Financial Modeling is creating or restructuring a financial plan that helps companies or businesses forecast future financial performance by successful application of skills like analytical skills, forecasting, spreadsheets, accounting, auditing, modelling types, etc. Financial Modeling can be applied to assist managers and business owners in decision-making, cash flow management, and assessing business performance.
Financial Modeling courses are offered at UG and PG levels. Certificate courses in Financial Modeling are also offered by various course providers. For UG Financial Modeling courses, candidates must have completed class 12th from any recognised board, and for PG courses in Financial Modeling, candidates must have completed a graduation degree from any recognised university. There are also many online platforms that offer Financial Modelling courses.
Financial Modeling offers a wide range of career options with decent salary packages. Students can be offered salary packages ranging from INR 7,00,000-16,50,000 depending on the job profile. Some of the top job profiles offered after completing Financial Modeling courses include Financial Modeler, Financial Analyst, Equity Research Analyst, Mergers and Acquisition Associate, Investment Banking Associate, etc.
Table of Contents
- What is a Financial Modelling Course?
- What is a Financial Modelling and Valuation Course?
- Online Financial Modelling Courses
3.1 CFI
3.2 EY
3.3 Udemy
3.4 Coursera
3.5 IIM
5.1 Delhi
5.2 Pune
5.3 Kolkata
5.4 Hyderabad
Financial Modelling Courses
Financial modelling is the process of creating a summary of a company's costs and earnings in order to assess the impact of a future event or choice made by the firm or an individual. A Financial model is a tool built into a spreadsheet to forecast the future financial performance of a company or financial instrument.
- A Financial modelling exercise is one that is necessary for asset pricing or corporate finance. It aids in the conversion of financial market or agent behaviour into numerical projections. Typically, the forecast is based on a company's past performance as well as future expectations.
- Aspirants who pursue Financial modelling courses can find good job opportunities in startups and businesses. The finance sector in India has an overall growth of 15%, which has exhibited stability over the last few years. Financial modelling course aspirants can find job opportunities in budding sectors of finance such as banking, insurance, and venture capital markets.
- Financial modeling courses of the bachelor’s level in Finance, Management, Accounting, or business administration are most common to pursue a career as a finance manager in India. Few top companies prefer candidates with CPA Certification, PMP Certification, and MBA along with Financial modelling courses.
- Financial modelling is more commonly thought of as a skill set necessary by someone who wishes to forecast the path of his or her money. Financial modelling courses may be found on sites such as Udemy, Coursera, IMS Preschool, CFI, EduPristine, and others. A financial analyst might be someone who has Financial modelling credentials or who has Financial modelling talents.
What is a Financial Modelling and Valuation Course?
Financial Modelling and Valuation course is a widely recognised course teaching students about financial models and their use in estimating the valuation of an asset or company. In this course, students also learn about financial models used for various other purposes such as decision-making, resource allocation, forecasting future earnings, cost estimation, projection of profits, etc. In other words, the course is designed to teach students about financial models and their role in determining the worth and forecasting the future financial results of a company.
Online Financial Modelling Courses
Financial Modelling courses are offered by various platforms like CFI, Udemy, Coursera, etc. in online mode. Students can review the tables below and check details like fees and duration of the online Financial Modelling courses offered by CFI, EY, Udemy, Coursera, and IIM Skills..
CFI
Financial Modelling courses offered by CFI are mentioned in the table below.
| Course Name | Fees | Duration |
|---|---|---|
| Financial Modeling and Valuation Using MS Excel | INR 37,000 | 100 hours |
| FMI Certification | INR 18,000 | NA |
| Certificate in Investment Banking and Research | INR 49,000 | 120+ hours |
EY
Financial Modeling courses offered by EY are listed in the table below.
| Course Name | Fees | Duration |
|---|---|---|
| Certificate in Financial Modelling and Valuation | INR 12,000 | 36 hours |
Udemy
Udemy is an online platform that offers different courses. Most of the time, there are offers going on, so the students can avail the courses at a very affordable price. Online Financial Modeling courses offered by Udemy are listed in the table below.
| Course Name | Fees | Duration |
|---|---|---|
| Beginner to Pro in Excel: Financial Modeling and Valuation | INR 3,499 | 20.5 hours |
| Company Valuation and Financial Modeling | INR 3,099 | 6 hours |
| Excel Crash Course: Master Excel for Financial Analysis | INR 3,099 | 3.5 hours |
| Financial Modeling for Startups and Small Businesses | INR 3,199 | 11.3 hours |
| Financial Analysis and Financial Modeling Using MS Excel | INR 3,499 | 10.5 hours |
| Excel Financial Modeling for Startups and Small Business A-Z | INR 2,799 | 11 hours |
Coursera
In Coursera, one can avail the courses in different time durations. Financial Modeling courses available online on Coursera are listed in the table below.
| Course Name | Fees | Duration |
|---|---|---|
| Business and Financial Modeling | INR 6,577 | 1 month |
| Finance and Quantitative Modeling for Analysts | INR 6,577 | 1 month |
| Fundamentals of Quantitative Modeling | INR 6,577 | 7 hours |
| Forecasting Financial Statements and Valuation for Accounts | INR 4,912 | 17 hours |
| Excel Skills for Business: Advanced | INR 8,159 | 26 hours |
| Advanced Valuation and Strategy-M&A, Private Equity, and Venture Capital | INR 2,414 | 16 hours |
IIM
Details like duration and fees for online Financial Modeling courses offered by IIM are mentioned in the table below.
| Course Name | Fees | Duration |
|---|---|---|
| Certified Financial Modeling Master Course | INR 39,900 | 3 months |
Free Financial Modelling Courses
Some of the platforms also offer free financial modeling courses online. Candidates can check some top financial modelling courses in the table below.
| Course Name | Offered by | Duration |
|---|---|---|
| Introduction to Financial Modeling | Udemy | 1 hour 18 minutes |
| Business and Financial Modeling Specialization | Coursera | 6 months |
| Financial Modeling Basics- Mini Course | Udemy | 39 minutes |
Financial Modelling Courses in India
Numerous institutes across India offer Financial Modeling courses. Some of the institutes offering the courses include IMS Proschool, Henry Harvin Finance Academy, CFI Education, Investment Banking Institute, etc. Institutes offering Financial Modeling courses in cities like Delhi, Pune, Kolkata, and Hyderabad are listed in the table below along with details like course name, fees, and location.
Delhi
Financial Modeling courses offered by various institutions located in Delhi are listed in the table below.
| Course Name | Offered by | Location | Fees |
|---|---|---|---|
| Financial Modeling Course in Delhi | IMS Proschool | Connaught Place, Pitampura, and Gurgaon | INR 1700+GST |
| Financial Modeling Course | Henry Harvin Finance Academy | Delhi | INR 29,500 |
| Financial Modeling and Valuation | CFI Education | New Delhi | INR 37,000 |
| Financial Modeling and Valuation | Investment Banking Institute | Delhi | INR 30,997 |
Pune
Financial Modelling Courses in Pune are offering courses in Financial Modeling. Details of the Financial Modeling courses offered are mentioned in the table below.
| Course Name | Offered by | Location | Fees |
|---|---|---|---|
| Financial Modeling Course in Pune | IMS Proschool | Pune Mumbai | INR 1700+GST |
| Financial Modeling Training Course | FINXL | Pune, Maharashtra | INR 20,000 |
| Financial Modeling Course | Mentor Me Careers | Pune | INR 16,499-59,999 |
Kolkata
Details about Financial Modeling courses offered in Kolkata are listed in the table below.
| Course Name | Offered by | Location | Fees |
|---|---|---|---|
| Financial Modeling Course | The Knowledge Academy | Kolkata | NA |
| Financial Modeling and Valuation Analyst | Henry Harvin Finance Academy | Kolkata | INR 29,500 |
| Financial Modeling Course | Quintedge | Kolkata | INR 22,000 |
Hyderabad
Various institutes in Hyderabad also offer Financial Modeling courses. Details of the offered courses are mentioned in the table below.
| Course Name | Offered by | Location | Fees |
|---|---|---|---|
| Financial Modeling Course in Hyderabad | IMS Proschool | Hyderabad | INR 1700+GST |
| Financial Modeling Training Course | FINXL | Hyderabad | INR 20,000 |
| Financial Modeling and Valuation Analyst | Henry Harvin Finance Academy | Hyderabad | INR 29,500 |
| Financial Modeling Course | NCFM Academy Hyderabad | Hyderabad | NA |
| Financial Modeling Course | The Knowledge Academy | Hyderabad | NA |
Financial Modelling Jobs and Salary
Financial Modeling is a must-have skill for finance professionals and is required by almost every business these days. After completing a Financial Modeling course, candidates will be offered plenty of job opportunities in the finance sector. Candidates can be offered various job profiles such as Equity Research Analyst, Mergers and Acquisition Associate, Investment Banking Associate, Junior Executive, and many more.
| Job Profile | Average Package |
|---|---|
| Equity Research Analyst | INR 7 - 10 LPA |
| Mergers and Acquisition Associate | INR 14 - 18 LPA |
| Investment Banking Associate | INR 11 LPA - 15 LPA |
| Financial Analysis and Planning Manager | INR 16 - 20 LPA |
Financial Modelling Courses: FAQs
Ques. What is a Financial Modeling Course?
Ans. Financial Modeling course is a widely recognized course that teaches candidates various decision-making scenarios like acquisitions and mergers, financing, organizational planning, budget planning, predicting, assets, and pricing.
Ques. What are the eligibility criteria for Financial Modeling Courses?
Ans. Eligibility criteria for the Financial Modeling course depends on the level of the course. For a UG Financial Modeling course, candidates must have cleared class 12th and for PG in Financial Modeling, candidates must have completed an undergraduate course from any recognized university. Some course providers offer certificate courses in Financial Modeling based on class 12th.
Ques. What are the career options after Financial Modeling Courses
Ans. After completing a course in Financial Modeling, candidates can work in the finance sector. Various job profiles offered after completing the Financial Modeling course include Finance Analyst, Portfolio Manager, Equity Research Analyst, Accountant, Associate Analyst, etc.
Ques. What are the main topics covered in Financial Modeling courses?
Ans. Financial Modeling course covers a wide range of topics related to business and finance industries. Some of the main topics covered in the Financial Modeling course include forecasting, budgeting, raising capital, cash flow statements, DCF model, etc.
Ques. What are the best financial modelling courses online?
Ans. Some of the best Financial Modeling courses online include Beginner to Pro in Excel: Financial Modeling and Valuation, Company Valuation and Financial Modeling, Excel Crash Course: Master Excel for Financial Analysis, Financial Modeling for Startups and Small Businesses, Excel Financial Modeling for Startups and Small Business A-Z, Financial Modeling and its Business Applications etc.
Ques. Is it beneficial to do a Financial Modeling course?
Ans. Yes, Financial Modeling is a good career option as the course teaches skills like valuation, forecasting, budgeting, etc. These skills are a must-have for any finance professional. Also, after completing the course, the salary package offered ranges from INR 7,42,500 to INR 16,50,000, depending on the job profile.
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