Jaipur is a city of opportunities, a hub for growing businesses, and holds vast potential. Today, businesses are all dependent on data analysis, accurate forecasting, and number crunching. A successful business has to be backed by strong financial performance, which is further influenced by how efficient and qualified your financial analyst is.
The Financial Modeling Courses in Jaipur are highly demanded because of the business-friendly policies and expanding resources of the city. This course provides the ability to accurately and proficiently create a model of the business hindrances, improve performance and provide comprehensive solutions which enhance the growth rate and decision-making of a business.
What is Financial Modeling?
Financial Modeling is the forecasting of a project or business’s financial performance based on different external and internal variables that impact the decision-making of a future event. It is a tool that illustrates a project or a business’s financial productiveness in numbers, over a spreadsheet software such as MS Excel.
As mentioned, many factors can affect a project or a business’s potency, which can be past performance, future vision and goals, growth rate, the risk involved, level of competition, and many more. Certainly, these factors vary from a different project to a business.
What is the Need for Financial Modeling in Any Business?
In these golden times, where markets and business possibilities are blooming at a fast pace, every entrepreneur and business owner yearns to be ahead in the rat race. Financial Modeling here plays a crucial role for such visionaries.
- It helps in making a calculated decision with proper financial numbers and detailed analysis.
- It gives a detailed insight into the business’s past and present financial performance.
- It helps in forecasting future goals in terms of profit, turnover, etc.
- It anticipates the impact of a certain decision on the goodwill and stock value of a company.
- It estimates the valuation of a business and helps in comparing the same with the competitors.
- It helps in strategic planning, estimating the cost and budgeting, and allocation of capital resources on the present and upcoming projects.
Types of Financial Models
Different types of financial models can be implemented for financial analysis, depending on the requirement of the business.
- Three Statement Model
- Discounted Cash Flow (DCF) Model
- Merger Model (M&A)
- Initial Public Offering (IPO) Model
- Leveraged Buyout (LBO) Model
- Sum of the Parts Model
- Consolidation Model
- Budget Model
- Forecasting Model
- Option Pricing Model
Different models are designed for different purposes, For example- A three-statement model forecast the financial performance with the help of income statements, cash flow statements, balance sheets (the 3 main financial statements), and so on. With proper expertise and understanding, the financial analyst determines the usage of the above-mentioned models in different business scenarios.
What is a Financial Modeling Course?
A Financial Modeling Course helps you understand how to deal with a business’s financial data. It helps you to identify different business opportunities available in the market, forecast future goals, perform planning, budgeting, and allocation of resources on a correct possibility, and accomplish cost efficiency.
At present, Financial Modeling Course is available online as well as on offline platforms. From a short-term diploma or a certification course to a full-time degree of two years, every option is accessible for the aspirants.
The Relevance of Financial Modeling Courses in Jaipur
The Pink City is not merely a tourist hub famous for its Forts and Rajasthani architecture. It is one of the booming economies which is backed by textiles, blue pottery, jewelry manufacturing, handicraft, carpets, leather, and metal products. The city is well connected in terms of means of transport and is now looked upon as the desired location for business expansion by the top companies in every industry.
With so many flourishing opportunities, the demand for financial professionals with the necessary qualifications is constantly increasing. Businesses thrive for financial experts, who with their knowledge can nurture their visions and growth for them. Visualize yourself efficiently enough to forecast the future of any business, with your knowledge.
How great it would be for the owners of small businesses, entrepreneurs buzzing on passion to expand their dreams, and for managers of large companies- if they could anticipate the cost efficiency and earnings of the next quarter. To be aware of how their present decisions are going to impact future goals could precisely be known before even making that decision.
Financial Modeling Courses in Jaipur will help to grab such prospects successfully, once you acquire the required experience to outshine in the finance industry.
Sectors that widely Use Financial Modeling Courses in Jaipur
The Pink City is no longer in the era where its prime source of earning for people was tourism. With the flourishing economy, the people of Jaipur have diversified their earnings from rich heritage to different businesses such as jewelry, art, craft, carpets, blue pottery, etc.
With the wide expansion in every industry, gone are the days when records were maintained on registers or in the paper-pen format. Industries have grown in terms of advancing themselves with financial tools. Broadly, every sector today uses Financial Modeling. However, some of them are mentioned below:
- Investment Banks
- Credit Rating Agencies
- Equity Research
- Mutual Funds
- Financial KPOs
- Project Finance companies.
Who Can Use Financial Modeling Courses in Jaipur?
Financial Modeling Courses in Jaipur can be used by:
- Financial Analyst
- Financial Manager
- Business Analyst
- Market Research Analyst
- Associate Analyst
- Equity Analyst
- Investment Bankers
- Portfolio Managers
- Entrepreneurs/ Start-ups
Analyst or an entrepreneur, Financial Modeling Courses in Jaipur can surely be done by many. However, it’s imperative to have the required proficiency and familiarity to perform it.
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Skills Required for Financial Modeling
Financial Modeling is not an amateur’s play. There are key decisions that are dependent on it, whose impact can affect the present and future predictions for a business. The basic skills that are must perform financial modeling are:
- Proper understanding of accountings
- Strong grip on MS EXCEL
- Knowledge of forecasting and budgeting
- Strong problem-solving skills
- Knowledge of different ratios
- Ability to analyze the balance sheet, Profit and loss statements, and other financial documents
- Ability to understand the financial model
- Efficient in converting big data into a simple format
- Clear presentation of financial performance
Top Institutes Providing Financial Modeling Courses in Jaipur
1. IIM Skills
IIM SKILLS is one of the most trusted and leading institutions, imparting Financial Modeling Courses in Jaipur through online platforms, with a faculty of professionals and experts. It aims at providing the best education at affordable prices. Although many institutes are providing the Financial Modeling Course, IIM skills hold the top position among all.
Financial Modeling Course Details:
The course is divided into a total of 6 modules, for a clear understanding of every topic.
- Module 1: Basic and Advanced Excel
- Module 2: Accounting Concepts and Financial Statements
- Module 3: Ratio/KPI analysis
- Module 4: Basics of Financial Modeling
- Module 5: Different types of financial modeling
- Module 6: Business Valuation
The financial modeling course with IIM SKILLS has a duration of 3 months. It provides Live Classes with separate batches for weekdays and weekend students. It provides 50+ Lectures with 100+ hours of practical assignments. It also offers an internship of 2 months and prepares the students with mock interviews for further job opportunities.
Course Fee: Rs. 39,900 + 18% GST
There are no eligibility criteria to participate in their financial modeling courses in Jaipur. Aspirants from any background, who are eager to try their hands on finance profile, are more than welcome to register on spot. However, you can be the perfect candidate for this course. If you are:
- A graduate of commerce or any finance-related courses.
- If you are equipped with the basic knowledge of MS Excel.
- If you are well trained with the working of computers.
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Other Related Courses by IIM Skills
Udemy is one of the most popular global destinations for education. Whether you want to learn or share, Udemy provides more than 196 thousand courses with more than 68 thousand instructors. The best part about Udemy is that you can enroll in courses, where training is delivered by global experts, who are seasoned and masters of their work. Apart from enriching its students with education on the subject, they also share the life experiences that made them what they are today.
There are different levels designed for ease of understanding, which are further divided into:
The topics covered under each level depend on the degree of difficulty. Once the basic syllabus is covered, you can move to the next level. The courses are available in more than 30 languages that are globally used. Even if your language is not there on the list, you still have the support of subtitles.
There are many courses available under the Financial Modeling course. Each course has a module on a separate topic that you can choose based on your interest. The duration for each module or short course ranges from 2.5-3 hours, which can be flexibly covered as per your time management.
As mentioned that the Financial Modeling course is further divided into smaller modules, and each module can be purchased for a reasonable amount from Rupees 449/- to Rupees 799/-.’
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3. Institute of Financial Studies
The Institute of Financial Studies was established in the year 2009, with a vision to overcome the outdated market dynamics of the education system. It was brought into existence because of the belief that there were many shortcomings in the formal higher education system.
The main objective of this institute was to impart financial knowledge to the common man so that he can wisely decide on his personal and corporate life. It also aimed to offer continuous learning opportunities to working professionals and to make them equipped with global game-changing financial courses.
The entire course is divided into 4 modules which are covered in depth:
Module 1: Principles of Finance
Below mentioned topics are further covered in module 1:
- Corporate finance
- Pro forma models
- Budget models
- Portfolio Management Models
- Derivative models
- Quantitative Methods
- Bond Models
Module 2: Excel Programming
Below mentioned topics are further covered in module 2:
- Introduction to VBA
- Basic Programming
- Concepts User Defined Functions
- Arrays Excel Objects
- Interfacing with Web
- External Databases
Module 3: Data Analysis & Decision Tools
Below mentioned topics are further covered in module 3:
- Basic tools-Sort Filter
- Pivot table
- Charts, Shapes,
- Sparklines Dashboard preparations Optimization and Decision tools Solver,
- Data tables,
- Scenario Managers
Module 4: Excel Fundamentals
Below mentioned topics are further covered in module 4:
- Understanding the Excel environment
- Working with data: basic techniques
- Multiple workbooks and worksheets
- Increasing spreadsheet readability
- Excel formulas
- External connections
- Digital Signature and Protection
Course Duration: The duration of the course is around 120-140 hours (Five days in a week), covered in around 3 months.
Course Fees: Rupees 38000/-
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4. EduAscent Institute of Finance
EduAscent Institute of Finance considers itself to be a pioneer in financial market education and services. They follow the “Learning by doing,” approach, educating their students with real-world skills, and providing practical experience along with partnership projects and job opportunities.
The prime aim of the institute is to provide a clear understanding of financial concepts along with their impact on the business. The institute further ensures that its learning modules are up to date with the global standards.
The course is divided into 2 modules:
1. Mastering the tool: It further covers Excel basics and Advanced Excel.
Topics Covered Under Excel Basics are:
- Understanding Excel environment
- Excel formulas
- Excel efficiency shortcuts
- Basic spreadsheet techniques
- Charts and shapes
- Sorting and filtering formatting
- External connections
- Sharing and Security
Topics Covered Under Advanced Excel are:
- Pivot Tables
- Data Tables
- Advanced Lookup
- Conditional formatting
- Scenario Managers
- Goal Seek
- Power Query
- Power Pivot
- Working with named rangers
2. Generating Solution: It further covers Financial Modeling
Under Financial Modeling 5 case studies are covered that includes topic like
- Projecting Financial Statements
- Project Finance Model
- Loan Amortization model
- Performa Modeling
- Equity Valuation Modeling
- Business Pricing Modeling
- Sensitivity Analysis
- DCF Valuation
- Scenario Analysis
The total course including Excel expert and Financial Modeling with Advance Excel is covered under 40 + 100 hours of training.
Course Fees: Rupees 12000/- + 30000/-
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5. Corporate Finance Institute:
Also known as CFI is an institute that was established in 2016. It is one of the many platforms that provide online finance certifications along with skill development. It also offers various financial programs, training, and professional workforce advancement. It contributes more than 100 courses covering more than 5000 topics and a team of powered global instructors.
They ensure that their global instructors are well versed with new trends in the financial market. They polish their instructors with up-to-date resources such as professional tools, and certifications. They also provide time-to-time online training on topics related to financial modeling to keep them updated with changes.
The Course is covered under 4 modules out of which some are optional.
Module 1: Prep Courses
It is optional to elect for the prep courses. However, it is suggested to revise the below-mentioned topics.
- Accounting Fundamentals
- Capital IQ Fundamentals
- Corporate Finance Fundamentals
- Excel Fundamentals – Formulas for Finance
- Macabacus Fundamentals
- Math for Corporate Finance
- Reading Financial Statements
Module 2: Core Courses: All eleven courses will create a strong knowledge and learning of valuation in Financial Modeling.
- Accounting Principles and Standards
- Budgeting and Forecasting
- Building a 3 Statement Financial Model
- Business Valuation Modeling Part I
- Business Valuation Modeling Part II
- Dashboards & Data Visualization
- Financial Analysis Fundamentals
- FP&A Monthly Cash Flow Forecast Model
- PowerPoint & Pitchbooks
- Professional Ethics
- Scenario & Sensitivity Analysis in Excel
Module 3: Elective Courses: A minimum of 3 electives have to be completed from the below-mentioned list.
- Advanced Excel Formulas & Functions
- Corporate & Business Strategy
- Excel VBA for Finance
- Leveraged Buyout LBO Modeling
- Mergers & Acquisitions (M&A) Modeling
- Mining Financial Model & Valuation
- Operational Modeling
- Presentation of Financial Information
- Real Estate Financial Modeling
- Renewable Energy – Solar Financial Modeling
- The Amazon Case Study (New Edition)
Module 4: Final Exam
After completion of all the modules, the students can appear for the final exam, which requires 70% of the passing grade to achieve the FMVA ( Financial Modeling and Valuation Analyst) certification.
Complete Financial Modeling course can be covered within a year.
Course Fees: There is a subscription fee that has to be paid to CFI which includes the Financial Modeling and Valuation Analysis course. The subscription fee for the same is Rs. 39,034/-
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6. Henry Harvin
Henry Harvin is considered an online university with more than 200+ courses. It aims to nurture people’s knowledge with various upskilling and reskilling programs. It has a world-class faculty that holds more than 20 years of experience and ensures effective delivery of training to its students.
The course is divided into 7 modules
- Module 1: Tips on MS EXCEL
- Module 2: Ratio and Financial Statement Analysis
- Module 3: Corporate Finance and Financial Management
- Module 4: Project Finance Modeling
- Module 5: Equity Research Modeling
- Module 6: Financial Report Writing
- Module 7: Cash Flow Statement
It provides 40+ hours of Live classroom sessions, with internship assistance and guaranteed placement on the compilation of the course.
Course Fee: Rs. 29500 /-
Frequently Asked Questions
Q1. Can an absolute newbie with no finance knowledge or background, join the Financial Modeling Courses in Jaipur?
Yes, you can be new to this course, with no prior knowledge of the financial terms, and still do this course. However, it will be an added advantage to your career if you have done your graduation in finance background. Additionally, with prior knowledge you can have a better understanding of the concept, on the other side if you are new to the course, you might find it challenging to learn a new concept but it will not be impossible.
Q2. Which one is better- online or offline financial modeling courses in Jaipur?
It depends on your schedule and requirement. If you are doing a full-time course as a student then you can opt for offline coaching. However, if you already are a working professional, choosing this course for better career opportunities, then you can opt for online classes and select the time slot as per your availability.
Q3. Is theoretical knowledge enough or any training/internship is required?
Training/ internship is required. You can have an immense and thorough knowledge of the subject, however, if you don’t have practical experience of how that theoretical knowledge is implied in the day-to-day business scenarios, then you might find yourself in a lag. So, it is always suggested to put your theoretical knowledge to use in practical scenarios.
Q4. How are the Financial Modeling Courses in Jaipur rated in terms of difficulty level for an amateur?
The Financial Modeling Courses in Jaipur can surely be rated high on the difficult side if you are planning to do it all by yourself. However, with the help of professionals and expert guidance, a good institute with great faculty can surely lower the difficulty level.
Financial Modeling Course provides the apt credentials that are imperative in the finance industry today. It is widely used in day-to-day activities such as MIS reporting, marketing research, cost analysis, forecasting outcomes, etc by other sectors as well. The Financial Modeling Courses in Jaiarer are highly recommended not only to individuals aspiring for career opportunities in the finance sector, but it is also suggested to budding entrepreneurs and individuals who join family-owned businesses. The financial Modeling courses in Jaipur will enlighten them on improving business performance, managing regular financial activities, key decision making, forecasting and budgeting, and much more.