Top 7 Online Financial Modeling and Analysis Courses

In the modern era of technology, companies are putting rigorous efforts to attract opportunities. As a result, every firm needs a well-structured strategy and a team of innovative-minded employees. Financial Modeling is an avenue that can help businesses ideate their investment strategy with a deep analysis of provided data. So, students or professionals who are willing to step into the finance sector; the future is bright for them. This article will brief you top 7 financial modeling and analysis courses to craft your future with the required skills and modern practices. 

What is Financial Modeling?

Financial Modeling is the process of collecting data on expenses, earnings, and investments on a spreadsheet. This data is further organized, summarized, and analyzed to forecast upcoming financial activities. Financial Modeling and Analysis Courses include the study of stock market trends, analysis of internal monetary activities, or looking for the best investment opportunities. 

Scope of Financial Modeling and Analysis Courses in India

The future of a business depends upon the decision taken in present in monetary terms. Meticulously invested money will always come with considerable benefit and a deliberate decision always emerges from expertise in a specific domain. All these elements are covered under Financial Modeling and Analysis Courses. So following are the reasons why Financial Modeling and Analysis Courses have a wide scope in India.

• India is a developing country and records indicate that not only small businesses but also unicorns are increasing. 
• The market is crowded with work. Companies yearn for skillful and hard-working professionals.
• The stock market has been a good revenue source for established business models. Also, the stock market analysis isn’t a task for regular individuals. It requires training to handle the intricacy of data. 
• People with expertise are always demanded by new businesses. Once a professional becomes a pro in Financial Modeling, a future in consultancy is bright for him.

Career Options after Financial Modeling and Analysis Courses

Financial Modeling has been a backbone of the finance sector. Every finance job demands active eyes to study market trends that results in the elevation of finance jobs. Let’s go through the career option for students or professionals who want to take this course.

Financial Analyst:

A financial analyst is a position that is flourishing in the industry rapidly. As a financial analyst, you need to perform the following tasks-

• Monitoring cash flow of organization and summarizing that data.
• Build a team that’ll be solely dedicated to structuring reports and recording outcomes.
• Assessing the performance of the company’s strategy in the real world and analyzing the loopholes.
• Structuring upcoming events or investment strategies based on results of data analysis.

Investment Banker:

Investment is no more realm of big players or rich folks. A common human being or middle-class citizen also believes in investment plans and strategies. Since investment bankers get involved with mergers and acquisitions, they need to know about Financial Modeling. As an investment banker, you will have to focus on the following work-

• Looking out for the best investment opportunities and trends in the market for clients.
• Assuring the security of clients’ money regarding investment schemes.
• Helping investors set long-term and short-term goals for investments.

Equity Analyst:

As an equity analyst, you will have to focus on the following work-

• Focusing on ups and downs in stock market patterns and preparing a detailed Excel model.
• Covering every aspect of Excel to create a report rich in information that could be used to anticipate outcomes.
• Providing research-based insights into the economy to make investment decisions better.

Credit Analyst:

As a credit analyst, you will have to focus on the following work-

• This post is based on the valuation of the whole structure built for Financial Modeling.
• Whenever any individual or company approaches investors for a monetary contribution, a credit analyst analyzes potential opportunities as well as risks in that proposal.
• Analyzing borrower’s background and reporting to the client.

Major Types of Financial Models

Three Statement Model:

It’s the most basic model in Financial Modeling. It includes an excel space where every statement, like balance sheet, cash flow, or income statement is interconnected with formulas.

Discounted Cash Flow Model (DCF):

It’s the next step after three statement model. It takes data from three statement model, makes adjustments wherever necessary, and provides the report further.

Initial Public Offering Model (IPO):

The IPO model is used to evaluate the possible amount of money that investors would be willing to pay for the company. It doesn’t give an accurate result but the assumption-based process is helpful enough for analyzing the possibilities.

Consolidation Model:

This model is similar to the sum of the parts model but is not used as an independent element. This involves multiple business units, for instance, division A and Division B, to create a new excel sheet. 

Sum of the Parts Model:

This model is a result of the sum of multiple DCF models. It also gives the net asset value of the company at the end.

Learn more about Online Financial Modeling Courses

Top 7 Financial Modeling and Analysis Courses

The following list contains institutes and websites that provide training in Financial Modeling in online or offline mode. Choose the best according to your availability and learning curve.

1. IIM Skills

IIM Skills is one of the most revered online education institutes that has branches in 23 cities in Asia. This institute believes in providing world-class education at affordable pricing with well-structured career guidance. After delivering over 2500 sessions of training and guiding 15,000+ students across the globe, IIM Skills has become the top preference for aspiring learners. 

Besides the Financial Modeling and Analysis Courses, IIM Skills offers various other courses like Content writing course, Digital marketing course, Advanced SEO course, GST practitioner course, and BAT course. Let’s have a look at key features, syllabus, and other details about the ‘Financial Modeling and analysis course’ IIM Skills offers.

Why IIM Skills?

• 87% success ratio
• 150+ placement partners
• 32k+ careers transformed
• 4.9/5 rating

Key Features of Financial Modeling Course–

• 50+ hours of classes with 100+ hours of practical assignments
• 5+ case studies with 2 months guaranteed internship
• Sincere job support with mock interview preparation
• Practical training in MS Excel parallel to course material
• Training based on practical scenarios
• Lifetime access to study material 

Syllabus

• Excel: From basic to advance
• Accounting and Finacial statements
• Key accounting and fundamentals
• Basics of comprehensive income
• KPI Analysis/Ratio
• Ratios and types
• Financial summary structuring
• Introduction of revenue and cost drivers
• Concept of Financial Modeling
• Financial models and their types
• Relative valuation, DCF valuation, NAV approach, and other

Eligibility Criteria

This certification doesn’t contain any ground rules as eligibility for enrollment. Learners from every level and experience are welcome to apply and learn from this course. You just have to pass the following basic criteria-

• Background in finance or commerce 
• Basic knowledge of computer
• Basic knowledge of Excel can be a great addition 

Fee

Rs. 39,900 + GST

Duration

3 Months

Mode

Online 

2. Coursera

The concept of online certification has always been spurred by the idea of innovating the education industry and making it accessible across the globe. Coursera has been one of the oldest platforms nurturing this concept with its quality courses and certifications that have a reputation in the practical industry. Let’s go through the elements included in its Financial Modeling and Analysis Courses.

Coursera provides multiple courses on Financial Modeling delivered by different tutors. But in this section, we’ll cover standard features available in almost every course available out there.

Key Features

• Certification of completion
• Learn at your pace with flexible schedules
• Beginner-friendly teaching
• Hand-on project with practical examples
• Completely online class conduction
• Subtitles in other languages 
• Industry-appropriate assignments
• Scenario-based study modules
• Lectures from industry experts 
• A variety of instructors are available 

Syllabus

• Basics of quantitative modeling
• Data management and analysis
• Process of forecasting based on analysis
• Foundational knowledge of quantitative models
• Building an enterprise from scratch
• Basics of Excel spreadsheet
• Tools and formulas frequently used
• Building models and decision trees
• In-depth knowledge of modeling risk
• Realities of modeling risk
• Branches of quantitative modeling
• Decision-making based on data analysis
• Modeling intricate business and financial scenarios
• Deriving applicable alternatives 
• Strategizing business model
• Recognizing opportunities and turning them into a revenue source 

Fee

You can enroll through a Coursera subscription (Rs.4,579/month) or financial aid is also available.

Duration

Students are allowed to complete this course in 6 months.

Mode

Online 

Recommended Read: Financial Modeling Courses in Bangalore

3. Udemy

When there are thousands (or more) of students enrolling for the same courses every year, you need to be one step ahead of them. But standing at the same ladder, how is it possible? It’s possible. Here are four ways-

• Take career counseling 
• Find out the realm you are passionate about
• Take courses

Udemy is one of the most popular platforms among learners due to its exhaustive and affordable courses and the same as Coursera it also provides multiple courses on Financial Modeling delivered by different tutors. Let’s have a look at the offering of its Financial Modeling and Analysis Courses.

Key Features

• 15 hours of lectures
• 9 industry-based articles
• 621 all-time accessible resources
• Lifetime access
• Accessible on mobile or TV
• Practical assignments
• Certificate of competition
• 30-day money-back guarantee

Syllabus

• MS Excel and its advanced features
• Financial Modeling in Excel
• Company valuation strategy
• The process to create formatted files
• Demonstration of best Excel practices in the industry
• Professional chart used by big firms
• Structured real-life examples
• Applying excel skills quickly in regular tasks
• Pivot tables, features, and visualization

Instructor experience:

• Involvement in the financial advisory unit in top firms.
• Working experience across multiple countries like Italy, the United Kingdom, Switzerland, and Germany.
• Involved in M&A deals of broad sizes.
• Worked in cash analysis and impairment tests.

Fee

Rs 455

Duration

15 hours

Mode

Online 

Recommended Read: Financial Modeling Courses in Hyderabad

4. EduPristine

EduPristine is a well-recognized training provider that was established by four professionals from MNCs like Accenture, Goldman Sachs, and others. This platform provides courses majorly in the field of accounting and finance but a digital marketing program is also there. 

EduPristine also serves professionals with resume building and mock interview practices. EduPristine presents the Financial Modeling and analysis courses in collaboration with BSE Institute Ltd. EduPristine offers courses at your premises too. Besides online certification, students can find offline services also.

Key Features

• Content-based on modern industry
• Practical training with case studies
• Guidance from subject matter expert
• Training with Excel
• Certification of completion
• Discussion forums and query support
• Time management and communication skills
• Updates on vacancies
• Career support and placement guidance
• Workshop on required skills
• Assistance with resume preparation
• Personal assistance with career

Syllabus

• Template for financial model
• Collecting, organizing, and analyzing data
• Conversion of text to numerical
• Grouping of data 
• Presenting data in a structural format
• Conversion of data into tabular form
• The function of conditional formatting to identify sales
• Business and operating model
• Historical statement and applications
• M&A and its applications
• Project finance, Macros, and Charting
• Case studies

Course Highlights

• Certification in collaboration with BSE Institute Ltd
• 70 hours of training
• Expert trainers from the industry
• Suitable for beginners 
• Offline training available
• Access for one year
• Career assistance and interview preparation
• Engagement after course completion

Duration

14 Days

Mode

Online and offline

Recommended Read: Financial Modeling Courses in Indore

5. Learning & Development Academy

In the era of e-learning, Learning & Development Academy (by Grant Thornton) believes that the classroom environment is an unavoidable advantage for students or professionals. One-to-one interaction and personal communication have been a focus of the institute. This is the reason Grant Thornton offers online as well as offline modes of education. Its courses are enriched with customized guidance and personal assistance.

Key Features

• 3+ days of classroom training
• Detailed assessment
• Well-designed study material
• Certification of completion
• Boot camp on advanced excel
• Access to premium materials

Outcomes

• Excel formulas and clearing doubts
• Financial model designing
• Summarizing data dashboards
• Report presentation

Who Should Enroll?

• Bankers, Researchers
• Professional in finance or M&A domain
• Commerce graduates and Chartered Accountants

Syllabus

• Modeling and valuation
• Realities of modeling risk
• M&A and modeling delays
• Basics of Excel spreadsheet
• Structured real-life examples
• Basics of comprehensive income
• Key accounting and fundamentals
• Building models and decision trees
• Tools and formulas frequently used
• Professional chart used by big firms
• Accounting and Finacial statements
• In-depth knowledge of modeling risk
• Applying excel skills quickly in regular tasks
• Structuring, summarizing, and analyzing data
• The measure of leverage and time value of money
• Referencing framework usage by applying formulas

Fees

Rs. 27.000 + Taxes

Duration

40 Hours

Mode

Online and offline

6. Kredent Academy 

Kredent Academy has trained over 10,000 students with a vision of filling the gap between theory and practical knowledge. It provides 20+ certified courses and a student can get exposure to 50+ companies for jobs. They offer certification in Foundation of Capital Market, Currency and Commodities, Equity Valuation and Financial Modeling, Research, Trading & Advisory, Technical Analysis and Options Strategies, Equity Research Analysis, and more. Kredent Academy provides joint certification with NSE Academy for Financial Modeling and analysis courses.

Key Features

• Classroom interaction
• 8 sessions of 3 hours each
• Offline mode of class delivery
• Based in Kolkata, India
• Access to classes for 3 years

Syllabus

• Financial analysis and forecasting
• Valuation with different methods
• Case studies based on real examples
• Sensitive analysis, target price, and market evaluation
• Cash flow method and other methods 

Duration

1 Month (Approx.)

Mode

Online and offline

Recommended Read: Financial Modeling Courses in Kolkata

7. Henry Harvin

Henry Harvin is a broadly recognized Edtech platform for multiple services including certifications, training, corporate programs, skill-based programs, consulting services, and more. According to the Higher Education Digest’s survey, Henry Harvin is one of the 5 fastest growing Edtech startups in India. Its big clientele includes Airtel, HCL, Tech Mahindra, BSNL, and so on. Let’s have a look at the details of the Financial Modeling courses they offer.

Key Features

• Practical training
• Proper job support
• Internship assistance
• Lifetime alumni status
• 21000+ Hiring partners
• Certificate of competition
• Full money-back guarantee 
• Gold membership of one year 
• The benefit of brand presence and recognition
• Visibility through #AskHenry Hackathons 
• Webinars and lectures from different trainers
• The well-designed curriculum delivered by subject matter experts

Syllabus

• Practical case studies 
• Sales and pivot tables
• Business statement analysis
• DCF method and its application
• Reporting mechanics of finances
• Long-lived assets and inventories
• Financial model template creation
• Presenting data in a professional format
• Cost of capital and long-term financing
• Project valuations and stages of the project
• Circular reference and cashflow waterfall
• Financial statements and revenue analysis
• Statement applications and ratio analysis
• Report writing as per the financial perspective
• Peer-to-peer analysis and Du point analysis
• Structuring, summarizing, and analyzing data
• The measure of leverage and time value of money
• Referencing framework usage by applying formulas

Fee

Rs 29,500

Duration

40 hours

Mode

Online 

FAQs

Q1. I’m a working professional but I want to pursue this course. How can I manage?

Even if you are a working professional you don’t need to worry. Above courses (online) give you the flexibility of time. You can opt for IIM Skills for Financial Modeling course and join their weekend batch. You can opt for any other course as well. Just consider your free time and choose time and shift at your ease. A full-time job can’t keep you away from learning.

Q2. What are the qualifications to take Financial Modeling and Analysis Courses?

In short, any graduate can go for this course. But students or professionals with commerce or finance background are preferred. The following can take this course-

• Students 
• Working professionals
• Freelancers

Q3. I’m already working in the finance sector and learning a lot. So how’ll this course help me and what extra will I learn from it?

Learning people get during working hours is completely different from learning a course can give them. This course will not only train you to develop a new perspective but also will sharpen your existing skills. This course might be a way for you to redefine your previous working ideas. You should go for this course if you want to stand out from the crowd.

Q4. Do I need special gadgets or special skills to learn Financial Modeling?

Let me tell you, you need nothing extraordinary to learn anything. You just need a robust urge to move ahead with the next step. To practice excel and its elements you need a laptop and a good internet connection which possibly exist in every house.

Conclusion

Financial Modeling and Analysis Courses are offered by several institutes but picking the best option for you is a task. Go through the above list and find a suitable option for you with timings and fees. This course might be a great way for you to boost the knowledge you already have. 

Happy Learning!