Artwork

Content provided by Paul Barnhurst AKA The FP&A Guy, Paul Barnhurst AKA The FP, and A Guy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Paul Barnhurst AKA The FP&A Guy, Paul Barnhurst AKA The FP, and A Guy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

How Students Master Financial Modeling and Bridge the CFA Practical Skills Gap with Stephen Horan

48:45
 
Share
 

Manage episode 494585123 series 3485672
Content provided by Paul Barnhurst AKA The FP&A Guy, Paul Barnhurst AKA The FP, and A Guy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Paul Barnhurst AKA The FP&A Guy, Paul Barnhurst AKA The FP, and A Guy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this episode of Financial Modeler’s Corner, host Paul Barnhurst welcomes Dr. Stephen Horan to discuss the fundamentals of financial modeling, the challenges and rewards of teaching finance, and how curiosity and simplicity are central to both education and professional modeling. Dr. Horan draws on his extensive experience as a finance professor and former Managing Director at CFA Institute, offering unique insights into the intersection of academia, practical modeling, and credentialing.

Dr. Stephen is a finance professor at UNC Wilmington and former Managing Director at the CFA Institute. He has over 30 years of experience in academia and industry, has authored award-winning research, and co-wrote Strategic Value Investing, featured on Warren Buffett’s reading list. His work bridges theory and practice in finance education. Dr. Horan is also a sought-after speaker and serves on editorial boards for leading finance journals.

Expect to Learn

  • What makes a model readable and useful and why fundamentals matter.
  • How to teach financial modeling in a way that’s active and practical.
  • The difference between book knowledge and real-world application in finance.
  • Insights into CFA Institute’s evolution toward practical skills and global relevance.
  • The mindset and skills students need to transition from learning to doing.

Here are a few quotes from the episode:

  • "Curiosity is the skill I had to learn and it’s the one that’s helped me most in my career." - Stephen Horan
  • "Give someone the experience of building a model and solving problems. That’s the real education." - Stephen Horan
  • "The ability to explain how you built a model is more powerful in an interview than listing courses on a résumé." Stephen Horan

Follow Stephen:


Follow Paul:


Follow Financial Modeler's Corner 


Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[02:07] - Guest Introduction

[04:19] - Modeling Horror Story

[10:41] - Bridging Theory and Practice

[13:31] - Power of Teaching

[17:55] - Learning by Modeling

[26:23] - CFA Institute Insights

[35:07] - Favorite Excel Shortcut

[39:36] - Rapid Fire Round

[46:02] - Final Thoughts and Contact

  continue reading

89 episodes

Artwork
iconShare
 
Manage episode 494585123 series 3485672
Content provided by Paul Barnhurst AKA The FP&A Guy, Paul Barnhurst AKA The FP, and A Guy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Paul Barnhurst AKA The FP&A Guy, Paul Barnhurst AKA The FP, and A Guy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this episode of Financial Modeler’s Corner, host Paul Barnhurst welcomes Dr. Stephen Horan to discuss the fundamentals of financial modeling, the challenges and rewards of teaching finance, and how curiosity and simplicity are central to both education and professional modeling. Dr. Horan draws on his extensive experience as a finance professor and former Managing Director at CFA Institute, offering unique insights into the intersection of academia, practical modeling, and credentialing.

Dr. Stephen is a finance professor at UNC Wilmington and former Managing Director at the CFA Institute. He has over 30 years of experience in academia and industry, has authored award-winning research, and co-wrote Strategic Value Investing, featured on Warren Buffett’s reading list. His work bridges theory and practice in finance education. Dr. Horan is also a sought-after speaker and serves on editorial boards for leading finance journals.

Expect to Learn

  • What makes a model readable and useful and why fundamentals matter.
  • How to teach financial modeling in a way that’s active and practical.
  • The difference between book knowledge and real-world application in finance.
  • Insights into CFA Institute’s evolution toward practical skills and global relevance.
  • The mindset and skills students need to transition from learning to doing.

Here are a few quotes from the episode:

  • "Curiosity is the skill I had to learn and it’s the one that’s helped me most in my career." - Stephen Horan
  • "Give someone the experience of building a model and solving problems. That’s the real education." - Stephen Horan
  • "The ability to explain how you built a model is more powerful in an interview than listing courses on a résumé." Stephen Horan

Follow Stephen:


Follow Paul:


Follow Financial Modeler's Corner 


Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[02:07] - Guest Introduction

[04:19] - Modeling Horror Story

[10:41] - Bridging Theory and Practice

[13:31] - Power of Teaching

[17:55] - Learning by Modeling

[26:23] - CFA Institute Insights

[35:07] - Favorite Excel Shortcut

[39:36] - Rapid Fire Round

[46:02] - Final Thoughts and Contact

  continue reading

89 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide

Copyright 2025 | Privacy Policy | Terms of Service | | Copyright
Listen to this show while you explore
Play