Financial Modeling as a range of abilities is required to score organizations, value, Investment banks, exploring houses, mutual funds, and monetary KPO’s and undertaking fund organizations. Financial Modelling is an all-encompassing field of aptitude that takes into account the need of financial specialists for inside and out learning, in light of the two realities and presumptions with reference to whether interest in a specific organization will be beneficial or not.
The utilizations of these ranges of abilities are enormous thus one must pick up inside and out information of these aptitudes and hands-on understanding to make vocation in monetary displaying.
Here are a few questions that all finance aspirants must have come across at one time or the other.
Would it be advisable for me to go for MBA or CFA?
On the off chance that you are considering influencing a vocation in financial management, to go for MBA and in the event that you need to examine back, go for CFA. Both instructive capabilities can land you a position in the money related examination and research division.
Full time MBA shapes your identity as you cooperate with the workforce, other similarly invested individuals and participate in assemble entries.
In the first year of MBA, you will learn general subjects. In the second year, you can concentrate on maybe a couple subjects and do the specialization.
Then again, CFA program is centered on Financial Analysis and spreads subjects like Portfolio Management, Equity, Derivatives and Fixed Income, in detail.
In spite of the fact that it absolutely relies on the individual whether he/she ought to go for MBA or CFA, a portion of the main components is the individual’s enjoying, the capacity to contemplate freely, accessible time and money related condition.
Both of the courses is adequate to you began in financial modeling.
Do I have to finish MBA to land into positions in Financial Analysis?
In no way, shape or form!
You don’t have to finish MBA to get into financial modeling vocations.
There are many particular projects which concentrate on financial modelling in detail and are perceived in advertise. Such projects concentrate on information and function that furnishes you with certainty and range of abilities.
To put it plainly, they offer specializations which set you up for the occupation in future. Some of them even have tie-ups with great organizations and can get you situations.
Is Training Necessary?
To get into financial modeling vocation employments, you have to learn financial modeling and go for Best Financial Course and practice it. You have to choose which program is reasonable to you and whether you are energetic and resolved to put in the required diligent work.
On the off chance that you fit in the qualification criteria and have the correct outlook required for such professions, there are astounding projects accessible in Financial Training.
There is an immense request of financial experts having such vital ranges of abilities and with the correct system, instruction, expertise, experience and information, you can expect great offers from organizations.
We at Imarticus Learning offers financial modeling courses for those finance aspirants who wish to have a career in this field.
With banking direction at a record-breaking high, quantity of establishments seems, by all accounts, to be at an untouched low, and still on the decay. Mergers and acquisitions are on the ascent, yet sanctions proceed on a descending winding, with states the nation over all observing comparative patterns.
So where has all the managing an account was gone and what is banking today? Merriam Webster characterizes banking or investment banking “as the matter of a bank or financier.” In substantial part, that business includes sending stores as an advance to borrowers; these assets having been acquired through a development of stores and capital.
It shows up as though purchases and organizations alike are looking to elective wellsprings of financing generally alluded to as FinTech; sources outside of customary banks, where endorsing necessities may be fairly more liberal, terms more adaptable and insurance all the more broadly characterized.
Today, that same industry part could now be all the more in exactly depicted as a “wellspring of assets,” which can, as a rule, be gotten to on the web. This makes the loaning exchange geology unbiased and speedier from application to endorsement to financing.
Consider the accompanying option loaning choices:
Peer-to-Peer (P2P): where an online stage matches moneylenders and borrowers in light of specific information which can be electronically assessed momentarily; loan specialist overhead expenses are commonly lower and financing costs focused in light of the credit nature of the borrower. “In the vicinity of 2014 and 2015, the estimation of worldwide P2P loaning was relied upon to ascend to an esteem seven times what it was in 2014 – from 9 billion to 64 billion U.S. dollars. By 2050 the esteem is relied upon to be near one trillion U.S. dollars.”
Crowdfunding: for the most part don’t require reimbursement and ordinarily get financing from an expansive number of little commitments from people who bolster a specific business’ procedure and potential effect. Crowdfunding can appear as a value venture whereby the speculators advantage from future income and capital development of an organization, a gifts/rewards display, a loaning model or a consolidated model. It is evaluated that there are more than 375 crowdfunding stages in the United States alone and well more than 500 around the world. A few sources have dollars raised at over $8 billion. Be that as it may, given the assortment of stages used to request supports, a correct sum can’t be resolved.
Figuring and Merchant Cash Advance: ordinarily, applies to less credit-commendable borrowers who get to financing in return for an expense and are reimbursed through the receipt of money on records of sales and future credit deals individually. A gauge for the overall volume is this space surpasses $3 trillion.
In spite of the fact that FinTech organizations keep on gaining energy using Big Data and innovation, conventional banks keep on holding by far most of the loaning piece of the overall industry. May 2017 measurements distributed by the Federal Reserve demonstrate add up to bank resources at $16,241.5 billion in the United States with $12,591.6 billion of that gathered in bank credit “i.e. loaning”. Still, as a rule, more stringent endorsing norms at customary banks have cut off access to certain new companies or battling organizations and therefore FinTech has ventured in to offer an option. A 2014 Fortune magazine article notes “… Startups in the monetary innovation field, or “fin-tech” as it’s normally called, are blasting, and huge foundations, for example, Bank of America, Citibank, and American Express are emptying cash into these agile new organizations to meet present day administrative, computerized and security challenges. Wander interest in worldwide FinTech tripled in the vicinity of 2008 and 2013 to $2.97 billion and is relied upon to reach $8 billion by 2018.”
While the field of Finance in terms of the industry has gone through various radicalizing changes, it has also resulted in great changes on the academics part of the industry. Today many top banks are seeking candidates who are thoroughly industry endorsed and have a formidable set of skills.
The Financial Services industry is without a doubt seeing the effect of innovation driven change either straightforwardly to their plans of action (for both customer and business customers) or even as an optional or tertiary effect, given it’s at the center of all different ventures. While these organizations have made a tolerable showing with regards to by and large of receiving more current and propelled advancements, they clearly need to get a move on of appropriation or hazard losing piece of the overall industry to the freshest participants – or more terrible, getting to be noticeably out of date.
The most recent influx of development and technology is about versatility. The web based keeping money and financier encounter has now moved onto your telephone which upgrades accommodation on many levels.
Banking and Investment applications would now be able to connect into your telephone’s GPS to give you area based data, for example, closest ABMs and branches.
Versatile and remote advances are a greater amount of a development in my psyche as they haven’t radically changed the market as much as past developments.
Remote installment innovation over RFID (Visa Pay Wave, MasterCard Pay Pass) is up to twice as quick as utilizing money or check cards. Charges won’t be dropping but rather buyers are getting back another extremely significant ware, time.
The normal retail Investment Banker or Financial Analyst won’t think excessively about how quick their exchanges are executed however dealers, institutional speculators and mutual funds do.
Executing exchanges a couple of milliseconds quicker on a trade can have a major effect when you are doing thousands or even a huge number of exchanges a day.
Getting the most ideal cost for your customers encourages them spare cash while it will also facilitate those who are putting the exchanges, they will get more business. There are different contentions that fast exchanging can prompt higher expenses for speculators nonetheless.
Fiber optic interchanges, quick figuring force and reason manufactured applications all add to executing exchanges rapidly.
While the pace of innovation change in the budgetary division may be ease back in respect to different regions, despite everything it has an extremely critical effect.
Regardless of whether we understand it or not, advancements in innovation for the managing an account segment influence us consistently.
To stay in the lead, money related and finance administrations associations must acknowledge and adjust to the way that the client base they serve is experiencing a noteworthy move as far as purchasing practices and inclinations, a lot of which is being driven by the computerized innovation transformation, especially online networking and portable. Era Y, for instance, needs more decision and control by the way they interface with a bank or insurance agency, regardless of whether it act naturally coordinated, web drove, individual to-individual, on the telephone or in an office. Accordingly, organizations must change their customary models and items to benefit this developing and evolving client
In today’s competitive world, merely being a graduate or a post graduate is not an impetus enough to begin your career in Finance. One has to acquire more than just the customary degree, to gain a competitive edge over others, further focused and specialised courses are compulsory.
Out of the array of courses available, you have to be very clear on your objective of taking up a course, also one has to consider if the said course if relevant. What worked in the times of your parents might not have the same value today? Or what your elder sibling did a few years ago might be redundant in the next few years. Financial capability and availability of time should also be a deciding factor.
There are many short term courses in finance. Like explained above there cannot be a ‘best course’, it is a relative term, you need to finalise basis what suits you the best.
There are many short term finance courses in India. Which usually relate to, Personal Finance, Corporate Finance, International Trade Finance, then there are courses in Financial Management, the object of such specialised courses is that delegates know how Finances, Investments and the Economy can affect an individual or an organisation.
Certain short term courses in personal finance can be pursued intermediately or after graduation. The courses in ‘Personal Finance’ are focused on managing individual finances.
Financial Risk Manager & Certified Financial Planner, are both courses which are highly revered in the finance industry. And also accepted globally. If planned appropriately, doing these short term and spanned financial courses, can easily give you an edge over others and help you not only acquire a relevant job but elevate the professional ladder as well.
Under the umbrella of ‘Corporate Finance’, one can choose short term finance courses between, Banking, Analytical, Financial Modelling, and Financial Management Courses. These courses essentially deal with managing the finances of a corporate or a business.
JAIIB & CAIIB programs from IIBF, PGDBO – Post Graduate Diploma in Banking Operations, are certain short term finance courses to consider.
Chartered Financial Analyst Program is holistic programme one can enrol if they want to take their career ahead in the field of analytics in finance. The program enables participants to be experts in Financial Analysis, Equity Research etc…, This is particularly preferred qualification for finance and investment professions. Also, there is a great demand of CFA charter in corporate finance.
Most of the courses can be planned and taken as a staggered approach.
Some additional short term financial courses that can be considered post-graduation are, Financial Modelling courses, this will give you an added advantage to the existing skill sets and widen your recruitment opportunities.
Global Finance and Accounting Program offers practical global accounting knowledge and creates skills to get career opportunities in finance and accounting.
So once again, reiterating on the fact, that clarity in though and a set objective from the short term finance course, based on your personal needs and limitations should be set. The courses mentioned above may be short but are specific enough to help you secure a relevant good paying job on completion.
Blended learning might have many connotations for many individuals. It is essentially a hybrid approach with a combination of online delivery of content and the traditional live face-to-face based instruction. For some, the definition or understanding of blended learning so boards that any integrated use of technology into the learning experience might result in it being branded as blended intervention.
What is Blended Learning?
In the true sense, blended learning is more of a pedagogical approach in education which brings the best of socialisation opportunities of the classroom and marries it with the flexibility of technologically enhanced active learning possibilities of online teaching experience.
The teaching landscape has witnessed a great evolution over the last century, there has been a technology uprising especially in the last decade which has impacted the way people learn. The availability of smartphones, tablets, Kindle, accessibility of the internet almost everywhere on the planet has rapidly impacted the way we learn and the generations to come will. Technology will continue to integrate into our lives and education and learning and development portals have accepted this fact and are willing to embrace it for the advantages it brings. Thus one will see the uprising in the acceptance and usage of blended learning approaches.
Blended Learning Models are very segmented in nature and hence is gaining popularity in the education forums for its ability to personalisation to fit the individual’s learning needs. The course can be designed from the many available models, to suit the topic or audience, for example, instead a traditional mode of delivery, one can choose the online method, where face to face interactions are periodic or limited, or offer Rotation method where the participant rotates between self-paced online learning and personal instruction schedules which are fixed but flexible in nature. They can also take advantage of the Flex method which for its majority is online delivery and participants can get instructor interactions on request as a support.
Advantages of a Blended Learning Approach
In the true sense, this approach is a win-win situation for the Instructor, Participant and the Topic i.e. the teaching condition is conducive to the topic of learning.
The Blended Learning Approach is breaking the traditional wall in some sense and addressing issues of individuals rather than approaching it as the whole, where the needs of a few were neglected. With the currently available technology, courses can be personalised to individuals learning capabilities. The technological integration also breaks down the conventional issues like time, where the participant has the flexibility to learn at their pace around a time in the day which is most convenient to them.
Instructor gains access to global resources, and materials which match the students level of knowledge and interest. Teachers can offer personalised interactions in private through chat rooms, emails etc., in turn helping the learner me more effective. Due to online portals, students get availability to their learning graph, which reduces the stress from the teachers allowing them to focus on the areas of weaknesses and bridge the skills gap more efficiently. Teachers can use technology to introduce a variety of activities and engage students through different learning styles. Instructors with the help of technology can reach and motivate slow learners or hard to reach participants creating individualised professional development plans. It also offers to teach as a professional to people located in remote or low opportunity areas, thus creating more earning potential and activating dormant careers.
Participant stays focused when technology is introduced in a teaching set up, focus and excitement increase. Subsequently, the retention ability is also enhanced due to continuous reinforcement. With the access to the internet the availability of resources increases, where inquisitiveness is fuelled by research, guaranteeing consistent engagement of participants and students alike. It gives rise to student autonomy, making the participant in charge and responsibility in setting personalised goals and learning pace, instilling a sense of ownership. This is phenomenal as the participant is not only learning the subject or topic but is also getting prepared in real live skills, thus directly impacting the future skills, like decision-making, resilience, self-engagement, research skills.
Topics or scale of information, it’s penetration or reaches also increases. It reduces isolation, participants or students sitting across any location can take advantage of the wealth of information and opportunities which were only available to the select few of the cities in the past. Thus offering more collaboration and networking opportunities. This, in turn, leads to better student data making the path for professional growth.
With all of these interesting facts and things being stated here, Imarticus Learning has taken an uptake over the Blended learning and we have created courses best suited for the people interested in Banking, Finance and Analytics industry.
To conclude, it is important to note that each individual will have a different learning style, the instructional design should focus on the visual, auditory and kinetic learners alike while designing corporate courses or in education. Integrating technology effectively can improve the retention, engagement and enjoyment for participants. Increased availability of technology in learning or blended learning approaches thus becomes imperative in today’s time irrespective of the nature of education in schools or corporates alike.
In recent times, Chartered Finance Analyst (CFA) is a designation which is quite revered and regarded by most as a key certification for professionals in the areas of portfolio management and research.
The chartered finance analyst program is a certification from the CFA Institute. It is a globally regarded certification. It is essentially a self-study methodology, graduate level program for professionals who want to pursue a career in investment. A person coming out of any discipline or academics can pursue the CFA program. Applications to the program are usually from students and undergraduates to an early professional who intent to get a boost to their career. Although it is important to note that just getting a certification will not guarantee the same.
Passing all the three exams of CFA in itself is a very daunting job when compared to the efforts and commitment of the time required as against other management programs like the MBA. In fact, there are many MBA pass outs and CA’s who join CFA to get into core investment banking jobs. CFA gives a great technical grounding and offers broad-based scopes suitable for investment banking, research analyst, equity research and portfolio management.
The CFA course focuses on ethics, portfolio management, accounting, corporate finance, fixed income and equity investments, so basically if one does not have a very specific choice but needs to build their career in the field of finance then they should opt for the CFA certification as it is broad-based, opening many career opportunities.
Passing a CFA exam shows that the person pursuing the same has the ability to show commitment, tenacity, comes across as a professional with resilience, and rigour. In addition to the learnings from the course, the charter holders are also considered internationally mobile as well due to their association with the global professional network.
Some of the most common jobs taken by the CFA professionals
Since CFA focuses on essentially training you on portfolio management skills, this job becomes a no brainer for most pass outs. Under this profile, you are responsible for making financial/investment based decisions for people who have given the control of their money to you or to your company.
Here the profile is responsible for analysing the financial transactions and records of the firm for its clients. Here you need to prepare your observations and reports and primarily have an insight of what the client would want to know about the financial health of the organisation in such a way that nothing essential is overlooked before making any strategic decisions. There are many other nomenclatures for this role within the organisation, such as investment analyst, rating analyst, financial analyst, equity analyst, to name a few.
Here the person needs to provide suggestions that will benefit the firm with professional advice. The CFA course covers corporate finance which will assist the professional to make alternative decisions and suggestions to the third party or the client satisfying their requirements.
Here you are required to keep a track of all financial footprints and documents of the business or company that you are associated with.
Investment Banking Analyst:
Here a person needs to check all possible pit stops, analyse, evaluate, all possibilities before any investment is made. The person usually is responsible for directing and making the firm aware of mergers and acquisitions. The task can be efficiently performed by any CFA pass out as the course has a section on corporate investment, equity investment, economics and more which prepares them to handle such requirements.
These are just a few opportunities out of the many that you can take advantage of if you wish to pursue the CFA certification.
So to conclude, it is quite obvious that in recent times many organisations and individuals alike are getting highly interested in CFA. The fact that a CFA certification will benefit the organisation and the individual in revenue growth and career growth, it is perhaps why most organisations are also considering sending employees usually from the start up a level for this certification as the long-term advantages cannot be ignored.
It is then true to say that the CFA designation does distinguish the charterholders from other counterparts in the eye of professionals and investors. As a successful CFA charterholder has already proved the test of time and their ability and intention of commitment to conducting their professional life according to high professional standards.
Indian Capital Markets have shown remarkable growth in the post-Liberalization era and it remains one of the most resilient globally and poised to be one of the Top destinations for domestic and global businesses to expand and invest in. Raising capital is a strategic priority across India and role of Capital Markets has assumed far greater importance and urgency.
India’s capital markets are currently valued at $140 billion, according to a report by McKinsey & Co. The consulting firm further states that India can unlock a further $100 billion in fresh funding each year for India Inc. if policymakers implement the right policies and fiscal measures to deepen the country’s capital market.
The size of the market can rise even further to $240 billion in a year’s time, but as it stands today, India’s ability to receive funding at scale is moderate at best with shallow pricing efficiency. In comparison, Australia and Japan rank much higher in funding. India needs policies to channel its substantial savings into productive endeavours and accelerate economic growth to potentially lift millions from poverty.
Emerging economies, including India, do not have access to predictable capital market funding at scale and investors lack the financial instruments to channelize long-term savings. This often leads to poor allocation resources pulling down growth prospects. The report suggested that deeper capital markets in emerging Asia could free up a cumulative $800 billion in funding annually, mostly for mid- to large-sized corporations and infrastructure.
The biggest challenge for India is to develop the corporate bond and securitization market, the report further iterates. Emerging market issuers lack options to diversify funding and to match funding with their needs. The absence of a long-dated bond market diminishes corporate borrowers’ flexibility to align funding structure with assets. The listing of government-controlled entities is a step in the right direction as it may lure investors to capital markets. Further, mandating state-controlled entities to tap debt capital for funds instead of going for bank loans is a step in the right direction as well.
Issues in emerging markets face a more volatile and higher cost of capital compared to developed economies. They pay roughly a 120 percentage point higher real cost for debt securities, making it difficult to raise funds for new ventures and to grow existing large companies or conglomerates.
Apart from more prudent fiscal policies and implementation measures by the Government of India, what this essentially is a change management challenge that requires a new mindset. Back in 2015, the US and Indian Governments were in serious talks to discuss potential avenues of technical collaboration between the Ministry of Finance and the US Department of Treasury in developing deeper and more robust Indian capital markets. In April 2017, the capital markets regulator SEBI introduced new products and stricter control measures to deepen the Indian capital markets. For instance, SEBI now allows investors to use e-wallets to buy mutual funds, which would potentially increase inflows into India’s Rs18 trillion MF markets. These are welcome moves indeed!
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Once upon a time, changing jobs every few years would look bad on your resume, it meant that the employee either did not get along with the team or had commitment issues. Times are changing, Millennials have a very strong desire to continuously learn and develop their skills which lead to frequent job changes.
Two to three years is considered an average tenure of an employee. Toggling between many companies and industries becomes a vital part of current professionals. The advantage of this trend is that there are many choices throughout your career, the disadvantage is that not all those choices might be good.
Choosing the right job or deciding on “The” company to work for might not be the dilemma of only experienced job seekers, but is a daunting task even for beginners. No matter how lucrative the opportunity is, it’s easy for seasoned as well as first timers to divert all their attention in impressing the right people, in the process, they forget to weigh certain pros and cons.
Even before you start considering which company might be suitable to you, it’s a good idea to introspect, do some self-analysis in understanding what gets you going, to make the right career choice.
To broadly classify, certain personalities love to seek new opportunities, think abstractly, are quick decision makers. They usually like to work in the creative fields or in an entrepreneurship set up. Their opposites are personalities that prefer planning and detailing, are analytical thinkers and do not take decisions until all points are considered, they avoid spearheading projects with limited resources etc., while a mix of both these personality types is imperative, one needs to know where you learn before choosing a career. As the creative personality, might not function at full capacity with a 9-5 setup.
Once the right career path is selected with due diligence, you need to list down the non-negotiables. Remember your priorities will change with age and experience, hence it is a good practice to re-visit the list from time to time.
Certain common factors could be-
Development Plan – Consider a good training and development opportunity. A bigger company might offer this and similarly, in a smaller company you might have more responsibility, both would lead to a skill set growth, while one might be organised the other would teach you practical application, choose where you learn. Is the work atmosphere conducive? Also, understand the organisational hierarchy, separate the title from the responsibility, because at the end of the day it is what you do that will get you your next opportunity.
Job Reviews – it is a good thought to know your review/appraisal cycle. If you are a person who needs regular affirmations this will become your driving point. Regular reviews also mean you are that much closer to your next promotion.
Company Review – Company Image is crucial. It’s a known fact, companies that don’t always keep up the pace are surpassed by the ones who do. Some factors into account would be to check the company’s leadership team. Do you see followers or innovators? Any success stories, how do they treat their employees. Client/ customer testimonials, look at their ex-employees, what opportunity did they have? In terms of technology how advanced or accepting the company is. Research your boss, estimate his personality, does it match yours?
Location – Two ways to look at it (A) where is your office located, the company address has an obvious impact, how well connected is it in terms of transport (B) how much are you willing to invest in terms of time and money. What are your options, does your office have flex hours or promote work from home? Leave policy? It’s also good to see if you blend into the vibe and culture of a certain setup. Research shows even with generous packages if the vibe, location or culture is a misfit you will reach a saturation point much faster than in a vice versa situation.
Salary – In the beginning of your career there would be some time you need to invest in hard work, however, consider the location, benefits, travel, and the salary scale of future employees of the brand you plan to join, merely taking your decision on the take home amount is not advisable.
Imarticus Learning offers a comprehensive range of professional Financial Services and Analytics programs that are designed to cater to an aspiring group of professionals who want a tailored program on making them career ready. Our programs are driven by a constant need to be job relevant and stimulating, taking into consideration the dynamic nature of the Financial Services and Analytics market, and are taught by world class professionals with specific domain expertise.
Overall, are your personal growth goals in alignment with the company you intend to work with? It would be short of a miracle if you find a 100% yes, however, a higher scale equals to accuracy in the decision.
And the most valuable piece of advice is to Trust your gut, your visceral cues are more valuable information, filtered by your subconscious. Make your intangible list, evaluate against all odds, and go accept that offer you have!
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There is a saying ‘Those who Can’t do, Teach’, with due respect to all teachers, Imarticus does not believe in that. Imarticus believes if the teaching has to be effective and if the learning has to be relevant to the job, then the teachers have to know how to excel in those areas themselves. One of the key highlights of any financial Prodegree course you take with Imarticus is that their faculties are domain experts. They have a unique experience of corporate understanding and domain expertise along with a passion for teaching. They have all independently established a brilliant track record in their previous roles.
In collaboration with EY as a knowledge provider, after intensive research, Imarticus has come up with 180 hours of skill building program, the Financial Prodegree, covering accounting, financial modelling, valuation and equity research. The courses are designed to build the skill gap faced by most organisations while recruiting.
A financial analyst is the most coveted role in the financial services industry. And what differentiates a good financial analyst from an average one is not only knowledge but the practical applicability of the theories that they know.
At Imarticus, to begin with the knowledge that is shared is industry endorsed, which ensures it is relevant in today’s time, secondly the learning methodology is not just in the form of lectures, but is very experiential, it has self-based videos, case studies and most importantly well-designed projects that prepare you for real life situations once you start your career.
The program has a good mix of academics and learning, catering to experienced professionals and novice’s candidates, with applications ranging from investment banking, mergers and acquisitions, private equity and research. It gives practical application to various valuation theories.
Imarticus assists you not only in the theoretical or practical application of theories, but the support is extended to building your personality, shaping it with the expectation of the big corporates. Communication skills, PowerPoint and Excel proficiency are also a part of the skills that are built. They understand that a good financial analyst is not only someone who assess the financial health of an organisation but someone who is also able to translate his findings fluidly to the core team.
We understand that no course is complete till the candidate finds a suitable job, with that objective Imarticus assists you in resume building, interview prep, and mock interviews, all preparing you for the challenges, so that you land the job you desire and springboard into action.
The financial rewards of being a financial analyst are very appealing, however, starting right is the key. Imarticus gives you the right platform with a well-researched and effective course, delivered through the most operative methodologies, by the finest faculty, who can add value, and overall give you a unique learning experience and a professional boost to your career.
The global economy is ever evolving, it’s good to be on top of your game, a step ahead of the others. If that is your goal, then to get a career boost in the field of finance, learning financial modelling is imperative. it will jumpstart your career in incredible ways. It is good to learn concepts and tools required to get an edge in the ultra-competitive job market. Financial modelling is one of the most sought-after skills in today’s corporate world where demand outnumbers supply.
What is Financial Modelling?
Financial modelling is nothing but an analysis of the company’s performance on applicable financial factors.
The intention of the analyst is to accurately forecast the capability in potential earning of an organisation.
There are various theories that exist, a financial analyst tests these theories by creating business events in an interactive format, mainly spreadsheets in excel, this is referred to as a financial model. It usually captures all variables for a particular event. After quantification of these events, formulas are created around these variables.
The spreadsheet is mainly in excel hence proficiency in it is required.
Financial models are mostly used by a financial analyst to understand the company’s performance and to predict its future. Being able to build a financial model is a prerequisite for jobs in investment banking, credit rating, risk management and so on.
One might be a business school graduate, one could also understand theoretically what financial modelling is, but it has been found that there a gap in learning of financial modelling and application. Most of the learning in B-schools is not relevant to latest developments, it is not detailed enough, and financial modelling is generally thought without excel practical experience. So if you are experienced, you might know what to do however would not know how to do it right, in the best technique. For example, you might know what is cash, debt paydown, ways a company can raise revenue. But what big companies really want you to know is how to determine the fair stock price of a company given all their financial statements.
Learn Financial Modelling the Right Way
When financial modelling is understood and applied correctly you will truly understand the fundamentals of the company, and your growth in corporate finance is vast. You will learn that ‘revenue’ is not just an item in the income statement but a combination of many aspects such as sales pipeline, probability of sales conversion, sales channel etc…, you will understand that market expense is combination of detailed data like, channel wise budget, conversion funnels, customer acquisition cost etc.,
In recent years financial modelling has become a predominant talent requirement for career advancement in finance. Most corporate finance roles require the knowledge of financial modelling, which translates that if you know financial modelling it also opens many career choices for you. The reason it is so multipurpose is that it assists in any job role that is involved in analysing a company. There are not many people who know how to build a financial model hence doing a specialised course will give you an advantage over others. A course will help you understand in detail on how to value a company, take a company IPO, issue shares, mergers and acquisitions, advise a company on options pricing or secondary sales, you will have a stronger foundation due to the understanding of financial modelling.
A financial modelling course is for anyone, someone who is pursuing an MBA, done their CA, CFA, or plan too, as it will add on to the theoretical learning in a practical way, and for working professionals as they will get an in-depth understanding and an edge over others, they will be able to contribute and spearhead financial modelling projects.
In recent times, it is not only good enough to simply deliver the past event results and explain what happened to the stakeholders. The explanation does not have any value if it cannot assist in making strategic decisions which will enable real value creation and the hence incremental increase in the valuation of the company and revenue.
Imarticus Learning has designed a Financial Modelling & Valuation Certification program for careers in Corporate Finance across various Financial Services roles like M&A, Private Equity, Equity Research, Business Modelling, Start-Ups, Budgeting, Financial Control and Financial Operations.
It helps to develop a fast-paced career path, which is both financially and professionally rewarding.
The global skill sets acquired through a career in financial services enables you to take on a variety of roles and leadership positions across large Corporates, Start-Ups, Investment Banks, Buy Side funds and new age e-commerce companies.