Financial Modeling training courses are all around the web and there has been lot written about learning Financial Modeling, however, most of the financial modeling courses are exactly the same. This goes beyond the usual gibberish and explore practical Financial Modeling as used by Investment Bankers and Research Analysts.In this Free Online Financial Modeling Training Course, I will take an example of Colgate Palmolive and will prepare a full integrated financial model from scratch.
What is Financial Modeling
Financial modeling is the task of building an abstract representation (a model) of a real world financial situation. This is a mathematical model designed to represent (a simplified version of) 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.
In simple terms, financial modeling means forecasting the future of the company or an asset by way of an Excel Model that is easy to understand and perform scenario analysis. In the context of our discussion here, we will discuss Financial Modeling with respect to the forecasting of the future financials of the company. This free financial modeling training course will help you forecast the financial statements of the company i.e. Income Statement, Balance Sheet and Cash Flows. The excel model is also known as an Integrated Financial Statements Model.
How to build a financial model?
Now that we know what Financial Modeling is, let us look at how a financial model is build from scrath. This detailed free financial modeling training course will provide you with a step by step guide to create a financial model. The primary approach taken in this financial modeling course is Modular. Modular approach essentially means that we build core statements like Income Statement, Balance Sheet and Cash Flows using different modules/schedules. The key focus is to prepare each statement step by step and connect all the supporting schedules to the core statements on completion. I can understand that this may not be clear as of now, however, you will realize that this is very easy as we move forward.
For more information related to this Free Financial Training Course you can visit to Website:- Free-Financial-Modeling-Training-Course
Article posted by:
Education Volunteers/ professionals/ Others