AI in Finance for Professionals Dealing with Errors, Overhype, and Constant Learning Pressure

About this episode

The episode discusses the practical applications and limitations of AI in financial modeling, emphasizing the need for guidance and understanding.

In this episode of The Mod Squad , Paul Barnhurst, Ian Schnoor, and Giles Male share their real experiences using AI in financial modelling. They cut through the hype and discuss what AI actually does well, where it still struggles, and how professionals should be thinking about using it today. From building models to handling workflows, the conversation highlights both the value and the limitations of AI tools in real work. Expect to Learn Where AI actually helps in finance and modelling work Why most “one-click solution” claims are unrealistic The importance of checking and guiding AI outputs How instructions and structure improve AI results Here are a few quotes from the episode: “It’s not a one-click solution. You still have to check everything.” – Giles Male “You will have to understand every line to guide AI properly.” – Ian Schnoor AI is powerful, but it’s not a shortcut to good work. It still needs guidance, structure, and strong fundamentals. The people who benefit most will be the ones who understand both the tools and the work behind them. For now, the best approach is simple: use it, test it, and don’t trust it blindly. Follow Ian: LinkedIn…

People in this episode

Host: Paul Barnhurst

Guests: Ian Schnoor, Giles Male

Topics covered

• AI in finance
• financial modeling
• AI limitations
• workflow management
• professional development

Keywords

• AI
• finance
• financial modeling
• workflow
• professional development
• limitations
• guidance

Mentioned in this episode

Organizations: LinkedIn

More episodes of Financial Modeler's Corner

• The Critical Role of Communication and Standard Definitions in Financial Modeling with John Yeldham · June 9, 2026 · 51 min
• How Founders Mistake Models Only for Fundraising and What They Should Do With Ilyas Anis · June 2, 2026 · 45 min
• The Mistakes in Structure and Data Thinking That Break Models with Mark Proctor · May 26, 2026 · 50 min
• AI in Investment Banking for Analysts to Adapt as Workflows Change but Jobs Remain – Matan · May 19, 2026 · 19 min
• The Investment Banking Job Hasn't Changed Since 1990. AI Is Changing That with Wall Street Prep CEO Matan Feldman · May 12, 2026 · 47 min
• Financial Modeling for Analysts to Build Clear, Structured Models for Better Decisions with Shreya Bhatt · May 5, 2026 · 39 min