With sincere advancements in technology, businesses and organizations have burgeoned. These technological advancements have spread their wings to all the departments, finance being one of them. As newer methodologies come up to build detailed financial models, businesses benefit exponentially. Given the scenario, financial modeling has become one of the fundamental skill sets for the finance department. Consequently, many institutes have come up with short-term financial modeling courses in India to help correspond to the growing demand for skilled financial modelers.
If you are one such individual eyeing to upskill yourself with coveted financial modeling skills, this article is cut out for you. Grab a cup of coffee and read on to know about the best financial modeling courses in India, and popular career prospects after this course.
Before we explore the brilliant options for financial modeling courses in India, it’s fair to know a little about financial models and their types, especially if you are new to this.
What is Financial Modeling?
Financial modeling refers to the art and science of creating financial models. It can be about creating financial models from scratch or updating the existing financial models to assimilate new information. Now, what in the world are financial models?
Financial models are the representations of a business’s financial performance in the future. Developed on software tools like MS Excel, these forecasting financial models are crafted taking into account the business’ historical performance, predictable assumptions, and prepared income statements, balance sheets, cash flow statements, etc.
Types of Financial Models
There are a variety of financial models that finance professionals have to create to carry out distinct functions of company analysis. These include:
- The Discounted Cash Flow model
- Leveraged Buy-Out (LBO) model
- Merger & Acquisition (M&A) model
- Comparative Company Analysis Model
- Corporate finance models
- Sum-of-the-parts model
- Industry-specific financial model
- Option pricing model
If you are new to finance, go through this Guide to Financial Modeling Course
Why Financial Modeling is a Vital Skillset?
The finance industry is flourishing. Provided that, it is imperative to stay in line with the new tools used in financial modeling for the smooth flow of business.
As you know, financial modeling lets you predict and forecast business performance and helps in decision-making.
Hence, more and more businesses are coveting skilled finance professionals with financial modeling skills. Nevertheless, there are not many people who are experts in it. Thus, financial modeling has become a high-sought-after skill set in the finance sector.
With a financial modeling skillset under your belt, you can track company performance, sales, ratio, growth, revenue, and a lot more. Furthermore, as you advance in the hierarchy of finance careers, financial modeling skills become even more essential.
They are the core pre-requisite skills needed by professionals in investment banking, equity research, mergers & acquisitions, corporate fiancé, project finance, etc. Being an indispensable skill set at every career stage of finance careers, financial modeling turns out to be a vital skill set with massive demand.
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Who Should Do These Financial Modeling Courses in India?
Financial Modeling Courses in India are meant for people at any stage in their finance careers or for those who want to build a future in the high-income finance industry. Broadly speaking, the financial modeling training is an ideal fit for you, if you are:
Fresh Graduate
Graduates in finance or related discipline, who want to move ahead with a career in the finance industry can opt for a financial modeling course to add highly sought-after skills to their resume. Even if you are in the pursuit stage of a degree, you can take up this program.
MBA/CFA/FRM
Those who are pursuing or possessing a degree in MBA, CFA, or FRM are an ideal fit for this program. They can leverage this course to upskill themselves and augment their chances at better job prospects. Salary increments can be counted as other measures to take up this course.
CA/CS
If you are a chartered accountant or chartered secretary wanting to expand your scope of expertise, you can definitely take up this course. It will add feathers to your resume and career.
Finance Professionals
Finance professionals at any career juncture in the sector can pick up on this financial modeling training to add another feat to their career. Industry employers prefer candidates with financial modeling skills. Thus, this is a must-have skill set for every finance professional.
Start-up Owner
Start-up owners or business heads can leverage this skill set to raise funds for their organization. Simultaneously, they can put these skills to use for fortifying the finances of their organization and predicting business decisions.
Read more: Is Financial Modeling a Good Career
Top 10 Financial Modeling Courses in India
This section enumerates the world-class institutes that offer financial modeling courses in India. Each course has its own benefits. Go through the details of each of them and choose the one that resonates with your choices and preferences.
1. IIM SKILLS
IIM SKILLS is a premier institute providing skills-development courses worldwide. With an aim of providing quality education at affordable prices, the institute has been offering upskilling professional courses since 2015.
Headquartered in New Delhi, IIM SKILLS reaches the masses through its online training facilities. Maintaining a perfect balance of theory and practical sessions, IIM SKILLS’ best financial modeling courses in India, with a 100% placement guarantee, quenches your insatiable thirst for knowledge.
IIM SKILLS Financial Modelling Course Content & Modules:
| 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 |
IIM SKILLS’ job-oriented financial modeling courses in India with interview preparation sessions are led by well-qualified mentors who equip you with industry insights, tips, and techniques to prepare you for the real market. They bring business problems to the table and discuss them to increase your awareness of the same.
- Course Name: Online Financial Modeling Course
- Course Duration- 4 Months + 2 Months Guaranteed Internship
Course Fees:
Courseware:
Curated and compiled by industry veterans, the curriculum of IIM SKILLS’ practical-oriented financial modeling courses in India with internship opportunities is vast and exhaustive. It covers A to Z of financial modeling, served to you in the form of small digestible chunks for clear conception.
All the modules individually consume multiple topics, which are taken up one by one by the mentors. Visit their website for a detailed brochure on course topics.
Eligibility:
As such, there are no special prerequisites for this course. Anyone with curiosity and a determination to learn financial modeling can enroll in IIM SKILLS’ most-trusted financial modeling courses in India for high-paying jobs.
Most likely, the IIM SKILLS’ exclusive financial modeling courses in India with live projects are meant for graduates, candidates pursuing degrees, MBA, CFA, FRM, CA, CS, B.Tech engineers, finance professionals, business heads, start-up owners, etc.
Contact: +919580740740, info@iimskills.com
IIM SKILLS Financial Modeling Course Participants
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Reasons To Choose This One of the Best Financial Modeling Institutes in India:
There are plenty of reasons to choose IIM Skills for financial modeling training, these include:
- 100% practical training
- Super-interactive and engaging sessions
- Brilliant mentors
- 24* 7 online support
- On-the-spot doubt clearance
- Lifetime Access to all the Resource material and session recordings
- Globally accredited Master certifications
- Placement assistance and job interview guarantee
- Interview preparation and resume writing
- Post-training guidance
“I can somewhere relate with this because as a student, when i was looking for a course, my only expectation was to get placed and this is how IIM SKILLS stood out. Honestly, as a fresher & lazy learner the chances were so less but with the help of right guidance & mentorship, i made it. So i can agree with this that IIM SKILLS provides best financial modeling & valuation training in india.” — Reddit user
Find here the other lucrative course options:
- Financial Modeling Courses in Indore
- Financial Modeling Courses in Bangalore
- Financial Modeling Courses in Chandigarh
- Financial Modeling Courses in Delhi
- Financial Modeling Courses in Gurgaon
2. Corporate Finance Institute
Corporate Finance Institute is better known as CFI. In the realm of finance, the institute has a remarkable presence. Founded in 2016, CFI is a leading online provider of financial certification courses, training, and workforce development.
Powered by exceptional mentors, innovative courseware designers, and instrumental technological methods, the institute offers superior-quality finance training.
An innovatively designed curriculum by the experts provides all the skills, techniques, and tools required to become a world-class financial professional.
Course Name: Financial Modeling and Valuation Analyst (FMVA)
Course Fees: Self Study course priced at $497 / year
Full Immersion course priced at $847 / year
Mode: Online
FMVA certification program involves 29 courses, consisting of over 1550 lessons. To become a certified FMVA expert, you must take 14 out of 29 courses. It follows a special procedure to make you proficient in the accounting and finance universe. It includes 5 steps, which are as follows:
Stage 1: Take up 7 optional preparation courses to set your basics right. These include Accounting Fundamentals, Financial Statements, Excel Fundamentals, Corporate Finance Basics, etc.
Stage 2: Get hands-on at 11 Core Courses to strengthen your foundation in financial modeling and valuation.
Stage 3: With 11 options available at hand, choose a minimum of 3 elective courses (you can choose more than that). Fan the flames of your advanced preparation on specialized subjects here.
Stage 4: Once you complete the requisite courses, you are eligible to take the final FMVA assessment. Scoring 70% or above makes you a certified FMVA professional.
Stage: Receive blockchain certificate with credentials. There are also provisions to get the hard copy of the certificate delivered to your doorstep.
Reasons to Choose this one of the Financial Modeling Institutes in India:
- Multiple courses to choose from
- Hands-on modeling
- 170+ interactive exercises
- Expert instructors
- Block-chain certificate
- Extensive Resource material
Contact Details:
Ph. No.: 1-(800)-817-7539
Email: learning@corporatefinanceinstitute.com
3. Coursera
Coursera is a prominent self-paced learning platform that offers a wide variety of courses and programs. On a mission to make the world a place where anyone can learn from anywhere and transform their lives, Coursera is constantly growing.
To make this dream come true, they have already partnered with over 200 universities to expand their spectrum in every domain.
Under the umbrella of the finance field, they have over 100+ courses from beginner, and intermediate to mixed levels. Each course is specifically designed to cover an explicit topic. It’s up to you to choose customized courses as per your area and level of expertise.
- Business and Financial Modeling
- Finance and Quantitative Modeling for Analyst
- Fundamentals of Quantitative Modeling
- Wharton Business and Financial Modeling Capstone
- Advanced Valuation & Strategy- M&A, Private Equity, and Venture Capital
Mode: Online
Reasons to Choose This One of the Financial Modeling Institutes in India:
- Self-paced learning
- Anyone, Anytime, Anywhere Access.
- Affordable pricing
Contact Details:
Ph. No.: (800) 952-5210
Do not miss out on the industry-relevant and most trusted:
- Financial Modeling Courses in Hyderabad
- Financial Modeling Courses in Ahmedabad
- Financial Modeling Courses in Jaipur
- Financial Modeling Courses in Kolkata
- Financial Modeling Courses in Lucknow
4. Udemy Beginner to Pro in Excel
Another online self-paced learning platform with a futuristic view of any-time, anywhere learning is widely known as Udemy. Udemy is an enormous base of learners for skill development and career upliftment across all domains.
Udemy presents myriad options for financial modeling courses and training, delivered by top-rated instructors to help you stay ahead in the business game. Set at nominal prices, the leading options are as follows:
- Financial Budgeting and Forecasting in Excel Complete Course
- Beginner to Pro in Excel: Financial Modeling and Valuation
- Financial Modeling: Build a Complete DCF Valuation Model
- Introduction to Financial Modeling for Beginners
- Financial Modeling for Business Analysts and Consultants
Mode: Online
Reasons To Choose This Course:
- Self-paced learning
- Affordable pricing
- 30-day money-back guarantee
- Certifications
Contact Details:
Email ID: instructorsupport@udemy.com
5. The Wall Street School
The Wall Street School (TWSS) is one of the names when it comes to financial modeling courses in India. Strictly a finance institute, TWSS was born to fill in the sheer need for skilled finance professionals.
TWSS believes that accomplishing academics without practical training creates a gap in the learning curve. Hence, its programs are designed to cater to the practical needs of the delegates.
Course Name: Financial Modeling and Valuation
Course Duration and Fees:
For 6 weeks of training, the course fee is ₹ 40,000 +GST* (on enrolment)
For 2.5 months of weekend training, the course fee is ₹ 40,000 +GST*
They have special provisions to charge “Placement Success Fees” of ₹75,000, once the candidate gets placed through them and accepts the offer.
Courseware:
Designed by investment bankers and other experts, the courseware provides an in-depth understanding of investment banking techniques, equity research, and the capital market. The course curriculum is as follows:
- Module 1: Basic and Intermediate Excel
- Module 2: Advanced Excel & PowerPoint
- Module 3: Basic Finance concepts
- Module 4: Business Modeling
- Module 5: Comparable Company Analysis
- Module 6: Transaction Analysis
- Module 7: Discounted Cashflow Valuation
- Module 8: Merger Model
- Module 9: Leverage Buyout
- Module 10: Mock Interview and Resume
Eligibility: TWSS has a special eligibility interview and reserves the right to select the candidate. It is a purely merit-based selection, with limited seats available.
Reasons to Choose this one of the Financial Modeling Institutes in India:
- Expert mentors
- Experiential learning
- Up-to-date curriculum
- Recognized Certifications
- Success-based fees
- Placement Assistance
Contact Details:
Ph. No.: +91-9953729651
Email ID: info@thewallstreetschool.com
Must check out these top-ranked:
- Financial Modeling Courses in Mumbai
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- Financial Modeling Courses With Placements
- Financial Modeling Courses For Beginners
6. NSE
If you are eyeing financial modeling courses in India, NSE can be a good choice with its online financial modeling training. Striving for the excellence of the financial well-being of the people of India for the past 25 years, NSE is a leader in the finance domain.
Keeping in mind the explicit need to provide practical exposure to delegates, the online financial modeling course at NSE is designed to offer students intensive training to successfully compete in the global finance market.
The course aims to impart knowledge on the construction of consistent and realistic financial modeling to make important business decisions.
Course Name: Certification in Online Financial Modeling
Course Duration: 59 videos and 10+ hours of content
Course Fees: INR 9,000
Mode: Online
Courseware:
- Financial Modeling and Financial Statement
- Building a Financial model
- Basic Case Study-Building Financial Model
- Financial Statement Analysis
- Valuation Methods
- Financial Modeling Case Study
Eligibility:
- MBA, CFA, CA
- finance and commerce students
- Working professionals
Reasons to Choose This One of the Financial Modeling Institutes in India:
- Practically-oriented
- Expert mentors
- Certifications without expiry
Contact Details:
Ph. No. 022-2659 8100/ 2659 8114 / 66418100
7. EduPristine
Another obvious choice for doing financial modeling courses in India is EduPristine. Founded in 2008 by four mavens from top MNCs including Goldman Sachs, Accenture, Standard Chartered, and S & P. Over the years, EduPristine has become an exquisite financial training provider in the world.
Realizing the importance of financial modeling as the core skill set for finance professionals in India, EduPristine developed this in-demand course.
The training aims at equipping the candidates with the nitty-gritty of building financial models to track the company’s performance, forecasting, budgeting, risk analysis, evaluation, etc.
Course Name: Financial Modeling Course
Course Duration: 14 days (70 hours)
Mode: Classroom training
Courseware:
With an all-encompassing curriculum, the course covers the following topics in detail:
- Excel Tips
- Case Study of FMCG
- Merger and Acquisitions
- Macros, Charting, and Project Finance
- Case Study of Accenture
Do check the institute website for detailed curriculum insights.
Eligibility:
While there are no minimum qualifications to apply for this course, those with a background in mathematics, statistics, and economics will find the course easier.
Reasons To Choose This Course:
- Joint certificate program by EduPristine and BSE Institute Ltd.
- Experienced and passionate mentors
- Downloadable financial models
- Hands-on training in Excel workbooks
- 24*7 LMS with 1-year validity
- Dedicated discussion forums
- After course engagement
Contact Details:
Ph. No: 1800 200 5835
Email ID: care@edupristine.com
8. GTA Academy
GTA Academy is a learning and development academy offering result-oriented training courses to both students and working professionals. They endeavor to bring about a change in the lives of the people with their impactful training programs.
Adding to the list of financial modeling courses, GTA Academy’s training in financial modeling is well-crafted to provide practical exposure to aspirants.
Thoughtfully designed courseware is meant to give you conceptual knowledge blended with industry best practices.
Course Name: Certification in Financial Modeling and Valuation
Course Duration: 5-day classroom training
Course Fees: INR 27,500
Mode: Classroom training and live online sessions
Courseware:
Have a deep-seated view of the course coverage of this particular course:
- Excel
- Basic business model
- Financial statements
- Valuations
- Financial Modeling
- Project Valuations
- Modeling Delays
- Circular Logic and looping
- Creating EPC schedules
- CAPEX Schedule
- P&L
- Asset Schedule
- Valuation
- GANTT Chart
- Interactive Excel Dashboard
- M&A
There are no specific pre-requisites to attend this training. It is open for:
- Investment bankers
- Equity researchers
- Corporate finance professionals
- M&A professionals
- MBA finance
- Commerce graduates
- Finance professionals
Reasons to Choose this one of the Financial Modeling Institutes in India:
- Resource material
- Access to Grant Thornton LMS
- Assessment
- Course completion certificate
Contact Details:
Ph. No: 91 965 419 0274
Email ID: kapil.arora@in.gt.com
9. Finladder
When it comes to financial modeling courses in India, Finladder deserves a special mention. Basically, Finladder is an online educational start-up founded by two sincere students of Shaheed Bhagat Singh College, DU.
With a forward-looking aim to promote financial literacy in India and abroad, Finladder facilitates individuals to prepare for many courses.
From Investment Banking to equity research to Excel and FRM, there are multiple options at hand. Comparatively, prices are quite pocket-friendly. They claim to make the learning process a breeze fraught with fun and frolic.
Course Name: Investment Banking (Financial Modeling and Valuations)
Course Fees: INR 7,000
Mode: Online
Courseware:
- Financial Modeling
- Valuations
- Internship and Job Preparation
- Course Notes
- Live Projects
- FM Workshop
Eligibility: Anybody willing to learn about financial modeling and valuation is free to join.
Reasons to Choose This One of the Best Financial Modeling Institutes in India:
- Qualified Instructors
- High-quality videos accessible on mobile and TV
- Internship opportunities
- Live projects to get a hands-on learning experience
Contact Details:
Ph. No.: 9650746842,7006559176
Email ID: team@finladder.co
10. Kredent Academy
Since its inception in 2008, Kredent Academy has been at the forefront of spreading financial education in India. Driven by the fact that finance is the core element of everyone’s life, Kredent Academy wants to literate as many people in the domain of finance.
Course Name: Certification in Equity Valuation and Financial Modeling
Course Duration and Fees: 1 month
Mode: Classroom and online training
Courseware:
- Understanding financial modeling and financial statements
- Financial Statement Analysis & Forecasting
- Methods of Valuation
- Financial Modeling Case Study
Eligibility:
This course is the best fit for:
- MBA Finance
- CFA
- Commerce graduates seeking a career in equity research
- Working professionals wanting to upskill
- Expert faculty with a background in CA, CFA, and MBA finance
- Course completion certificate from NSE, facilitated by Kredent Academy
- Practical exposure and internship
- Placement Assistance
Contact Details:
Ph. No.: 9748 222 555 / 9903 222 555
Email ID: info@kredentacademy.com
Career Prospects After Financial Modeling
Once you put the highly-coveted financial modeling skillset under your belt, there are umpteen career avenues that open up for you. These include, but are not limited to:
- Financial Analyst
- Business Analyst
- Equity Research Analyst
- Merger and Acquisition Analyst
- Project Finance
- Corporate Developer
- Investment Banker
FAQs
Q1. Who is eligible for financial modeling?
The minimum eligibility criteria are 10+2 from a recognized board with Finance, Mathematics, and Accounting as the main disciplines. Scoring a 40% or above percentile pretty much sums up the eligibility.
Q2. Is financial modeling difficult?
Yes, finance is a complex domain. Financial modeling may seem difficult initially, but by getting hands-on it and with regular practice, things will start to fall into place.
Q3. What is the starting salary of financial modeling?
On average, the national salary of a financial modeler is ₹7,60,644 in India.
Concluding Thoughts
Altogether, it sums up our comprehensive list of the best financial modeling courses. We have tried to include as many details as possible to help you make an informed choice. We hope you find the best course that aligns with your preferences and requirements. Do comment about your course choice in the comment section.
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