Financial Modeler's Corner

AI Financial Modeling Test for Finance Pros to Understand the Limitations Using Real Tool Comparison


Listen Later

In this episode of The Mod Squad, Paul Barnhurst, Ian Schnoor, and Giles Male put today's leading AI tools to the test in a live financial modeling "bake-off." Using the same modeling case and prompts, they compare ChatGPT, Claude, and Copilot to see how well each tool builds a financial model. The discussion highlights the progress AI has made, where it still falls short, and why financial modeling expertise remains essential.

Expect to Learn:
  • How ChatGPT, Claude, and Copilot perform on the same financial modeling task
  • The strengths and weaknesses of AI-generated financial models
  • Why AI-generated models still require careful review and testing
  • How custom instructions and skills can improve AI outputs
  • Why financial modeling knowledge is still critical in an AI-driven world

Here are a few quotes from the episode:

  • "People are trying to do their jobs and keep up with AI at the same time. It's exhausting." – Ian Schnoor
  • "AI is a magnifier, not a replacement for financial modeling skills." – Paul Barnhurst

AI is powerful, but it is not a shortcut to quality work. It still needs guidance, structure, and strong fundamentals. The people who benefit most are those who understand both the tools and the work behind them. For now, the best approach is simple: test it, guide it, and never trust it blindly.

Follow Ian:

LinkedIn - https://www.linkedin.com/in/ianschnoor/

Follow Giles:

LinkedIn - https://www.linkedin.com/in/giles-male-30643b15/

In today’s episode:

[00:00] – Trailer

[03:30] – AI Fatigue & Keeping Up

[05:48] – The Modeling Challenge

[08:41] – ChatGPT Results

[17:57] – Claude Results

[27:33] – Copilot Results

[30:36] – Human Review Still Matters

[33:18] – How AI Has Improved

[36:10] – Better Results with Custom Skills

[37:08] – Final Verdict & Key Takeaways

...more
View all episodesView all episodes
Download on the App Store

Financial Modeler's CornerBy Paul Barnhurst AKA The FP&A Guy

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

15 ratings


More shows like Financial Modeler's Corner

View all
Marketplace by Marketplace

Marketplace

8,776 Listeners

Pivot by New York Magazine

Pivot

9,622 Listeners

Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

Capital Allocators – Inside the Institutional Investment Industry

797 Listeners

The Accounting Podcast by Blake Oliver & David Leary

The Accounting Podcast

347 Listeners

Inside the Strategy Room by McKinsey & Company

Inside the Strategy Room

170 Listeners

FP&A Today by Glenn Hopper

FP&A Today

46 Listeners

HBR On Leadership by Harvard Business Review

HBR On Leadership

170 Listeners

Run the Numbers by CJ Gustafson

Run the Numbers

58 Listeners

The Credit Edge by Bloomberg Intelligence by Bloomberg

The Credit Edge by Bloomberg Intelligence

34 Listeners

FP&A Unlocked by Paul Barnhurst

FP&A Unlocked

25 Listeners

Unpivot by UnpivotShow

Unpivot

7 Listeners

FinPod by Corporate Finance Institute

FinPod

6 Listeners