The practice of financial modeling is widely used by executives for the estimation of the costs and projection of the profits of a proposed new project. It basically helps in representing numbers of the operations in the past, present, and the forecasted future of a company, and its models are, therefore, intended to be used as decision-making tools. Thus, companies look for candidates with excellent knowledge of financial analysis accompanied by related certifications that validate their skills in financial modeling analysis to fulfill their needs.
So, if you also aspire to build a career in financial modeling analysis then simply follow us till the end of the blog as here you’ll get to find the 9 Best Financial Modeling Courses and Certification to Learn in 2022. Let’s begin with knowing the roles, responsibilities, and required skills of financial modeling professional.
Responsibilities
Some major roles and responsibilities of a financial modeling professional are-
- Perform valuation of a security
- To discover new market opportunities
- To know the advantages of a merger
- Keep a check on investment needs
- To forecast future raw material requirements
- Predict and quantify risk
Recommended skills
To begin with, let’s discuss the basic skills that are required to become proficient finance modeling professional. These are-
- Skills of using Excel
- Accounting knowledge
- Detail-orientation
- Problem solving skills
- Presentation skills
- Forecasting knowledge
- Designing skills
9 Best Financial Modelling Courses and Certification to Learn in 2022
Numerous courses on financial modeling are made available by various educational websites today. In order to help you choose a course that best suits your requirement, here we provide a list of 9 Best Financial Modeling Courses and Certification to Learn in 2022. Hence, this will help you analyze and decide which of these courses meets your demands. So, without any further waste of time let’s directly look at what we are here for-
1. Certified Financial Modelling Professional by Vskills
This government certification program on financial modeling tests your knowledge as per the organization’s requirement for building financial models for analyzing firms, IPOs and FPOs. Besides, it provides you with knowledge in several areas in financial modeling as well as valuation principles. Following are some important details and the course outline that you should know before enrolling in this course.
Course Details
- Government certification
- Fees- Rs 3499
- Validity of certificate- Lifetime
- Learning hours- 13 hrs
Course Outline
- Financial Modelling Basics
- Financial Ratios
- Components of Balance Sheet
- Using Excel for Financial Modelling
- Valuation
- Case Study
2. Business and Financial Modeling Specialization by Coursera
This specialization is specially designed to inform you about various business and financial decisions. Thus, it will introduce you to spreadsheet models, modeling methods, as well as common applications for investment analysis, forecasting, company valuation, and more. So, by the end of this course, you’ll be able to use your own data to explain realities, create scenarios, and predict performance. So, if you wish to apply for this program then keep note of the following important details before enrolling.
Course Details
- Subtitles: English, Arabic, French, Portuguese (European), Italian, Vietnamese, German, Russian, Spanish, Portuguese (Brazilian)
- Financial aid available
- Level-Beginner
- Duration- 6 months
Course Outline
- Fundamentals of Quantitative Modeling
- Introduction to Spreadsheets and Models
- Modeling Risk and Realities
- Decision-Making and Scenarios
- Wharton Business and Financial Modeling Capstone
3. Financial Modeling: Build a Complete DCF Valuation Model by Udemy
This course will enable you to build a cash flow statement, know the way to value a company, able to create a valuation model from scratch as well as a model with multiple scenarios. Moreover, you’ll get to know the way of creating professional and good-looking advanced charts. So, this course is a good option for candidates who wish to gain fundamental knowledge of financial modeling.
Course Details
- Certification validity- Lifetime
- 1 article and 113 downloadable resources
- Price- Rs 525
- Learning hours- 4 hrs
Topics Covered
- Introduction to company valuation
- The technical tools you need when valuing a company
- Learn how to build a discounted cash flow model in excel-Introduction
- Forecasting of key P&L items
- Forecasting of key-balance sheet items
- Creating clean output sheets
- Learn how to create unlevered free cash flows and net cash flows
- Calculating present values of cash flows within the forecast period
- Calculating continuing value, enterprise value and equity value of the business
- Additional analysis accompanying the financial model
- Valuation of Tesla
4. Financial Modeling Certification Course by Henry Harvin education
With the help of this certification course, you’ll be able to develop a strong financial model using advanced financial methods. Its globally recognized curriculum, comprised of 6 essential modules with industry-related case studies will help you gain expertise in the mechanics of financial reporting.
Course Details
- Shareable certificate
- Projects included
- Duration-40 hrs
- Internship assistance available
Course Outline
Module 1: MS Excel Tips
Module 2: Financial Statement and Ratios Analysis
Module 3: Financial Management and Corporate Finance
Module 4: Project Finance Modelling
Module 5: Equity Research Modelling
Module 6: Financial Report Writing
Case Study I
Case Study II
Complimentary Module 1: Soft Skills Development
Complimentary Module 2: Resume Writing
5. Financial Modeling in Spreadsheets by datacamp
This course provides you with basic knowledge of business modeling with an emphasis on cash flows, annuities, investments, loan amortization, as well as saving for retirement. So, at the end of the course, you’ll have gained function and referencing skills in sheets that you can further apply to all types of models.
Course Details
- Language- English
- Videos-13
- Duration- 4 hrs
- Exercises-52
Course Outline
- What are Models?
- Time Value Money Models
- Planning and Investing Models
- Probabilistic Models
6. Certificate in Financial Modelling and Valuation by EY
This course consists of learnings through demonstrations and examples that are further augmented by an overall case study, that will cover all the modules that are taught. By the end of this course, the participants will be able to develop well-structured, strong, and dynamic financial models for performing an independent business valuation. So, straightaway enroll in this program if you are looking for a comprehensive course on financial modeling.
Course Details
- Video content- 36+ hours
- Presentations included
- Certificate of completion
- Online assessment
Major aspects
- Best practices
- Structuring and designing models
- Sector-specific working of revenue and expense
- Understanding various possible ways to compute different line items forming a part of financial statements
- Tax calculation
- Integrating financial statements to present a cohesive output
- Building macros
- Various approaches to valuation and how to apply them
- Presentation of output in an appealing and meaningful manner
7. Financial Modeling Course by Proschool
This course helps you acquire skills required to become a successful investor, financial modeling analyst, or help your start-up raise funds. Thus, it is helpful for fresh graduates, postgraduates, working professionals, MBA aspirants, investors as well as entrepreneurs. So, this course will prove to be beneficial in enhancing your excel proficiency and financial reporting skills.
Course modules
- Excel proficiency
- Financial Reporting and Analysis ( including Ratios)
- Corporate finance
- Project Finance Modelling
- Equity Research – Modelling
8. Become a Certified Financial Modeling & Valuation Analyst (FMVA)® with CFI
This course will teach you to create, visualize and present flexible, clear, and structured financial models along with critical hard skills necessary to build financial models from scratch efficiently. Moreover, some other important details of the course to be kept in mind while applying are mentioned below.
Course Details
- Video-based learning
- Quizzes and exercises included
- Access to course library
- 120+ downloadable resources
Course Contents
- Accounting Fundamentals
- Reading Financial Statements
- Excel Crash Course – Spreadsheet Formulas for Finance
- Introduction to Corporate Finance
- Math for Corporate Finance
- Capital IQ Fundamentals
- Macabacus Essentials
- Financial Analysis Fundamentals
- Accounting Principles and Standards
- Building a 3 Statement Financial Model
- Business Valuation Modeling Part I
- Business Valuation Modeling Part II
- Budgeting and Forecasting
- FP&A Monthly Cash Flow Forecast Model
- Scenario & Sensitivity Analysis in Excel
- Dashboards & Data Visualization
- PowerPoint & Pitchbooks
- Professional Ethics
- Mergers & Acquisitions (M&A) Modeling
- Leveraged Buyout LBO Modeling
- The Amazon Case Study (New Edition)
- Presentation of Financial Information
- Real Estate Financial Modeling
- Startup / e-Commerce Financial Model & Valuation Course
- Mining Financial Model & Valuation
- Renewable Energy – Solar Financial Modeling Course
- Corporate & Business Strategy
- Advanced Excel Formulas Course
- Excel VBA for Finance
9. Corporate Finance: Robust Financial Modeling by Linkedin Learning
In this course, you get to learn about financial modeling tools, the significance of soft skills, and the way financial modeling can empower thought leaders. Moreover, you learn how to present a model to stakeholders and the way to demonstrate flexibility through a situation analysis. Following are some other important details that you should keep in mind before applying for the course.
Course Details
- Price- Rs1400
- Level-Intermediate
- Shareable certificate
Topics Covered
- Introduction
- Understanding Financial Modelling
- How to Design a Financial Model
- How to Build a Robust Financial Model
- Quality Assurance
- Finalizing and Presenting Your Model
Finally, we reach the end of the blog with the hope that it’ll turn out to be fruitful for candidates aspiring to opt for a course on financial modeling that fulfills their requirements. So, you need not wait anymore and right away apply for any of the above courses to kick-start your career as financial modeling professional.
HAPPY LEARNING!!