Financial Modelling Course Opportunities by EduPristine
Welcome back, learners! In this blog post, we’ll explore how completing the financial modelling course can open doors to a range of exciting job opportunities. So, without taking up much time let’s dig right into this blog.
Keeping this as simple as possible, a Financial Modelling (FM) course is all about predicting the future statistics of the firm using 3 important metrics i.e., accounting, finance & business. With the help of Microsoft Excel, a financial model is created for a firm. The most important data here is the historical data of a firm without which it is hard or almost impossible to predict the statistics.
1. Historical Data
Historical data is the foundation of each financial model as it helps with digging up the past events, trends, statistics etc. which in turn helps the firm with making better predictions for the future. Setting benchmarks and identifying the main causes of financial success or failure are made easier with the use of historical data.
2. Assumptions
The reason assumptions are a key component is that when predicting a financial model, metrics such as tax rates, market fluctuations etc. need to be considered making sure all the data is factual and true to knowledge.
3. Financial Statements
Financial statements are inclusive of income statements, balance sheets & cash flow statements and all 3 are interconnected. Not only do these statements and sheets help with knowing the past performance of a firm but also help with future performance simultaneously improving on the same.
4. Supporting Schedules
The granularity of the model is improved by supporting schedules, which offer thorough analyses of certain components in addition to the main financial statements.
1. Equity Research
What does an equity researcher do?
With the right set of skills, being an equity researcher can be a rewarding career. An equity researcher basically looks after the stocks of public companies and analyses them in order to buy, sell or hold them. Moreover, their day starts pretty early as they need to keep up with the stock market news and then move on to updating their colleagues specifically on the sales side. All of this requires a lot of attention and a lot of soft skills which are of utmost importance such as; strong analytical and creative thinking, effective communication abilities, and the capacity to swiftly and precisely combine data from several sources and provide it in an understandable manner are all necessary.
2. Investment Banking
What does an investment banker do?
An investment banker works round the globe due to which they need to adjust to different time zones. Their work is all about handling the financial processes within the investment decisions of a firm, coordinating mergers and acquisitions, including building financial models to analyze and support the merger or acquisition; fixing stock pricing to enable investors to invest in the stocks and raise funds for the growth of the company; ensuring compliance with financial regulatory institutions, including the Securities and Exchange Board of India (SEBI). They work under pressure most days. This career does seem very hard but if you are willing to put in effort then you can surely excel here.
3. Credit Analyst
What does a credit analyst do?
As the name suggests, credit analysts basically analyze the data they get and accordingly decide the creditworthiness of the person. It means that they can approve or deny a customer’s credit account, not exceed the line of existing credit. They do this by evaluating the data and then mentioning the risk factors if any. Their duties include; information entry, updating, and retrieval for credit applications, assessing and establishing the applicants’ credit worthiness doing a cash flow study of companies to assess the risk of giving credit.
4. Financial Analysis
What does a financial analyst do?
The work of a financial analyst starts from gathering data. It is inclusive of historical data, balance sheets, ledger etc. Moreover, data can be found on third party providers such as Bloomberg & government agency i.e., SEBI. Then they move on to organizing the information here Microsoft Excel a big savior as the data gathered is cluttered and it needs to be decluttered using formulae’s and what not making sure to have a clean data at the end. Moving to analyzing the results as the term being very simple financial analysis analyze the clean data and further work on it. The analyst will compare the performance to that of other businesses in the same industry and search for patterns. This is just a small part of their work financial analysts have a lot to take care of.
EduPristine has launched the Financial Modelling (FM) course in partnership with Bombay Stock Exchange (BSE) Institute Ltd and among Top 2 in India. Not only will EduPristine provide this hard skills course but also it will help you excel with your soft skills along with placement assistance. EduPristine provides classroom training (in Mumbai) as well as live virtual classes (Online) at no extra cost. The faculty here is top notch & industry experts that focus on teaching theoretical concepts and applicability of those concepts. You can even go through the testimonials provided by the learners.
Conclusion
Here we come to the end of our blog. We hope as a learner you now have enough information regarding the Financial Modelling Course , Financial Modelling Course Duration, Financial Modelling Course Fees & the opportunities it offers. So, if you have made up your mind you may contact the EduPristine team on any handle mentioned below. If you want another blog regarding job opportunities do let us know your comments at the end of this post. See you in our next blog post until then keep learning, keep growing.
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