Top 5 Financial Modeling Courses With Internship
In any business, financial modeling is very important. It aids in the operation of a business in a variety of ways including the generation of business ideas, the review of current operations, decision-making, and so on. As a result, the value of financial modeling is rapidly increasing in the industry, and so is the demand for skilled individuals in the domain. Therefore, many institutes offer financial modeling courses with internship to produce skilled financial modelers in the industry. These courses teach from the beginning to the advanced level. You can improve your skills and get high-paying jobs by taking these courses.
Financial modeling is an exercise in which a company estimates its past, present, and future performances in numerical terms which are based on various data. And these estimations serve as decision-making tools that assist a company in determining what to do in the future to gain profits, as well as what practices are not necessary for the future.
There Are Various Types of Financial Modeling, Which Include:
- Three statement model
- Merger model
- Initial public offering model
- Discounted cash flow model
- Leveraged buyout model
- Consolidation model
- Forecasting model
- Budget model
- Option pricing model
Now let’s look at some skills which are required in financial modeling.
Skills Required For Financial Modeling
If you’re looking for financial modeling courses with internship, improving your accounting skills should be your top priority. First and foremost, you must master the fundamentals of accounting so that you do not encounter any difficulties while working and reading financial statements.
A financial modeler must be an Excel wizard if he is to excel in the field. For example, if you know all of the shortcut keys, you will eventually save a lot of time. Similarly, if you are familiar with all of the functions and formulas in Excel, financial analysis and calculation will be simple for you.
If you want to be successful in financial modeling, you must be able to simplify complex data. Furthermore, you must present the model in simplified terms so that you do not have to expend effort in making your superior understand what you are presenting.
Attention to Details:
One of the most important skills in financial modeling is paying attention to details. For instance, as a financial modeler, you must analyze various documents and data, and you must be detail-oriented to do so. As a result, you can excel in the domain.
Do you have the ability to forecast? If so, it will be considered one of the most significant advantages in your financial modeling career. As a financial modeler, you must make predictions about future aspects based on past and present data that is necessary for the domain.
One of the necessary skills in financial modeling is problem-solving ability. When analyzing the data, you must think logically and in an organized manner to come up with better solutions. As a result, you can achieve excellence in your field.
Linking Financial Statements:
Last but not least, one of the most important skills in financial modeling is the ability to connect financial statements. And linking financial statements include connecting income statements, balance sheets, and cash flow statements. Although it is a critical task, it is also a difficult one. That is why, to succeed in the domain, one must excel at linking financial statements.
Benefits of Financial Modeling
Understanding the Business:
Financial modeling has several advantages, one of which is the ability to comprehensively understand a business. In financial modeling, a finance analyst provides critical thoughts on the company’s previous and current data. As an outcome, they will be able to comprehend the company’s business model. Therefore, these procedures enable them to gain a comprehensive understanding of the business.
Growth of a Business:
Financial models aid in business growth by determining various aspects. It examines the cost-benefit metrics and determines how much money should be invested in a profitable area. Besides that, the financial model helps in examining how quickly the business will grow.
Because a financial modeler conducts proper research while predicting any aspect of a business, financial modeling reduces the overall risk of any business. Furthermore, in this overall practice of financial modeling, an analyst identifies various threats and risks and then proposes solutions to the problem.
Generates Quick Outputs:
Financial modeling also produces quick results, eliminating the need to wait months for specific answers to questions. It produces results quickly, which aids in timely decision-making. As a result, you will not experience any delays in this manner.
Accurate Financial Budgeting and Forecasting:
A financial model can help you reduce extra costs and risks when investing in a specific business. A financial model, for instance, generates an accurate financial budget and forecasts for a business based on various data. And with these two, a company’s activities can be well-structured. As a result, financial modeling aids businesses in budgeting and forecasting.
Get a Review of Performances:
Financial modeling compares the company’s actual results to the budget to perform various analyses. And it is a critical aspect of any business. Furthermore, a company can conduct a daily review to get feedback on the operations and adjust them accordingly.
Financial models can help a company determine its worth. It calculates a company’s cash flows that occur from time to time and can show the equitable value of a specific business. As a result, if you enroll in any financial modeling courses with an internship, you will understand the importance of financial models as well as your role as a financial modeler.
After completing financial modeling courses with an internship, you will have several career options, as described below.
Investment Banking Analyst:
An investment banking analyst is responsible for a variety of roles within a company. It entails researching and analyzing financial data, developing and applying financial models, and staying updated with financial markets. A financial analyst, on the other hand, is in charge of mergers and acquisitions.
According to Payscale, the average base salary of an investment banking analyst is around INR 552k per year in India.
Equity Research Analyst:
The equity research analyst conducts extensive research on the stock market industry and reports to their client. And these reports aid in large investment decisions such as the purchase, sale, and ownership of specific investments. As a result, the demand for an equity research analyst is high. And you can choose a career after completing financial modeling courses with an internship.
According to Glassdoor, the average salary of an equity research analyst is INR 735k per year in India.
A financial analyst analyses the company’s financial operations thoroughly and develops a long-term plan that benefits the company. A financial analyst also evaluates the performance of stocks, bonds, and other types of investments and provides investment advice to the company.
According to Payscale, the average base salary of a financial analyst is INR 429k per year in India.
Market Research Analyst:
The marketing research analyst examines and analyses the data of a company. After that, they respond to questions such as “What goods does a market wish?”, “Who would purchase such a thing?” and “How much will consumers purchase the products?” Furthermore, they utilize available data to help for the company’s benefits.
According to Payscale, the average base salary of a market research analyst is INR 333k per year in India.
A finance manager is in charge of many different tasks in a business. Preparing forecasts, creating and monitoring the financial budget, collaborating with other managers on a company’s budget, and so on are examples of these tasks. A finance manager also monitors the progress of projects and ensures that they are completed on time.
According to Payscale, the average annual salary of a finance manager is around INR 10 lakh in India.
Now Let’s Delve Into Some Financial Modeling Courses With an Internship
1. IIM SKILLS
IIM SKILLS, headquartered in New Delhi, is an ed-tech institute that offers a variety of professional courses to students, working professionals, and entrepreneurs worldwide. The institute’s goal is to provide world-class education at an affordable price that will help students improve their skills. Moreover, it has trained over 15000 students who are led by industry experts with extensive experience.
IIM SKILLS offers various courses such as financial modeling master course, content writing master course, BAT course, technical writing course, GST practitioner course, and much more. Therefore, let’s look at the financial modeling courses with internship offered by IIM SKILLS and discuss the curriculum, internship opportunities, and so on.
Financial Modeling Master Course
39,900 Rs+ 18% GST
|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
Financial Modeling Course Features:
- 100% practical course
- 50+ lectures
- Lifetime access
- Experimental learning
- Placement assistance
- Internship opportunity
- 100+ hours of practical assignment
- Basic and advanced excel
- financial statements and accounting concepts
- Ratio/KPI analysis
- Basics of financial modeling
- Types of financial modeling
- Business valuation
Besides these features and modules mentioned above, you can gain various skills like critical and analytical skills, communication and presentation skills, problems solving skills, and much more. Thus if you are looking for financial modeling courses with internship then IIM Skills is the right place.
Finladder is a startup online educational organization that aims to increase financial literacy in India and around the world. The organization conducts various courses for students and professionals that include financial modeling and valuation, financial risk management, Microsoft excel, fundamentals of investment, and so on. Therefore, if you’re looking for financial modeling courses with an internship, you’ve come to the right place because the organization provides a guaranteed internship in their financial modeling and valuation course.
Investment Banking (Financial Modeling and Valuation Course)
- Access on mobile and TV
- Lifetime access
- 6 lessons
- Get better knowledge of corporate finance
- The entire course aids in the analysis of one’s investments
- Get your resume improved and so on.
- Complete excel course
- Financial modeling
Furthermore, the course includes free basic to advanced excel courses as well as practice questions. You can also get a video library, practice questions, e-notes, a WhatsApp group for questions, a live project, and a bi-weekly webinar for questions. Finladder primarily provides financial modeling courses for students, beginners, job seekers, traders, investors, and others interested in finance.
Professional Courses from IIM SKILLS
- Investment Banking Course
- Digital Marketing Course
- SEO Course
- Technical Writing Course
- GST Course
- Content Writing Course
- Business Accounting And Taxation Course
- CAT Coaching
3. Fincradle or Educradle
Are you looking for financial modeling courses with an internship? If yes, then Fincradle is one of the best options for you. Now let’s discuss who is Fincradle? Fincradle, which was founded in 2019, has taught over 3,000 students and mentored over 10,000 students within two years. The institute aims to develop strong roots for its candidates through its courses that are designed from the basic level to the advanced level so that its students can achieve their financial goals. Therefore, when it comes to financial modeling courses with internship, Fincradle’s IBFM (Investment banking and financial modeling) course is up for you.
Investment Banking & Financial Modeling
- 80+ hours of live and online sessions
- Access to recordings
- Live industry projects
- 100% internship placement
- Resume development sessions
- 1-1 mentorship sessions for the interview
- 1-1 mentorship sessions with experts and so on.
Candidates who want to work in finance and are looking for opportunities in the industry are eligible for the course. As a result, you will be trained by investment banking professionals in this Fincradle IBFM course. Furthermore, after completing the course, the institute will guarantee job placement.
Internshala is a New Delhi-based internship and online training platform that was founded in 2010. Internshala began offering online training in 2014. If we talk about the financial modeling courses then Internshala offers its financial course at a very cheap price. And more than 15k people have enrolled for the course.
Financial Modeling and Valuation Course
- 6 weeks duration
- Mobile friendly
- Downloadable content
- Online learning
- Placement assistance
- Understanding excel – 3 topics
- Techniques for Making Investment Decisions – 5 topics
- Financial statement analyses – 8 topics
- Valuation – 4 topics and so on.
How will the Training Work:
- Learn various concepts by watching the videos
- Quizzes and module tests will test your knowledge
- Do projects to get hands-on experience
- To become certified in Financial Modeling and Valuation, take the final exam.
As a result, once you’ve enrolled in the course, you’ll be able to find internships and job training opportunities.
5. Henry Harvin
Henry Harvin is a global ed-tech company that offers both online and offline courses. The company has a customer base in 97 countries around the world. It offers over 200 programs to help students all over the world to improve their skills. Therefore, when it comes to financial modeling courses with an internship, Henry Harvin has over 5000 students enrolled in the financial modeling course program. So let’s take a look at the course overview.
- 40 hours of live online sessions
- E-learning access
- Internship opportunity
- 100% placement support for 1 year after course completion
- Regular boot camp for 1 year
- MS Excel tips
- Ratios analysis and financial statement
- Financial management and corporate finance
- Project finance modeling
- Equity research modeling
- Financial report writing
- Case studies 1 & 2
- Soft skills development
- Resume writing
As a result of Henry Harvin’s excellent training, you will be able to develop a robust financial model, mechanics of financial reporting, prepare financial statements, analyze & forecasts, revenue & cost, etc. You can also create a presentation sheet, a company overview, a sector overview, and a financial modeling report.
As a result, we have discussed some details about financial modeling, such as the various institutes that offer the course, the skills required to be a finance modeler, the benefits of financial modeling, and career options once the course is completed. Thus, financial modeling plays an important role in business and benefits it in a variety of ways. It provides a detailed orientation for everything from understanding a business to getting a review of a business’s performance.
Frequently Asked Questions- FAQs
Q1. What is financial modeling?
Financial modeling is an exercise in which a company estimates its past, present, and future performances in numerical terms which are based on various data.
Q2. What are the skills needed in financial modeling?
You need some very important skills while doing financial modeling. And these skills include accounting skills, excel skills, simplification, attention to detail, forecasting skills, problem-solving skills, and the skill of linking financial statements.
Q3. What are the benefits of financial modeling in a business?
Financial modeling benefits a firm in various ways such as understanding the business, growth of a business, minimizing risk, generating quick output, accurate financial budget, and forecasting, in getting a review of the performances and business valuation.
Q4. What are the career opportunities after doing financial modeling course?
After completing the financial modeling course, you may pursue a career as an investment banking analyst, equity research analyst, financial analyst, market research analyst, finance manager, and so on.
Q5. Which institutes provide financial modeling courses with an internship?
You can look into the numerous institutes listed above that offer financial modeling courses.