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Financial Modeling in Excel & DCF Valuation - from scratch (Udemy.com)

Starting from zero, build a complete financial model in Excel with forecasting, 3-statement modeling, and DCF valuation.

Created by: Irfan Sharif ACA ACCA

Last updated March 2026

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What you will learn

  • Understand Financial Modeling in detail
  • Learn to prepare Financial Models in Excel
  • Before starting Financial Modeling, understand the Financial Statements in detail
  • Learn all the key Accounting & Finance terms for Financial Modeling
  • Learn Basic Finance, Time Value of Money and DCF
  • Learn to calculate Net Present Value - NPV
  • Learn to perform complete Financial Appraisal for projects

How it compares

Against the other 376 rated Udemy courses in Finance & Accounting on CourseDuck:

  • Rating4.2 out of 5higher than 10% of them
  • Reviews852#131 of 377 by number of reviews
  • Length5.4 hourslonger than 52% of them
  • Last updatedMarch 2026more recently than 67% of them

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Course Description

Financial modeling is one of the most valuable skills in finance, accounting, and investment analysis. In this course, you will learn how to build a complete financial model in Excel and perform a Discounted Cash Flow (DCF) valuation step-by-step.

This course focuses on practical learning. Instead of only discussing theory, we will build a real financial model together in Excel from scratch. By the end of the course, you will understand how companies are valued and how financial models are constructed by analysts.

You will start by learning how to forecast key financial drivers such as revenue, costs, and operating expenses. Then you will build integrated financial statements including the income statement, balance sheet, and cash flow statement. Once the financial model is complete, you will learn how to calculate Free Cash Flow, and perform a DCF valuation to estimate the value of a company.

The course is designed in a structured and beginner-friendly way, so even if you are new to financial modeling, you will be able to follow along and build the model step-by-step.

By the end of this course, you will be able to confidently build financial models in Excel and understand how analysts estimate the value of businesses using DCF valuation.

What You Will Learn

  • How financial models are structured in Excel

  • How to forecast revenue, costs, and operating expenses

  • How to build integrated 3-statement financial models

  • How to calculate Free Cash Flow (FCFF)

  • How to apply discounting and perform DCF valuation

  • How financial analysts estimate the value of companies

Who This Course Is For

  • Students learning finance, accounting, or business

  • Accountants who want to develop financial modeling skills

  • Finance professionals who want to understand business valuation

  • Anyone interested in learning DCF valuation and financial modeling in Excel

Requirements

  • Basic understanding of financial statements

  • Basic familiarity with Microsoft Excel

This course will give you the practical foundation needed to build financial models and perform DCF valuations in Excel, an essential skill for many roles in finance, accounting, and investment analysis.

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Instructor Details

Irfan Sharif ACA ACCA

Chartered Accountant with 16 years experience in Accounting, Finance, and Business Intelligence. 

I am a Chartered Accountant from ICAEW (Institute of Chartered Accountants of England and Wales) and a Chartered Certified Accountant from ACCA (Association of Chartered Certified Accountants in England) . I also have a Bachelors degree in Commerce. 

I started my professional career with PwC as a Functional Consultant, later moved to at FTSE 100 FMCG as a Finance Manager, then working a General Manager developed an outsourcing hub 'Excelsious' for US and UK accounting firms, and finally cofounded Receipt Bot - an accounting automation company which is automating some tedious aspects of Accounting for clients from 21 countries.

Right from the beginning of my career, my role has been to improve the Accounting and Reporting systems. From automating data entry and bookkeeping to the preparation of interactive business analysis dashboards for the senior management, I have led multiple assignments.

Over my professional career of 16 years, I have been teaching several programs of Accounting and BI at some reputed institutes. Over this time, I have trained 20,000+ students from 50+ countries.

I am absolutely delighted to share my skills and experience with you on the Udemy platform!

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Reviews

4.2

852 ratings on Udemy

Select a bar to show only those reviews.Select the bar again to show every rating.

By Alex Papiki Ntuli on 8/12/2025

In this course I have learned important finance concepts and skills which will assist me to make a meaningful contribution in the workplace.

By Terence Zhan on 5/31/2023

The course is amazing especially the cash flow statement preparation. Clear explanation, good example and practice materials. Thanks for your sharing!

By Naresh Suntan on 3/8/2023

The course designed very well. The last section 8 appears to be more irrelevant. please do let me know the practical cases of last section.

By Celestine Ganesan on 1/26/2022

I REALLY LOVE THIS COURSE BECAUSE IT TEACHES ME A LOT ABOUT EXCEL AND THE FORMULAS THAT CAN BE USED IN OUR WORK. I'M STARTING TO UNDERSTAND IRR AND HOPEFULLY I CAN LEARN MORE

By Ibrahim Boug on 7/6/2021

The course will help you to build the basic foundations of money management, which you will need to utilize in real life examples. It was super easy to follow up with the course explanations even if you do not have the slightest background of finance. I enjoyed and learned a lot in this course. Very much appreciated.

By Saptarshi Gupta on 6/28/2021

good content for beginners. very professionally narrated and explained. thank you. more practice resources and quiz will be highly appreciated.

By Keshav Gupta on 11/5/2020

It was too basic, would have loved some more information. Had too much basic explanation. Loved the two case studies in the end.

By Vikas Kumar on 9/21/2020

Few concepts could have been explained more effectively,than it could be more better.

By Rahil Babariya on 8/17/2020

It is a good course for people who have no prior knowledge of corporate finance. I had learnt these concepts back in my school lectures so I didn't learn anything new, but it was a good revision.

By Habib Ur Rehman on 7/29/2020

good job done by instructor he clears very topic in a effective and simple ways by consuming less time. i love more finance after doing this course.

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Overall Score : 84 / 100