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Best 5 Financial Modeling Courses in India 2025

best Financial Modeling Courses
Published on Jan 08, 2024

Financial Modeling is recognized as one of the masterfully crafted arts within the finance industry which assists multiple business organisations companies and industries regardless of their business size in managing or streamlining finance-associated tasks efficiently. Financial modeling contributes to the analysed and researched informed decision-making process helping businesses to achieve their desired goals. The rise of financial modeling in today’s business world automatically increases the demand for expert financial modeling professionals. Many business concerns and institutions along with corporations are seeking skilled financial modeling individuals every hour. Individuals who are looking forward to pursuing a financial modeling course but are still perplexed in deciding course type or institution from where to register. Wait no more, this article presents a comprehensively curated list of the best financial modeling courses in India.      

Table of Content 

  • Financial Modeling - An Overview 

  • Importance of Study of Financial Modeling  

  • Introduction to Financial Modeling Course 

  • Who Can Pursue Financial Modeling Courses 

  • Best 5 Financial Modeling Courses in India 

  • IIM SKILLS 

  • The Wall Street School 

  • Corporate Finance Institute 

  • NSE 

  • EduPristine 

  • Conclusion 

  • Frequently Asked Questions 

Financial Modeling - An Overview 

Prior to untangling a list of leading Financial Modeling Self Study programs, let us understand the notion of financial modeling. The word Financial Modeling refers to the process of generating a comprehensive and extensive representation of businesses or individuals' accurate and current financial position through implementing financial modelling methods, numerical ability along statistical techniques. Through financial modeling, business organizations are enabled to ascertain pivotal details regarding the financial genres of their business, including operational or variable expenses, cash flow situations, debt, revenues, market trends, and more. Financial Modeling aid business organization & concerned individuals by providing authentic insights through in-depth analysis of their financial statements, which directly help them evaluate multiple investment opportunities, maintain financial health, and contribute to informed decision-making.    

Importance of Studying Financial Modeling  

There is enormous importance in the study of Financial modelling because it provides a streamlined, organised and structured approach for analysing, interpreting and ascertaining the complexities or intricacies of financial statements within business organisations. The study helps interested individuals to obtain knowledge of the advanced and powerful financial modelling or related tools that support and aid business organisations in predicting as well as managing multiple financial and favourable investment opportunities by calculating risk associated with different types of business scenarios and factors. The study of financial modeling help in building or skillfully managing financial models to assist business organisations, companies & industries in the decision-making process.  

  • Determining or Ascertaining Financial Position 

The study of Financial modeling and implementation of financial modeling software helps individuals to understand how financial models assist business organizations, companies and industries in evaluating the financial position of their business concerns more efficiently. With the study financial modeling course participants are able to learn top-notch financial modeling techniques along with mathematical calculation and statistical analysis methods to build financial models that provide insights into a business's current as well as future financial situation in order to help business concerns in forecasting and calculating various favourable financial opportunities that enormously contributes to achieving their desired business goals.  

  • Facilitating Informed Decision-Making 

The study of Financial modeling also supports individuals in adopting knowledge or significant financial modeling skills in order to support informed decision-making while ascertaining the financial position of business organizations. The study helps by training course participants in various aspects of financial models to carry or analyze every necessary and key detail related to business financial matters in order to provide accurate insights on different financial situations, the profitability of specific investment opportunities, risk factors and more which aid business organizations, companies and industries in the informed decision-making process. 

  • Risk Management 

The study of financial modelling helps course participants with one of the most important factors in every business concern which is risk management. Through the study of financial modelling individuals are able to obtain knowledge on skillfully predicting and optimising risk associated with every financial aspect of business concerns. The study helps participants train themselves in various types of Financial modelling techniques to support business organisations, companies, industries and corporations in order to determine possible financial risks and help them mitigate those risks.  

  • Forecasting 

The study of financial modeling makes individuals or course participants competent and eligible to forecast multiple important details associated with financial masters of business concerns. Individuals learn financial modeling through practical techniques and methodologies or become able to implement these learnings to help business organizations analyze historical financial data to predict favorable future circumstances related to financial affairs, including ascertaining or projecting revenues, forecasting financial risk factors, predicting expenses (fixed & variable) or cash flow and various other financial metrics.  

Who can Pursue Financial Modeling Courses? 

Financial modeling courses are considered one of the popular short-term trending finance courses that can be pursued by various individuals across their specific fields. Building a career within the finance industry under the specialisation of financial modeling is also beneficial in monetary terms because financial modeling experts are those individuals who can secure high-salary packages in the financial domain. Below is a list of candidates who are eligible to pursue best financial modeling courses in India. 

  • Individuals who are currently in their final year of graduation can pursue financial modeling courses. 

  • Fresh graduates are also eligible to pursue financial modeling courses. 

  • Individuals who have completed their post-graduation like an MBA in finance or business management can also pursue financial modeling courses.  

  • Individuals who pursue or complete professional finance courses such as Chartered Accountancy, Chartered Financial Analysts or various other professional finance courses are also eligible to apply for financial modeling courses in order to gain new skills.  

  • Working professionals who are looking to switch careers as financial modeling professionals can also pursue financial modeling courses accordingly. 

best financial modeling courses

Best 5 Financial Modeling Courses in India 

  • IIM SKILLS 

Established in 2015 headquarters in Delhi, IIM Skills an Ed-Tech company secured first rank among the best financial modeling courses in India. The institute is famous for offering top-notch and unparalleled professional courses across various trending industry domains. Their financial modeling course is extensively curated under the guidance of industry experts helping many interested individuals to build a successful career in the field of financial modeling.  

Course Name: Financial Modeling Course 

Study Mode: Online Live Classes | Self-Paced Study  

Course Curriculum Structure  

Module 1 - Basic to Advanced Excel  

  • Introduction to Ms. Excel 

  • Understanding the Ribbons 

  • Excel Keyboard Shortcut Keys 

  • Formula & Regular Function 

  • Conditional Formatting Rules 

  • Data Validation, Data Presentation,  

  • Sorting & Filtration Process of Data 

  • Understanding Tables, Charts & Graphs 

  • Introduction to Macross 

  • Sparklines & Sensitivity Analysis 

  • Calculation & Refrencings 

  • What-if Analysis 

Module 2 - Accounting Concepts or Financial Statements  

  • Accounting Principles 

  • Accrual vs. Cash Reporting 

  • Doble Entry Book keping 

  • Law of Going Concern  

  • Understanding the Law of Prudence 

  • Money Measurement 

  • Historical Cost Concept 

  • Understanding Income Statements 

  • Understanding of Financial Statements  

  • Types of costs, depreciation & Appreciation 

  • Impairment of Goodwill 

  • Introduction to Comprehensive Income 

  • Relationship between financial statements 

  • Preparation of financial statements 

  • Reading & Understanding Annual Reports 

  • Understanding Management Discussion & Analysis 

Module 3 - Ratio/KPI Analysis 

  • Introduction to Different Types of Ratios - Activity/Turnover, Profitability, Valuation, Liquidity, Solvency & more. 

  • DuPont Formula 

  • Three or Five Stage Analysis 

  • Understanding Basic EPS or Diluted EPS 

  • Concept of Treasure Stock Method 

  • Preparation of Financial Summary 

Module 4 - Technicals of Financial Modeling 

  • Introduction to Financial Modeling Structure 

  • Preparation of a financial model 

  • Forecasting or projecting financial statements 

  • Building Revenue & Cost Drivers 

  • Creation of schedules 

  • Error Tracking 

  • Identifying the best Financial Modeling Practices and Approaches 

  • Implementing Python for Financial Modeling 

  • Financial Modeling Software 

Module 5 - Different Types of Financial Models  

  • Three Statement Projection Model 

  • LBO Model 

  • Mergers & Acquisitions Model 

  • Private Equity Return Model 

  • 13-Week Cash-Flow Model 

Module 6 - Business Valuation  

  • Relative Valuation 

  • Trading & Transaction 

  • Difference between GPM & GTM  

  • Understanding the Concept of Controlling Premium 

  • Introduction to Discount Cash Flow Valuation 

  • Understanding different types of risk  

  • Concept of the risk evaluation process 

  • Concept of Levered & Unlevered Beta 

  • Understanding Mid-Period Valuation 

  • Introduction to Sensitivity Analysis 

  • Implementing Net Asset Value (NAV) for valuation 

Major Perks 

  • 70+ hours of lectures | 50+ hours of practical training | 20+ hours of doubt sessions 

  • Recorded lectures are also available 

  • Lifetime access to the course 

  • Practical Assignment or Case Studies 

  • Support in Mock Interview Preparations 

  • 24-7 assistance available 

  • Focusing on skill development 

  • 100% Job Support | Dedicated Placement Cell 

Certification: The globally recognized certificate of course completion is provided by IIM SKILLS recognized by the MSME Government of India. 

Course Duration: 3 Months | 2 Months Internship (Optional) 

Course Fees: INR 39,900 + 18% GST 

  • Corporate Finance Institute 

The Corporate Finance Institute (CFI) is considered one of the prominent online finance education platforms which was established in 2016 with the major aim of providing industry-based as well as high-quality training and education across various finance-related courses. The institute offers a wide range of professional certification courses specifically crafted or developed by industry experts according to current financial & banking standards. The CFI finance modeling course is a self-study course program that contributes to delivering a compatible as well as accessible approach for numerous interested individuals who seek to learn financial modeling skills. The courses allow participants to complete their course program at their own pace and convenience. Financial modeling courses by corporate finance institutes also secure rank within the best financial modeling courses in India. 

Course Name: Financial Modeling & Valuation Analyst (FMVA) 

Study Mode: Self-Paced Online 

Mode of Study: Online Self Pace 

Course Curriculum Structure   

  • Introduction to Business Valuation 

  • Understanding Financial Analysis 

  • Accounting Principles & Standards 

  • Introduction to DCF Valuation Modeling 

  • Introduction 3-Statement Modeling and Operation Modeling 

  • Understanding the Concept of Budgeting & Forecasting 

  • Learning Scenario & Sensitivity Analysis 

  • Understanding Dashboard & Data Visualisation 

Elective Topics (Any 3) 

  • Introduction to M&A Modeling 

  • Startup / e-Commerce Financial Model & Valuation 

  • Mining or Real Estate Financial Modeling and valuation 

  • Learning Amazon Case Study 

  • Concept of Leveraged Buyout (LBO) Modeling 

  • Introduction to Renewable Energy  

  • Understanding Corporate & Business Strategy 

  • Presentation of Financial Statement 

  • Advanced Exec function & formulas 

  • Data Analysis in Excel 

  • Introduction to Regression Analysis  

  • Concept of ESG Integration & Financial Analysis 

Course Highlights 

  • 39-course topics are provided for learners  

  • Upto 200+ interactive exercises 

  • Recorded Lectures are delivered by professional Industry-Experts 

  • Industry-driven curriculum 

  • Comfortable Self-Study Format 

  • Learning with Real-world Case Studies 

  • Extensive Resource Materials are also available 

Certifications: To get a certificate, participants have to complete the course and take the exam or secure a minimum of 70% marks for obtaining a certificate.   

Course Duration: 4-6 Months | Depend upon individual  

Course Fees: INR 40,967.71 

  • The Wall Street School India 

The Wall Street School India (TWSS) is ranked among the best financial modeling courses in India. Established in 2009 as one of the most recognised institutes providing study in various financial subjects with practical training approaches. The institute currently trains more than 25000+ candidates and still helping many participants in building their successful careers within the financial sector. The Wall Street School financial modeling and valuation course are comprehensively designed as well as curated under the supervision of professional industry experts. Let us read about their financial modeling and valuation course in detail. 

Course Name:  Financial Modeling & Valuation 

Study Mode: Classroom | Live Online Classes | Online Self-Paced Viedo  

Course Curriculum Structure  

Module - 1 

  • Introduction to Basic & Intermediate Excel 

  • Understanding Excel & Table Functions 

  • Concept of Pivot Tables 

  • Introduction to Cell Referencing  

  • IRR Calculations 

  • Understanding  the Implementation or use of Excel Formulas 

Module - 2 

  • Introduction to Advanced Excel & PowerPoint 

  • Understanding Sensitivity Analysis 

  • Charts, Bars & Diagrams 

  • Concept of Summarisation Data in Excel 

  • Using Excel for Statistical Analysis like Correlation, Regression, and Variance. 

  • Making PowerPoint Presentations 

Module - 3  

  • Introduction to Basic Finance Concept 

  • Understanding Statement of Financial Position 

  • Cash Flow Statement 

  • Statement of Income & Expenses 

  • Understanding the Relationship Between Financial Statements 

  • Break-even Point Analysis 

  • Ratio Analysis of Financial Statement 

Module - 4 

  • Introduction to Business Modeling 

  • Benefits of Using Net Present Value (NVP) 

  • Concept of Dynamic Business Model 

  • Understanding Capital Budgeting Techniques 

Module - 5

  • Introduction to Comparable Company Analysis 

  • Understanding the Impact of Convertible Securities 

  • Concpet of IPO Valuation 

  • Regression Analysis 

  • Idea of Treatment of Leases 

Module - 6  

  • Introduction to Precedent Transaction Analysis 

  • How to Calculate Multiple Transactions 

  • Difference Between Transaction Comps & Trading Comps 

Module - 7 

  • Introduction to Discounted Cashflow Valuation 

  • Projection of Cashflow 

Module - 8 

  • Introduction to the Merger Model 

  • Understanding Merger & Acquisition Process 

  • Concept of Valuation M & A Transactions 

Major Perks 

  • The course training is led by industry professional experts 

  • Practical industry-based training provided to all participants 

  • Up-to-date study material is offered by the institute 

  • Session recording available  

  • Placement assistance support 

  • Pay 40% of fees on admission/ enrolment and the rest 60% after successful placement 

Course Duration & Fees 

180+ hours of training with 250 live online or classroom sessions 

6 Weeks - Full-Time Course Program (Live Online / Classroom) 

Training Course Fees - INR  45,000 + GST 

Successful Placement Charges - INR 75,000 

2.5 Month - Weekend Program (Live Online / Classroom) 

Training Course Fees - INR 50,000 Tax Including 

Successful Placement Charges - INR 75,000 

Seld-Paced Pre Recorded 

Training Course Fees - INR 24,000 + GST 

Successful Placement Charges - INR 75,000 

Certification - For certification inquiries, please contact them.  

  • NSE 

NSE stands for National Stock Exchange or is an institution providing education relating to the finance domain. Today NSE hold significant importance among the best financial modeling courses in India. Their financial modeling course is specifically designed to offer interested individuals highly approachable along with industry-recognized and time-efficient techniques to learn how to create or manage intricate financial models as well as ascertain the authenticity of the financial models created by others. The course imparts essential theoretical knowledge regarding financial modeling & also trains course participants through practical learning programs. Now let us eye other important details regarding the financial modeling course offered by NSE. 

Course Name: Certification in Online Program on Financial Modelling & Valuation 

Study Mode: Online  

Course Curriculum Structure 

  • Understanding of Financial Modeling 

  • Introduction to Financial Statements 

  • Studying Sources of Financial Information 

  • Concept of Building Financial Models 

  • Understanding Business or Working Capital Drivers 

  • Concept of Financial Statement Drivers 

  • Introduction to Financial Statement Analysis 

  • Learning the Steps of Financial Statement Analysis 

  • Methods of Valuation - Introduction  

` Major Perks 

  • Taught by NSE expert faculty members 

  • Obtaining essential knowledge of the corporate world 

  • Interactive learning sessions  

  • Case Study - Financial Modeling  

Course Duration & Fees 

The duration of the NSE financial modeling & valuation course is 10 hours with 59+ lectures. 

Fees: INR 5,000 + 18% GST 

Certification: A globally recognized certificate after completion of the course is provided to every course participant by NSE & Empirical Academy. 

  • EduPristine 

EduPristine was established in the year 2008 by multiple professionals who are working or worked as experts in renowned multinational companies. The institute is ranked among one of the prominent finance training providers globally, offering a strong online education platform across various finance domains such as accounting, analytics, marketing and more. Their financial modeling course holds the fifth position among the best financial modeling courses in India. They offered a comprehensively designed and highly sought financial modeling course in collaboration with BSE Ltd. The course is taught by professional industry experts helping interested individuals obtain essential knowledge and skills related to financial modeling and building a successful career in the finance domain. 

Course Name: Financial Modeling Course 

Study Mode: Classroom (Mumbai) | Online Live Classes | Self-Paced 

Course Curriculum Structure 

  • Overview of Excel 

  • Understanding Financial Modeling Templates 

  • Concept of Conditional Formatting 

  • Excel Functions 

  • Introduction to Data Structure 

  • Concept of Business & Operating Models 

  • Understanding Tax Calculations 

  • Introduction to Financial Statement & Ratio Analysis 

  • Modeling Valuation - Understanding 

  • Introduction to Merger & Acquisitions 

  • Evaluation of Mergers & Acquisitions 

  • Concept of Power BI 

  • Understanding Macros  

  • Introduction to Project Financing  

  • Concept of Variance Analysis 

Major Perks

  • Training by industry experts 

  • Hand-on-hand real-world case study  

  • Advanced Excel Training 

  • Soft-Skill Training 

  • Dedicate Discussion Forum 

  • Resume Preparation & Job Assitance 

  • Career Support Service 

Course Duration & Fees 

The duration of the financial modeling course offered by EduPristine is 14 days with 70+ hours of live lectures.  

Fees: To know the fee structure and any further details of the EduPristine Financial Modeling Course please contact them. 

Certification: Individuals after completion of the EduPristine Financial Modeling Course get a course completion certificate from BSE Institute Ltd. 

Conclusion - Financial Modeling Courses

The demand for becoming an expert in the domain of financial modeling is rapidly rising, and today many finance enthusiasts, as well as individuals from different career professions, desire to build their professional careers as competent financial modeling experts. This article aims to provide a detailed list of India's best financial modeling courses that every interested individual can pursue. The article also talks about the importance of the study of financial modeling and who can pursue financial modeling courses. I hope that the researched list of the best financial modeling courses in India will help individuals or professionals to select their institutes according to their requirements. 

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