Organizations and businesses need to grow rapidly for their sustainability in this modern era. Organizations need to understand their financial status to grow their business exponentially. Organizations must implement a financial model to make informed financial decisions for any business. So, learning financial modeling skills has become the primary skill set for the finance department of any business. Many institutes across the globe, either online or offline, have come up with various financial modeling courses to meet the ongoing demand for financial modeling experts. Let’s understand financial modeling to some extent, and then we will go through the top 5 financial modeling courses in Dublin.
Then Let’s Understand What is Financial Modelling.
Financial modeling is an incredible and valuable mathematical model that represents the financial performance of an organization. Financial modeling is a vital tool that analyses important past and current data to predict their future financial position.
Financial modeling can be used in various domains, like evaluating merger and acquisition opportunities, pricing services and products, risk assessment, forecasting revenue and expenses, estimating cash flow, allocating capital assets, determining business value, securing funding, conducting periodic performance reviews, making smart investments, etc.
A list of some models that can be learned in different financial modeling courses in Dublin Organizations use different types of financial modeling, where they collect data in a spreadsheet and then analyze their financial state and predict future decisions. They may use specific financial models for different business purposes and operations. Some common types of financial modeling that companies may include are as follows:
Three-statement Financial Modeling
3- The statement model predicts a company’s three essential statements by linking them. They are the cash flow statement, income statement, and balance sheet, It helps to predict a company’s financial position and cash flow. Excel is used for implementing this model.
A 3-statement model usually starts with the income statement, then with the balance sheet, and finally the cash flow statement. A change in one financial statement can result in an adjustment or reflection on the other statement, which helps improve the accuracy of forecasting short-term borrowing, cash, and income.
Discounted Cash Flow Finance Model
Discounted cash flow is another finance model that adds to the uncovering of a three-statement financial model to determine and display a company’s present net value and future expected cash flow. It helps stakeholders and investors understand and predict how a business’s future cash flows may include shares, equity, or other holdings that add to the company’s valuation. This type of financial modeling can also be used to study and evaluate a company’s total equity and equity allocation.
Budget Financial Modeling
Financial analysts can use budget financial modeling for economic evaluation and predict a company’s annual budget or comprehensive budget. This type of modeling reflects monthly or quarterly data that a company may use to manage the financial processes related to its business operations. Budget financial modeling also involves predicting various financial factors such as cash flow, equity, assets, sales, and expenses.
Forecast Financial Modeling
Forecast financial modeling is the process of planning and estimating to predict how businesses will perform in the future. Businesses also use this type of financial modeling, along with budget models, to estimate expenses incurred through their business operations. Forecast financial modeling helps a company predict future costs linked with manufacturing a product or offering a service.
Merger Financial Model
The merger financial model helps calculate a company’s accretion or dilution when a company is planning for an acquisition or merger. This financial model is vital for companies that are evaluating and assessing their investment options. It helps to analyze the impact of a merger or acquisition on various key considerations for sellers, buyers, the acquirer’s profitability, partnership post-acquisition, and capital structure.
Public Offering Financial Model
The public offering financial model helps place value on businesses before their initial public opening. This type of financial model also applies a data analysis of comparable companies in the market. It can also help in evaluating the presumed value that investors may finance for a new business. The model is also used to build a financial plan for the IPO, including revenue projections, cash flow projections, and projections of expenses.
Leveraged Buyout
Leveraged buyout financial modeling is used to evaluate a leveraged buyout (LBO) transaction, which refers to the acquisition process of a company that gets its funding using a significant amount of debt. It helps a financial buyer estimate the maximum value they can pay for the target company. It also analyses whether enough cash flow is available to operate the company and pay principal and interest.
Scope of Financial Modeling Courses in Dublin
There has been an underlying need for more financial employees with the increasing number of businesses worldwide. Even after pursuing courses like MBA, CFA, investment banking, etc., most students prefer to learn financial modeling to fetch the best job positions. The scope of financial modeling will be extensively expanded in the future. Employers are increasingly in search of candidates with financial modeling experience.
The scope of financial modeling courses in Dublin is increasing day by day as more and more organizations and companies rely on good financial model structures to forecast the financial future of organizations and make decisions based on it.
An individual can get trained by opting for a financial modeling course that can give them a panoramic understanding of the market and how financial modeling works. Opting for a financial modeling course also allows an individual to stand out from the competition by delivering suitable, relevant, and exact information about the industry.
Financial modeling experts or professionals have a plethora of golden opportunities and are preferably hired by banks, financial institutions, financial research firms, credit rating agencies, insurance firms, corporations, etc.
What Are the Various Reasons for Utilizing Financial Modeling?
Organizations can use financial modeling for numerous reasons, as mentioned below.
- For predicting future risks
- Identify securities that are underestimated.
- Investment projection
- To derive the worth after the merger
- Business evaluation
- Recognize the requirements of total working capital.
- To evaluate the current economic, industry, and cost scenarios that will have an effect on profit level.
- Understand the most profitable business or product.
- To analyze and evaluate cash flow and find out ways to improve it.
- Predict the future need for funds.
- Assess current budget requirements.
- Evaluate the profit probability in the coming years.
What Are Various Career Options for an Individual Who Pursued Financial Modeling Courses in Dublin?
Financial Analyst
Research Analyst
Business Analyst
Investment banker
Equity research analyst
Risk management analyst
Portfolio management
Tax Advisor
Corporate Finance
Mergers and Acquisitions Analyst
Venture Capitalists
After a deep understanding of financial modeling and its different models, scope, and career options, Let’s deep dive and better understand what all institutes offer in financial modeling courses in Dublin.
#1 IIM SKILLS
IIM SKILLS is an online training institute that provides excellent financial modeling courses in Dublin. It is a 3-month live online course and will have 70+ hours of online training. Also, they offer 100+ hours of practical assignments, 10+ financial model templates, and 5+ case studies.
This course will help an individual learn all the relevant points related to financial modeling. They provide a 2-month guaranteed internship, and they also offer mock interview preparation.
Glimpse on Modules:-
Basic and advanced Excel
Accounting concepts and financial statements
Ratio/KPI Analysis
Technical financial modeling
Different types of financial models
Business valuation
What will you learn from the Financial Modeling Course?
Participants will be able to understand a clear concept of what financial modeling is and what a financial statement is. They will learn to create structured, streamlined, and powerful financial models to analyze historical data, predict future projections, and present financial statements and key ratios.
Will help participants become experts at specifying conclusions, making project recommendations, and carrying out analysis. Participants will also learn other alternate ways to calculate financial facts and specifications. It will help to examine past company data and records to predict a possible business venture.
The lesson participants will learn helps them implement the correct financial model for real-world business problems. It will help to create a financial model from scratch. It will equip you with the ability to compete in global standard financial markets. Will be able to conduct a successful business valuation and, accordingly, prepare its reports.
Additional skillsets that participants will acquire:
Advanced Excel
Critical and analytical skills
Problem-solving skills
Communication and presentation skills
finance and accounting skills
Mastery of defining high-end strategies
Ability to create efficient financial modeling,
Ability to integrate financial statements and structured approaches
Who can learn this course, let’s see:-
Fresh Graduate
MBA/FRM/CFA/CA
Finance department professionals
B.tech/BE or Engineers
Anyone who wants to learn with passion about financial modeling
Why choose IIM SKILLS?
IIM SKILLS is a brilliant world-class institute with the aim of offering valuable, high-quality courses at affordable prices. Over the years, the institute has helped many launch or re-launch their careers or upskill themselves. They provide the perfect platform for you to learn, grow, and capture the professional world with advanced knowledge.
With an excellent combination of technical financial skills and soft skills, you will become financially savvy. The full-fledged financial modeling course is focused on building skills in Excel from basic to advanced, accounting, KPI analysis, financial statements, equity modeling, and project finance. It equips you to make financial models from scratch.
At the same time, it equips you for investment banking, research such as credit research equity research, etc. Thus, by the end of the course, you will be ready for various job challenges in the real business world. Have 150+ placement partners and provide job support.
Course name: Online Financial Modeling Course
Course Fees: INR 39,900 + 18% GST
Course Duration: 3 months
Contact details are below:
Email: info@iimskills.com
Contact No.: +91-9580740740
#2 CMG Training
This one-day training course is designed for finance professionals, investment professionals, accounting professionals, or students who want to study how to design and develop industry-standard financial models in Microsoft Excel. Participants will learn an important skill set that is in high demand by employers in private equity, industry, investment banking, corporate finance, fund management, and the public sector.
This course will make participants learn the features of what makes a best financial model, the process of designing, developing, and testing a financial model, and the important functions and formulae needed to create Excel-based financial models.
Participants will gradually learn through case studies, which will help them build different financial models in Excel. This is also a good course in the financial modeling courses in Dublin.
Glimpse of modules:
Features of best-practice financial models
Do’s and Don’ts: Golden Rules
Financial model design
Build a dynamic, integrated, and 3-statement financial model in Excel.
Testing the financial model
Who can attend?
The course has been designed for experienced finance professionals who know the fundamentals of Excel and have a good knowledge of basic accounting, as well as participants who want to learn how to create the best financial models in Excel.
Course name: Financial Modeling Training Course
Course Fees: €635
Course Duration: 1 day
Contact details are below:
Email: Kellie@cmgtraining.com or Sarah@cmgevents.ie
Contact number: 01-2933650
#3 Corporate Financial Modelling: Building Forecasts and Cash Flows by Chartered Accounts Ireland
Chartered Accounts Ireland has financial modeling courses in Dublin. This course helps participants walk through a process where real-life Excel examples are used to develop forecasts and perform financial analysis.
Glimpse of modules:
Forecasting
Forecasting methods
Ratios
Forecast drivers
Accounting statements
Course Name: Corporate Financial Modeling: Building Forecasts and Cash Flows
Course Duration: 4 hours
Course Fees: €85.00
Recommended Reads:
- Online Financial Modeling Courses
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#4 Certificate in Financial Modelling and Valuation by Ernst & Young Global Limited
Finance professionals mostly have to work with large pools of numerical data. However, such data needs to be handled efficiently by organizing and structuring it meaningfully and providing it to senior management for better decision-making. This demands the building of robust and dynamic financial models that can provide accurate projections of financial performance.
It is observed that a powerful and well-structured financial model is vital to achieving correct various analyses, which in turn helps organizations make informed decisions. The importance of in-depth financial modeling skills, deep mastery of valuation methods, and the evaluation of outputs should never be ignored.
Participants will learn to build efficient, powerful, and flexible financial models to analyze past or historical data, present integrated financial statements, and prepare future projections and key financial ratios in a concise, effective, and rational manner. The course will also help to understand the fundamentals of business valuation, different valuation methods, and the evaluation of the results of financial models.
Participants will learn, understand, and apply financial modeling skills with the help of various case studies to demonstrate alternate ways of calculating various financial parameters. On completion of the course, the participants will be able to develop well-structured, dynamic financial models to execute independent business valuations. Thus participants can learn financial modeling courses in Dublin.
Who can attend the course?
Professionals working in investment banking and equity research
Finance managers
Corporate finance, private equity, and M&A professionals
CA, FRM, MBA finance, and CFA course candidates
Self-employed finance professionals
Graduates
Course deliverables
36+ hours of e-learning videos
Presentations
Online assessment
Certificate of completion
Query support through email
Six months of LMS access
Assessment and certification
EY awards a ‘Certificate of Completion’ to participants at the end of the program once they pass the exam.
MCQ’s based assessment
To pass the exam, the participant has to score 50%.
Course duration: 36+ hours
Course Fees: USD 50
#5 Financial & Valuation Modeling Certification Program by Wall street Prep
This is one of the financial modeling courses in Dublin. The course will help participants develop a complete and comprehensive three-statement model from scratch using various supporting schedules and various other financial models.
Participants will learn below: –
How to implement commonly used practices for calculating terminal values and other details of DCF modeling How to evaluate the weighted average cost of capital (WACC) in the real world The mergers and acquisitions financial model is used by investment banking and corporate finance professionals.
Participants will learn how to select and pick the right multiples and build robust comps models in Excel from scratch by using industry best practices, insight analyses, and real case studies. How to select comparable acquisitions and find vital disclosures in filings.
Participants will learn about basic LBO fundamentals, current industry dynamics, and deal structures. Participants will then begin the step-by-step modeling, covering the most common and difficult issues that arise when modeling buyouts. The course concludes with a scenario analysis as well as how to build output tables that are important to any professional performing LBO analysis. A similar training program is used by leading financial institutions.
Glimpse of modules:
Financial Statement Modeling
DCF Modeling
M&A Modeling
Trading comps and modeling
Transaction comps Modeling
LBO Modeling
Additional courses with the above course are as follows:
Building buyers lists
40 mini-courses
Meet your instructor. Kickoff class
One month of access to the pitchbook
Course Details:
Intuitive, self-paced, and comprehensive
Real-world “on-the-job” investment banking training
Support Center
Private online tutoring (an additional fee applies)
Resume Inclusion
Prerequisites
Basic knowledge of accounting and proficiency in Excel
Students with no or less prior knowledge of accounting should pursue the Accounting Crash Course.
Students with limited or less experience using Excel should pursue the Excel Crash Course.
Course Name: Financial and Valuation Modeling Certification Program (Premium Package)
Course Fees: $499
Contact number: 617-314-7685
FAQs: Financial Modeling Courses in Dublin
What other skills are essential for financial modeling?
Knowledge in Excel, and financial analysis including accounting knowledge, detail-oriented, analytical skills, presentation skills, problem problem-solving skills play a major role in effective financial modeling.
How can financial modeling benefit an individual, business owners, and organizations?
The financial model helps an individual, business owners, and organizations to predict future financial status, current financial status or position, investment opportunities, and risk analysis, and helps to make decisions resulting in overall financial planning.
Why is financial modeling crucial?
Financial modeling is crucial because it supports strategic decision-making by offering quantitative insights into financial scenarios and their possible results, helping individuals, business owners, and organizations evaluate risks, investments, and future planning.
Who can use financial models?
An individual, business owner, corporation, or organization can utilize the financial model to predict their financial performance and make decisions. Almost all require a financial model from Telecom companies, Banks, Oil & gas companies, financial institutions, ED tech companies, the IT industry, Government and non-profit organizations, and NGOs to project their finance in the appropriate manner, so almost all can gain value out of financial modeling.
Is learning financial modeling courses in Dublin challenging?
No, anyone who has a passion for accounting, problem-solving, and an eye for detail can learn the course.
Can I learn the course on my own before joining the professional institute?
Yes, you can learn basic financial modeling before joining financial modeling by reading books and going through YouTube videos. Each and everyone has their own preference for learning the skills.
Conclusion About the Financial Modeling Courses in Dublin
This article may have given you enough insight into the financial modeling courses in Dublin. Let us recap, the financial models are used for various analyses which can be executed through three statements and various other models. It helps individual, business owners to understand their current financial position and help them to make decisions and predict future financial positions. Since finance is an integral part, there is ample opportunity in the field to build a stronger career. Just basic knowledge of Excel, accounting, analytical ability, an eye for detail, and passion to learn can make an individual pro in the domain. Listed some of the popular financial courses in Dublin. Now with the above detail hope you are able to make the decision to enrol on the course.