Develop advanced Excel expertise for financial modeling and analysis. Master the sophisticated Excel techniques, tools, and strategies that financial professionals use daily to build and validate financial models, conduct sensitivity analyses, and manage complex financial data. By completing this course, you will write efficient and flexible formulas, construct comprehensive sensitivity analyses, and leverage Excel's most powerful features for financial work.
Core Learning Areas:
- Get started with cash flow modeling and financial projections in Excel
- Master Excel shortcuts and advanced techniques for financial modeling, including efficient navigation, sophisticated formula writing, and keyboard-only work methods
- Audit financial models and develop efficient, adaptable formulas
- Learn advanced analytical tools for conducting comprehensive sensitivity analysis
- Master financial functions for NPV, IRR, bond yield calculations, and mortgage payment analysis
- Master advanced database functions that financial analysts use regularly: Nested functions, VLOOKUP-MATCH, and INDEX-MATCH
Prerequisites:
- While prior financial experience is helpful, it is not required
- Intermediate Excel proficiency is mandatory, including demonstrated competency with Intermediate Excel for Business, VLOOKUP, Pivot Tables, and IF statements
Key Skills Developed:
- Financial functions: NPV, IRR, XNPV, and XIRR for valuation
- Advanced database functions: VLOOKUP-MATCH and INDEX-MATCH for lookup operations
- Data Tables for scenario analysis and sensitivity testing
- Goal Seek for powerful reverse calculations
- Financial projections based on historical trends and data patterns
- Hot keys and shortcuts for efficient work without the mouse
- Comprehensive Excel shortcuts that finance professionals rely on
Detailed Course Content:
Advanced Techniques to Expedite Your Workflow
- Writing efficient formulas that recalculate quickly
- Auditing and validating financial models for accuracy
- Advanced cell locking for protecting model logic
- Hot keys for mouse-free navigation and operations
- Managing multiple windows and concurrent applications
- Go To Special for selecting non-contiguous ranges
- Paste Special for intelligent data pasting
Project 1: Building Revenue Projections
- Learn multiple methods for projecting company revenues
- Apply advanced Excel techniques to rapidly build sophisticated projections
Advanced Analytical Tools and Sensitivity Analysis
- Goal Seek for determining required input values
- Data Tables for creating multiple output scenarios
- Scenario Manager for complex what-if analysis
Project 2: Cash Flow Modeling and Sensitivity Analysis
- Project revenues and operating expenses
- Discount cash flows to present value calculations
- Run sensitivity analysis to test valuation under different growth and margin assumptions
Database Functions for Financial Analysis
- Advanced SUMIFS for conditional summing
- VLOOKUP-MATCH for sophisticated lookups
- INDEX-MATCH for flexible data retrieval
Functions for Financial Modeling
- Financial functions for analysis and valuation
- Date functions for timeline calculations
- Nested IF statements for complex logic
- IF statements with AND/OR operators
- CHOOSE function for conditional selection
- Weighted average calculations
- IFERROR for error handling
Project 3: Loan Amortization Modeling
- Model cash flows from an amortizing loan
- Use advanced functions to aggregate loan payment data
Learn more about Advanced Excel for Financial Modeling at NYIM Training.
