IIM SKILLS vs IMS Proschool Financial Modeling Course – Which Is Best For You

IIM Skills Vs IMS Proschool Financial Modeling Course – Which One Should You Choose? When you search for the “Financial Modeling Course” on google, the search results that pop up will leave you in a state of confusion since there will be a lot of institutes offering financial modeling courses and each will have its benefits listed. Now it becomes very important to decide on the right course because you are investing your money, time, and energy. In this article, we present a comparison between IIM SKILLS vs IMS Proschool Financial Modeling Course, and it will help you to decide which course should you choose.

So, before we jump into the comparison of IIM SKILLS vs IMS Proschool Financial Modeling Course, let’s understand briefly what financial modeling course is and why you should choose that course.

What is Financial Modeling Course and Who Can Enrol in the Course?

In today’s competitive market, it has become extremely important to sharpen one’s skills and keep yourself updated about the recent developments in your field or sector. One such development in the finance or accounting sector is Financial Modeling. 

If we want to define financial modeling then it is a skill that requires individuals to base their decisions on facts and figures. The basis of their decision-making will be the models that they will develop as a part of financial modeling. And different types of models are available or developed to solve different types of situations and this learning forms the basis of the financial modeling course.

The financial modeling course helps individuals to enhance their skills so they can understand to evaluate numbers using different models prepared in an excel sheet and present their forecasts based on the results. You can get more details about financial modeling from here.

Anyone who wishes to pursue a career in finance and accountancy and has a basic knowledge of excel and accounting can enrol in the financial modeling course. Whether you are a fresher or currently working in the accounting or finance sector, you can choose to pursue the financial modeling course for more career opportunities.

So now that you have got a basic understanding of what is known as financial modeling, let’s start with our comparison of the two institutes – IIM SKILLS vs IMS Proschool Financial Modeling Course.

About The Institutes – IIM SKILLS vs IMS Proschool

So before moving on to the comparison of the financial modeling course offered by IIM SKILLS vs IMS Proschool, let us first get to know some details about both institutes. Let’s begin with IIM Skills.

IIM Skills was established 5 years ago and throughout such a short span, they have delivered over 2500 training. IIM Skills is an institute that conducts online classes for various courses, with its headquarters in New Delhi, India.

The institute offers courses like – 

Content Writing Course

Digital Marketing Master Course

Advanced SEO Course

Technical Writing Course

GST Certification Course

BAT Course 

All the above-mentioned courses are conducted online, so have the benefit of attending the course from anywhere in the world. In case you are not able to attend a particular session, then you have access to the class recording which you can watch anytime. Later, if you have any doubts or questions, you can drop an email and your query will be resolved.

Their focus is to provide the best education at affordable fees through their live online programs. They are launching new courses that are required in the industry and that helps an individual to develop professionally. 

All the faculties at the institute have 12+ years of experience in their respective fields. During the ongoing class, you can feel free and ask as many questions as possible to solve your queries and they are happy to resolve them. 

To date, IIM Skills has trained 15000+ students from across the globe. 

IMS Proschool

IMS Proschool conducts offline and online classes and thus students can choose to attend any type that suits them. They offer courses in the fields of finance, accounts, and digital transformation.

They have 15 branches across India and if you are based in one of the cities then you can choose to opt for their classroom learning course. But if you are based anywhere outside these places or based abroad, then the online option is best suited to meet your requirements.

IMS Proschool has 100+ faculties that are experts in their fields. To date, the institute has trained over 10000+ employees. 

This was a brief bio about both the Institutes. Now we move on to the course contents of the financial modeling course offered by the institutes, so you get a clear idea about IIM SKILLS vs IMS Proschool Financial Modeling Course.

Recommended Read: 

IIM SKILLS Financial Modeling Course Review

Financial Modeling Courses in India 

Course Contents

IIM Skills Financial Modeling Course

Let’s have a look at the main highlights of the financial modeling course offered by IIM Skills :

• Interactive live online course
• Flexible scheduling
• Practical assignments
• Hands-on learning
• Dedicated placement cell
• 100% interview guarantee
• Tool-based practical learning
• Mentorship by top-level professionals
• Community access to the alumni
• Live recorded sessions are available to watch anytime at your convenience
• Fees will be refunded if one is not satisfied with the course
• Accredited certification from IIM Skills
• 24×7 learning and technical support 
• 3 months course duration + 2 months guaranteed internship

Tools Used in This Program

• Excel 
• PowerPoint

Qualifications Required to Enrol in Financial Modeling Course 

• Graduates
• CA/ CFA/ FRM/ MBA
• Finance professionals
• B.Tech graduates/ Engineers etc.

What You Achieve After the Course

• Get clarity about financial modeling as a profile and understand financial statements 
• Understand and make different types of financial models efficiently to structure and analyze historical data, forecast future projections, and present assimilated financial statements, key ratios, and outputs.  
• Analyze results from the financial models and present solutions for real-world business problems
• Successfully analyze the financial statements.
• Understand and evaluate company records and past performances.
• Learn to analyze and compute financial statements in various ways.

If you are interested in the Financial Modeling Course offered by IIM Skills and want more details then below are the details – 

Phone Number: +91 9911839503

Email Id: info@iimskills.com

Website: https://iimskills.com/

• IMS ProSchool

Main Highlights of the Financial Modeling Course Offered by IMS Proschool :

• It lays its focus on the basics of financial concepts, so it becomes easy for students to understand advanced learning modules. The basics include excel, financial statement analysis (FSA), financial math, corporate finance, project finance, and equity modeling.
• Trains its students for all job types including Investment Banking, Equity Research, Credit Research, Project Finance, Financial Planning and Analysis, and more.
• Uses practical approaches so students can solve actual business problems
• The financial Modeling Course by IMS Proschool is divided into 5 modules – 

Module 1 – Understanding Excel

Module 2 – Financial statement analysis

Module 3 – Corporate Finance

Module 4 – Project Finance

Module 5 – Equity Modeling

The duration of the Course is 3 Months

Two Options Are Available to Attend the Financial Modeling Course :

• You have the option to study online through 75+ hours of live classes. 
• The Second option is to attend classes offline if you are based in any of these cities –  Mumbai, Pune, Delhi, Gurugram, Bangalore, Hyderabad, Chennai, and Kochi. 

To know more about the Financial Modeling Course by IMS Proschool, you may contact the institute on: 

Phone : +91 7710044425

This was a brief comparison of the financial modeling course contents offered by IIM Skills and IMS Proschool. Till now you must have understood the basic details about the financial modeling course, both the institutes and course contents of the financial modeling course offered by IIM Skills and IMS Proschool. 

Now let’s do a pointwise comparison about IIM SKILLS vs IMS Proschool Financial Modeling Course so you can a better clarity about both the courses.

Point-wise Comparison of the Financial Modeling Course Contents Offered by IIM Skills and IMS Proschool

So, this was a point-wise comparison of the financial modeling course contents offered by IIM Skills and IMS Proschool. Hopefully. After the point-wise comparison of both the institutes, you will be having a better idea about both the courses.

But after this point-wise comparison and getting a bit of clarity, you might be having certain questions regarding IIM SKILLS vs IMS Proschool Financial Modeling Course. So, let us have a look at the most common questions about this topic.

Frequently Asked Questions (FAQs) about the IIM SKILLS vs IMS Proschool Financial Modeling Course

Q1. Is financial Modelling difficult?

Financial Modeling is not difficult but it’s a little technical. But it can be tricky to understand the concepts if you do not have proper guidance and training. 

If you select a proper course, it can help you enhance your skills and capabilities to understand the basic concepts of financial modeling. These concepts can help you to analyze financial statements and provide your decisions based on the results of the models. 

Also, you must have a basic knowledge of excel and an understanding of accounting before enrolling in the financial modeling course. The course will provide more benefits in that case. Otherwise, it will be difficult to cope with the other participants. Some institutes do mention these points as a prerequisite, but a few choose not to mention them since these are not mandatory. 

Q2. How much time is required to learn financial modeling?

The course duration of the financial modeling course offered by different institutes will vary as per the course modules and their contents. Also, some institutes offer weekend batches and some conduct classes on weekdays. So, if you choose weekend batches, then the course duration might be a little longer since the class will be conducted only 2 days a week.

Now, the course duration answers only one part of the question. But the actual time to learn financial modeling depends on one’s capabilities and skills. The financial modeling course that you select also plays a major part in your professional learning journey. Always try and choose a course that offers practical exposure and a guaranteed internship, so you get an opportunity to learn through your own experiences. 

An internship is very important since it gives you an idea about the sector you will be working in. So before entering the actual job market, an internship plays a very important part.

Q3. Is financial Modelling a good career?

So, a simple reply to this question is Yes. In today’s competitive industry, financial modeling is a must-have skill for accounting or finance professionals. The financial Modeling course covers the areas which the basic accounting and finance-related courses do not cover. So even if are pursuing MBA (Finance) or any master’s degree in accounting or finance fields or have pursued the course, then also the financial modeling course will be an added advantage in your career growth.

So, you might be thinking that what if the topics in both the courses are repeated? But in financial modeling, you will learn how to practically apply the theory subjects that you have learned in your bachelor’s or master’s degree like Financial Management, Accounts, and Economics. 

Also, you might be having basic knowledge in excel while pursuing courses like B. Com, M. Com, MBA (Finance), or others, but now in financial modeling, you will get to learn advanced skills in excel that will help you to build models. Based on these models, you will be required to make certain assumptions, and help advise your company in its financial decision-making process.

Q4. What are the career options after Financial Modeling Course?

A degree in Financial Modeling can help participants to explore a variety of career opportunities in the accountancy and finance sectors. In today’s competitive market, it is a prerequisite in many organizations, to be able to prepare and analyze financial models. The demand for candidates who have pursued financial modeling courses is in many sectors like – 

• Corporate Finance
• Investment Banking
• Equity Research
• Management Consultancy
• Private Equity Funds
• Hedge Funds
• Venture Capital Funds
• Transaction Advisory Firms
• Commercial Banks or NBFCs (Non-Banking Finance Companies)
• Financial Due Diligence Firms
• Research and Outsourcing Companies

If you are working in any of these sectors or wish to work in the above-mentioned fields, then the financial modeling course is the best option for you. 

Q5. Can I choose the financial modeling course offered by IIM Skills?

The financial modeling course offered by IIM Skills is amongst the topmost courses that are offered in this field. There are a few points or benefits about the course that IIM Skills offers to its students and so these points make this course a top choice amongst students:

2 Months Assured Internship – the guaranteed internship is provided so students can gain practical exposure after the course

Money back guarantee – In case you feel that the course is not meant for you after the first lecture, then you can request a refund of your fees and you get your fees back.

Certificate – The certificate issued after the course is recognized by the MSME Govt of India.

Final Thoughts on Our Analysis of Iim Skills Vs Ims Proschool Financial Modeling Course

All the above comparisons were conducted to give you an in-depth analysis of the financial modeling course offered by IIM Skills and IMS Proschool. 

There are a lot of institutes that offer financial modeling courses. Based on your requirements and needs, choose a course that suits you well and the one which you think be able to do justice to your skills and capabilities. I strongly recommend that you do not choose a course based on the fees. Sometimes we might feel that the course that has higher fees will have more value or will provide better opportunities. But it is not so. You should check the course contents and then decide on the course.

The purpose of presenting an analysis of the IIM SKILLS vs IMS Proschool Financial Modeling Course is to give you clarity about both the institutes in detail and the point-wise comparison of both the financial modeling courses. Before choosing any course, do check on these points:

• attend a demo class and then decide on the course you want
• do thorough research about the course contents and check whether it adds any value to your knowledge 
• Make sure you check about the placement assistance provided at the end of the course. Some institutes provide internship support whereas some offer guaranteed placements. While it is also possible that few institutes promise both – internship and job support.
• Inquire about the study options – online or offline. Choose the one that best suits your current commitments and study or work timings.