In order to understand what is entailed in a financial modelling masterclass, it’s important to understand what financial modelling is. Financial modelling is the process of building a mathematical model designed to represent a real-world financial situation. Read more about this in our article What is Financial Modelling?
Those that have already mastered Excel and are wanting to push themselves further may want to participate in a financial modelling masterclass. The benefits of these classes are huge and those up for a challenge should really find value. Benefits include being able to build, manage, manipulate and report on successful financial models which in turn may lead to greater career opportunities, making better business decisions or simply being able to offer better financial modelling consulting services to clients.
Usually, a financial modelling masterclass is structured in a way that promotes interaction between delegates so that a practical, real-world understanding of how to use models most effectively is ingrained. Important elements usually covered include spreadsheet engineering, Visual Basic, recording and writing macros, corporate financial models, identifying modelling faults, building a complex model, the creation of the input sheet, necessary support schedules, detailed analysis of results, the protection of the completed model as well as various forecasting techniques used. In most cases, this is often split into 3 different modules and taught over 5 or so days.
The outcomes include being able to correct a poorly structured model as well as build a complex model from first principals as well as being able to advise senior executives on the correct course of action to take based on the financial model’s results.
Delegates who usually attend this course include Financial Managers, CFO’s, Financial Analysts, Financial Officers and Financial Advisors.
If you would like to know more about other financial modelling course, take a look at Which Financial Modelling Course is best for You as well as The Benefits of completing a Financial Modelling course.
Established in 1998 Goalfix Financial Modellers has grown into a highly specialized firm of financial modellers and model trainers. To learn more about financial modelling services or financial modelling courses offered contact Goalfix today.