Book Image

Hands-On Financial Modeling with Microsoft Excel 2019

By : Shmuel Oluwa
Book Image

Hands-On Financial Modeling with Microsoft Excel 2019

By: Shmuel Oluwa

Overview of this book

Financial modeling is a core skill required by anyone who wants to build a career in finance. Hands-On Financial Modeling with Microsoft Excel 2019 explores terminologies of financial modeling with the help of Excel. This book will provides you with an overview of the steps you should follow to build an integrated financial model. You will explore the design principles, functions, and techniques of building models in a practical manner. Starting with the key concepts of Excel, such as formulas and functions, you will learn about referencing frameworks and other advanced components for building financial models. Later chapters will help you understand your financial projects, build assumptions, and analyze historical data to develop data-driven models and functional growth drivers. The book takes an intuitive approach to model testing and covers best practices and practical use cases. By the end of this book, you will have examined the data from various use cases, and have the skills you need to build financial models to extract the information required to make informed business decisions.
Table of Contents (15 chapters)
Free Chapter
Section 1: Financial Modeling - Overview
Section 2: The Use of Excel - Features and Functions for Financial Modeling
Section 3: Building an Integrated Financial Model


In this chapter, we have learned about the referencing framework in Excel. We learned about the three types of referencing; that is, relative, absolute, and mixed referencing; and when to use each of them. We understood that this concept can save us a lot of time in our Excel work, but is only relevant when we need to copy a cell or range of cells containing one or more cell references to another location. We also learned about the F4 shortcut key and how it toggles between the different forms of referencing.

In the next chapter, Understanding the Project and Building Assumptions, we will cover the need to understand the purpose of any project that you work on and how to build assumptions, which are necessary to project our actual results for the next three to five years.