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UdemyFinance & AccountingPaid courseBeginner levelCertificate

Financial Modeling and Forecasting Analysis with Excel (Udemy.com)

Create your first financial forecasting model and become an expert in no time!

Created by: Simon Sez IT

Last updated June 2023

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What you will learn

  • Come to understand the basics of financial modeling and forecasting
  • Know the purpose of financial forecasting
  • Build your first financial forecasting model
  • Learn how to build a sound financial model
  • Know the role of forecasting in strategic planning
  • Go through the three financial statements (balance sheet, income statement, and cash flow statement)
  • Learn how to define your forecasting objectives
  • Identify key variables and drivers
  • Analyze financial forecasts using ratio analysis
  • Learn about future trends in forecasting

How it compares

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

  • Rating3.9 out of 5higher than 1% of them
  • Reviews175#281 of 377 by number of reviews
  • Length5.3 hourslonger than 51% of them
  • Last updatedJune 2023earlier than 73% of them

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Course Description

***Exercise and demo files included***


Forecasting the financial performance of a business is crucial for its success. Both established companies and entrepreneurs use financial forecasting to determine how to allocate their resources to address expected expenditures in the coming years. It is essential to use tools that can generate a clear and reliable forecast for the business.


Financial modeling and forecasting can improve your business decision-making, and the best way to create a financial model is using a widely familiar application such as Microsoft Excel.


This course will discuss a fictional company, for which we will build our financial model and forecast. Coming into the course, you will need to have a basic understanding of Excel. General familiarity with accounting principles will also be beneficial.


You’ll enjoy 5 hours of video tutorials divided into 38 bite-sized video lessons. The course includes instructor files and exercise files so you can practice what you've learned and gain confidence as you go.


In this course, you will:

  • Come to understand the basics of financial modeling and forecasting using Excel

  • Know the purpose of financial forecasting

  • Build your first financial forecasting model in Excel

  • Learn how to build a sound financial model

  • Know the role of forecasting in strategic planning

  • Go through the three financial statements (balance sheet, income statement, and cash flow statement)

  • Learn how to define your forecasting objectives

  • Identify key variables and drivers

  • Analyze financial forecasts using ratio analysis

  • Learn about future trends in forecasting.


This course includes:

  1. 5+ hours of video tutorials

  2. 38 individual video lectures

  3. Course and exercise files to follow along

  4. Certificate of completion


Here's what our students are saying...


★★★★★ "This tutor displayed a great control and knowledge of the subject. Excellent delivery mode and clear explanations of concepts." -Kehinde Balogun

★★★★★ "The value of financial forecasting in strategic planning is well presented. I feel empowered to participate in the strategic planning process at my Bank. In addition, as a credit analyst, I have gained insight into the thought process of loan customers who present financial projections as a loan requirement." -John Paul Onyango

★★★★★ "Opened my mind to a different understanding on forecasting" -Wanjun Su

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Instructor Details

Simon Sez IT

Since 2008, individuals, small businesses, and Fortune 500 companies with thousands of employees have benefited from the easy and hands-on software training offered by Simon Sez IT. With over 12,000 video tutorials on a range of software programs, Simon Sez IT ensures stress-free eLearning and enhanced employee productivity - no matter whether you are implementing new software or a technological upgrade for your workplace. With over 1 million Udemy students in over 190 countries, Simon Sez IT is the preferred online learning choice for individuals and businesses everywhere. 

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Reviews

3.9

175 ratings on Udemy

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

By Janice Rojas on 12/18/2024

I’ve always had a hard time understanding professors with an accent.

By Spencer Burnham on 6/26/2023

The course content is good, but the instructors voice is a little monotone. Sometimes it’s difficult to stay concentrated

By Anthony E. Cruz on 5/19/2023

Course was great and very in-depth right up into Section 04-30 Forecasting Shareholders Equity. From that point on, it felt extremely rush, not very well explained, and the the work book was randomly solved and never shown on video a few times which made it hard to follow. Great first 70%, last 30% definitely needs revamping.

By Anonymized User on 1/23/2023

This is an excellent course. The instructors break down the concepts and explains how to use them. Thank you. MJM - San Antonio, TX

By Anonymized User on 1/16/2023

It was not...I would be better suited if there is a forecasting course centered around government accounting.

By Junjie Lei on 1/1/2023

I have a general framework about how to make financial forecasts after finishing all courses, but I'm still confuses about the correlation of some line items in spreadsheets. I may need to take some other courses aiming at financial analysis in the future to have a better understanding about this part.

By Slobodan Milosavljevic on 9/13/2022

It is a course worth taking. Be observant for hidden gems in modeling example. Horizontal and vertical analysis was well covered as well.

By Fenella Maria Andrews on 6/23/2022

Yes, it was a good course. We could have had a bit more details on certain topics like share holders equity, debt schedule etc. Overall good experience!

By John Paul Onyango on 4/20/2022

The value of financial forecasting in strategic planning is well presented. I feel empowered to participate in the strategic planning process in my Bank. In addition, as credit analyst I have gained insight into the thought process of loan customers who present financial projections as a loan requirement.

By Kehinde Balogun on 3/1/2022

This tutor displayed a great control and knowledge of the subject. Excellent delivery mode and clear explanations of concepts.

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Overall Score : 78 / 100