How financial modeling can help MBA freshers

When you finally get your hand on an MBA finance degree after two years of hard work and determination, it is a matter of celebration. You are one step closer to landing your dream job, the corner office and a successful rise up the corporate ladder.

However, when you go for your first job interview and end up in a waiting room filled with other MBA-empowered candidates, you realise it’s not going to be as easy as you’d thought. The competition is tough. The pressure is intense. Recruiters are looking for prospective employees who have an extra set of skills and abilities, making them an asset to the company.

As an MBA graduate, you already possess a deep understanding about financial management. However, you need the right tools to help you apply that knowledge.

The best course after MBA finance is financial modelling. It can be your ticket to working in various sectors such as equity research, corporate finance or investment banking. It teaches you how to organise and structure important data so that it helps you reach a viable decision. It cuts down on working time and helps you find quick solutions to complex challenges.

Most recruiters are well aware that MBA freshers lack the practical application needed to work in the finance industry. They expect to spend time training new hires. However, if you already know how to operate spreadsheet systems such as advanced MS Excel, it gives you a strong advantage. Your learning curve won’t be as high as your peers, and you have be of great value to your company from day one.

Also Read – Top 10 benefits of learning financial modeling

 The importance of financial modelling for MBA professionals

An MBA degree will open up many doors for you. However, once you get your foot through the threshold, you need to start working in the real world. Life in a business school is very different from life in a corporate organisation. Suddenly, you’ll be expected to know things you’ve never been taught. Like, how spreadsheet softwares work. And unlike colleges, there will be no professor to hold your hand as you learn the intricate functions of these systems.

Most managers are required to have quick decision making skills. To do this, you need a clear picture of the business operations and finances. A financial model can help you create a structure in which you can work out the various issues. It helps you simplify the data and figure out the variables. Almost every company in India uses digital spreadsheet systems today. A finance job in corporate India requires financial modelling knowledge.

If you take the course and learn the method, it gives you an edge over your peers, and gets you noticed by your supervisor.

So when can you start? It is best to take this unique finance course after MBA. The program is intensive, but not long as it only lasts between 3 to 6 months. After that, you are ready to join the workforce and make a significant impact

 Benefits of financial modelling for MBA professionals

How does learning this software help you in your career? Here are few ways:

• You can build a model that helps you to accurately make informed business decisions
• It is a practical tool that helps you arrive at a valid company valuation
• Create financial statements that are require to raise capital
• Models can highlight potential risks so you catch them in time and figure out alternatives
• You can use it to analyse the performance of the company

Also Read – 7 Sexiest entry-level jobs in Finance in 2022 and how to get one!

Details about the financial modelling course

The method of using digital spreadsheets to study, organise and analyse different financial parameters helps companies to operate better. There are different types of models that help managers achieve specific targets, such as:

• Calculating valuation of a company
• Creating estimations during mergers and acquisitions
• Making predictions for the business
• Building investment-related reports
• Helping with problem solving and troubleshooting

A financial modelling course can help you:

• Learn the basic accounting and financial management theories
• Create strategies and solve business challenges
• Analyse financial data
• Develop quantitative skills
• Work seamlessly with advanced MS Excel functions

Course syllabus:

1st module — Problem solving in MS Excel

2nd module — Financial statement analysis

3rd module — Corporate finance

4th module — Project finance

5th module — Equity modelling

Eager to learn Financial Modelling? Checkout Proschool’s Financial Modelling Course

 The IMS Proschool financial modelling course

As an institution that is nationally renowned for their professional coaching programs,

IMS Proschool always delivers on excellence and quality. It was one of the first educational centres to offer financial modelling as a three-month course. It is ideal for bright financial minds who have the ambition and drive to take the extra step in enhancing their careers.

The NSDC-approved Proschool is the choice first for many future finance specialists as they offer a unique approach to teaching and skill development. The school also has an incredible staff of experience professors who are renowned industry experts.

Here are some more reasons why the Proschool offers one of the best professional courses after MBA finance:

• The subjects are taught using active learning methodology so that students learn practical applications
• On completion, you will receive the NSDC and Proschool certificates.
• You are also eligible to give the online NSE exam and qualify for a certification
• The centre offers a classroom-based program in several cities across India
• Alternatively, you can apply for the online virtual class or distance learning
• You learn core financial concepts such as corporate finance and financial analysis
• You are ready to apply for entry-level jobs in various sectors such as investment banking, financial planning, equity research and many more

Job profiles for MBAs with financial modelling training

1. Investment banking

Professionals in the investment industry use financial modelling extensively to:

• Make various plans and predictions

• Help investors to find the right companies to ensure better ROI
• Valuate businesses
• Sort relevant financial data

2. Equity research analysis

Your job is to look for prospective investments by examining various companies. You’ll need models to:

• Record and analyse the research
• Examine the growth prospects and future profits of a company
• Create statements for valuation

3. Financial planning

You will work with investors to build their portfolio. Financial models will help you:

• Forecast potential investments
• Make fiscal reports for clients
• To keep a record of valuable information

4. Credit analysis

You are required to research and analyse companies who are looking to raise funds.

Financial modelling methods can help you:

• Evaluate a company’s worth
• Calculate potential loans
• Collect information regarding debts, historical data, etc.

5. Project finance

The job profile is to raise capital for large-scale industrial investments. Financial modelling is useful to:

• Prepare models for the finances
• Make revenue-related predictions
• Create reports for the investors

Conclusion

An MBA in finance is a highly coveted qualification that can help you land a lucrative career in the industry. If you’ve done the financial modelling course as well, it will boost your profile even further. This three-month course can be the catalyst that transforms your resume from ‘shortlisted’ to ‘hired’. It’s one of the best professional courses after MBA finance as it teaches you essential tools and techniques you need to get your job done.

Apply for the financial modelling course today. Click here for details.