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WSO Free Modeling Series - Now Open Through
June 30, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
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Just excel is fine, though having more than that won't hurt you...
Basic Excel skills are all that is needed. It's more about understanding how financial statements flow and the drivers of value.
You can get as complicated as you want, but you often end up with a garbage in, garbage out problem. I've used Crystal Ball before and the issue is specifying the model properly or you end up with results that don't make any sense.
At the end of the day, you will use the models to aide and support your final investment recommendation.
wow thank you both. Very very helpful!
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