5 Best Financial Analyst & Modeling Courses Online (2022 Updated)

Want to become a Certified Financial Analyst? We have brought together the 5 best financial analyst & Modeling courses online researched by bankers.

Before talking about the courses, let us know the skills you will learn from best financial analysis & modeling courses.

Skills You Can Gain From Financial Analyst & Modeling Course:

  • Financial modeling
  • Accounting
  • Spreadsheets and presentation
  • Valuation
  • Budgeting and forecasting
  • Research
  • Financial planning and analysis
  • Strategic thinking 

The Scenario Of Jobs In The Finance Sector:

Via: Payscale (verified)

The demand for financial analyst & modeling is on the rise with the increase in economic activity. The Bureau of Labor Statistics (LBS) projects growth of about 11% for the financial analyst profession from 2016 to 2026. The projection indicates huge job opportunities lying ahead for financial analysts.

As a financial analyst & modeling individual, your annual package will range from $68000 to $120000. You can scale even higher with experience. 

The financial analyst role is not specific to wall street firms only. Banks, Asset management companies, real-estate investment brokerages, insurance companies, and other financial corporations or data-driven businesses employ financial analyst.

With the ability to reduce risks through data-driven analysis, a financial analyst is on its way to becoming the most highly demanded job in the financial sector. However, you will need certification to land a Financial Analyst role in major financial corporations. 

To help you on your journey to becoming a financial analyst, we have brought together a list of the 5 Best Financial Modeling Courses Online.

5 Best Financial Analyst & Modeling Course By Bankers

1.Financial Modeling & Valuation Analyst (FMVA) – (CFI)

FMVA is a premier certification course for financial analysts worldwide. While the course is comprehensive and flexible, it has a robust syllabus. Adding immense value to your CV, FMVA teaches you the skills required to get started with the financial analyst job.

Over one million students have graduated from CFI, and the majority of them work with prestigious companies like Goldman Sachs, JP Morgan, BlackRock, Amazon, etc.

FMVA Course Content:

FMVA syllabus is divided into three types of courses.

  • Prep courses (These are optional)
  1. Accounting Fundamentals
  2. Reading Financial Statements
  3. Excel Crash Course – Spreadsheet Formulas for Finance
  4. Introduction to Corporate Finance
  5. Math for Corporate Finance
  6. Capital IQ Fundamentals
  7. Macabacus Essentials
  • Core courses
  1. Financial Analysis Fundamentals
  2. Accounting Principles and Standards
  3. Building a 3 Statement Financial Model
  4. Business Valuation Modeling Part I
  5. Business Valuation Modeling Part II
  6. Budgeting and Forecasting
  7. FP&A Monthly Cash Flow Forecast Model
  8. Scenario & Sensitivity Analysis in Excel
  9. Dashboards & Data Visualization
  10. PowerPoint & Pitchbooks
  11. Professional Ethics
  • Elective courses (Complete a minimum of 3 courses)
  1. Mergers & Acquisitions (M&A) Modeling
  2. Leveraged Buyout (LBO) Modeling
  3. The Amazon Case Study 
  4. Presentation of Financial Information
  5. Real Estate Financial Modeling
  6. Startup / e-Commerce Financial Model & Valuation Course
  7. Mining Financial Model & Valuation
  8. Renewable Energy – Solar Financial Modeling Course
  9. Corporate & Business Strategy
  10. Advanced Excel Formulas Course
  11. Excel VBA for Finance

Also, read this graduate FMVA review

Course Features:

  • Learn key practical concepts The course makes you familiar with accounting basics like fundamental accounting principles, key accounting standards, etc. It also discusses capital investments, optimal capital structure, the financing process, and other key finance concepts.
  • Excel & presentation skills – The course imparts excel and presentation skills required by financial analysts for day-to-day financial analysis.
  • Building & analyzing financial statements – It teaches analyzing and building logically designed financial statements and well-structured models.
  • Budgeting and forecasting – The course focuses on in-depth budgeting and forecasting and tracking performance using variance analysis and other methods. It explains different valuation methodologies and optimal strategic alternatives.
  • Learn from industry experts – CFI has world-renowned instructors who have decades of experience in the finance field. Some of them are Tim Vipond, Scott Powell, and Darren Tong.

Course Details

  • Price: Self-study- $497/year & Full-Immersion- $847/year (Get Access to All 4 Courses )
  • Certificate: Yes
  • Duration: 120-200 hours (Self-paced)
  • Curriculum: Beginner to Advanced
  • Format: 100% online, video-on-demand

Pros: 

  • Learn practical on-desk skills
  • Self-paced and flexible learning with online exams
  • High credibility of the certificate globally
  • Beginner Friendly

Cons:

  • Not much rigourous training

Let’s move to the second best financial analyst course online

2. Online Professional Certificate In Corporate Finance (New York Institute Of Finance)

New York Institute of Finance (NYIF) is an excellent platform to train for financial services. With over 90 years of experience, NYIF has trained countless finance employees across the globe. Leading companies like SEC, Morgan Stanley, Bank of America, etc., train their employees at NYIF.

Its corporate finance certificate is recognized globally and adds weightage to your CV. The course teaches you the fundamentals of financial analysis, including mergers and acquisitions. NYIF offers virtual, online, and in-classroom courses. 

You can read NYIF Review in detail in this article.

Course Content:

  1. Financial accounting
  2. Management accounting
  3. Corporate credit analysis
  4. Corporate finance
  5. Business valuation
  6. Project valuation
  7. Mergers and acquisition
  8. Corporate treasury management: Funding and investments

Course Features: 

  • Learn financial decision-making process The course focuses on elements of corporate investment projects, the flow of corporate funds, and helps you relate the Efficient Market Hypothesis to financial decision-making in the corporate world.
  • Real-world knowledge The course teaches you practical skills required for a financial analyst job. It helps you understand the impact of the Sarbanes-Oxley Act on financial decision-making, etc.
  • Adds value to the CV NYIF is present in more than 125 countries. NYIF certificates are recognized globally and will add value to your CV.
  • Self-paced course – The course is self-paced, and you can learn at your convenience.

Course Details:

  • Price: $1545
  • Certificate: Yes
  • Duration: 60 hours
  • Curriculum: Beginner
  • Format: 100% online, video-on-demand

Pros:

  • High brand value & well-recognized globally
  • Teaches skills highly relevant to the job
  • Industry experts

Cons:

  • Little Expensive

3. Financial Analysis For Decision Making (edX)

Partnering with globally best schools and educational institutions edX is an online learning platform. It delivers knowledge and experience to learners.

Financial Analysis for Decision Making is from Babson college, one of the top academic institutions. This course is a free-to-audit course. It means you can access all the course material like videos, quizzes, and assignments free of cost. But, to get a certificate of completion, you will have to pay a fee.

This course will teach you to analyze business opportunities for financial viability. It also focuses on securing funding, making financial decisions for the business, etc. This is one of the best financial modeling courses. 

Course Content:

Week 1: How are Businesses Funded?

  • Introduction
  • Equity
  • Debt
  • Hybrids

Week 2: Forecasting Cash Flows for Ideas and Projects, Incomplete section

  • Introduction
  • New Product or Service
  • Cost Reduction Idea

Week 3: Evaluating Projects and Ideas, Incomplete section

  • Introduction
  • Breakeven and Payback
  • Net Present Value
  • Internal Rate of Return

Week 4: Valuing Stocks, Bonds, and Companies, Incomplete section

  • Introduction
  • Valuing Bonds
  • Valuing Stocks
  • Valuing Companies 

Course Features: 

  • Learn analysis of financial opportunities The course focuses on analyzing business opportunities for financial viability through the valuation of stocks, bonds, and companies. It also teaches evaluation of new ideas for new products or services and determination of cost and benefits.
  • Equips you with tools It aims at equipping you with the practical tools and techniques required to fund a growing business.
  • Learn from the best – EdX has partnered with global academic institutions with world-renowned instructors.
  • Excellent course material The course material includes videos, quizzes, assignments, exercises, and real-world case studies.

Course Details:

  • Price: Free to audit
  • Certificate: Yes, with a fee
  • Duration: 4-6 weeks (Self-paced)
  • Curriculum: Beginner
  • Format: 100% online, video-on-demand 

Pros:

  • Course materials are accessible for free, including videos, exercises, and quizzes.
  • World-renowned instructors
  • Flexible timeline
  • Graded assignments

Cons:

  • This course is for beginners.

4. The Complete Financial Analyst Course 2021 (Udemy)

With over 200,000 students enrolled, this course is the best course on Udemy. It is the most comprehensive and practical course to learn financial analysis. The course focuses not only on teaching financial analysis but also on tools required for analyzing financial statements like Microsoft Excel and PowerPoint.

The course teaches everything from basic to advanced concepts and requires no prior knowledge to enroll. It is the best course, as it has a combination of interactive quizzes, practical exercises, extensive course notes, and downloadable reference material. This is one of the financial analyst courses online you should consider.

Course Content:

  • Microsoft Excel- Basic to Advanced functions
  • Modeling in Excel
  • Accounting basics 
  • Advanced accounting
  • Financial statement analysis
  • Working capital management
  • Fundamentals of business & financial analysis
  • Business analysis in excel
  • Finance 101
  • Capital Budgeting
  • Tesla practical case study
  • Powerpoint basics

Course Features:

  • Learn a multitude of topics – The course covers all the required topics for financial analysis like business analysis, valuation, budgeting, and a lot more.
  • Excel and presentation skills It gets you acquainted with Microsoft Excel and Microsoft PowerPoint required for financial analysis.
  • Suits all levels The course teaches fundamental concepts and progresses to advanced topics.
  • Learn from case studies – The course consists of extensive case studies to learn from real-world examples.You can go through how to become financial analyst article

Course Details:

  • Price: $100 
  • Certificate: Yes 
  • Duration: 18-20 hours
  • Curriculum: Beginner to Advanced
  • Format: 100% online, video-on-demand

Pros:

  • Covers all the topics and tools required for financial analysis
  • Builds practical skills 
  • It consists of 491 downloadable resources
  • Lifetime access

Cons:

  • Higher focus on excel and accounting than on finance

Now let’s move to the last best financial analyst course online.

5. Finance & Quantitative Modeling For Analyst Specialization (Coursera)

Offered by the University of Pennsylvania, this specialization consists of four courses that give you a complete understanding of financial modeling and analysis. It helps you understand both financial and non-financial metrics required to analyze financial performance.

Coursera provides an excellent platform to learn the courses at your own pace and opt-out by choice. The course teaches you to leverage spreadsheets and understand quantitative modeling. It is a multifold specialization that dives you deeper into the world of data and financial modeling.

Course Content:

Course 1- Fundamentals of Quantitative Modeling

  • Introduction to models
  • Linear models and optimization
  • Probabilistic models
  • Regression models

Course 2- Introduction to Spreadsheets and Models

  • Introduction to spreadsheets
  • From spreadsheets to models
  • Addressing uncertainty and probability in models
  • Simulation and optimization

Course 3- Financial Acumen for Non-Financial Managers

  • Introduction, balance sheet, and income statement
  • Cash flow statement
  • Financial statement analysis
  • Linking non-financial metrics to financial performance

Course 4- Introduction to Corporate Finance

  • Time value of money
  • Interest rates
  • Discounted cash flow analysis
  • Return on investment

Course Features:

  • Dives deep into business and financial modeling – The course dives deep to teach both financial and non-financial metrics affecting the financial performance of a company.
  • Imparts practical and technical knowledge – It equips you with spreadsheets, modeling techniques, and common investment analysis applications used by financial analysts with hands-on practice.
  • Explains real-world situations – The course explanation is full of real-world situations covering finance fundamentals, corporate decision-making, and financial intermediation.

Course Details:

  • Price: $ 90
  • Certificate: Yes
  • Duration: 1 month, 8 hours/week
  • Curriculum: Beginner to Advanced
  • Format: 100% online, video-on-demand

Pros:

  • No prior knowledge or experience required
  • Flexible schedule and self-paced lessons
  • Hands-on project for applied learning
  • Graded assignments and quizzes with peer feedback

Cons:

  • Can get boring 
  • Lack of practical examples

Final Words:

Learning financial analysis is not as difficult as you believe. With the training from the right source, you can become a certified financial analyst. 

These are the 5 best financial analyst & modeling courses online, which will set you in the right direction to become a certified financial analyst & modeling. We hope you found the course that is the best fit for you. 

Financial Analyst & Modelling Courses FAQs:

Is it mandatory to have a certificate to become a financial analyst?

No, the certificate is not mandatory. However, certification increases your credibility and equips you with the practical tools and techniques required for the job.

How much does a certified financial analyst make?

As a financial analyst, you will earn $48000 to $86000 as a fresher. You scale higher with experience.

Will the certification help me in my career if I am already in the banking sector?

Yes, if you are already in the banking and finance sector, certification will help you scale higher, get better roles, and increase your pay.

Does online certification hold value?

Yes, online certifications hold value and credibility. They are great value additions to your CV. 

Are there more financial analysis & modeling courses online?

Yes, there are more but this are the most credible best financial analysis courses

Hope you liked this 5 best financial analyst course online article helpful

Also, Wall Street Oasis is a great platform. You can go through the wall street oasis review further.

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