Excel – Financial Modeling (level 1)

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Course outline last update: 2024-02-09
This training course is an introduction to the best practices in financial modeling in Excel. It teaches how to handle Excel functions and functionalities in order to build effective financial models that allow financial forecasts, scenario analysis and sensitivity analysis.
  • Apply best business practices in financial modeling
  • Create scenario analysis and sensitivity analysis
  • Eliminate calculation errors through the use of advanced functions and modeling techniques
  • Apply the Excel functions necessary to develop a dynamic and efficient financial model
  • Introduction to financial modeling
    • What is a financial model?
    • What are dependent and independent variables?
    • What are the best practices in financial modeling in Excel?
  • Scenario ans sensitivity analysis
    • How to build a one-variable sensitivity table?
    • How to build a two-variable sensitivity table?
    • How to use the switch technique?
    • How to use the multiplier technique?
    • How to use the delay technique?
    • How to use the input technique?
    • How to use the scenario manager?
  • Excel financial modeling functions
    • How to use the following functions for more flexibility:
      • Index
      • Match
      • If, Or, And
      • SumIf, SumIfs
      • Sumproduct
      • Offset
  • Interaction between forecast and actual data
    • How to work with actual data and build a rolling forecast?
    • How to build a variance analysis between actual and forecast data?
  • Presentation tips
    • What functions to use to build quick summaries?
    • How to improve a financial model with the Indirect and the Address functions?
    • How to improve the presentation with the Round and IsError functions?
  • Optimization tips
    • How to add total controls and validation pages?
    • How to audit a financial model?
    • How to protect a financial model?
    • How to document a financial model?
This training course is offered in English.
The targeted learners are the professionals who are already using Excel in their day-to-day work activities and have to build financial forecasts, budgets, business cases and data analysis aiming at supporting business decision making.
This online training course lasts approximately 6 hours (3 hours of video and about 3 hours of exercises).
To access the course, click on "Buy this course" to add it to your shopping cart. Then proceed to checkout to complete the transaction. If payment is made by credit card, the course will be available immediately. If payment is made by bank transfer, the course will be available as soon as we have received and processed the payment.
This training is available in asynchronous online format directly on our web platform. The training will be supported by alternating video clips and exercises.
An entry evaluation will be carried out at the start of the course. A final assessment after each training module will validate the achievement of pedagogical objectives. The pass mark is 75 %.

The average score for learners who have completed the course is 89.7 %.
Please let us know if you have any specific requirements. If we can't meet them, we'll refer you to the organizations that can help you, and we'll take their recommendations into account wherever possible.
If you have any questions about this training course, please contact us at info@lecfomasque.com
Sophie Marchand MVP
Sophie Marchand, M.Sc., CPA, CGA, MVP, holds a master degree in corporate finance and a CPA, CGA accounting designation. She is also an MVP Office Apps and Services (Excel) and an MVP Data Platform (Power BI). The MVP designation stands for "Most Valuable Professional". It is awarded by Microsoft to top solution experts who distinguish themselves not only by their skills but also by their involvement in the community. Only 4 professionals in the world have this double qualification. Ms. Marchand has many years of experience in the business and specializes in Excel and Power BI for finance professionals. After being a consultant for many years, she now devotes herself to training and just love to share her passion and knowledge with other professionals. She also leads the Montreal Modern Excel and Power BI users group. Trainer accredited by the Commission des partenaires du marché du travail.
To find out whether or not you should take this training, we strongly suggest that you take an online quiz. If your score is less than 70%,  we strongly suggest to attend our Excel - Intermediate level training course before attending this training course.
Each learner must have access to a portable computer equipped with MS Excel 2007 or more for Windows, or MS Excel 2011 or more for Mac.
Course registration includes PowerPoint presentations, Excel files with examples and exercises and reference to a web site (in French) where many additional resources are available as well as a public forum (in French).
At the end of this training, when all the lessons and quizzes are completed, the learner will be able to download a certificate of completion. This certificate will include the trainer's Emploi-Québec accreditation number, the participant's name, the title and date of the training, the number of hours of training completed, the number of Continuing Education Units (CEUs), as well as the name and signature of the trainer. This certificate meets the requirements of the continuing education obligations of the Quebec professional orders. For private training (via Teams), the certificate will be sent to the learner by email following the completion of the training.

This training qualifies for 0.6 continuing education units (CEUs).

Le CFO masqué membre SOFEDUC - Sceau UECLe CFO masqué is a member of the Société de formation et d’éducation continue (SOFEDUC), which defines a Continuing Education Unit (CEU) as 10 hours of participation in a structured training activity organized and conducted by an accredited organization, facilitated by qualified instructors and culminating in an evaluation. Only SOFEDUC members in good standing are authorized to use the graphic symbol.
Coming soon.
Training course review - Excel Financial Modeling (level 1)
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Since you have lifetime access to your training, you can listen to the videos as many times as you like. However, your certificate will only be accessible when the course is 100% complete. Therefore, before replaying a video (which will restart the counter at 0), it is strongly recommended that you download your certificate first, in order to keep a copy of it, with the original completion date.
Your e-learning course does not come with personalized help. If you have any questions, please ask them on our online forum.
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