Financial Planning and Modeling Course

1. Course Description

This course is designed to provide participants with the skills and knowledge needed to develop financial models and create comprehensive financial plans. The course will cover various topics related to financial planning, budgeting, forecasting, and modeling using Excel.

2. Learning Objectives:

By the end of this course, participants will be able to:

• Understand the principles of financial planning and budgeting
• Build financial models using Excel.
• Develop a comprehensive financial plan.
• Create various financial reports and analyses.
• Use financial models to make informed business decisions.

3. Course Outline:

Module 1: Introduction to Financial Planning

· Definition, objective and benefits of financial planning. Financial Planning as a Management Decision Tool

· Importance of financial planning in business decision making. Modern vs traditional financial planning systems

· Financial Planning as a communication tool for organization, steps in financial planning

· The role of financial planning in setting financial goals and objectives

Module 2: Budgeting and Forecasting

· The what and why of Budgeting. Main principles of budgeting and forecasting

· Importance of Budgeting Procedure and creating Budgeting Procedures. Understanding business process map for Budgeting Procedure

· Creating budge templates for organization with Excel and communicating it with stakeholders

· Data collection and structuring it with budget templates and applying cross check activities.

Module 3: The Foundation of Financial Modeling

· What is Financial Modeling? Benefits of financial modeling in planning, forecasting and decision-making activities

· Defining the inputs and the outputs of a simple and complex financial model. Defining the problem, specification of the model, designing and building the model, checking model’s output

· Financial Statement Modeling

Ø Collecting and Analyzing Historical Data

Ø Selecting key forecast drivers

Ø Modeling Income Statement

Ø Modeling Balance Sheet

Ø Modeling Cash Flow Statement

· Sensitivity and scenario analysis with Financial Modeling

Module 4: Financial Reporting and Analysis

· Designing a Dashboard like Control Panel. Basic statistical tools for financial analysis

· Creating variance analysis with Excel dashboard and preparation of management report

· Financial Analysis Techniques. Cost-Volume-Profit Analysis, Margin Analysis.

· Interpretation of financial reports. Horizontal, vertical and ratio analysis.

Module 5: Financial Planning and Modeling in Practice

· Practical examples and case studies from Oil Industry Modeling and Budgeting

· Practical examples and case studies from Fintech Industry Modeling and Budgeting

· Practical examples and case studies from Telecom Industry Modeling and Budgeting

· Financial Planning and Modeling tasks, exercises and workshops

4. Course Delivery

• This is an instructor-led course with practical exercises and case studies.
• Participants will receive a course manual and access to relevant templates and tools.
• The course can be delivered in-person or online.

5. Course Duration

• The course will be delivered over 2.5- 3 months.
• Training Sessions will be delivered twice a week.

6. Prerequisites

• Basic knowledge of Excel is required.
• Participants should have a background in finance or accounting.

7. Assessment

• Participants will be assessed based on their participation in case studies and practical exercises.
• A final assessment will be conducted at the end of the course.

8. Payment Terms

• Overall course payment is AZN 550 for three months.
• Payment can be made lump sum, or periodically(monthly)
• First ten students will get 10% discount on the course fee

9. Certification

Participants who successfully complete the course will receive a certificate of completion.

10. Contact Details

Website: erconsultings.com

Mobile/WhatsApp: +994552150200

Email: [email protected]