IIM SKILLS vs NSE India Financial Modeling Course – Which Course To Choose
This article will give you a complete idea about the IIM SKILLS vs NSE India Financial Modeling Course. In today’s competitive world, we get a lot of options in whatever we want, it can be anything from products, and services to courses offered, which is a good thing for sure, but very confusing also. There are a lot of options to choose from different courses, offering mostly the same course contents. In such a case, if there is a point-wise comparison of the related courses, then our decision-making process can be much easier, and we can choose a course that is the best.
So, before we start with our comparison between IIM SKILLS vs NSE India Financial Modeling Course, let us understand financial modeling.
About Financial Modeling
If you are working in the finance or accounting sector, then it is important to know the concept of financial modeling. Financial Modeling predicts a company’s future financial performance based on the analysis of its facts and figures.
This analysis or decisions are based on the financial models that are developed in excel. Many different types of models are available to solve different types of scenarios.
A financial modeling course enables students to perform the analysis and learn to develop models in excel. So, if you have prior experience in excel, then it is an added advantage in learning financial modeling. Although many institutes like IIM Skills provide basic knowledge of excel as part of the financial modeling course. So, it is not a prerequisite to know excel before joining the course. But basic knowledge of accountancy is required for the financial modeling course so you have the concept clarity before moving to a higher level.
Types of Financial Models
Many different types of financial models can be used in different scenarios. A financial model should be flexible and should account for any future changes in the business, since financially things keep changing in the business and the model does not allow any changes or it is designed in a way that it is difficult and time-consuming to make and implement changes, then it cannot be termed as a good financial model. Few of the types of financial models –
- Three Statement Model
- Discounted Cash Flow (DCF) Model
- Merger Model (M&A)
- Initial Public Offering (IPO) Model
- Leveraged Buyout (LBO) Model
- Sum of the Parts Model
- Consolidation Model
- Budget Model
- Forecasting Model
- Option Pricing Model
I will be comparing the IIM SKILLS vs NSE India Financial Modeling Course based on different parameters like course modules, course contents, duration of the course, course fees, and more. Each section will give you a complete idea about the courses offered by both institutes in detail.
It is very important to choose a course that will help you sharpen your skills and capabilities and helps in your career development. So, this comparison between IIM SKILLS vs NSE India Financial Modeling Course will help you to analyze both the courses and make the decision accordingly.
Let us Begin our Comparison Between IIM SKILLS vs NSE India Financial Modeling Course, with IIM Skills.
IIM Skills
In just over 5 years IIM Skills have delivered over 2500 training. IIM Skills started its journey as a blog dedicated to educational articles and information. With its reach to over 1 million people digitally, it decided to launch its training program. The first course they launched was the content writing course.
IIM Skills is an institute that conducts online classes for various courses, with its headquarters in New Delhi, India.
IIM Skills is one of the few institutes that offer online live professional courses, with an affordable fee structure. The fees for any of the courses offered by IIM Skills are all-inclusive amounts. For any internship or additional lectures or study materials provided, they do not charge any extra fees. Whereas in the case of some institutes, there are additional fees or charges for internship opportunities or doubt-solving sessions.
All the training programs are designed in such a way that it enables the participants to face the practical problems that they will face on the job.
Now let us see the Financial Modeling course highlights offered by IIM Skills.
Course Highlights:
- Classes are conducted live
- Flexible scheduling – before enrolling you have the option to choose from the weekend or weekday batches
- Practical assignments of over 100 hours
- Hands-on learning with 4 live projects and 5 case studies
- Full placement assistance with support in preparing for an interview
- Tool-based practical learning
- Mentorship by industry experts with 12+ years of experience in their respective fields
- Access to the IIM Skills community, where you can watch recorded live classes, study materials, and ebooks
- Fee-back guarantee if you want to discontinue the course
- MSME Govt of India accredited certification from IIM Skills
- 24×7 learning and technical support
- A guaranteed internship is provided to students after the course
Course Duration :
The course duration is for 3 months with over 50 hours of lectures and over 100 hours of practical assignments to train and prepare students for the practical world. Along with it, you will also get the opportunity to learn from 4 live projects and 5 case studies.
Along with this, students will also be provided 2 months of guaranteed internship in the fields of investment banking, financial modeling specialist & valuation advisory.
If you like to inquire more about the financial modeling course, then below mentioned are the details of the institute:
Phone Number: +91 9911839503
Email Id: info@iimskills.com
Website: https://iimskills.
Tools used in this Program:
- Excel
- PowerPoint
Who are Eligible to Enroll in the Financial Modeling Course by IIM Skills:
There are no prerequisites to join the financial modeling course offered by IIM Skills. Participants with any educational background and experience level can join the course.
But it is recommended that an individual should have basic knowledge of excel and accounting. Knowing both these things will provide an added advantage in learning the course and it will be easy to grasp things.
But, saying that, IIM Skills in the very first module, teaches basic excel concepts. So, in case you have no experience or knowledge of excel, then also you can enroll in the financial modeling course offered by IIM Skills.
Now Let Us See the Course Modules of the Financial Modeling Course Offered by IIM Skills
Course Modules:
The Financial Modeling Course Offered by IIM Skills is Divided Into 6 Modules –
Module 1 – Training in Excel – starting from the basics and then heading to the advanced levels
Module 2 – Learning the various concepts of accounting and analyzing financial statements
Module 3 – Ratio / KPI analysis
Module 4 – Learning the basics of financial modeling
Module 5 – Clarity in understanding various types of financial models
Module 6 – Business valuation
Course Fees:
The financial modeling course fees are ₹ 39,900 + 18% GST, which are very affordable as compared to other institutes.
Now, these were the complete details about the financial modeling course offered by IIM Skills. Let us now do a detailed analysis of the financial modeling course offered by NSE India, so can easily compare IIM SKILLS vs NSE India Financial Modeling Course.
Recommended Read:
IIM SKILLS Financial Modeling Course Review
Financial Modeling Courses In India
IIM SKILLS offers courses like –
Digital Marketing Master Course
Coming to NSE India in this comparative analysis of IIM SKILLS vs NSE India Financial Modeling Course, we will look into the course structure in detail.
NSE India
NSE India Offers Many Different Types of Programs Like –
- Online Interactive Courses
- Online Recorded Courses
- Classroom Courses
- PG Full-Time Programs
- PG Weekend/Executive Batches
There are many courses available that a student can join to learn financial modeling.
Financial Modeling – Online Recorded Course:
NSE India offers a Certification in Online Financial Modeling course, which is an online recorded class. The course is designed in such a manner that it provides practical exposure to the course participants so that they can successfully use the acquired skills to solve the problems that they face on the job in real-world scenarios.
It is much more important that a course focuses on the practical aspects rather than teaching only the theory and definitions.
Course Highlights:
- The financial modeling course offered by NSE India is divided into 59 videos of over 10 hours of content in total
- It is a pre-recorded course
- You will get access to over 30 additional study materials
- At the end of the course, you can appear for a full-length test
Course Modules:
The Financial Modeling Course Offered by NSE India is Offered in 6 Modules –
- Learning the concept of financial modeling and financial statement
- Learn to build a financial model
- Practically learn through a case study – how to build a financial model
- Learn to analyze financial statements
- Learn different methods of valuation
- Case study on financial modeling
Course Fees:
The fee for the financial modeling course offered by NSE India is INR 9,000.
Eligibility Criteria:
As Per the Course Page of NSE India, the Following Individuals Are Eligible to Apply for the Financial Modeling Course –
- Students who have completed or undergoing MBA in Finance, CFA, CA, or Commerce degree
- Individuals who want to work as an Equity Research Analyst in their career
- Individuals who are currently working in the finance sector and want to develop their career in the field of Equity Research field.
Certification in Equity Valuation and Financial Modeling Course – Live Online Class:
Another course offered by NSE India is the Equity valuation and financial modeling course, which is an interactive live class.
Course Highlights:
- The equity valuation and financial modeling course offered by NSE India is divided into 59 videos of over 10 hours of content in total
- Additionally, there is a 24-hour live session where you can clear your doubts
- It is a pre-recorded course
- You will get access to over 30 additional study materials
- At the end of the course, you can appear for a full-length test
- There is an option to undergo an internship of 10 hours, but for that participants need to pay INR 5,000 + 18% GST additionally apart from course fees.
Course Fees:
The fee for the equity valuation and financial modeling course offered by NSE India is INR 20,000.
There are many finance-based courses available on NSE India. If you would like to know more about their courses, you can check their site.
This was a detailed comparison between IIM SKILLS vs NSE India Financial Modeling Course. Now let us have a look at the brief comparison between both the institutes so you get a clear idea about making the correct decision of choosing between IIM SKILLS vs NSE India Financial Modeling Course.
Comparison between IIM SKILLS vs NSE India Financial Modeling Course– in a nutshell
The financial modeling course offered by both the institutes – IIM Skills and NSE India is designed in a way that will sharpen your skills and prepare you for the job roles in the field of financial modeling.
NSE India offers many different types of programs like Online Interactive Courses, Online Recorded Courses, Classroom Courses, PG Full-Time Programs, and PG Weekend/Executive Batches. In these types, financial modeling course is offered as a recorded program and a live course as well. There are many other short certificate courses that you can enrollin to learn parts of financial modeling like Stock Market for Beginners, Essential Technical Analysis, Fundamental Analysis for Equity, Macro Economics for Financial Markets, Financial Planning & Wealth Management, and Equity Research, and Valuation Course and more.
IIM Skills provides Live online classes, for the financial modeling course, with an option to choose from weekend or weekdays batch. The institute offers a complete learning experience divided into 6-course modules, that includes basic excel learning knowledge about the basics of financial modeling to learning to make different types of models.The course modules are –
Module 1 – Training in Excel – starting from the basics and then heading to the advanced levels
Module 2 – Learning the various concepts of accounting and analyzing financial statements
Module 3 – Ratio / KPI analysis
Module 4 – Learning the basics of financial modeling
Module 5 – Clarity in understanding various types of financial models
Module 6 – Business valuation
The financial modeling course by IIM Skillsis designed in such a way that it gives you complete knowledge of financial modeling and prepares you for on-the-job challenges.
Also, an important point to note is that IIM Skills provides its students with 2 months of guaranteed internship in the fields of investment banking, financial modeling specialist & valuation advisory.In Equity Valuation and Financial Modeling course by NSE India, there is an option to undergo an internship of 10 hours, but for that participants need to pay INR 5,000 + 18% GST additionally apart from course fees, whereas IIM Skills does not charge any extra amount for the internship. This is an important differentiating factor in the comparison between IIM SKILLS vs NSE India Financial Modeling Course.
This was a brief comparison between IIM SKILLS vs NSE India Financial Modeling Course.
Now, let us address a few questions which are asked commonly before the financial modeling course, so you get a clear idea about choosing between IIM SKILLS vs NSE India Financial Modeling Course.
Frequently Asked Questions
1) Does the Financial model help prevent losses?
Let us understand this concept with an example. Suppose a manufacturing company wants to import cheaper spare parts for its product, to increase its profit margin and reduce the cost of production. This requires advance payment in cash. Now the role of a financial modeling expert is to determine whether a company should proceed with this change or continue with the current production with existing imports.
So, after the analysis, it seems that the company will have negative cash flow for about 4 months till the shipment arrives. But once the final product is manufactured and sold, it will be positive.
Financial modeling helps in forecasting the losses and so it helps in preparing the company for any unforeseen change. Predicting the losses helps minimize them. So, a financial model does not prevent losses but helps to predict them and minimize them.
2) What are the fees for the Financial Modeling Course?
Many institutes are providing financial modeling courses and the fees charged by them can vary from $100 (can be even less) to $1,000 (or more). The financial modeling course fees depend on a lot of points, such as the reputation of the institute, course syllabus, classroom-based courses, online courses, and more.
Before selecting any course do have a look at the comparison between the course fees and the course contents it has to offer. Sometimes we might feel that the course is charged at a very high price, but it can be an elaborate course that will prepare you for the financial modeling role. Alternatively, it might also happen that the course fees are much less compared to other courses, but it only offers a certain portion of the financial modeling as part of its course offering.
So, it is very important to go through the course modules in detail before deciding about the course. The courses are quite exhaustive as it includes basic training in excel to prepare financial models and analyze them.
3) What makes the financial modeling courses preferable to students and professionals?
The financial modeling courses with extensive lectures and over 100 hours of practical assignments train and prepare students for the practical world. Along with it, you will also get the opportunity to learn from live projects and case studies. It also offers lucrative income opportunities and the chance to explore and discover your talents for finance and numbers.
Along with this, students enrolling in financial modeling courses are offered internships in the fields of investment banking, financial modeling specialist & valuation advisory.
There are many important points for financial modeling training programs that make these courses the best choice for finance professionals and people interested in working with numbers and excel.
- Learning the fundamentals and advanced concepts of financial statements and financial structure.
- Practical assignments
- Hands-on learning with live projects and case studies
- Full placement assistance with support in preparing for interviews
- Tool-based practical learning
- Mentorship by industry experts with years of experience in their respective fields
- Access to the experts in the finance community,
- Case studies, learning materials, and ebooks. For online classes, you get access to recorded classes as well.
- Learning and technical support
- Internships are provided to students after the course
Final Thoughts on the IIM SKILLS vs NSE India Financial Modeling Course
The course selection should be based on many factors, and you must read and go through the course details accurately before joining the course.
Before selecting between IIM SKILLS vs NSE India Financial Modeling Course, do check on these points:
- Attend a demo class that is offered by the institutes to get a clear idea about the course and its contents. IIM Skills offers a free demo class for all its courses which you can attend to get a better understanding of the topic
- Go through the course modules carefully and make sure it adds value to your existing position and knowledge
- Always inquire about the placement support provided at the end of the course. Also, do check about the internship offerings.
- In case you are a working professional or student with long hours of working or stay in a place where the institute is not located, do not hesitate to contact the instate to inquire about the online class option. Nowadays, mostly all institutes are offering online classes for the convenience of their students.
I hope this comparison between IIM SKILLS vs NSE India Financial Modeling Course, must have provided you with better clarity about both the institutes and the financial modeling courses offered by them. You can check out their demo sessions and talk to the experts at the institute before enrolling in the particular course.