Dr.
Pamela Coats
Dr. Pamela Coats is known for offering her financial modeling students “a
lifetime guarantee” of continued help.
“I feel I have a personal stake in each of you. So I expect you to take
care of yourselves. Model up. Validate. And don’t take uncalculated risks,” Coats
writes her students.
Her students know she means it. Quick to answer e-mail, always available for
office visits, Coats has spent countless hours helping students fine-tune formula-driven
Excel spreadsheets and Monte Carlo scenarios.
“Modeling is all about competitive advantage, risk-free experimenting,
exploring options, seeing consequences, honing intuition – all make for
being the best-prepared decision-maker at the table,” Coats said.
In her rigorous course, students are presented with real-life scenarios they
must model using interacting financial formulas. The resulting work provides
clients with an ever-changing picture of a firm’s situation, allowing them
to “turn on a dime” as factors change, Coats said.
“Every decision in business is a financial decision,” she said. “Finance
is just the art of evaluation.”
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