Everyone looks for the best career opportunities and searches for the best courses after graduation. Here is the best option for you! Financial modeling courses are emerging in India that offers a good career opportunity. This course enhances your skills and knowledge that helps to build a good career and makes you ready to work for financial analysis like creating a spreadsheet of expenditures and earnings of companies which is important to make future decisions. In this article, you will get to know the details of financial modeling and the best financial modeling courses in Mumbai.
What is Financial Modeling?
Financial modeling deals with the financial analysis of the company, estimating the costs, earnings, expenditure, balance sheet, and cash flow statement, which is in the form of a spreadsheet. This is a mathematical model which represents the company’s financial valuation and helps to take forecast decisions related to the financial aspect.
It is an important aspect of a company. It is the process of evaluating the financial performance of a project of the company considering all the relevant factors. It deals with the revenue, expenditure, earnings, and losses which help to make business decisions in a well-organized manner.
The definition of financial modeling is of fundamental importance to both private firms and the government. The earnings and expenses of a business are reported using a spreadsheet decision-making tool to forecast the repercussions of strategic actions or occurrences.
Let’s see the benefits of financial modeling which are required to run the company, and also will see the institutes offering financial modeling courses in Mumbai.
Importance of the Financial Modeling
It is mainly used to make future decisions by analyzing the financial aspect of the company or business. Many organizations entrust financial modeling for effective decision-making in financial aspects. Many organizations follow it due to its numerous benefits. They are:
1. Deep and Good Understanding of Business
This model gives a clear perception of the business. It gives a clear understanding of how the business operates, and the factors that influence the business. It shows the changes that should take place in different scenarios in the business which leads to a deep understanding of business. It helps to understand the business and finances and to predict changes that cause in the economic environment.
2. Business Growth and Profitability
This model helps for the growth of the business by suggesting the higher profit areas and gives a better understanding to concentrate and invest in high-profit projects which afford more growth.
3. Minimize the Risks
Following this model will help to reduce the risks associated with the implementation of a particular activity by suggesting the financial impact. This model provides solutions for the risk in a business when entering a new market. Thus it reduces the overall risks that come with business and pave the way for profit.
4. Review the Performance by Periodic Assessment
To improve the overall profit of the business it is necessary to verify the outcome and the invested budget. By comparing them, it becomes easy to decide the performance of the company against the budget. This can be done periodically and obtain feedback for the better functioning of operations in the business.
5. Valuation of Business
Understanding the worth of the company is the most important factor which can be done by following this model. Knowing Valuation is crucial as it signifies the economic value of a business. When a company head decides to merge with another company or decides to sell the complete business, it is very important to know the value of their business or company.
6. Budgeting, Planning, and Forecasting
Financial modeling helps to build financial planning and budgeting which is required to run the business in a well-organized way and keep your business on track. Following the Budget and planning is important in business as it gives a clear view and can predict the effect of economic conditions and helps to forecast the future event as per the budget.
7. Fund Requirement and Strategy
The Financial model provides the details of cash inflow and outflow. With the help of this model, the business can plan the net cash flows required to run the operations further. These models are used by financial analysts to identify and evaluate the source of funding for their business objectives, whether it be debt or equity. Their understanding of the financial model assists them in evaluating the cash flow scenario following loan repayment and interest payments. It also helps determine how much debt and equity financing a business may take on.
8. Quickly Generate Outputs
Answers to specific economic questions and upcoming business choices might take months for organizations. By assessing the impact of economic actions, a financial model can help speed up this process by delivering timely outputs and solutions. These models can also aid executives in making quick decisions while also supporting a company’s overall growth trajectory.
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Career Opportunities After the Financial Modeling Course
This course is high in demand in this competitive job market. After the completion of the course, the skill you gain will help you to grow your career in the finance field. There are many opportunities available in the finance field in recent years. There are several job opportunities after the completion of the course. Some of them are:
- Investment Banking Analyst
- Equity research analyst
- Financial analyst
- Managers and directors
- Credit analyst
- Financial consultant
- Financial planners
- Valuation analyst
- Treasury head
- Financial advisor
- Financial market analysts
- Business analyst
Top 10 Financial Modeling Courses in Mumbai
It is evident how the financial model helps to build your career and your business growth. Before starting a career or business, it is very important to learn the skills as this skill is the basic criteria you should know to achieve success in your career or business. If you are well versed with this skill, your resume will stand as the top priority.
If you are looking to build your skill, choose the best course to learn so that it will help to get great opportunities in your career path. If you are looking for the best institutes that offer this course, here are the top 10 financial modeling courses in Mumbai which helps to build your business and career path.
1. IIM Skills
IIM Skills is one of the top financial modeling courses in Mumbai providing the most dedicated services. It offers many professional courses to build your career. It provides the best training with highly talented faculty. Among the many courses provided by IIM Skills, the financial modeling course is the one that has many opportunities and scope to start your career.
It is the best platform where you can learn many things which are required to build your skills. If you want to learn from scratch, this institute assures that within the completion of the course you will learn and gain the knowledge. It is a platform that provides online classes, recording sessions, case studies, practical assignments, and feedback on the assignment which is most important to learn and improve your skills to become professional and obtain your desired job. After the completion of the course, you will obtain the certification which is globally accredited.
Course Name: Financial Modeling Course
Course Duration: 3 months live online class + Internship
50+ hours of lectures, 100+ hours of practical assignments, 5+ case studies
- Basic and advanced excel
- Accounting concepts and financial statements
- Ratio/ KPI analysis
- Basics of financial modeling
- Different types of financial modeling
- Business valuation
Fees: 39,990 + GST
Other courses offered by IIM Skills
For further details
2. IMS Proschool
IMS Proschool offers one of the best financial modeling courses in Mumbai. They provide excellent training which helps you to improve your skills which is mandatory if you are looking for a career opportunity in finance and get your dream job. Their learning methodology makes you capable of handling business problems practically.
Its training makes you understand the importance of a financial model to run the business. They provide certification after the completion of the course and assist you with the placement. The training will be both offline and online which is helping the students to join the course from anywhere.
If you are staying in Mumbai, you can get the classroom training also. In Mumbai, there are two centers. one in Andheri east and another location in Thane. They have trained more than 6000 aspirants and assure 100% placement.
- Problem-solving in excel
- Financial statement analysis
- Corporate finance
- Project finance
- Equity modeling
Course Duration: 75+ hours of online classes over 3 months
Certification: After completion of the course, Proschool offers the NSE academy certification.
- INR 32,000 for live classes
- INR 20,000 for distance learning
3. The Wallstreet School
The Wallstreet School is one of the reputed institutes among the top financial modeling courses in Mumbai in the finance domain. This institute provides classroom training and also an online course for financial modeling. They provide practical training, and the training faculties are well experienced.
They provide the best training on weekdays and weekends also so that it will help the students and also professionals to learn and improve their skills. This course provides diverse ideas on various concepts. They will provide the study materials related to the topic and you can have access at any time. There will be placement assistance available.
- Basics to intermediate excel
- Advanced Excel and PowerPoint
- Basic finance concepts
- Feasibility study/Business modeling
- Comparable company analysis
- Precedent transaction analysis
- Discounted cash flow valuation
- Leveraged buyout
- Mock Interviews and resume edits
Course Duration: 180+ hours class of 6 weeks
Course Fees: INR 40,000 + GST
Contact Details: 9953729651
Recommended Read: Business Accounting and Taxation Courses in Mumbai
Udemy provides many courses related to financial modeling at affordable prices. The best course ‘Beginner to pro in excel’ provides knowledge about the topic. So students, professionals, entrepreneurs anyone can join the course on a low budget. It is the best platform for those who are planning to start a small business. They provide training theoretically and practically.
They provide training for different concepts in finance. You have the option to choose only the relevant topic you are looking for. They will teach you all financial models from scratch. Students will learn many aspects including how financial models built-in top corporations. The best option for those looking for financial modeling courses in Mumbai at affordable prices. The Certificate will be provided.
EduPristine offers the best financial modeling courses in Mumbai. They provide the best teaching with expert faculties and provide the training of basics of excel from scratch which helps to create successful financial models. They offer training for limited students per batch. They provide two types of training they are:
- Classroom training
- Corporate training
Apart from these, they offer self-study packages. They provide practical case study training which helps you to gain deep knowledge of financial modeling. The students who graduated from this institute are placed in top companies.
Course Duration: 1 to 3 months
Contact: 1800 200 5835
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6. Corporate Finance Institute
Corporate finance institute provides the best services to become a certified financial modeler and valuation analyst. It is a most recognized financial modeling training institute which offers online training, certification after course completion, and excellent training by the most experienced faculties that helps to build the skills required performing practical financial analysis.
The learning objectives in this course are Accounting, Excel, finance, financial modeling, valuation, budgeting and forecasting, presentation and visuals, and strategy. There is placement assurance. You will get deep knowledge and can build your career. You will have access to 120+ online finance courses. If you are searching for financial modeling courses in Mumbai, it is one of the best options you can go for.
- For self-study option: $497/year
- For Full Immersion option: $847/year
Imarticus is one of the leading financial modeling courses in Mumbai. They offer many courses related to financial aspects. Their finance programs are for those who wish to build their career in investment banking, financial planning services, regulatory compliance, fintech, and risk management.
They also teach you many finance aspects topics. ‘Financial Analysis Prodegree in collaboration with KPMG in India’ course is the most relevant one you can choose. It includes:
- 180-hour skill-building course which covers accounting, financial modeling, valuation, and equity research
- 25 hours of training provided by KPMG experts
- Placement assistance throughout the program
- Financial analysis
- Financial statement preparation
- MS Excel
- Accounting basics
- Ratio analysis
- Financial modeling
In financial modeling course, they cover the topics:
- Create a basic IB financial model
- Types of data and variables
- Growth rates and proportions
- BEDMAS Principle
- Forecasting and modeling
After the completion of the course, you can able to understand fundamental accounting topics and you can analyze balance sheets and financial statements.
- Fees structure – INR 65000
- Online course – INR 58500
- Installment pay and EMI options are also available
Recommended Read: Financial Modeling Courses in Kolkata
8. Jaro Education
This institute offers a course ‘Certification program in corporate finance and analytics’ which teaches you complete knowledge of financial modeling. It will help you to develop key behavioral skills which are essential to becoming successful finance professional. If you join this course, they will make you understand and implement the principles of finance to business problems and strategies. If you are looking for financial modeling courses in Mumbai, you can join this institute to get maximum benefits.
Course Duration: 6 months
Course Fees: INR 96,000 + GST
- Basics of financial modeling
- Structuring and designing models
- Data and variables types
- Growth rates and proportions
- Recording macros
- Assignment- Industry case study
Certification: Available after the successful completion of the course
9. Investopedia Academy
This academy provides the best training for those who are looking for career opportunities in the finance sector. The course is for business persons and entrepreneurs who are striving hard to make career growth and improve their businesses. This is one of the top institutes which offer financial modeling courses in Mumbai where you will learn to build a financial model, evaluate the performance of a project or business, make realistic financial projections, and execute a pro forma valuation of a company or business.
- Course introduction
- Simple financial model
- Break-even and sensitivity analysis
- True to life
- Scenario analysis
- Capex and depreciation
- Depreciation schedules
- Working capital
- Shortening the cash cycle
Course Fees: INR 15,514
Course Duration: Over 40 lessons with video and interactive content
10. Henry Harvin
Henry Harvin offers the best financial modeling courses in Mumbai. The Financial modeling course is the one that has many career opportunities. This course is necessary for those who want to build a profession in finance and also helpful for those who want to start their business.
There will be a guaranteed internship post-training opportunity that supports you to obtain practical experience in several online learning. After successful completion of the course, they will provide you the certificate with the global credential of the certified financial modeling professional course.
There will be 100% placement assistance for 1year. There is an additional benefit of 24*7 lifetime support access and also you can attend unlimited batches with different instructors for the next 1 year without paying any extra cost.
Course Duration: 40 hours of online interactive classroom sessions
Course Fees: INR 29,500
- MS Excel tips
- Financial statement and ratio analysis
- Financial management and corporate finance
- Project finance modeling
- Equity research modeling
- Financial report writing
- Case studies
- Soft skills development and Resume writing
Frequently asked questions
Q1. What are the jobs I can get after the completion of the financial modeling courses in Mumbai?
After the successful completion of the course, there are many job opportunities available. It is one of the best options you can choose in this competitive job market in finance. Job opportunities you can apply for are: Financial analyst, equity research analyst, financial modeling analyst, assistant manager, investment analyst, report writing, investment banking analyst, managers, credit analyst, Treasury head, financial advisor, financial market analysts, business analyst, financial planner and many job positions are available.
Q2. I don’t have much knowledge of finance, can I join the course?
Yes, you can join this course even if you are a beginner. Here we suggested the best institutes that will teach you from the scratch. They will provide you the interactive online classes so that you can clear your doubt. These institutes provide you with the best teachings and you will gain knowledge and improve the skills required in this field.
Q3. What are the skills needed to join the course?
A good understanding of accounting, forecasting, problem-solving, Excel skills and presentation skills will make you understand the concepts much better and faster. If you have the basic skills you will become an expert in this field. During the course duration, the institutes help you to improve your skill to start a small business also.
Q4. Is it worth and effective to take online financial modeling courses in Mumbai?
Yes, it will be worth it and you can invest your valuable amount. The suggested institutes provide online classes very effectively and the classes are interactive you can interact with them during the sessions. They will provide practical assignments and feedback for the assignments you have done which will help you to improve your skills. They will guide you individually; you are free to ask your doubts anytime during the course.
Q5. What are the main factors to consider before selecting the financial modeling course?
This is the most important step you should take care of before you are investing in a valuable course. The main factors to consider before joining the course are:
- Course syllabus
- Study materials
- Certification and its validity
- Guaranteed placement opportunities
- Practical assignments and projects
- Online access
- Reviews of the institutes
In this competitive world, the unemployment rate is increasing day by day. Many are unaware of the job opportunities available in the market. So choose a good career path. Here we suggested the best course and the way to enhance your career path. If you are searching for the best career options, financial modeling is the one you should look upon. This article must have provided you the clear guidance and helped you to opt for the best financial modeling course in Mumbai offered by top institutes.