Financial Modeling and Forecasting Techniques Using Advanced Excel Tools
Live-Online Training: N 188,125
Classroom Training: N 279,500
3 - 4 participants: 5% discount
5 or more participants: 10% discount
(Available also for Customised Training by Duration, Venue & Fee)
(PARTICIPANTS MUST BE WITH THEIR LAPTOPS)
Course Description
Financial modeling is a crucial skill for financial analysts, investment professionals, and business leaders, enabling them to make informed decisions, evaluate investment opportunities, and plan for the future.
This intensive 5-day training program is designed to equip participants with the skills and knowledge required to create sophisticated financial models and conduct accurate financial forecasting using advanced Excel tools.
It is for delegates who already can create moderately complex spreadsheets and want to build models. The course will examine very briefly some foundational and intermediate topics and then progress to advanced functionality.
Course Objectives:
- To provide participants with a comprehensive understanding of financial modeling principles and best practices.
- To teach advanced Excel techniques for data analysis, modeling, and forecasting.
- Analyze historical financial data to identify trends and patterns.
- Understand the principles of scenario analysis and sensitivity testing.
- To enable participants to create dynamic and customizable financial models.
- To empower participants to make data-driven financial decisions with confidence.
- To prepare participants to effectively communicate financial insights and forecasts to stakeholders.
Course Contents
DAY ONE
Introduction to Financial Modeling and Excel Tools
- Introduction to Financial Modeling
- Importance and Applications of Financial Modeling and its applications
- Excel Fundamentals and keyboard shortcuts for efficiency for Financial Modeling
- Setting up Excel for Financial Modeling
- Data Manipulation and Cleaning Techniques
- Building a basic financial model: Income Statement, Balance Sheet, Cash Flow Statement.
DAY TWO
Building the Foundation
- Financial Statements Overview (Income Statement, Balance Sheet, Cash Flow Statement)
- Forecasting Assumptions and Drivers
- Historical Data Analysis
- Building Historical Financial Statements in Excel
- Cash Flow Statement and Its Importance
Advanced Excel Functions for Financial Modeling
- Using logical and lookup functions for scenario analysis
- Time value of money calculations with Excel's financial functions
- Introduction to array formulas and their applications in modeling
- Implementing data validation and drop-down lists for user-friendly models
DAY THREE
Advanced Excel Techniques
- Advanced Excel Functions for Financial Modeling (e.g., IF, VLOOKUP, HLOOKUP, INDEX-MATCH)
- Data Validation and Data Tables
- Sensitivity Analysis and Scenario Analysis
- Goal Seek and Solver for Optimization
- Building Interactive Dashboards
Forecasting Techniques and Time Series Analysis
- Time series data and its characteristics
- Moving averages and exponential smoothing for forecasting
- Introduction to regression analysis for trend identification
- Seasonal and cyclical adjustments in financial models
DAY FOUR
Financial Modeling and Valuation
- Forecasting Revenue and Expenses
- Capital Expenditure (CAPEX) Modeling
- Working Capital Modeling
- Discounted Cash Flow (DCF) Valuation
- Valuation Techniques (Comparable Company Analysis, Precedent Transactions)
Scenario Analysis and Sensitivity Testing
- Creating multiple scenarios using Excel's Scenario Manager
- Data tables for sensitivity analysis: one-way and two-way
- Goal Seek and Solver for optimizing financial models
- Monte Carlo simulation: an introduction to probabilistic modeling
DAY FIVE
Building Dynamic Dashboards and Reporting
- Design principles for effective financial dashboards
- Creating interactive charts and graphs using PivotTables and PivotCharts
- Using Excel's Power Query for data manipulation and transformation
- Consolidating data from multiple sources for comprehensive reports
- Model Auditing and Error Checking
- Macros and VBA for Automation