Accounting and Finance

Foundations of Financial Modeling

The Foundations of Financial Modeling training course is designed to enhance participants’ analytical skills by combining essential financial knowledge with practical modeling methods. In today’s fast-changing business environment, professionals need the ability to analyze financial data accurately and build models that support sound planning and decision-making. This course provides a practical and structured introduction to financial modeling, helping participants understand how effective models are designed, organized, and applied. Using realistic case studies, including examples from the oil and gas industry, participants will learn how to create and interpret models that improve budgeting, cost control, profitability measurement, and risk evaluation. The program also covers forecasting techniques, sensitivity testing, and scenario analysis to help participants respond confidently to changing market conditions such as price volatility and operational uncertainty. By the end of the course, participants will be able to develop financial models that support stronger business performance and better strategic decisions.

AF-009Paris - FranceAccounting and Finance
Course schedules
Upcoming dates Classroom
Start date End date Location Fee Registration
Paris - France
€2,200 + VAT
→
Istanbul - Türkiye
€2,100 + VAT
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Amsterdam - Netherlands
€2,125 + VAT
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London - United Kingdom
€1,925 + VAT
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Barcelona - Spain
€2,125 + VAT
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Kuala Lumpur - Malaysia
€1,425 + VAT
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Istanbul - Türkiye
€1,925 + VAT
→
Istanbul - Türkiye
€1,425 + VAT
→
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Why Attend
The Foundations of Financial Modeling training course is designed to enhance participants’ analytical skills by combining essential financial knowledge with practical modeling methods. In today’s fast-changing business environment, professionals need the ability to analyze financial data accurately and build models that support sound planning and decision-making. This course provides a practical and structured introduction to financial modeling, helping participants understand how effective models are designed, organized, and applied.

Using realistic case studies, including examples from the oil and gas industry, participants will learn how to create and interpret models that improve budgeting, cost control, profitability measurement, and risk evaluation. The program also covers forecasting techniques, sensitivity testing, and scenario analysis to help participants respond confidently to changing market conditions such as price volatility and operational uncertainty. By the end of the course, participants will be able to develop financial models that support stronger business performance and better strategic decisions.

Course Objectives
  • Understand core finance and accounting concepts
  • Build structured financial models using Excel
  • Forecast financial statements and budgets
  • Evaluate financing and investment decisions
  • Apply sensitivity and scenario analysis
  • Model risks and uncertainty effectively
  • Analyze project performance using financial tools
  • Improve decision-making through practical modeling techniques
Designed for

This program is intended for professionals involved in Accounting and Finance.

  • Finance Professionals
  • Accountants
  • Financial Analysts
  • Budget Analysts
  • Project Finance Staff
  • Oil & Gas Professionals involved in finance
  • Anyone seeking practical financial modeling skills
Course Methodology

This course uses an interactive and practical approach through presentations, Excel-based workshops, financial exercises, case studies, group discussions, modeling practice, and real workplace examples.

Course content
Day1

Foundations of Finance

  • Financial and management accounting
  • Developing financial statements: income statement, balance sheet, and cashflow statements
  • Financial performance using ratio analysis
  • Management accounting and developing budgets
  • Financial terminology explained
  • Linking finance concepts to business decisions
Day2

Foundation of Modelling

  • Basic Excel functions
  • Steps to develop a financial model
  • Flow charting techniques to improve modelling
  • Input tables
  • Pivot tables
  • Foundation analysis tools in Excel
Day3

Financial Modelling

  • Forecasting the income statement, balance sheet, and cashflow statements
  • Budgeting models
  • Purchase decisions
  • Modelling finance decisions: equity or debt and cost of capital
  • Capital investment decisions: payback, ARR, NPV and IRR using Excel
  • Graphs and charts to support financial models
Day4

Modelling Risk Management Scenarios

  • Identifying the major risks in the Oil & Gas sector
  • Modelling risk and uncertainty
  • Sensitivity analysis
  • Scenario analysis
  • Break-even analysis
  • Modelling and managing changes in interest rates and exchange rates
Day5

Modelling the Financial Performance of Oil & Gas Projects

  • Variance analysis
  • Critical path analysis: financial and manpower implications
  • GANTT charts
  • Earned value analysis
  • Managing variances
  • Simulating changes in the project
The certificate

SPARK Training Certificate of Completion is awarded to participants who attend and complete the full training course.

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