8 Best Financial Modeling Courses, Certification (December 2022)

  • Post last modified:29 September 2022
  • Reading time:31 mins read

“Financial modelling 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.” Hence it is basically a better representation of the summary of a company’s earnings and expenses that will be used for effective managerial decision-making in the future.

Financial Modelling includes the best practices that help in the smooth functioning of an organisation and these exercises have developed and advanced with time to provide as accurate results as possible. Thereupon we’ve covered a list of the best financial modelling courses and certifications on the internet to get you started in this domain.


Best Financial Modeling Courses, Certification, Tutorials, Classes

Business and Financial Modelling Certification [Coursera]

This Coursera financial modelling certification throws light on how to build a business and financial models. It stresses the use of spreadsheet models to make data-driven financial decisions. You can create your own quantitative models and harness the power of spreadsheets to map and predict data. Also, understand the measurement and management of risk while structuring your decision-making for optimum results.

This Coursera financial modelling tutorial is taken by the faculty of The Wharton School which includes professor of statistics, Richard Waterman, associate professor of operations, Sergei Savin, professor of accounting, Richard Lambert, managing director, Don Huesman, associate professor of operations, Senthil Veeraraghavan, and accounting professor, Robert Haulthausen.

Key Highlights & USPs

  • Build quantitative models, and understand the fundamentals of this critical, foundational, business skill with a series of short lectures, demonstrations, and assignments with which you will learn the key ideas and process of quantitative modelling.

  • Introduction to basic spreadsheet tools and formulas for using the power of spreadsheets to map the data you have now and to predict the data you may have in the future. Learn how to use Excel or Sheets and build models and decision trees. 

  • Learn the methods for creating predictive models for identifying optimal choices and how those choices change in response to changes in the model’s assumptions.

  • Know how to use quantitative models to transform data into better business decisions and how to use models to facilitate decision-making and structure decision-making for optimum results.

  • Implement quantitative models in spreadsheets to identify the best opportunities for success and minimize risk. With your decision-making skills, structure a decision and present this course of action in a professional-quality PowerPoint presentation.

  • Get instant access to this 100% online and beginner-friendly course. Set and maintain flexible deadlines to complete it at your own pace and earn a shareable certificate upon completion. 

Who is it for?

This Coursera online financial modelling class is for anyone willing to make informed business and financial decisions. It will be a good fit for students wanting to learn about spreadsheet models, modelling techniques, and common applications for investment analysis, company valuation, forecasting, and more. When you complete the specialization, you’ll be ready to use your own data to describe realities, build scenarios, and predict performance.

Rating: 4.7/5
Students Enrolled: 69,088
Duration: 6 months, 2 hours/week

Become a Certified Financial Modeling & Valuation Analyst (FMVA)® [Corporate Finance Institute]

This corporate finance institute financial modelling class will help you master financial modelling and improve your proficiency across the entire accounting and finance universe. This program will teach you the essential skills required to perform practical financial analysis.

This corporate finance institute financial modelling course is offered by industry experts from CFI like Tim Vipond, chair of board CFI education, Scott Powell, co-founder and chief content officer, Duncan McKeen, executive vice president, and Jeff Schmidt, vice president.

Key Highlights & USPs

  • Take 7 optional prep courses to learn or review the fundamentals. It provides all the skills, tools, and techniques required to become a world-class financial professional.

  • Complete 11 core courses to build a strong foundation in financial modelling and valuation.

  • Choose a minimum of 3 electives (out of 19 available) to explore more advanced topics and specialized subjects.

  • After completing the required courses, take the FMVA® final exam (with a minimum passing grade of 70%) to earn your program certification and test your knowledge.

  • Learn the best way to structure your models to instil confidence in the stakeholders involved in the decision-making process.

  • Study financial modelling skills, streamline a budgeting and forecasting process, or improve competency levels across the entire accounting and finance spectrum.

Who is it for?

This corporate finance institute financial modelling course is for anyone wanting to learn financial modelling from the basics or improve existing skills. It is a vast program for students willing to cover a variety of topics.

Rating: 4.7/5
Students Enrolled: 24,682
Duration: 3 months, 12 hours/week

Top Financial Modelling Courses [Udemy]

These udemy financial modelling certifications will take you through building a complete DCF valuation model, financial modelling for analysts, consultants and startups, real estate pro forma modelling, forecasting and fundamental analysis, renewable energy financial modelling and so much more.

These udemy online financial modelling courses are taken by professionals and industry experts like Luis Romero, Devang Maheshwari, Michael Ng, 365 careers and Lucas Duldinger along with others.

Key Highlights & USPs

  • Master Microsoft Excel and many of its advanced features. Carry out regular tasks faster than ever before while designing professional and good-looking advanced charts.

  • Become a proficient user and work with Excel functions, pivot tables, visualizations, and advanced features. Further, build P&L statements from a raw data extraction. 

  • Know how to create professional and good-looking advanced charts. Be able to build a Valuation model from scratch and know how to create a model with multiple scenarios.

  • Understand the main challenges in financial modelling and estimate the value of your business.

  •  Be able to write down your business model in the form of an Excel model and draw conclusions out of it. You will know what KPI you should look at and what are the various benchmarks. 

  • Set well priorities for value-creating activities and get insight into the business model of different e-commerce companies. 

Who is it for?

These top udemy financial modelling courses are meant for students who want to become proficient in t financial modelling but have little to no experience in Finance and/or EXCEL, who want to learn financial modelling from instructors who have relevant industry experience and who understand the concepts and knows what is relevant in practice.

Rating: 4.7/5
Duration: Self-paced

Beginner to Pro in Excel: Financial Modeling and Valuation [Udemy]

This udemy financial modelling course would allow you to walk into a job and be a rockstar from day one! Learn the subtleties of Financial Modeling from someone who has walked the same path and beat the learning curve while you stand out from your colleagues with this course today.

This udemy financial modelling class is offered by 365 careers which is the #1 best-selling provider of business, finance, and data science courses on the platform. The company’s courses have been taken by more than 1,900,000 students in 210 countries. People working at world-class firms like Apple, PayPal, and Citibank have also completed 365 Careers training.

Key Highlights & USPs

  • Become an Excel expert and learn how to build sound financial models in Excel.  Gain an in-depth understanding of the mechanics of company valuation.

  • Learn how to create professionally formatted files and demonstrate superior Excel skills at work. Be prepared from day one when you start in Investment Banking, Financial Advisory, Corporate Finance, or Consulting. 

  • Master Microsoft Excel and many of its advanced features, become one of the top Excel users in your team and carry out regular tasks faster than ever before.

  • Build P&L statements from raw data extraction, acquire financial modelling skills, discover how to value a company, and build valuation models from scratch. 

  • Create models with multiple scenarios and design professional and good-looking advanced charts. 

  • Become a proficient user able to work with Excel functions, pivot tables, visualizations, and advanced features.

  • Get full lifetime access to 15 hours of on-demand video, 9 articles, 621 downloadable resources, assignments and a certificate of completion.

Who is it for?

This udemy financial modelling course is a bestseller for graduate students who aspire to become investment bankers, financial advisory professionals, consultants etc. And for business and finance practitioners who are eager to improve their Excel and Financial Modeling skills.

Rating: 4.6/5
Students Enrolled: 42,126
Duration: 15 hours

Excel Skills for Business Certification [Coursera]

This Coursera financial modelling certification will help you learn Excel Skills for Business. Master Excel to add a highly valuable asset to your employability portfolio and become comfortable navigating the Excel user interface, entering, manipulating and formatting data.

This Coursera financial modelling class is taken by the faculty of Macquarie University, Nicky Bull, lecturer and lead content designer, Dr Prashan S. M. Karunaratne, senior lecturer and professor and Yvonne Breyer, deputy dean.

Key Highlights & USPs

  • Learn the essentials of Microsoft Excel. Within six weeks, you will be able to expertly navigate the Excel user interface, perform basic calculations with formulas and functions, professionally format spreadsheets, and create visualizations of data through charts and graphs.

  • Learning to confidently operate this software means adding a highly valuable asset to your employability portfolio.

  • Build on the strong foundations of the first three courses: Essentials, Intermediate I + II.  In the Advanced course, we will prepare you to become a power user of Excel – this is your last step before specializing at a professional level.

  • Learners can design sophisticated spreadsheets, including professional dashboards, and perform complex calculations using advanced Excel features and techniques. Learners will acquire the skills to manage large datasets efficiently, extract meaningful information from datasets, present data and extract information effectively.

  • Get instant access to this beginner-friendly 100% online course that you can start and complete on your own flexible schedule. Earn a certificate upon completion.

Who is it for?

This Coursera financial modelling class is a specialization intended for anyone who seeks to develop one of the most critical and fundamental digital skills today. This provides learners with countless opportunities to practice their Excel skills while discovering new and useful productivity features of the software for a variety of business contexts.

Rating: 4.6/5
Students Enrolled: 4,16,713
Duration: 6 months, 5 hours/week

Financial Modelling for Startups & Small Businesses [Udemy]

Pick up the best practices for building practical financial models and forecasts for your startup business with this online udemy financial modelling tutorial. Build financial models for your startup business and forecast cash needs for your startup business.

This udemy financial modelling class is taught by two instructors. First is Evan Kimbrell, who is currently the Founder and Director of Sprintkick, a full-service, referral-only digital agency based out of San Francisco. Our second mentor is Symon He, the author of the Rental Property Investing QuickStart Guide, Amazon best-seller Real Estate Investing QuickStart Guide, and the co-author of Airbnb for Dummies, all available now on Amazon and in bookstores throughout North America.The IBM Data Analyst professional course from Rav Ahuja (IBM Global Program Director)

Key Highlights & USPs

  • Covers Model user growth, model revenue, model expenses, and model attrition.
  • Model various different business models, from tech to brick & mortar and use the best practices for financial modelling. Also, forecast cash needs for your startup business. 
  • This course is all about financial modelling for startup businesses so it’s more geared towards entrepreneurs or business owners who want to better understand the key drivers of a new business.
  • Focus more on the rationale and the logic of modelling specifically for startups or growing businesses, so you can take what you learn to other spreadsheet tools.  
  •  Have an end in mind. Find the answer to why taking more steps in building out your model to make things clear is better than being clever with your financial models. 
  • let’s dive in on how we can better understand startup costs and expenses. 
  • Get full lifetime access to 11.5 hours of on-demand video on mobile and TV, 13 articles, 92 downloadable resources and a certificate of completion. 

Who is it for?

This udemy financial modelling course is for someone who wants to understand how to create a financial model for a startup business, who wants to start a new business, and who wants to leverage financial modelling to make better business decisions. It is for people who want to better analyze business opportunities, are interested in doing a startup and plan on raising VC funding. It is also for students interested in starting a brick & mortar business.

Rating: 4.2/5
Students Enrolled: 62,644
Duration: 12 hours

Build Financial Models and Value Companies the Easy Way [Udemy]

Thus udemy financial modelling course is offered by Chris HarounChris Haroun is the CEO and Founder of the 300+ hour online Haroun MBA Degree Program®. He has sold more than 1,500,000 of his online business & self-improvement courses in 12 languages in 196 countries.

Key Highlights & USPs

  • Introduction to modelling and valuation in an extremely easy way.

  • Know where we find the inputs or data for our model and make inputs for the model.

  • 3 different easy ways for valuation with bonus materials.

  • Learn the easiest ways to create and understand financial modelling and valuation methodologies based on the instructor’s 20+ years of valuation and modelling experience as a hedge fund investor at Citadel and other companies.

  • Get full lifetime access to 44 minutes of on-demand video on mobile and TV, 2 articles and a certificate of completion. 

Who is it for?

This udemy financial modelling class is for anyone interested in modelling and valuing companies with ease. It covers everything you need about the subject matter to learn concepts easily.

Rating: 3.7/5
Students Enrolled: 11,071
Duration: 1 hour

Valuation and Financial Analysis for Startups by Yonsei University [Coursera]

This Coursera financial modelling course will help you master Practical Startup valuation methods, estimate startup value, understand financial statements, and make sound investment decisions.

The instructors of this Coursera financial modelling class are Hyun Han Shin, professor and Saeyeul Park, assistant professor from Yonsei University. Yonsei University was established in 1885 and is the oldest private university in Korea. Yonsei is proud of its history and reputation as a leading institution of higher education and research in Asia.

Key Highlights & USPs

  • Learn how to use excel to find the present value of future cash flows with how to find future value given investment; interest rate given investment and future cash flows, payments given interest rates, number of periods to wait given investment and interest rate, and so on. 

  • Understand the concept and usage of PER, PBR and PSR along with how to make an estimate of enterprise value and founder’s ownership before and after additional funding. 

  • Use financial ratios such as profitability, liquidity, leverage, efficiency, and growth, and determine the financial health of a startup.

  • Learn investment decision criteria such as NPV and IRR, which are the most popular decision rules. Using financial analysis and discounted cash flow method, you can make pro forma financial statements and estimate project cash flows.

  • Get ready to make an estimate of firm value by discounting its cash flows in the future.

  • Get instant access to this 100% online course, start at your own schedule and set and maintain your own deadlines. Earn a certificate upon completion. 

Who is it for?

This Coursera financial modeling class is a specialized course for students willing to learn valuation and financial analysis for startups. It covers the most important aspects needed to make crucial organizational decisions.

Rating: 4.7/5
Students Enrolled: 9,003
Duration: 6 months, 2 hours/week

FAQ

Is financial modelling difficult?

Financial Modelling can get difficult and pretty hard to grasp without proper training. There is a lot to cover and it might not be manageable for someone trying to get ahold of the subject on their own and for the first time.

So this is where professional help comes into play. Institutional and online courses provide a set syllabus which gives you a sense of control. Moreover, these courses have professional teaching on the matter which makes it easy to understand.

Is financial modelling a good career?

Financial modelling is indeed a great career choice in today’s competitive job market because people are not completely aware of this option, yet it is a need of every business.

The courses that can be taken in this discipline provide a deep insight into what it is like working in this industry. Financial modelling has many segments under itself which also are of great help when you are seeking more options or specialisations under an umbrella career choice.

What are the topics in financial modelling?

Financial modelling is composed mainly on the concepts of accounting, finance, valuation, mathematics, logical reasoning and MS Excel. It is a hybrid of these themes and topics, the collective use of which gives us a financial model used by companies for making future predictions and decisions.

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