Are you an aspiring financial analyst, looking to make a career in finance? Or, maybe you’re a finance professional who wants to polish your analytical skills. Well, you’re at the right place. This article brings up the top 10 financial modeling courses in South Korea. Suppose you are from South Korea or want to locate in the home country of Samsung, LG, Hyundai, and hundreds more. You are making the right decision. As numerous startups and multi-million-dollar companies are fixing their roots in this technologically advanced country, the need for experienced and skilled financial analysts is also growing. Which offers you a space to make opportunities for yourself and stand firm in this thriving nation.
In this article, we will analyze the benefits that each institute offers for financial modeling courses in South Korea like features, duration, fees, etc.
Introduction to Financial Modeling
Financial modeling is a process of gathering a company’s historical data, its financial performance in the past and present, and creating a model that shows assumptions of a company’s performance in the future.
Financial models help a company to analyze potential risks, make strategies for investing in a company or a market, launch a new product, mergers & acquisitions, or valuation a company.
Financial models majorly consist of assumptions and drivers, balance sheets, cash flow statements, income statements, supporting schedules, valuations, sensitivity analysis, and charts and graphs.
Thus, a financial model is extremely beneficial for the smooth functioning of a profitable firm. As it creates a step-by-step blueprint for a company to carry out its day-to-day operations.
Uses of Financial Modeling
- Financial modeling is used to raise capital in the form of debt or equity for a company.
- It is useful for the growth of a company like entering a new market, acquiring a new project, opening a new outlet, and more.
- Helps in making budgets for coming years by analyzing the financial history from the past.
- Valuation of a company.
- To create statement analysis or ratio analysis.
- Used in mergers and acquisitions. It plays a crucial role between two companies when a bigger corporation is acquiring a small company or merging with another company.
- Used for management accounting.
Types of Financial Models
1. Budget Model
The tool used for calculating profits and expenses of the future is known as the budget model. By using this model companies can make future financial plans and analyze the requirements of a company.
2. Forecasting Model
A financial analysis tool that predicts the growth of a company in the coming years. Which is based on a company’s historical data and trend analysis. These forecasting models help businesses make better financial decisions by giving information about their potential outcomes.
3. Valuation Model
A valuation model helps companies determine the market value of a business or an asset. Valuation modeling techniques include Discounted Cash Flow (DCF) analysis. It calculates the present value of cash flows in the future and cash flow statements.
4. Scenario Analysis Model
Scenario Analysis Model shows the outcomes of different financial decisions. It also helps in determining financial risks that may occur due to wrong decisions. Therefore, by identifying potential risks and analyzing their outcomes, companies may be able to combat that loss-making scenario.
The Three-Statement Model includes an income statement, balance sheet, and cash flow statement. It is the most basic type of model. All the statements are linked with Excel formulas. A three-statement model is used to get insights of a company’s financial health and forecast its performance in the future.
Benefits of Financial Modeling Courses in South Korea
| Benefits | Provided by the Course | Description |
| Diverse Career Options | ✅ | Business Intelligence Analyst, Financial Analyst, Credit Analyst, Equity Research Analyst, Finance Manager, Venture capitalist, Risk Manager, Real Estate |
| Better Salary Packages | ✅ | $ 46,000 – $ 1,39,000 per annum (entry to advanced level of experience) |
| Networking | ✅ | A vast network of seasoned experts, industry leaders, and alumni outreach |
| Global Opportunities | ✅ | Get job opportunities all over the world, as well as freelancing and remote working opportunities |
| Internationally Accredited Certifications | ✅ | Get certified with an internationally accredited certificate, which is accepted worldwide. |
| Internship Guarantee | ✅ | Get a paid internship, work on real industry projects, build a stunning portfolio, and gain practical knowledge. |
| Job Placement | ✅ | Get placed on top-rated companies with better salary packages |
| Enhanced Analytical Skill | ✅ | Get skilled with strong analytical skills like accounting, problem-solving, decision-making, data analysis, etc. |
| Practical Knowledge | ✅ | Gain hands-on practical knowledge by working on industry-specific projects and case studies |
Top 10 Best Financial Modeling Courses in South Korea With Placements
Let’s start exploring the institutes that provide the best financial modeling courses in South Korea.
| Institutes | AI Integrated Curriculum | Mode | Module Specific Training | Mock Interview |
| IIM SKILLS | ✅ | Online | ✅ | ✅ |
| Hanyang University | ❌ | Onsite | ✅ | ✅ |
| Korea University Business School | ❌ | Onsite | ✅ | ✅ |
| Yonsei University School of Business | ❌ | Onsite | ✅ | ✅ |
| GLOMACS | ❌ | Online/Onsite | ❌ | ❌ |
| The Knowledge Academy | ❌ | Online | ❌ | ❌ |
| Unichrone | ❌ | Online/Offline | ❌ | ✅ |
| Boston Institute of Analytics | ✅ | Online/Offline | ❌ | ❌ |
| Financial Edge | ❌ | Online | ❌ | ❌ |
| Henry Harvin | ❌ | Online | ✅ | ❌ |
#1 World's Most Promising
Financial Modeling Master Course
- Unlock Your Potential
- Acquire Expertise to Boost Career
- 100% Placement Assistance
- Work with Top Brands & Agencies
1. IIM SKILLS
IIM SKILLS is one of the leading ed-tech companies serving quality education since 2015. It provides multiple professional training programs across the globe. With greatly seasoned experts as trainers, IIM SKILLS presents one of the most convenient financial modeling courses in South Korea.
Course Details:
Name: Financial Modeling Master Course
| Course | Course Duration | Course Fees |
| Self-paced program | 4 months | 463,450 KRW |
| Job-assist program | 4months | 773,450 KRW |
| Job-Guarantee program | 4months | 2,323,450 KRW |
Learners are equipped and trained with the latest tools and techniques, that enrich their learning experience and make them skilled for lucrative career opportunities globally.
IIM SKILLS financial modeling course is a beginner-friendly program that enables students from non-finance backgrounds to make great careers in the financial market.
Therefore, if you are a beginner or a professional looking to upskill your financial career, you can enroll in this Financial Modeling Master Course, which is light on your pocket.
| Projects | Title |
| Project 1 | Financial Statement Analysis |
| Project 2 | Alpha LBO Models |
| Project 3 | Hello 3-Statement Model |
| Project 4 | Colgate Valuation Model |
After completing the course, students will be awarded a globally recognized certificate which is a great addition to the portfolio. IIM SKILLS promises to help create a stunning portfolio, by making the students work on multiple industry-ready projects and case studies.
The program offers a 1-month internship, where you get to work on real-world projects as a financial analyst. After your portfolio is ready you get a 100% job placement guarantee on top fin-tech companies, which makes your career a shining star.
Contact Information:
| Contact | +91 9580740740 |
| info@iimskills.com | |
| Website | www.iimskills.com |
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2. Hanyang University
Hanyang University is one of the most prestigious universities in South Korea. It was founded in the year 1939 and was the first engineering college in South Korea. With its campuses in both Seoul and the ERICA (Education Research Industry Cluster Ansan) campus in Ansan, it provides many undergraduate and post-graduate programs.
For learners looking for financial modeling courses in South Korea, the university provides a professional MBA program with a finance track, where students will gain comprehensive knowledge of topics covering CFA (Chartered Finance Analyst), and modules with financial modeling, decision-making, risk management, financial management, corporate finance as well as the traditional finance theories.
Course Details:
| Course Name | Professional MBA (Finance Track) |
| Course Duration | 2 Years / 4 Semesters |
| Course Fee | NA |
This institute is known as the engine of South Korea. Therefore, you can understand its credibility. The university has global outreach which would be beneficial for your career after you complete the program.
Contact Information:
02-2220-2439,8
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3. Korea University Business School
KUBS being the very first university to introduce business studies in South Korea is one of the most renowned institutes in South Korea. It emerged in 1946 when Korea lost its sovereignty to Japan. The university provides part-time and full-time MBA, undergraduate, and MS/PhD programs.
For learners looking for financial modeling institutes in South Korea, enrolling in a Finance MBA would be a great option. Students get an opportunity to study with colleagues from diverse locations across the globe.
The university has global partnerships which would help you make connections with industry leaders and make a good career as a financial analyst.
Course Details:
| Course Name | Finance MBA |
| Course Duration | 2 Years / 4 Semesters |
| Course Fee | 50 million KRW |
Contact Information:
(+82)-2-3290-5156~7
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4. Yonsei University School of Business
Established in the year 1915, YSB is recognized as the leading university providing business studies in South Korea and has served in the industrialization and modernization of Korea. The institute provides several business programs such as Global MBA, Corporate MBA, Finance MBA, and Executive MBA.
The Global MBA from YSB has been ranked #52 by the Times Higher Education/Wall Street Journal in 2018. Aspirants who seek a career in the financial market and looking for some detailed financial modeling courses in South Korea can consider the Finance MBA to gain full financial skills and certification.
Learners will receive cutting-edge financial theory and industry practices with real-world projects to work on. Students will learn modules on financial engineering, asset management, and investment banking.
Students get finance core courses with general core courses and are advised to take elective modules from the financial engineering track or the asset management/ investment banking track.
Course Details:
| Course Name | Finance MBA |
| Course Duration | 18 months / 4 Semesters |
| Course Fee | 45,000,000 KRW |
Contact Information:
02-2123-5457
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5. GLOMACS
GLOMACS is an educational company that has provided professional training and consultancy since 2003. They offer an array of professional courses all over the world.
So, if you are already working with a finance company, and looking to upgrade your analytical skills, you should consider financial modeling training programs offered by GLOMACS.
Course Details:
| Course Name | Financial Analysis, Modeling & Forecasting |
| Course Duration | 5 Days |
| Course Fee | $ 3950 |
Course Highlights of GLOMACS Financial Modeling Institutes in South Korea
- Competitive challenges for 21st-century business
- Learn advanced financial modeling skills
- Master tools and techniques of financial modeling
- Improving forecasting quality and minimizing error
- Effective capital investment decision-making
- Models and techniques for managing risk and uncertainty
Learning Objectives
- Design and build effective financial models in Excel
- Improve your skills in analyzing and interpreting financial statements
- Build financial forecasting models for a range of business applications
- Apply financial modeling techniques to investment decision-making
- Use a range of tools to analyze and manage business risks
Who Should Attend GLOMAC’s Financial Modeling Institutes in South Korea
- Financial accounting team members
- Cost and management accounting staff
- Finance managers
- Planning managers
- Commercial managers
- Capital investment and project team members
Contact Information:
+971(04)425 0700
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6. The Knowledge Academy
The Knowledge Academy (TKA) is one of the most practically oriented financial modeling courses in South Korea. Its campus is in Jung-gu, Seoul, which provides free Wi-Fi and is air-conditioned for its students.
It provides three modes of instructor-led training, online, self-paced, and onsite courses. It also provides a one-day intense training on various modules of financial modeling.
Course Details:
| Course Mode | Fees |
| Online Instructor-led | $1,295 |
| Online Self-paced | $ 265 – $531 |
| Onsite | NA |
The institute claims its course to be the most affordable course in the country. Which is delivered by industry experts. Students get to master financial analysis, understand complex financial scenarios through hands-on training, and get certified and land the best job roles in the market.
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7. Unichrone
Unichrone provides 1-day intense financial modeling courses in South Korea in multiple locations like Busan, Ansan, Changwon, Suwon, Namyangju, and many more.
This course is for professionals looking for financial modeling institutes in South Korea to upskill their analytical skills. Learners can attend this training easily as it is a one-day intense training.
Participants receive a certificate of completion which is highly recognized and will level up their job role as a financial analyst.
Course Details:
| Course Name | Financial Modeling & Forecasting |
| Course Duration | 1 Day |
| Course Fee | $ 1099 |
Students gain an in-depth understanding of financial analysis of statements, valuation techniques, cash flow forecasts, risk identification, and simulation. After completing this course learners will be able to create building blocks of good financial models and analysis, modeling of financial trends for decision making.
After the course, students need to appear for the exam. The institute prepares you for the exam through solving problems, exercises, case studies, and sample examinations.
It prepares you for every aspect of the modules of examination with topics like financial statement analysis, valuation of multiple business models, cash flow forecasting, risk assessment, stress testing, and scenario analysis.
The exam comes with 30 multiple-choice questions, and you get 60 minutes to complete the exam. You need a minimum of 70% marks to pass the examination.
Course Highlight of Unichrone’s Financial Modeling Institutes in South Korea
- 1-day instructor-led intense online and group training
- Enrich your learning experience with case studies, industry-specific modules, and the latest trends
- Course study materials designed by experts
- A course designed with international standards
- Mock tests to prepare for exams
- Highly qualified and industry-trained tutors
- 24/7 support via phone, email, and chat
- Convenient weekend/weekday training programs in South Korea
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8. Boston Institute of Analytics
BIA provides one of the most detail-oriented financial modeling courses in South Korea. It provides an intense financial modeling + investment banking course so that learners can gain every skill of the financial sector.
The course covers important topics like financial analysis, corporate finance, equity, fixed-income derivatives, wealth management, equity research, wealth management, equity research, financial modeling, and mergers and acquisitions (M&A).
The program also focuses on practical sessions on prompt engineering, Python, Power BI, and Business intelligence tools.
Course Details:
| Course Name | Financial Analysis |
| Course Duration | 4-10 Months |
| Course Fee | NA |
The course is tutored by industry experts and comes will self-paced learning modules. Which makes it easier for learners to complete the course at their own pace. You get access to study materials and recorded lectures.
The program provides placement assistance and helps you prepare for job interviews, and resume building, you work on real-world projects to develop a rocking portfolio. Therefore, if you are a fresh graduate and looking for the best financial modeling courses in South Korea, you should consider this institute.
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9. Financial Edge
Financial Edge is the only institute that provides financial modeling courses in South Korea with micro-degree certification recognized by Wall Street. Which will not only prove you the best financial expert in the industry but also help you acquire high-ranking financing roles in major firms and investment banks globally.
Course Details:
| Plans | Fees |
| Basic Plan | $ 121. 39 |
| Boost Plan | $ 274.11 |
| Pro Plan | $ 427.39 |
The institute provides training to employees of high-rated investment banks in the world. Making it the most credible and highly accepted program.
It starts will basic modules of introduction to modeling with topics like balance sheets, income statements, cash flow analysis, and more.
This gradually moves to advanced topics like three financial statements, calculating schedules, balancing the balance sheet, advanced Excel tricks, cash sweeps, revolvers, circularities, long-term debt, auditing your model, and error checking.
Course Highlights of Financial Edge’s Financial Modeling Institutes in South Korea
- Wall Street recognized course
- 70 Practical exercises
- 180+ Hours of instructor-led training
- Lifetime access
- Ready to use sector and transaction models
- Video-based course
Contact Information:
+44 203 355 5042
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10. Henry Harvin
The Financial Modeling & Valuation Analyst (FMVA) Course provided by Henry Harvin is one of the most reputed and recognized financial modeling courses in South Korea.
It provides an in-depth curriculum that will give you hands-on skills in financial modeling. This online training is delivered by a team of seasoned expert mentors and is suitable for both beginners and professionals, as it covers foundational topics of finance and analytics.
Course Details:
| Course Name | Financial Modeling & Valuation Analyst |
| Course Duration | NA |
| Course Fee | $ 350.89 |
The course is affordable for students as well as offers a no-cost EMI option for hassle-free learning.
Course Highlights of Henry Harvin’s Financial Modeling Institutes in South Korea:
- 70 hours of instructor-led sessions
- 23 hours of live doubt-solving sessions
- 12 hours of live master sessions by industry experts
- 192 hours of self-paced learning
- Job-ready portfolio of 7 capstone projects
- 14+ Industry case studies
- 105 Guided hands-on exercises
- 2 Mock interviews and 2 hackathons
- 7+ Assignments
- 1-Year gold membership of Henry Harvin Finance Academy
- Get 3in1 placement support
Skills Covered by Henry Harvin’s Financial Modeling Institutes in South Korea
- Data Collection
- Data Structure
- Financial Reporting
- Equity Research
- Financial Modeling
- Financial Analysis
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#1 World's Most Promising
Financial Modeling Master Course
- Unlock Your Potential
- Acquire Expertise to Boost Career
- 100% Placement Assistance
- Work with Top Brands & Agencies
FAQs
1. What are the career options after completing a financial modeling course?
There is a huge need for financial modeling professionals in the finance sector. Some job roles include financial analyst, equity research analyst, merger and acquisition analyst, corporate finance analyst, investment banking analyst, valuation analyst, and many more.
2. Is there a good scope after completing financial modeling courses in South Korea?
Strong finance industry, relevant career path, international companies, and great certification value, strongly tell us that the scope of financial modeling is great in South Korea.
3. Is financial modeling hard, and requires a lot of math?
Yes, financial modeling is challenging and requires a strong grasp of mathematics like statistics, critical thinking, complex formulas, and logical reasoning. However, with correct guidance, self-dedication, and expert teachers, you can master this financing field and make your place in the industry. Remember, when there is a will there is a way.
4. What is the salary of financial modeling specialists in South Korea?
In South Korea, financial modeling analysts make somewhat between 62,00,000 SKW to 6,77,00,000 SKW per year. The salary depends upon the location of the company and the level of expertise of the candidate.
Conclusion
Financial modeling combines accounting, finance, and business metrics to forecast the possibilities of future business results of a company, based on assumptions of the current and past economic health of the company. It helps the company determine its business valuation, capital budgeting, financial planning, and strategic analysis.
With all this on the plate, there is no doubt that financial modeling is one of the highest-paying career aspects in this technical world, where every firm, small or big, technical or financial, IT or trading every business needs a skilled financial analyst to handle their financing issues. Thus, financial modeling opens the door to numerous opportunities in the financial sector.
Consider the above-mentioned financial modeling courses in South Korea, where some courses are for absolute beginners, whereas some courses are for professionals, looking to upgrade their skills. The article has a course for individuals of every skill level.
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