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
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.
- 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
- 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
""The virtual classroom was engaging and it felt like a classroom training"" ~ HR, International Investment Bank
View video to get a flavour of the course
What is a Virtual Classroom
Virtual Classroom training is a new and highly engaging way of delivering programs remotely with enhanced levels of interactivity compared to conventional webinars. In AMT’s Virtual Classroom participants are encouraged to activate their own webcams and mics throughout the class allowing for real-time engagement, both verbal and non-verbal, with fellow participants and their trainer. Participants can also share their screens to get instant assistance in any technical exercise; just like asking the trainer to walk over and help in the classroom! We have seen a step-change in participant engagement with this new technology. The trainer’s ability to see a selection of their participants’ faces in real-time, and to react to their verbal and non-verbal cues creates a remarkably realistic classroom-like experience. For an example of the technical requirements of for our Virtual Classrooms click here.
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.
This course is non-residential. The venue will provide light refreshments. AMT reserve the right to cancel or postpone sessions or change content if registrations are insufficient to continue 2 weeks prior to scheduled commencement date. Registrants will be given at least 5 business days’ notice of such changes.