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What is the Advantage of Doing Financial Modelling?

Posted on by Imarticus Learning
Reading Time: 3 minutes

What is Financial Modelling?

Financial modelling can be explained as the process of creating a mathematical model that represents the actual financial situation. It helps to summaries the relevant financial variables by applying advance analytics and statistical tools. Financial models are widely used by banks and financial institutions to represent the performance of a project, investment, financial instrument or any other portfolio.

Financial modelling has gained huge importance in the last few decades as it helps to predict future trends and identify risks that might hamper the success of businesses.

Financial models are abstract representations of the real-life financial scenario; it is built on various assumptions regarding the economy and business. The financial modeling course is not just relevant for banks and financial institutions but all businesses that are looking to predict future trends and minimize their risk exposure. Any financial decision regarding a project involves predicting the future revenue from it and the expenses associated. Generally, we make assumptions regarding these variables based on the information at hand. Financial models help to make more accurate predictions with the given data sets based on the assumptions regarding the project.

Benefits of Financial Models for Businesses

Now that we have a fair idea as to what financial modelling exactly entails, let’s dig deeper into the benefits of financial modelling for organizations and why it’s an indispensable tool for most businesses.

  • Futuristic insights: The primary role of any financial model is to make predictions regarding the future. This helps businesses to obtain valuable insights into the future and provide them with instant solutions to their problems. An instant solution in the sense that they are better prepared to tackle future problems that have not yet happened and which probably will. This helps businesses to know what their future income stream looks like and helps them manage their expenses accordingly. It also guides them on decisions related to entering new markets or expanding into different territories.
  • Minimize risk exposure: One of the main advantages of financial models is that they help to identify risks associate with the business based on the historical data and current market information. Early risk detections help them to minimize the risk exposure and eliminate the risk in some cases altogether. Financial models make predictions based on the assumptions and data at hand, a different set of assumptions produce different results. This can helps businesses to find the best course of action and reduce the challenges in the way drastically.
  • Regular assessment: Financial modelling helps businesses to conduct monthly or periodic assessment of their financial performance. It helps to compare the actual performance of the organization with the predicted performance at the beginning of the period. It helps to identify the loopholes or pain points associated with a business and provide useful insights into the factors that are affecting the performance of the business. Businesses can make alterations and adjustment to reap profits from their operations based on the financial assessment.

Career Benefits of Financial Modelling

There is a growing demand for professionals who are well versed with financial modelling techniques. We have already discussed the numerous benefits that financial modelling offers to businesses in the contemporary landscape. Credit rating, risk management, investment banking, equity research, mutual funds, etc. are some of the most prominent segments which employ financial modelling professionals.
The importance of using data to make predictions about the business has grown in the past decade and so has the need for qualified professionals who know the ins and out of financial modelling. Financial modelling provides you with an opportunity to work in highly rewarding profiles such as Mergers and Acquisitions, Venture Capital, Asset Allocation, IP Valuation, etc. You can opt for financial modeling course by reputed institutions like Imarticus Learning to obtain a comprehensive and practical understanding of the industry. It even guarantees job assurance. with some of the leading corporations in the industry.

Also Read:  What is Financial Modelling Course

Which Is Better, Becoming a Financial Analyst or a Data Scientist?

Posted on by Imarticus Learning
Reading Time: 2 minutes

2020 is a year of opportunities for a lot many different fields and industries around the world. Although it has been a year of disarray, every difficult situation has always given rise to upliftment in certain industries, and this year is no different.

LinkedIn, which is the world’s number 1 job search portal, reported that in 2020, there was a 15% increase in the demand for financial analysts and a 25% increase in demand for data scientists. This data clearly shows that these two industries are booming in their own might and rightly so.

If you are planning for a job in either of these industries, in this article, we will draw a Let’s get started.

The Difference Between a Financial Analyst and a Data Scientist

One of the first and most important aspects to understand in this regard is the difference between both these job roles, so let us quickly take a look at the definitions of each.

Data Scientist

The role of a data scientist can be simply understood as being a professional who is responsible for analyzing, extracting and determining conclusions from the vast amount of data that is being collected by companies on a regular basis. The job role of a data scientist is to understand the data that is present and then determine business decisions, which will be most beneficial for the company both in terms of growth as well as profitability.

Financial Analyst

Now that you understand the role of a data scientist let us understand what a financial analyst does.

A financial analyst can be understood as a professional who analyses the financial information of a company and then takes decisions on the way forward so that the company can either increase their profit or take better decisions on their overall growth. The job of a financial analyst is to consider all the verticals that affect the financial health of a company and then determine if the company is making sound progress, or if it should make better decisions on the way forward.

Requirements for Each Career

One of the most fascinating aspects of both these careers is the fact that neither of them imposes hard and fast rules on the educational qualification you need to obtain to pursue these careers. Unlike other professions such as lawyers and doctors which mandate you to pass either the bar or the medical boards, these professions embrace all standard college degrees and put more emphasis on the skills a professional has.

Depending on the amount of competition each of these job roles have in the geographical location of your choice, the criteria for getting hired and the skills you need to acquire keep changing, and thus it is always a good measure to assess the demands of the employer before you proceed.

Conclusion

If you are looking for a career choice that embraces ambitious professionals like you and offers a lifestyle that is competitive, then both these career choices will be well suited for you. Along with this, both these career options offer high pay and other perks across the board, and thus you can be sure to get properly reimbursed for your job.

The choice between choosing either options comes down to you. If you fancy only financial data, choose online Finance course or if you want to work with a variety of data sets, choose the other.

Also Read: Difference Between Financial Analyst & Business Analyst

Why Do You Want to Become a Financial Analyst?

Posted on by Imarticus Learning
Reading Time: 3 minutes

People who find self-employment lucrative and want steady job growth often consider a career as a financial analyst. Currently, the pandemic is going parallel with a recession. But finance companies are thriving and are expected to continue in terms of growth. Thus, stability and growth are the two primary reasons why many students prefer completing a financial modeling course and pursue this stream.

Role of a financial analyst

If you become a financial analyst, you have to create financial models to predict the outcome of potential business decisions. It takes years of learning and experience to excel in this career. You will have to go through large amounts of data and make an analysis based on it. You also have to study market trends to understand what works best for the company you work for.

It is also essential to understand that where you work or who you work for will also determine your job role. For example, if you work at an investment bank, your work will involve assisting with mergers and cracking deals.
Overall, you will play a significant part in decision-making for businesses, individuals, and your goal will be helping people grow financially.

Reasons to become a financial analyst

Here are the top reasons why becoming an analyst is a smart career choice:

  • Stability
    The year 2020 has taught us how stability is important. Millions of people have been forced to change their way of working to survive at this time. Such circumstances make us consider choosing career paths that will never go out of requirement.Offering financial services is one of the stable career options as you will never go out of business. Bureau of Labor Statistics suggests that the role of financial analysts is estimated to grow by 23%, while finance advising by 30%.
  • Possibilities of growth
    As a finance student, you have a lot of scopes to grow. Of course, completing a financial analyst course will help you target only one section of the financial service industry. However, you can also become an accountant, internal auditor, and more.
  • Employment opportunities in finance are unlimited irrespective of your interests and favoredenvironment to work. Having a wide array to choose from lets you make decisions than settle for anything less than what you deserve.You can also take an interest in investment banking, asset management, client servicing, sales, trading, and more. The career path in the finance sector is enormous, and having a complete idea will always help.
    Many like to gain experience in different jobs to know how each of them works. Thus, you can associate with brokerage firms, private banks, insurance companies, and more, to widen your horizon.
  • Interesting job profile
    Most finance students take an interest in the services offered by an analyst. At a basic level, you will start your job by knowing the proficient use of spreadsheets, PowerPoint, databases, and more software. The job slowly escalates to a point where you will put long hours into developing interpersonal relationships with seniors. At the same time, you will also be responsible for guiding junior analysts.If you want to work in the finance sector where you have to use communication and people skills equally, then this is perfect for you. From curating credible presentations to being orally convincing, you have to do it all.
  • Potential to earn well
    No matter how passionate we are about a specific job, money is always a driving force. It is essential to weigh your options in the financial sector to understand what is most lucrative. The position of a financial specialist can indeed fetch massive numbers with experience. Analysts are one of the highest-paid jobs. Moreover, changing market conditions and advancements in technology keep your job in demand at all times.

How Do I Get into Financial Analysis with an Accounting Background?

Posted on by Imarticus Learning
Reading Time: 3 minutes

Financial analysis is a hot field right now. It has experienced a boom due to the rise of cyber technology and in startup culture. Existing organizations have become bigger while new startups and enterprises are mushrooming across India. All of this increases the demand in financial analysis. Which in turn makes it a sought-after field for aspiring students and current finance professionals.
The good thing about financial analysis is that anyone can transition to it from another field. This is even a more valid proposition for those already in the finance and accounting fields. You just need a bit of training and skill learning to enter the field. Here’s how.

Entering the Field of Financial Analysis

The first thing to do when you attempt this transition is to understand the differences between accounting and financial analysis.
Accounting deals with inspection and handling of financial records, bank statements, and balance sheets of an organization. As an accountant, you will need to go through files after files and check if the math fits right. If it doesn’t, you report it for further investigation. An accountant also takes care of taxes, filing returns, and other financial activities such as billing.
Financial analysis, on the other hand, is a bit more advanced concept. Here in addition to the inspection of financial records, you also provide advice on how the organization can make better decisions. Essentially, your role would be to assess all historical financial dealings of the company and provide them with counsel on ways they can improve their financial decisions in future.
Another aspect of the role – something you can learn more about in financial analysis courses – is that you will work with an additional set of skills and tools. You will work more with concepts like trend analysis, cash flow analysis, and working capital to name a few. The processes will be slightly different than the accountant role because here your main task is analysis.

How to Make the Switch to Financial Analysis?

If you are an accountancy student or are working as an accountant somewhere, the next step would be to start learning about financial analysis. There are three ways to do this:
• Take a financial analysis course. This is the most recommended way as you will both learn about concepts and earn a certificate that you can use to land job interviews. There are many online courses available that will give you a good peek into the field. You can also do this part-time while working at your existing job
• Learn individual skills. Start with the ones that are mentioned above plus others through online courses. The advantage of learning individual skills is that you can learn about them in more depth. All of this will prepare you better in future when you actually work as a financial analyst
• Get an internship. This may require you to leave your current job but the experience will do you good. An internship at a financial analysis firm under the tutelage of experienced professionals is another great way to learn more about the field
You can also do all three of them at once if you are focused and determined to get into financial analysis. But if you want to take it safely ahead while keeping your current job, enrol on a financial analysis course and start learning about it on the side. This will also help in the rare case that you lose interest in the field midway. This way you can still get back to your primary job. Start your learning today!

Also Read: How To Become Financial Analyst With No Experience

How do You Perform a Financial Analysis

Posted on by Imarticus Learning
Reading Time: 3 minutes

The finance and banking sector has evolved on an unprecedented scale over the last two decades. From a few internet transactions to a totally digitized banking experience that can be availed using the smartphones, the game in this segment has changed. Much of this change is owed to change in customer’s behaviour and preferences, for example, the growth in online shopping led people to use online payment methods. They gradually adopted digital banking services as it was more convenient for them to make a purchase.
This evolution in the banking and finance segment is naturally better for the customers and also for the institutions in most regards; it possesses a challenge in terms of complexity in business structure. This complexity has made it necessary for the companies to carry out financial analysis and evaluate the financial standing of the business. Financial analysis is not just limited to banks and other financial institutions but every organization must analyse their financial performance.

What is Financial Analysis

So, what exactly is financial analysis? Well, financial analysis can be explained as the process or method of evaluating and assessing a business, project, etc. that involves financial transactions and monetary gains. It is carried out to find out whether it will be feasible to take on a new project or invest in a business or for introspection. It helps to determine whether a business is financially stable and whether it will remain so in the near future. In short, financial analysis is a way to check the financial soundness of an organization.

The Process of Financial Analysis

The demand for financial analyst has grown over the period given its significance in the contemporary business landscape. A financial analysis course can help those who aspire to work in the capacity of a financial analyst in a reputed organization. Now that we have understood what financial analysis is, let’s explore how financial analysis is carried out by experts.
The first and foremost step in carrying out financial analysis is data collection; financial analysts are required to collect historical financial data of the company to conduct a thorough analysis. The data collection process includes collecting data for the last 3 to 5 years from various financial statements including balance sheet, cash flow statements, income statements, shareholder’s equity statement, etc. These statements can be obtained from the annual reports of the company.
Now, after successfully collecting all the relevant data that influences financial standpoint, financial analysts are required to go through the details and identify any large movements from year on year basis. A general analysis of the financial statements is carried out to pick out any abnormalities including any suspicious findings. Then based on these findings the analyst will need to research the business activities in the past to rule out any suspicions.

In addition to looking at the figures mentioned in the financial statements, analysts are required to review the financial notes mentioned to obtain valuable insights regarding the finances. An in-depth individual analysis of each financial statement is done. The balance sheet is analysed to identify any large changes in the assets or liabilities of the business. The income statements or profit & loss statements are analysed to identify any trends over time.

After this, the organization’s shareholder’s equity statement evaluated to find out the change is stock and retained earnings. It is done to answer questions such as whether the company has issued new shares or bought back any from the market. What’s the status of retained earnings? Has it grown or reduced over a given period? These findings are made only after analysing the shareholder’s equity.

In addition to all these, the cash flow statements are also analysed and financial ratios are calculated to evaluate the trends over time. Competitor’s research is also conducted to compare the company’s stats and find out where it’s lagging and what measures are needed to rectify the situation. After conducting this dynamic analysis, an analysis report or review report is created with all the problems and suggestions to overcome those.

Also Read: What Do You Mean By Financial Analysis

What Are the Major Tools of Financial Statement Analysis

Posted on by Imarticus Learning
Reading Time: 3 minutes

Understanding the Financial Statements?

Financial statements can be understood as a formal way to record the financial activities of an entity. The reports comprise financial data that helps to determine the overall financial growth and strength of a company. It reflects the outcome of financial and business-related transactions of a company. The information presented in financial statements follows a rigid structure that helps to obtain information quickly.

Financial statements are primarily categorized into three categories that include a balance sheet, income statement or profit & loss statement, cash flow statements. Other types of financial statements include equity statement and comprehensive income statements. The financial statements also contain footnotes that provide extensive information on a range of subjects.

Tools & Techniques of Financial Statement Analysis

Financial statements contain vital relevant information that helps to assess the company’s financial standing. Financial analysts use various tools and techniques to analyze these financial statements and bring out important information that helps in better decision-making. It also helps to identify trends and patterns based on historical data. Let’s delve deeper into some important tools and techniques used to analyze financial statements.

Comparative Statements

Comparative statements are an important financial statement analysis tools that help to compare different elements of financial statements like Profit and Loss statement and balance sheets. It is used to compare the elements of these financial statements of two or more periods.
Two different comparative statements are prepared to facilitate the comparison of the balance sheet and profit & loss statements. The important elements that are used in comparison for Profit & Loss statements include gross profit, operating profit and net profit. These comparisons help the management to identify the pain points and implement necessary changes.

Common Size Statements

The common size statement tools take a vertical presentation approach to represent financial information. The interesting thing about common size statements is that it doesn’t include the absolute value; instead, it uses percentage form to depict the values. The determining factor or the value that is taken as 100% for the balance sheet is the total assets and revenue for the profit and loss statements.
For example, if the absolute value of sales or revenue is 200 and the profit amount is 100 then profit is recorded as 50% and sales are recorded as 100%. It shows a relation of individual elements as compared to the base elements. In this example, the relation states that the profit is 50% of the revenue.

Ratio Analysis

Ratio analysis is carried out to find meaningful relations between different elements of various financial statements. Ratio analysis is extensively used by financial analysts and business analysts to derive meaningful conclusion and hidden insights from these data points. It is used by both the internal and external parties conduct a financial analysis for a corporation. The main intent is to depict the performing aspects such as profitability, liquidity, solvency, etc.

Trend Analysis

In the trend analysis technique, the ratio of different elements are computed for multiple periods and if followed by a comparison between different periods. This helps to identify a trend or patterns based on the historical data for a company. It also helps to make future predictions following the same trend and identify winning patterns. After the analysis, an uptrend or downtrend pattern is recognized for different elements and necessary steps are taken to make it favourable.

Cash Flow Analysis

Cash flow analysis is conducted to determine the cash position of the firm, meaning it helps to determine the inflow and outflow of cash to and from the business. There are majorly two types of cash flows, actual cash flow and notional cash flow. It helps to understand how much cash balance a company needs to maintain to operate successfully without facing any cash-crunch issues.

Key Takeaways from AMD’s Financial Analyst DayKey Takeaways from AMD’s Financial Analyst Day

Posted on by Imarticus Learning
Reading Time: 3 minutes

The Financial Analyst Day 2020 hosted by AMD at their headquarters in Sunnyvale grabs attention even amidst the global COVID-19 pandemic crisis. This is something you should pay attention to if you are pursuing a finance analyst course. Hosted every year, this event is known for its contribution to explain and educate finance analysts as well as investors about the innovations in technologies and the growth strategies for businesses that help achieve their targets. The event also does a recap of the company’s financial growth over the year, explains strategies, sets targets for the upcoming year, and predicts which of the new technologies would help the company to accomplish the targets. This year’s event started with a session by Lisa Su. She did a quick recap of the company’s business performance, followed by an insightful session on the company’s goals and expectations for the coming 3 years.

Plans for Big Technology Investments

AMD is considering technology as the foundation for their business in the coming years. Zen 3 is the next-generation CPU aimed to touch the market in the last leap of 2020. Zen 3 is designed with a 7nm process. The next version, Zen 4 has a 5nm process. However, just having this processor is not the only reason for the CPU’s performance. Better packaging design and interconnection also worked in favour to enhance the performance. The company is planning to scale up its technological investments to procure “X3D” packaging that has a unique combination of chiplets, hybrid 2.5D and 3D die stacking and is expected to deliver an increase in bandwidth density by ten times.

Another important announcement was on the next-generation AMD RDNA 2 architecture designed with a specific focus on gaming. The current AMD RDNA design is available in the AMD Radeon™ RX 5000 series GPUs. The advanced architecture is expected to bring a 50% performance improvement on the basis of “per-watt”. A new architecture for AMD Compute DNA (CDNA) graphics has been announced for the Data Centre to accelerate computing workloads. It is optimized for high-performance applications and machine learning.

Update on PC & Gaming Market

The company’s growth strategy for PC’s and gaming segments are impressive. AMD boasts about 100% growth in market share and client unit shipments since 2017. The unique feature of Ryzen product line was that it has 7nm processors in the desktop, mobile markets, and high-end desktop (HEDT).  This is to tap the high potential of the gaming market with 2.5 billion gamers across the world using games on mobile phones, PCs, and consoles. AMD’s Radeon Graphics IP can address all these markets and offers a choice with a new gaming architecture. Technology giants like Microsoft and Sony are willing to partner with AMD to create next-generation gaming consoles.

Update on Data Centre Market

From 2017, since the first-generation EPYC has been launched, AMD has enjoyed a good reputation in the data centre market. In some cases, the CPUs gave dual socket in a single socket. The second-generation EPYC allows the user a dual socket in a single socket solution.

Conclusion

The best takeaway from AMD’s Financial Analyst Day is the insight and encourage you to get through the company’s long-term strategy. Though there is a good amount of competition, AMD is here to sustain the growth. The company has the right strategy – to attack the growing markets. But they have to face the challenges such as competitions and error-free execution of the strategy. However, AMD has almost cracked it despite the challenges. AMD’s effort to create multi-generations of well-executed products combined with talented sales and marketing team has done a great job indeed.

 

Why Is It Important To Do A Financial Analysis?

Posted on by Imarticus Learning
Reading Time: 3 minutes

What Do You Understand By Financial Analysis?

Financial analysis can be defined as the process to evaluate the financial position of a business, project, individual segment, etc. The process is carried out to measure the profitability and viability of the business or the project that is being evaluated. It involves applying various financial techniques to obtain a comprehensive picture of the organization’s economic wellbeing.

Broadly speaking, there are two types of financial analysis techniques. The first can be called the Fundamental analysis and the second can be called the Technical analysis technique.

The Fundamental analysis technique uses the method of ratio analysis to obtain a holistic picture of the organization’s financial wellbeing. It focuses on computing the intrinsic value of the stock which is later compared with its market value to establish if it’s undervalued or overvalued.

The Technical analysis, on the other hand, uses market statistics to evaluate the current and past patterns and then incorporate that to predict future price movements of the security being evaluated.

Financial Analysis Objectives

Reviewing historical performance and trends

One of the main objectives of carrying out financial analysis by organizations is to measure past performance and make future predictions based on the assessment. The review is carried out by assessing the historical trend of profitability, cash flow, sales, Return on Investments and other similar metrics.

Evaluating the present position of the enterprise

To determined and assess the financial health of the organization it is imperative to examine the current profitability figures and operational efficiency. It also helps with the long term decision making which requires evaluating the assets and liabilities of the firm. It also helps with measuring the earning capacity of the firm and its overall operational efficiency.

Making predictions about growth and profitability

Profitability and growth prospects are the main concern of top-level management because the longevity of the firm is contingent on that. Financial analysis helps to evaluate different investment opportunities for the firm and find out the most profitable investment avenues that help in maximizing the revenue. In addition to this, it helps in predicting future economic trends that might affect the firm either positively or negatively.

Decision making in the credit risk process

One of the most crucial aspects of conducting financial analysis is to find out the creditworthiness of an individual or a company for providing loans. The analysis helps banks and other lending institutions to minimize credit risk by not providing loans to high-risk borrowers.

Significance Of The Financial Analysis

Now that we have an understanding of the financial analysis concept, let’s delve into why it is significant for various stakeholders to the organization. Financial analysis is an important process that is carried out while weighing various investment opportunities or the performance of a business entity.

From assessing the performance of financial instruments like bonds, stocks, etc. to guide on the financial needs of an organization, financial analysis helps in multiple ways. Some of the major applications of financial analysis are listed below.

  • Evaluating the efficiency of the operational processes of the organisation
  • Assessing and evaluating the performance of top management of an enterprise
  • Analysing and evaluating the creditworthiness of the company and measuring its financial standing in the industry
  • Predicting future economic trends and movements and how it’ll affect the organisation
  • Analysing the different assets and liabilities held by the organisation and their relevant impact
  • To evaluate whether resources are being used judiciously keeping efficiency and effectiveness in mind
  • To evaluate the system of internal control and regulations
  • To measure the firm’s ability to pay off its debts both short and long term
  • To measure the firm’s ability to generate cash and maintain cash flow

What Is a Financial Modelling Course?

Posted on by Imarticus Learning
Reading Time: 4 minutes

In these modern times, there are a lot of tools that a business typically makes use of on a regular basis, but among all of them, one that is crucial to determining its success is financial modelling. As an aspiring financial analyst, it is crucial for you to know the true potential of financial modelling and why it is so important. Thus, in this article, we will explain to you the meaning of financial modelling as well as outline the concepts that encompass a financial modelling course. Let’s get started.

What is A Financial Model?

In the simplest of terms, a financial model can be described as being a tool that is primarily built on Excel and used by companies to predict its future cash flow as well as potential income sources. The most common use of this tool is to predict the future of the company’s financials and how it can prepare itself for future challenges as well as opportunities.

In order to build a financial model or forecast, a number of factors need to be taken into account. This includes the history of the company’s performance and its assumptions for the future of its business among many others. Along with this, an income statement, cash flow statement and balance sheet need to be drafted which make up for the key fundamentals in developing a financial model.

A financial model can be used by a business for several applications including the creation of predictions for mergers and acquisitions, leveraged buyouts as well as discounted cash flow statements.

Uses Of A Financial Model

Now that you know about the basic concept of a financial model, let us quickly understand the main uses of a financial model in a business environment.

1. Raise Capital: One of the most common uses of a financial model is to raise capital from investors as well as take working capital if necessary.
2. Acquisition: Second to raising capital, companies often make use of financial models to acquire new markets, skills as well as shares.
3. Forecasting and Budgeting: Last but not the least, a well defined financial model helps companies forecast the way for the future, as well as decide on the budget for various of its activities.

What is a Financial Modelling Course?

Now that you are aware of what a financial model is, along with its main uses, let us take a look at the various components a financial modelling course encompasses.

1. Educate you on the basics of financial modelling and the skills you need to acquire in order to successfully create a financial model.
2. Analyse real-life case studies of companies that actively make use of financial models and how it has helped them grow.
3. Various skills in software that are used to create financial models, including Excel among others.
4. Educate you on the various types of financial models that can be created, those that are being actively used by businesses and their most common applications.

One of the most important pointers you need to take note of as a future financial analyst is the fact that in order to create sustainable models that provide solutions, one aspect that trumps others is regular practice and implementation.

Job Roles And Career Opportunities

Last but not the least, it is important for you to know the main job roles or designations that are responsible for creating financial models. This includes but is not limited to:

1. Investment Bankers
2. Financial Analysts
3. Accountants
4. Corporate Executives

Conclusion

Financial modelling as a skill is becoming more and more important to acquire on a regular basis and thus in order to better equip yourself for the future, it is necessary that you undertake a financial modelling course today.

Introduction

 Finance is gaining immense importance in recent times. Various tools have now come into the market that Finance professionals in their job can use. If you check out the financial analytics course syllabus, you will realize that some tools are essential for financial analysis. There are several online finance courses that you can take up to understand the application of financial modelling and its techniques.

Courses on Financial Modelling

There are specialized courses for financial analysts that offer an in-depth understanding of financial decision-making elements. You can pick an excellent financial analyst course from the online finance courses that are available out there. People who want to make a career in investment banking also opt-in for a chartered financial analyst course to understand the subject’s intricacies and make a successful career.

Strategy analysisThe online finance courses on Financial modeling teach you the basics of finance and the various tools and techniques involved in financial modelling.

The financial analytics course syllabus also includes the application of Excel in managing and working with finance. There are several courses for financial analysts online. You can pick one based on the requirement and the level of expertise needed.

Use of Financial modeling

 Financial modeling is used for efficient decision-making and to analyze the company’s economic performance. A financial analyst course will discuss various models and methodologies required to conduct an economic analysis of companies. Some uses of these models are:

  • Raising capital for the company
  • Acquiring or merging with new or existing companies
  • Asset management
  • Growth of business
  • Decisions on divesting or selling the existing assets and purchase of new assets
  • Budgeting
  • Financial forecasting
  • Allocation of Capital
  • Valuation of Businesses and their verticals
  • Analysis of financial statements and key financial ratios
  • Management accounting

A chartered financial analyst course will also give you similar insights, but the level of learning would be a notch higher. The chartered financial analyst course syllabus is more comprehensive compared to the financial analytics course syllabus. Therefore, you can pick one depending on the job you want to pursue.

Career Prospects

Financial modeling has a lot of applications. The financial analytics course syllabus covers all the significant financial modelling aspects that will prepare you for the job market. There are several industries where you can look for an appropriate job. Some of these popular industries or sectors are:

  1. Banks
  2. Institutions
  3. Corporates
  4. Public Accounting

You can get into several domains in a company after doing a course on financial modelling. Some of these popular domains or job functions are:

  1. Equity Research
  2. Sales and Trading
  3. Investment Banking
  4. Commercial Banking
  5. Due Diligence
  6. Transaction advisory
  7. Valuations
  8. FP&A
  9. Treasury
  10. Investor Relations
  11. Corporate Development
  12. Research
  13. Portfolio management
  14. Private Equity

A financial modelling course will help you in building various financial models that any company can use. These courses will lay down a solid foundation for your career in finance. You can also come up with a go-to model using the learnings of the financial modelling course.

Which Course Would Be Helpful For A Relationship Manager In A Private Bank?

Posted on by Imarticus Learning
Reading Time: 3 minutes

Which Course Would Be Helpful in the banking industry?

Modern times have seen data being applied to all fields and industrial verticals. Banking has been tardy in its application of data analytics for a long time.

But with the spurt of fintech, blockchain technology and the emergence of cryptocurrencies they have pulled up their socks and are attempting to reinvent themselves with New Age Banking Training. This is an excellent move and suddenly there is a spurt of demand for relationship management professionals in banking.

Who are the Relationship Managers?

Long-term customers who have high net-worth get the benefit of having a relationship manager to them who is assigned to meet their banking needs. This seems to be the one area where customer service professionals would excel at and should be satisfied.

Customers are not really happy because this domain has the highest attrition rates. By the time they do return to seek advice from the Relationship Manager, he has moved! The Relationship Manager is in very high demand and gets very well-paid too.

The types of RMS:

Large banks and firms hire RMs to foster better customer relationships with HNW clients for all their banking needs. The smaller firms also hire RMs who cater to both client and business relationship building. Thus the various types of RMs are:

CRM- Client Relationship Managers

The goal of the CRM lies in his title. They build a trust-culture based on values, trust, and better pricing to cater to new-age banking business from HNI clients. They work as an interface between the bank and its management in sales, technical, financial, and executive arms.

They may also cater directly to the clients by providing the services directly. The CRMs thus bring in even the smallest of businesses from such clients to ensure they do not miss out any opportunities.

A CRM uses data analytics to spot new business, monitor trends, find customer preferences, brief about product development, analyze competition, identify resources to meet targets, revenue generation and more. At the client end, they offer the best products and services, simplify banking channels, and make the customer journey a unique experience.

BRM- Business Relationship Managers

BRMs overlook business units within the corporate structure. They deal with activities like internal communication of Bus, liaising and monitoring teams that handle suppliers, third-party vendors and such outside service entities. Their job is to monitor purchases, cost factors, budgets, etc. to provide insights to the company management to ensure resources are used efficiently and company standards are met.

The BRM job role includes looking for trends, analyzing communications, handling problems, and negotiating contracts. They are of great value in refining company policies and practices and reputation management.

Skills required:

The banking field’s crucial skills are: 

  • A graduate degree for Associate roles.
  • Adept at Microsoft PowerPoint presentations and Excel manipulation techniques, and MS Office and Word suites.
  • Extremely long working hours of 80 hours with hardly any holidays.
  • Being a team player and effective learner from feedback.
  • An eye for details and data organization.
  • Conceptual knowledge of accounting and financial issues and solutions.
  • A strong practically oriented finance/ banking course.
  • New Age Banking Training for practical skill upgradation.
  • Financial and business modeling knowledge.

The ladder to climb:

Here is the figurative AM/ IB ladder of career progression. Starting as an intern and working your way up to the licensing in the US is very popular.

  • 2 to 3 years as an Intern Financial Analyst in both fields when you have an undergraduate degree.
  • AM/IB Associate if you are a graduate.
  • VP- Investment Banking/ Asset Management.
  • IB/AM Director.
  • MD, CFO, etc.

Scope for jobs:

The RMS job is highly prestigious and has great scope for the unending demand of aspirants seeking bank- job prospects. The US Labor Department predicts a decade of growth of 12% starting from 2014. This is so as the financial instruments too, are evolving fast based on market requirements and both the technology and concept applications get complex and new-age. RM in comparison with IB is growing the fastest.

RM with New Age Banking Training aspirants do not face a shortage of demand in terms of job-roles or scope as the investor base has grown tremendously with digital transactions, availability of online products, and ease of investment has increased too.

Concluding notes:

Are you interested in a banking career or being a Relationship Manager? Do your New Age Banking Training course from Imarticus Learning where banking career aspirants are honed to be job-ready from day one. Their assured placements, soft skill development modules and resume building exercises ensure you develop skills like communicating with clients, making presentations and more.

Hurry! This prestigious course could have limited admissions. For more details regarding this and for further career counselling, you can also search for – Imarticus Learning and can drop your query by filling up a simple form through the site or can contact us through the Live Chat Support system or can even visit one of our training centers based in – Mumbai, Thane, Pune, Chennai, Bangalore, Hyderabad, Delhi and Gurgoan.