Best Institutes Providing Financial Modeling Course In Kenya

Are you looking for a Financial Modeling Course in Kenya? Then you are at the right place. Most people are interested in professional courses. Financial modeling is a professional course related to the field of finance, which is in high demand. Seeing the competition around, even recruiters today demand some application knowledge from the candidates. So, as a candidate, it is always better to be prepared for any kind of competitor. This type of a course would make you efficient and confident at your job. Let’s start.

Kenya

Yes, you heard right! Kenya is a country located in East Africa with Nairobi as its capital city. The country is famous for the wildlife and the rich forests around. It’s a heaven on earth where you can witness the wildness and fury of nature along with the beauty of it at the same time. Animals like lions, rhinos, and elephants are part of its famous wildlife. We have all heard about the Masai Mara Reserve where tourists flock around the time of migration of the wildebeests. Kenya has a very diverse educational population where one part of the country has more percentage of literate individuals than the other part. Due to the large commercialization of colleges and universities, a lot of people remain deprived of higher education. But in the last few years, the country has seen a significant change in this area. 

A lot of educational institutes are opening up higher education prospects for the students here. Similarly, the demand for professional skill-based courses has also risen. Both domestic, as well as international students, have shown interest in these courses. In recent years, a course such as a financial modeling course in Kenya has become quite popular and wanted.

Do You Know What a Financial Modeling Course in Kenya Means? 

A financial modeling course is a skill-based course usually done by those who want to enter the financial industry. The financial industry forms one of the most important parts of a firm or in that sense a nation. Without finance, no industry can survive. Finance forms the core of any firm. Thus by now, you can clearly make out the importance of this course. Since people entering this field will hold important responsibilities, recruiters want their employees to be aware of the market conditions.

A financial modeling course is a course that helps students to gain the practical insight and techniques that are used in this field. Over the years, the manual work of recording data and bookkeeping has been replaced by software and tools, and techniques introduced via technology. This kind of a course gives you both theoretical, practical, and technical training. Though most of our conceptual understanding is imparted to us through our general degree courses, it is the practical application methods and efficiency which we lack.

A financial modeling course in Kenya will help you to use your conceptual knowledge and thereby transform and use it in your daily work life. The applicative knowledge that you need to succeed in your job is taught to you during this course. Once you do a course like this, your work prospect will also see a steep rise.

Professions I can Enter After Doing a Financial Modeling Course in Kenya 

• Auditor
• Financial Analyst
• Modeler
• Risk Analyst
• Bank Manager
• Forecaster
• Accounts Department
• Cashier
• Equity Research Analyst

Eligibility Criteria Needed To Do a Financial Modeling Course in Kenya

To do a financial modeling course you need to be from the finance or commerce stream. You can be a commerce graduate or someone who has completed class 12. Based on the institute you are about to join, the eligibility criteria would differ. You can also be from a different stream. The reason for preferring students from the finance stream is because of their acquaintance with finance and accounting as well as the concepts that are used here.

Primary computer applications must be known to you. Whether you are doing an online course or a classroom-based course, you must know the basic ways of using a computer. The software and the tools provided to you would be computer-based and can be operated only through a computer. While the tools and techniques would be taught to you, the computer applications must be known to you from before. 

You must possess basic calculation skills and formulas used for the various kinds of calculations used in the financial world. You can do the calculations on the excel spreadsheets, but if you have no idea about how you can calculate a particular aspect say profit or revenue, then this course would become difficult for you to grasp.

Since most of the courses are delivered in the English language, basic communication and interaction proficiency in this language is necessary on your part for the complete comprehensibility of the course. You don’t have to have professional proficiency but just a basic understanding so that you can follow the classes.

You may also read: Advanced Financial Modeling Course

Skills I Should Possess To Do a Financial Modeling Course in Kenya

– Punctuality: A financial modeling course is a skill-based professional course. This type of course usually is a short-term course that lasts 2 to 4 months. Punctuality on your part plays a very important role here. A lot of information and methods would be introduced to you during this time. In order to take in the extensive course materials, you have to be punctual enough in attending the classes regularly. Submitting assignments and test papers on time also falls under this category.

– Interest in Finance: Don’t do a course just because you are from the commerce stream or have nothing else to do. The main motive behind doing this type, of course, should always be your genuine interest in the field. To get the complete benefit of this course, your personal knack will help you. The more interest you have in finance, the better will you be able to grasp all the concepts properly.

– Patience: Give time to yourself. What most students lack in this type of professional course is their patience and belief in themselves. While a lot of different kinds of techniques, tools, software, methodology, etc would be introduced to you, it is not necessary that you would be able to grasp them in one go. While another classmate of yours can perhaps understand the technique really well, you might be struggling in the first step itself. But this does not mean that you will not be able to understand it later. Give time and practice what has been taught. Deal with the concepts as well as yourself with patience.

– Assignments: In a financial modeling course, assignments play a very important role. While many students take assignments very lightly and delay the submission of the same, a proper on-time submission is highly recommended. These assignments are meant for your practice. Through the assignments, you will be able to understand the areas where you need to focus more. The regular corrections and feedback you would receive from the submissions will help you to improve and rectify the problem areas.

Also, read Financial Modeling Course in London

Institutes Offering a Financial Modeling Course in Kenya

1. IIM SKILLS

IIM SKILLS is an institute recognized by top companies around the world. They are an online educational platform that provides various kinds of skill-based courses to its students. Each of these courses is delivered by trained and expert professionals who understand the need of the industries as well as the capacity of the students. The trainers always maintain a fine balance between the theory and practical sessions. Today, the institute ranks as one of the top online educational institutes in India and is trusted by students and companies.

IIM SKILLS Financial Modelling Course Content & Modules:

• Course Offered: Online Financial Modeling Course
• Course Duration- 3 Months + 2 Months Guaranteed Internship
• Course Fee: 60035.47 KES

1. Basic and Advanced Excel

• Introduction and understanding of the Ribbon
• Keyboard shortcuts
• Regular use functions- Vlookup, Index, etc
• Rules of Conditional Formatting
• Concepts of freezing of cells, rows, and columns
• Data Validation
• Table functions
• Pivot tables, Pivot Charts, and Slicers
• Different types of charts and graphs
• Sensitivity analysis
• Delimit and Flash Fill
• Return functions
• What-If analysis

2. Accounting Concepts and Financial Statements

• Key Accounting Fundamental concepts
• Know about Income statement, balance sheet, and cash flow
• Concepts of keyline items
• Concept of comprehensive Income
• Relevance of Notes 
• Preparing common size financial statements
• Reading of Annual Report

3. Ratio/KPI Analysis

• Types of Ratios
• Activity Ratios
• Liquidity Ratios
• Solvency Ratios
• Profitability Ratios
• DuPont formula
• Valuation Ratios
• Basic and diluted EPS
• Financial Summary

4. Basics of Financial Modeling

• Structure for a financial model
• Creating Scenarios
• Building Revenue
• Preparing different schedules
• Projecting financial statements
• Error tracking skills
• Formatting tips
• Addition of cover page

5. Types of Financial Models

• LBO Model
• Three-Statement Projection Model
• M&A Model
• Private Equity Return Model
• 13 Week Cash Flow Model

6. Business Valuation

• Relative Valuation
• DCF Valuation
• NAV Approach
• Football field analysis
• Valuation Output
• Valuation Report
• Pre-money and Post-money valuation

Duration: 3 months

Mode: Online Sessions

Advantages of doing this course:

– Experienced and well-trained professionals would be teaching and training you 

– All of you will get the opportunity of appearing for job interviews with well-established companies and firms

– Students are given the utmost priority in which your doubts and queries are addressed immediately

– Online classes help you to attend classes from any part of the world 

– Different kinds of valuation would be taught to you like relative valuation, valuation output, etc

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• CAT Coaching
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Contact: +919580740740, [email protected]

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2. Foscore Development Center

The institute is located in Nairobi, Kenya. The institute aims at providing market-oriented skills to its students. Along with online classes, the institute provides classroom sessions. This institute is famous for the courses related to the field of finance provided by them. 

Course Offered: Financial Modeling and Valuation Course

Course Curriculum:

• Introduction to Valuation
• Enterprise Value
• Comparable Company Analysis
• Analyzing Valuation Multiples
• Precedent Transaction Analysis
• Discounted Cash Flow Analysis
• Forecasting Terminal Value and Free Cash Flow
• Stub Periods
• Weighted Average Cost of Capital
• Cost of Debt
• Cash Flow Model
• Financial Modeling
• Understanding Circularity
• Selecting Model Drivers
• Modeling Final Statements
• Income Statement
• Balance Sheet
• Revolver Modeling
• Concluding the Model
• Stress Testing the Model
• Advanced Modeling Techniques
• Discounted Cash Flow Analysis

Duration: 5 days

Mode: Classroom Sessions OR Online Mode

Advantages of doing this course:

– The courses are well-structured and can be tailor-made according to the preference and choice of individual students

– Along with practical exercises, you will be shown presentations, and live videos, and would be asked to perform tasks in groups

– Foscore Development Center Certificate would be provided to you, once you complete the course

– The course fee includes facilitation training materials, 2 coffee breaks, a buffet lunch, and a course completion certificate

Email:  [email protected]

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3. Strathmore University

Finance is one of the most important sectors in any industry. Understanding this importance, Strathmore University has introduced the financial modeling course to help students gain the knowledge required to work in this technical field. The institute is a well-known educational center in Nairobi, providing quality education to its students.

Course Offered: Financial Modeling for Informed Decision Making

Course Curriculum:

• Financial Projections using MS Excel
• Key Decision Makings
• Income Statement and Balance Sheet
• Development of Financial Models consisting of Integrated Financial Statements
• Financial Analysis
• Scenario Testing
• Tools and Techniques 

Duration: 4 days

Mode: Online Mode

Fees: KES 40,000

Advantages of doing this course:

– It is a short-practical course which provides hands-on training to its students so that they can achieve a good training based education about the financial job market

– Students will be able to make more informed and well-aware decisions for a business by using different kinds of financial models

– By the end of the course, you will be able to carry out scenario testing

– The course fees cover the cost of all study materials and test

Email: [email protected]; [email protected]

You may also check Financial Modeling Course in Australia

4. Upskill Development Institute

This institute is located in Nairobi and provided one of the best financial modeling courses in the city. The course is highly practical-oriented with each concept backed by a practical exercise. The course is bound to equip students with foundations of valuing a business and skill-based training using MS Excel.

Course Offered: Financial Modeling and Valuation Course

Course Curriculum:

• Understanding Valuation and its Importance
• Selecting Comparable Companies and analyzing the Valuation Multiples
• Selecting and Spreading Comparable Transactions
• Understanding Unlevered Free Cash Flows
• Present Value and Discounting
• Using CAPM to estimate the Cost of Equity
• Analyzing Weighted Average Cost of Capital
• Setting up Models
• Creating Debt and Interest Schedules
• Stress Testing the Model
• Fixing errors in the model
• Using the model to create a Discounted Cash Flow Analysis

Duration: 5 days

Mode: Live Online Training OR Classroom Sessions

Fees:  Online Classes- 600 USD; Classroom Sessions- 1000 USD

Advantages of doing this course: 

– You will learn how to perform scenario analysis and structure discounted cash flows

– Within just a span of 5 days you will be able to achieve the skills required in the financial departments along with the course completion certificate

– The course will enable you to make strategic financial decisions and analyze potential financial problems

– You will be able to operate and use excel at the back of your hands with extreme ease and confidence

Email: [email protected]

5. EY Virtual Academy

EY is a complete online-based education platform that provides different kinds of courses to help students accumulate industry-related knowledge. The courses are mostly short-term courses introduced with the aim to make students competent within a short period of time. Their courses are online-based and thus can be done by students from their own place of residence.

Course Offered: Financial Modeling and Valuation Certification Course

Course Curriculum:

• Best Practices
• Designing and Structuring Models
• Working Of Revenue and Expense- Industry Specific
• Analyzing Financial Statements
• Tax Calculation
• Building Macros
• Integrating Financial Statements to present cohesive output
• Different Approaches to Valuation
• Presentation of Output

Duration: 36+ hours of learning videos

Mode: Online Classes

Fees: INR 10,000+taxes

Advantages of doing this course:

– Students are going to receive six months of LMS support at no extra cost

– You will receive the course completion certificate only after clearing the assessment with the minimum pass percentage of 50%

– As candidates, you will learn to create robust and flexible financial models

– All your queries are reloved through active emails

Email: [email protected]

Contact: +91 9811638456

6. Knowledge Hut

Knowledge Hut provides financial modeling courses in Kenya in the city of Nairobi. The institute arranges 250+ workshops every month for its students. The professionals they have assigned the task of training have been in the finance industry for more than 15 years. They know what the industry demands from their employees and hence focus on those core areas more specifically.

Course: Financial Modeling with Excel

Course Curriculum:

• Financial Modeling Projects
• Understanding and analyzing Financial Statements
• Excel for Accounting
• Work Around Risk
• Balance Sheet Skills
• Ratio Analysis

Duration: 24 hours of Instructor-led training

Mode: Live Virtual Class

Advantages of doing this course:

– You will be given practical assignments and exercises for better retention of the concepts taught to you

– The curriculum provided to you is an advanced and updated version based on the latest developments in the market and the rising demands of employers

– A dedicated amount of time is given to the concepts so that your conceptual knowledge base is strong enough to take in the application skills

– You will be able to show your course completion certificate from Knowledge Hut to your recruiters

Email: [email protected]

Frequently Asked Questions

Q1. Will I be given the course completion certificate immediately once I complete the financial modeling course in Kenya?

Yes. Without a certificate, your course will hold no value. While our conventional degrees also provide us with certificates, these certificates are usually received by us after a month or so. A financial modeling course in Kenya is a short-term professional course that gives you your certificates within 1 or 2 days. If the institute you have enrolled yourself in, has some tests or assessments which you need to pass and only then you will get the certificate, then it might take a week for the certificates to arrive. The reason is the corrections and assessments of your tests. So, in such cases, along with your marks, you would receive the certificate. 

Q2. Am I going to get benefitted from doing a financial modeling course in Kenya?

Of course. This is a skill-oriented industry-specific course. If you are interested in joining the finance department of a firm or an industry, then this course is going to be extremely profitable for you. The practical exercises that you would be asked to perform along with the group tasks will help you to accumulate the skills required to work in a professional field. Not only will the course impart practical knowledge but also theoretical concepts would be explained to you in detail. This will clear all your previous doubts as well as provide you with new kinds of tools and techniques that are used in this field.

Q3. What jobs can I do after completing a financial modeling course?

There are a plethora of options that will be available before you once you complete a financial modeling course. You could become a bank manager, a financial analyst, equity research analyst, finance manager, tax collector, risk analyst, bookkeeper, auditor, accountant, etc. The jobs mentioned here are just a small fraction of the plenty of options that would be available to you.

Many of the institutes will also provide you with placement opportunities. Some institutes also provide guaranteed job interview opportunities to their students. These interviews are usually from well-established companies and firms that desire qualified and skilled employees for their company.

Conclusion

While you enroll for this course, free yourself from the baggage of jobs and interviews. Just focus on the course related to the topics that would be discussed along with the tasks and assignments that would be provided. Thinking about multiple things at one go will obviously be a distraction.

A financial modeling course in Kenya is a short-term course. Trust me, you will not be disappointed by a course like this. While your personal knowledge base would expand due to this course, your prospects for a job will also see steep growth. So stop everything else and get yourself enrolled now!