Learn to Build the Models Behind Real Financial Decisions
Move beyond finance theory and learn how analysts actually evaluate businesses.
Build practical expertise in Excel, financial statement analysis, forecasting, three-statement modelling, DCF valuation, comparable company analysis, scenario modelling and financial presentation through hands-on learning.
Designed for learners preparing for careers across:
Take the First Step Towards a Career in Finance
Illustrative model · Adjust the assumptions to explore valuation.
WHY FINANCIAL MODELLING MATTERS
Understanding finance theory is important.
But when you enter an analyst role, you're expected to do more than define EBITDA, explain working capital or calculate ratios.
Financial modelling brings all of these skills together.
It teaches you how to take assumptions, financial information and business drivers and convert them into a structured model that can support real financial decisions.
You may be asked to:
They show employers that you can:
See how revenue, expenses, assets, liabilities and cash flows interact.
Connect financial numbers with what is happening inside a business.
Translate assumptions into future financial performance.
Use valuation frameworks instead of relying solely on headline numbers.
Understand what happens when important assumptions change.
Turn a spreadsheet into insights that decision-makers can actually use.
CAREER PATHS
Financial modelling is used across some of the most analytical roles in finance.
The skills developed during this program can help you prepare for opportunities such as:
Analyse businesses, build valuations, prepare financial analyses and support transaction-related work.
Explore this career pathEvaluate company performance, build forecasts and provide financial insights for decision-making.
Explore this career pathAnalyse listed companies, estimate future earnings and develop valuation views.
Explore this career pathWork on budgeting, financial forecasting, management reporting and business performance analysis.
Explore this career pathAnalyse businesses and assets using financial modelling and valuation methodologies.
Explore this career pathEvaluate investments, capital requirements, business plans and financial strategies.
Explore this career pathAssess potential investments, company performance, valuation and financial returns.
Explore this career pathAnalyse startups, growth assumptions, unit economics, funding requirements and valuation.
Explore this career pathConnect operational performance with revenue, profitability and financial planning.
Explore this career pathAnalyse company performance and support communication with investors and stakeholders.
Explore this career pathPROGRAM AT A GLANCE
This isn't designed to be another course where you watch someone build spreadsheets.
You will learn the concept, see how it works, build it yourself and apply it to realistic financial situations.
WHAT YOU WILL LEARN
Your learning journey is structured so each skill builds naturally on the previous one.
Build speed and accuracy using formulas, shortcuts and modelling conventions commonly used in finance.
Understand how the income statement, balance sheet and cash flow statement work individually and together.
Interpret historical financial information and identify the numbers that matter most.
Create assumptions around revenue, costs, margins, working capital and business growth.
Build integrated financial statements where assumptions flow dynamically throughout the model.
Estimate business value using projected free cash flows and discounting.
Analyse how the market values similar publicly listed companies.
Build base, upside and downside cases to understand different possible outcomes.
Measure how valuation changes when important assumptions change.
Understand how financial models vary across different industries and business models.
Learn to organise and communicate financial findings clearly using Excel and PowerPoint.
Use AI tools intelligently to accelerate research, analysis and repetitive modelling workflows while maintaining control over financial assumptions.
COURSE CURRICULUM
The Financial Modelling & Valuation curriculum progresses through four stages.
Before building sophisticated financial models, you need a strong understanding of the fundamentals.
Learn:
Understand:
Learn how to interpret:
Understand how these three statements interact and why a change in one statement can affect another.
Cover concepts including:
Learn to evaluate:
Once the fundamentals are clear, you'll move into model construction.
Learn:
Build revenue forecasts using methodologies such as:
Understand why revenue forecasts should be driven by business logic rather than arbitrary percentages.
Forecast:
Model:
Understand how operating decisions ultimately affect company cash flows.
Build:
Model:
A three-statement model brings together the Income Statement, Balance Sheet and Cash Flow Statement.
Forecast:
Forecast:
Build:
Understand how:
Learn to identify:
STAGE 3 — VALUATION & ADVANCED MODELLING
VALUATION & ADVANCED MODELLING
Financial statements tell you how a company has performed.
Valuation asks a different question:
What could this business be worth?
You'll learn major valuation frameworks used across corporate finance, investment banking and equity research.
Build a complete DCF model covering:
Understand not just how to calculate a DCF, but how different assumptions influence the final valuation.
Learn how analysts benchmark a business against similar listed companies.
Work with valuation multiples such as:
EV / EBITDA
EV / EBIT
Understand how to choose appropriate peers and interpret valuation differences.
Understand:
Businesses rarely perform exactly according to one forecast.
That's why professional financial models should allow analysts to test multiple outcomes.
Model the expected financial outcome based on reasonable assumptions.
Evaluate stronger revenue growth, higher margins or other favourable conditions.
Evaluate weaker growth, margin pressure or challenging market conditions.
Test how valuation changes when assumptions such as these change:
Calculate the level of revenue, sales volume or margin required for profitability.
A SaaS startup should not be modelled the same way as a bank, manufacturing company or property development.
You'll explore how model structures can change based on the underlying economics of a business.
Understand:
Build detailed monthly forecasts to understand liquidity and cash requirements.
Explore concepts such as:
Understand how financial institutions require different analytical and valuation approaches.
Analyse project-based businesses and long-term investment opportunities.
Build financial models used for budgeting, strategic planning and internal decision-making.
AI can accelerate parts of financial analysis, but it cannot replace strong financial judgement.
You'll explore responsible ways to use AI tools for:
You'll also understand:
The goal is simple:
Use AI to work faster without outsourcing your financial thinking.
STAGE 4 — LEARN BY BUILDING
PRACTICAL PROJECTS
Instead of completing the program with only theoretical knowledge, you'll apply concepts through practical assignments and financial models.
Analyse the historical financial performance of a company.
Skills Applied:
Build revenue and expense forecasts using key business drivers.
Skills Applied:
Build an integrated Income Statement, Balance Sheet and Cash Flow Statement.
Skills Applied:
Estimate company value based on expected future cash flows.
Skills Applied:
Compare a company against relevant publicly listed peers.
Skills Applied:
Bring everything together.
You'll analyse a company, study its historical financial performance, forecast its financial statements, value the business and present your conclusions.
The objective is to create a piece of work that demonstrates your ability to approach a financial analysis assignment from beginning to end.
WHAT YOU WILL WALK AWAY WITH
At the end of the program, you'll have developed practical assets that demonstrate what you've learned.
Receive your certificate after successfully meeting the applicable completion requirements.
Build models covering areas such as:
Complete an end-to-end analysis that can help you discuss your practical experience during interviews.
Build the confidence to explain:
Certificate upon successful completion
TOOLS YOU'LL WORK WITH
For financial analysis, modelling, forecasting and valuation.
For presenting financial findings, valuation outputs and business conclusions.
Learn how public company information and market data can be organised for financial analysis.
Use AI responsibly for research, analysis and workflow acceleration.
WHAT SETS THIS PROGRAM APART?
Move logically from Excel and accounting fundamentals to integrated models and advanced valuation.
Learn from professionals who understand how modelling is applied in finance roles.
Each important topic is supported by practical modelling exercises.
Build models you can use to demonstrate practical exposure during interviews.
Understand how financial modelling changes across companies, industries and business models.
Develop financial expertise alongside modern AI-assisted workflows.
Understand not only how to build financial models, but how to explain them during job interviews.
Bring multiple concepts together in one comprehensive valuation assignment.
WHERE FINANCIAL MODELLING IS USED
Used for:
Used for:
Used for:
Used for:
Used for:
Used for:
Used for:
Used for:
Used to assess the financial implications of strategic business decisions.
WHO IS THIS PROGRAM FOR?
Suitable for learners pursuing:
who want to build practical finance skills before entering the job market.
Apply classroom finance concepts to practical financial models and valuation assignments.
Strengthen your financial analysis, forecasting and Excel capabilities.
Develop financial modelling and valuation skills commonly relevant to analyst-level work.
Complement your theoretical finance knowledge with practical model-building experience.
Build a structured finance foundation before pursuing analytical finance roles.
Enhance the modelling capabilities you use while advising businesses or analysing investments.
Understand forecasting, company valuation, cash planning and financial decision-making.
LEARN FROM FINANCE PRACTITIONERS
Strong financial modelling isn't about memorising formulas.
It's about understanding:
PwC10+ years across IB and consulting with 11 years of teaching. Translates boardroom strategies into classroom clarity, preparing learners with deal-ready skills.
DeloitteChartered Accountant with 5+ years in audit, assurance, and financial advisory. Simplifies complex financial concepts into practical insights for aspiring finance professionals.
Barclays10+ years in investment banking, specializing in high-value financial solutions and complex transactions. Former Cognizant analyst with expertise in analytics and process optimization.
ASSESSMENT & CERTIFICATION
The assessment framework can include:
Short assessments to reinforce important concepts.
Build and submit financial models covering core topics.
Apply financial concepts to realistic business scenarios.
Analyse and value a company from beginning to end.
Complete the required final assessment according to the program's eligibility criteria.
Learners who successfully complete the applicable requirements receive:
Meritshot Certificate in Financial Modelling & Valuation
CAREER READINESS SUPPORT
Career support can help you position the skills developed during the program.
Present your modelling experience, projects and finance skills clearly.
Position your finance learning and professional interests effectively.
Prepare for questions covering:
Practise communicating financial concepts clearly under interview conditions.
Learn how to confidently explain models and projects you've completed.
HOW THE LEARNING JOURNEY WORKS
Learn the underlying financial concept.
See how the concept is applied inside a model.
Create the model yourself.
Change assumptions and understand the impact.
Identify errors and improve model structure.
Use multiple concepts in business cases and assignments.
Complete your capstone project and prepare to explain your work.
PROGRAM DETAILS
PROGRAM FEE
Contact our team for the current course fee and applicable taxes.
Confirm the registration fee with your advisor.
Flexible payment options may be available subject to eligibility and applicable terms.
Speak with a program advisor to understand:
FREQUENTLY ASKED QUESTIONS
A Financial Modelling & Valuation Course teaches you how to analyse financial statements, create forecasts and estimate the value of a business using tools such as Microsoft Excel.
The program combines finance concepts with practical modelling so you understand both the logic behind financial decisions and the process used to analyse them.
Financial modelling can be relevant for students and professionals interested in careers across investment banking, equity research, FP&A, corporate finance, valuation, private equity, venture capital and related fields.
It can also be useful for entrepreneurs and professionals who regularly work with budgets, forecasts or investment decisions.
Yes.
The curriculum begins with Excel, accounting and financial statement fundamentals before moving into forecasting, financial models and valuation.
Learners should, however, be prepared to spend time practising concepts outside the classroom.
No.
Financial modelling requires numerical comfort and logical thinking, but most analyst-level models rely more heavily on accounting, finance, business reasoning and Excel than advanced mathematics.
The curriculum can include:
Yes.
Hands-on model construction is an important part of the program.
Learners progress from smaller exercises to integrated financial models and valuation assignments.
Depending on the final curriculum, projects can include:
Yes.
The program covers the major components involved in DCF valuation, including free cash flow, WACC, terminal value, enterprise value and equity value.
Yes.
You'll learn how businesses can be compared using relevant listed peers and valuation multiples.
Yes.
You'll learn how to test model outcomes under changing business and valuation assumptions.
Yes.
Excel is integrated throughout the curriculum because it remains one of the primary tools used for financial modelling.
You will learn formulas, shortcuts, formatting and model-building techniques in the context of finance rather than learning Excel in isolation.
The program can include practical applications of AI for financial research, formula assistance, financial analysis, scenario generation and workflow optimisation.
The emphasis remains on using AI as an assistant while independently verifying financial assumptions and outputs.
Financial modelling is commonly relevant to roles across:
Investment Banking
Financial modelling and valuation are important skills for many investment banking analyst roles.
Understanding accounting, company forecasting, DCF and comparable company analysis can also help when preparing for technical finance interviews.
Yes.
FP&A professionals frequently work with budgets, forecasts, management reports and business scenarios, making financial modelling relevant to many FP&A responsibilities.
The course can help you develop practical financial analysis and modelling capabilities.
However, career transitions also depend on factors such as your existing experience, qualifications, networking, interview performance and individual employer requirements.
It can complement qualifications that are more theoretical by adding practical Excel-based modelling and valuation experience.
The value will depend on your existing level of modelling expertise and career goals.
Learners who successfully meet the program's stated completion requirements can receive a Financial Modelling & Valuation Certificate from Meritshot.
Depending on your final program policy, requirements can include:
The program includes live instructor-led sessions supported by learning materials and assignments. Learning Format: Live Online.
Learning time varies based on your finance knowledge, Excel proficiency and practice.
Understanding the concepts is only the first stage. Developing confidence requires repeatedly building and reviewing models independently.
It can initially feel challenging because it combines accounting, finance, Excel and business reasoning.
Once you understand how the different components connect, the model-building process becomes far more structured.
Develop the practical financial modelling and valuation skills used across modern finance roles.
Ready to Start Building?
Financial Modelling & Valuation Program
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Circularity Switch: OFF
600+ Hrs
Practitioners
20+ Models
50+ Cases
Capstone
Certificate
Financial Modelling in Practice
5 Projects + 1 Capstone Valuation
Understand the numbers.