Financial Modelling has become one of the crucial skills demanded by numerous companies, investment banks, and businesses. In the past few years, Financial Modeling has acquired a place in the list of core skills in the present corporate sector.
Furthermore, having finance degrees from standardized international or national institutes is not enough, but additional skill certifications too are sought after nowadays, Financial Modeling being the most important of them.
To augment this core skill, we have sorted out 6 best Financial Modeling courses offered by different institutes worldwide. The proficiency level ranges from beginners to experts, depending upon the course curriculum.
The top 6 Financial Modeling Courses are-
Quintedge
Quintedge stands out as the top choice for financial modeling courses, thanks to its industry-aligned curriculum and practical learning approach. With experienced instructors and hands-on projects, it provides a deep, real-world understanding of financial modeling. Ideal for those seeking to excel in the financial industry.
Suitability
This is a ‘Basic to Expert level’ Course. This course is perfect for working professionals and students interested in learning this skill from scratch up till an advanced level. No prior experience and knowledge in the field is required.
Fees
Quintedge’s Financial Modeling course offers two fee structures:
- ₹35,000 for the Live Classes option, which includes comprehensive training and resources, and
- ₹22,000 for the Self-Paced option, which provides similar materials with flexible access.
Additionally, they offer a Placement Assistance Program for ₹9,000, aimed at facilitating job placements for certified candidates.
Features
The prime features of the course are Up-to-date training material, Success based fees, 100% Placement assistance, Case based learning, Industry recognized certification
Instructors
Quintedge’s Financial Modeling course is taught by experienced professionals, including Yash Jain, a skilled trainer with Bain & Co. experience; Sudhanshu Kanwar, a former Goldman Sachs strategist; Rohit Sachdev, an expert in Options Trading from Deutsche Bank; and Ankita Agarwal, who specializes in investment strategy. These faculty members bring practical industry insights to enrich the learning experience.
Teaching Methodology
The faculty brings their real life business scenarios into the classroom, to simulate the actual working of an investment bank, using classroom discussions and case studies. Besides, they also run their own Investment banking firm due to which their curriculum remains up to date.
Reviews
The testimonials by the students vouch the huge network of recruiters through which institute helped them get placed in top firms. Besides, they also applaud their lead Faculty Mr. Yash Jain for his teaching methods and friendliness.
Rating
4.9/5
For those looking to elevate their skills in financial modeling, Quintedge’s course, led by industry experts, offers a unique opportunity to gain real-world knowledge and expertise. This course could be a valuable investment in your professional growth.
Wharton School, University of Pennsylvania [COURSERA]
This course is also offered by Wharton School, on Financial Modeling through Coursera. This program will assist a student to harness the power of spreadsheets to map and predict data, read income and cash flow statements, and creation of quantitative models.
Suitability
It’s a beginner level course. This course is for students with no prior knowledge about the subject. People who want to get a basic knowledge about this skill can go for this course.
Fees
The cost is $79 per month, and the duration of the course is a maximum of 4 months if 2 hours are devoted each week.
Features
The essential features incorporated in this course include Hands-on Project, Graded Assignments with peer feedback and an Industry recognized certification.
Instructors
The course instructors are Professors like Richard Waterman, Richard Lambert, Michael R Roberts, Don Huesman, and Christopher D. Ittner from the University of Pennsylvania. They are experts in the subjects they deal in, which include Statistics, Accounting, and Finance.
Teaching Methodology
The program is self-paced. However, the methodology used includes the touch of practical knowledge of the actual world corporate sector with the theoretical knowledge following the Elemental level.
Reviews
The course has been applauded a lot by the students for the course’s intelligibility . However, some of the instructors have been criticized for lack of dedicated guidance and rushing of the course.
Rating
4.5/5
We chose this course because this course helps a student to get basic level knowledge in a short time.
Udemy
The course is accessible to the students through Udemy. It is eminent among top companies like Netflix and Nasdaq for their employees. The focus of the course is on practical financial skills, which help the students to forecast their own startup business.
Suitability
It’s an Intermediate level course. This level is for interested students with working knowledge of basic excel/ spreadsheet core functionality, formulas, and cell references. It moderately touches upon the various topics of Business Modeling and Valuations.
Fees
The course is way too affordable with a massive discount offered by Udemy. It costs around $6 (INR 450). Also, the course provider extends a 30-day Money-Back Guarantee offer to the student.
Features
Essential features that are part of this course include 14 hours on-demand video, 9 articles, 600 downloadable resources, Full lifetime access, Certification
Instructors
The instructions are imparted by faculties of 365 Careers Inc. They have a large following of students worldwide. They are well-known for their knowledge in the field of Business, Finance and Data Science.
Teaching Methodology
The methodology is simple and coherent as the course is designed with 15 sections that consist of 7 case studies. The program is self-paced. Hence, it is learner-centric.
Reviews
More than 10,000 reviews for the course are available on the website. They majorly applaud the practice material, Advanced excel tutorials, and the detailed process used by the instructor to get the forecasted financials. However, it has been criticized by a few students that some of its content documents are outdated.
Rating
4.2/5
We selected this course because of the quality content and the step by step process used by the instructor which helps a learner grasp the concepts more easily.
CFI
Corporate Finance Institute (CFI) provides a Financial Modeling course taught by industry experts like Tim Vipond, a Canadian Investment Banker. Experts have coherently designed the syllabus by dividing the skill sets into 8-facets: Finance, Excel, Valuation, Budgeting & Forecasting, Presentation & Visuals, Accounting, Strategy, and Financial Modeling.
Suitability
This is also an Intermediary level course. This level is suitable for the students who have some basic knowledge about excel as well as accounting. This is to enhance the basic level of the established concepts in the field.
Fees
The institute offers two types of packs. One is the Self-Study package, accessible for $497, and the other is the Full Immersion package (which comes with professional support) for $847. Materials of both courses are available for a year.
Features
The foremost features offered by this institute in the course are- Guided case studies, Financial Models & Templates Library, Quizzes, PitchBook Access and Industry recognized certification.
Instructors
Industry Experts who have ample experience in the field are the tutors of the course. Tim Vipond, CEO of CFI, is the lead instructor, and since, 2005 he’s been an active participant in capital markets worldwide, including M&A, Valuations and Capital raising.
Teaching Methodology
The methodology varies from instructor to instructor. However, the standard method followed is flexible and emphasizes the critical skills necessary in making financial models from scratch.
Reviews
The students who earned the certification talk about the marvelous and clear course structure that helped them create and visualize financial models.
Rating
4.6/5
We selected CFI, as the alumni placed in reputed companies enhance the prestige of the course along with the institute. Also, the institute offers a 30-Day Money Back Guarantee for the students.
Wall Street Prep
The Wall Street Prep (WSP) introduced this course to simplify the core Financial and Valuation Modeling skill set. This course is used at top financial institutions and business schools to raise the learning bar from an intermediary to expert level.
Suitability
It is an ;Intermediary to expert; level course. This level is suitable for the students who have some basic knowledge about excel and finance, mostly students in their Finance PG or the existing employees of Financial institutions.
Fees
The course has a Premium Package, which costs a student $499, and comprises 7-modules with a duration of 63 hours 9 minutes.
Features
The features of this package are, Private online tutoring (Additional fee applied), Resume editing, Free and unlimited support, 38 Mini-Courses (Excel, Powerpoint, Accounting etc.), a Live online kickoff class, professional support and Certification.
Instructors
The program offers instruction from 70+ coaches who are industry experts working with firms and banks like Goldman Sachs, Morgan Stanley, Bank of America, Deutsche Bank, and many more. They also provide one-on-one training on additional charges.
Teaching Methodology
The learning takes off from intermediary level towards the advanced level of creating models, through a 6 step approach starting from Financial statement modeling and ending at LBO modeling. A pre-requisite for earlier experience in model creation is preferred for taking up this course.
Reviews
The course serves as an aid to top-ranking Universities students and Financial institutions. The testimonials by students mention tactics and the practical knowledge about the subject that the instructors share during the training program.
Rating
4.0/5
We chose WPS as an add-on course for Finance students and professionals who don’t want to go through the basics again.
Breaking Into Wall Street
The Breaking Into Wall Street (BIWS) offers a Financial Modeling course in 15 modules with global case studies. The cardinal objective of the course is to familiarise students with real-world knowledge.
Suitability
Expert level: This level is perfect for working professionals and students interested in refining their MS excel and Business Modeling skills. Also, having a prior experience and knowledge in the field is required.
Fees
The course is available for $397 with the 100% unconditional Money-Back Guarantee valid until 90 days of payment made. For this amount, personal support is added for 24 months, for free. Minimum of 3-4 weeks and a maximum of 3-4 months are required to finish the course.
Features
The significant features of the course package includes, 308 hours of instructional videos, practice exercises, Quiz questions, Track of progress and notes and Course Certification.
Instructors
Brian DeChesare, founder of BIWS, is the lead faculty. He’s a graduate from Stanford with experience in Tech PE and VC firms. He has been running BIWS from the past 14 years, which is a considerable amount of experience.
Teaching Methodology
The focus is put upon a ‘single step to multiple steps’ learning, including case studies to clear the picture. The creation of each model is in accord with the end of the first model, and the next one will be using the skills learned in the previous one making the course practical and deep-rooted for the long run.
Reviews
The student reviews talk about the direct support of the lead instructors and professional guidance they received throughout the training. In addition, the lucid course structure aids students in obtaining practical knowledge slowly and gradually.
Rating
4.1/5
We selected BIWS because the course structure is designed in a manner, to help the students move gradually and slow pace towards the mastery of the subject.
Frequetly Asked questions
Financial Modeling is one of the most demanded skills nowadays within different industrial and corporate sectors. Thus, a course in Financial modeling is worthy.
The time differs for the course according to the curriculum designed by different institutions which provide the training ranging from 1 week to 6 months