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.
A particularly useful technique for evaluating a company’s financial performance is financial modeling. It entails developing a mathematical model that can assist in carrying out financial statement analysis and aid in company decision-making.
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.
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 syllabus is divided into three types of courses.
Also, read this graduate FMVA review
Let’s move to the second best financial analyst course online
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.
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.
Week 1: How are Businesses Funded?
Week 2: Forecasting Cash Flows for Ideas and Projects, Incomplete section
Week 3: Evaluating Projects and Ideas, Incomplete section
Week 4: Valuing Stocks, Bonds, and Companies, Incomplete section
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.
Now let’s move to the last best financial analyst course online.
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 1- Fundamentals of Quantitative Modeling
Course 2- Introduction to Spreadsheets and Models
Course 3- Financial Acumen for Non-Financial Managers
Course 4- Introduction to Corporate Finance
Ready to take your corporate finance skills to the next level?
Since the financial choices a company makes can impact its performance and valuation, corporate finance is a very important topic for executives, managers, and accountants.
In this finance course online, you’ll learn the basics of corporate finance and its impact on decision making and business growth.
It is, in fact, one of the best finance courses on LinkedIn Learning, taught by professors Jim and Kay Stice, that lay the foundation for how corporate finance works, as well as make the connections between business activity and finance.
Through these finance training tutorials, you’ll learn the role of risk in financial decision-making, the benefits of diversification, how short and long-term financing can impact cash flow and business operations, and the various ways businesses use equity or debt to finance corporate capital.
Finally, you also get to learn about the mysterious capital asset pricing model, CAPM.
What’s a better way to learn corporate governance in finance foundations than through this best selling finance course online?
In this LinkedIn Learning finance course, Jim and Kay Stice explore the foundations of corporate governance, including the key aspects and considerations when creating a corporate governance plan.
Once you take the course, you’ll get to learn the various roles in an organization and draw connections between those roles and the financial overview needed to maintain your business financial integrity.
To make it more interesting, the instructors share actual stories about companies that failed in integrity, and how, as a financial manager, you can learn from those stories to avoid future financial failings.
In fact, these stories also illustrate the creation of some regulatory laws, such as the Sarbanes-Oxley Act.
Finally, you’ll finish off by covering corporate responsibility to stakeholders, where you’ll look at responsibilities to customers, suppliers and local communities.
This is one of the best finance courses on Udemy as it starts off by introducing you to the four main areas of investment banking, capital markets, advisory, trading and brokerage, and asset management.
Once you take this finance training, you’ll learn the subtleties of initial public offerings, seasoned equity offerings, private placements, bond issuances, loan syndications, securitizations, mergers & acquisitions, restructurings, trading instruments, asset management vehicles, among others.
In addition to that, there are also lessons on different valuation techniques like the ones used by Goldman Sachs, Morgan Stanley and J.P. Morgan.
So you’ll be able to carry out a Discounted Cash Flow valuation, a multiples valuation, and an LBO valuation. This will enable you to accurately estimate a company’s cost of capital and future cash flows.
After completing this course, you’ll have valuable technical skills, which make you the leading candidate for senior roles in industrial companies and Private Equity firms.
This is another great course that will teach you personal finance online.
It is actually taught by Chris Haroun, an award winning business professor, Columbia University MBA Graduate, and former Goldman Sachs employee.
Basically, you’ll learn everything you need to know to save more money, protect more money, and finally make more money.
He embraces a hands-on approach to learning where he’ll provide you with a very comprehensive Excel spreadsheet that contains more than 25 exercises to help you save, protect and make more money.
By the time you complete this best finance course on Udemy, you’ll know how to analyze and significantly decrease your personal expenses so as to significantly increase your net worth.
There are also classes on understanding and improving your credit score, creating a perfect budget, the best way to file taxes, and how to create your own diversified investment portfolio consisting of stocks, bonds, commodities and real estate investment trusts.
Would you like to advance your corporate finance skills to become a financial analyst?
First of all, the role of a financial analyst is quite dynamic, complex, and driven by a variety of skills.
By learning finance using this finance course on Cousera, you’ll acquire a wide range of skills, ranging from a basic understanding of financial statement data and non-financial metrics that can be linked to financial performance, as well as deep diving into business and financial modeling.
You’ll also pick up skills on how to utilize spreadsheet models, modeling techniques, and common investment analysis applications to help you make informed financial decisions and investments.
Finally, this finance course online also introduces you to the world of corporate finance, where you’ll gain a better understanding of finance fundamentals, including a variety of real-world situations spanning personal finance, corporate decision-making and financial intermediation.
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.
No, the certificate is not mandatory. However, certification increases your credibility and equips you with the practical tools and techniques required for the job.
As a financial analyst, you will earn $48000 to $86000 as a fresher. You scale higher with experience.
Yes, if you are already in the banking and finance sector, certification will help you scale higher, get better roles, and increase your pay.
Yes, online certifications hold value and credibility. They are great value additions to your CV.
Yes, there are more but this are the most credible best financial analysis courses
Also, Wall Street Oasis is a great platform. You can go through the Wall Street Oasis Review further.