Certificate In Financial Modelling Using Excel

Transcription

1 Includes one full day on Essential Excel For Finance Certificate In Financial Modelling Using Excel Book and pay NOW and bring your colleague for FREE on this course See last page for details* Top 5 Learning Objectives 1. Understand the essence of financial models and analyse their applications 2. Discover how to construct reliable and realistic financial models that work and are easy to review 3. Learn to measure, interpret and predict company performance using Excel modelling Led by Danielle Stein Fairhurst 4. Improve your decision making processes and save time on financial analysis 5. Proficiently use Excel as an analytical tool and enhance your financial abilities January 2015 Sheraton Dubai Mall of the Emirates Hotel, Dubai, UAE May 2015 Dusit Thani Hotel, Dubai, UAE 4-8 October 2015 Venue TBC, Dubai, UAE Sign up for this course and receive a complimentary copy of Using Excel for Business Analysis written by your Director an event

2 About Your Expert Director The George Washington University School of Business, Informa Middle East s Academic Partner, is dedicated to excellence: in its teaching and research about management, in the public and private sectors, within the United States and internationally. The school has a 75 year history of preparing men and women for leadership in both the public and private sectors. Known internationally for its dedication to academic excellence, the school draws students from all parts of the United States and around the world. Beyond first class teaching and scholarship, the school s faculty offers practical experience in the issues and challenges confronting business and government. Its research centres link faculty and students with US and international business and government organisations. Recent distance learning initiatives have expanded the school s global reach. Requirements And Certificates Delegates must meet two criteria to be eligible for an Informa/GW Certificate of Completion for a course: 1. Satisfactory attendance delegates must attend all sessions of the course. Delegates who miss more than 2 hours of the course sessions will not be eligible to sit the course assessment. 2. Successful completion of the course assessment Delegates who do not meet these criteria will receive an Informa Certificate of Attendance. If delegates have not attended all sessions, the Certificate will clearly state the number of hours attended. Assessment Delegates are required to submit one of the models built during the course for assessment and to sit for a short exam at the completion of the course. Would you like to run this course in-house? Our in-house training division Tel: cts@informa.com Danielle Stein Fairhurst is the Principal of Plum Solutions, a Sydney-based consultancy specialising in Excel modelling and analysis. With over 14 years experience as an analyst, she helps her clients create meaningful models in the form of business cases, pricing models and management reports. She has hands-on experience in a number of industry sectors, including telecoms, information systems, manufacturing and financial services. Danielle is the author of Using Excel for Business Analysis which is part of the Wiley finance series. She has regular engagements around Australia and globally as a speaker, course facilitator, consultant and analyst. She holds a Master of Business Administration (MBA) from Macquarie Graduate School of Management (MGSM), and has taught management accounting subjects at Sydney University. Materials Delegates will receive a complimentary copy of Using Excel for Business Analysis: a Guide to Financial Modelling Fundamentals, by your trainer, Danielle Stein Fairhurst which contains instructions in Excel 2007 and 2010, and Excel for Mac. Software Bring your own laptop to the session installed with any version of Microsoft Excel. Although the course includes an overview of the new features in later versions of Excel, delegates should bring their laptops loaded with whichever version they are comfortable using in their everyday work. Prerequisites The course material includes extensive use of Excel and delegates will gain the maximum benefit from this course if they are already competent spreadsheets users. It is designed for users who do use (or will use) Excel on a regular basis, and are comfortable with using its tools and functions. This is what delegates have said about Danielle Stein Fairhurst s previous Certificate In Financial Modelling courses Danielle has vast experience in financial modelling building, she shared practical experiences with us. I would like to attend another course with her. Muhammed Arif Masood, Aldar Properties, UAE Danielle is an expert in financial modelling. Dr. Ram Behin, Team Leader Projects Universal Hospital, UAE

3 Using Excel January 2015, Sheraton Dubai Mall of the Emirates Hotel, Dubai, UAE May 2015, Dusit Thani Hotel, Dubai, UAE 4-8 October 2015, Venue TBC, Dubai, UAE Timings Registration will be from 7:30 on Day One. Each day the course will commence promptly at 8:00 and conclude at 14:30 followed by lunch. Refreshments will be served at approximately 10:30 and 12:30. Outline Day One Essential Excel For Finance Specifically designed for business professionals who need to take their Excel skills to the next level, this intensive full day course focusses on the technical Excel skills that will be required for the Financial Modelling course. This very practical day covers everything you need to perform your job. For those who don t have time to sit through extensive Excel how to training, this day will arm you with a range of tools, techniques and formulas essential for finance. Guaranteed to contain no fluff, this day will equip you with the skills to produce more efficient and accurate Excel models and increase productivity. Must-Know Tools And Techniques Key points on upgrading from prior versions of Excel to the latest, 2013 Absolute referencing Named ranges Time saving shortcuts New Features In Excel 2010 And 2013 An overview of power pivot Using sparklines to display trends on dashboards Applying a slicer to pivot tables Formulas You Simply Can t Live Without LOOKUP, VLOOKUP, HLOOKUP Logical functions eg. IF, AND Aggregation functions eg. SUMIF, COUNTIF Financial functions eg. NPV, IRR, PMT Formula nesting Bullet-Proofing Your Model Protect data by locking cells Password protection Restricting incorrect data entry with data validations Using worksheet protection to prevent entry Protecting your file using Read Only and password protection Charting Creating and modifying a chart Making your charts look fabulous Charting tips, tricks and shortcuts New charting features of Excel 2013 Essential Advanced Tools Autofilters Goal seek Macros Pivot tables Array formulas Other Useful Tools Spin buttons and drop-down menus Hiding Working with dates Hyperlinking Conditional formatting Day Two Introduction To Financial Modelling What is financial modelling? - Typical examples and purposes of financial models Software selection - Tool selection and advantages and disadvantages of Excel and other software for the purpose of financial modelling Model design - Model planning and steps in building your model Skills needed for financial modelling - The technical, design, business and industry knowledge required for financial modelling Model tools and functions - Which formula or tool is most appropriate in which modelling situation? Building the business case: issues and logic surrounding the calculation of customer acquisition - Creating the pool of potential customers - Narrowing down the pool - Expected customer acquisition - Lost customers/customer defection - Market penetration Practical exercises: Modelling exercises using a range of financial functions and tools. Building a business case utilising financial modelling techniques T:

4 Day Three Financial Modelling Theory And Best Practice Modelling techniques - What makes a good model? Attributes of a good model such as user-friendly and structural features - Avoiding Excel errors A wrong calculation in a model can have disastrous consequences! Strategies to reduce errors in financial modelling - Rebuilding an inherited model - Building error checks - Correcting errors - Create a more efficient model with links - Dealing with links and the potential errors they cause Bullet-proofing your model Retain model integrity and prevent misuse of your model by learning to restrict incorrect inputs - Protection - Locking cells - Restriction of incorrect data entry with data validations Making a model user-friendly - Formatting - Navigation Dealing with uncertainty and risk - Economic inputs to model, and modelling fluctuations in external factors - Use of stress testing to validate a model - What-if analysis - Importance of assumptions when assessing risk Create a best, base and worst case scenario on your model Technical tools for creating scenarios: - Manual sensitivity analysis; drop-down scenarios - Scenario manager - Data tables Displaying final model results and findings Communicate the results of your model clearly and concisely whilst getting the key message across to the audience - Documentation and source referencing - Writing assumptions - Writing operation instructions Practical exercise: Building scenarios and perform sensitivity analysis on financial models. Build a property development scenario model. Build a cash flow funding model, including a P&L, cash flow and balance sheet including scenario analysis. Day Four Financial Modelling For Budgeting And Forecasting Practical application of modelling in Excel for the purpose of budgeting for organisations - Advanced forecasting functions; time series, exponential smoothing and regression analysis - Modelling for stepped costs when forecasts include both fixed and variable costs - Sales forecasting predication of likely sales revenue based on drivers - Seasonality simply and easily spread revenue or expenses throughout the budget period based on season variations - Building an expense budget based on given assumptions, you will build a budget for 12 months - Contingency planning calculating a contingency based on assumptions about probability and impact of unexpected events - Budgeting for capital expenditure capital expenditure is budgeted for cashflow and then depreciated - Cash flow budgeting translating your profit and loss statement into a cashflow forecast - Reporting against budget; variance analysis creating a template into which actual and budget can be compared and analysed Practical Exercise: Create a model in Excel which will calculate volume-dependent costs Day Five Practical Financial Modelling Charting and graphing fundamentals how to build charts When to use a table or charts; combining tables and charts using chart data table and data bars Choosing the correct chart to display your findings Visual design dos, don ts and common mistakes in graphical presentation of data and reports How to present easy to follow information concisely and clearly Pivot Tables and their role in financial modelling Practical exercise: Build your own flexible report including a dynamic chart Case Studies Demonstration and overview of the following: 1. Tiering tables One of the more complex and widely used calculations in financial modelling. Discussion of two different methods of calculation; a simple and progressive table 2. Pricing models Calculating profitability and break-even points at various prices 3. Dynamic charting Create a user-friendly report with a dynamic chart based on drop-down selections 4. Modelling for risk assessment Assess project risk with a risk assessment model using conditional formatting Practical Exercise: Forecast a sales cycle based on historical data by calculating the seasonality index and adjusting the forecast accordingly Who Should Attend This hands-on course is designed for middle and senior business and finance professionals as well as general managers who need to use financial models to measure business performance, including: Finance Managers and Controllers Strategy Directors and Managers Budget, Corporate, Business and Financial Analysts Project Managers and Risk Analysts Investment and Management Accountants Heads of Business Units and Business Planners Financial Advisors and Corporate Analysts T:

5 Using Excel January 2015, Sheraton Dubai Mall of the Emirates Hotel, Dubai, UAE May 2015, Dusit Thani Hotel, Dubai, UAE 4-8 October 2015, Venue TBC, Dubai, UAE FIVE WAYS TO REGISTER register-mea@informa.com Informa Middle East P.O Box 9428, Dubai, UAE Our in-house training division Would you like to run this course in-house? Save training $$ and create learning experiences relevant to your business. To customise this course and increase value and impact, contact Leigh Kendall on or the team at cts@informa.com Using Excel (BC5784) January 2015 Using Excel (BC5785) May 2015 Using Excel (BC5786) 4-8 October November November February March July August 2015 DISCOUNTS AVAILABLE FOR 2 OR MORE PEOPLE CALL: a.watts@informa.com fees include documentation, luncheon and refreshments. Delegates who attend all sessions and successfully complete the course assessment will receive an Informa/GW Certificate of Completion. * The 2 for 1 offer is valid on full price registrations for this course only * The offer is only valid on January course dates * Not applicable in conjunction with corporate discounts * Payment to be settled before start of the course All registrations are subject to our terms and conditions which are available at Please read them as they include important information. By submitting your registration you agree to be bound by the terms and conditions in full. DELEGATE DETAILS First Name: Surname: Job Title: Company: Address: Postal Code: Country: City: Tel: Mobile: Fax: PAYMENTS A confirmation letter and invoice will be sent upon receipt of your registration. Please note that full payment must be received prior to the event. Only those delegates whose fees have been paid in full will be admitted to the event. AVOID VISA DELAYS BOOK NOW Delegates requiring visas should contact the hotel they wish to stay at directly, as soon as possible. Visas for non-gcc nationals may take several weeks to process. CANCELLATION If you are unable to attend, a substitute delegate will be welcomed in your place. Registrations cancelled more than 7 days before the Event are subject to a $200 administration charge. Registration fees for registrations cancelled 7 days or less before the Event must be paid in full. Substitutions are welcome at any time. EVENT VENUE: Sheraton Dubai Mall of the Emirates Hotel, Dubai, UAE Tel: Dusit Thani Hotel, Dubai, UAE Tel: ACCOMMODATION DETAILS: WEB BC5784/ BC5785/ BC5786 We highly recommend you secure your room reservation at the earliest to avoid last minute inconvenience. You can contact the Informa Hospitality Desk for assistance on: Tel: Fax: hospitality@informa.com All registrations are subject to acceptance by Informa which will be confirmed to you in writing. Due to unforeseen circumstances, the programme may change and Informa reserves the right to alter the venue and/or speakers or topics. SN/ST FN Finance Copyright Informa Middle East Ltd