Course Description
This comprehensive 5-day course equips finance professionals with advanced Excel skills for planning, forecasting, and budgeting. Participants will learn to create sophisticated financial models, perform sensitivity analysis, and optimize decision-making processes using Excel's powerful features.
Learning Objectives
- Develop advanced Excel skills for financial modeling and analysis
- Create dynamic budgets and forecasts using advanced Excel functions
- Implement sensitivity analysis and scenario planning techniques
- Optimize financial decision-making through data-driven insights
- Enhance reporting capabilities with advanced Excel visualization tools
Course Modules
Day 1: Advanced Excel Functions for Financial Modeling
- Advanced lookup functions (INDEX, MATCH, OFFSET)
- Array formulas and dynamic ranges
- Data validation and error checking
- Financial functions (NPV, IRR, XNPV, XIRR)
Day 2: Building Dynamic Budgets and Forecasts
- Creating flexible budget templates
- Rolling forecasts and driver-based models
- Scenario analysis using Data Tables
- Variance analysis and reporting
Day 3: Sensitivity Analysis and Risk Assessment
- One-way and two-way sensitivity analysis
- Monte Carlo simulation basics
- Goal Seek and Solver for optimization
- Building tornado charts for risk visualization
Day 4: Advanced Forecasting Techniques
- Time series analysis and trend forecasting
- Regression analysis for predictive modeling
- Moving averages and exponential smoothing
- Combining forecasts for improved accuracy
Day 5: Data Visualization and Reporting
- Advanced charting techniques
- Creating dynamic dashboards
- PivotTables and PivotCharts for analysis
- Automating reports with macros
Practical Wins for Participants
- Create flexible, error-free financial models
- Implement data-driven forecasting techniques
- Perform advanced sensitivity analysis for risk assessment
- Develop visually appealing and insightful financial reports
Credits: 5 credit per day
Course Mode: full-time
Provider: Blackbird Training Centre
