Due to the recovery in the economy through lowering prices, rising wages, expansion of the unorganized sector, access to the capital market, transition to digital and green technologies, and of course EU-funded investments, there is a demand for qualified individuals. Many sectors need financial experts and skilled individuals to manage their company’s finances in the changing market trends. Therefore, financial modeling courses in Latvia can be a fantastic approach to mold your career.
Before diving into the list of best financial modeling institutes in Latvia, let’s examine the table of contents to give you a quick overview of what you will be reading here.
Table of Contents
- About Latvia
- Why Financial Modeling Courses in Latvia?
- Benefits of Financial Modeling Courses in Latvia
- Top 10 Financial Modeling Institutes in Latvia
- Frequently Asked Questions (FAQs)
- Conclusion
About Latvia
Latvia, officially known as the Republic of Latvia, is among the three Baltic States along with Estonia and Lithuania. Their natural resources include arable land, amber, dolomite, limestone, hydropower, timber, and Pete.
The port and capital city of Riga have the highest population density, although smaller agglomerations can be found all around the nation.
Latvians make up 62.7% of the population (from the reports of 2021). The rest are Belarusian, Ukrainian, Polish, Lithuanian, other, and unidentified.
Why Financial Modeling Courses in Latvia?
Enrolling in a financial modeling course in Latvia can be a wise decision for you. It will benefit the professional development of your business or it can also be for your finances. Financial modeling courses give us the abilities and information needed to create and evaluate financial models, which are essential instruments in many companies’ decision-making processes.
Additionally, taking Financial Modeling Courses in Latvia can higher your chances of landing an outstanding job. Individuals who are proficient and efficient in financial modeling have the potential to acquire excellent employment and become more competitive in the job market.
Investing in financial modeling courses in Latvia will be a rewarding opportunity, regardless of your goals, whether they are job advancement or a greater understanding of money in the market.
Benefits of Financial Modeling Course in Latvia
| Benefits | Provided by the Courses | Description |
| Diverse Career Options | ✅ |
Commercial Banking, Corporate Development, Equity Research Analyst, Financial Analyst, Financial Planning and Analysis, Investment Banking, Mezzanine Financing, Private Equity, Real Estate Development, Startups, Venture Capital, etc.
|
| Better Salary Packages | ✅ |
50,000 Euro (Average CTC)
|
| Up-to-date Knowledge | ✅ |
Financial Modeling, Microsoft Excel, Accounting, Forecasting, Auditing, Data Analysis, Analytical Skills, Valuation, Sensitivity Analysis, Spreadsheet Management, Presentation, Industry-Specific Knowledge, and Technology.
|
| Practical Skills | ✅ |
Enhance your practical skills with industry-aligned projects
|
| Cost-Effective Learning | ✅ |
Budget-friendly, exclusive, high-quality learning
|
| Artificial Intelligence | ✅ |
Upgrade your talent with AI and use AI tools in financial modeling.
|
| In-House Internships | ✅ |
Opportunity to work with recognized companies through internships.
|
| Certification and Credibility | ✅ |
Gain internationally accredited certifications.
|
| Placement Opportunities | ✅ |
Avail placement assistance for well-paid jobs
|
Top 10 Financial Modeling Institutes in Latvia
| Institutes | AI Integrated Curriculum | Mode | Module Specific Trainers | Mock Interview |
| IIM SKILLS | ✅ | Online | ✅ | ✅ |
| Coursera | ❌ | Online | ❌ | ❌ |
| Corporate Finance Institute | ❌ | Online | ✅ | ❌ |
| BPP University | ❌ | Online | ✅ | ❌ |
| Unichrone | ❌ | Online | ✅ | ✅ |
| The Knowledge Academy | ❌ | Online/On-site | ❌ | ❌ |
| Infocus International | ❌ | Online | ✅ | ❌ |
| PwC | ❌ | Online | ❌ | ✅ |
| FMI | ❌ | Online | ✅ | ❌ |
| Study Portal | ❌ | Online | ❌ | ✅ |
Here is a List of the Best Financial Modeling Institutes in Latvia:
1. IIM SKILLS

IIM SKILLS is a burgeoning edu-tech institute based in India that offers coaching in several on-demand courses in analytics, finance, writing, marketing, and CAT competitive coaching courses.
They hit the mark in 2015 with their educational blog which reached millions of viewers worldwide and inspired them to begin their journey in offering content writing courses.
Get details on Our Advanced Financial Modelling Course here.

At present, they have more than 15 online instructor-led courses with a presence in more than 35+ countries around the globe. They aim to upskill all kinds of students from all kinds of backgrounds, digitally through their online affordable courses.
All their courses are affordable and credible, and they also provide EMI options free of interest. You can learn financial modeling from the basic level with the help of expert mentors in just no time. Moreover, if you miss any live classes, you can watch their recorded classes any time later.
How IIM SKILLS Can Be Your Best Selection For Financial Modeling Institutes in Latvia:
- All their classes are interactive two-way, face-to-face online lectures. Just like how you sit in a normal classroom.
- You will get practical assignments and weekly individual/group projects.
- Lifetime access to the recorded classes through their LMS portal.
- Guaranteed paid internship with most of their instructor-led programs.
- Dedicated placement cell and job portal access exclusive to all members.
- Solve your doubts instantly through their dedicated WhatsApp groups for each course.
- Portfolio, resume, and LinkedIn profile-building classes by the end of your course.
- 100% job guarantee for all of their job-guaranteed programs.
- 100% money back, in case you didn’t like the course after its first class.
Course Details:
| Course Name |
Financial Modeling Master Course
|
| Course Type |
Certificate Program
|
| Duration | 4 Months |
| Mode | Online |
| Medium | English |
| Eligibility |
Individuals From Any Background and Level of Expertise
|
Financial Modeling Course Highlights:
- Internationally Accredited and MSME India Approved Program
- 185 Hours of Lectures Online
- 100+ Practical Projects/Assignments
- Project Presentation Guidance
- Monthly Webinars With Industry Experts
- Hackathons, Quizzes, and Corporate Behavioural Building Sessions
- 4 Hands-on Projects, i.e, Hello Financial Model, Alpha LBO Model, Colgate Valuation, and Financial Statement Analysis
- 2 Program Certificates – IIM SKILLS Master Course Certificate, Internship Certificate
- 4 Capstone Projects – J. P. Morgan, Boston Consulting Group, Bank of America, and New York Jobs CEO Council.

Course Curriculum:
| Course Module | Topic |
| Module 1 |
Basic and Advanced Excel
|
| Module 2 |
Accounting Concepts and Financial Statements
|
| Module 3 |
Ratio & KPI Analysis
|
| Module 4 |
Technicals of Financial Modeling
|
| Module 5 |
Different Types of Financial Models
|
| Module 6 |
Business Valuation
|
| Module 7 | New Age Tools |
Course Fee:
| Course | Duration | Fees |
| Self-Paced Course | Self-paced | 399.73 Euros |
| Job Assist Program | 4 months | 667.11 Euros |
| Job Guarantee Program | 4 months | 2004.01 Euros |
Contact Information:
| Phone | +91 9580 740 740 |
|
info@iimskills.com
| |
| Website | iimskills.com |
Interested in Financial Modeling Courses in the Dominican Republic? Read this article to get all the essential details.
2. Coursera

Coursera was introduced in 2012 by Daphne Koller and Andrew Ng. Because they believed that online education could change people’s lives. Coursera is all about its affordability (its fees), adaptability (learning online), and relevance to the workplace (all courses are up-to-date).
More than 300 colleges and universities have partnered with Coursera to offer a variety of programs, including degree, project, and certificate programs that prepare students for the workforce.
More than 7,000 institutions, companies, and governments have joined Coursera, which currently boasts 148 million users to receive top-notch education at any time and from any part of the world.
Course Details of Their Financial Modeling Course by Wharton University:
| Course Name |
Finance & Quantitative Modeling for Analysts Specialization
|
| Duration | 1 Month |
| Fee | 74.56 Euro |
Course Module:
| Modules | Topic |
| 1 |
Fundamentals of Quantitative Modeling
|
| 2 |
Introduction to Spreadsheets and Models
|
| 3 |
Financial Acumen for Non-Financial Managers
|
| 4 |
Introduction to Corporate Finance
|
Other Financial Modeling Courses in Latvia by Coursera:
- Business and Financial Modeling Specialization
- Financial Markets
- Discounted Cash Flow Modeling
- Financial Engineering and Risk Management Specialization
- Fundamentals of Quantitative Modeling
- Real Estate Financial Modeling
- Financial Analysis: Portfolios, Risks, Strategic Decisions
- Investment Risk Management
- Python and Statistics for Financial Analysis
- Financial Forecasting and Reporting
- Introduction to Financial Accounting
Dont know where to find the best Financial Modeling Courses in Central African Republic? Refer to this article and explore now!

3. Corporate Finance Institute (CFI)

Corporate Finance Institute better known by short, CFI is a leading worldwide supplier of productivity tools and training for banking and finance professionals. Their mission is to improve the productivity, expertise, and abilities of banking and finance professionals globally.
They have over 200 courses with around 5000 monthly online lectures on-demand. They have also successfully made 5+ million students into professionals through their valuable courses. Their financial modeling course is one of a kind that is a useful addition to your skill set, regardless of how experienced you are in the field.
| Course | Name |
| 1 |
Format a Financial Model with Macabacus
|
| 2 |
Audit a Financial Model With Macabacus
|
| 3 |
Modular Model Building with Macabacus
|
| 4 |
Analyzing Growth Drivers & Business Risks
|
| 5 |
3-Statement Modeling
|
| 6 |
Comparable Valuation Analysis
|
| 7 |
Normalizing Income Statements
|
| 8 |
DCF Valuation Modeling
|
| 9 |
Real Estate Financial Modeling in Excel
|
| 10 |
M&A Accounting & Purchase Price Allocation
|
| 11 |
Introduction to 3-Statement Modeling
|
| 12 |
Introduction to Business Valuation
|
| 13 |
FP&A Professional Model Protection & Presentation
|
| 14 |
Accounting for Business Combinations & Other Equity Investments
|
| 15 |
Accounting for Inventory
|
| 16 |
Commercial Banking – Debt Modeling
|
| 17 |
Power BI Financial Statements
|
| 18 |
Accounting for Leases
|
| 19 |
Leveraged Buyout (LBO) Modeling
|
| 20 |
Operational Modeling
|
| 21 |
Reading & Analyzing a Bank’s Financial Statements
|
| 22 |
ESG Integration & Financial Analysis
|
| 23 |
Scenario & Sensitivity Analysis in Excel
|
| 24 |
Startup / e-Commerce Financial Modeling & Valuation
|
| 25 |
Mining Financial Model & Valuation
|
| 26 |
The Amazon Case Study (New Edition)
|
| 27 |
Reading & Analyzing an Insurance Company’s Financial Statements
|
| 28 |
Mergers & Acquisitions (M&A) Modeling
|
| 29 |
Monthly Cash Flow Modeling
|
| 30 |
Renewable Energy – Solar Financial Modeling
|
| 31 |
Introduction to Bank Valuation
|
| 32 |
Cash-to-Accrual Accounting
|
| 33 |
Advanced Prompting for Financial Statement Analysis
|
| 34 |
Comparable Valuation Fundamentals
|
| 35 |
Introduction to Mergers & Acquisitions
|
| 36 |
Introduction to Leveraged Buyouts (LBOs)
|
| 37 |
Auditing and Balancing a 3-Statement Model
|
These courses have all been carefully chosen to meet various financial modeling demands. Select the option that best describes your career in financial modeling. We can state with certainty that CFI is among the top financial modeling institutes in Latvia.
Explore the top-rated Financial Modeling Courses in Chile with their syllabus & other details.
4. BPP University

BPP University was founded to maximize learning outcomes at every level and it is one of the top international education companies. Their courses offer a variety of credentials to fit every stage and level of development, making them ideal for students who wish to advance in companies that aim for expansion.
They support workforce development, training, and upskilling for small and medium-sized businesses as well as major international corporations. Their financial modeling courses in Latvia are the best among the bunch because they teach you the best practices of financial modeling and the do’s and don’ts of it.
Course Details:
| Course Name |
Financial Modelling – Comprehensive
|
| Duration | 2 Days |
| Fee | 1680 Euro |
They provide two training options for their financial modeling courses in Latvia – comprehensive:
- CPD Navigator – which is 24 hours of classroom or online live coaching.
- Corporate Training Account (CTA) – This is corporate training for more than 10 participants.
Course Curriculum:
| Modules | Topic |
| 1 |
Financial modeling “Golden Rules”: Best practice DOs and DON’Ts
|
| 2 | Model set-up |
| 3 |
Historic data: Cleaning up the numbers
|
| 4 |
Integrating the statements
|
| 5 |
Balancing the balance sheet
|
| 6 |
Forecasting techniques: pros and cons
|
| 7 |
Forecasting the numbers and populating the financial statements
|
| 8 | Valuation |
| 9 |
Scenario analysis
|
| 10 |
Sensitivity analysis
|
| 11 |
Rolling forward the forecast
|
Their Other/Related Financial Modeling Courses in Latvia:
- Excel Essentials for Modelling & Analysis
- Financial Modelling – Advanced (& Introduction to VBA)

Here is your complete guide to the Top Financial Modeling Course in Kolkata
5. Unichrone
![]()
The goal of Unichrone is to offer reasonably priced certification training programs to people and companies around the world. This will help professionals stay up to date with the rapidly evolving world and be prepared for the workforce, as businesses and technology demand that professionals from a variety of industries stay up to date.
They offer training services in more than 170 countries that can be tailored to the needs of individual students or for corporate training. All their mentors are seasonally picked for the best results to the changing market trends. They now have more than 1000 companies and 700 corporations who take their courses every so often.
They provide training sessions at the international level in the following areas: IT Governance, DevOps, Cloud Computing, Project Management, Cyber Security, IT Software, and Quality Management. Unichrone is the best financial modeling institute in Latvia for individuals who seek customized learning options.
Course Details:
| Course Name |
Financial Modeling Training in Riga Latvia
|
| Duration | 1 Day |
| Fee | Not Specified |
Course Highlights:
- It is a One-day Interactive Online Classroom or Group Training Delivered by Instructors in Riga, Latvia
- They Offer Study Materials Created by Subject Matter Specialists.
- Mock Exams and Interviews to Maximize Preparation
- Their Teachers Are Highly Skilled, Knowledgeable, and Have Extensive Industrial Experience.
- You Can Enhance With Case Studies, Industry Best Practices, and Current Trends.
- The Course is Designed on International Standards of Financial Modeling
- Complete Assistance Through Chat, Mail, and Phone Throughout the Day
- Easy-to-follow Schedule of Weekday and Weekend Financial Modeling Training.
Course Module:
| Modules | Topic |
| 1 |
Introduction to Financial Modeling
|
| 2 | Valuation |
| 3 | Excel |
| 4 | Data Dashboard |
| 5 | Presentation |
| 6 |
Uses of Financial Modeling
|
Check out these top Financial Modeling Courses in Dubai with latest curriculum and placement assistance.
6. The Knowledge Academy

The Knowledge Academy is the world’s most extensive coaching institute that offers coaching globally interpolated with different learning solutions. They currently offer more than 3000 ready-to-learn courses and customized learning choices through partnerships with 490 sites throughout 190+ countries.
Renowned testing organizations Axelos, BCS, Microsoft, The Open Group, and APMG have accredited them, and they promise that all student delegates will gain the information necessary to excel in their careers.
Course Details:
| Course Name |
Financial Modelling Course in Riga
|
| Duration | 1 Day |
| Fee | 1195 Euro |
Course Module:
| Modules | Topic |
| 1 |
Introduction to Financial Modeling
|
| 2 | Valuation |
| 3 | Excel |
| 4 | Data Dashboard |
| 5 | Presentation |
| 6 |
Uses of Financial Modelling
|

7. Infocus International

Infocus International is a global business and finance provider headquartered in Singapore. They offer job-oriented online courses in many parts of Asia, the Middle East, several parts of Europe, and the US.
They strongly believe that knowledge is the power and it is the key to global growth. They bring up-to-date curriculum to all their courses with in-depth classes by experts. They value timely feedback from students and make duly noted corrections. This is one of the best financial modeling institutes in Latvia that you can get.
Course Details:
| Course Name |
Project Finance & Project Financial Modelling
|
| Duration | 8 Days |
| Fee | Not Specified |
Course Modules:
| Modules | Topics |
| 1 |
Limited-Resource Project Financing Models & Transaction Management
|
| 2 |
PDF Document Management, Risk Analysis Models & ESG Mitigation Options
|
| 3 |
Sources of Project Financing: Financial Projects, Guarantee Instruments, Credit Enhancements & Bankability Techniques
|
| 4 |
Designing Financial Models Part 1: Financial Model Design Requirements & Work Plan Management
|
| 5 |
Designing Financial Models Part 2 & 3: Programming Financial Statements and Interpreting International Accounting Standards
|
| 6 |
Designing Financial Model Part 4: PF Model Stress-Testing, Stimulation Analyses, and Modelling for Credit Enhancements
|
| 7 |
Summary Interactive Group Exercise
|
Who Can Attend This Program?
All their financial modeling courses can be attended specifically by directors, executives, and managers of finance, accounting, business development, project management, investment & asset management, infrastructure finance, commercial, economics, planning & strategy, and legal & contracts.
But it can also be attended by anyone interested and working in energy, water & waste treatment, financial institutions, government authorities, infrastructure, real estate, commerce and industry, and commercial law firms.
A must read list of institutes for the best Financial Modeling Courses in Belgium.
8. PwC
![]()
PriceWaterhouseCoopers famously known by the title PwC, is a network of professional services that provides strategy management, accounting, auditing, and human resources consulting. They are one of the top four companies, that includes, Deloitte, KPMG, and EY.
They have 149 office locations around the globe with over 3 lakh employees, who provide professional services to the clients offering quality advisory, assurance, and tax services.
PwC Middle East offers one of the most popular financial modeling courses in Latvia. This course is intended for anyone who wants to improve their financial modeling abilities and use data in Microsoft Excel to make well-informed decisions.
Course Details:
| Course Name |
AFM (Advanced Financial Modeler)
|
| Duration | 18 Hours |
| Fee | Not Specified |
What Will You Learn Through This Course?
- Learn the latest modeling techniques and sophisticated financial Excel tools.
- Create a financial model using three statements.
- Project important accounting factors, such as debt schedules, expenses, depreciation, and revenues.
- Create immaculate management summaries.
- Create statements that make sense.
- Include error-checking mechanisms.
- Create formats that are print-friendly.

9. Financial Modeling Institute (FMI)

FMI was created in 2017 by a group of former bank workers and they have created this course that will allow individuals to assess their capacity to organize, construct, and extract meaning from financial models through studying and testing in real-life scenarios.
FMI is a dedicated platform to learn financial modeling courses from anywhere around the world. This is one of the highly recommended financial modeling institutes in Latvia.
Course Details:
| Course Name |
Master Financial Modeler
|
| Duration | Not Specified |
| Fee | Not Specified |
Read the best Financial Modeling Courses in Bahrain for your career growth.
10. Study Portal

Studyportals began as a collection of international student associations banding together to address a student issue after co-founder and CEO Edwin van Rest realized the need for a global platform to make education transparent after returning to the Netherlands from a life-changing study abroad experience in Japan.
In 2007, when Study Portal was formed, students lacked a trustworthy, thorough resource to compare their options across borders. Even though choosing a course of study is one of the most costly and frequently life-changing decisions, Studyportals was developed as a solution for this.
Financial Master’s in Latvia By Study Portals:
- This is a master’s degree program for finance students.
- It mainly covers topics that are in and around finance, mainly financial modeling.
- They offer two types of financial modeling courses – Business Finance, Law, and Finance.
- Flexible Learning Options between full-time master’s and part-time master’s.
Now we have reached the end of the list of financial modeling institutes in Latvia. We will now look at common types of questions asked by students and learners on Google.
Check out IIM SKILLS for more professional courses and programs to help you find your career path.
1. What is the Minimum Eligibility Requirement in Latvia to Enroll in Courses on Financial Modeling?
There is no specific eligibility requirement to study financial modeling courses in Latvia. However, certain institutes ask for prior knowledge in the finance sector or that you are from a commerce background. But this is completely up to different institutes. Some of them teach you from the basic level to advanced, even without any prior knowledge of business or finance.
2. What is the Price of Taking Financial Modeling Courses in Latvia?
Financial modeling courses in Latvia cost around anywhere between 100 Euros to 2000 Euros.
3. Will You Get Assured Placement After Studying Financial Modeling Courses in Latvia?
Considering the current trend in financial modeling and the need for certified financial modelers in Latvia. Taking financial modeling courses in Latvia can be a rewarding opportunity for you.
Conclusion
IIM SKILLS to Study Portal are some of the best financial modeling institutes in Latvia that will suit students of different skill levels. Their classes usually cover fundamental subjects like assessing risks, cash flow future forecasts, valuation methods and techniques, and financial statement analysis using Excel. They intend to give individuals the information and the abilities required to create and evaluate financial modeling effectively.
Anyone who enrols in financial modeling courses in Latvia will acquire useful skill sets that companies highly value. Pursuing a financial modeling course in Latvia can be a wise investment, regardless of your goal, whether they are to further your profession or just acquire a deeper understanding of finance.

