Financial modeling is a critical skill in the fast-paced financial sector, enabling informed decision-making and effective financial analysis. With Mumbai being a financial hub, the demand for proficient financial modelers is on the rise.

This article aims to guide aspiring financial professionals through the top 8 financial modeling courses available in Mumbai. We’ve evaluated these courses based on curriculum, faculty expertise, certification, and career advancement opportunities to help you make an informed choice for a thriving career in finance.

Selection Criteria for the List

Choosing the right financial modeling course is a pivotal step towards achieving mastery in financial analysis and valuation. Below are some key criteria to consider when selecting a financial modeling course in Mumbai:

  • Course Curriculum
  • Faculty Expertise
  • Institute Reputation
  • Practical Exposure
  • Student Reviews and Feedback

By meticulously evaluating financial modeling courses against these criteria, you’ll be well on your way to selecting a course that not only educates but propels your career forward in the finance industry.

Top 8 Financial Modeling Courses in Mumbai

1. Quintedge

The Financial Modeling Course by Quintedge in Mumbai is structured to offer a robust learning experience with over 100 hours of HD video content accompanied by detailed notes. The course is enriched by lectures from seasoned investment bankers and industry experts.

Besides theoretical learning, the course emphasizes practical application through hands-on Financial Modeling simulations. It also incorporates real-world case studies and examples from notable deals to provide a comprehensive understanding of the field.

Moreover, Quintedge assures 100% placement support, manifesting a pathway to a successful career in Financial Modeling for its attendees




  • Mock Interviews: They conduct mock interviews for the students to prepare them for the real world and the future opportunities to make sure you are ready by the time you complete the course.
  • Innovative learning methods: They utilise tech to make sure learning is engaging and not a snooze-fest. Their live projects and quizzes make sure it feels practical and is engaging at the same time.
  • Comprehensive Curriculum: The curriculum has been curated in a way that it is vast and covers everything for you to be industry-ready.


  • Advanced-Level Content: The course may delve into advanced topics quickly which might be challenging for beginners without a strong background in finance.
  • Course Pace: The pace of the course might be challenging for those with other commitments, underscoring the intensive, immersive learning experience Quintedge aims to provide.

Testimonial Summary

The Quintedge Financial Modeling course has garnered appreciation for its practical, industry-relevant curriculum. One associate at KPMG highlighted the course’s instrumental role in achieving her career goals in valuations, while a Senior Analyst lauded the hands-on teaching approach.

Another student from a non-finance background found the course to be a career changer due to the thorough explanation of basic concepts.

These testimonials reflect a high level of satisfaction among learners, showcasing the course as a commendable choice for those aiming to enhance their financial modeling skills and career prospects.

Contact Details

Contact Number: +91-7303381314


The Quintedge Financial Modeling course is indeed a prime contender in the financial modeling domain. Its meticulously crafted curriculum, delivered by seasoned industry experts, ensures a rich learning experience that melds theoretical knowledge with practical expertise. The innovative learning approaches, along with real-world case studies and hands-on simulations, provide a conducive learning environment for mastering financial modeling. While the pace and advanced content might pose challenges for some, the comprehensive curriculum and the unparalleled placement support underscore its standing as a significant player in the domain, making it a worthy consideration for individuals keen on forging a successful career in financial modeling.

2. Edupristine

The Certificate Program in Financial Modeling at Edupristine provides extensive classroom training by experienced faculty, aimed at equipping enrollees with skills essential for Financial Modeling. The related Financial Modeling courses offered by Edupristine further train individuals in creating financial models, a crucial aspect of Financial Modeling, covering various MS Excel tools and functions




  • Mastering Excel as a Tool: A significant part of the course involves mastering Excel, which is crucial for implementing financial models. Knowledge of Excel shortcuts, advanced functions, and the referencing framework are imparted to help students quickly implement their thoughts in Excel​​.
  • Dashboard Building: Students are trained to build dashboards to present the final results effectively, enhancing the usability of the models they create​


  • Focus on theory: The course is heavily focused on theory, and there is less emphasis on hands-on practice. This can make it difficult for students to apply what they are learning to real-world scenarios.
  • Lack of placement assistance: The course does not offer placement assistance, which can be a disadvantage for students who are looking for help getting a job in financial modeling.

Testimonial Summary

Students who have taken the EduPristine financial modeling course have praised the course’s comprehensiveness, the quality of the instructors, and the helpfulness of the course materials. One student said that the course “gave me a solid foundation in the basics of financial modeling.”

Overall, students have found the EduPristine financial modeling course to be a valuable learning experience that has helped them to develop the skills they need to succeed in a career in financial modeling.

Contact Details

Contact Number: 1800 200 5835


The Certificate Program in Financial Modeling courses at EduPristine, priced at 40,000, offer essential training in Excel and dashboard building, crucial for the finance sector. Despite a theoretical focus and lack of placement assistance, positive testimonials highlight the courses’ value in providing a solid foundation for aspiring finance professionals, making EduPristine a notable choice for individuals aiming to excel in financial modeling.

3. Imarticus Learning

Imarticus Learning is an award-winning educational institution with a strong presence across various cities in India including Mumbai. It offers a variety of specialised post-graduate, industry-certified courses, executive programs, and diplomas.

The Financial Modeling course is a part of their offerings, aiming to transform students into Financial Modeling operations experts. The course covers the fundamentals of financial markets, trade life cycle, risk management, and regulation. With a 150-hour extensive program, it also prepares students for job interviews at leading companies




  • Industry-Relevant Curriculum: The course is designed to cover the fundamentals and emerging trends in Financial Modeling.
  • Experienced Faculty: The faculty at Imarticus Learning comes with significant domain expertise and authority.
  • Resume & Profile Building: Assistance in crafting impactful resumes and profiles to stand out in the competitive job market.


  • Management Behaviour: The management behaviour towards students has been reported to be unprofessional and rude​1​.
  • Learning Management System (LMS) Content: The content on the Learning Management System is noted to not be of great quality​​.

Testimonial Summary

A student mentioned having a very good experience throughout the 3-4 month journey, gaining deep knowledge about Financial Modeling and improving interpersonal skills​​.

Some students who took the Financial Modeling courses at Imarticus Learning reportedly secured positions in top tier global investment banks and financial firms such as CITI, Barclays, Goldman Sachs, and Morgan Stanley​.

Contact Details

Contact Number: 099538 94060 


The Financial Modeling course by Imarticus Learning appears to provide a solid foundation for aspiring investment bankers, with a mix of online and offline instructor-led interactive sessions, case studies, and industry projects. The course fee is Rs. 1,40,000 and is designed for finance graduates with 0-3 years of experience, lasting 2 months for weekday full-time and 3 months for weekend part-time classes​​. While there are some concerns regarding management behavior and LMS content, the positive student testimonials and success stories reflect a promising outcome for those enrolling in this course.

4. BSE Institute 

The Certificate Program in Financial Modeling Operations offered by BSE Institute in Mumbai aims to provide a thorough understanding of the operational aspects of Financial Modeling. The course covers various facets such as asset management, trading, and compliance among others, to equip students with the necessary skills for a career in Financial Modeling operations.




  • Industry-Relevant Curriculum: Covers vital operational aspects of Financial Modeling, ensuring students are well-prepared for the industry.
  • Reputed Institution: BSE Institute’s reputation in the finance education sector could add value to the certification.
  • Practical Exposure: The course may provide practical insights into trading, asset management, and compliance, which are crucial areas in Financial Modeling.
  • Networking Opportunities: Being in a classroom with like-minded individuals and instructors with industry experience can offer networking opportunities.


  • Poor quality of instruction: Some students have reported that the instructors are not very knowledgeable or experienced, and that the instruction is often unclear and confusing.
  • Lack of structure and organisation: Some students have reported that the course is poorly structured and organised, and that the material is not covered in a logical sequence.

Testimonial Summary

Students who have taken the BSE Institute Certificate Programme in Financial Modeling have praised the comprehensiveness of the course, the quality of the instructors, and the helpfulness of the course materials. One student said that the course “gave me a solid understanding of all aspects of Financial Modeling.”

Overall, students have found the BSE Institute Certificate Programme in Financial Modeling to be a valuable learning experience that has helped them to develop the skills they need to succeed in a career in Financial Modeling.

Contact Details

Contact Number: +1800 22 9030


In conclusion, the BSE Institute’s Certificate Program in Financial Modeling Operations in Mumbai is a notable endeavour towards bridging the academic and professional realms of Financial Modeling. However, like any educational endeavour, the experience may vary significantly among different students. The pros such as industry-relevant curriculum and networking opportunities make it appealing, yet some cons like the reported lack of structured instruction could impact the learning experience. It’s crucial for prospective students to weigh the reported advantages against the drawbacks, and possibly seek further insights from alumni or the institute to make an informed decision that aligns with their career aspirations.

5. IMS Proschool

The Financial Modeling course at IMS Proschool, Mumbai, endeavours to empower students with comprehensive knowledge and practical skills essential for a flourishing career in Financial Modeling. This course meticulously covers transaction valuation and operations, paving the way for students to explore diverse job roles within the banking sector. 




  • Job Assurance: The PG in Financial Modeling Operations Course provides job assurance, aiding in the transition to IBO profiles for individuals with 0-3 years of job experience or those in their final year of graduation​2​.
  • Comprehensive Coverage: The course meticulously covers transaction valuation and operations, providing a well-rounded understanding of the crucial aspects within the banking sector. This comprehensive coverage can be beneficial for students aiming to explore diverse job roles within the banking and finance industry.


  • Students mention that the course is too theoretical and does not provide enough practical experience.
  • The placement assistance is not very good, and many students are unable to find jobs after completing the course. The institute is not able to meet the unrealistic job expectations they set at the start
  • The course material is outdated and does not cover the latest trends in the Financial Modeling industry.

Testimonial Summary

Several students have expressed appreciation towards Proschool’s courses. A student from the Financial Modeling course commended the faculty’s helpfulness​. Another praised the real-world insights provided in their course​, and a third appreciated the quality of study materials in the Financial Modeling course, hinting at a conducive learning environment.

Contact Details

Contact Number: 7710044425


The Financial Modeling course at IMS Proschool, Mumbai, showcases a mix of theoretical knowledge and practical insights, aiming to mold competent professionals in the banking sector. However, student experiences vary significantly, indicating the importance of individual expectations and career goals when considering this course. The contrasting testimonials underscore the need for prospective students to delve deeper, ensuring the course aligns with their aspirations before enrolling.

6. iPlan Education

The Financial Modeling course at iPlan Education is aimed at equipping finance professionals with the ability to create various financial models using MS Excel.

The course covers valuation, projections, and simulations for business decision-making, along with other aspects like corporate finance, management accounting, risk management, investment decisions, IPO valuation, and more




  • Industry Relevance: It prepares students for roles in Financial Modeling, private equity, hedge funds, and corporate finance.
  • Placement Support: Offers placement support to deserving candidates.


  • Outdated course materials: Some students have reported that the course materials are outdated and do not reflect the current state of the Financial Modeling industry.
  • Lack of support from instructors: Some students have reported that the instructors are not very responsive to questions and do not provide enough support to students who are struggling.

Testimonial Summary

Students who have taken the Financial Modeling course at iPlan Education have reported being very satisfied with the course. They have praised the instructors’ knowledge and experience, the comprehensiveness of the course materials, and the helpfulness of the hands-on exercises and projects.

One student said that the course “really helped me to apply the concepts I was learning.” Another student said that the course is “very well-structured and covers all aspects of Financial Modeling.” 

Contact Details

Contact Numbers: +91 8882 775 775, +91 11 49879623


The Financial Modeling course at iPlan Education offers practical skills and industry relevance, beneficial for aspiring finance professionals. Despite concerns over outdated materials and instructor support, positive testimonials reflect a satisfactory learning experience. The provided contact details allow easy engagement for those interested in exploring this course further.

7. CFI Education

The Certificate in Financial Modeling and Research (CIBR) program at CFI Education in Mumbai is designed to instil crucial skills required for a career in Financial Modeling.

It covers topics like Financial Modeling & Valuation, Merger & Acquisition (M&A), Pitchbook preparation, Fund Raising, Company Profile analysis, Industry Analysis, Equity Research Report Writing, along with soft skills training for interviews and CV building.

The course is available in both weekend and weekday batches, catering to various schedules of the participants​




  • Diverse Curriculum: The course offers a well-rounded curriculum covering various essential topics in Financial Modeling.
  • Flexible Schedule: With both weekend and weekday batches, the program provides flexibility to cater to different schedules.


  • Limited Access to Instructors: There’s limited access to instructors, making it a self-directed learning experience, which might be a challenge for some individuals needing more guidance
  • Not as comprehensive as some other courses: Some students have reported that the CFI Financial Modeling course does not cover all of the topics that they need to know in order to be successful in the industry.

Testimonial Summary

Testimonials from students include praises for the experienced faculty, aiding in the successful completion of the financial modelling course. The conducive learning environment and contemporary finance-related courses were also appreciated by students

Contact Details

Contact Number: 9354266554


The Financial Modeling course by CFI Education in Mumbai appears to offer a solid foundation for individuals aspiring to delve into the Financial Modeling sector. While the course comes with the advantage of a diverse curriculum and flexible scheduling, the online nature of the program and the relatively high cost might be deterrents for some individuals. The positive testimonials reflect a satisfactory learning experience, yet the cons highlighted suggest a need for prospective students to weigh the cost against the benefits and consider their personal preferences for more personal attention or not.

8. Fin Envision Learning

The Financial Modeling Course offered by Fin-Envision in Mumbai is designed to equip students with the skills needed to build financial models. This course covers various aspects of financial modeling, including Excel proficiency, valuation, and financial statement analysis, ensuring a well-rounded understanding for participants.

Through practical exercises and real-world examples, students will learn to create financial models from scratch, making this course a solid foundation for those looking to excel in fields requiring financial modeling expertise.




  • Comprehensive coverage: The course covers a wide range of financial modeling topics, from the basics to more advanced concepts. This makes it a good choice for both beginners and experienced learners.
  • Practical approach: The course is taught by experienced professionals who use real-world examples and case studies to illustrate the concepts. This helps learners to understand how financial modeling is used in the real world.
  • Affordable pricing: The course is very affordable, especially when compared to other financial modeling courses on the market.


  • Limited student support: Some learners have reported that the student support provided by Fin Envision Learning is not very responsive.
  • Heavy workload: The course is very comprehensive and covers a lot of material, which can make it difficult for learners to keep up.
  • Lack of hands-on experience: Some learners have reported that the course does not provide enough hands-on experience with financial modeling software.

Testimonial Summary

Students commend the Financial Modeling Course by Fin Envision Learning for its well-structured, comprehensive curriculum covering both basic and advanced concepts. They appreciate the knowledgeable instructors, variety of learning resources like video lectures, practice exercises, and case studies.

The course, noted for its practical focus, is deemed worth the effort despite being challenging. Its affordability is also highlighted as a significant advantage, making it a good choice for anyone keen on mastering financial modeling.

Contact Details

Contact Number: +91 73048-33625


The Financial Modeling Course by Fin-Envision stands as a commendable choice for individuals aiming to delve into financial modeling, without a hefty fee. With its comprehensive curriculum, practical teaching approach, and affordable pricing, it caters to both novices and experienced learners. Although faced with some challenges like limited student support and a hefty workload, the positive testimonials underline its value. The course’s practical focus, paired with the real-world expertise of the instructors, makes it a noteworthy option for those keen on mastering the nuances of financial modeling in a real-world context.

Comparison Table

QuintedgeEduPristineImarticus LearningiPlan EducationCFI EducationBSE InstituteIMS ProschoolFin Envision Learning
ProsComprehensive Curriculum, Innovative LearningMastering Excel, Dashboard BuildingIndustry-Relevant Curriculum, Resume BuildingIndustry Relevance, Placement SupportDiverse Curriculum, Flexible ScheduleIndustry-Relevant Curriculum, Reputed InstitutionJob Assurance, Comprehensive CoverageComprehensive Coverage, Practical Approach
ConsAdvanced-Level Content, Course PaceFocus on Theory, Lack of Placement AssistanceManagement Behaviour, LMS Content QualityOutdated Course Materials, Lack of Instructor SupportLimited Access to Instructors, Less ComprehensivePoor Instruction Quality, Lack of OrganisationToo Theoretical, Poor Placement AssistanceLimited Student Support, Heavy Workload

Study Materials and Preparation for Financial Modeling

Delving into the complex world of Financial Modeling necessitates a sturdy foundation of knowledge and adeptness in financial analysis. The cornerstone of this preparation lies in the acquisition of comprehensive study materials and a well-charted preparation strategy. Here’s a closer look at how you can equip yourself for a flourishing career in Financial Modeling:

Online Resources:

Websites like Investopedia, CFI, and Khan Academy offer a plethora of tutorials and articles that explain the intricacies of Financial Modeling concepts in a digestible manner.

Practice and Simulation:

Hands-on practice through case studies, financial modeling simulations, and mock trading platforms will enhance your practical understanding and application of theoretical concepts.

Networking and Industry Insights:

Network with industry professionals, attend webinars, and join Financial Modeling forums to gain insights into current industry trends and practices.

Certification Programs:

Enroll in certification programs like the Chartered Financial Analyst (CFA) or Certified Management Accountant (CMA) which are highly recognised in the Financial Modeling domain.

Mock Interviews and Resume Building:

Prepare for the recruitment process by engaging in mock interviews, and honing your resume with the help of career counselling centres or professional resume writers.

Stay Updated:

Keep abreast of the latest financial news, mergers, acquisitions, and other major financial events by following reputable financial news outlets and subscribing to finance-related publications.

The roadmap to mastering Financial Modeling lies in a well-rounded preparation strategy, complemented by robust study materials. As you embark on this rigorous yet rewarding journey, remember that persistent effort, continual learning, and a network of support will be your allies in achieving success in the Financial Modeling realm.

Opinion Poll

Which is the Best Financial Modeling Course in Mumbai?


Choosing the right financial modeling course is your stepping stone towards a promising career in Mumbai’s dynamic finance sector. Each course listed here offers unique insights and tools to propel you forward in your journey. Explore these courses, weigh the pros and cons, and take the leap towards mastering financial modeling. Your path to becoming a proficient financial modeler is just a decision away!

Frequently Asked Questions

Are there practical assignments included in these courses?

Yes, many of these courses emphasize hands-on training through practical assignments, real-world case studies, and financial modeling simulations

Do these courses offer job placement assistance?

Some courses like the ones offered by Quintedge and iPlan Education provide placement support, aiding students in transitioning to relevant job roles

What is the duration of these financial modeling courses?

The duration varies with some courses designed for a few weeks while others span several months, catering to both full-time and part-time learners.

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