In the year 2004, Austal Group established Austal Analytics, a company that utilizes proprietary methods and frameworks to perform financial and accounting services. The company faced an uphill problem of finding quality finance professionals as the resources did not possess the necessary financial skill sets. Noticing this problem, Austal Group established Austal Education which would focus on the modeling and valuation training for finance professionals.
"It is vital that the people who work in the financial world have a practical and real world understanding, so that they can perform better," says Shoumitro Goswami, Director - Austal Education. "Our institute provides practical and real-world applications of finance theory with practical examples and hands-on exercises for the same," he adds. For the finance professionals who want to go the extra mile, Austal Education demonstrates the actual valuation analyses and financial modeling methodologies that are employed by Wall Street professionals.