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Courses/Information Technology/Information Technology Basics

Financial Forecasting and Modeling

Learn how to create your first financial model using Microsoft Excel!

Created bySimon Sez ITworkspace_premium
4.4
(20 reviews)
BeginnerUpdated Jan 21, 2025
Financial Forecasting and Modeling

What You'll Learn

check_circleLearn the basics of financial modeling and forecasting using Excel
check_circleLearn the purpose of financial forecasting
check_circleHow to build a sound financial model
check_circleThe role of forecasting in strategic planning
check_circleHow to go through the three financial statements (balance sheet, income statement, and cash flow statement)
check_circleHow to define your forecasting objectives
check_circleIdentifying key variables and drivers
check_circleAnalyzing financial forecasts using ratio analysis
check_circleFuture trends in forecasting.

About This Course

You may be wondering who uses financial forecasting, how the forecasts are used, or if such forecasts are even reliable. All these questions will be answered in this course, Financial Forecasting in Excel. Financial modeling and forecasting can improve your business decision-making by helping you determine how best to allocate business resources to address expected expenditures in the coming months and years.

The best tool to create a financial model is a widely familiar application such as Microsoft Excel. In this course, we will use a fictional company as an example to build our financial model and forecast. Having a basic understanding of Excel and a general familiarity with accounting principles is helpful. The course includes instructor files and exercise files so you can follow along and practice what you've learned.

Your Instructors

Simon Sez IT
Simon Sez IT

Since 2008, we've taught 2 million learners in over 190 countries, with 200+ courses

menu_book147 courses
star8,850 reviews

Since its formation in 2008, Simon Sez IT has been educating learners with one goal in mind: to make business and technical software simple to learn. The company extensive library of over 10,000 videos across more than 200 courses delivers comprehensive training for the most popular software applications used by professionals worldwide. Courses include training in everyday IT applications, from Microsoft suite of office productivity tools to more niche applications such as QuickBooks, Power BI and many more. Aimed at every level of proficiency, Simon Sez IT courses are designed to give learners the ability to quickly evolve from beginner to advanced, or to drop in at their relevant level and acquire new skills to continue in their development path. Simon Sez IT subject matter experts bring knowledge and practical insights to video-based courses and practice exercises – all designed to help learners immediately apply new knowledge and master learning goals. More than two million learners have relied on Simon Sez IT for its quality and engaging coursework. Student feedback is consistently ranked among the best in the industry, with particular emphasis on the quality, detail and delivery of the course materials. Many indicate that upon completion of a course, they are more confident and proficient in their area of study, and their skills have helped them progress in their careers.

Umar Manzar
Umar Manzar

Financial forecasting instructor

Seasoned finance executive with over 12 years of international experience and a proven ability to eliminate operational issues, drive profitability and face challenges head-on. Operates well in a highly competitive environment in which leadership skills, collaboration and working under pressure are a key to success. Areas of expertise include stakeholder management, financial planning & analysis (FP&A), strategic planning and corporate finance.

Credit Information

Do these courses count toward my professional development requirements?

This portal is provided as a training and development resource for City of Markham employees. Every course is delivered by a qualified subject matter expert or learning organization, is quantifiable in hours, and is verifiable — you receive a documented certificate of completion for every course you finish, stored on LearnFormula indefinitely.

If you hold a professional designation (for example in engineering, accounting, human resources, or law), courses may be counted as professionally relevant, verifiable learning activities toward your continuing professional development. Individual practitioners are responsible for confirming that an activity meets the requirements of their professional body. For questions about the City of Markham's training and development policies, please speak with your people leader or Human Resources.

What Students Are Saying

4.4
Student's Choice
20 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.