The objective of learning about feasibility studies and using Excel financial modeling is to gain a comprehensive understanding of the various factors that contribute to the success of a business venture or project. A feasibility study involves analyzing the potential risks and benefits of a project, as well as the financial viability of the endeavor. Professionals can determine whether a project is worth pursuing, estimate its potential profitability, and identify potential obstacles that may arise.
Data analytics has become an integral part of every organization, and the skills required to apply advanced techniques to provide efficient and effective recommendations for decision-making have become a must. Artificial intelligence, business intelligence, and data analytics can be applied through a tool that is accessible to every professional, Microsoft Excel.