Vietnam is a developing country with a mixed economy. It is a Southeast Asian country known for its scenic oceans, rivers, and Buddhist temples. Statistically, it is a lower middle-income country as the cost of living is comparatively low. It is a mixed socialist-oriented market. Financial modeling courses in Vietnam are gradually gaining recognition as the country’s finance and corporate sector is diversified with international banks and state-owned, and joint stock commercial banks.
Let’s go through the table of contents to summarise the information in this article.
Table Of Contents
- What is financial modeling?
- Scope of Financial Modeling Courses in Vietnam
- Importance of Financial Modeling Courses in Vietnam
- Benefits of Financial Modeling Courses
- Financial Modeling Course: Types of Corporate Financing
- Choosing the Best Financial Modeling Courses in Vietnam
- Financial Modeling Courses in Vietnam: The Types of Models
- Top 10 Financial Modeling Courses in Vietnam
- FAQs
- Conclusion
What is Financial Modeling?
Financial modeling is when you create a presentation or a model that shows the performance and the results of the organization’s activities. The analysis is calculated numerically with technical tools. The end users refer to financial models to draw conclusions and make efficient decisions.
The models are useful as they forecast business performance, read through risks, evaluate equity, and analyse investment opportunities and requirements. Also, to make strategic decisions regarding mergers, acquisitions, and expansions in the company.
Investment banking sectors require financial modeling as finance engineering is crucial for valuations of company strength and to advise clients. In entrepreneurship, financial models are very useful and necessary because they assist an individual in coming up with fund forecasts and business models to secure funds.
Scope of Financial Modeling Courses in Vietnam
The economy of Vietnam is growing rapidly, and foreign investment opportunities are improving day by day. Financial modeling skills are required to determine the growth of companies.
Vietnam is the 19th largest exporter, and the country’s Trade Economy includes major outsourcing import nations such as South Korea, Japan, Taiwan, China, Thailand, and the USA. Their major export nations are the USA, China, South Korea, Japan, and Hong Kong.
The real estate sector and start-ups that are currently budding and increasing require finance specialists. The economy highly depends on the fledging professionals in the country.
Financial modeling courses in Vietnam will create experts in the field of finance. The diverse options for career advancement include roles like Financial analyst, data analyst, Investment Banking analyst, Equity Research Analyst, Corporate Financial Planner, and Real Estate Analysts.
Importance of Financial Modeling in Vietnam
Vietnam’s banking and financial sector faces some challenges like threats to cyber security, breaches of data, manipulation of statements, and bank reforms. The government and corporate directors have created new policies that require financial transparency, which will need efficient financing professionals who can build effective financial models.
For the protection of private and public sectors, their data and reserves. Export items are mostly broadcasting and communication equipment, such as integrated circuits, telephones, office machine parts, and also textiles.
The country’s economy and financial industry have improved since it started transitioning from an economy that was initially centrally planned. Now, the economy is said to be a mixed socialist one that relies largely on increased participation in private financial sectors and markets.
Financial modeling courses in Vietnam will prove to be beneficial since the economic revolution policy is levied. FSAP, a financial sector assessment program, created a wide set of policy recommendations that have led to banking and investment restructuring programs.
The GDP contribution of the economy in the year 2023 shows that the financial, banking, and insurance industries accounted for a 4.9% increase.
The country needs infrastructural advancements to improve financial relations and policies. Vietnam’s economy needs to be guarded with strict financial procedures. The requirements for collecting and protecting the financial data of the businesses and audiences.
Benefits of Financial Modeling Course
| Benefits | Provided By The Course | Description |
| Diverse Career Options | ✅ |
Commercial Banking, Corporate Development, Equity Research Analyst, Financial Analyst, Financial Planning and Analysis, Investment Banking, Private Equity, Real Estate Development, Startups, Venture Capital, etc.
|
| Better Salary Packages | ✅ | USD 2178 (Per month on average) |
| 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 recognised companies through internships.
|
| Certification and Credibility | ✅ | Gain internationally accredited certifications. |
| Placement Opportunities | ✅ | Avail placement assistance for well-paid jobs |
Choosing the Best Financial Modeling Courses in Vietnam
Before selecting a financial modeling course, the candidate needs to keep in mind a few crucial factors:
- Applicable to the career aspirations
- Global recognition and accreditation
- Dynamic and flexible
- Value for money
- Testimonials
Financial Modeling Courses in Vietnam: The Types of Models
There are more than 10-15 different types of financial models that one needs to master to be considered an expert in the financial engineering process. Some of them are:
- Leveraged buyout model: A type of model in the analysis of financial statements. Calculated and evaluated the risks that accumulate when a company is carrying debt or leverage. The likeliness of return on investment and analysis of large debt is perceived.
- IPO model: The Input-Process-Output model simply helps the user of the financial model understand the workings of the company’s processes, systems, and projects in hand.
- Discounted cash flow model: The DCF model estimates the value of an investment by ascertaining the cash flow expected in the organisation. The evaluation is done through a simple calculation using a formula.
- Three-statement model: The company’s income statement, the balance sheet, and the cash flow statements are the three statements that are evaluated for this model. Being able to conclude forecasting company performances through the amount of flow of cash, debt, equity, expenses, revenues, and being able to cause reduction of risks.
- Merger model: As the name suggests, this model combines the statements and transactions that occur after the company has decided on a merger and acquisition. The earnings per share and the returns are calculated for effective planning and better decision-making.
- Cash flow forecasts: This model analyses the liquidation capacity of the organisation. The cash flow statement helps to understand the value of the current assets over the current liabilities. It is also known as cash flow projection. The funding and the spending of cash are supervised and controlled.
- Budget model: The company will be able to determine and navigate where the funds are being spent. The distribution of resources is analysed through the budget model to reduce risks of loss and for strategic decision-making in allocating budgets.
- Consolidation model: The combination of statements is called consolidation. Various financial records, multiple results, and transactions are all converted into a relatively consolidated model for summarising the highest and lowest figures of organisational workings.
- Comparable company model: A business model or a corporate company model ascertains the workings of a business. The estimation is done based on how the revenue is generated by improving profits and reducing risks.
- Option pricing model: The option pricing model mathematically calculates the opportunity cost. The idea of an option being useful or not is analysed in a business model.
Top 10 Financial Modeling Courses in Vietnam
| Institutes | AI Integrated Curriculum | Mode | Module Specific Trainers | Mock Interview |
| IIM SKILLS | ✅ | Online | ✅ | ✅ |
| EdX | ❌ | Online | ❌ | ❌ |
| Coursera | ❌ | Online | ✅ | ✅ |
| Udemy | ❌ | Online | ✅ | ❌ |
| The Knowledge Academy | ❌ | Offline | ❌ | ❌ |
| Unichrone | ❌ | Offline | ✅ | ✅ |
| EduPristine | ❌ | Online | ✅ | ❌ |
| EY | ❌ | Online | ❌ | ❌ |
| CFI | ❌ | Offline | ✅ | ❌ |
| Henry Harvin | ❌ | Offline | ❌ | ❌ |
#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 an online educational platform that administers top financial modeling courses in Vietnam. The institute has successfully trained 15000+ students worldwide with their unique ideologies and expertise.
The headquarters is located in New Delhi, India. It is one of the leading financial modeling institutes in Vietnam that provides the best guidance for financial engineering aspirants. It is an institute that not only offers top-notch education with quality training but also gives options for training with placement support with one-to-one mentoring sessions.
Hands-on practical training with live case studies and real-time tutoring. The program provides technical support and resume building.
| COURSES | DURATION | FEES |
| Self-Paced program | 4 months | 10568861.96 VND |
| Job Assist program | 4 months | 17638334.85 VND |
| Job Guarantee Program | 4 months | 52985699.28 VND |
The highlight of the financial modeling course is that they award you with an internationally accepted and accredited certification. The master certification and expert training are sure to land you a job. The institute provides 1 month of internship for interested candidates. 100% money-back guarantee.
IIM SKILLS is a globally recognised institute. The institute sheds light on various case studies for practical learning through live situations and statements. They provide up-to-date knowledge concerning current trends in the fields of finance, marketing, and business.
| Modules | Topics |
| 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 |
Contact Information:
| Phone | +91 9580740740 |
| info@iimskills.com | |
| Website | iimskills.com |
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2. EdX
Edx is an online platform that contains premium-quality content. Candidates pursuing finance-related skills can draw meaningful insights derived from the records of a company. It is one of the leading financial modeling institutes in Vietnam.
This website has over 700 finance-related courses to choose from. The candidate can make the choice based on the expertise and depth of knowledge required. The courses are curated by institutes like Babson College, Massachusetts Institute of Technology, University of Capetown, and so many more.
Edx contains exactly 205 finance-related Courses, 30 Executive Education, 5 Masters Programs, and 10 Bachelor’s Programs. Edx offers a wide range of education and training opportunities that are self-paced and interactive.
| INSTITUTE | BabsonX by Edx |
| COURSE | Financial Modeling for Decision-Making |
| DURATION | 6 months |
| MODE | Online |
At the end of the course, one will be an expert in the field of finance. Being able to use tools and techniques for efficiently growing a business and raising risk-free funds. Internationally approved certificated and recognized.
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3. Coursera
Coursera is an established online educational and training website that caters to various institutional degrees. The organization was founded in the year 2012 and has since gained popularity for self-paced short courses.
The financial modeling course offered by Coursera is called “Business and Financial Modeling Specialization,” curated by Duke University at Pensylvania.
It is a five-course series of interactive learning and real-time-based scenarios. Coursera is one platform that aims to create flexible training curriculums that are inexpensive and that is the reason it is considered as one of the top financial modeling institutes in Vietnam.
The website also covers job training and soft skills development. They have over 300 training specialists and leading institutes under them. They aim to provide the aspirants with quality training and enhance performances successfully.
The course is accommodated with the current trends in finance, technology, and the economy. Through the courses provided by Coursera that are usually self-paced, a finance executive will be able to gain huge insights and knowledge for successful financial modeling.
| Course | Duration |
| Financial Management Specialization (Duke University) | 5 months |
| Real Estate Financial Modeling | 1 month |
| Discounted Cash Flow Modeling | 1 month |
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4. Udemy
Eren Bali founded this online training and education website. It is a platform for a variety of free or cost-effective training. The website allows expert tutors from all over the world to create courses and structure training opportunities.
The website is a portal to over a thousand courses in varied subjects like marketing, finance, health, IT programming, and much more. They offer seasonal discounts and user-friendly courses that are paced. The difficulty levels of the courses can also be customized by the aspirants.
Financial modeling courses in Vietnam are crafted and curated by experts in the industry of corporate finance. The students can level up from beginner to professional level in less than a month. The study materials and resources are easily accessible.
The certification provided is based on credits earned and points for technical aspects. The degree is recognized all over the globe. Their syllabus contains a well-structured curriculum that is designed for candidates who are looking to upskill in the industry of finance.
| Course | Duration |
| Complete Financial Modeling Course with 9 Industry Models | 8-10 hours |
| Beginner to Pro in Excel: Financial Modeling and Valuation | 10 hours of video content |
| Advanced Financial Modeling and Valuation | 5+ hours of video content |
5. The Knowledge Academy
This institute comes in the top 5 among the best online platforms for financial modeling courses in Vietnam. The knowledge academy has a master’s course in financial modeling and valuation. The institute has been up since 2012.
They provide online courses and offline programs in over 400 countries. Their expertise is spread across fields like management, finance, health, marketing, and more.
It is one of the reputed financial modeling institutes in Vietnam that offers certification globally accredited and of good value. The benefits of enrolling in the course are the premium quality trainers, interactive sessions, 10+ years of expertise in the finance industry, high-quality study materials, and resources.
| COURSE | Financial Modelling and Valuation |
| DURATION | 1 month |
| MODE | Online |
| CRITERIA | The finance industry, Commerce background |
| FOR | Analysts, Consultants, Managers, Professionals |
| FEE | Not specified |
This academy is known for its vast pool of educators and its well-structured course curriculums that are dynamic according to the needs of the students aspiring to be finance experts.
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6. Unichrone
Unichrone’s training and education process involves a unique structure that is relevant to current practices. The headquarters is situated in Bangalore, India. It is considered as one of the well-recognised financial modeling institutes in Vietnam.
| COURSE | Financial Modelling and Valuation |
| DURATION | 1 month |
| MODE | Online |
| CRITERIA | The finance industry, Commerce background |
| FOR | Analysts, Consultants, Managers, Professionals |
| FEE | Not specified |
The academy was founded in the year 2015 and has successfully educated over 10,000 students. They hire expert trainers from all around the world. The company also has a consultancy department that offers aspirants career guidance and counseling at a low cost.
The academy is enriched with a wide range of structured curricula according to the current industry needs. They have trained candidates from the USA, Canada, China, Russia, and more. The class hours are conveniently allotted according to the student’s requirements and needs.
| Financial Modeling Certification Exam Details | |
| Exam Name | Financial Modeling Certification Exam |
| Exam Format | Multiple choice |
| Total Questions | 30 Questions |
| Passing Score | 70% |
| Exam Duration | 60 minutes |
7. EduPristine
EduPristine is an Indian online training and education institute. Professional courses are offered in the fields of finance, accounting, GST, analytics, marketing, and health care.
The academy contains internationally certified programs and conducts examinations for competitive exams in accounting and business management. Edupristine is a reputed financial modeling institutes in Vietnam.
The platform also serves as a connecting partner for soft skills development, networking, risk management, negotiation, and resolutions. The affiliation is from ACCA and they are also partnered with Becker’s.
They conduct CPA classes all over India which are available online as well as offline. Education and certification training is made accessible by EduPristine.
| COURSE | Financial Modeling Virtual Classroom Training |
| DURATION | 100+ hours |
| ACCREDITATION |
EduPristine & BSE Institute Ltd. Joint Certificate Program
|
Structured Curriculum:
| CURCIULUM DAY | CONTENT |
| 1 | Microsoft Excel Tips |
| 2, 3, 4, and 5 | Case study |
| 6, 7 | Mergers & Acquisitions |
| 8, 9, and 10 | Project Finance |
| 11, 12 | Macros |
| 13, 14 | Valuation Case studies |
| 15 | Visualization |
| 16, 17 | Power BI |
The financial modeling course offered by this academy covers many advanced tools and topics that are highly beneficial. They prepare the candidates with case studies, hands-on practical training, BSE Institute certifications, ACE, and excellent literacy.
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8. EY
Ernst & Young is a multinational company established more than a century ago. They employ over 400000 manpower resources across 150 countries with over a million alumni. This company is known for services like finance, consultations, tax, advisory services, strategy, and management.
EY offers a wide range of education platforms and programs like EY FAAS Learning Solutions, EY Virtual Academy, EY Connect Learning, and other educational services. The EY Virtual Academy provides a certification program in financial modeling and valuation that is meant for finance industry aspirants.
EY’s financial modeling course covers the best industry trends. Trains to build strategic model designs, tax calculations, mergers, acquisitions, investment analysis, and finance management.
The certificate is internationally recognized and accredited. They provide training and development with the personal touch and soft skills and is considered as reputed financial modeling institutes in Vietnam.
| COURSE | Financial Modeling and Valuation |
| DURATION | 48+ hours of live training |
| FEE | USD 140 |
| LMS ACCESS | 6 months |
| SUITABLE FOR |
Finance professionals working in investment banking and equity research, Finance managers, Corporate finance, private equity and M&A professionals, CA, FRM, MBA Finance, CFA course candidates, Finance Graduates, and Self-employed finance professionals
|
9. Corporate Finance Institute (CFI)
CFI was founded in the year 2016 in Vancouver, British Columbia. It is one of the very few remote-first organizations that aim to support members working from home.
| COURSE | DURATION | FEES |
| Learn Financial Modeling with CFI self-paced | 4-6 months | 100 USD |
| Financial Modeling Immersive program | 6 months | 170 USD |
The academy is known to be a global online training institute that provides certification programs in finance and banking. CFI contains a variety of topics for training that are up to date with the current scenarios.
Courses are offered in subjects of financial modeling, valuation, corporate finance, and management. Practical skills training with hands-on training. Advanced tools to create professionals in the applied fields.
The list of courses includes Financial Modeling and Valuation Analyst, Commercial Banking and Credit Analyst, Business Intelligence and Data Analyst, and Financial Planning.
10. Henry Harvin
Henry Harvin is another online education platform that is known to be one of the best edtech companies in the industry of online education. The headquarters of this online institute is in Uttar Pradesh, India.
The platform has featured various courses for topics like data analytics, marketing, writing, business, taxation, and other finance fields. The company not only provides expert training but also assists in job training and soft skills.
They are partnered with IIT Guwahati. The certification is from NSDC, the government of India, and is a ‘Great Place to Work Certified Organization’.
Financial modeling is a highly demanded skill in the finance industry. The technical world today requires expertise in the field of finance which is made easy with the course from Henry Harvin. The learning management system has been accessible for over a year. The certificate provided by the government is accredited internationally.
| MODULE | CONTENT |
| M1 | Basic and Intermediate Excel |
| M2 | Advanced Excel & PowerPoint |
| M3 | Basic Finance concepts |
| M4 | Business Modeling |
| M5 | Comparable Company Analysis |
| M6 | Transaction Analysis |
| M7 | Discounted Cashflow Valuation |
| M8 | Merger Model |
| M9 | Leverage Buyout |
| M10 | Mock Interview and Resume |
#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 is the use of financial modeling in a company?
Financial models are useful to draw insights into the workings of a business. The risks, revenues, expenses, income, shareholders’ equity, and asset vs liability are all measured through financial models. Helps to forecast business performances and reduce problems.
2. What are the salary expectations after finishing a financial modeling course in Vietnam?
The average starting salary of a financial analyst in Vietnam can range from VND 15,000- 26,000/- per annum. The salary of a senior financing engineer can go from VND 30,916,000 to 40,000,000/- per month.
3. What are the career roles and options for a candidate skilled in financial modeling?
Investment Banker, Financial Planner and Analyst, Equity Research Analyst, Corporate Finance Specialist, Commercial Banker, Corporate Developer, and many more options that require finance specialization.
Conclusion
If you aspiring to do financial modeling courses in Vietnam, make sure to choose the right course. The course you choose must meet your expectations, your need for enhancing skills, and the cost of the program. Upskilling in your career is always a good decision.
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