The New ModelOff Format

Exciting Improvements to the financial modeling world championships

2019 Competition Format

Education and the development of financial modeling skills has always been a core value of ModelOff. Many of these changes are focused on ensuring that all participants, particularly students and young professionals, can tap into the educational benefits of competing in this fun global competition.

Below is a summary of the 4 key changes we’ve made to the Financial Modeling World Championships and why we’ve made them.

Membership

What's New

  • Year round content produced by the ModelOff team and Partners to educate and inform our community
  • Year round challenges in Modeling and Data Analytics / Visualisations
  • Access to ModelOff Past Questions from previous competitions so you can practice before you compete
  • Access to ModelOff Meetups around the Globe and free stuff from our Partners!

Why we've changed

At ModelOff we love the Financial Modeling World Championships but we want to produce more content for our community throughout the rest of the year.

We also believe in us being a centre of excellence for education which is why we'll be producing new and exclusive content through the Members' portal to help Modelers improve their skills.

See full competition format at About ModelOff.

More Accessible Competition Times

What's New

  • Competitors will be able to work through questions and case studies without the intense time pressure of previous years.
  • Access ModelOff Round 1 any time within a 24-hour window from 2pm GMT 23rd November to complete the questions and challenges.
  • These changes will apply to Round 1 and Round 2 Open.
  • Qualification for the ModelOff Finals will be based purely on Round 2 Official, which will run simultaneously worldwide as previous years
  • Round 2 will begin at 2pm GMT 7th December and will last for 3 hours only. Make sure you are ready for 2pm GMT - there is no 24hr window for this event.

Why we've changed

Previously, a competitor’s score from Round 1 had a big impact on making the Finals. Now that this is no longer that case, we’ve been able to relax some of the rules to focus more on participation, leaning and fun. These changes now:

  • Make it easier for people to compete regardless of where you live or other commitments;
  • Place more focus on modeling ability, not just how fast you can model; and
  • Allow people to compete and learn at their own pace.

See full competition format at About ModelOff.

ModelOff Finalists

What's New

  • The 15 Finalists for ModelOff 2019 will be made up of the Top 10 Overall competitors and Top 5 Rookies.
  • For ModelOff, a Rookie is defined as a Student Competitor who is 25-years-old or less, the top Rookie will be awarded The Simon Benninga Award.
  • Qualification for the Finals will be based purely on a competitor’s Round 2 Official results.

Why we've changed

Participating in a ModelOff Finals is a career changing experience. In addition to the technical challenge of competing at the highest level, the networking, friendships and professional credibility that come from this experience has a profound impact on those who have earned the right to call themselves a ModelOff Finalist. In the same way that many sporting codes have World Championship level tournaments for U19s and other youth levels, we also want to expose some of the best and brightest young financial modelers to top level global competition and the range of professional benefits that come from being a ModelOff Finalist.

See full competition format at About ModelOff.

Hall of Fame

What's New

  • Finalists who have competed in the Finals 3 or more times will be inducted into the ModelOff Hall-of-Fame.
  • Hall-of-Fame members will no longer be eligible to qualify for future ModelOff Finals, and will in essence ‘retire’. However they will still able to compete in the online rounds.

ModelOff has always been focused on recognising and celebrating the very best modelers in the world. However, having a limited number of individuals experience the ModelOff Finals journey repeatedly is not in the spirit of why ModelOff exists.

We believe that the ModelOff Hall of Fame, and retirement after 3 Finals appearances, strikes the right balance between acknowledging some of the world’s most accomplished modelers and continually developing the best and brightest modelers of the current day.

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