Published: 13 September 2013

ModelOff is a professional competition for students and professionals to develop and test their financial modeling skills against their friends, colleagues and top modelers from around the world. Participants from over 100 countries progress through Two Online Qualification Rounds with a Live Finals Event held in New York.

ModelOff competitors will first battle it out in Round 1, a 2 hour online contest held simultaniously around the world. This will be require you to work through a number of case studies, each consisting of a variety of multiple choice questions. Some Case Studies may require you to build a Financial Model in order to answer the questions.

Case Studies may relate to topics such as Discounted Cash Flow Modeling (DCF) as well as Practical, Theory and Excel related problems (for more info see the ModelOff Framework). Round 1 will be conducted completely online and participants will compete individually, so all you need is a computer, internet connection and a copy of Excel. We encourage you to use the latest Microsoft 2010 Excel version throughout the competition.

Top competitors will then progress to Round 2. This will be structured very similar to Round 1, but with more challenging questions, so you better bring your A-Game!

ModelOff will culminate in a Live Finals Event held in the spiritual home of Financial Modeling, New York City. The Top 16 Finalists will be flown to New York to do battle in front of 3 global judges and will be set a variety of challenges testing Innovation, Speed, Data and Risk understanding, Best Practice Modeling Theory and more.


Prizes
The prize pool for ModelOff will include cash, interviews with leading global Financial Institutions, product giveaways and more.

Prize categories include:

    Financial Modeling World Champion 1st Place ($30,000)
    Financial Modeling World Champion 2nd Place ($10,000)
    Financial Modeling World Champion 3rd Place ($5,000)
    Post Graduate Student Champion (i.e. Masters, Doctorial)
    Undergraduate Student Champion (i.e. Bachelors)
    Top 16 Finalists will be flown to New York for the Finals

A letter below is being sent to prospective competitors.

"Hi XXX,

I'm lead organizer of the Financial Modeling World Championships 2013 (www.modeloff2013.com).

It's a fun and educational competition for people in Corporate Finance, Investment Banking and related industries that love numbers. With your Finance background, we thought this might be of interest.

The top 16 from around the world will be flown to the New York Finals. First prize is $30,000 USD. Rounds 1 and 2 are online.

If interested, you can learn more and register at www.modeloff2013.com.

Feel free to get in contact if you have any questions or would like to discuss the competition further.

Thanks for your time.

Warm regards"
- modelling