Financial Modeling is a combination course which has many different variations. The crash course that students can choose has a lot of topics. The project is to create an abstract representation of a real-life situation in the business world. The program usually includes the fundamental theories and the practical analysis of the situation. The course starts with the students getting acquainted with excel as these forms the basis of most business calculations that are made. The crash course of Financial Modeling will have various different tools which are required to create a model as good as real. Different aspects are factored in the course subjects revolve around teaching the students the need, application, and analysis of the tool to figure out if the upcoming task, the project will be beneficial for the organization or not. This is a special skill and the Crash course for Financial modeling ensures that due weight age is given to each tool as the unforeseen circumstances will require the application of any of them when the times comes.
Students who have completed their graduate degree minimum are eligible for the course. The experts on various different subjects like chartered accountant can also take this course to strengthen their knowledge of business and expand their horizons. The course requires the students to have a prior degree preferably in finance for it to be beneficial for them.
Duration of these courses are small and they last a few months. The students are required to take a test at the end of the course and when they pass the test they are eligible for the certificate of completion.
There are options for online and offline courses and the study material and course structure is same for them both. Most students who are fresh out of college prefer to join the offline course and if the professionals are planning to take the course then they can take it in online mode which will allow them to continue with their work and still enhance their skills.
The duration of the course for Financial Modeling is four months post which the assessments are conducted. It majorly depends on the institute where the students are getting the course done and the time duration might vary a bit. Most of the courses begin in January and there is more than one session that students can be apart off. The students should go through the syllabus and see whether they will benefit from the sessions included. As stated above there are many tools and it is common that all institutes will not cover everything in the Crash Course for Financial Modeling. The students should choose the sessions which they are interested in and which will benefit them in the financial career.
The evaluations of these courses are done in two major partsassessments and examination. During the duration of the course, the students are asked to be a part of many projects which become a part of the online assessments. The weigh age to these assessments depend on the institute but overall they constitute 40% of the over the score. The rest 60% is covered in the final examination. These are all professionals course which is designed by experts who have the industry needs in mind. It is not a one time opportunity and the students can keep enrolling themselves for different courses to enhance their skills.
Most of the educational institutes that impart knowledge on financial sector create a combination of common laws & standards and real industry scenario. The Financial Modeling crash courses will require prior accounting knowledge as these are all advance form of designing models that reflect a real-time situation. Thus any other student who has not been a student of the subject might not find it relevant. The course improves the chances for students to get better opportunities in jobs and if they have a professional degree or a master degree along with these course certification then they get an added advantage. There is high consistency and the quality of education is the aim for most of the institutes. They have to abide by the standards and conduct the course well within the specified guidelines. It broadens the prospects for the students who learn while undergoing the course.