
Learn standard best-practice financial modeling and how to build a model from scratch using a structured inputs, workings, and outputs approach, with range names and quality-control audit checks.
Master financial modelling by combining finance, accounting, and Excel to build robust project-finance models; learn how definitions vary, align with regulators, and prepare spreadsheets for investment decisions.
Use discounted cash flow to compare base and expansion oil projects, evaluating revenue, capex, taxes, depreciation, and debt versus equity in an SPV, with outputs-first modeling and oil price sensitivity.
Open the Inflation Excel workbook template.
Watch the Inflation video (14 minutes).
Read the Inflation course notes.
Write your formulas into the template
Check and save your work. Mark the exercise as complete.
Now try the exercise on your own in the OilStart template.
This topic is divided into three exercises:
revenue
operating costs
working capital
Learn to model operating costs in a DCF framework by adjusting unit variable, fixed, and abandonment costs for inflation, and linking inputs to production.
Apply the corkscrew technique to model working capital, linking receivables and payables days to revenues and costs, and use carry-forward balances to capture timing effects on cash flow.
This topic considers the relationship of the three pro forma financial statements.
cash flow
income statement
financial position
There are two exercises:
retained earnings
net cash
Derive the project cash flow to generate a cash balance and balance the balance sheet, including nominal and real terms used for NPV in analysis.
This exercise partitions net cash into positive cash and negative overdraft (cash shortfall).
Explore capital expenditure, fixed asset treatment, and depreciation within a four-exercise capex module, converting real inputs to nominal terms and modeling impacts on the income statement and balance sheet.
Learn how masks and counters control event timing in depreciation calculations, using true/false tests, named ranges, and a countdown to drive depreciation in a dcf model.
Explore straight line depreciation within a DCF model, using a counter-driven schedule to charge depreciation only during the operating period, update the carry forward and balance sheet.
Learn to aggregate capex, depreciation, and book values on the fixed assets topic, update the working sheet, and connect cash flow, earnings, and balance sheet impacts to complete the model.
This is a single exercise in which we introduce senior debt and the equity investment.
In this lesson, we calculate the returns to our lenders and investors.
Demonstrate how to determine dividend payments within a DCF model by testing cash and earnings availability, managing timing to avoid circularity, and using max logic to handle overdrafts.
The final cash flow driver is taxation.
Tax losses
Tax incurred and paid
Calculate corporation tax using 20% rate, apply tax incurred and tax paid, and update brought forward and carrying forward balances to finalize cash flow, income statement, and balance sheet.
The financial statements are now complete and we need to consider the presentation of our results.
Custom formatting and format codes
Styles
This course will transform your financial modelling skill set and confidence.
Operis is a globally recognised provider of financial modelling training with a long list of clients from Government institutions, Global Banks and Accountancy firms. As such a certification of training from us will open doors for you as you apply for jobs, helping you beat out the competition.
This course is designed so that:
You can work at your own pace and start and stop whenever you need;
It takes less than a day to complete and hence can easily fit around your existing schedule;
It serves as a useful introduction to modelling but can also be used as a refresher for those with some prior experience;
Why choose Operis?
Trusted by financial institutions such as ING, Barclays, Department for Transport and The World Bank, Operis delivers top of the range financial modelling training.
You will be taught by Jonathan Swan who has been delivering modelling training for over 30 years since our courses were first incorporated into the graduate induction programmes of a number of the City’s investment banks.
As a global leader in financial modelling training, a certification from Operis carries weight within the industry and gives you a leg up on your competitors.
Jonathan has extensive teaching experience having specialised in financial modelling knowledge and skills transfer almost since the first spreadsheet applications appeared.
Testimonials
Jiaquing Lin - PWC - 5 *
Simple examples upfront before diving deeper which does not scare people away that easily and also makes complicated concepts or scary techniques much easier to grasp. Very structured and logical agenda throughout. The exercise tabs provided for each topic is massively useful for actual practising rather than just listening to the lectures; short courses for each topic which helps with user concentration and also less stressful for full-time workers who are using their own spare time to pick up modelling skills.
Magda Stephenson - The Institute of Risk Management - 5*
I really enjoyed the Operis course Financial Modelling Essentials. All the materials were presented in a clear and concise way. I was able to start and stop at any time and that gave me great flexibility.
Video instructions are just the right length so it is easy to concentrate on them without drifting off. Written instructions are clear and easy to follow. The layout of the exercise sheets is great. I really enjoyed the fact that if the exercise was completed correctly the colour of the cells was changing.
I would recommend the course to my colleagues.