Best Financial Modeling Courses and Training

Financial modeling is a highly sought-after skill. Not only is it useful for finance-related jobs but also for people looking to switch careers, entrepreneurs, small business owners, individuals, etc. Financial Modeling is a fundamental skill to help build financial plans and to determine profitable ventures.

If you want to learn Financial Modeling at the comfort of your home or wherever you want, learning financial modeling online is the best way to go. As such, we selected several platforms that you can choose where you can take your financial modeling courses.

Learning Financial Modeling Online

It’s a new age where technology is rampant and critical to make a change. Not only does it provide us with great tools, but it also gives us the benefit of convenience and efficiency, which helps us save time, money, and other resources. Now, it is undeniable that Education is very important to ensure a better life in the present and the future, not only for oneself but also for the family. With the help of tools to connect across the globe and an almost bottomless pit of a library filled with knowledge that you can access whenever and wherever, getting an education has become much simpler and more convenient.

Age doesn’t matter at all. Whether you’re still a student, startup entrepreneur, office worker, CFO, CEO, etc., learning something new will always be beneficial. With the advantage of learning online, there’s nothing more convenient than that, especially when aiming to learn about financial modeling, a sought-after skill that you can apply not only for personal financing but also for many things such as:

  • Business decision-making
  • Fundraising
  • Valuation
  • Budgeting
  • Investing
  • Building Financial Models
  • Consulting
  • To start a Career

Other than financial modeling, there are many jobs or occupations that one can benefit from by learning finance-related skills. If you’re looking for jobs or occupations related to Finance and are limited to working at home or online, check out Finance vacancies available remotely at Jooble. You can choose the right job for you and, at the same time, take advantage of working remotely!

Sectors that use Financial Modeling

Financial Modeling is widely used in various sectors, such as the following:

  • Banks
  • Credit Rating Agencies
  • Project Finance
  • Corporate Finance
  • Private Equity
  • Corporate Development
  • Financial KPIs

List of Online Financial Modeling Courses and Training

Need some more financial modeling training? A financial modeling course online can be a good opportunity to improve your skills. We have collected below a list of financial modeling program packages where you can train your financial modeling skills.

Udemy – You name it, they have it! A Smorgasbord of Financial Modeling Courses

 Udemy is one of the best platforms that offer a variety of financial modeling courses. It is one of the go-to websites for students due to its low cost and tailored content. They provide lifetime access to course materials, a 30-day money-back guarantee, and the best for small business founders. The following courses are what we recommend:

1) Real Estate Financial Modeling Bootcamp

One cannot simply dabble in Real Estate without real estate financial modeling know-how. Hence, Real Estate Financial Modeling is one of the most highly sought-after skills. This course is just right for you as it offers a Complete A to Z Guide to Modeling Real Estate Transactions in Microsoft Excel for Smarter Real Estate Investing. With this course, you will learn the foundational analytical and financial modeling tools necessary to break into the real estate private equity industry and model deals.

2. Financial Statements Modeling 2020 Learn with a Professional

Learning the basics of financial modeling is guaranteed to help boost your know-how. This applies to financial statement modeling which is a key factor when analyzing a company through valuation methods. This course is just right as it teaches you all the needed technical skills for a career in finance as a financial analyst. With this course, you will learn how to build dynamic financial statements projection models from scratch while using real case studies, accounting, finance, and Excel skills.

3. Complete Financial Modeling for Project Finance in Excel

Project finance models are used to assess the risk-reward of lending to and investing in an infrastructure project. This course will help you learn how to build project finance models and valuation. It is also the same comprehensive financial training to prepare analysts and managers at financial institutions and infrastructure funds.

HoriZen Capital – Clean & Professional, learn from the best! Best Team for SaaS Businesses

HoriZen Capital is a platform led by a professional team with expertise in SaaS, Marketing, and Finance. To share what they do best, they created a step-by-step Financial Due Diligence Framework Course.

1. Financial Due Diligence Framework

This course is carefully designed to help auditors build up their skills in modeling a due diligence report. Enrolling in this Due Diligence Framework course will result in being able to analyze the P&L of any company and provide insightful reports. This course also utilizes the best practices from the Big 4 Accounting Firms. If you’re looking into a career change or improving your skills, enroll in this course now!

Wall Street Prep – Offering the Best Programs for Real Estate Ventures and Financial Modeling

Self-study online courses, boot camps, corporate training, On-campus training, etc., Wall Street Prep got it. They are one of the go-to platforms to look for training programs especially for investment banking, private equity, corporate financing, and financial modeling. Here are some of their best-rated courses in the Self-Study programs:

1. Master Financial and Valuation Modeling

Learn financial statement modeling, DCF, Trading, Transaction Comps, M&A, and LBO modeling by enrolling in this Financial & Valuation Modeling Premium Package. It is one of the best sellers in Wall Street Prep to train professionals and students pursuing a career in investment banking, private equity, corporate finance, or equity research.

2. Real Estate Financial Modeling

Enhance your real estate modeling skills and get certified with this Real Estate Financial Modeling program. This program is designed to help you be able to interpret real estate finance models from Multi-family, Office, Retail, and Industrial. You can learn at your own pace using the available resources included in the program. You will also have lifetime access and unlimited access to their Online Support Center. Enroll now and be an expert in real estate financial modeling.

Financial Edge Training – Training is the way to be the Best Financial Analyst

Financial Edge is one of the platforms that offer comprehensive modules and micro-degree programs. They are the go-to platform that is trusted by investment banks to train promising financial analysts. We recommend the following courses:

1. Investment Banker Program

The Investment Banker program is designed using the best practices to help train new hires of investment banks. It covers Accounting, Financial Modeling, Valuation, M&A, and LBO Analysis. What’s best is you get to interact with the course instructor as well as other professionals taking the course. This program is worth its cost and definitely a great program to start on.

Top 10 Financial Modeling Careers

Here are the Top 10 Financial Modeling Careers that you can pursue by mastering this skill:

  1. Investment Banking – Investment banking is a division of a bank that engages in advisory-based financial transactions on behalf of individuals, corporations, and governments. It is traditionally associated with corporate finance. Investment bankers often build financial models to value companies for mergers & acquisitions, capital raising, and advisory mandates.
  2. Equity Research – Careers in equity research such as equity research analysts and associates often spend their time using Excel, building financial models, performing a company analysis, and researching an industry. Their reports are usually sent to clients of the bank to determine if it’s worth investing in public security or not.
  3. Financial Planning and Analysis (FP&A) – The group responsible for making a forecast/projections of a company’s performance, actual comparisons, and monitoring cash flows. Common positions are named finance analysts, managers, and directors in FP&A departments which perform complex financial modeling and analysis to ensure the company is liquid and feasible.
  4. Corporate Development – These professionals usually handles mergers & acquisitions, divestitures, and capital raising for a company. In this career, it is required to have extremely good financial modeling skills. Though some rely on bankers to develop the models but in many cases, building the financial models from scratch or using a corporate template is often what they prefer.
  5. Private Equity – Careers in private equity are usually professionals with financial modeling skills. They usually build spreadsheets for a leveraged buyout (LBO) which requires complex capital structure modeling. Therefore, most of their time is spent on financial modeling compared to other financial modeling careers. The downside to this job is that it is less common to come by and requires one to have advanced financial modeling skills.
  6. Venture Capital – Venture capital is a type of Private Equity that is a form of financing provided by firms to small or startup companies that have high growth potential. In this type of financial modeling, the metric often focused on is the burn rate (the rate at which a company expends cash) in the short term.
  7. Commercial Banking – The need to create three statement models or discounted cash flow models is essential for professionals working in investment banking. Financial analysis is a great part of it, to see the ability of a company’s debt capacity, credit metrics, and covenants.
  8. Real Estate Development – If you’re planning to have a junior to a mid-level career with a developer, you will need solid financial modeling skills since you will need to build very detailed models to help calculate how profitable a real estate development project is.
  9. Mezzanine Finance – Hybrid of debt and equity financing that allows the lender to convert to an equity interest. Mezzanine lenders usually brought into a buyout to displace some of the capital that would usually be invested by an equity investor. Financial modeling is essential to determine the risk factor as well as to assess opportunities and deals via valuation models taking into account both debt and equity features of investments.
  10. Startups – Individuals planning to start a business or running a startup need operating models that serve as a tool to forecast the business’ revenue, expenses, and cash flows into the future. Financial modeling at a startup is usually assigned to either the founders, the CFO, or whoever handles the finance team.

Wherever you are from the world, from the U.S.A, U.K, Canada, Germany, Australia, Philippines, etc., it is never too late to start educating yourself about financial modeling. No need to travel across the world and get lectures from foreign financial modeling experts. Simply enroll in their online classes and get the chance to learn financial modeling whenever and wherever you prefer.

What you need to know about Learning Financial Modeling Online

You might have some doubts or questions regarding learning financial modeling online. Worries such as not having a live instructor or having close guidance. Though some of these online courses have a live instructor component, most of the online financial modeling courses offered are self-paced. This means you can view the materials given on your own schedule and you don’t have to worry about forcing yourself at fixed schedules. Another advantage is you can choose where you want to study. No more running late to classes due to “traffic”. You can start learning right away from the comfort of your own home while traveling, or wherever you prefer.

How Do Online Courses Work?

The online courses usually involve a mix of videos, Excel model templates, and other downloadable resources such as tests/exams, certification, reference materials. In some courses, you can also have one on one contact with the instructor.

Of course, you will be required to have some necessary know-how related to financial modeling. Especially general knowledge in accounting and then there’s basic Excel proficiency or other spreadsheet tools so that it will be easier to understand the courses/programs. You can also try to learn on your own by enrolling in accounting and Excel classes online first. Then, once you are adequately learned, you can proceed to enroll in financial modeling classes.

Is it Worth it to Enroll and Learn Financial Modeling Online?

No matter what your aim for learning financial modeling is, it is a fact that financial modeling is a very in-demand skill. The platform does matter; however, everything is made easier with technology, so why not take this chance to be more efficient and resourceful?

Time is also a big factor which not many people have. Simply being able to control your learning pace is a big advantage in itself. Time is Gold; hence, it is very beneficial to study whenever and wherever you are available.

It is highly recommended for entrepreneurs and startups since financial modeling is a big factor in determining whether a business is financially feasible and profitable. As for others, this opportunity can be used to further enhance their skills and build up more know-how in their field.

In conclusion, there is no such thing as a waste of time when it comes to learning. Enroll in online courses and start learning financial modeling.

How we chose the Online Courses for Financial Modeling

There are many available online courses for financial modeling from different platforms. However, we selected what we think is best according to the current demand from our User base as well as chose the courses from Trusted platforms. The programs offered above are currently available and welcome anyone interested in learning financial modeling online.

If you would like to add your program to this list, kindly contact us or you can also reach us at [email protected].