Financial Modelling in Excel  Short Courses

This Financial Modelling in Excel short course is an introduction to financial modelling for those who are new to the subject.

Learn the practical skills needed to construct robust financial models that can be used for business planning and evaluation. Students learn best practice design principles required for building flexible models using a range of excel techniques and functions which are applied when building a detailed financial model case study from scratch.

The Financial Modelling course assumes a sound understanding of the structure and composition of financial statements, specifically income statements, balance sheets and cash flow statements. Additionally, a good working knowledge of Excel up to using Excel functions is required. This course has specific eligibility requirements listed below.

Why Choose a City Short Course?

The Financial Modelling in Excel short course provides the perfect introduction to anyone looking to develop their skills in constructing robust financial models.

Delivered over the course of 10 weekly classes by expert tutors, participants will achieve a sound understanding of financial planning and evaluation through a variety of Excel techniques.

Course Information

Start DateStart TimeDurationCostCourse CodeApply
Monday 2 October 2017 18:30 - 20:30 10 weekly classes £560.00 CS2564 Apply Now
Wednesday 4 October 2017 18:30 - 20:30 10 weekly classes £560.00 CS2564 Apply Now
Wednesday 17 January 2018 18:30 - 20:30 10 weekly classes £560.00 CS2564 Apply Now
Wednesday 2 May 2018 18:30 - 20:30 10 weekly classes £560.00 CS2564 Apply Now

Tutor Info

Tony Pamphilon has many years' experience of teaching and managing in colleges and universities, in the UK and overseas.

His particular interest is in developing and delivering computer-based accounting courses. He has managed large departments and taught both undergraduate and postgraduate programmes.

He currently works as a freelance lecturer and consultant and teaches a wide range of accounting subjects at City, University of London, London Metropolitan University and Birkbeck, University of London.

Eligibility

This evening course assumes a sound understanding of the structure and composition of financial statements, specifically the Income Statement, Balance Sheet and Cash Flow Statements.

In addition, a good working knowledge of Excel up to using Excel functions is required. At commencement of the course students are expected to be able to:

  • Create and move between worksheets
  • Improve and modify general layout using different fonts and colours
  • Delete, clear, copy and paste cells
  • Build formulas with and without Autosum
  • Understand the difference between relative, absolute and mixed cell references
  • Build IF statements
  • Construct graphs

Please note that the software and operating system used is Excel for Windows and is not suitable for Excel for Mac.

English Requirements

Applicants must be proficient in spoken and written English.

What will I learn?

  • Excel hints, techniques and tips in a financial context
  • Keyboard shortcuts
  • Best Practice techniques for financial modelling
  • How to establish suitable driver based models for forecasting
  • Modelling Income Statements, Balance Sheets and Statements of Cash flow
  • Sensitivity Analysis
  • Ways to minimize errors
  • Advanced modelling techniques

By the end of the Financial Modelling in Excel course, you will be able to:

Use best practice modelling principles to design and build robust financial models

Course Outline

The first four weeks of the course cover the necessary groundwork, design principles and functions required to build robust models.

In weeks 5 - 9 these design techniques are put into practice by building a detailed financial model from scratch based on a fictitious retail based case study.

The course concludes with a review of further advanced excel techniques including sensitivity analysis.

Scheme of Work

Week 1Keyboard shortcuts, styles and custom formatting
Week 2Financial modelling best practice
Week 3Modelling techniques including summing across sheets, "IF" statements, VLOOKUPs, INDEX & MATCH and conditional formatting
Week 4Drivers; key items which drive financial models
Week 5Start case study: Income Statement – annual projections
Week 6Case study continued: Income Statement – monthly projections
Week 7Case study continued: Income Statement – finalise and complete
Week 8Case study continued: Balance Sheet
Week 9Case study continued: Cash Flow Statement and complete the model plus a brief look at Macros
Week 10Advanced Techniques and course round up

Recommended Reading

Currently there are no books available that cover the entire syllabus  or could be categorized as ‘strongly recommended’. However, the following may provide useful background reading:

*The Economist Guide to Business Modelling (John Tennent & Graham Friend)
*Practical Financial Modelling (Jonathan Swan)
*Accounting and Finance for Non-Specialists (Peter Atrill & Eddie McLaney)

Application Deadline: