Have you ever wondered how any small or big company decides its future financial strategies and policies or what factors they consider? Or do they just rely on some guesswork or intuitions? Most companies and businesses take the help of financial modeling for this purpose. Financial modeling has become crucial for any business to be sustainable, proactive, and profitable. If you are looking for financial modeling courses in Delhi, then this article is for you.
This article will guide you through all the essential information you need to know about financial modeling and top financial modeling courses in Delhi.
What is Financial Modeling?
Financial modeling is a process of developing or using a ready financial model that can predict the financial future of a company or a business. These financial models make use of information regarding income, expenses, cash flow, and profit, to make future financial decisions.
There can be different types of financial models for different scenarios. Financial models are written mostly in excel spreadsheets. In short, financial modeling is a process of making data-driven future financial decisions, policies, and strategies for the growth of any business.
Eligibility Criteria for Financial Modeling Courses in Delhi
There are undergraduate, and postgraduate degrees, and stand-alone short-term courses available in the field of financial modeling in India. The eligibility criteria for opting for financial modeling courses in Delhi are as follows:
- For the undergraduate (UG) degree program, 10+2 passing with a minimum of 40% from a recognized board is required.
- For the postgraduate (PG) degree program, undergraduate passing with a minimum of 40% from a recognized university is required.
- Many degree colleges and universities also offer entrance exams for UG and PG financial modeling courses in Delhi.
- For other stand-alone financial modeling courses in Delhi, eligibility criteria change from course to course.
- Anyone can opt for degrees and financial modeling courses in Delhi. However, it is recommended to have prior knowledge in subjects like accounting, finance, and mathematics.
Types of Financial Models
There are a variety of financial models readily available in which slight to extensive modifications can be done according to the situation, need, and purpose of a company. One can learn these models in financial modeling courses in Delhi. However, here is a list of the popular fundamental financial models that are widely used.
- 3-Statement Financial Model
It is the most common kind of financial model. It consists of three statements namely income, cash flow, and balance sheet. Based on these three elements, future financial events are predicted.
- Discounted Cash Flow (DCF) Model
It predicts the ability of a company to generate cashflows in the future.
- Merger Model
It is an advanced-level financial model used to evaluate and analyze the accretion and dilution of a merger or an acquisition.
- Initial Public Offering Model
It predicts the future value of a company in terms of its public relations. For example, this model can predict how much an investor will predict in the company.
- Leveraged Buyout Model
It predicts the company’s future buyouts and debts.
- Sum of the Parts Model
This model is used to analyze the value of each segment of a company separately.
- Consolidation Model
It gathers the financial results of multiple businesses in a single model.
- Budget Model
It predicts the financial and budget events in the upcoming years.
- Forecasting Model
This model is used for financial analysis and budget predictions.
- Option Pricing Model
This is a model having a pure base of mathematical formulas for the prediction of the financial future of a company.
Top Recruiters in Financial Modeling
As financial modeling is gaining enormous importance in the field of banking and finance of any company, the number of recruiters in this field is also growing rapidly. Here is a list of some of the top recruiters in financial modeling in India.
- Ernst & Young
- Crisil
- Cognizant Technologies
- Aranca
- Deloitte
- PwC
- Axium Consulting Group
- Tata Capital
Skills Required for Financial Modeling
If you possess these skills in financial modeling, then your resume would no doubt stand out. Along with analytical skills like giving attention to great details, simplification of complex problems, and forecasting skills, here is the list of other essential skills for financial modeling:
- Accounting
- Finance Fundamentals
- Microsoft Excel
- Advanced Microsoft Excel
- Numerical Ability
- Ability to Link Financial Statements
One can get to learn these skills in financial modeling courses in Delhi.
Career Options After Completion of Financial Modeling Courses in Delhi
Once you are equipped with the set of all essential financial modeling skills, the following careers open the doors to apply. These skills can be acquired through various undergraduate and postgraduate financial modeling courses in Delhi.
Financial Analyst
Some of the major job responsibilities of a financial analyst are as follows:
Job Description:
- To evaluate the stock performance
- To assist in investment decisions
- To compile and analyze financial data and find trends and patterns
- To predict business results
Risk Management Analyst
Some of the major job responsibilities of a risk management analyst are as follows:
Job Description:
- To analyze the present data and predict the possible future financial risk for the company
- To research and predict the events that can cause financial loss
- To suggest strategies to avoid financial loss and related events
Equity Research Analyst
Some of the major job responsibilities of an equity research analyst are as follows:
Job Description:
- To look after the stock and keep the stock record
- To help managers make better-informed investment policies
- To recommend the companies about the investors
- To suggest the companies about investments, sales, and purchase
Investment Banker
Some of the major job responsibilities of an investment banker are as follows:
Job Description:
- To come up with methods for raising the cash, merging, and acquisitions
- To suggest strategies to save time and money by recognizing the possible risks
- To provide consultation about purchasing and selling securities
Mergers and Acquisition Associate
Some of the major job responsibilities of a merger and acquisition associate are as follows:
Job Description:
- To invigilate the entire process of merging and acquisition
- To give suggestions about possible mergers and acquisitions
- To decide whether a merger and acquisition are suitable for the company or not
Debt Syndication
It comes into the picture when there are multiple fund lenders or investors for a single borrower. Some of the major job responsibilities of debt syndication are as follows:
Job Description:
- To analyze the lending capabilities of available investors
- To increase the credibility of the borrower or the project
- To analyze the investing groups and the related pros and cons, risks, etc.
Salary After Completion of Financial Modeling Courses in Delhi
After completion of financial modeling courses in Delhi, salary changes with job roles, experience, skills, and the hiring company. However, according to Ambitionbox, with experience, the common range of salaries for different job roles in financial modeling in India is given below for reference.
| Job Role | Salary Range Per Annum |
| Financial Analyst | INR 2.2 lakhs – INR 10.7 lakhs |
| Risk Management Analyst | INR 2.0 lakhs – INR 15.8 lakhs |
| Equity Research Analyst | INR 2.4 lakhs – INR 21.8 lakhs |
| Investment Banker | INR 1.9 lakhs – INR 27.7 lakhs |
| Mergers and Acquisition Associate | INR 3.8 lakhs – INR 30.0 lakhs |
| Debt Syndication | INR 2.1 lakhs – INR 10.0 lakhs |
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Top 10 Financial Modeling Courses in Delhi
If you are located in Delhi or wish to move to Delhi, then many options become open for financial modeling training. If you are working or going to work within the field of finance, then having financial modeling skills is an added advantage while applying for jobs. Some of these short-term courses can be completed online while sitting at home from anywhere.
1. IIM SKILLS
IIM SKILLS is a government-recognized and renowned online training platform providing various courses in the field of marketing, accounting, and writing. Its headquarter is in New Delhi. It has a presence in various states and cities of India and Dubai, as well. In the field of finance, it provides the following course.
Course Name: Financial Modeling Course
Eligibility: It has no fixed prerequisites. In addition to graduates, this course is suitable for candidates pursuing CA, MBA, FRM, and CFA, as well.
Duration: 3 months of live training including a guaranteed internship for 2 months
Mode: Online Live Training (It provides all video recordings as well, in case you miss live training)
Fee: INR 39,900 + GST
Certificate: It provides a globally recognized course completion certificate.
Course Curriculum:
This course has the following modules:
- Basic to Advanced Levels of Excel
- Concepts of Accounting and Financial Statements Making
- Analysis of Ratios like Activity Ratios, Liquidity Ratios, Solvency Ratios, Profitability Ratios, and Valuation Ratios
- Technical Aspects of Financial Modeling
- Different Financial Models
- Business Valuation, DCF Valuation, Blended Valuation, Pre and Post-Money Valuation
Highlights of the Course:
- Guaranteed Placement Assistance
- Lifetime Access to Resource Material
- 24/7 Online Support
- Assistance in Mock Interview Preparation
Contact
E-mail: info@iimskills.com
Phone: +91 9580740740
Address:
H B Twin Tower, 8th Floor, Max Hospital Building, Netaji Subhash Place, Pitampura, New Delhi – 110034.
2. Corporate Finance Institute (CFI)
It is a popular online course-providing platform accredited by the Better Business Bureau, the National Association of State Boards of Accountancy from the US, and CPA Institutions from Canada. It provides courses in accounting, finance, financial modeling, business intelligence, machine learning, etc. Its headquarter is in Canada.
Course Name: Financial Modeling and Valuable Analyst
Eligibility: None. These courses are designed for all students and professionals of any level i.e. basic to advanced.
Duration: Up to 1 year. self-paced.
Mode: Online
Fee: $847/year for a full package. $497/year for self-studies that exclude bonus materials like access to Macabacus, Capital IQ, Definitive Workspace, Pitchbook, Vertical IQ, etc.
Certificate: It provides the course completion certificate. (Minimum passing percentage is 70%)
Course Curriculum:
This course has the following 4 steps
Step 1: Preparation Courses (Optional)
For beginner-level candidates, there are the following eight preparation courses.
- Fundamentals of Accounting
- Financial Statement Reading
- Fundamentals of Excel
- Fundamentals of Corporate Finance
- Corporate Finance Mathematics
- Growth and Risk Factors Analysis
- Fundamentals of Capital IQ
- Fundamentals of Macabacus
Step 1: Core Courses (Compulsory)
For a strong foundation in financial modeling and valuation, one has to complete the following core courses.
- Basics of Financial Analysis
- Principles and Standards of Accounting
- Operational Modeling
- Modeling of DCF Valuation
- Modeling of 3-statement
- To Study Budgeting and Forecasting
- Cashflow Forecast Model
- Analysis in Excel
- Visualization of Data and Dashboards
- To Study Pitchbooks and PowerPoint
- To Study Professional Ethics
Step 3: Elective Courses
Candidates will have to complete at least 3 out of 18 elective courses.
Step 4: Final Exam
Highlights of the Course:
- It has 190+ interactive exercises to do with their guided simulations
- Hands-on modeling over real-world projects
3. The Wall Street School, New Delhi
Along with Delhi, it has a presence in Mumbai, Jaipur, and Ludhiana.
Course Name: Financial Modeling and Valuations
Eligibility: None
Duration: You can enquire about the course duration at the contact details given below.
Mode: Classroom Training, Online Live Training, Online Self-paced Video
Fee: INR 50,000 + GST for weekly classes (Monday to Friday, 6 hours every day)
INR 42,000 + GST for 2.5 Months of weekend classes
Course Curriculum: It has the following modules:
- Beginner to Moderate Level of Excel
- Advanced Level of Excel and PowerPoint
- Fundamentals of Finance
- Business Modeling
- Comparable Company Analysis
- Precedent Transactions
- Valuation of Discounted Cash Flow
- To Study Merger Models
- To Study Leveraged Buyout
- Assistance in Mock Interviews and Resumes
Highlights of the Course:
- They charge a 40% fee initially and the remaining 60% after placements
- They provide a free demo video
- The course is available in three modes: online self-paced videos, classroom training, and live online training
Contact
E-mail: info@wallshtreetscool.com
Phone: +91 9953729651
4. IMS ProSchool, Hyderabad
It is an education provider with its headquarters in Hyderabad. Along with Hyderabad, it has a presence in seven other cities in India. It provides various courses in data science, digital marketing, business analytics, financial analysis, cyber security, financial modeling, etc. It provides these courses online as well as in classroom mode.
Course Name: It provides the following two courses in financial modeling.
- Financial Modeling Plus
Eligibility: None
Duration: 3 months
Mode: Online or Classroom
Fee: You can enquire about fees at the contacts given below.
Course Curriculum: It has the following five modules:
- Excel: Problem-Solving
- Analysis of Financial Statements
- Corporate Finance
- Project Finance
- Modeling of Equity
- Financial Modeling Advanced
Eligibility: None
Duration: 5 months
Mode: Online or Classroom
Fee: You can enquire about fees at the contacts given below.
Course Curriculum: It has all five modules from the Financial Modeling Plus course. In addition to these five modules, it has the following additional module.
- Advanced Finance Modeling
Contact:
Phone: +91 7710044425
E-mail: delhi@proschollonline.com
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5. Investopedia Academy
It is a U.S.-based online education providing platform. It provides various courses in investments, trading, cryptocurrency, and finance.
Course Name: Financial Modeling
Eligibility: None
Duration: 8+ hours of online on-demand videos
Mode: Online
Fee: Approx. INR 16,220
Certificate: It provides the certificate of enrollment.
Course Curriculum: It has the following modules.
- To study a simplistic financial model
- To study break-even and sensitivity analysis
- To study real-life instructions
- To study scenario analysis
- To study Capex and depreciation instructions
- To study depreciation schedules
- To study working capital instructions
- To study instructions for shortening the cash cycle
Highlights of the Course:
- Lifetime access to course material
- Self-paced course
- It is a project-based online course
- It is taught by financial professionals
Contact
E-mail: academysupport@investopedia.com
6. Investment Banking (IB) Institute, Delhi
It is one of the oldest institutes in India providing courses in financial modeling and valuation with 100% placement success. Its headquarter is in New Delhi.
Course Name: Financial Modeling and Investment banking
Eligibility: None
Mode: Onlive Live or Classroom Mode or Online self-paced
Fee: You can enquire about fees at the contact details given below.
Certificate: It provides a total of three different certificates in three different topics from financial modeling.
Course Curriculum: It has the following modules:
- Excel: Basic to Advance Levels
- Macro Programming
- Analysis of Financial Statements
- Ratio analysis
- Financial Models for Netflix OTT, Tata Motors, Kellogg’s, Colgate, Solar Power, Oil and Gas Sector, etc.
- Benchmarking of Pitchbook
- Profiling a Company
- Analysis of Merger & Acquisitions
- DCF Analysis
- Equity Research Model
- Valuation Techniques of Transactions
Highlights of the Course:
- It provides an interview kit.
- It offers lifetime support to resources.
- It provides live support during the capstone project.
- It assists in interview preparation.
Contact:
E-mail: info@ibinstitute.in
Phone: +91 9312222566
7. National Stock Exchange (NSE) of India Limited
It is one of the largest stock exchanges in India. Its headquarter is in Mumbai. Through NSE academy, it provides various courses and certifications in the field of banking, insurance, and finance.
Course Name: Equity Valuation and Financial Modeling
Eligibility:
- MBA Finance Background
- Commerce Student
- Any Working professional in the field of Equity Research
Duration: Approx. 1 month
Mode: Online
Fee: You can enquire about fees at the contact details mentioned below.
Certificate: It provides a course completion certificate.
Course Curriculum: The outline of this course is as follows:
- To learn financial modeling and financial statements
- To study the analysis of financial statements and forecasting
- To learn methods of valuation
- To study case studies of financial modeling
Highlights of the Course:
- It provides placement assistance.
- It offers exposure to practical problems.
- It provides internship opportunities.
Contact:
E-mail: abhatt@nse.co.in
Phone: +91 8107546688
8. Coursera
It is a U.S.-based global platform for online learning. It provides over 4000 courses in a range of subjects. It offers several courses in the field of financial modeling. Here is a pick as per the candidates’ reviews and ratings.
Course Name: Business and Financial Modeling Specialization
Eligibility: None
Duration: Self-paced. If you can spend 2 hours per week, you will be able to complete it in up to 6 months.
Mode: Online
Fee: INR 6,433. Financial aid is available if applicable.
Certificate: It provides a course completion certificate after each course.
Course Curriculum:
It has the following five different courses. Along with the theory, a candidate will also have to complete a project in each course to earn a certificate for each course. It is recommended to opt for these courses sequentially. However, if you have the right fundamental knowledge, you can take the selected courses only.
- Quantitative Modeling Fundamentals
- Spreadsheets and Models Introduction
- Risk and Realities Modeling
- To Study Decision-Making and Various Scenarios
- Capstone Project: Wharton Business and Financial Modeling
Highlights of the Course:
- Each course comes with a project
- It conducts practice quizzes, graded quizzes with feedback
- It conducts graded assignments and graded programming assignments with feedback
9. Udemy
Udemy is a global online teaching-learning platform. Its headquarter is in the US. It offers over 213,000 courses in various subjects in more than 75 languages. It provides several excellent courses in financial modeling.
Course Name: Financial Modeling and Valuation: Beginner to Professional in Excel
Eligibility: None
Duration: 15 hours of on-demand videos
Mode: Online
Fee: INR 3,499
Certificate: It provides a course completion certificate.
Course Curriculum:
- Introduction to Excel: Tips, Tools, Keyboard Shortcuts
- Excel: Financial Functions
- Excel Charts Introduction
- Company Valuation Introduction
- Mergers & Acquisitions Introduction
- Cash Flow Model in Excel
- Capital Budgeting
Highlights of the Course:
- It provides 621 downloadable resources
- Lifetime access to resources
- This course takes assignments
10. Henry Harvin
Henry Harvin is a famous online learning platform from India. It offers a range of courses in the field of Data Science, AI, machine learning, management, accounts, finance, content writing, SAP, Oracle training, etc. Financial modeling provides the following course.
Course Name: Financial Modeling and Valuation Analyst
Eligibility: None
Duration: 70 hours of the learning period
Mode: Online Live Sessions
Fee: INR 29,500
Course Curriculum: It has the following modules:
- Microsoft Excel
- Financial Statements Reading and Ratio Analysis
- Financial Management
- Modeling of Project Finance
- Modeling Equity Research
- Writing Financial Report
- Practice Financial Models
Highlights of the Course:
- 100% placement support for 1 year after course completion
- Assistance in getting an internship
- It provides the facility to do projects in Stakeholder management, benefits realization, and more
Contact
Phone: +91 9891953953
FAQs About Financial Modeling Courses in Delhi
-
Is financial modeling hard to learn?
Financial modeling requires the ability to find out the relations between different variables and then make a resultant statement. The process of finding the relationship among the variables is quite a complex process. In the beginning, one might find this process hard to learn. However, with good coaching and experience, one would get along with this process gradually.
-
Is a commerce background required for financial modeling courses in Delhi?
Ideally, there is no strict requirement for formal commerce education for financial modeling. However, in practice, it is recommended to have a fundamental knowledge of accounting and finance that can be learned on your own or through a formal course/degree.
-
What is the difference between financial modeling and finance analysis?
Financial modeling is the process of evaluating the financial performance of a business. Whereas, the financial analyst uses these models to forecast financial future events for a business. Financial modeling is a useful tool in financial analysis.
-
Is financial modeling in demand in India? What is the scope of financial modeling abroad?
Businesses are adopting financial modeling strategies for better insights into their futures to increase sales, and investments to reduce risks, etc. So you would be a strong candidate if you have financial modeling skills. Hence, financial modeling is in great demand these days in India and abroad as well.
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Is coding knowledge required for financial modeling?
Basic knowledge of Python and Java would be helpful in financial modeling. However, coding knowledge is not a must-have skill in this field.
Conclusion
Day by day, businesses are preferring to rely on data and data-driven decisions. Financial modeling is the best way to forecast future financial results and events, and possible risks that may appear in the future. Hence, financial modeling is a vital backbone for any business to become smart, sustainable, and promising. Within the field of finance, having financial modeling skills would work as a great asset in your career path. If you are looking for financial modeling courses in Delhi, then I hope this article would be of great help providing all the fundamentals of this field and its top courses in Delhi.