Financial Modelling Course Details - Fees, Subjects, Syllabus, Duration, Eligibility, Career Scope
What is Financial Modelling
A financial modelling course is a method of compiling a summary of a firm's expenditure and revenues in order to assess the effects of a future event or choice made by the company or an individual. Financial modelling courses are covered in finance courses. A financial modelling course designed to provide knowledge on mathematical representations of financial data to make informed business decisions. Various tools are used to analyse historical financial data, predict future financial performance, and assess the impact of different financial strategies.
A financial model course is a database system for forecasting a company's future financial performance. Candidates who pursue financial modelling courses have a chance of finding employment in companies from various fields. Aspirants of financial modelling courses can seek employment in booming financial industries such as financial services, health coverage, and startup financial markets. In this article, we will discuss financial modelling course details, such as financial modelling course fees, financial modelling course syllabus, and financial modelling salary in India.
Financial Modelling - Highlights
Branch Name | Financial Modelling |
Degree | |
Duration | UG: 3 years PG: 2 years Certificate: 2 days to 6 months Diploma: 1 to 2 years |
Eligibility | UG: 10+2 PG: Bachelor’s degree Certificate: 10+2 Diploma: 10+2 |
Admission Process | Direct Admission or Entrance Examination |
Top Entrance Exams: | |
Course Fees | Rs. 10,000 to 10 Lakhs |
Top Colleges | IIT Kharagpur, IIM Kozhikode, XLRI Jamshedpur |
Career Options | Financial Analyst, Risk Management Analyst, Equity Research Analyst, Investment Banker |
Average Salary | Rs. 5 LPA |
Recruiting Companies | Ernst & Young, Morgan Stanley, JP Morgan Chase, Genpact, CRISIL, Accenture, IDBI Life Insurance |
Specialisation or Similar Ones
There are a variety of financial modelling courses and specialisations available. After completing the financial modelling course, those with similar specialities may have similar job opportunities. Specialisations in banking, finance, accounting, and economics are available to students. The following are some of the specialisations of the financial modelling course:
M.Com in Finance | |
B.Com (Hons.) in Accountancy | MBA Banking and Finance |
M.Com in Accountancy | MBA in Accounting |
Eligibility Criteria (UG & PG) of Financial Modelling
In this section, we have discussed the eligibility criteria for the Financial Modeling course. Financial Modelling has eligibility standards that are nearly similar to those of many other specialities. You can get into some of the most prestigious universities and colleges if you fulfil the criteria. Undergraduate and graduate programme eligibility requirements are listed below.
Eligibility Criteria UG Courses
Candidates who desire to pursue Financial Modelling immediately after completing their 10+2 have a variety of options. There are a number of higher education institutions to select from. Below are a few crucial elements of the admission procedure.
The student must have completed their 10+2 from a recognised Indian board with Accounting, Finance, and Mathematics as the major subjects.
Candidates must achieve a minimum of 40 per cent in their 10+2 examination.
Each institution has its own cutoff percentage; applicants must score at least 50 per cent on their 10+2 examination in order to get enrolled to their desired universities.
Top Entrance Exams for UG Courses
NPAT: NPAT is administered by SVKM's NMIMS for admission to BBA, B.Tech, B.Sc., BCom, BDes, MBA (Technology), B.A. (Hons) Liberal Arts, and other integrated programmes. NMIMS has campuses in Mumbai, Shirpur, Bengaluru, Hyderabad, Navi Mumbai, Indore, and Dhule that offer undergraduate admissions depending on NPAT results.
BHU UET: BHU UET stands for Banaras Hindu University's Undergraduate Entrance Test, which is held for admission to the university's and affiliated colleges' numerous undergraduate programmes.
Eligibility Criteria PG Courses
Individuals interested in pursuing a Financial Modeling career can apply to a variety of colleges and universities. Some key considerations for PG eligibility are listed below.
- To pursue a PG in Financial Modelling, applicants must have earned their bachelor's degree from a recognised university.
- Candidates must also meet the percentage criteria, which have been set by their institution or university.
- The entrance examination is also required for candidates’ admission.
Top Entrance Exams for UG Courses
CAT: The Common Admission Test, also known as the CAT exam, is a common entrance exam that serves as a gateway to India's 20 IIMs and more than 1,200 higher education institutions. Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Ability are some of the sections of the CAT question paper.
MAT: The All India Management Association (AIMA) administers the Management Aptitude Test, or MAT, which is a national-level entrance exam for MBA/PGDM admissions. Candidates who pass the exam can apply to over 800 business schools that recognise MAT results.
College Predictors VIEW ALL
Scope of Financial Modelling in India and Abroad
Financial Modeling course has a lot of scope in India as graduates find work in companies that are responsible for keeping financial balance in all domains. Individuals with financial backgrounds are in high demand in this industry as every company needs financial intelligence and security in order to expand the business. Finance students have a variety of prospects in the industry, and the scope of this sector is continuously increasing.
Course Subjects
The financial modelling course syllabus differs depending on the degree programme. The topics covered in the financial modelling course syllabus at various schools and universities are listed below. Here we have discussed the syllabus of financial modelling of the Short-term Course on Financial Modelling and Risk Management, offered by the Indian Institute of Technology, Kharagpur.
Corporate Finance | Portfolio Management |
Cost of Capital | Estimation of Risk and Return of Portfolio |
Modelling the Determinants of Capital Structure | Testing of CAPM, APM and MFM |
Agency Conflict and Dividend Policy | Optimal Portfolio Section (Application of Markowitz, Sharpe, Lagrange/Multiplier and Utility Models) |
Construction of Corporate Governance Index | Construction of Index Fund and Stylised Funds in the Mutual Fund |
Risk Management | Financial Market |
Fixed Income Securities: Duration, Convexity and Value at Risk | Financial Market Integration (Application of Co-integration) |
Assessment of Risk in Equity Market through Value-at-Risk | Efficient Market Hypothesis (Application of Time Series Models) |
Basle-II Norms: Credit, Market and Operational Risk | Financial Market Instability: Measurement and Construction of Instability |
Risk Management in Insurance Companies: Solvency-I and II | Financial market Forecasting: Interest rate, Exchange Rate and Stock Price |
Risk Management through Derivatives (Future, Option and Swaps) | - |
Careers in Financial Modelling
Students in the Financial Modeling course can work in a range of professions in both the private and public sectors. They work in a variety of venues, including banks, financial institutions, and other business establishments. They can work as a financial analyst, finance associates, risk analyst, investment analyst, or equity analysts, to name a few jobs.
Financial analysts are in charge of giving appropriate advice to firms and people when it comes to making investment decisions and evaluating stock performance. A financial analyst's job includes compiling financial data and analysing patterns in order to evaluate the financial status of clients and predict business results, among other things. | |
Risk management analysts assist businesses in determining the number of financial risks associated with acquisitions and operational expenses. Risk management analysts find, analyse, and solve problems that can help a company thrive or avoid unnecessary financial loss. | |
Equity research analysts write reports, forecasts, and recommendations about companies and stocks. Investment firms (buy-side) as well as individuals or brokerage firms (sell-side) that sell products to buy-side hire equity research analysts. | |
Investment bankers are professionals who work for a finance company and are largely involved in raising cash for private firms, governments, and other organisations. Investment bankers are instructed how to save time and money by recognising risk in a project before it moves ahead. |
Upcoming trends
Time has also increased the number of investment activities. The demand for financial modelling course is consistently expanding. India's financial market has been steadily growing. People are becoming more conscious of the impact of financial investing these days. Digitalisation also plays an important role in expanding the market of finance, as people are more likely to transact money through various applications.
Job Profiles and Top Recruiters
In India, several companies engage persons who have completed a Financial Modelling course. The employment and classification of financial analysts are decided by their educational credentials and skills. Companies hire them for the above-mentioned jobs and profiles. Some of the most well-known recruiting firms are as follows:
Ernst & Young
Morgan Stanley
JP Morgan Chase
Genpact
CRISIL
Accenture
IDBI Life Insurance
Average Salary
Students will have a variety of work opportunities after completing a Financial Modeling course and can a good financial modelling salary in India. Depending on one's educational background and experience, one can find a number of job prospects. It is necessary to have both an educational qualification and experience in order to obtain the desired job role in a certain firm. Financial modelling salary in India depends on various factors, such as educational qualification, and experience in the relevant field. In the table below we have mentioned some of the career and financial modelling salary in India.
| Job Profiles | Average Salary |
Financial Analyst | Rs. 4.0 LPA |
Risk Management Analyst | Rs. 5.0 LPA |
Equity Research Analyst | Rs. 5.0 LPA |
Investment Banker | Rs. 4.5 LPA |
Required Skillset for Financial Modelling
Students must have a huge interest in banking and finance as a Financial Modeling graduate. Candidates seeking employment in the business must possess a specific set of skills. The following are the skills required for a Financial Modeling course.
Attention to detail | Communication skills |
Financial knowledge | Accounting proficiency |
Interpersonal skills | Numerical ability |
Course Curriculum for Financial Modelling
The Financial Modeling course will provide you with a good understanding of the concept of finance. Accounting and finance are among the basic financial modelling subjects covered in the Financial Modeling course. Financial modelling course fees depend on various factors, such as the type of institute, and course programme selected by the students.
The curriculum includes essential subjects as well as a selection of advanced subjects that will aid in your understanding of the course.
The primary goal of the Financial Modeling course is to develop students' interest in various aspects of finance.
The Financial Modeling course is designed to teach students the necessary skills and information to work in the finance industry.
Popular Financial Modelling Entrance Exams in India
Popular Financial Modelling Colleges in India VIEW ALL
IIT Bombay
- Fees: ₹ 831200
- Exams: JEE Advanced
SRM University Chennai
- Fees: ₹ 189000
VIT Vellore
- Fees: ₹ 780000
- Exams: VITEEE
Frequently Asked Questions (FAQs)
Question: What is a Financial Modeling Course's duration?
Answer :
The duration of the Financial Modeling course is determined by the course that is selected by the students. Certificate programme's duration can be from 1 day to three months, whereas the diploma course is of six months to 1 year. The duration of UG and PG programmes is of three years and two years respectively.
Question: What is the typical income for a Financial Modeling graduate?
Answer :
The average pay earned after completing a Financial Modeling course is determined by the organisation to which the individual work, skill set and previous work experience. In the early stages of their careers, a Financial Modelling Analyst makes Rs. 4 LPA, whereas a Finance Manager earns Rs. 6 LPA.
Question: How much does a Financial Modeling course cost?
Answer :
The cost of Financial Modeling Courses varies greatly. Some suppliers also provide free certificate programmes. The costs for other courses range from INR 10,000 to INR 10 lakh.
Question: Is it possible to take Financial Modeling classes online?
Answer :
Yes. Financial modelling classes can be found on the internet. Certificates, diplomas, and postgraduate diplomas are among the formats available. Financial Modeling is also available as an elective in regular degree programmes.
Question: Is Financial modelling a certificate course or a degree course?
Answer :
Financial modelling is commonly considered a skill. Rather than a financial modelling diploma or a degree, institutes and MOOC platforms frequently provide certification courses.
Question: Is financial modelling a promising career path?
Answer :
Financial modelling can lead to a number of job opportunities in Investment Banking, Asset Management, Property Management, Financial Health, Mutual Fund Research, and Risk Assessment, among other fields.
Question: What are the requirements for pursuing a financial modelling course?
Answer :
The eligibility criteria for financial modelling vary depending on the institute that offers the course. There are no strict requirements for pursuing financial modelling; nonetheless, candidates must have a fundamental knowledge of economics and finance.
Question: What is included in the financial modelling curriculum?
Answer :
The course's syllabus will cover a variety of financial modelling topics, such as financial model structuring, financial modelling practises, financial model building, predicting profits, forecasting incomes and expenditures from operations, presenting working capital requirements, debt modelling and interest costs, and investment modelling.
Question: Is it a good idea to learn financial modelling?
Answer :
Financial modelling abilities are required in almost all corporate finance professions, so if you know how to do it, you have a lot of employment options. It improves the function of a fast-paced, economically and professionally fulfilling career path.
Question: Is obtaining a certification in financial modelling worthwhile?
Answer :
Financial modelling certificate courses are beneficial if you obtain industry-standard training and education. Financial modelling professionals are continually in demand by equity research businesses, accounting firms, investment banks, and credit rating organisations.
