Training Course on Advanced Financial Modeling with Excel

Course Overview

This comprehensive training course is designed to equip participants with essential skills in financial modeling using Microsoft Excel. Financial modeling is a crucial skill for finance professionals, analysts, and decision-makers, enabling them to make informed and strategic business decisions. Throughout the course, participants will gain hands-on experience in building financial models, analyzing data, and creating insightful reports.

Course Duration: 10 days

Course Outline

Module 1: Introduction to Financial Modeling

1.1 Overview of Financial Modeling

• Definition and importance
• Applications in various industries

1.2 Key Concepts

• Time value of money
• Risk and return
• Financial statements and ratios

Module 2: Excel Basics for Financial Modeling

2.1 Review of Basic Excel Functions

• Formulas and functions
• Cell referencing
• Data validation

2.2 Advanced Excel Features

• Named ranges
• Data tables and scenarios
• Goal Seek and Solver

Module 3: Building Financial Statements

3.1 Income Statement Modeling

• Revenue projections
• Expense forecasting
• Depreciation and amortization

3.2 Balance Sheet Modeling

• Asset, liability, and equity forecasting
• Working capital management

3.3 Cash Flow Statement Modeling

• Operating, investing, and financing activities
• Free cash flow calculations

Module 4: Advanced Excel Tools for Analysis

4.1 Sensitivity Analysis

• Scenario analysis
• Data tables for sensitivity

4.2 Monte Carlo Simulation

• Introduction to simulation
• Building simulations in Excel

Module 5: Valuation Techniques

5.1 Discounted Cash Flow (DCF) Modeling

• Estimating cash flows
• Determining discount rates
• Terminal value calculations

5.2 Comparable Company Analysis (CCA)

• Identifying comparable companies
• Analyzing valuation multiples

Module 6: Financial Model Audit and Error Checking

6.1 Best Practices for Model Design

• Modularity and flexibility
• Documenting assumptions and formulas

6.2 Model Auditing Techniques

• Error-checking and validation
• Debugging and troubleshooting

Module 7: Automation with Macros and VBA

7.1 Introduction to Macros

• Basic recording and execution

7.2 VBA (Visual Basic for Applications) Fundamentals

• Variables, loops, and conditions
• Creating custom functions

7.3 Automation in Financial Modeling

• Streamlining repetitive tasks
• Building interactive dashboards

Module 8: Real-life Case Studies and Projects

8.1 Industry-specific Applications

• Finance, real estate, technology, etc.

8.2 Group Projects

• Applying learned concepts to real-world scenarios
• Peer review and feedback

Note: This outline provides a general structure for a 10-day training program on Advanced Financial Modeling with Excel. The specific content, activities, and duration of each session may be adjusted based on the target audience, learning objectives, and available time.