Financial Modeling with MS Excel Training

Financial modeling is the task of building an abstract representation of a real world financial situation. This is a mathematical model designed to represent the performance of a financial asset or portfolio of a business, project, or any other investment.

Financial modeling is a general term that means different things to different users the reference usually relates either to accounting and corporate finance applications, or to quantitative finance applications.

While there has been some debate in the industry as to the nature of financial modeling—whether it is a tradecraft, such as welding, or a science—the task of financial modeling has been gaining acceptance and rigor over the years.

Typically, financial modeling is understood to mean an exercise in either asset pricing or corporate finance, of a quantitative nature. In other words, financial modelling is about translating a set of hypotheses about the behavior of markets or agents into numerical predictions for example, a firm's decisions about investments

Course Content:

• Spreadsheet modelling techniques
• Microsoft Excel functions and methods useful for modeling
• Automating your model with macros
• Protecting your model from undesired changes
• Output presentation (tips for effective reporting of results)
• The importance of documentation
• Spreadsheet model multimedia
• Basic structure (separation of data from processing & output)
• Cell referenced formulas (no hard coding of data)
• Modularisation (break a complex model into simple bits)
• Prototype development and refinement
• Sensitivity analysis
• Troubleshooting and debugging
• Reasonability testing (common sense)
• Named cell ranges
• Lookup functions
• Conditional functions (IF, COUNTIF, SUMIF)
• Financial functions (IRR, NPV)
• Formula nesting (pros and cons)
• Autofilters
• Advanced filters
• Goal seeking
• Conditional formatting
• Navigation buttons
• Pros and cons
• Setting the macro security level
• Recording and running simple macros
• The Visual Basic editor
• Modifying a recorded macro for general use.
• Model structure
• Locking cells
• Worksheet and workbook protection
• Password protection
• Cross checks and error reports
• Data validation
• Adding sound to your model
• Providing video with your model
• Make your model talk