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Financial Modelling in Excel: DCF, LBO & M&A (Open Source)

Financial Modelling Using Excel equips finance professionals, analysts, and corporate development specialists with advanced Excel-based modeling skills to solve complex financial forecasting and valuation challenges. With 75% of financial analysts reporting increased productivity after mastering these skills, this course bridges the gap between theoretical finance and practical application, focusing on real-world modeling for DCF, LBO, and M&A scenarios. It is designed for those who need to build accurate, auditable models efficiently in fast-paced environments.

Preparation for the FMVA® certification ensures global recognition, while Koenig’s Guaranteed-to-Run dates and 30-day lab access enable flexible, hands-on mastery. Graduates gain the confidence to deliver data-driven financial insights and advance into senior analyst or valuation roles.

80 Hours (10 Days)
Live Online / Classroom
1+ professionals trained

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1-on-1 USD 3,950
Dedicated instructor, your schedule Fastest
Public Batch USD 3,100
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Self-Paced On Request
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Course Overview

The Financial Modelling Using Excel course by Open Source is designed for finance professionals, analysts, and aspiring financial modelers seeking to master the creation of dynamic financial models for forecasting, budgeting, and valuation. While not tied to a specific certification exam, this course equips learners with practical skills directly applicable to roles such as Financial Analyst, FP&A Manager, and Investment Banking Associate. With over 85% of financial modeling jobs requiring advanced Excel proficiency, mastering these tools is critical for career advancement in finance. The curriculum is structured to serve both beginners and intermediate learners aiming to build industry-recognized modeling capabilities.

Students engage with core Excel functionalities and advanced tools including Power Query, Power Pivot, Solver, VLOOKUP, PivotTables, and dynamic dashboards within the Microsoft Excel environment. The hands-on lab component emphasizes real-world application, where learners build a comprehensive three-statement financial model from scratch, integrate data using Power Query, and perform scenario and sensitivity analysis. A key project involves constructing a two-asset portfolio optimization model using Solver to identify the efficient frontier and minimum variance portfolio, simulating actual financial planning tasks performed in corporate and investment finance roles.

This course prepares candidates for practical excellence in financial modeling, a skill set highly valued across investment banks, private equity firms, and corporate finance departments. Graduates gain confidence in building scalable, transparent models that support strategic decision-making, directly enhancing employability. According to industry data, professionals with financial modeling expertise earn between $70,000 and $150,000 annually, depending on role and sector. Koenig Solutions enhances learning with its Guaranteed-to-Run delivery model and access to official courseware, ensuring consistent, high-quality training. Upon completion, learners are positioned to advance into senior financial planning, valuation, or investment analysis roles with proven, hands-on modeling competence.

What You'll Learn

Build comprehensive financial models using Dynamic Array functions and Power Query to enhance decision-making accuracy in Financial Modelling Using Excel
Implement discounted cash flow (DCF) valuation in Excel to accurately assess investment opportunities and company value
Design scenario analysis models using Excel data tables and sensitivity analysis to evaluate potential outcomes and support strategic planning
Construct Monte Carlo simulations using the Excel Data Analysis Toolpak to analyze risk and uncertainty in financial forecasts
Forecast financial statements using advanced Excel modeling techniques to improve budgeting and financial planning
Integrate Excel with VBA and Python libraries like NumPy and Pandas for advanced modeling, enabling automation and complex data analysis

Prerequisites

Recommended knowledge before taking this course
  • [
  • "Proficiency in Microsoft Excel 2019 or 365, including advanced formula creation and cell referencing, is required for 'Financial Modelling Using Excel' by Open Source.",
  • "A solid understanding of financial statements and accounting principles, specifically aligned with IFRS or GAAP standards, is essential for building reliable models.",
  • "Prior experience in constructing and interpreting core financial statements, such as income statements, balance sheets, and cash flow statements, is necessary.",
  • "Familiarity with advanced Excel functions including NPV, IRR, XNPV, and XIRR is required for performing detailed financial analysis within the course.",
  • "The ability to create and manage data tables, pivot tables, and charts in Excel is required to support dynamic financial modeling and reporting.",
  • "Working knowledge of forecasting techniques and variance analysis in financial contexts is required to effectively apply the methodologies taught in 'Financial Modelling Using Excel' by Open Source."
  • ]
  • Course Benefits: Mastering 'Financial Modelling Using Excel' by Open Source equips you with the skills to build precise financial models, saving hours in analysis and boosting your decision-making confidence. With over 10,000 students trained since 2010, our course offers expert instruction that transforms your Excel skills into financial expertise. Gain the ability to forecast accurately, analyze variances, and present data professionally. This course is ideal for finance professionals, analysts, and managers seeking to elevate their financial modeling skills quickly. Enroll now to unlock your potential and make smarter financial decisions that impact your career.
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Certification Exam

Everything you need to know about the Financial Modelling in Excel: DCF, LBO & M&A (Open Source) certification exam

Exam Details
Exam Name
Format
Multiple choice, labs & case studies
Questions
Duration
Passing Score
Validity
Retake Policy
Not applicable
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Financial Modelling in Excel: DCF, LBO & M&A (Open Source)

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What's Included in Your Training

Every enrollment comes packed with resources to maximise your learning and exam success

Career Outcomes

78%

of Financial Modelling in Excel: DCF, LBO & M&A (Open Source) certified professionals report career advancement within 6 months

Salary Impact

+18%

Average salary increase reported after obtaining the Financial Modelling in Excel: DCF, LBO & M&A (Open Source) certification

Typical Salary Range (Global)
Entry$90,000–$115,000
Mid$115,000–$145,000
Senior$145,000–$180,000

*Source: Glassdoor / LinkedIn 2025

Job Roles

6
  • Financial Analyst
  • Financial Modeler
  • Investment Analyst
  • Corporate Finance Analyst
  • Equity Research Analyst
  • Budget Analyst

Companies Hiring

5,000+
Goldman Sachs JPMorgan Chase Deloitte PwC KPMG EY Bank of America Morgan Stanley Citigroup McKinsey & Company

and 5,000+ organizations worldwide seeking Financial Modelling in Excel: DCF, LBO & M&A (Open Source) certified professionals

Real Transformations

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Real results from IT professionals who trained with Koenig — rated 4.9/5 from 18,400+ verified reviews.

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  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

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    Engineering Manager

    AZ-400 Team Training ✓ Verified
  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

    Priya S.

    Cloud Solutions Architect

    AZ-305 Expert ✓ Verified
  • ★★★★★

    “As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”

    James T.

    James T.

    Head of L&D, UK Enterprise

    100+ Learners Trained ✓ Verified
  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

    Priya S.

    Cloud Solutions Architect

    AZ-305 Expert ✓ Verified
  • ★★★★★

    “As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”

    James T.

    James T.

    Head of L&D, UK Enterprise

    100+ Learners Trained ✓ Verified
  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
  • ★★★★★

    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

    David L.

    AI Engineer

    AI-102 Certified ✓ Verified
  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified
  • ★★★★★

    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

    David L.

    AI Engineer

    AI-102 Certified ✓ Verified
  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified

Frequently Asked Questions

Everything you need to know about the Financial Modelling in Excel: DCF, LBO & M&A (Open Source) training course

Is the Financial Modelling Using Excel certification exam included in the course fee, and what is the cost?
The Financial Modelling Using Excel certification exam is not included in the base fee; it costs GBP £495 plus VAT. This Open Source exam package includes six months of learning materials and unlimited support. Contact our program administrators for secure payment details.
What training formats does Koenig offer for Financial Modelling Using Excel, and is there a Guaranteed-to-Run schedule?
Koenig provides live online and classroom training for Financial Modelling Using Excel. Our Guaranteed-to-Run schedule ensures your class proceeds as planned, regardless of enrollment size. This provides the reliability and scheduling flexibility needed for your professional development.
How long is lab access provided, and what type of environment is used for Financial Modelling Using Excel training?
You receive six months of lab access to a cloud-based Excel environment for Financial Modelling Using Excel. This platform enables real-time formula validation, scenario analysis, and dynamic dashboard creation, ensuring you gain practical, hands-on expertise with live data integration.
What is Koenig's rescheduling and cancellation policy for the Financial Modelling Using Excel course?
Koenig permits one free reschedule for Financial Modelling Using Excel; subsequent changes incur a 10% fee. Cancellations over 14 days prior receive an 80% refund. Cancellations within 14 days are non-refundable, balancing student commitment with necessary administrative stability.
What is the format and difficulty level of the Financial Modelling Using Excel certification exam?
The Financial Modelling Using Excel certification exam features embedded assessments requiring a 60% pass mark. These tests evaluate your modeling skills through scenario-based tasks and formula validation. You receive unlimited retake attempts to ensure you master every practical competency.
How long is the Financial Modelling Using Excel certification valid, and what is the renewal process?
The Financial Modelling Using Excel certification is a lifetime credential that never expires. No renewal is required. Successful completion of all assessments grants you permanent recognition of your advanced data analysis and financial modeling proficiency in Excel.
What post-training support does Koenig provide after completing Financial Modelling Using Excel?
Graduates of Financial Modelling Using Excel receive six months of access to materials, unlimited support, and expert mentorship. You may also retake live sessions at no extra cost, ensuring your skills remain sharp for complex, real-world financial analysis tasks.
What are the prerequisites or prior experience needed for the Financial Modelling Using Excel course?
No prior experience is required for Financial Modelling Using Excel, as the course is beginner-friendly. While basic Excel knowledge helps, we teach everything from formula logic to building dynamic financial statements from scratch, ensuring a comprehensive learning journey.
What career opportunities and salary improvements can result from completing Financial Modelling Using Excel?
Completing Financial Modelling Using Excel qualifies you for roles like Financial Analyst or Investment Banking Analyst, with salaries from USD 65,000 to 95,000. This certification boosts your employability, often leading to a 15-20% salary premium in finance.
How does Koenig's Financial Modelling Using Excel training compare to self-study options?
Koenig's Financial Modelling Using Excel training provides structured, live instructor support and hands-on labs that self-study lacks. Our Guaranteed-to-Run classes and mentorship ensure higher completion rates and true mastery compared to unstructured online tutorials or free resources.
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