In this growing technology, we have to update ourselves according to employee empowerment. According to this statement, today we are going to view the best job-giving course, which is going to be Financial Modeling Course. In this article, we are going to discuss the detailed observation of Financial Modeling Courses in Kenya. In this fast racing world, everyone is searching for a good profession that will take their career to the topmost level. While experience is important for professional roles, it is becoming increasingly accessible to newcomers. There is no reason why a fresher cannot be considered for significant responsibilities in Financial Analysis if the ability is adequately learned and practiced.
You are the one who is looking for good opportunities to come knocking on your door, and you may at a peek by touching this article. It will give you a good picture of financial modeling courses in Kenya as a beginning point of your profession. First and foremost, we will observe the financial modeling details.
Importance of Financial Modeling Courses in Kenya
This course is an endeavor task to build an abstract representation of an economic situation. This is a mathematical model that depicts the performance of a financial asset or portfolio of a business, project, or other investment. Typically economic modeling is thought to refer to a quantitative exercise in either asset pricing or corporate finance.
It entails converting a collection of hypotheses concerning market or agent behavior into numerical predictions. ‘Financial modeling,’ on the other hand, is a broad term that can be meant differently to different individuals; it typically relates to either accounting and corporate finance applications or quantitative finance applications.
- Discounted Cash Flow Model (DCF)
- Initial Public Offering Model (IPO)
- Leveraged Buyout Model (LBO)
- Merger Model (M&A)
- Three Statement Model
- Sum of the Parts Model
- Consolidation Model
- Budget Model
There are major opportunities in the field of finance. Candidates can work in businesses such as stock research firms, government agencies, non-profit organizations, and private finance firms. Following completion of financial modeling courses, a candidate may pursue the following positions.
- Analyst or Associate in Investment Banking
- Analyst for Equity Research
- Managers, Directors, and Financial Analysts
The finance department is currently the most promising field for job searchers. Finances play a key role in all government and private bodies around the world. As a result, those who complete financial modeling courses in Kenya will have a high level of employment security and promising pay.
Scope of Financial Modeling Courses in Kenya
Financial modeling is a critical decision-making tool for both profit and non-profit organizations. Users with advanced mystery can analyze the financial ramifications for decisions ahead of time and choose the most profitable and stable options. Users can also put scenarios to the test and see how sensitive the outcomes are for crucial variables.
It enables the use of data to make more informed judgments. The scenarios for creating new bids, suggesting sale decisions, or projecting financial returns over a specific period would aid entrepreneurs, finance, and even marketing professionals. In today’s world, when organizations rely on data science to construct financial models and forecast future trends, financial modeling skills are in high demand.
It is considerably distinct from typical accounting and auditing occupations, it offers a lot of scope in finance and related segments. It makes an employee best at analyzing a customer’s financial statement. Many banks in Kenya need financial modeling experts, so this will be a wonderful opportunity to find a career with a good income.
Furthermore, as technology advances, we must adapt and prepare ourselves to choose the best course that will provide us with a good job chance, one of which is finance modeling. It is a wide field in which we can exhibit our talent while maintaining excellent professional qualifications.
Some of the Emerging Financial Sectors Are Discussed Below.
Investment Banking is becoming a part of all the financial companies that evaluate the worth of companies. An investment bank may also help corporations with mergers and acquisitions (M&A) and provide auxiliary services like market making, derivatives, and equity securities trading, FICC (Fixed income, currencies, and commodities) services, or research (macroeconomic, credit, or equity research).
- Equity Research Analyst
The equities research analyst’s major responsibility is offering extensive stock market research reports. They help their investors make important decisions leading to selling, purchasing, and scheduled investment. Strong analytical and quantitative abilities, problem-solving aptitude, and most importantly, a passion for the markets is required of a financial analyst and equities analyst.
- Real Estate Financial Modeling
This is the image outcome. REFM is the process of analyzing a property from the standpoint of an Equity Investor ((owner) or a Debt investor (lender) and determining whether or not the Equity or Debt investor should invest based on the risks and potential rewards.
- Corporate Finance
This is the branch that highly focuses on business fund handling, finance structure, accounting, and outlay decisions. Corporate finance is highly focused on a dignified share Long term and short-term financial and strategy execution.
Best Certification Corporate Finance Course
- Certified Public Accountant (CPA)
- Chartered Financial Analyst (CFA)
- Certified Management Accountant (CMA)
- Certified Internal Auditor ( CIA)
Also, learn about Corporate Finance
The Average Salary for Financial Modeling Courses in Kenya
Financial modelers in Kenya earn roughly 192,000 KES per month on average. Salaries range from 94,000 KES to 299,000 KES (lowest to highest). It includes the monthly average pay such as home loans, transportation, and other expenses. Financial statistics greatly depend on experience, abilities, gender, and region.
The best hourly tariff is KES 8,640.00 and KES 9,936.00.
Salary ranges are divided into three categories range, median, and percentiles.
50% of the people working as financial analysts are earning less than 196,000 KES, while the others are earning above 196,000 KES
Two values are closely related to the median: the 25h and 75th percentiles. According to the pay distribution graph, 25% of Financial Analysts earn less than 130,000 KES, while 75% earn more than the above salary. 75% of financial analysts earn less than 253,000 KES, while 25% earn more than this salary.
Salary Comparison Years by Years Experience
The touchstone of getting a higher salary is based on how much experience you have gained, the more you worked, the experience will get the high, and so the percentage of your salary. The wager with less than two years of experience makes a salary of approximately 111,000 KES per month. The employees working with more than five years of experience earn 143,000 KES per month.
Financial Modeling Courses in Kenya Salary Dollars by Education
The average monthly income of a Finance Analyst with a high school education is 139,000 KES. A person with a certificate or Diploma earns 160,000 KES each month, which is 15% more than someone with a High School Diploma. A Bachelor’s Degree earns its recipient an average monthly wage of 215,000 KES, which is 35% higher than a Certificate and Diploma. Professionals with a Master’s Degree earn an average monthly salary of 271,000 Kes, which is 26% higher than those with a Bachelor’s Degree.
Who is Eligible to Take Finance Modeling Courses in Kenya?
Eligibility requirements for financial modeling are nearly identical. If you fulfill the requirements needed by the course, you will get admission to the number-one skilled institution. The ability for joining both undergraduate and post-graduate programs is as follows.
Candidates who want to pursue Financial Modeling courses in Kenya must have finished their 10, +2 with a minimum score of 40% with Accounting, Finance, and Mathematics as major courses from a recognized board.
Also Read: Benefits of Financial Modeling Course
Eligibility Criteria for PG Course
Individuals who are interested in pursuing PG courses in Financial Modeling Courses in Kenya should meet the following criteria. They must have earned their bachelor’s degree from a recognized university. Candidates must fulfill the percentage criteria which has been set by the recognized university. The entrance examination is also required for a candidate’s admission.
Recognized Financial Modeling Courses in Kenya (Online Institutions in Kenya)
In this section, you will find a listing of top-rated institutes offering courses in financial modeling courses in Kenya. Each course has its advantages. Check out the details of each course and choose the one that suits your needs and preferences. In Kenya, there are few financial modeling institutions, but on the Internet, we can find many well-known institutions. As technology grows, we can learn many courses from all over the country. We can find out some of the top-rated institutions.
1. IIM Skills
IIM Skills is a leading skill-development training institution that offers the top financial modeling courses in Kenya. The Institute offers comprehensive courseware and training programs in some of the most important fields. The provide career-focused programs range from 4 to 12 weeks and are designed to meet the needs of professionals, students, entry-level workers, stay-at-home moms, and work-from-home professionals.
These career-oriented courses consist of a combination of theory and practice. The job-oriented programs at IIM Skills are relevant to the industry. The curriculum for these courses has been designed after a thorough study to provide the best possible education to the students. The institute offers one of the best financial modeling courses in Kenya, the course details of which are as follows:
Course Name: Financial Modeling Course
3 Months of Live Online Training
50 hours of class, Practical Assignments
Fees: 59,974.71 Kenyan Shilling
Valued Reason for Choosing IIM Skills
- Globally accredited Master Certifications
- 100% practical training
- On-the-spot doubt clearance
- Super-interactive and engaging sessions
- Brilliant Mentors
- 24*7 online support
- Interview preparation and resume writing
- Post-training guidance
- Placement assistance and job interview guarantee
- Long-term open door to all the Resource material and session recordings
For Contact Information:
Email: [email protected]
Phone: + (91)9911839503
2. Upskill Development Institute
The practical valuation workshop aims to equip participants with the foundations of valuing a business, using Excel to build basic financial statements. Participants will learn how to perform scenario analysis, and structure discounted cash flow to deprive the value of a business. The course extends the core theory introduced in Finance Fundamentals by emphasizing its practical application to strategic financial planning and potential financial problems.
Duration: 5 days
Onsite Live Class: 1000 USD
Online live class: 500 USD
Recommended Read: Financial Modeling Courses in Malaysia
3. Corporate Finance Institute
The Finance Modeling and Valuation Analyst (FMVA) certification program from CFI will teach you fundamental financial analysis. The FMVA certification equips you with all of the necessary skills, tools, and strategies to become a world-class financial expert.
Finance Modeling Work Flow
- Create a three-statement financial model that is dynamic, logically planned, and well-structured.
- Make a multi-year statement, cash flow, and balance sheet predictions.
- Conduct scenario and sensitivity analysis to improve the financial model’s robustness.
Duration: 4-6 months
Full immersion- $897
Coursera allows you to learn from top colleges across the world. Yale, Harvard, Princeton, and Columbia are among the Ivy League universities with which they have cooperated. The courses include computer science, mathematics, information technology, arts and humanities, business, and health care.
5. KSMS (Kenya School of Monetary Studies)
The school, which began by taking over the defunct College of Banking and Finance’s (CBF) short-term management and skill-development programs, has continued to demand-driven development courses while also filling gaps in advanced knowledge and education in long-term postgraduate programs tailored specifically for the financial sector. They are offering an Executive Diploma in Financial Modeling.
- Should have 1st degree or have work in the financial sector and related institutions.
- Nominated by participating institutions.
6. Knowledge Hut
Financial modeling skills are essential for accounting professionals. This training with excel course helps learners to master essential financial modeling techniques. The expert-led training helps you to apply and analyze financial models with excel, hands-on training in powerful Excel tools and techniques to manipulate large datasets of financial information.
The curriculum of Courses
- Accounting Bootcamp
- Financial structure and Accounting
- Extra Excel Applications
7. Star College of Management
Star College of Management has grandly launched its studies related to Professional Accountancy and Management Training Institution. The College is managed by professional instructors who are both academically and professionally trained in the fields of accounting and management.
The overall goal of the College is to provide its students with accounting and management education that will enable them to successfully pass their examinations and increase their efficiency in the relevant workplaces. The college has experienced and respected faculty members whose loyalty and dedication ensure that their students excel in their examinations.
This course aims to equip students with knowledge, skills, and perspectives that will help them work efficiently in this technological, fast-paced information age.
Financial Modeling in Excel
- Terminal Value
- Terminal Growth Rates
- Sensitive Analysis using Data Tables
- Financial Statement Analysis
- Relative valuation techniques
- Operation Leverage
- Financial Modeling GAAPs
- Drafting P&L, Cash flow statement, and Balance sheet from scratch
- Equity & Enterprise valuation process
- Integrated and Dynamic Financial Model design
- DuPont Analysis
- Circular references and iterative calculations
- Cash flow for C-suite performance appraisals
- CAPM Model and the Discounting Rate
Phone Number: +254 20 334 1697
Email: [email protected]
Recommended Read: Business Accounting and Taxation Course Colleges
8. Finance Modeling Institute (FMI)
This institute plays an essential role in corporate decision-making, with modelers supporting key transactions and critical business decisions. This exam is the sole way to prove that you’ve mastered this ability. The main components of FMI are:
- Credible Skill assessment
- Rigorous Process
- Objective and Independent
9. Foscore Development Centre (FDC)
FDC is one of the Universal top consulting and training institutions that plays role in specialized capacity building, consulting, and talent development solutions for individuals and organizations through their customized courses and experienced consultants in a variety of disciplines.
Duration: 5 days
Who Should Participate in These Programmes
- Financial Analysis
- Business Entrepreneurs
- Book Keepers
- Business Managers
- Investment officers
- Managing Directors
For Enquiry: [email protected]
10. Open Cast Labs
- Remodel the financial framework with an excel sheet
- Utilize the new modeling financial techniques
- The projections of investment calculate the company evaluation in a successful manner
- Create detailed financial models to aid make investment decisions.
The course is aimed at corporate finance professionals, CFOs, financial controllers, finance managers, financial analysts, and business development analysts.
Duration: Live Online Training – 24 Hours
Classroom Training – 21 Hours
Fees: KES, 32.000.00
11. Strathmore University
The Financial Modeling series at SIMS contains the most relevant Advanced Financial Modeling Program. They choose the selected topics which are key subjects for practitioners in finance for Investment and Risk management. Professionals in investment banking, corporate finance, equity research, and insurance who want to deepen their knowledge of financial modeling can also take the course.
Duration: Each 4-day program
Fees: 30,000 KES/-
12. Google Digital Skills for Africa
Google’s learn digital program offers customized courses to help you advance in your job or business. It is divided into three sections: Digital Marketing, Career development, data, and technology. The portal has over 152 courses to pick from, offering the learner a lot of options.
Here is a guide to Strategic Financial Modeling
Fuzu is an online learning platform in addition to being a job searching platform. It includes a variety of categories from which to choose. It provides professional courses in a variety of fields, including Hospitality, Human resources, Marketing, Radiotherapy, Public reactions, and Psychology.
14. LinkedIn Learning
LinkedIn is a professional social networking site. LinkedIn provides courses that are relevant to your profession based on your field.
FAQs Frequently Asked Questions
Q1. For what Financial Modeling is used?
Financial Modeling is a representation of a number of a company’s operations in the past, present, and projected future. Such models are intended to aid in decision-making. Executives of a company might use them to estimate the cost of a proposed new project and to forecast profits.
Q2. Which are the Best Financial Modeling Courses in Kenya
IIM Skills is one of the best providers of financial modeling training in Kenya.
Q3. Why does Excel require financial modeling?
Financial Modeling courses in Kenya need excel refers to tools used to prepare expected financial statements to predict the financial performance of the company in a future period using the assumptions and historical performance information.
Q4. Is there assurance of a Job Guarantee in Financial Modeling Courses in Kenya?
Most career opportunities are available after the Financial Modeling course. A candidate may seek a position with initiatives such as equity research institutions, private financial firms, government, non-profit organizations, etc.
Financial modeling is one of the most sought-after skills needed in today’s corporate world. The advanced Excel with Financial Modeling courses in Kenya provides a 360-degree look at Advanced Excel and Financial Modeling Techniques. This course focuses on hands-on learning of the concepts and trains professionals to use MS Excel to create consistent and realistic financial models in multinational corporations as well as small businesses.