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

Conducting interviews

A significant amount of your modeling time should be allocated to discussions with the client's management. People are generally apprehensive when they're called into discussions with professionals, so you will need to allay their fears and create a non-threatening environment for your discussions. You need to make them understand that they are the experts and that you need their help to understand the business.

These interviews will help you understand why the decision was taken to prepare a financial model. They should cover the history of the company, including key policy decisions that have been taken and their impact on the company's results. You will need to make an assessment of key management personnel and the extent to which you can place reliance on their assertions. You will need to document your discussions as thoroughly as possible...