Learning a skill like Financial Modeling is vital for one’s professional growth to maintain pace in today’s ever-growing corporate world. If you’re a professional in the field of finance, a chartered accountant, or an entrepreneur, in-depth knowledge of financial modeling can take your career to the next level. And when it comes to acquiring a professional skill, Hyderabad, the state capital of Telangana, is one of the top choices amongst students and professionals. In this article, we will talk about the top ten financial modeling courses in Hyderabad that you can take to boost your career.
First and foremost, you should know what this financial modeling course is all about and why you should learn it. In a nutshell, financial modeling is the task of creating an abstract model to represent how a business, project, or financial asset is performing. These models are used mainly by financial analysts to evaluate a company’s performance and to predict its future.
In today’s ultra-competitive job market, financial modeling is one of the most sought-after skills for career advancement in finance. So what are you waiting for? Take a note of these top ten financial modeling courses in Hyderabad to level up your game in this ever-evolving global economy. But before that, let’s discuss financial modeling, job prospects, prerequisites to learning this skill, etc., in detail.
What is Financial Modeling?
Financial modeling is simply an analysis done on a spreadsheet of the performance of a given business based on historical financial data. The aim here is to predict the capabilities of that business in potential earnings in the future. The five building blocks of an economic model are Historical data, ratios & matrics, assumptions, forecast, and valuation.
Foreseeing a company’s performance in the future is not a simple task as every business is unique and requires a specific set of data and assumptions. Therefore, Excel is generally used to build the model as it is very flexible and customizable. A good financial model should be simple enough for easy understanding yet detailed enough to address complex scenarios. Therefore, taking financial modeling courses in Hyderabad will be extremely crucial for your career advancement.
How Many Types of Financial Models are there?
The finance professionals mostly use these ten types of financial models in corporate finance–
- Three Statement Model (the basic one)
- Discounted Cash Flow (DCF) Model – primarily used in capital markets and equity research
- Merger Model (M&A) – used in the area of corporate development and investment banking
- Initial Public Offering (IPO) Model
- Leveraged Buyout (LBO) Model
- Sum of the Parts Model
- Consolidation Model
- Budget Model
- Forecasting Model
- Option Pricing Model
What is the Use of a Financial Model?
Corporate professionals, financial analysts, and researchers use this model for risk management, valuation of a company, valuation of assets, raising capital, capital allocation, etc. It is one of the most sought-after skill sets for the finance sector and, therefore, is highly crucial to your career.
Learn more: Is the Financial Modeling Course Useful?
Who Can Take up this Course?
The financial modeling courses are best suited for anyone keen to steer his career in Finance, especially in corporate finance, equity research, or investment banking. Prior knowledge of finance is NOT a prerequisite. Candidates from all backgrounds like chartered accountants, MBAs, Engineers, and working professionals take up this course.
At the successful completion of the financial modeling course, you can expect career opportunities as a Financial and Business Analyst, investment banker, corporate developer, equity research analyst, etc.
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How to Choose the Best Institution for Financial Modeling Courses in Hyderabad?
Since financial modeling is the most essential skill to acquire for making a place for yourself in any professional field related to financial analysis, choosing the right course to learn the skill is equally important. You are right to be confused about choosing the best institution for financial modeling courses in Hyderabad, more so when there are a plethora of training centers providing the same course both online and offline. So to help you narrow down the search, the following guiding factors may be considered before taking a wise decision:
1. Good Mix of Theory and Practical: While it is true that theory plays a vital role in strengthening the concepts, the focus of training on financial modeling should be on practical cases. Choose a course that provides a balanced blend of theoretical and practical knowledge.
2. Comprehensive Training in Excel: The first step in building a perfect financial model is to master Excel. While Vlookup, Scenario Building, Graphs/charts, etc., are some of the tools which are a must-learn for financial modeling, other technical skills like Macros/VBA, circular referencing, and SQL is equally necessary. So, courses with a dedicated module for training in Excel would be your best bet.
3. Exposure to All Kinds of Models: You need to select a course on financial modeling that focuses on learning all possible models as its application is so widespread.
4. Learning Both Domestic and Global Financial Statements: As an expert financial modeler, your aim should be to gain knowledge about the models used for large MNCs like Apple, Infosys, etc., as well as small-scale domestic companies and startups. Therefore, you should consider the company coverage also while selecting the best financial modeling courses.
5. Flexibility: If you are a full-time working professional or a student, it is very important to choose a course with a flexible learning pattern so that you can complete the course at your own pace along with your current pursuits.
6. Certification: Last but not least, these two are vital factors when choosing the best financial modeling course for you. You will need a valid industry certificate to prove the credibility of the course you have done.
Many other relevant guiding factors are there, like placement assistance, expert trainers, and availability of practice opportunities that you consider before taking the prudent decision. It is your career at the stake, after all, and therefore, make a wise choice.
However, to Make Your Choice a Little Easier, We Have Curated a List of the Top Five Financial Modeling Courses in Hyderabad:
1. IIM Skills:
IIM Skills is one of the best online learning platforms in India, which provides professional courses for an enriching career, making it an excellent choice for financial modeling courses in Hyderabad. While offering an array of in-demand skill courses to compete with the global workforce requirement, IIM skill is an obvious choice for Financial Modeling Courses in Hyderabad.
They offer a three-month online financial modeling course with 50+ hours of lecture, 100+ hours of practical assignments, four live projects, and 5+ case studies. You will get two months of guaranteed internship with mock interview preparation and 100% job support.
The master certification of the course is recognized by MSME, Govt. of India. The financial modeling program is curated by industry experts who have great experience in the finance sector. The program is divided into six modules viz;
- Basic and Advanced Excel
- Accounting Concepts and Financial Statements
- Ratio/KPI Analysis
- Basics of Financial Modeling
- Different types of Financial models
- Business valuation
At the end of the course, you will not just be a skilled professional in building financial models but also acquire other core skillsets to always be on the top of your game like critical and analytical skills, paying attention to details, problem-solving skills, communication skills, substantial accounting, and financing skills, etc.
If you are keen on learning this skill of making dynamic financial models to perform financial analysis for effective decision making and make yourself equipped with the aptitude and abilities to thrive in the highly competitive global standard financial markets, look no further and enroll yourself with IIM Skill’s Financial Modeling Courses in Hyderabad.
The course cost is Rs.39,900/- + 18% GST with a 100% money back guarantee if you do not like the course after the first session. The price includes exam and certification fees and a 10% discount for group registration for three or more.
Also Read: IIM Skills Financial Modeling Course Review
2. Corporate Finance Institute (CFI)
CFI is a leading provider of online financial certification programs and workforce development with 100+ courses and 1M+ students enrolled worldwide. CFI is one of the great platforms for financial modeling courses in Hyderabad with 31 trails, 190+ interactive exercises, expert instructors, blockchain certificate, and newly introduced monthly paths on the need-to-know subject matter.
There are five steps to getting an FMVA (Financial Modeling & Valuation Analyst) certification, i.e., prep courses, core courses, elective courses, final exam, and certification. After the course, you can build dynamic and logically designed three structured financial models. You will create multi-year forecasts for the income statement, cash flow, and balance sheet.
Apart from this, you will also acquire skills in accounting, excel, finance, valuation, budgeting, strategy, and presentation & visuals, strengthening your foundation and abilities as a finance professional. You can take a yearly subscription to CFI either for self-study or full immersion and complete the course at your own pace.
The certification from CFI is accredited by the Better Business Bureau and CPA Institution in Canada and NASBA to maintain global standards. For further details regarding the course or to enroll yourself, please visit their website at corporatefinanceinstitute.com.
3. The Wallstreet School, India
Considered a leader in Finance and Accounting education, the Wallstreet School offers this flagship finance program in Financial modeling & Valuations through classroom boot camp and online mode. The USP of this program is that they charge only 40% of the course during enrolment, and the balance of 60% is charged after placement with a maximum of 90-day commitment.
The trainers of this course are ex-consultants and ex-investment bankers who bring real-world business problems to the classroom. The batches of these financial modeling courses in Hyderabad are available on weekends and weekdays. They offer 100% placement assistance and provide contact details of previously placed candidates to ensure transparency.
Recommended Read: Online Financial Modeling Courses
EduPristine is one of the oldest, largest, and leading training platforms in the Accounting, Finance, Marketing, and Analytics domain. They have modern and well-placed training centers in all metro cities like Hyderabad, Delhi, Bangalore, Chennai, Mumbai, and Pune. EduPristine’s financial modeling courses in Hyderabad are designed in collaboration with the BSE Institute Ltd, which teaches you to build economic models from scratch through classroom or corporate training.
Through classroom training, you will get 70 hours of extensive training with pre-recorded lectures, comprehensive study notes, real-life case studies, and hands-on training on excel workbooks, all tendered by experienced and passionate trainers.
On the other hand, corporate training is more flexible with customized training solutions, requirement-based training modules, case-based simulations, etc. There are various self-study packages to choose from if you want to study at your own pace. To know about the course fees and duration of the course or other details, please enquire at firstname.lastname@example.org.
ProSchool is one of the top choices for getting industry-relevant certifications accredited by ACCA, CIMA, NSDC, and others. They provide classroom and online training facilities in Finance, Accounts, and the Digital domain. The Financial Modeling Courses in Hyderabad from ProSchool cover essential financial concepts and use an active learning methodology to teach the skill.
It provides dual certification from NSDC and NSE academy after completing the three-month course. The course prepares you for entry-level jobs in financial planning & analysis, investment banking, equity research, finance projects, etc. The system has five modules viz; problem-solving in excel, financial statement analysis, corporate finance, project finance, and equity modeling.
You can opt for both classroom or online learning at your convenience. They have training centers in Mumbai, Pune, Delhi, Gurgaon, Bangalore, Hyderabad, Chennai, and Kochi. For live classes, the course fee is Rs. 32000/-, and for distance learning, the cost is Es.20,000/-. You can enquire at email@example.com for further details.
Recommended Read: Financial Modeling Courses in India
6. Business and Financial Modeling Specialization Program from Wharton Online (by COURSERA)
This financial modeling course by Wharton School at the University of Pennsylvania has an amicable reputation when it comes to business studies. They offer a self-study course on payment of a monthly fee. So you can save up money if you complete the course faster. The program is made up of five different courses:
- Fundamentals of Quantitative Modeling
- Introduction to Spreadsheets and Models
- Modeling Risk and Realities
- Decision-Making and Scenarios
- Wharton Business and Financial Modeling Capstone
Though no prior experience is required to enroll in the program, it is advisable to know high school-level math. Please note that the certificate is issued by COURSERA and not Wharton School.
7. IB Institute
Investment Banking Institute is one of the oldest platforms for financial modeling & valuation course in India. They offer live classroom courses as well as online training for students and working professionals. They provide the following certifications:
- Certificate from NSE
- Certificate from Microsoft USA International Certification
- Financial modeling Expert using Excel & Macro from IB Institute
- Company Valuation and M&A Analysis from IB Institute
Enquire at tel:+917428449489 for further details.
8. RVM Finishing School
RVM Finishing School in Hyderabad is a leading institute offering a wide range of globally recognized courses in the Finance sector, including the Financial Modeling and Valuation course. They offer a 60-day FMEV (Financial modeling Equity Valuation) program with globally accepted certification. The key takeaways from the program are as under:
- 82 Hrs of learning with live mentor-led sessions online
- Opportunity to work on capstone projects
- Assured placement support in the investment banking sector across India
- Extensive 7-module course
Write to firstname.lastname@example.org for more info or to book a demo session on financial modeling.
Recommended Read: Business Accounting and Taxation Courses in Guwahati
Udemy is an online learning site. The site, which is well recognized for its brief and inexpensive certification courses, is ideal for anyone looking to pick up new, in-demand skills at reasonable costs. You can learn at any time and from any location in the world with self-paced learning programs that are simple to use and allow for inquiry submissions.
Udemy may be your best option if you want to learn at your own speed and receive acknowledged validation. Numerous eminent industry experts have created specialized financial modeling courses that are offered on Udemy. Although there are several possibilities available, we have included the best-selling selections to assist you in making a decision:
- Beginner to Pro in Excel: Financial Modeling and Valuation
- Financial Budgeting and Forecasting in Excel Complete Course
- Financial modeling for Business Analysts and Consultants
- Financial modeling: Build a Complete DCF Valuation Model
- Introduction to Financial Modeling for Beginners
The learning mode in Udemy is completely online and self-paced. Each course covers specific topics in the financial modeling domain for you to choose from as per your requirement.
10. Finance Edge
The Finance Edge Institute is the last institution on our list of the top financial modeling courses in Hyderabad. The institute seeks to offer top-tier learning solutions in the field of finance, driven by technical proficiency and creativity. The institute ensures top-notch education with a skilled team of 9 prominent professors that have a combined depth of expertise.
They have tech and operational staff for efficient program delivery to make learners’ journeys simple. They provide cutting-edge learning solutions both offline and online and have operations in London, New York, and Asia-Pacific as a swift reaction to Covid’s predicament. They take pleasure in being the most adaptable financial training supporter.
The course is available through online and offline mode both. This micro degree program has a comprehensive curriculum that covers all basic and advanced topics including Accounting, Financial Modeling, Valuation, LBO analysis, etc. You will have practical exercises hands-on training and lifetime access to the learning modules for your use anytime in the future.
Q.1. How difficult is the course of Financial Modeling?
There is no doubt that Finance, as a subject, is very challenging and complex. It is not easy to comprehend the relationships between various components that lead to making up the financial statement. But that should not stop you from acquiring this skill. With a good foundation of financial modeling skills and constant practice, you can become a master of it.
Q.2 How much salary can I expect at the beginning?
You can expect anywhere between 3-5 Lakhs per annum as an absolute beginner. As your experience and expertise grow with each passing year, the salary package also shoots.
Q3. I have done B.Com. Will the financial modeling course be helpful to me?
In today’s ever-evolving corporate world, the job opportunities related to Finance are not limited only to CA or MBA candidates; but also extend to fresh graduates from other backgrounds having expertise in Financial Modeling and other related skills.
Q.4 How long does it take to complete the course?
It depends on the program. But, generally, it takes anywhere between 1-3 months.
Q.5. Who all are eligible for doing the financial modeling course in India?
Though there are no specific criteria for enrolling in the course, students or candidates with accounts, finance, or economics background generally find it easier to understand the concepts better.
Q.6 Who are the top companies that recruit financial modelers?
A general list of companies that recruit candidates with financial modeling backgrounds includes Ernst & Young, Cisco, Goldman Sachs, World Bank, L&T Finance, and many others.
Q.7 How to become an expert in Financial Modeling?
Doing a course from a reputed institution won’t be enough if you want to be an expert in this field. Acquiring the skill and practicing them thoroughly in real-world situations will season you as an expert in this field.
Financial modeling can be thought of as a summary of a business’s successes based on particular characteristics that help with business forecasting for upcoming financial performances. It also functions as a tool that simulates assembled software, such as MS Excel to predict a company’s financial performance in the upcoming days. This blog provides with you an idea of the varieties of financial modeling courses offered in India, the range of incomes associated with each, and the firms that are in need of expertise. It’s your time now. Take an informed decision and choose the best institute and curriculum.