Financial Modeling for Business Analysts

I. Introduction

Financial modeling is a crucial skill for business analysts, enabling them to translate financial data into insights that inform strategic decision-making. This course equips you with the practical skills to build robust financial models using Excel, analyze financial performance, and communicate financial results effectively.

II. Course Objectives:

Gain a solid understanding of the three core financial statements: Income Statement, Balance Sheet, and Cash Flow Statement.

Develop proficiency in building dynamic and interlinked financial models using Excel functions, formulas, and best practices.

Learn techniques for forecasting revenue, expenses, and cash flows to assess future financial performance.

Perform scenario and sensitivity analysis to evaluate financial risks and opportunities under different conditions.

Communicate financial model outputs and insights clearly and concisely to stakeholders.

III. Course Highlights:

Financial Statement Fundamentals:

Demystify financial statements and understand key financial ratios and metrics.

Learn to analyze financial health and performance based on historical data.

Building Financial Models in Excel:

Master essential Excel functions and formulas used in financial modeling.

Build a three-statement financial model from scratch, incorporating best practices for structure and documentation.

Learn advanced techniques for incorporating growth assumptions, depreciation schedules, and debt schedules.

Forecasting and Scenario Analysis:

Develop robust forecasting techniques for revenue, expenses, and cash flows.

Conduct scenario analysis to assess the impact of different market conditions and strategic decisions on financial performance.

Effective Communication:

Learn best practices for presenting financial model outputs and insights in a clear, concise, and compelling manner.

Develop effective communication strategies to engage technical and non-technical audiences.

Ethical Considerations:

Understand the ethical implications of financial modeling, including data integrity, bias, and transparency.

IV. Target Audience:

This course is designed for business analysts, aspiring analysts, and other professionals who want to develop practical financial modeling skills. It is particularly beneficial for:

• Business analysts seeking to enhance their financial acumen and support strategic decision-making.
• Finance professionals looking to strengthen their financial modeling skills and build robust financial models.
• Project managers and other professionals who need to understand financial implications and perform basic financial analysis.