Future prediction is a talent, which is claimed by many, yet truly achieved by only a few. But what if there’s a surer way to predict a company’s future? That’s where financial modelling comes into the picture.
Financial modelling is all about predicting a company’s future by crunching numbers from its past – all on a spreadsheet. And companies know that getting this right can make or break their next big decision, so they’re always on the hunt for top-notch financial analysts. No surprise, then, that the demand for these pros is set to jump by 9% from 2023 to 2033.
So, how can you become one? By opting for a financial modelling course! This course will teach you everything, from how to prepare accurate financial models to developing the required analytical and critical thinking skills. In this blog, we are offering a course overview of financial modelling, course duration and the skills required to become one.
A quick overview of financial modelling course
Financial modelling uses past data to forecast a company’s future performance. It is important because financial modelling can help a business be cautious when it is about to make a crucial business decision.
A financial modelling course teaches how to create accurate financial models, covering everything from cash flow analysis to advanced Excel hacks and model design. You can jump into it at the UG or PG level, or even opt for a diploma. Once certified, doors open across fields like accounting, finance, banking, and management. It’s a direct ticket to in-demand roles.
Why take a financial modelling course?
If you’re wondering why to take up a financial modelling course, here’s why:
- Practical skills and knowledge: Once you enrol in a financial modelling course, you learn how financing works in the real world. From core concepts to understanding how businesses structure their finances, you will learn everything.
- Better career opportunities: Completing this course will boost your career opportunities. You can explore many finance-related roles, such as investment banker, financial analyst, and corporate finance manager, which demand strong modelling skills.
- Opportunity to learn from the best: Most financial modelling courses are taught by industry experts who bring years of valuable experience to the classroom. Their extensive experience in finance provides invaluable tips and improves your learning.
Course structure and content outline
Depending upon the program, the syllabus of financial modelling courses can vary. However, a standard financial modelling course must cover the following:
- Corporate finance
- Index fund construction
- Financial market
- Portfolio management
- Dividend policy
- Risk assessment in the equity market
- Financial ratios
- Financial statement analysis
- Efficient market hypothesis
- Construction of corporate governance index
Financial modelling course requirements
The eligibility criteria for UG financial modelling courses:
- Completed 10+2 from a reputed institute
- Scored at least 50% in board examinations
- Major subjects in 10+2 must include mathematics and accounting
The eligibility criteria for PG financial modelling courses:
- A bachelor’s degree from a reputed college or university
- At least 50% in UG examinations.
- Additionally, a few institutions also conduct admission tests, which the candidate must pass.
Who can apply to a financial modelling course?
Wondering if financial modelling courses are for graduates and postgraduates alone? You’d be surprised to learn that the eligibility for financial modelling courses goes beyond fresh college graduates to include –
- CA final students who want to build a career in finance
- CAs not interested in traditional accounting roles
- MBA Finance and engineering students
- Women re-entering the workforce
- Anyone motivated to make a career in corporate finance, investment banking and equity research
Financial modelling course duration
The duration of a financial modelling program can vary, but most are structured to be completed within 3 to 12 months, depending on the depth of the content and the institution. Some intensive programs might be shorter, around 6-8 weeks if they’re full-time, while part-time options are available for those who need a more flexible schedule, often extending to around 6 months.
Wrapping up: Is a financial modelling course worth it?
We understand that becoming a financial modelling expert can be challenging, owing to the complexity of the topics and a vast syllabus. It not only calls for many all-nighters to complete your assignments but also a disciplined mindset to follow through a study schedule. But the result that comes after this course, your dream job with an attractive pay package, is enough of a reward in itself.
Enroll in a financial modelling course today, for a spectacular future tomorrow!
FAQs
- Why should I opt for a financial modelling course?
A financial modelling course equips you with the key skills to analyse financial data with confidence. It sharpens your analytical abilities, boosts your career prospects, and opens doors to high-impact roles in finance, banking, investments, and beyond.
- Will I learn any software tools during my course?
Most of the financial modelling courses mostly focus on Microsoft Excel. However, some courses also cover other software tools like Python, Tableau, or VBA.
- Can I pursue jobs in fields other than finance after a financial modelling course?
Yes, absolutely! You can pursue jobs in other industries too. Sectors like consulting, healthcare, and manufacturing value financial modelling skills and they help in strategic planning and quick decision-making.
