Financial Modelling Course With Liam Bastick: Mastering the Art of Financial Analysis
Introduction
In today’s dynamic business environment, financial modelling has become an indispensable skill for finance professionals. Whether you’re an analyst, accountant, or business owner, the ability to create robust financial models is crucial for making informed decisions. Liam Bastick’s Financial Modelling Course is designed to equip you with the expertise needed to excel in this field. This comprehensive guide will walk you through the key components of the course, helping you understand how it can transform your financial analysis capabilities.
Who is Liam Bastick?
Liam Bastick is a renowned financial modelling expert with decades of experience in finance and business analysis. As a Chartered Accountant and a Fellow of the Institute of Chartered Accountants in Australia, Liam has a wealth of knowledge in financial modelling, Excel, and business analytics. His practical approach to teaching and extensive experience make him a trusted authority in the field.
What is the Financial Modelling Course?
The Financial Modelling Course by Liam Bastick is a structured program that covers the essentials of building, analyzing, and interpreting financial models. It is designed for professionals at all levels, from beginners to advanced users, providing a thorough understanding of financial modelling principles and best practices.
Key Components of the Financial Modelling Course
1. Introduction to Financial Modelling
Fundamentals of Financial Modelling
- Definition and Purpose: Understanding what financial modelling is and why it’s important.
- Types of Financial Models: Overview of different types of financial models, such as forecasting, valuation, and sensitivity analysis.
Basic Excel Skills
- Excel Interface: Familiarizing yourself with the Excel interface and essential functions.
- Formulas and Functions: Key Excel formulas and functions used in financial modelling.
2. Building a Financial Model
Model Structure
- Model Design: Best practices for designing a financial model, including layout and organization.
- Input, Calculation, and Output Sections: Structuring your model into clear sections for inputs, calculations, and outputs.
Data Collection and Input
- Data Sources: Identifying reliable data sources for your financial model.
- Input Assumptions: How to input assumptions and ensure they are realistic and well-documented.
3. Advanced Modelling Techniques
Financial Statements Modelling
- Income Statement: Building a detailed income statement model.
- Balance Sheet and Cash Flow Statement: Integrating balance sheet and cash flow statement into your model.
Scenario and Sensitivity Analysis
- Scenario Analysis: Creating and analyzing different business scenarios.
- Sensitivity Analysis: Understanding how changes in assumptions impact your model’s outputs.
4. Valuation Techniques
Discounted Cash Flow (DCF)
- DCF Basics: Understanding the principles of DCF valuation.
- Calculating Free Cash Flows: How to calculate free cash flows for valuation purposes.
Comparable Company Analysis
- Selecting Comparables: Choosing appropriate comparable companies for analysis.
- Valuation Multiples: Using valuation multiples to assess company value.
5. Model Audit and Error Checking
Error Checking Techniques
- Common Errors: Identifying and fixing common errors in financial models.
- Audit Tools: Using Excel tools and techniques for auditing your model.
Model Documentation
- Best Practices: Documenting your financial model to ensure clarity and ease of use.
- User Guide Creation: How to create a user guide for your financial model.
6. Real-World Applications
Case Studies
- Practical Examples: Real-world case studies to apply your financial modelling skills.
- Industry-Specific Models: Building models for different industries such as retail, manufacturing, and services.
Advanced Topics
- Mergers and Acquisitions (M&A): Modelling for M&A scenarios.
- Project Finance: Creating models for project finance and infrastructure projects.
Testimonials
James P.: “Liam Bastick’s Financial Modelling Course has been a game-changer for my career. The practical insights and advanced techniques have significantly improved my modelling skills.”
Rachel S.: “This course provided me with a solid foundation in financial modelling. Liam’s teaching style is clear and engaging, making complex topics easy to understand.”
Michael T.: “The real-world applications and case studies were incredibly valuable. I feel much more confident in my ability to build and analyze financial models.”
Conclusion
The Financial Modelling Course with Liam Bastick is an invaluable resource for anyone looking to master financial analysis and modelling. From foundational concepts to advanced techniques, this course covers all aspects necessary to build robust financial models. Whether you’re aiming to enhance your career prospects or improve your business decision-making, Liam Bastick’s expertise and comprehensive course content will help you achieve your goals.