London

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Who should attend the course?

  • New hires who have joined the firm late and missed the in-house program
  • Individuals looking to fill a knowledge gap
  • Experienced bankers looking to refresh their technical skills
  • Teams employed in financial strategy roles from non-banking corporations
  • Graduates preparing to interview for a role in the finance sector
  • Students at business school and looking for a career in finance

Course details

Financial Modeling - From Scratch

This session teaches participants how to build a three statement forecast model starting from a blank Excel spreadsheet. We begin by setting up a roadmap to guide us through the modelling process and then we proceed to build up a model template which we populate with historical financial information drawn from the case company’s financial statements.  We analyse the company’s historical data by calculating financial ratios, which are then utilized as a basis to set the assumptions driving the financial forecasts. The full forecast model, comprising income statement, balance sheet and cash flow statement, is then built. As we build the model, we examine various forecasting techniques for the key elements of the financial statements. Once the model is complete, we test its integrity and we sanity-check the financial forecasts. 

 

Learning outcomes

  • Identifying relevant information in the company’s financial statements, management discussion and analysis, and notes
  • Isolating historical non-recurring income and expenses
  • Forecasting techniques
  • Revenues and operating costs
  • Operating working capital
  • Fixed assets - capital expenditure and depreciation
  • Intangible assets
  • Provisions
  • Effective tax rate, taxes payable and the various deferred tax items
  • Debt schedule
  • Equity and share repurchases
  • Balancing accounts (balance sheet plugs)
  • Building a cash flow statement from scratch
  • Documentation techniques
  • Integrity checking
  • Sanity-checking the financial forecasts

 

 

"It's great to have access to the AMT online platform. I found the videos and quizzes really useful to refer back to after my public course. The videos in particular were simple and easy to understand." ~ analyst, private equity firm

View video to get a flavour of the course

Course materials

While this is a face to face training course, a blended learning approach is taken and delegates will be provided with access to AMT Online. Our study materials contain both the knowledge and practice materials required to assist with the learning process and help you in your job role. Course materials include:

 

  • e-binder
  • laminated summary sheets
  • 24/7 access to DELTA online learning environment
  • class recordings
  • course notes
  • quizzes
  • electronic homework/study files

Related courses

Prerequisite

Delegates will be taught how to build a fully integrated Model from a blank Excel spreadsheet. A solid understanding of Financial Statement Analysis and Financial Modeling using a template is required in order for this day to be beneficial:

 

 Financial Modeling from Scratch puts the skills developed in the courses below, into practice by building a new model from the beginning: