Advanced Excel for Financial Modeling

Master the advanced Excel tricks, techniques, and tools financial analysts use to build and audit financial models. By the end of this course, you will know how to write efficient and flexible formulas, create sensitivity analysis, and master Excel's features for finance.

• Get started with cash flow modeling and projections in Excel
• Master Excel shortcuts and techniques for financial modeling, including navigation, formula writing, and working without the mouse
• Audit financial models and write efficient, flexible formulas
• Learn advanced analytical tools for sensitivity analysis
• Learn financial functions for NPV, IRR, Bond Yields, & Mortgage Payments
• Conquer advanced functions financial analysts need: Nested functions, VLOOKUP-MATCH, INDEX-MATCH

This course does not require or cover corporate valuation or financial accounting concepts. The goal of this course is to master Excel's features. For in-depth analysis on financial modeling concepts as well as building comprehensive financial models on real-world companies, see our Financial Modeling Bootcamp. 

This course is included as the first day of our Financial Modeling Bootcamp. In our Bootcamp, you will build a valuation model on a public company while learning how to analyze its financial statements and create meaningful projections. The Bootcamp reviews financial accounting, corporate finance, and corporate valuation concepts, and includes smaller projects in LBO modeling and integrated 3-statement modeling. 

This course has a prerequisite

• Prior financial experience is helpful, but not required. 
• Excel proficiency equivalent to Intermediate Excel for Business is required, including VLOOKUP, Pivot Tables, and IF statements.

Course Overview

• Financial functions: NPV, IRR, XNPV, and XIRR
• Advanced database functions: VLOOKUP-MATCH, & INDEX-MATCH
• Create Data Tables to show outputs based on various scenarios
• Use Goal Seek's powerful calculation tools
• Create financial projections based on historical data
• Learn Hot Keys to work in Excel without the mouse
• Master Excel with a variety of shortcuts finance professionals need

Full Course Syllabus

Advanced techniques to Expedite Workflow

• Efficient formula writing
• Formula & model auditing
• Advanced cell locking
• Hot Keys to work without the mouse
• Windows & work with multiple applications
• Go To Special
• Paste Special

Project #1: Revenue build-up by store count and same store sales growth

• Learn different methods for projecting company revenues
• Apply advanced Excel techiques to quickly build out projections

Advanced Analytical Tools & Sensitivity Analysis

• Goal Seek
• Data Tables
• Scenario Manager

Project #2: Cash flow modeling & sensitivity analysis

• Project revenues and expenses
• Discount cash flows to the present value
• Run a sensitivity analysis for valuation based on revenue growth and gross margin

Database Functions for Finance

• Advanced SUMIFS
• VLOOKUP-MATCH
• INDEX-MATCH

Functions for Financial Modeling

• Financial functions
• Date functions
• Nested IF statements
• IF Statements with AND/OR
• CHOOSE function
• Weighted average calculations
• IFERROR

Projects #3: Loan amortization model

• Model cash flows from an amortizing loan
• Use advanced functions to aggregate the data

Learn more about Advanced Excel for Financial Modeling at NYC Career Centers.