In simple terms, Financial Modeling can be explained as a process of creating an overview of a company’s finances, expenses, and earnings in the form of a spreadsheet, or software tools to forecast and analyze the future performance of the company in a more calculative manner. Financial Modeling includes the usage of numerous techniques and tools to analyze past financial performance to predict future financial performance. Financial Modeling is most commonly used in investment banking, portfolio management, strategic planning, etc. Read the full guide to know about the best financial modeling courses in Singapore.
Financial Modeling Courses in Singapore Explained
For any company, the finance department is one of the most important departments. Since all other departments in a firm are dependent on finance, a company itself is dependent on finance. In a field of such importance, it is vital to appoint employees that are skilled and knowledgeable. Since a lot of aspiring young adults from a commerce background are interested to join the finance department in the top companies, pursuing a Financial Modeling course proves to be quite efficient.
Financial Modeling courses in Singapore are the courses simply put up for candidates that are trying to get into the field of finance. Singapore is a huge hub of business and finance with various organisations providing great opportunities.
Scope of Financial Modeling Courses in Singapore
For the longest time, Singapore has been known for its financial services industry, including banking, private firms, finance sector. So as it is understood, Financial Modeling skills are widely valued in these streams, as they prove to be fairly valuable for making effective business decisions, future valuation analysis, and strategizing investment plans.
Below are a few reasons why Financial Modeling courses in Singapore have a promising future:
- Wealth Management: Singapore is known to be a major wealth center with high-valued businesses and companies. Professionals seeking to work in wealth management, need to build a wide portfolio for themselves to assess strategies, investment opportunities and risk management. Financial Modeling courses in Singapore help individuals gain all the expertise needed to flourish in this industry.
- Venture Capital: With a thriving start-up ecosystem, Singapore is emerging as a very strong financial capital. The government of Singapore is taking initiatives to support programs and pieces of training for Financial Modeling. Since start-ups and venture capital undertakings require a great deal of financial expertise in establishing robust financial firms, Financial Modeling is playing a vital role in developing a workforce that is equipped to adjust to a constantly changing environment.
- Investment Banking and Private Equity: Singapore has a firm base of investment banks and private equity firms. These entities demand professionals equipped to deal with the cut-throat market competition to analyze investment opportunities, conduct due diligence, and evaluate possible mergers and acquisitions in the future. Financial Modeling courses provide all the necessary skill sets required to excel in this field.
- Employment Opportunities: Financial Modeling skills are high in demand by employers in finance-related industries. Singapore offers a wide scope of chances to work in investment banking, corporate finance, private equity, venture capital, real estate, and consulting.
In Today’s times, almost all financial firm requires Financial Modeling professionals to estimate and analyze the performance of their financial assets in the long term and accordingly make decisions on future investments. Financial Modellers are most commonly hired by:
-Equity Research Firms
-Credit Rating Companies
-Project Finance Companies
-Corporate Finance Companies
-Venture Capital Companies
Top 5 Financial Modeling Courses In Singapore:
1. IIM SKILLS:
IIM SKILLS is India’s top institute that has curated online Financial Modeling Courses in Singapore covering varied financial models using Python and Excel. The course is mindfully designed by industry experts with a lot of experience, such that it covers all the modules that are of importance to crack top-level jobs in the industry.
Fee: 650.12 Singapore Dollar
Duration: 3 Months + 2 Months Internship
Eligibility: A pursuing or passing out a degree in commerce or a finance-related stream. Fundamental knowledge of computers. Preferred basic knowledge of MS Excel.
Objectives of the Program:
-To make the applicant qualified for creating efficient and strong financial models to analyze future decision-making.
-To teach the participants how to narrow down complex financial information in a clear concise manner to communicate their conclusions to clients, stakeholders, or management.
-To make the candidates participate in how to construct accurate financial models from scratch till the end.
-To efficiently develop a business valuation report based on all the financial data provided.
Basic and Advance Level-
This part of the module will include an introduction to MS Excel, keyboard shortcuts and their importance, rules of conditional formatting, concepts of freezing of cells, rows, and columns, Data validation, sorting, and filters, using Excel functions as well as formulas, sensitivity analysis, data tables, etc.
Accounting Concepts and Financial Statements-
This module will wildly cover key accounting fundamental concepts, including cash reporting, double entry booking keeping, Full disclosure concept, and business entity concepts. Understanding income statements, balance sheets, cash flow statements, and their salient features. Concepts of revenue, direct cost, indirect cost, current assets, current liabilities, shareholders equity, deferred revenue, etc.
This module will cover all the different ratios such as profitability, liquidity, solvency, efficiency ratios, and market ratios that help in examining the performance and financial health of the company in the long term.
Technicals of Financial Modeling-
This part of the course will be the introduction to the structure of Financial Modeling. This will also include understanding different financial statements, best Financial Modeling practices, key formatting tips, creating a financial summary, conclusive reports and usage of Python for Modeling.
Different types of Financial Models-
This module covers all the key Financial Models that can be used by the company that best suits the structure of the business. The models include LBO Model, M&A Model, Private Equity Return Model, and 13 Week Cash Flow Model.
This is the last but not least module that includes various valuation approaches for the business. The different types of valuation processes are Relative Valuation, DCF Valuation, and NAV Approach Valuation.
The course is an online program that gives access to the students anytime, anywhere, making it hassle-free. The schedule of the program is also quite flexible, especially for working professionals, if a student is not available to take the class, backup classes or recorded sessions are always available at the disposal. All the course material will be provided by the institute that can be accessed lifetime.
Phone: +91 9580740740
2. Singapore Management University:
SMU provides a Practical Financial Modeling and Valuation workshop that helps participants establish a strong foundation for valuing a business, including practice sessions using various tools to be proficient in creating basic financial statements. Students will also try their hands at performing various analyses of business structure and cash flow to estimate the value of the company.
Fee: SGD 1728.00 Approx.
Duration: 2 Days, Weekdays (9 am-5 pm)
Eligibility: Graduates, Financial Professionals, Investment Analysts, and New entrants to the finance industry.
*Admission subject to approval
The objective of the Program :
-Mastering the basics of Financial Modeling
-Building a model based on a core financial statement
-Learning skills required to understand different approaches to valuation
-Understand the impact of financial strategies on business valuation
-Use Financial Modeling to support investment decision making
Principals to Modeling-
To excel at Financial Modeling one should be able to learn decision-making at various managerial levels apart from just learning how to put numbers into a spreadsheet. The candidate will also be learning strategic planning which involves a detailed analysis of the financial performance of the company.
Structuring Financial Models-
There are various types of financial models required by firms, which may vary according to their needs. The workshop will include basic elements of financial models such as a Profit & Loss Statement, Balance Sheet, Ledger Accounts, etc.
Impact of Strategic Decision-Making-
Strategies have a significant impact on various aspects of a business, in this workshop candidates will learn about competitive advantage, financial growth performance, risk management, stakeholder relationships, innovation, and technology adoption. The model will help carry out scenario analysis based on different business factors. These decisions are to be overlaid with different financial models.
Learning Various Forecasting Techniques
The course will include a deep understanding of finances and economics that are also vital for time series analysis, forecasting revenue expenses, and key financial metrics.
This SMU Financial Modeling program operates on a practical and interactive approach. The students will gain hands-on experience using MS Excel and other tools to build a financial model from scratch.
Phone: + 65-6828 0971
3. AMT Training:
This institute imparts a Financial Modeling Bootcamp course that helps candidates in building a fully consolidated forecast model for corporate learning formula construction, keyboard shortcuts, and much more. The training programs also help equip the learners with the important techniques and tools needed to minimize errors and create models that are easy to interpret, adapt, and audit.
Fee: Not Available
Duration: 1.5 hrs of video lecture, which takes Approx. 3 hours to complete.
Eligibility: The course is open to all. For ease of access, one must know the basics of MS Excel and Financial statements.
Objectives of the Course:
-To teach students Income Statements, Balance Sheets, and Cash Flow statements, given a set of forecast assumptions.
-Build all Excel formulas correctly.
-To be able to balance the balance sheet from a well-organized Cash Flow Statement.
-To be able to check the complete financial model for errors and to create it professionally, ready to be shared with clients.
AMT Training joined hands with Training The Street, their e-learning is now offered on TTS’s online learning platform.
The Financial Modeling Courses they offer:
The 10 courses bundle – Valuation, Modeling, and Origination
- Financial Statement Analysis
- Excel Best Practices for PC: Become an Excel expert
- Financial Modeling: Building a complete model in Excel
- Corporate Valuation: How to value companies and Mergers
- Merger Modeling: How to build an M&A model in Excel
- Building an LBO model in Excel
- Capital marketing and Corporate Funding
- Debt Capital Markets
- Equity Capital Markets
- Applied Excel: Working with Data sets and scenario analysis
Phone: +852 39053058
4. Knowles Training Institute:
The institute offers a Financial Modeling course in Excel, which helps candidates in learning how to manipulate Excel spreadsheets and create financial models in much lesser time. One must also be familiar with different technological skills needed to perform in different software, one of the most important being MS Excel.
Fee: SGD 789.00 Approximately
Duration: 2 Days (9 a.m. to 5 p.m.)
Eligibility: Anyone interested in learning Financial Modeling, Managers, Team Leaders, Executives, Assistants, Officers, and Secretaries
Objectives of the Course:
-To explain Financial Modeling
-Be able to build efficient financial models
-Understanding how to use Excel to create Financial Models
-Acquire the necessary knowledge needed to build Financial Modeling
-To be able to translate all the Excel data into tables, sheets, and charts
-To be able to create and organize Financial Modeling presentations using Excel
-To know when what can be avoided while creating a Financial Modeling report in Excel
Contents of the Course:
- What is Financial Modeling?
- How to build a Financial Modeling?
- Why use Excel for Financial Modeling?
- Beginners guide to excel
- Using Excel to build Financial Modeling
- Using Tables and Charts in Excel
- Using functions in Excel
- Effective designs and templates for Financial Modeling
- How to organize data in Excel?
- Things to avoid when making a Financial Modeling
Phone: +65 69357406
Simplilearn offers Financial Modeling Career Advancement Bundle not only for freshers but also for working professionals. This one of the best financial Modeling courses in Singapore helps students in developing the knowledge of Financial Modeling, financial data analysis and thereby helping them in taking efficient financial decisions. The online boot camp helps in understanding Financial Modeling techniques and also building valuation models using MS Excel.
Fee: Not Available
Duration: 15 Hours
Eligibility: Graduates, Post-Graduates, Professionals with experience, Professionals seeking to switch careers from any other stream than Finance
Objectives of the Course:
-To understand the Financial Modeling techniques
-Competency in the foundation and advanced Excel techniques
-Ability to build valuation models with MS Excel
-Better management skills for Financial Models
-Greater roles and responsibilities in finance
-Globally recognized certificate for professional gains
-To enhance one’s proficiency in the financial domain
-To provide a complete working knowledge of financial concepts
-To enrich the ability as an employee of the organization to handle financial objectives and decisions
-To improve communication with finance managers
This online course includes modules that include an introduction to the course structure with spreadsheet usage in Financial Modeling. This will also cover an introduction to valuation Modeling, profitability analysis, capital usage and diversification, advanced company valuation, debt and equity structure, and spreadsheet data manipulation.
Phone: +65 8004922295
Email: Not Available
FAQs about Financial Modeling Courses in Singapore
Q: What is a Financial Modeling course?
A: A Financial Modeling course is a specialized training program that provides individuals with the knowledge and skills necessary to create and analyze financial models. These models are used to forecast and evaluate the financial performance of a company or project.
Q: What are the eligibility criteria that one should fulfill to take up a Financial Modeling course?
A: The eligibility criteria to take up a Financial Modeling course can vary depending on the institution offering the course. The criteria may include some basic understanding of accounting principles, expertise in using software like Microsoft Excel, and a solid understanding of financial principles, the concept of business finance should be very clear for easier understanding of Financial Modeling.
Q: What are the benefits of Financial Modeling courses in Singapore?
A: One should be able to achieve a 360-degree understanding of the business finances, upon completion of the course one should also be able to analyze, predict business performance, and learn how to work on spreadsheets. Leaning Financial Modeling may build a strong portfolio for job market research. It may lead to a strong, stable career in the field of finance, great work opportunities, and furthermore gaining a perspective on transiting to new career goals or improving your own business.
Q: Which is better CFA or Financial Modeling?
A: Both CFA and Financial Modeling play very different roles in elevating one’s career options. While CFA differs in job roles to a financial modeler, both are great career choices. Mostly the decision depends on an individual’s area of interest. Both require a great amount of finance and accounting knowledge to smooth the further process of achieving business goals and efficient functioning of all the departments concerned.
Q: What is the duration of financial modeling courses in Singapore?
A: The duration of a Financial Modeling course can vary depending on the program and the level of the course itself whether basic or advanced. Courses can range from a few hours to a few days to several weeks, with some advanced-level programs that may take upto several months. Online courses may offer flexible schedules and self-paced learning options like video recordings to be watched at a later time for working professionals and students.
Q: What is the medium through which the Financial Modeling courses are delivered?
A: Financial Modeling courses are delivered in a wide range of formats. They can be offered as in-person classes conducted at institutions or training centers. However, they may also be delivered as online courses, allowing learners to access materials and lectures remotely and at their own pace.
Q: What could be the scope of Financial Modeling after the course?
Financial Modeling has a vast scope, it can be used in one’s current job in the finance industry for successful decision-making, related to varied business needs, funding, budgeting, forecasting future patterns, etc.
Why should I learn Financial Modeling?
Learning Financial Modeling can have a lot of benefits, especially if one works in finance, accounting, investment banking, private equity, or any field that requires financial analysis.
Below are a few reasons one should take up Financial Modeling courses in Singapore:
- Decision Making: Financial models help one evaluate investment opportunities, mergers and acquisitions, and other financial decisions by providing insights into their potential outcomes.
- Valuation: Financial Modeling allows you to estimate the value of the companies, assets, or projects, which is crucial for investment analysis and business valuation.
- Forecasting: By building financial models one can forecast future financial performance, identify trends and assess risk.
- Communication: Financial Models help you represent complex financial information in a clear and concise manner, making it easier to communicate with stakeholders and decision-makers.
- Career Advancement: Proficiency in Financial Modeling is highly valued in the finance industry and can enhance your career prospects, whether you’re seeking a promotion, a new job, or starting your own business.