Is there a market for financial planning
-The Indian economy is growing at a breath-taking speed of 15.9% p.a. compared to global average of 5.2% during 2000 to 2005.
-In absolute numbers the economy has grown from US $ 268 billion in 2000 to US $ 559 billion in 2005
-The incremental wealth is reflected in the number of home-grown millionaires (US $ terms) in India, which presently stands around 83000 and is still growing at a rate of 15% every year.
-To sustain the growth, we need qualified Financial Planners who will not only help people to manage and grow their money but also play a major role in allocating household surpluses to fuel the growth.

What is Financial Modelling?
Financial modeling is the task of building an abstract representation of a financial decision making situation. This is a mathematical model, such as a computer simulation, designed to represent the performance of a financial asset or a portfolio, of a business, a project, or any other form of financial investment.
Theoretically speaking, a financial model is a set of assumptions about future business conditions that drive projections of a company’s revenue, earnings, cash flows and balance sheet accounts.
However, financial modeling is a general term that means different things to different users. In the US and particularly in business schools it means the development of a mathematical model, often using complex algorithms, and the associated computer implementation to simulate scenarios of financial events, such as asset prices, market movements, portfolio returns and the like. Or it might mean the development of optimization models for managing and controlling the risk of a financial investment. In Europe and in the accounting profession financial modelling is defined as cash flow forecasting, involving the preparation of large, detailed spreadsheets for management decision making purposes.