FM049: Advanced Financial Modelling Using Excel

Transcription

1 FM049: Advanced Financial Mdelling Using Excel FM049 Rev.001 CMCT COURSE OUTLINE Page 1 f 5

2 Training Descriptin: In the ever-changing business envirnment, being able t accurately mdel and frecast the vlatile ecnmic inputs is a critical skill fr business prfessinals. Build n yur existing mdelling skills and apply new techniques t better analyse financial data, predict revenues and cst and assess risks t justify business decisin in the mst time-efficient and effective way. During the curse, participants will hne their advanced mdelling skills and experience designing slutins t real-wrld examples. Learn t efficiently build an effective and rbust financial mdel based n realwrld financial mdelling challenges. Incrprate current ecnmic uncertainties int the mdel in rder t take calculated risks and make mre infrmed business decisins. Training Objective: By the end f the training, participants will be able t: Streamline mdel building by applying best practice functins, tls and techniques Apply cmmnly used frmulas in new and different ways Quantify uncertainty by applying varius methds f scenaris and sensitivity analysis Minimise manual labur and autmate cmmn tasks by building macrs int yur mdels Learn hw t expedite and enhance the decisin-making prcess Maximise yur analytical abilities by learning cnventinal and new appraches f mdelling Translate business cncepts int lgically structured mdels and frmats Learn t rebuild, audit and validate an inherited mdel Training Designed fr: This hands-n curse is designed fr middle and senir business and finance prfessinals as well as general managers wh need t use financial mdels t measure business perfrmance, including Finance Managers and Cntrllers, Strategy Directrs and Managers, Budget, Crprate, Business and Financial Analysts, Prject Managers and Risk Analysts, Investment and Management Accuntants, Heads f Business Units and Business Planners, Financial Advisrs and Crprate Analysts Training Prgram: DAY ONE: PRE-TEST Thery and Best Practice Excel Versins Upgrading t Excel 2016 and technical differences between versins Cnsideratins when building a mdel fr users f different versins Cell Referencing & Named Ranges Applying abslute and relative cell referencing and understanding its imprtance in Financial Mdelling FM049 Rev.001 CMCT COURSE OUTLINE Page 2 f 5

3 Using named ranges fr assumptins reference Best Practice in Financial Mdelling Overview f the six pints f financial mdelling best practice Strategies fr Reducing Errrs Techniques t emply during the mdel building prcess t maintain mdel integrity and reduce the ptential fr frmula r lgic errr Excel Errrs Cmmn errrs in mdelling. Crrecting and suppressing errrs. Lcating and dealing with circular references DAY TWO: Advanced Tls and Functins Lkup Functins Ging further than a VLOOKUP. Nesting Lkup functins with COLUMN r MATCH and using clse match INDEX/MATCH Quick ways t nest an INDEX and MATCH functin as an alternative t LOOKUPs OFFSET Functin Staggering start dates, and manipulating cashflws with OFFSET Array Frmulas Prs and cns f using array frmulas and their use in financial mdelling Using TRANSPOSE Frm Cntrls Use f frm cntrls such as spin buttns and cmb bxes DAY THREE: Rebuilding an Inherited Mdel Hw lng shuld a frmula be? Deciding when t break a cmplex frmula in several steps t maintain transparency and allwing ease f mdel auditing Audit Tls Summary f cmmnly-using audit tls t take apart thers mdels What Makes a Gd Mdel? Attributes f a gd mdel such as user-friendly and structural features What Makes Pr Mdel? Rebuilding an Inherited Mdel Critique f a prly built financial mdel using mdel audit tls and identify why it des nt fllw financial mdelling best practice Advanced Techniques Escalatin Methds Cmparisn f different methds f indexatin (r escalatin r grw rate) and applying cmpunding inflatin Pivt Tables in Financial Mdelling Prs and cns f the relevance f Pivt Tables in financial mdelling FM049 Rev.001 CMCT COURSE OUTLINE Page 3 f 5

4 Macrs in Financial Mdelling Prs and cns f autmating yur financial mdel fr the user with Macrs Waterfall Charts Creating a simple dynamic waterfall chart with up/dwn bars DAY FOUR: Scenaris and Sensitivity Analysis Overview f Scenari Analysis Methds Technical methds f creating scenari and sensitivity analysis in Excel Data Tables Shw multiple scenari utcmes simultaneusly with ne and tw-dimensinal Data Tables Advanced Cnditinal Frmatting Learn hw t autmatically highlight selected scenaris using cmplex cnditinal frmatting Using the Scenari Manager Brief verview f hw t use the scenari manager in cmparisn t ther scenari tls Cmparisn f Scenari Methds Practical Exercise: Build a prperty develpment mdel using three different scenari analysis methds; an in-cell drp-dwn bx, a cmb drp-dwn bx and a data table DAY FIVE: Practical Financial Mdelling Building n the tls and techniques cvered Appllicatin advanced mdelling skills t build a cmplex, yet rbust and user-friendly financial mdel Factry Rllut Mdel Wrking n a startup funding mdel Evaluatin f input assumptins Calculatin f revenue and csts f prductin t calculate cash requirements Building a full set f financial statements with particular emphasis n linking the prfit & lss statement, cash flw statement and balance sheet tgether Curse Cnclusin POST-TEST and EVALUATION Training Requirement: Hand s n practical sessins, equipment and sftware will be applied during the curse if required and as per the client s request. FM049 Rev.001 CMCT COURSE OUTLINE Page 4 f 5

5 Training Methdlgy: This interactive training curse includes the fllwing training methdlgies as a percentage f the ttal tuitin hurs:- 30% Lectures, Cncepts, Rle Play 30% Wrkshps & Wrk Presentatins, Techniques 20% Based n Case Studies & Practical Exercises 20% Vides, Sftware & General Discussins Pre and Pst Test Training Certificate(s): Internatinally recgnized certificate(s) will be issued t each participant wh cmpleted the curse. Training Fees: As per the lcatin - This rate includes participant s manual, hand-uts, buffet lunch, cffee/tea n arrival, mrning & afternn f each day. Training Timings: Daily Timings: 07:45-08:00 Mrning Cffee / Tea 08:00-10:00 First Sessin 10:00-10:20 Recess (Cffee/Tea/Snacks) 10:20-12:20 Secnd Sessin 12:20-13:30 Recess (Prayer Break & Lunch) 13:30-15:00 Last Sessin Fr training registratins r in-huse enquiries, please cntact: Aisha Relativ: aisha@cmc-me.cm Tel.: r Mb.: Training & Career Develpment Department FM049 Rev.001 CMCT COURSE OUTLINE Page 5 f 5