Treasury analysts develop cash flow models, create funding forecasts, and analyze the requirements related to working capital.
Strategy Consultant	These professionals build financial models to support strategic decisions, analyze market opportunities, and assess business scenarios.

Explore corporate finance courses

Financial Modelling Jobs Based on Work Experience

Based  on their work experience, professionals can expect the following career progression in financial modelling job roles:

Career Level	Years of Experience	Potential Job Roles
Entry Level	0-2 years	Junior Financial Analyst Investment Banking Analyst FP&A Analyst Treasury Analyst Credit Analyst
Mid Level	2-5 years	Senior Financial Analyst Investment Banking Associate Equity Research Associate Senior FP&A Analyst Financial Modelling Analyst Valuation Analyst
Senior Level	5-8 years	Investment Banking VP Senior Research Analyst FP&A Manager Corporate Finance Manager Senior Valuation Consultant Private Equity Associate
Management Level	8-12 years	Investment Banking Director FP&A Director Private Equity VP Head of Corporate Finance Senior Investment Manager
Executive Level	12+ years	Chief Financial Officer Investment Banking MD Private Equity Director Head of Investment Strategy Director of Corporate Development Chief Investment Officer

Average Salary In Financial Modelling Job Roles

The following table shows the average salary received in financial modelling job roles. The data for average salary has been taken from AmbitionBox:

Job Profile	Average Salary
Junior Financial Analyst	₹ 3.6 Lakhs
Investment Banking Analyst	₹ 15 Lakhs
Financial Planning Analyst (FP&A Analyst)	₹ 9.3 Lakhs
Treasury Analyst	₹ 8.9 Lakhs
Credit Analyst	₹ 8.6 Lakhs
Senior Financial Analyst	₹ 8.8 Lakhs
Investment Banking Associate	₹ 15.3 Lakhs
Equity Research Associate	₹ 9.4 Lakhs
Senior FP&A Analyst	₹ 8.8 Lakhs
Financial Modeling Analyst	₹ 5 Lakhs
Valuation Analyst	₹ 6.8 Lakhs
Private Equity Associate	₹ 13.5 Lakhs

Departments With Financial Modelling Job Vacancies

As per Naukri.com, the following departments offer the maximum number of vacancies in financial modelling roles:

Department	Job Vacancies (As in November 2024)
Engineering - Software & QA	20583
Finance & Accounting	2552
IT & Information Security	1888
Sales & Business Development	1628
Customer Success, Service & Operations	1347
Data Science & Analytics	1301
Engineering - Hardware & Networks	1202
Consulting	758

Vacancies For Financial Modelling Jobs In Varying Salary Range

Within different salary ranges, the following number of vacancies (as per Naukri.com) are being offered for financial modelling job roles: 

Salary Range	Vacancies (As in November 2024)
0-3 Lakhs	3972
3-6 Lakhs	19870
6-10 Lakhs	26790
10-15 Lakhs	18910
15-25 Lakhs	3540
25-50 Lakhs	1052

How To Get Better Financial Modelling Job Opportunities?

To get better financial modelling job opportunities, one can follow the below-mentioned steps:

1. Courses and Training: Start gaining skills through MS Excel courses to use financial functions and modelling techniques. Try to enrol in courses that come with a specialization in financial modelling. Build a strong foundation in accounting and finance concepts through online courses, particularly focusing on valuation and DCF modelling. Learn industry-standard tools like Bloomberg or Capital IQ, as these are often required in professional settings. Regular practice with model building through online exercises is essential, and completing business case studies will help you understand real-world applications.
2. Networking: Begin by creating a detailed LinkedIn profile that showcases your modelling skills and certifications. Actively participate in finance groups on LinkedIn and Facebook, while regularly attending seminars to meet industry professionals. Build connections with people working in investment banks and other financial institutions. Follow and engage with financial modelling experts on social media to stay updated with industry trends. Join local finance clubs or associations for in-person networking opportunities. Maintain relationships with finance teachers and mentors, and leverage alumni networks working in the finance industry.
3. Resume Preparation: Your resume should list all financial models that you have built, highlighting your proficiency in Excel and other technical tools. Include specific types of models you're familiar with, such as DCF and LBO models. Showcase all finance certifications and real-world projects you've completed, including links to model samples if possible. Highlight relevant internships and work experience, using industry-specific keywords that align with job descriptions. Present your skills and experience in financial modelling in your resume.
4. Internships: Try to get internships at investment banks, financial advisory firms, corporate finance departments, private equity firms, accounting firms, or consulting companies. Look for roles involving financial analysis, valuation work, deal support, research, and financial planning. During your internship, maximize learning opportunities by working closely with experienced analysts and building various types of models. Keep samples of your work (when permitted), build strong connections with team members, and understand how models are practically applied in business decisions. Regularly seek feedback on your work to improve your skills and techniques.

Explore DCF modelling courses

Following are the most popular Financial Modelling Colleges in India. Learn more about these Financial Modelling colleges (Courses, Reviews, Answers & more) by downloading the Brochure.

Following are the most popular Financial Modelling courses, based on alumni reviews. Explore these reviews to choose the best course in Financial Modelling.

Following are the most popular Financial Modelling UG Courses . You can explore the top Colleges offering these UG Courses by clicking the links below.

Following are the most popular Financial Modelling PG Courses . You can explore the top Colleges offering these PG Courses by clicking the links below.

Following are the top exams for Financial Modelling. Students interested in pursuing a career on Financial Modelling, generally take these important exams.You can also download the exam guide to get more insights.