Financial Model Basics: Build a model from start to finish
3.9 (139 ratings)
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Financial Model Basics: Build a model from start to finish

Learn all of the vital skills you need : understand key ratios,formulas and formatting, structure and analysis.
3.9 (139 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
5,053 students enrolled
Created by Andrew de Bruyn
Last updated 4/2015
English
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Includes:
  • 1 hour on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Create accurate and well designed financial models
  • Understand important Excel formulas for financial models
  • Appreciate the importance of structure and style in building a model
View Curriculum
Requirements
  • You need Microsoft Excel, preferably Excel 2013
Description

Over 5000 students enrolled!

Aims and audience:

Financial Model Basics teaches you how to create a basic financial model, from start to finish. The course is targeted at business managers, finance professionals or business students who need to forecast the finances of a business.

Outline:

We start with the benefits of modelling and the structure to be followed. I then take you through analysing historical data, defining key ratios and building the first sheet - the input sheet. Then we move on to calculations and the output sheets. Finally we look at analysis and sensitivity tables. By the end of the course, you will be able to build a basic financial model.

Format and materials:

All of the lessons are videos in which I talk you through each step of building the financial model. In addition, I give you Excel files in each lesson, so you can download the files and work on the spreadsheets yourself. I also give you PDF or PowerPoint files that contain lesson notes.

Requirements:

-Microsoft Excel

-Basic Excel skills

-Basic understanding of financial concepts (eg gross profit, variable costs)

Who is the target audience?
  • This course is designed for business students (eg MBA, Finance, Accounting, Business Management) who understand the basic financial concepts eg income & expenditure, asset & liability
  • The course is designed for business managers, business owners and financial professionals who would like to build models to forecast business performance
  • The course assumes a basic knowledge of Excel. I will explain all formulas and calculations, but you need to understand the basics of using Excel first.
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Curriculum For This Course
Expand All 13 Lectures Collapse All 13 Lectures 01:01:30
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How to Use this Course
1 Lecture 00:59
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Financial Model Basics
12 Lectures 01:00:31

An introduction to financial modelling - what a model is, why we want to build models, who uses them and how we build them.

Preview 05:00

Guidelines for modelling - structure, layout and formatting.

Preview 03:42

We summarise historical data using one category using the SUMIF formula.

Preview 04:50

We continue to summarise historical data, this time using two categories. The SUMIFS formula is the formula we use to do this.

Analysing Historical Data 2 - Summarising Data with SUMIFS
07:31

Once we have summary historical data, we are in a position to determine the key ratios that we will use to build the financial model.

Deciding on Key Ratios
05:47

We start to build the financial model's first sheet, the Input Sheet.

Building the Input Sheet
07:24

Once the Input sheet has been built, we construct the calculation sheet.

Calculation Sheet
07:43

The last part of building a model is the output sheets, the most important of which is usually a profit and loss statement.

Output Sheet-Profit and Loss Statement
03:19

We analyse the outputs of the model in order to :

1) audit the model and correct errors

2) see the future financial effects of business decisions

Analysing the Outputs
04:50

We look at a very useful way of analysing a financial model's predictions - a sensitivity table.

Sensitivity Table
06:10

I give you a challenge to build your own model, using all the tools we have covered in the course.

Challenge - Build Your Own Model
02:45

Conclusion
01:30
About the Instructor
Andrew de Bruyn
4.1 Average rating
183 Reviews
7,019 Students
4 Courses
Management Consultant & CFO | 7000+ Udemy Students

My name is Andrew and I'm originally from South Africa. I have a two degrees in Accounting and Business Management and I qualified as a Chartered Accountant. I gained extensive experience as a CFO and Financial Manager in several industries from manufacturing to diamond mining to fashion clothing. I have always enjoyed Excel and financial modelling, and honed my skills at companies listed in New York and London. I have several courses on Udemy and enjoy sharing my skills with others..