How a Financial Planning and Analysis Course can Help you Become a Financial Planning Lead

Finance courses have been a top favorite for students wanting a stable career for a long time. That is true for both in and out of India. However, with the progress of the field, a lot of new courses have been introduced to the masses over the years, such as Financial Technology, Blockchain Technology, New Age Banking, Financial Modelling course, Financial Planning, and Analysis courses.

The financial planning and analysis course has gained popularity among students in a short time. This is why a lot of institutes in India offer a financial analyst course. Imarticus Learnings as always has come through with a compact Financial Analysis prodegree with job interviews offers. If you want a chance to boost up your career, then go ahead and check it out.   

financial anlayst courseHere, we are going to talk about what financial planning and analysis courses entail, how they can help you to become a financial planning lead, and the all-around advantages a financial planning and analysis course can have over your career.

What Does a Financial Planning Course Entail?

A financial planning course basically teaches students the skillset needed to chalk out any financial situations successfully relating to today’s economic scenario. Here, we are going to discuss the objectives of a financial planning course:

  • To prepare students for real-world economic scenarios with proper case studies
  • To nurture the analytical and strategic skills needed for a financial planning career
  • To train them accordingly so that they can meet the needs of the demanding industry

How Does it Help you Become a Financial Planning Lead?

The job of financial planners basically involves chalking out the financial goals of companies or individuals and guiding them into achieving them. They are hired by financial planning firms and are one of the most in-demand as well as highest-paying jobs nowadays.

As a financial planning and analysis course provides the necessary training needed for a career in any sort of financial services, it obviously automatically increases your chance of becoming a financial planning lead. 

All-around Advantages in Your Career of a Financial Planning and Analysis Course

There are numerous advantages of a financial planning course in your career. Here are a few of them:

  • There are a lot of career options for you to choose from such as broker/dealer, investment advisor, wealth management officer, customer services, and asset management.
  • You can utilize your financial planning course in your start-up as well. It will save a lot of money to use your own skills as a financial planner instead of hiring one.
  • It is one of the most in-demand courses right now, so a stable career is guaranteed.
  • It is also one of the highest-paying jobs nowadays.

Conclusion

Just like all other corporate sectors, the finance one being possibly the most important has progressed quite dramatically in the last few years. And, to progress it even further, more and more financial planners are needed.

This is why it is the golden time to get enrolled in a financial planning and analysis course and secure your future. Imarticus Learnings is providing you with a golden opportunity to boost your career with its financial analysis course that is sure to put you leagues beyond your peers.

Unravelling The Path: Financial Analysis For Start-Ups!

Financial analysis is a process that helps identify a business’s financial health and how it will affect future decision-making. Economic analysis can be broken down into three different parts: cash flow, profit and loss statement, and balance sheet. These three components are all used to help achieve higher yields, lower risks, and better decisions in the long run.

The financial analysis also includes understanding the current state of finances, identifying risks & market trends, evaluating potential strategies to achieve goals, forecasting cash flows overtime periods relevant to management decision making, analyze performance relative to budgets or forecasts, assessing capital structure alternatives, and investment opportunities.

Types of Financial Models

Financial Modelling courses teach you all these complex processes. One must consult professionals for the same. Types of financial models:

Three Statement Model

This model stands for income statement, balance sheet, & cash flow statement. It’s the basic setup for financial modeling and links these statements into one dynamic financial model. This is used to base complex financial models like discounted cash flow, merger models, and other financial models.

Budget Model

Budget Model focuses heavily on income statements & is used to prepare the budget together for the coming year(s). This model is designed to be based on monthly or quarterly figures.

Forecasting Model

This model is used to predict outcomes regarding demand & supply, sales, consumer behavior, etc. The model generates a forecast to compare the budget model. Budget & forecast models act as a combined workbook depending on the output and are sometimes separately used.

Discounted Cash Flow Model (DCF)

This method analyses the present value of an investment/company/cash flow by adjusting future cash flows to the time value of money, assessing the current fair value of assets/investment.

Merger Model (M&A)

The financial statements of buyer & seller in an acquisition are combined to deduct the effects of the deal. The merger model ascertains whether there exist benefits to an amalgamation. Depending on complexity, requirements & availability of data, it takes an hour to prepare a simple merger model.

Importance of Financial Modelling for Start-ups:

  • It helps in quantify & validate the business plan & model. Preparing a financial model helps in finding out whether your ideas are feasible in a sustainable operating business.
  • During the fundraising process, investors ask you for a financial plan. Every investor follows a different approach; confident investors require deeper details. A financial model provides quantifiable data; a start-up must always prepare one.
  • Financial Modelling becomes vital for a start-up as it presents the exact financial situation of the start-up. It also helps provide the investors with the real-time financial situation & shows them how you are spending money.

Learn and Grow with Imarticus Learning:

There are various ways that financial analysts can learn how to do financial analysis, including certification programs, undergraduate degrees with specialization, online finance courses focused on finance or accounting with some analytical focus, and certificates in economic analysis.

finance certificationIf you are confused about what to learn in finance, get guidance at Imarticus Learning. We offer a range of Financial Analysis courses, including MBA and Financial Analysis Prodegree, that helps aspirants achieve their goals.

Imarticus Learning offers certification programs designed by industry experts to prepare aspirants for the industry. These financial analyst courses are practical, engaging, and interactive and help enhance my skill-set in finance and accounts.

Professionals tailor these courses and make use of proper data analytics applications efficiently. Financial modeling courses include theoretical & practical knowledge through workshops with industry experts, which provides an excellent opportunity to learn and explore.

For further details, contact us through the Live Chat Support system or visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi, Gurgaon, and Ahmedabad.

Required Proficiencies To Work As a Financial Analyst!

Financial analysis is the process in which business data like budgets, projects, and transactions are analyzed to check the feasibility or sustenance of the projects or businesses. Professional financial analysts are required for this process.

There’s no doubt that financial analysis lies at the core of business decisions and management. There may be questions like- what does a financial analyst do, what skills they possess, and how you can become one.

Read on to find out more:

What does a financial analyst do

Financial analysts are responsible for performing financial reporting, forecasting, tracking operational metrics, and creating financial models to analyze investments or companies. They have to analyze historical data, organize information, and gather necessary data to meet their organization’s needs. They advise companies on how to split stock, issue bonds, and other critical financial decisions.

A financial analyst can earn up to INR 10 lakh per year in India with sufficient experience and skills.

Prerequisites for financial analysts

To become a financial analyst, you must have certain skills:

Analytical abilities

Being able to plan, rank, and identify financial problems is the most important skill a financial analyst can possess. Analytical skills will help you find issues and understand them better. It would also help you plan strategically and analyze financial markets, products, and resources more effectively.

Communication skills

Financial analysts must have good communication skills as they help one collaborate better. You’d work with other financial analysts and professionals. Having good communication skills would ensure that you can share your insights with much clarity.

Leadership

Financial analysts work in teams, sometimes leading it. Hence, you should be great at leadership skills. Leadership skills consist of multiple soft skills including interpersonal skills and instilling confidence. You should know how to inspire your team and direct them such that they achieve the best results.

You should also be a team player and work in coordination with your team members and their expectations.

Attention to detail

You must have a strong eye for finding details as a financial analyst. It’s among the most important soft skills for conducting effective financial analysis training because it helps you mitigate errors and stay efficient. It would also help you find outliers in the data more effectively that can play a huge role in creating financial reports and aid you in making decisions.

Accounting

You must be well-versed in accounting, including financial accounting, the branch of accounting that focuses on determining the monetary value of a company. You must be familiar with accounting principles, techniques, and industry standards. This includes knowing about cash flow statements, balance sheets, ledgers, and the mathematical formulas used in accounting.

Financial knowledge

As a finance professional, it’s imperative for you to be well-versed in different financial subjects and concepts. This includes familiarity with various investments, basics of finance, current industry rates and other related concepts. You should stay on top of the financial current events as a financial analyst to perform efficiently.

How to start a career as a financial analyst

A financial analyst must be familiar with many technologies. That’s why companies look for certified professionals as a certification assures them of the candidate’s expertise over the relevant subjects and skills.

Financial Analyst trainingWe recommend joining online finance courses, particularly those that offer financial analyst training and placement.

Joining such online financial courses will help you start your career quickly and provide you with real-world experience.

Conclusion

Financial analysts must be experts in many domains. If you want a program that offers financial analyst training and placement, be sure to check out this program: Financial Analysis Prodegree.