Top 5 Financial Modeling Courses in Kenya With Placements

Financial modeling courses in Kenya offer professionals and aspiring finance experts a comprehensive education in financial analysis and modeling techniques. With a focus on Excel proficiency and real-world applications, students will learn to create and analyze financial models, understand financial statements, and evaluate company performance. These courses are designed to help professionals and entrepreneurs make informed decisions, develop effective financial strategies, and advance their careers in finance and business.

What is Meant by Financial Modeling?

Financial modeling is the process of creating a numerical representation of a financial asset or portfolio of assets, in order to analyze and make predictions about its potential performance. This can include forecasting cash flows, calculating the present value of future cash flows, and estimating the value of an investment. Financial models are used by businesses, investors, and financial analysts to make informed decisions about investments and strategic planning.

What Can You Expect to Learn in Typical Financial Modeling Courses in Kenya?

1. Excel skills: The course will cover basic to advanced Excel skills, including spreadsheet setup, formatting, organization, using formulas and functions, and using shortcuts to increase efficiency.

2. Financial statements: Participants will learn how to build and analyze financial statements, including the balance sheet, income statement, and cash flow statement. They will learn to understand how these statements are interrelated and how they can be used to assess the financial health of a company.

3. Modeling techniques: The course will cover the basics of financial modeling, including building a financial model from scratch, and using ratios, projections, and valuations. Participants will learn how to make assumptions, project revenue, and expenses, and analyze the results of their models.

4. Industry-specific models: Participants will learn how to build financial models specific to different industries, such as real estate, healthcare, technology, etc. They will learn how to make assumptions, projections, and valuations that are industry-specific.

5. Best practices: The course will cover best practices for financial modeling, including model auditing, documentation, and presentation. Participants will learn how to check their models for accuracy and consistency, document their models for future reference, and present their results effectively to stakeholders.

6. Additional topics: Depending on which Financial Modeling Courses in Kenya one chooses to pursue, you could expect to learn additional topics which may include sensitivity analysis, scenario analysis, Monte Carlo simulation, and other advanced financial modeling techniques. These topics will allow participants to analyze the impact of different variables on their models, simulate different scenarios, and make more informed financial decisions.

Who Could Consider Doing Financial Modeling Courses in Kenya?

Financial modeling courses in Kenya can be beneficial for individuals in a variety of roles, including:

1. Financial analysts: For those working in finance, investing, or financial planning, a financial modeling course can help to improve their analytical skills and their ability to make informed decisions.
2. Investment bankers: Investment bankers often use financial models in their work, and a financial modeling course can help to improve their proficiency and accuracy in building models.
3. Accountants: Financial modeling skills can be beneficial for accountants, especially those working in areas such as budgeting, forecasting, and financial planning.
4. Business professionals: For those working in business, finance, or management, a financial modeling course can help to improve their understanding of financial statements, financial ratios, and other financial metrics.
5. Entrepreneurs: Entrepreneurs and small business owners can benefit from financial modeling courses as they learn to develop financial projections, understand their cash flow, and make informed decisions about their businesses.
6. Students: Students studying finance, economics, business, or related fields can benefit from financial modeling courses as they learn to apply their theoretical knowledge to real-world scenarios.
7. Women navigating a career re-entry in finance after a career break: A financial modeling course can be beneficial for women who have taken a career break after having children or for various other reasons. Financial modeling provides a set of skills and techniques that are useful in various financial jobs, including investment banking, private equity, and corporate finance. By taking a financial modeling course, these women can enhance their understanding of financial concepts and tools and potentially re-enter the workforce with a valuable new skill set.

Overall, anyone looking to improve their financial modeling skills, gain a better understanding of financial metrics or make more informed financial decisions may benefit from financial modeling courses in Kenya.

Top 5 Financial Modeling Courses in Kenya

There is a myriad of Financial Modeling Courses in Kenya you can choose from in order the enhance your career prospects and learn a new skill.

1. IIM SKILLS

IIM SKILLS is a premier online ed tech company that utilizes cutting-edge technology and innovative teaching methods to provide high-quality online education to students around the world. Their platform offers a wide range of courses, taught by experienced instructors, allowing learners to expand their knowledge and skills from the comfort of their own homes.

They are amongst the top-ranking institutes offering Financial modeling courses in Kenya. With their focus on student success and satisfaction, they are committed to providing the best online learning experience possible.

Special Features of Financial Modeling Course:

• Master Certification: The course is authorized by the MSME Govt of India and provides a Master Financial Modeling Certification.
• Students will benefit from 24/7 support and care from a team of over 2000 experts, as well as placement assistance from the dedicated placement cell.
• Placement Assistance: Obtain 100% placement assistance from our dedicated placement cell.
• The course offers hands-on learning through multiple assignments, case studies, and projects, and students will have lifetime access to all course materials via the user-friendly LMS.
• Excellent Faculty: The faculty are renowned Industry people who are very driven and very approachable.

Fees: 60,423.06 Kenyan Shillings +18% GST

Duration: 3 Months

The Comprehensive Curriculum for the Financial Modeling Master Course at Indias’s leading online institute IIM SKILLS covers the following topics:

• Understanding the concepts of financial modeling and financial statements
• Building effective, practical financial models to analyze historical data, make future projections, and present financial statements, ratios, and outputs
• Gaining a strong grasp of the fundamental principles of financial modeling and applying them to real-world business problems
• Developing expertise in conducting analysis, drawing conclusions, and making recommendations
• Analyzing past company records to predict potential outcomes for future business ventures
• Learning various methods for calculating financial data and parameters.

The Following Are the Skills Gained After Pursuing Financial Modeling Courses:

• Critical and analytical skills
• Problem-solving skills
• Communication and presentation skills
• Keen attention to detail
• Substantial finance and accounting skills
• Prowess to define high-end strategies
• Requisite skills and methods for valuation
• Advanced Excel
• Master crucial Excel formulas
• Learn to frame dynamic finance models

Career Prospects after pursuing Financial modeling courses in Kenya:

One can consider a career in any of the following fields:

• Business Analysts
• Research Analyst
• Merger and Acquisition Associate
• Equity research analyst
• Investment banking associate
• Junior manager for financial planning and analysis
• Debt syndication junior executive
• Accountants
• Portfolio managers

2. Udemy

Udemy is an online learning platform that offers a wide range of financial modeling courses for individuals looking to enhance their skills in the finance and investment industry. Whether you are an aspiring finance professional, an entrepreneur, or simply looking to upgrade your knowledge, Udemy has a course that fits your needs.

Some of the Popular Financial Modeling Courses in Kenya That Are Available Online on Udemy Include:

1. Financial Modeling Fundamentals:

This course covers the basics of financial modeling and is ideal for beginners who have little or no experience in finance. It covers topics such as building financial statements, discounted cash flow analysis, and sensitivity analysis. In this financial modeling course, participants will gain an understanding of how to model different sectors for use in corporate finance, investment banking, commercial banking, and portfolio management.

The course uses Microsoft Excel as the main tool to cover various types of financial models such as financial statement models, investment banking models, M&A models, buyout models, and discounted cash flow (DCF) models.

This course is ideal for both students and professionals who are looking to hone their Excel modeling skills. Whether you’re an aspiring finance professional or simply looking to improve your knowledge in the field, this course will provide you with a comprehensive understanding of financial modeling.

Duration: 2 hours online

Fees: INR 649

2. Advanced Financial Modeling:

This course is designed for individuals who already have a basic understanding of financial modeling and want to take their skills to the next level. It covers more advanced topics such as:

• Monte Carlo simulation
• Option pricing
• Real options analysis

In this financial modeling course, you will gain a comprehensive understanding of financial modeling techniques and best practices. The curriculum covers the following topics:

1. Introduction to financial modeling
2. Bottom-up and top-down approaches to financial modeling
3. In-depth exploration of the construction phase, including forecasting revenue, costs, working capital, debt, and interest
4. Guidelines for creating an effective financial model
5. Scenario analysis and sensitivity testing
6. Real-life case studies, including financial modeling for IPOs, startups, mergers and acquisitions, and project financing, with a focus on financial modeling for the Covid-19 pandemic.
7. Upon completion of the course, participants will have the ability to design and build comprehensive financial models, create dashboards using those models, and use financial models in business valuation. They will also be equipped with the knowledge to analyze models and make informed decisions.

Fees: INR 649

Features: 7.5 hrs on-demand video

3. Financial Modeling for Startups:

This course is specifically designed for startups and entrepreneurs who want to learn how to create financial models to evaluate their business ideas and make informed decisions. This course provides a hands-on guide to speeding up your business operations, especially if you’re a startup or small/medium-sized business.

The focus is on practical tips and tools with little theory, but many examples and real-world insights. You will learn the following:

• What your business model is and what to focus on for success
• How to track and evaluate your business using Excel
• How to make informed decisions based on your Excel-based business model

About 4 online business models (e-commerce, marketplaces, SaaS, and media sites) and 2 traditional ones (restaurant and consulting firms).

Duration; 3 hours of on-demand videos

Fees: INR 649

4. Excel for Financial Modeling:

This course focuses on teaching individuals how to use Microsoft Excel to build financial models. It covers topics such as advanced Excel functions, macros, and pivot tables. A comprehensive guide to financial modeling in Excel:

• Become an Excel expert
• Build sound financial models in Excel
• Gain an in-depth understanding of the mechanics of company valuation
• Create professionally formatted files
• Demonstrate superior Excel skills at work

Duration: 15 hours of on-demand videos

Fees: INR 649/-

After finishing the course, you will have the skills to:

1. Expertly use Microsoft Excel and its advanced features
2. Be among the top Excel users on your team
3. Complete tasks efficiently
4. Create a profit and loss statement from raw data
5. Develop a cash flow statement
6. Evaluate a company’s value
7. Build a valuation model from scratch
8. Analyze multiple scenarios
9. Create professional, advanced charts
10. Master Excel functions, pivot tables, visualizations, and other features for proficiency.

Recommended Read: Financial Modeling Courses in India

3. Coursera

Financial modeling courses in Kenya offered by Coursera provide students with the skills and knowledge needed to build and analyze financial models in Excel. These courses range from beginner to advanced levels and cover topics such as financial statements analysis, valuation, budgeting and forecasting, and risk management.

Some of the key skills and concepts taught in these courses include Excel functions and formulas, creating pro forma financial statements, discounted cash flow analysis, sensitivity analysis, and creating charts and graphs to visually display financial data.

These courses are designed for finance professionals, business analysts, and anyone looking to expand their knowledge and skills in financial modeling. With hands-on projects and real-world examples, students will learn how to apply financial modeling techniques in real-life situations.

Here is a brief overview of some of the most popular and highly-rated financial modeling courses on Coursera:

1. Think like a CFO Specialization:

This is one of the Popular Financial Modeling Courses in Kenya available online which is offered by IESE Business School, University of Navarra. Upon completion of the “Think like a CFO” Specialization, you will become proficient in the language of finance and develop a strong understanding of accountability, operational finance, and corporate finance.

You will acquire the skills to diagnose and resolve a company’s financial challenges and be able to read, analyze, and discuss financial statements for informed decision-making. Additionally, you will gain insights into financial issues facing companies, investors, and their interactions in the capital markets, enabling you to make better business and personal financial decisions.

This course provides an overview of corporate finance and covers topics such as capital structure, valuation, and risk management. This entire course consists of the following 4 individual courses:

1. Accounting: Principles of Financial Accounting
2. Finance for Managers
3. Corporate Finance Essentials 1
4. Corporate Finance Essentials 2

Skills one will acquire in this course:

1. Financial Accounting
2. Accounting
3. Financial Statement
4. Balance Sheet
5. Dupont Analysis
6. Management Accounting
7. Business Analysis
8. Finance
9. Corporate Finance
10. Financial Risk
11. Evaluation
12. Investment

The entire course takes approx. 6 months to finish.

Fees: Each of the specializations costs approx. $49 so the total cost would be around less than $200.

Eligibility: No prior experience is required for the course. 100%online course.

2. Business and Financial Modeling Specialization:

This course is offered through Coursera by Wharton, University of Pennsylvania. This course aims to equip individuals with the ability to make informed business and financial decisions by teaching them spreadsheet modeling, various modeling techniques, and their applications in investment analysis, company valuation, forecasting, and other relevant fields.

Upon completion of the specialization, participants will be able to analyze data, create scenarios, and make predictions about performance.

Topics taught in this course:

1. Financial Modeling
2. Microsoft Excel
3. Simulation
4. Linear Programming (LP)
5. Modeling
6. Linear Regression
7. Probabilistic Models
8. Regression Analysis
9. Monte Carlo Method
10. Solver
11. Risk
12. Cash Flow

This specialization consists of 5 topics:

1. Fundamentals of Quantitative Modeling
2. Introduction to Spreadsheets and Models
3. Modeling Risk and Realities
4. Decision-Making and Scenarios
5. Wharton Business and Financial Modeling Capstone

Duration: approx. 6 months

3. Introduction to Corporate Finance offered by the University of Pennsylvania Wharton:

The “Fundamentals of Finance” course gives a brief overview of financial basics and their use in real-life situations such as personal finance, business decision-making, and financial intermediation. Important ideas and practical examples include the value of money over time, balancing risk and reward, the cost of borrowing money, savings for retirement, mortgage and car loans, budgeting for investments, estimating the value of assets, and analyzing investment options using discounted cash flow, net present value, internal rate of return, and payback period.

What will you learn in this course:

• Discounted Cash Flow
• Decision-Making
• Corporate Finance
• Cash Flow Analysis

Topics covered in this course:

1. Time value of money
2. Interest Rates
3. Discounted cash flow analysis
4. Return on investment

4. IIM Kozhikode Financial Analysis and Financial Management course

The Financial Analysis and Management program from IIM Kozhikode is designed to enhance your career with comprehensive financial knowledge. The program covers topics ranging from basic finance and accounting to advanced risk management and corporate valuation. Delivered through interactive online sessions, it provides the opportunity to learn and apply various financial strategies and frameworks.

Module1 Introduction

• Introduction to FAFM
• Introduction to Excel
• Advanced Topics in Excel
• Mathematics and Statistics for Finance-I
• Mathematics and Statistics for Finance -II

Module 2: Financial Accounting and Analysis

Module 3: Financial Instruments and Markets

Module 4: Investment Management

Module 5: Corporate Finance

Module 6: Corporate Valuation

Module 7: Investment Banking

Module 8: Management and Fintech

Capstone Project

Duration: 10 months live online

Fees: INR1,74,000+ GST

Eligibility: Graduate/diploma holders in any field with 1-year minimum work experience

5. Grant Thornton: Certificate in Financial Modelling and Valuation Online

The Grant Thornton L&D Academy’s “Certificate in Financial Modelling & Valuation Online Live” program is tailored for working professionals and students, providing practical experience in financial modeling and valuation. The program is designed to impart a strong understanding of the concepts and industry practices through case studies, ensuring that participants can apply their knowledge to their job roles.

The program will equip participants with the skills to develop financial models that offer valuable insights into business opportunities and risks. Additionally, the program will help individuals evaluate the performance of financial assets, business projects, and other investments.

The Syllabus Would Include the Following Topics:

• Excel
• Basic Business Model
• Financial Statements
• Valuation
• Financial Model – Data:
• Modeling
• Valuation
• Project Valuation – Introduction
• Project Valuation – Creating a Model for NPV & IRR
• Modeling Delays
• Project Valuation – Circular Logic and looping
• Project Valuation – Creating EPC Schedule
• Project Valuation – CAPEX Schedule
• Project Valuation – P&L
• Project Valuation – Asset Schedule
• Project Valuation – Valuation
• Project Valuation – GANTT Chart
• Visualization – Interactive Excel Dashboard
• M&A – Introduction
• M&A – Evaluation
• M&A – Valuation

Fees: INR 30,000+taxes

Duration:70 hours of Study

• 40 hours of instructor-led sessions through CISCO WEBEX
• 30 hours of recorded VBA & additional Case studies

Eligibility Criteria: This course is open for the following people

• Investment bankers
• Equity researchers
• Professionals working in corporate finance or the M&A domain
• Chartered Accountants
• MBA finance and commerce graduates
• Professionals working in the finance domain

FAQs

Q. What skills do I need to become a financial modeler?

To become a financial modeler, one needs the following skills:

• Strong analytical and mathematical skills
• Knowledge of financial concepts and economics
• Excellent proficiency in spreadsheets and financial modeling software
• Excellent attention to detail
• Excellent communication skills to present complex financial information
• Good business acumen
• work with large data sets and databases
• Adaptability and willingness

Q. Is Financial Modeling a good career choice?

Financial modeling is considered a highly desirable career in finance, with the demand for skilled professionals in this field remaining strong. As a result, financial modeling courses are a highly sought-after training program for individuals seeking a career in finance. The salary in India is anywhere between Rs 4.2 lakhs to Rs 7 lakhs.

Q. Are financial modeling courses in Kenya useful?

Financial modeling courses in Kenya can be useful for those who are looking to build financial models or gain a deeper understanding of financial modeling concepts and techniques. Financial modeling is an important skill in finance, investment banking, and related fields, as it helps to build models that can assist in decision-making, investment analysis, and risk management. However, the usefulness of a financial modeling course will depend on the individual’s career goals and the specific demands of their job or industry.