Financial Modelling Basics - Mini Course

🌟 The Ultimate Financial Modelling Mini Coursecourse with Piyush Arora, CFA, CAIA, MBA (Finance) 🌟

Course Description:

Dive into the world of finance and master the art of financial modelling with our comprehensive yet concise Financial Modelling Basics - Mini Coursecourse. This FREE learning journey is tailored for both beginners and professionals who wish to solidify their foundation in financial modelling or take their first step towards financial expertise.

Why Enrol?

• Expert-Led Learning: Learn from Piyush Arora, a seasoned finance professional with credentials including CFA, CAIA, and an MBA in Finance.
• Practical Skills: Gain hands-on experience in creating financial models that will serve as the backbone for your future financial analysis tasks.
• Real-World Application: Understand the nuances of modelling with practical examples and case studies that reflect real-world financial scenarios.

Course Highlights:

• 📊 Understanding the Ground Rules: Begin by setting up formatting rules and understanding the importance of structure in financial modelling to ensure clarity and accuracy.

• 🚀 Building Your First Model: Step-by-step guidance on how to initiate and structure your financial model, including best practices that will streamline your analytical process.

• 💸 Assumptions for Revenue Projections: Learn how to make educated assumptions about revenue projections that will inform the financial health of the business you are modelling.

• 🛠️ Direct Costs Assumptions: Explore methods to estimate direct costs and their impact on profitability, helping you create a more precise model.

• 🌾 Indirect Costs Assumptions: Understand the role of indirect costs in your financial model and how to effectively incorporate them into your analysis.

Course Structure:

1. Introduction to Financial Modelling: Get acquainted with the fundamentals, tools, and software used in financial modelling.

2. Setting Up Your Model: Learn about the initial steps of creating a financial model, including choosing the right Excel functions and formulas.

3. Assumptions in Financial Models: Gain insights into how to make realistic assumptions for revenue, costs, and cash flows that will drive your model.

4. Incorporating Financial Statements: Discover how to link your assumptions to financial statements like income statements, balance sheets, and cash flow statements.

5. Advanced Topics: A sneak peek into advanced topics such as valuation techniques, scenario analysis, sensitivity analysis, and more.

Who is this course for?

• Financial Analysts
• Investment Bankers
• Accountants
• MBA Students
• Entrepreneurs and Business Owners
• Anyone interested in learning the basics of financial modelling to make informed business decisions.

By completing this course, you will:

• Have a solid understanding of the components that make up a financial model.
• Be equipped with the skills to create your own financial models from scratch.
• Be prepared for advanced level courses in Financial Modelling.

Enrol now and embark on your journey to becoming a financial modelling expert! 🎓✨

🧬 Course Overview:

The online course in question offers foundational knowledge and practical skills in creating financial models within the context of business and accounting. The overall rating stands at a robust 4.29 out of 5, indicating that the course is highly regarded by learners. Recently, several reviews have provided valuable insights into both the strengths and areas for improvement within the course content.

Pros:

• Practical Application:

  • "the course was of a great handy I was able to understand and create my version of model simultaneously", highlighting that the course has a strong practical component, allowing students to apply what they learn in real-world scenarios.

• Clear Learning Objectives:

  • The course's focus on basic level guidelines is appreciated, ensuring that students with varying levels of expertise can understand and follow along.

• Engagement and Anticipation for More:

  • "I am definitely looking forward to learn more about financial model." indicates that the course has sparked curiosity and the desire for further learning among students.

• Specialized Application:

  • A student found the course helpful in creating a financial model tailored to the mining industry, suggesting its usefulness across different sector applications.

Cons:

• Assumed Knowledge Level:

  • Concerns were raised that the course assumes students have a strong grasp of Excel functions. This may create challenges for beginners who would otherwise benefit from more foundational instruction on Excel tools, like "grouping," and functions.

• Pacing and Accessibility:

  • The pace at which content is delivered is generally good; however, it was suggested that English subtitles could enhance understanding especially for non-native speakers, or those watching without sound.

• Clarity in Instruction:

  • Some found the explanation of formulas to be unclear and recommended more detailed explanations and a clearer voice. Additionally, there is a request for the inclusion of more advanced topics to cater to the needs of students who seek a deeper understanding.

• Comprehension of Accounting Terms:

  • A review pointed out an error where indirect costs were incorrectly labeled as fixed costs, indicating that some course content may require closer scrutiny and clarification.

General Feedback:

Overall, the course is recognized for providing valuable insights into financial modeling, with a good mix of theoretical concepts and practical exercises to apply them. While there are areas where instruction can be improved for clarity and inclusivity, the feedback overall is positive, reflecting a course that fulfills its educational promise but also indicates room for growth and enhancement.

In summary, this course is highly recommended for those interested in financial modeling with a solid foundation in Excel. It offers practical value and engages students in learning more, with the understanding that some adjustments would make it even more accessible and instructionally effective.