Christopher Katsarov Luna for The Logic

Fortnite, League of Legends … Microsoft Excel? Competitive financial modelling circuit gives spreadsheet jockeys a shot at e-sports glory

About 10 minutes into building his Excel model, Michael Jarman was stumped. The spreadsheet he had put together to simulate a battle between two warring armies was giving him all the wrong outputs, and the vertical formatting he had chosen for the model was throwing him way off course. 

On a normal day at his job as the head of model development for a consultancy in Toronto, Jarman could just rework the sheet and run the calculations again. But this was the final round of the Financial Modeling World Cup Open, and the 30-minute time limit meant the clock was not on his side.

    Join now to start reading premium, award-winning journalism.

    By entering your e-mail you consent to receiving commercial electronic messages from The Logic Inc. containing news, updates, offers or promotions about The Logic Inc.’s products and services. You can withdraw your consent at anytime. Please refer to our privacy policy or contact us for more details.

    In-depth, agenda-setting reporting

    Great journalism delivered straight to your inbox.


    Amazon scales back U.S. warehouse expansion plans

    Enthusiast Gaming faces revolt from largest shareholder

    Canada not part of new U.S.-led Asian-Pacific economic bloc

    Best business newsletter in Canada

    Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.

    Exclusive events

    See the bigger picture with reporters and industry experts in subscriber-exclusive events.

    Membership in The Logic Council

    Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.

    Canada's most influential executives and policymakers are reading The Logic

    • CPP Investments
    • Sun Life Financial
    • C100
    • Amazon
    • Telus
    • Mastercard
    • bdc
    • Shopify
    • Rogers
    • RBC
    • General Motors
    • MaRS
    • Government of Canada
    • Uber
    • Loblaw Companies Limited