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Financial Modeling using Excelنمذجة القوائم المالية بإستخدام االكسل
Managerial and Financial Training Center
المركز االداري والمالي للتدريب
Program ObjectivesAnalyze financial data using the most efficient and powerful functions
Grab best practice techniques to build the most effective charts and tablesfor all your financial data - make an impact on your business andstakeholders
Learn how to quickly, efficiently and effectively evaluate financialdecisions when undertaking a project, making an investment, acquiring ordisposing of a business, etc.
Be able to prepare realistic and reliable financial forecasts with confidence
Become competent in using optimization tools for getting the best resultsin portfolio management, project evaluation and planning Work with ateam on the analysis of a business problem, design part of the model andthen learn how to integrate it into a whole business financial / operationalmodel.
Who should attend
All Excel Users particularly:
Financial Analysts
CEO’s / CFO’s
Portfolio managers/- Corporate accountants
Credit analysts/- Private equity managers
Venture capitalists/- Risk managers
Board members /- Investment bankers
Regulators /- Bank lending officers
Financial government officials
Strategic planners /- Trustees
Compliance officers/Internal Auditors
Management consultants
Corporate Finance lawyers
Financial Modeling
Users
Financial Analysts
Financial Modelers
Head of Finance
Project Managers Accountants
Financial Modeling
Areas
Portfolio Risk Management
& Analysis
Projects' Finance
Bonds
BanksValuation
Agro-Industerial
Projects
Financial Statements
Analysis
Day One
Best Practice Financial Modeling and Tools
Introduction to Financial Modeling
Define a financial model
Principle of Occam’s razor
Interrelationships within a model
Logical arrangement of the parts
Model design and structure
Characteristics of good financialmodels
Exploring Excel Functions:
Financial
Date and time
Statistical
Lookup & reference
Database
Text
Logical
Information
Exercise 1: Designing a simple model for loan amortization
Day Two
Modeling & Analyzing Forecasted
Financial StatementsUnderstanding Basic Financial
Statements
Forecasting guidelines
Modeling the connection between theincome statement and the BalanceSheet
Assumptions margin
Structuring the input sheet vs outputsheets
Modeling common size statements
Smoothing techniques in forecasting
Simple and multiple regressionanalysis
Sensitivity analysis in forecasting
Surplus funds and the necessity tofinance
Static vs. dynamic analysis
Effect of surplus income from surplusfunds
Types of cash flows (Operations,Investment, Financing)
Modeling payment of successive debttranches
Modeling Ratio Analysis and KeyPerformance Indicators:
◦ DuPont Analysis
◦ Profitability ratios
◦ Leverage ratios
◦ Coverage ratios
Exercise 2: Forecasting the financial statements of a company with full ratio analysis for five years in future
Day ThreeProject Appraisal and Evaluation
Modeling
Introduction to Capital Budgeting Techniques
Understanding net present value
Understanding internal rate of return
Going through a worked example of a project cash
flow
Problems with the IRR calculation
Multiple IRR
Shooting yourself in the foot with incorrect
assumptions
◦ NPV
◦ XNPV
◦ IRR
◦ MIRR
◦ XIRR
Exercise 3: Modeling the IRR and MIRR of a
poultry project
Pivot Tables: Introduction to Pivot tables
Creating a Pivot Table report
The Pivot Table wizard
Percentage of column, percentage
of raw, and percentage of previous
Top and bottom 10 feature
Creating formulas in pivot tables
Retrieving data from external
sources including access and
internet
Linking Pivot Tables to MySQL
Pivot charts manipulation
Building one variable Data Tables
Building two variables Data Tables
Exercise 4: building a Pivot Table for
portfolio data
Day FourIntroduction to VBA, StochasticModeling and Monte Carlo Simulation
Introduction to VBA
What is VBA
What is a macro?
Creating a simple macro
Changing multiple properties at once
Assigning a shortcut key to a macro
Looking inside a macro
Objects, properties and methods
Navigating the Visual Basic Auditor
Manipulating recorded properties
Eliminating repeated objects in a recorded macro
The Select…Selection structure
The With Selection structure
Making long statements more readable
Designate a trusted location for macros
Looping
Branching
Automating spreadsheets
Retrieving data from non-Excel sources
Recording a macro that runs other macros
Exercise 5: Recording a macro in Excel and navigating through the Basic Editor
Monte Carlo Simulation: Monte Carlo simulation versus "what if"
scenarios
Stochastic vs. static models
Incorporating decision rules into Monte Carlo simulations
Comparing simulation to reality
Step by step application of Monte Carlo Simulation
Exercise 6: Examples of Monte Carlo simulation
Day Five
Enhancing and reviewing your Financial Models
Building custom new functions in Excel using VBA
Using a custom function from a worksheet
Adding arguments to a custom function
Making a function volatile
Making arguments optional
Using a custom function from a macro
Developing and storing a new add-in
Exercise 7: Building a new custom Function in Excel and storing it in an add-in
Reviewing and updating financial models
Exercise 8: Comprehensive case study
What Delegates Said About MFTC Courses
MR: Imad EL Choueiri / Program: Certified Compliance Officer
Compliance Manager – Al-Khabeer Merchant Finance Co.
“The Course is well organized & thanks to MFTC for conducting & offering such
beneficial courses”Mr. Hani Fathi Rageb / Program: ACI Dealing Certificate
Treasury Chief – Emirates Bank
“The course is very useful. It quipped us with all necessary information and tools that can
be applied in our daily routine work”
Mr. Ahmed Mahayri / Program: Chartered Wealth Manager
Money Analyst – SEDCO
“Companies must be licensed by Financial Market Corporation and staff should be
certified wealth managers”
MR: Mehernosh Colsawala / Program: Certified Compliance Officer
Operation & Control Manager – Watheeqah Holding Group Kuwait
“There is a positive interaction between the instructor and trainees which we rarely found in
other training centers. I wish you all the success”
MFTC Training Sessions
MFTC Clients
For Registration and More Information
Managerial and Financial Training Center
Al Sitten St. Ibn Al Alem Commercial Center – Floor No. 01
Telephone: 00966(12)6529126 – 6529275 Ext:122
Fax: 00966(12) 6531275
Mobile: 00966(5)35500097 / 00966(5)35530307
Website: www.fin.com.sa
Email: [email protected]