Requirements

• Excel
• basic accounting

Description

Financial modeling, as the name suggests is to create models for making business decisions involving finance.

Financial modeling is the process of creating a summary of a company's expenses and earnings in the form of a spreadsheet that can be used to calculate the impact of a future event or decision.

The financial modeling process helps users make financial decisions and understand their impact on profit & loss statements, ROI, IRR, Cash Flow.

In this course, we will teach you key aspects of financial modeling and will be doing a live case study & demonstrating

- Best Practices in financial modeling

- How to avoid errors and spot them

- How do we make assumptions

- What inputs are required for making decisions.

- How we model decision flow into excel model.

- How to make projections

- Making 3 Financial statements (Profit & Loss Statement, cash flow, balance sheet)

This course will also take you through the process of making assumptions about projections and how to justify them and defend when potential investors may ask questions. By taking this course you will be able to

- Evaluate your revenue and cost models.

- understand what can breakeven

- calculate cash burns and the ability to project how much you need.

You will get an excel template used in the course for following along.

Who this course is for:

• Finance professionals
• startups founders and cofounders
• business professionals
• operational managers responsible to make decisions