Development of a methodology for teaching financial modeling in economic universities

the growth of project risks observed in our time causes increased demands on the quality of investment analysis, for which analysts are personally responsible. One of the systematic ways to improve the quality of investment decisions is to introduce the discipline "financial modeling" into the educational practice of economic universities, which is a comprehensive tool for assessing investment projects and analyzing project risks. Financial modeling is a complex subject that requires students to have a deep knowledge of economic theory, accounting and financial accounting and reporting practices, as well as skills in building systems (projects) with complex internal relationships of indicators. To ensure that all students fully understand the material, the course was structured into difficulty levels that differ in the detail of calculations and the number of calculated elements. It was determined that students' basic knowledge of the methodology of financial modeling ensures acceptable and sufficient training of specialists for investment analysis in the economic divisions of companies. The results of the study, such as the proposed methodological approaches to organizing training and educational materials, were tested during the educational process at the St. Petersburg Polytechnic University in master's programs. The results of the implementation were an improvement in the quality of master's theses, as well as positive feedback from graduates and their employers.

financial modeling, teaching methods, investment project, investment analysis