Friday, January 6, 2017

Visual Basic for Applications


A managing director with Deutsche Bank in New York, Manuel Maximino holds a bachelor’s degree in economics from the University of San Andres in Buenos Aires, Argentina, and studies as an honors exchange student at the University of Texas at Austin. In addition to his considerable experience in financial services administration, Manuel Maximino is proficient in a number of business-related, high-tech computer skills, including the use of Visual Basic for Applications.

Microsoft introduced Visual Basic for Applications (VBA) in 2010 to accommodate the Excel power user who is not yet a programmer. In the financial services sector, professionals often use VBA to develop and maintain complex financial spreadsheet models. 

VBA is also helpful in the creation of pricing and risk management models that are used to predict investment earnings and produce valuable financial ratios. VBA enables a user to modify an existing application, such as Excel, to run a customized program that can, for example, determine how long it will take a specific investment portfolio to earn a million dollars based on a specific interest rate.

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