Financial Modeling is the most appropriate financial tool crucial for every corporate organization as it ensures proper financial risk management since it provides an overview of what future costs and profit earnings will look like. Financial modeling is widely used by companies and enterprises. For those interested in knowing and studying the details of this systematic process there are many institutes offering financial modeling courses in India.This article goes deeper into the subject providing details on financial modeling, including its uses, available course programs, and job profiles.
What is a Financial Model?
In the field of finance, to comprehend personal and financial situations, we frequently take the help of financial tools to come to a conclusion. A financial model is one such financial tool that assists people in making crucial financial decisions by presenting potential outcomes under various conditions.
In Excel spreadsheets, the majority of financial models are built, and manual data entry is necessary. For Example, the three-statement financial model, one of the simplest of all forms, needs only an income statement, balance sheet, cash flow statement, and supporting documents. Financial models’ applications vary significantly, some are much more complicated than other models. Companies frequently tailor financial models to their specific needs.
A Financial Model thus can be referred to as a decision-making tool that is created by businesses to make pivotal future financial decisions, based on the assumptions made after reviewing and analyzing their past historical performances, future revenue, expenditure, and other variables.
What is Financial Modelling?
Financial Modelling as a method seeks to evaluate the business’s current financial costs and earnings in order to forecast the effects of any upcoming event, which aids in the facilitation of better financial decisions.
Why is financial Modeling important?
Financial modeling helps assess both company’s current and potential future financial situations since it generally includes a distinct and wide range of financial variables – cash flow estimates, debts, inflation, inventory, depreciation, and more.
Financial Modeling in businesses is most commonly used as a reliable risk assessment and risk management tool in financial situations. Given below are a few examples of such situations:
- Making investments within the company
- Mergers and Acquisitions(M&A)
- Debt or equity Financing
- Budget planning and Forecasting
What are the different types of financial models?
Financial Modelling has a broad range of applications and may be utilized to achieve distinct objectives. However, there are different kinds of financial models, the most commonly used models in the businesses are:
Types of Financial Models
Three-Statement Projection Model
Leveraged Buyout (LBO) Model
Mergers and Acquisitions (M&A) Model
Private Equity Return Model
13 Week Cash Flow Model
Why you should learn Financial Modeling?
Learning financial modeling is acquiring a set of core skills essential for various jobs in the finance sector if you are a student.
Learning financial modeling can leverage the careers of-
Chartered Accountant Professionals (or pursuing)
Professionals (or pursuing) MBA/FRM/CFA
Professionals from Finance Department, or
Anyone, who wants to make a career shift by learning financial modeling like B.Tech or Engineers from the technical background, etc.
Institutes that offer Financial Modeling courses are enlisted below:
1. IIM Skills
IIM skills is a prestigious Institute offering its services globally in Online education to students, entrepreneurs, and professionals at reasonable price. It offers many job-oriented courses for skill development of which one is the financial modeling course.
Industry curated Financial Modeling and valuation course entails Basic and Advanced Excel learning, Understanding of Key Accounting concepts, Preparing Financial Statements, Annual Report Reading, Comprehending Management Discussion and Analysis, Ratio/Key Performance Indicators (KPI) Analysis, Basics of Financial Modeling, Learning different types of Financial Models, and Business valuation.
Three months live online course comprising of Lectures- 50+ Hours, practical Assignments: 100+ Hours, Live Projects: Four, and Case Studies: 5+
Mentoring and coaching by industry experts that bring real-time business issues.
Accessibility to learning resources anytime and anywhere.
Flexibility in batch schedules available- weekdays or weekends.
Free Online Live Demo Session is available by registering, before joining the course.
Backup for missed classes available.
Lifetime Accessibility to LMS & study material.
Get awarded Master Certification on successful course completion.
Certification is Recognized by MSME Government of India.
Get assured two months of Internship with Partner Firms.
Offers after-training assistance and proper career guidance.
Preparation of mock interview and 100% assistance in placements.
With such unmatched features, IIM Skills ranks #1.
Course Fees: 39,900/- + 18% GST
For more details about the course refer Online Financial Modeling Course
IIM Skills also offers another job-oriented skill development course in the finance sector. The three vital elements of any business enterprise are finance, accounting and taxation.Our Business Accounting and Taxation Course aims to develop fundamental competencies in the other two elements.
BSE Institute Limited (BIL) is fully owned by BSE Limited. BIL receives the expertise and experience of the capital market sector amassed over the previous 147 years. It provides learning across the world in the field of financial and leadership training, enhancing the required skillsets of the professionals (or pursuing).
BIL’s Program in Quantitative Finance offers learning and training in business finance and financial modeling. This certificate finance modelling course provides knowledge from the fundamental level to the deeper technical level of quantitative modeling.
Participants can be 18 yrs. & above with Economics, Statistics, Mathematics, or Finance background.
Participants engage in different activities to gain practical training.
Study material & other interactive assignments are accessible on a cloud platform.
Participants engage in both in-class and after-class learning to develop a better understanding.
The program duration is 225 Hrs., and is available in Online/Part-time mode.
Payment options are available.
Course Fees: 88,500/- (incl.GST)
NIFM is a private vocational training institute in the financial and stock market, and accounting taxation sector. It offers both long & short-term courses for skill development. It offers its students the best education in finance
NIFM’s offered Financial Modeling course is completely based on the use of advanced Excel. It gives total knowledge and understanding of financial modeling techniques that are relevant to stock markets.
Participants should be in the second year of Graduation or above.
Live Assignments and Case studies given..
Participants get Certification from NIFM.
Classes are available on alternate days- Weekdays & Weekends.
Training Faculty is experts with ten years of experience.
Duration of the course is 2 months(In all 48 Hrs. of classes)
Course Fees- 30,000+ GST
FinTree Institute offers training for professional courses related to finance.FinTree’s Financial Modeling course enables the participants to build financial models from scratch.
Participants should have basic knowledge of the methodology of equity valuation prior to admission. The course teaches how to screen stocks for picking up, Construct financial models, Forecasting, and Valuation & Writing report.
Live Online classes are conducted every Saturday.
Course Duration is of 3-4 months, Video Lectures of 140 hrs..
Get Certification by FinTree after passing the exam.
Access to the pre-recorded videos is up to one year.
Financial modeling course is with three options- Essentials, Home School, & Live School.
Course Fees: 24,000-33,000/-
Imarticus institute offers good and quality education for individuals and corporates with its learning programs. It offers various programs in finance, analytics, marketing, and technology fields.
Financial Analysis Prodegree by Imarticus is a 127-hour online training program that covers financial accounting & financial statement analysis, financial modeling & valuation finance strategy, equity research, and execution of transactions.
FAP course structure is designed in collaboration with KPMG.
Covers topics from basic to advanced levels.
Study Materials provided.
Course duration is three months.
Online classes part-time during weekends
Requires about 8-12 hours a week of time commitment from the candidates.
Get FAP certification on successful course completion.
ProDegree program does not guarantee placements.
Course Fees- 65,000/- (for both Online & Classroom mode)
Edupristine is also one of the many institutes that offer training in the accounting, finance, marketing and analytics sectors. The course delivery mode includes three options viz; Classroom learning, Online, and Self- Paced learning.
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Edupristine has its centers in six major cities and has partnered with the BSE institute for a Financial Modeling course. The course curriculum is industry-related with practical learning and taught by expert faculty members. It equips the participants to construct various financial models.
Offers classroom and corporate training.
Extensive classroom training of 14 days(70 Hrs.)
Gives training that is Excel-based.
Provides training in soft skills.
Provides assistance for placement.
LMS access is valid for 1year.
20-25 students per batch only.
Job Profiles after Financial Modeling Course
Associate in Merger & Acquisitions
Financial Modeling & Audit Manager
Junior Project Manager
Equity Research Analyst
Investment Banking analyst
Credit Ranking Analyst
Junior Manager Financial Planning and Analysis
Associate in Investment Banking.
Which institute to choose for the Financial Modeling course?
All Institutes offer the best quality education. Below are a few aspects that you may consider to narrow down your choice for selection of course or an institute.
Online classes with flexible schedules, if working or studying.
Teaching by Expert faculty.
Availability of backup for missed classes.
Lifetime access to LMS.
Free Demo class before enrolment.
Preparation for interviews.
Career counseling and Guidance.
You may look for these course features, and after the selection of the course, forget not to contact the course counselor of the institute for further assistance and clarity.
With a hope to help you and Best wishes!