EXCEL MODELLING FUNDAMENTALS
Available Dates & Locations
COURSE OVERVIEW
This course aims to equip participants with the knowledge and skills necessary to build effective financial models using Excel. You will learn how to utilize advanced Excel functions and financial forecasting techniques to analyze financial data and make informed decisions. Through this course, you will explore best practices in constructing forecasted financial statements, including balance sheets, income statements, and cash flow statements. Additionally, you will gain an in-depth understanding of how to use Monte Carlo Simulation for risk assessment and dealing with uncertainty in financial models. You will also learn advanced Excel techniques such as using arrays and the OFFSET function to create dynamic ranges, as well as how to build interactive interfaces using drop-down menus. Finally, the course will address the risks of relying solely on IRR as an investment appraisal metric and provide alternative solutions to mitigate these risks.
COURSE OBJECTIVES
By completely attending this course, participants will be able to:
- Construct comprehensive financial models utilizing Excel functions.
- Apply best practices to develop accurate forecasted financial statements.
- Implement Monte Carlo Simulation for risk assessment and analysis.
- Utilize advanced Excel techniques, including arrays and offset functions.
- Demonstrate the importance of considering multiple metrics beyond IRR for investment appraisal.
- Create dynamic models with the use of match functions and drop-down menus.
- Interpret and analyze financial data effectively to inform strategic decision-making.
TARGET COMPETENCIES
- Financial Modeling
- Excel Functions
- Forecasting Techniques
- Monte Carlo Simulation
- Data Analysis
- Risk Assessment
This course is ideal for financial analysts, accountants, finance managers, and business professionals seeking to enhance their financial modeling skills and Excel proficiency for more accurate forecasting and decision-making.
The course will be delivered through a combination of instructor-led presentations, hands-on exercises, and interactive discussions, ensuring active engagement and practical skill acquisition.
