Financial Modelling in Excel Training Course (3-5 days)

This financial modelling course covers Financial Modelling Fundamentals plus Advanced Excel for Financial Modelling.

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Master Financial Modelling and Advanced Excel Techniques for Real-World Applications

Our Financial Modelling in Excel Training Course is designed to equip you with the essential skills and knowledge needed to build robust and flexible financial models and solutions to real-world financial challenges. Gain a comprehensive understanding of financial modelling and valuation concepts, learn efficient Excel tools, and develop the expertise to design reliable financial models.

What you get from this course

  • An excellent working knowledge of financial modelling functions in Excel that allow you to efficiently create robust and flexible models.
  • A sound understanding of financial modelling and valuation concepts.
  • Practical experience in designing solutions to real-world financial modelling challenges by building financial models in Excel.
  • A solid foundation for Excel-based financial modelling.
  • Excel tools and techniques that are essential for modelling to make your models robust,
    user-friendly, and efficient.

Agenda Highlights

Excel is the tool of choice for most financial modellers so before we start building financial models, it’s critical that we have a good understanding of the key functions and tools in Excel that can help us build models that are robust, easy-to-use, and flexible.
Here are just some of the areas we cover in our in-depth, hands-on workshop:
  • Working with large data sets
  • Summarising and aggregating data
  • Extracting data that matches criteria using flexible formulas
  • Error handling
  • Ways of improving structure
  • Techniques for keeping formulas consistent yet flexible
  • Combining and splitting cells according to the content they contain
  • Advanced techniques for creating automatically expanding charts and ranges
  • Introduction to macros & when to use these

We then apply and practise these functions during the remainder of the course.

Our financial modelling course provides a sound understanding of both the principles of financial modelling and the practical application of these to real-world situations by using Excel to build financial models.

The course builds upon the financial modelling principles and practices learned, to apply these to company or project valuations. In this, participants improve their mastery of valuation principles and concepts, and learn how to apply these in real-life situations.

Finally, participants will receive training in how to both detect and prevent errors from occurring.

Everyone’s models are different. As such, participants are encouraged to bring along their own financial models to obtain assistance, ideas, guidance and suggestions from the trainer in private.

This is a key step in applying the concepts learned on the course to improve real-life models so please take the opportunity to draw on the trainer’s experience and expertise!

Pre-requisites

Although not mandatory, attendees will get a lot more out this course if they complete some online training in Excel functions before attending. We have partnered with Excel Off The Grid and their Excel Academy to provide high-quality, low-cost online training as good preparation for this course.

Financial Modelling Excel Course Outline

  • Financial modelling concepts: Aims, design, structure and development
  • Corporate finance and valuation concepts
  • Introductory Concepts
    • Cash vs Profit
    • Time Value of Money
    • Cost of Capital
    • Risk, return & value
    • Scenario Analysis

  • Common difficulties, problems and limitations with financial analysis
  • Defining the decision
  • Availability of information
  • Defining model scope
  • Knowing the limitations of financial analysis
  • Information overload
  • Financial Forecasting
    • What is it?
    • Steps involved
    • Best practices & financial modelling standards

  • Common financial / investment decisions
  • Understanding the Time Value of Money concept
  • Understanding Discounted Cash Flows
  • Evaluation of different methodologies (including NPV, IRR, Payback Period)
  • Introduction to valuation concepts including NPV
  • Identifying & dealing with IRR difficulties

  • Reviewing valuation concepts
  • Valuation methodologies (including evaluation of different methodologies)
  • Dealing with common valuation issues
  • Compare & contrast alternative valuation methods to know when to apply each

  • Overview of DCF methodology
  • The role of Cash Flow Forecasts
  • Cost of Capital

  • Performing a Ratio Analysis
  • Understanding Profitability Ratios
  • Interpreting Liquidity and Solvency Ratios

  • Overview & Objectives
    • Defining the scope of your model
    • Objectives: What are the aims of the model?
    • Understanding model limitations
  • Development and structuring
    • Planning the financial model
    • Ensuring the model structure matches the objectives
  • Incorporating best practice techniques into your models
  • Compare a selection of best practice guidelines/standards

  • Setting Up the Work Book & structure
    • Time scale
    • Separate business areas
    • Timing and frequency formats
    • Data Sources
  • Managing the Input Section
  • Building the Calculation Section
    • Building the C/Flow Forecast
    • Line by line build-up of cash flows
    • Cap Ex and Op Ex
  • Presenting Model Outputs
    • Key Financials
    • Summary of model data
    • Dashboards & Graphs
    • Valuations & terminal values

  • Balance sheet, Income statement, cash flow
  • Dealing with interest circularity
  • Using ratios to produce financial forecasts
  • Debugging a 3-way model

  • Typical Bank Covenants & Ratios
  • The Importance of Capital Management
    • Why it is important (cost of debt vs equity)
    • Defining your optimal capital structure
  • The Effect of Capital Structure
    • Understanding its effects on risk

  • Sensitivity
    • Identifying key variables for sensitivity
    • Building in sensitivities
    • Displaying the results of sensitivity analysis
  • Scenarios
    • How to run multiple sets of inputs through a single calculation engine
    • Building, managing and extending a scenario manager that is far better than Excel’s
  • Introduction to Monte Carlo simulation: how to apply these techniques in practical ways to real-life financial models

  • Checking outputs for consistency
  • Techniques for building checks & balances
  • Model audit & review
  • Automated spreadsheet auditing software tools: role, purpose & limitations, demonstration
  • Documentation
  • Use of financial modelling software: when is it useful or not useful?

The last part of the course is a coaching session where we work individually with each person to help them apply what they’ve learned to the models they’re currently working with.

This is the most valuable day of the course, where you apply what you’ve learned to your models and real-world scenarios, making the training more relevant, practical, and impactful.

Many past participants found this day the most valuable, as it ensured they could apply their skills effectively. Reinforcing the course by allowing them time to immediately practise what they’ve learned.

Who Should Attend

  • Business & Finance Analysts
  • Finance Managers
  • Investment Managers
  • Investment Analysts
  • CFO’s
  • Financial Modellers
  • Project Managers
  • Project Accountants
  • Investment & Corporate Bankers
  • Corporate Finance Managers
  • Finance Professionals
  • Accountants

Delivery Options

In-house

All courses are available for in-house training, providing flexible options to meet your needs wherever you are – Perth, interstate, or internationally. Our in-house courses are designed to maximise value with flexibility, tailored content, and cost savings for your team.

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Virtual Training

Our virtual training options (in-house training only) bring the same high-quality, live, instructor-led courses directly to your team, no matter where they are located. Our virtual training features the same level of interaction as our in-person sessions, while providing the convenience of learning from any location. This option is ideal for interstate and international clients.

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Previous Training Courses

Why Choose Access Analytic?

At Access Analytic, we don’t just provide training and consulting—we lead the industry. With a 25-year track record of excellence, we are the trusted choice of top global companies for training and consulting in Power BI, advanced financial modelling, data analytics, and AI-driven business solutions.

Industry-Leading Expertise

Our Course Facilitators are internationally recognised thought leaders, speaking at major conferences around the world. One of our directors has been a Microsoft MVP for over seven years—and is the only combined Excel and Data Platform MVP in Australia—highlighting our elite-level expertise.

Global Reach, Local Presence

We deliver world-class training across Australia, Oceania, the South Pacific, the Middle East, Africa, and Asia, helping professionals and organisations harness the power of Power BI, Excel, and AI. Our expertise extends beyond consultancy—we train and educate thousands of professionals worldwide.

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We run one of the world’s top YouTube channels for Power BI and Excel, where thousands of professionals look to us for cutting-edge insights and practical expertise.

Trusted by the Biggest Names

Many of the world’s most trusted and respected companies rely on Access Analytic for innovative, data-driven solutions. Our vast experience across industries means we bring the best global ideas and strategies directly to your business.

Elite Team,
No Juniors

We only give you highly experienced facilitators. Every Facilitator assigned to your training course will have the right mix of expertise in areas such as Power BI, finance, AI, best-practice financial modelling, and data analytics. Our team’s depth of real-world knowledge ensures your business benefits from proven insights that streamline processes, enhance decision-making, and deliver measurable results.

Perth-Based, but Borderless Support

Our team is locally based in Perth, but we run courses all around the world.

Setting the
Standard

At Access Analytic, we don’t just keep up with the industry—we set the standard. Partner with us for world-class expertise, cutting-edge solutions, and long-term success.

Meet Our Speakers

Jeff Robson

Founder & CEO | Data and Financial Modelling Specialist

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Wyn Hopkins

Director | Microsoft MVP | Reporting and Automation Expert

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Yury Tokarev

Director | Financial Modelling and Analytics Expert

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We are thrilled to have helped hundreds of businesses in Perth and worldwide over the years.

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Financial Modelling in Excel Training Course

Trusted by the Biggest Names

Many of the world’s most trusted and respected companies rely on Access Analytic for innovative, data-driven solutions. Our vast experience across industries means we bring the best global ideas and strategies directly to your business. At Access Analytic, we don’t just keep up with the industry—we set the standard. Partner with us for world-class expertise, cutting-edge solutions, and long-term success.

Contact us today to learn more about our Power BI training options