This is a comparative analysis of IIM SKILLS vs IB Institute Financial Modeling Course to help you make an educated decision on which course is apt for you. It’s human to be confused while choosing things, especially when the choices are equally best. You might face a similar problem choosing between the two heavily contested Financial Modelling Courses—one offered by IIM SKILLS and the other by IB Institute. Hence we are endeavoring here to give you an exhaustive rundown on both the courses to help you choose. The following expansive article will walk you through the courses’ features. So that at the end of it, you can seek to enroll into your institute of liking.
Discover what is Financial Modelling
A Financial Model is a dedicated tool built using spreadsheet software such as MS Excel. Financial Modeling indicates the company’s operations numerically in the past, present, and future. Both expenses and income gets fed into designated places on the spreadsheet to calculate the company’s future financial stakes. In totality, the forecast projected gets based on a firm’s historical performance, assumptions about the future, balance sheet, income statement, cash flow statement, and supporting financial data.
Other types of advanced Financial Models:
- Discounted cash flow analysis Model
- Leveraged-buyout Model
- Mergers and Acquisitions Model
- Sensitivity Analysis
Building of Financial Models; Who Does Them
The professionals who need to build Financial Models vary from sector to sector. Highlighted below are the most common types. The Financial Modeling Specialists are likewise involved in the following sectors.
- Investment Banking
- Corporate Development
- Equity Research
- Transaction Advisory
Financial Modeling Course – For Comparison’s sake, let’s begin with
IIM SKILLS is a class apart when offering skill-based education and training. A forte exclusive to themselves lies in simplifying complex concepts into lucid and easy-to-understand topics. The approach they always practiced has been Industry and student-friendly right from the start. To date, they have trained 25000+ students in more than 1000 batches. Training with IIM SKILLS enables its graduates to rub shoulders with the most experienced in the Industry.
Career-Defining Courses Offered by IIM SKILLS
- Content Writing Course
- Technical Writing Course
- Digital marketing Course
- Advanced SEO Course
- GST Practioner Course
- Financial Modelling course
- BAT Course
IIM SKILLS gets highly noteworthy by the Industry and student communities for the following strengths.
Mentors at IIM SKILLS are exceptional. They are expert trainers with 12+ years of experience. The instructors have a knack for provoking and inspiring original, innovative thinking among their pupils. Their passion for their core areas of digital expertise keeps them abreast with the latest in technology. Professional yet friendly at the same time, their mentoring enables quick and practical learning. Their experience dealing with different mindsets has been evident in how they transform newcomers into sought-after domain experts. Be it delivering top-of-the-line curated content or filling a skill gap in the Industry, they have always been above par.
Their courses get recognized by the Honourable Government of India and Professional organizations nationally, and internationally. The command centre at IIM SKILLS gets directed by people who are products of India’s fiercely sought and fought-for formidable institutions of learning; The IITs and the IIMs.
IIM SKILLS Global Presence
IIM SKILLS, headquartered in New Delhi, has an international presence in 23 Asian cities, including Dubai and Singapore.
The IIM SKILLS Superior Advantage
All the courses streamlined at IIM SKILLS are extremely practical, thought-provoking and exceed expectations. The skill-based learning imparted online gets super simplified. Complex concepts get broken down so that any layman can understand them with absolute clarity.
The fees both nationally and internationally are great value for money. The affordability involved is unmatched.
IIM SKILLS is ranked number 1
The programs under their roof are ranked #1 by Top Education Blogs Such as CourseReport, Career360, AdvisorUncle & CourseDekho.
At IIM SKILLS, you receive all the handholding required for your career upbuilding. Unique to IIM SKILLS are the small-size batches, ensuring personal attention to every student.
Highly Interactive Virtual Classrooms
Highly engaging and interactive content is the characteristic of every virtual course format delivered at IIM SKILLS. The rich use of assignments, case studies, and brainstorming makes your learning feel mentally stimulating.
Career Counseling and Interview support
IIM SKILLS helps you decide the right career path to prevent you from making an uninformed career decision. It gives your resume the best shot with infographic guidance, interview preparation and job placement assistance. Post-training support also gets extended if you were to linger behind still.
One-time payment and lifetime access
A dedicated student repository helps them refer to Class presentations, lecture recordings, and other training materials. Going further on from courses priced most feasibly, the participants get lifetime access to the continuously updated learning management system. It is beneficial in case they miss a class.
Post Course Completion, you receive the Globally Recognised Master Certification from IIM SKILLS. Not done yet, they rigorously train you to come out with flying colours for other globally vouched certifications.
Brands Associated with IIM SKILLS
- HTC GLOBAL SERVICES
FINANCIAL MODELING COURSE AT IIM SKILLS
In 1978, financial Modeling got created using pen and paper. Spreadsheets came much later, so a financial Modeling exercise often left people scratching their heads. Later with the advent of spreadsheets, the face of Financial Modeling changed forever. The art of Financial Modeling has only evolved, becoming more complex and advanced with the introduction of many formulas.
As of today, it is indispensable for any organization. Businesses cannot avoid it, for nothing comes close to rationalizing historical data and figures to project the financials of a concern.
If used wisely and diligently, Financial Modeling can get immensely rewarding. It can get dispensed for enormous profits a company will make, let’s say, in 5 years. The process will base its future economic perspective on the current financial assumptions and conclusions.
As more companies realize the potency of Financial Modeling, there is suddenly a surge for such specialists who can deliver. Like any other conventional profession of repute, Financial Modeling is a new star on the financial horizon.
The profiles that stand to benefit the most from the science of Financial Modeling are as under
- Equity Research
- Financial Planning
- Project Finance
- Portfolio Management
- Credit Research and Financial Analysis
The job of a Financial Modeler, however, has no room for the slightest error. One miscalculation in ratios or any assumptions held can have a cascading effect on the entire business juggernaut.
To avoid such a mishap, IIM SKILLS train their upcoming Financial Modelers to be curious and ruthlessly observant. The instructors ingrain their students’ habits to ensure that even the smallest detail does not escape their attention.
After having come out of such a gruelling training regimen and assignments, the IIM SKILLS graduates are ready to lend their Midas touch wherever required.
- You will get trained, impressed upon, and finally modelled into a job-ready professional in three months of online Financial Modelling and Valuation Course.
- There will be fifty lectures to build you concept by concept until you qualify as a full-blown industry professional.
- The rigorous and mentally stimulating 100+ practical assignments will endow you with the rare confidence and grit to handle the most complicated real-life industry assignments to come.
- Exposure to four Live projects and five plus case studies will help you significantly get creative and bold in approaching and addressing industry challenges from which even the most seasoned shy away.
- IIM SKILLS is all about a heavily loaded internship for your good. A guaranteed two Months of Industry simulating training and a mock interview will put the transformed Financial Modelling Machinery in you to the final test. You will emerge glorious.
- The Course will get initiated over Excel spreadsheets.
The exhaustive IIM SKILLS Financial Modelling Course Structure
- Attain a clear vision and clarity into what is Financial Modelling and financial statement
- Learn to sense, visualize and create efficient, streamlined, robust financial models to do the job. Structure and analyze historical data, simultaneously forecasting future projections and presenting assimilated financial statements, key ratios, and outputs.
- Acquire the instinct to discern the root of the subject.
- Stemming forth realistic financial models rendering real-world business problems.
- Attain mastery at conducting analysis, mapping conclusions, and casting recommendations.
- Become adept at investigating former company records to work out likely possibilities for prospective business ventures
- Have the calibre to constantly learn and innovate ways to compute financial facts and parameters
Become sought after by the Financial Industry for the hard-to-find special core skills unique to IIM SKILLS
Financial Modelling Knowledge is irreplaceable. Your financial insight will get instrumental in deciding how the business prospects unfold in time.
The Core skillsets you will get imbibed with include:
- Keen attention to detail
- Substantial finance and accounting skills
- Prowess to define high-end strategies
- Requisite skills and methods for valuation
- Skills for creating efficient Financial Modelling, integrating financial statements, and structured approaches to valuations
- Critical and analytical skills
- Problem-solving skills
- Communication and presentation skills
As you get through the Course, you will realize that your versatility with Financial Modeling and Excel has increased phenomenally.
- You will learn to round up and use historical data and assumptions to draft financial statements forecasting a company’s economic performance.
- Crucial Excel formulas will be at your fingertips, enabling you to produce sound financial analyses.
- Hone expertise in framing dynamic finance models leaving out room for expansion and changes.
- Acquire a rare competence and alertness to spot detail in the tiniest errors leading to dire consequences in Excel.
- Get well-versed in using MS Excel to create and automate the computation of financial ratios.
- Become an expert executing Excel data tools such as Sorting, filtering, data importing, and data validations.
- Learn to carve out predictive models to forecast desirable outcomes to real-world business problems
Aim and Objectives in mind behind the Course by IIM SKILLS
- To produce and provide candidates who can develop structured, strong, and dynamic financial models to perform financial analysis for effective decision-making.
- To inculcate abilities paramount to compete and thrive in international financial markets.
- To inspire confidence enough to articulate a financial model from scratch till finish.
- To successfully execute business valuation and present valuation reports.
The Prerequisites to enrol for the Financial Modelling Course by IIM SKILLS
There is no such clause for admission to this Course by IIM SKILLS. Nevertheless, you will have a significant advantage in candidate preference if you are in the following categories.
- Currently pursuing or passed out-degree in the commerce stream or finance-related disciplines
- Basic skills with computers
- Fundamental Excel Knowledge would be a huge plus.
The best profiles suited for Financial Modelling Course
- CA pursuing or professional
- MBA/FRM/CFA pursuing or professional
- tech or Engineers
- Finance Professionals
Student obligations for completing your Financial Modelling Course from IIMSKILLS
Registration: Visit the website to register for the Course. Use the login ID and password generated after enrolling and furnishing the required information to access their LMS and various other e-resources.
Batch Selection: You can choose from Weekend or Weekday batches based on convenience.
Compulsory Attendance: A minimum of 70% mandatory attendance is a must. Recorded lectures are available for those who miss live ones.
Examinations: 50% is the cutoff for clearing exams. You are eligible to receive the Course Completion Certificate through mail fifteen days after passing the exam.
That was all with IIM SKILLS for our analysis of IIM SKILLS vs IB Financial Modeling Course. Shifting focus now onto IB Institute and its Financial Modeling Course.
The institute is the brainchild of Manoj Kumar, an investment banker himself. Rich in experience, he has been associated in one way or the other with top-notch investment and consulting firms Globally.
The instructor-led (Live) training and e-learning (Online) courses get hosted by the institute on
- Financial Modeling,
- Company Valuation,
- Project appraisal,
- Merger and acquisition,
- Excel, Visual Basic of Application (VBA)
- Charts and Dashboards
IB Institute conducts its courses as Weekend classes incorporating Customized Corporate pieces of training and Self-study courses (E-learning). With a series of hands-on instruction, Excel-based exercises, Powerpoint presentations and practical illustrations, they train you to solve real-world problems using insights drawn from actual case studies.
Training Modules of the Financial Modelling and Valuation Course
- Introduction to Basic & Advanced Excel 2013/16
- Initiations to Dashboards / Pivot Table
- Practice Visual Basic Application (VBA Macro)
- Introduction to the world of Financial Statements & Analysis
- How to go about designing Multi Tab Financial Modeling from Scratch (Oil & Gas Sector)
- How to work out Multi Tab Financial Modeling from Scratch (OTT Platform – Netflix)
- Develop the wherewithal for Multi Tab Financial Modeling from Scratch (FMCG – Kellogg’s)
- Handling Project Finance (Real Estate Model/ Solar Power Model)
- How to form Discounted Cash Flow Valuation ( DCF ) Analysis
- Learn Trading Combs Valuation Technique
- Learn Transaction Valuation Technique
- Acquire Knowhow about Merger and Acquisition Analysis
- Gain a deep understanding of Pitchbook Benchmarking Price Rebasing Company Profiling.
- Hardcore preparation for Placement and Interview for Core Finance Roles
- Business Valuation
- IPO Valuation
- Equity Research Model
- POWER BI
- Capstone Project & Assessment
- Interview Preparation/ Resume Preparation / Mock Interview
- Gain Certificate from NSE
- Get Certified from Microsoft USA International Certification
- Primary Certification Financial Modelling Expert using Excel & Macro from IB Institute
- Additional Certification Proficient in Company Valuation and M&A Analysis from IB Institute
Top Highlights of the Course
- All Placement Support till Final Placement
- Interactive Sessions
- A Mobile App to access your Course
- Avail Downloadable 400+ Videos backup, Exercises, Assignments, Case Studies, PPT, and PDF
- Weekly live query session with experienced faculty to clear your Doubts
- Ideal Resume Making session personalized for Investment banking and other core Finance roles
- Mock Interviews and Interview preparation KIT to bag Investment Banking roles with sample CVS
- Insights into Things you should and not as an Analyst in your professional career
- Knowledge of Key elements to scale up growth in the Core Finance Industry by Investment bankers
- 4 Unique Certifications
- Highly Flexible Schedules
Successful Placements by IB Institute; A 100% success
- They have attracted a 100% Placement Record since the inception of this program in the last 14+ yrs.
- Their students routinely get placed in the roles of Business Analyst, Research Analyst, Financial Analyst, Equity Research Analyst, Portfolio Analyst/ Manager, Fund Manager, Corporate Finance Analyst, and counting.
- Candidates get groomed to face interviews from the first class onwards. They become aware of all questions related to Investment Banking, Equity Research, Private Equity industry.
Financial Modelling and Valuation Course finds maximum applications in the following Financial Domains
- Equity Research
- Corporate Finance
- Knowledge Process Outsourcing
- Asset Management
- Rating Agencies
- Investment Banking
- Project Appraisal
- Private Equity
- Hedge Funds
Top of the Cream Companies in India where Financial Modelling and Valuation Course graduates usually get placed
- Deutsche Bank
- Bajaj Capital
- ICICI Securities ltd
- Kotak Mandira Capital Company
- SBI Capital Markets
- Goldman Sachs
- Morgan Stanley
- JP Morgan Chase Bank
- The Bank of New York Mellon
- BNP Paribas Bank
- Citi Bank
Designations offered to IB Institute’s Financial Modelling and Valuation Graduates
- Credit Rating Analyst
- Research Analyst
- Merger & Acquisition Analyst
- Corporate Finance Manager
- Venture Capital Analyst
- Portfolio Manager – Fund House
- Investment Banker
- Equity Research Analyst
- Project Finance Analyst
Their Placement Partners
- Fin Advisors
- Ey Building And Better Working World
- Bank Of America
- Green Portfolio
- Ameriprise Financial
- Jp Morgan
- De Shaw & Co.
- Copal Partners
- Ana Cap
- Accountable Now
- Accountable Now
The final Comparison gets drawn between IIM SKILLS vs IB Institute Financial Modeling Course
The Course produced by IB Institute leaves no scope for anything additional to be gained regarding skill set or knowledge. It’s a broad spectrum of knowledge orientation and expertise developed around Excel and other tools pertinent to Financial Modelling. Their industry nexus is well developed and up to date to ensure their trained graduates get absorbed into real industry scenarios.
The IIM SKILLS believes passionate about transforming its students into real-time thinkers and problem solvers. They reinstate their students’ thinking quality by designing their core syllabus with a futuristic perspective mindset. A feat achieved through a world-class curriculum, cutting-edge market methods, and an attitude to thrive amid challenges gets imbibed on the graduates at IIM Skills that are honed by the Industry’s best.
FAQs on IIM SKILLS vs IB Institute Financial Modeling Course
1) I am already a finance professional with experience in equity and banking. Do you recommend this program to me?
Financial sciences are also evolving while the fundamentals remain the same. The concept of any discipline in learning has changed forever. Continuous updating is not an option anymore. It is a necessity.
2) I am from a non-accounting background. So will a career switch be easy by doing Financial Modelling?
There are plenty of CAs and MBAs who have come to be from non-accounting backgrounds. Moreover, with advanced learning tools and course concepts, your transition should not be as hard as in previous times. Doing this Course for sure will open doors for you.
3) Will Doing a Financial Modelling Course from IIM SKILLS make me at par with someone with an MBA from the premier IIMs?
That depends from individual to person, but yes, one thing is guaranteed. Financial Modelling will help you grow at an unprecedented pace in the financial sector if you display the right attitude. All the best.
Concluding thoughts on IIM SKILLS vs IB Institute Financial Modeling Course
So now that you have gone through the analysis of the IIM SKILLS vs IB Institute Financial Modeling Course, choose judiciously, taking into account all your requirements from such a course. Finance is the lifeblood of any enterprise or undertaking. Even charity happens only when enough profit gets secured. So it is imperative that as a Finance Professional, you need sharp wits to be game worthy. If not inborn, the trait needs to be developed for you as a Finacial Modelling Professional to shine in the economic tug of war.
The Courses presented above; IIM SKILLS vs IB for Financial Modelling Course by the former, while the Financial Modelling Course and Valuation by the latter are clearly in sync with what the Industry seeks to find in upcoming professionals. Its importance proved that even seasoned finance professionals from mainstream finance backgrounds are amending their prowess by enrolling in such programs. Doing this Course will help you bypass the usual years you will have to put in otherwise to gain insights into the exact strategies Financial Modelling Graduates display from day one.
If still in doubt as to turn to which of the above institutes, relax; revisit their websites, sign up for demo classes, and only don’t toss; this is not a cricket match. Take your time and confidently base your decision on research and hard facts to join the institute of learning.