Top 8 Institutes With Financial Modeling Course Details
Finance is the most targeted sector and financial modeling is turning out to be the most desired skill in today’s world. Financial modeling is the core of any company, and having a command over such skill requires proper guidance. Any company is willing to pay a hefty amount of salary to those who can predict the company’s financial outcome based on previous numbers, and many institutes are focusing on guiding students in such a dedicated sector.
If you are looking to make a desirable career in financial modeling then this article is for you. Here we will discuss some of the best financial modeling course details. Good courses can guide you to be a successful financial analyst. Financial modeling is the representation of the company’s forecasted future with the help of its past and present numbers.
It is a decision-making tool that is used to estimate the project’s financial performance by considering all the factors like growth and risk assumptions and their impact on the upcoming projects. It is a tool that is built into spreadsheet software like MS Excel, The data from the past is collected to forecast the upcoming situation. It requires an income statement, balance sheet, supporting schedules, and cash flow statement.
Why is Financial Modeling Important?
Financial modeling is fundamental for any company that shows the performance of the company and what the future outcome are gonna be. Financial modeling calculates the return against any financial risks.
- Financial modeling helps in taking decisions related to financial planning, merger, and acquisition, raising capital, and making investment decisions.
- Financial modeling helps in getting a deep understanding of any business.
- It minimizes the risk and generates quick output.
- The financial modeling tools help in getting the business valuation and forecasting future growth.
Here are some of the best financial modeling course details that can be beneficial to anyone looking to make their career as a financial expert.
1. IIM SKILLS
IIM SKILLS is one of the leading institutes to offer the best professional courses globally. They have the best mentors who are experienced and are industry specialized in every course they offer. The best part of this institute is that they function online which is why anyone who is looking for any courses will not face issues related to location constrain.
|Module 1 – Basic and Advanced Excel (8-10 hours)|
Module 2 – Accounting Concepts and Financial Statements (5-7 hours)
|Module 3 – Ratio/KPI Analysis (4-6 hours)|
Module 4 – Basics of Financial Modeling (4 hours)
|Module 5 – Different Types of Financial Models (12-15 hours)||• LBO Model|
• M&A Model
• Private Equity Return Model
• 13 Week Cash Flow Model
|Module 6 – Business Valuation (7-9 hours)||• Relative Valuation – Trading and Transaction Comps|
• DCF Valuation
• NAV Approach for Valuation
- Course Name -Online Financial Modeling Course
- Course Duration- 3 Months + 2 Months Guaranteed Internship
- Course Fee: INR 39,900 + 18% GST
- You get authorized master certification which is government recognized
- They offer 24*7 support and guidance
- Assured placement assistance
- You gain knowledge through their practical learning
- They offer each of their students lifetime access to their ebooks, recordings
- Offer internship opportunities
Contact: +919580740740, [email protected]
2. Business and Financial Modeling Course from Coursera offered by Wharton
With the outstanding reputation of Wharton School at the University of Pennsylvania, the course offered by Wharton also carries the same reputation. The course on Business and Financial modeling specialization by Wharton is an online course in a self-paced format.
More than 50000 students have enrolled in this program and have rated it among the best financial modeling course on the internet. The course is further divided into:
- Fundamentals of Quantitative Modeling
- Introductions of Spreadsheets and Models
- Modeling Risk and Realities
- Decision-making Scenarios
- Wharton Business and Financial Modeling Capstone
Key Features of the Course:
- The course generally takes 6 months to get complete and depends upon your availability as well.
- On enrollment in the course, you will get a 7-day free trial after which the cost of the course will be $79 per month. You can even discontinue the course within the first 7 days if you don’t like it.
- For this program, you don’t need to have prior knowledge of accounting but having a pre-knowledge of high-school mathematics would be beneficial.
- On completion of the course, you will get a certificate
- The course will be self-paced, so all the lectures will be prerecorded, and student can take their own time to complete them.
Despite some drawbacks, this is one of the best courses that you will find on the internet. With the reputation of Wharton School, this course will add great value to your career.
Recommended Read: Online Financial Modeling Courses
3. Financial Modeling Course for start-ups and small businesses from Udemy
Every business whether it is small or big needs financial modeling and any startup looking to pace in the market needs to have a go-through knowledge of financial and business models to sustain their startup or any kind of business. The course will help you to make future business decisions and will help in comparing the pricing models, calculate how much capital you will require, and will prepare you to have a go-to-go meeting with the investors.
The course offered by Udemy is practically made for the people who are running a business or looking to go for a startup. The course is designed to meet the needs of entrepreneurs. Udemy’s financial modeling course details might not enthrall you to choose it, but if you are looking to expand your business or are looking to try your hand in the startup industry then you must try it. With a very low fee, this can change the scenario of your business.
Key Features of the Course:
- The course is priced at $129.99 with lifetime access to its material.
- The course is made up of videos and articles which are downloadable.
- This course also offers you a 30-day many-back guarantee if you don’t like the course.
- For this course, you need to have prior knowledge of Excel sheets, their formulas, and cell references and a working knowledge of basic algebra.
- A certificate will be awarded at the end of the course which will add weight to your resume.
As specified above, the course is specially designed for entrepreneurs with its cost-effective and targeted audience strategy. Udemy is offering the best in the business.
4. Financial Edge
Investment Banker is a Fancy word that inspires many people to make their careers in the financial sector. Financial Edge offers you a course that covers everything to make you a financial modeling expert. This course covers everything that is taught to the new analyst in some of the top investment banks.
The cost of this course is Rs 20,649/- including 43.5 hr of online lectures. This financial modeling training is specifically designed for people who have a degree or experience in finance and banking. The course covers various topics like business valuation, accounting, merger and acquisition, financial modeling, and leveraged and buyout (LBO) analysis.
Key Features of the Course:
- It is a self-paced online course where you can also connect to the instructor directly for any kind of query.
- The course covers the topics which are taught in top investment banks.
- It includes more than 260 practice exercises.
- After passing each online class you will earn a skill certificate and on completion of the entire course, you will earn a micro degree certificate that will add a special mark on your resume.
- On a one-time purchase, you can access this course for a lifetime.
One of the best things about this business Financial Edge is a type of training company that includes trainers having experience in real-world investment banking and provides in-person corporate training apart from an online course. The course by Financial Edge might be a bit expensive but a worthy one that adds weight to your resume.
Recommended Read: Financial Modeling Courses in Mumbai
5. Investopedia Academy
Investopedia Academy is an online platform that provides various finance-related courses through self-paced video lectures and practical sessions. The course offered by Investopedia Academy is one of its lucrative courses with an enrollment price of USD 199.
The instructors are professionals from the fortune 500 to give you the real market experience from the market expertise. The course is designed to meet the requirement of the present and the upcoming future. The financial modeling course details generally focus on the practical knowledge of the financial market rather than the theoretical knowledge.
Key Features of the Course:
- The course is online with 8 hours of online on-demand videos.
- The course is divided into 8 parts that take you from beginner level to expert level.
- The course includes various practical exercises and assignments in every part.
- The exercises will help you to understand various financial key terms, the valuation of various businesses, and financial projects.
- A certificate on completion of the course will add extra value to your resume.
Investopedia Academy has worldwide recognization in terms of financial courses and provides its learners with some great experience with market giants. An investment in this course definitely won’t make you regret it in the future.
6. Financial Modeling, Financial Planning, and DCF Valuation By Udemy
This is another course offered by the online learning platform Udemy on financial modeling including planning and Discounted Cash Flow (DCF) valuation as well. The course is run under the tagline “how to build a financial model from a scratch”. This course is built for the freshers who know nothing about excel sheets, financial models, and other things related to it.
This course will help in gaining the knowledge of creating various types of sheets like creating revenue schedules, cost of sales schedules, debit schedules, equity schedules, carrying out DCF valuation, and many more topics are there in the line which will be taught from the ground level to an expert level.
Key Features of the Course:
- This is an online course with a duration of 6.5 hours of videos.
- Will give you lifetime access to its course with 22 downloadable resources.
- Will award you with a certificate for successful completion of the course.
- You will learn how to create a financial model from the scratch.
- You will get the knowledge of how to prepare discounted cash flow valuations.
If you are looking to build your career as a financial analyst, CA, CFO, Investment Banker, etc. then this course is definitely for you to try starting at just a mere price of Rs 3499. This is one of the cheapest and most well-built courses that will open many doors for your future opportunities.
Recommended Read: Financial Modeling Courses in India
7. Excel Skill For Business Specialization By Coursera Offered by Macquire University
The course by the name won’t look like a financial course but indeed it is one of the basic foundations that anyone looking to excel in finance needs to learn. The course is offered by Macquire University one of the leading universities in the world with a 5-star QS ranking Macquire University has its reputation.
In this course, you will learn from the basic foundation of the MS Excel to the advanced level where you will learn how to make spreadsheets to solve various business problems related to MS Excel, analyzing of data using various graphs and charts, using various advanced formulas to the solve the problems, and so on with many others skills that are encapsulated in this course.
The course is further divided as below:
- Excel Skill for Business: Essentials
- Excel Skill for Business: Intermediate I
- Excel Skill for Business: Intermediate II
- Excel Skill for Business: Advanced
Every part of the course includes separate worksheets and hands-on projects that will allow learners to grasp the things they are learning.
Key Features of the Course:
- The course duration is of about 24 weeks and is specially designed for beginners.
- It includes various hands-on projects and exercises for the learners.
- The course is online and provides you with all the practical knowledge that is required in this sector.
- On successful completion of the course, a certificate will be given to the learners.
This might not include the financial modeling course details but it does cover all the basic foundations that anyone looking to build their career as a financial analyst. From the basic fundamental of spreadsheets to the advanced level this course will help you in solidifying your roots.
These are some of the best online financial modeling courses present in the market that will groove your career and your dream to be a financial expert. There might be many other courses as well which can be much better than these but these are some of those recognized courses which are trusted by millions of people who have made careers out of them.
Some might be a bit expensive in comparison to other but each course has some unique specialty that depends on the needs of a learner. If you are looking to make a career as a financial expert then you need to look out for your skill set before selecting a course because some might not match with your pace of learning or might not provide you exactly what you are looking for.
8. Henry Harvin Academy
Henry Harvin is one of the most renowned institutes providing courses in various sectors and industries, and the financial modeling training offered by Henry Harvin is no less than its other courses. Henry Harvin Academy was set up under the name of Mr. Henry Dunster with a vision of value creation by imparting skill-centric courses to different fields.
The curriculum of the courses offered by the institute is hand-crafted based on today’s needs and requirements. The financial modeling course by Henry Harvin will provide you with live interacting sessions with practical sessions and various hands-on projects that will eventually make you aware of the current scenario of the market.
The course offered by the institute are worldwide renowned and provide you with the opportunity to get placed in some of the leading industries of this sector such as JP Morgan, Google, Amazon, and many more big brands.
Key Features of the Course:
- The total duration of the course is about 40 hours with 24 hours of online interactive sessions.
- Institute will provide you with an internship that will help you get practical knowledge of the market.
- With various hands-on projects and practical internships, the institute will offer you the best guidance towards your target.
- The institute will help you in getting placed on completion of the course for the next year.
- Henry Harvin will provide you with a free opportunity to take part in various hackathons and competitions.
- The institute will provide you with regular boot camps for 1 year.
- After successful completion of the course, you will be awarded a certificate that has global recognization.
Henry Harvin’s financial modeling training is much wider where you will experience it in the live program rather than reading them on a website. So if you are looking to make your career as an investment banker, an analyst, or a full-time freelancer with top-notch financial skills then this course is definitely to get your hands on.
Q1. Who is a financial analyst?
A financial analyst analyses business and data and creates financial models based on that collected data. The key role of a financial analyst is to determine the company’s financial status and forecast future growth based on the data collected in the past and the present.
Q2. How many types of Financial models are there?
There are various types of financial models, but generally who are new to this sector knows about only Three Statement Models apart from this one there are various other as well they are as follows;
- Three Statement Model
- Discounted Cash Flow (DCF) Model
- Credit Rating Model
- Merger Model
- Comparable Analysis Model
- Model with Scenarios
- Leveraged Buyout (LBO) Model
3. Is Financial modeling a good career choice?
Yes, financial modeling is one of the most chosen paths and a great career option.