Category: Online Education

Why Study Financial Excel Course Online?

Whether you are a student, a professional or a CEO, excel plays a vital role in the daily operations of all verticals. Excel has one of the largest market shares of any spreadsheet program with 750 million users. Proficiency in financial excel course is one of the most sought-after skills in the market for employees.

From domains like research, technology, education, sales, marketing, finance and accounting to many others, everyone seeks resources with fine excel skills. Opting a financial excel course online can be a great skill to acquire if you aspire to be ahead of the rest. If you aim to make a career as a professional financial analyst or a financial modelling expert, pursuing a financial excel course can help pave the way.

 

To stay relevant and competitive, students must explore new opportunities with online courses as they are cost-effective, flexible, informative, detailed and in case you get stuck, there’s assistance available at all times to help you out. There are several reasons to study Financial Excel course online, and some of them are shared here:

  1. Flexibility- At the outset, when you opt foran online financial excel course, you get the benefit of flexibility. You can utilise the rest of your time to pursue other courses/ventures that you desire. Financial excel course is available for beginners and advanced level that provide scheduling flexibility where you can collaborate with peers and professors to resolve any query if and when you get stuck at something.
  2. Low cost- Most of us overlook this aspect, but doing an excel course online can give you cost advantage as well. You get thetraining, certification and expert guidance while also saving expenses like commute etc. Financial online courses are very pocket friendly for those who seriously want to pursue it. Students get the digital copy of the notes and booksto experience the course as any other student in a brick-and-mortar setup would do.
  3. There are choices- The best part of pursuing financial excel course online is that you can check your options. There are many choices available online that offer introductory, intermediary level and advanced level training. You can choose the one that fits your career expectations and proficiency.
  4. Geographical flexibility- If you are enthusiastic to pursue financial excel course, an online course can bridge the gap of geographical limitations. You can pursue it from any corner of the world or any country/university/institute. Geographical location will not be a hurdle in pursuing your dream course to build better career prospects.
  5. Sharpening your skill- It focuses on several critical skills that can be utilised and valued in almost any position of your profession. With online courses, you get assignments to visualise, evaluate, and create financial projections, budgets. It can help you analyse projects and company situation during the job. You learn how to read and comprehend spreadsheet, interpret data and many such workflow processes to build a strong work portfolio.

Other than all these reasons, you also get to enhance your digital skills which can come very handy when you are on a job hunt. If you are looking to join an online financial excel course, we suggest you go for the ones that are career-focused, provide practical content and assignments, and provide 24×7 assistance.

Summary: From domains like research, technology, education, sales, marketing, finance and accounting to many others, everyone seeks resources with fine excel skills. Opting a financial excel course online can be a great skill to acquire if you aspire to be ahead of the rest. If you aim to make a career as a professional financial analyst or a financial modelling expert, pursuing a financial excel course can help pave the way.

Top 5 Data Analytics Courses Online

What is Data Analytics?

Data analytics is the process of analysing or examining raw data to find trends and draw conclusions. Recently, it has become one of the most crucial parts of the business world to facilitate informed decision-making, gain a competitive edge over competitors and thereby increase revenue. Data analytics also aid in scientific research to verify or reject scientific models, theories and hypothesis.

There are various career opportunities for people who opt for data analytics courses-be it online or offline classes such as data engineer, data scientist, data architect, data analyst etc.

Best Data Analytics Courses Online

  1. Tableau- A course in Tableau is important for data visualisation where you can explore, fix, experiment and present data quickly. Tableau helps in understanding data patterns like sales trends, customers purchase behavior and decision making. In this course, you can learn- Barcharts, maps, pie charts, interactive dashboards, table calculations, area charts, tree maps, storyline and many such essential things that prove vital at the beginner level.
  2. SQL- It’s a language used to communicate with databases. SQL (Structured Query Language) is used to store, manipulate and retrieve data. Going deeper into the course will help you get well-versed in database management skills and develop your analytical reasoning skills to gain better business insights. This course generally covers topics like- Code in SQL, creating, designing and operating SQL databases, creating databases from scratch, SQL triggers, SQL sequences, Indexes, local and global variables etc.
  3. Microsoft Excel-This course will provide you with a deep understanding of advanced excel formulas and functions to transform a basic spreadsheet into a powerful analytical tool. Here you can learn formulas that can be applied in various ways that can help you automate time-consuming, complex tasks using cell formulas and functions in excel. This course covers topics like- statistical functions, formula-based formatting, date and time functions, logical operators, indirect and hyperlinks, website scraping, array formulas etc.
  4. Pandas & Pythons- There are many Data analytics courses available online, and one of those is the Python Programming Language. This tool allows you to analyse, organise, sort, filter, aggregate, clean, calculate and collect colossal data sets. This course is beneficial for budding data analytics or experienced users as it covers method, attributes, features and functionalities. This course covers- installing, sorting, filtering, aggregating, pivoting, munging, visualising etc.
  5. Lean Six Sigma- It’s a method that helps in improving performance by reducing variations and systematically removing waste with collaborative efforts. This course covers topics like Data and DMAIC, Hypothesis testing and causality, descriptive statistic. Introduction to lean six sigma, organising data, Pareto analysis, population vs. sampling, probabilities plot and empirical CDF, visualising numerical and categorical data etc.

There are many beginners to advanced level online courses available for data analytics enthusiasts. The demand for skilled data analyst has increased exponentially of  late. If you want to make a career in this well-paid and exciting industry, this could be the perfect time to begin your journey.

 

Summary: Data analytics is the process of analysing or examining raw data to find trends and draw conclusions. Recently, it has become one of the most crucial parts of the business world to facilitate in formed decision-making, gain a competitive edge over competitors and thereby increase revenue. Data analytics also aid in scientific research to verify or reject scientific models, theories and hypothesis. There are various career opportunities for people who opt for data analytics courses-be it online or offline classes such as data engineer, data scientist, data architect, data analyst etc.

Advantages you can Gain by Attending Excel Training Course Online

Microsoft Excel is a powerful tool for data analysis. It is also widely used as a spreadsheet.  So, Microsoft is an important part of our life. If you don’t know how to use Microsoft excel then you can go for Microsoft Excel classes online.

Excel plays an important role in professional growth. There are many advanced programs on the excel that are not known by people. Learning Microsoft Excel helps to master various advanced techniques. Let’s find out the various advantages of learning and doing excel training courses online.

1. Enhanced value to employers- In the online skill, you will develop new skills that will make you unique in the eyes of the employer. There are many applications of excel sheet in your job. You can create schedules for the team so that they can meet the deadlines. Also, the spreadsheet makes sure that the jobs are being implemented. Financial accounting can be performed for monitoring organization financial transactions. You can also store contact information of clients and leads. The sales of the products can be easily tracked.

2. Using an Excel sheet will make you more efficient- Not only excel sheet helps you to store the information but you can also analyze data. It will help to save a lot of time and energy. One can gain various skills by attending Microsoft Excel classes. You can learn conditional formatting, apply a format in cells. It makes reading and formatting data easy and simple. If you have large data to be analyzed then the advanced technology will help to do the same. You can easily summarize presentations and share details of the projects.

3. Prepare professionals for new positions- The Excel training courses online will help to carve the way for professionals into new positions such as finance. The accountants can learn data analytics, financial planning in Excel. The administrative assistants can perform small jobs like generating reports, creating databases, and editing existing reports. Data journalists can easily maintain large data with Excel. The project managers remain updated with the information. The excel sheet makes it easy to monitor and manage data. Advanced Microsoft Excel training provides employers with higher-skilled employees and offers the employees with tools that can help them work more effectively in their current positions and give the training to aim for higher-level positions.

4. Non-traditional workers also get benefit from an excel sheet- The non-traditional workers like photographers, teachers, and writers can also get benefit from an excel sheet. The photographers can determine their leads into actual shoots through an excel sheet. The teachers can track details like student’s grades by learning excel sheets. The writers can also make use of an excel sheet by monitoring topics, payments, and other things.

So, you must learn the Microsoft excel if you want to succeed in life. So enroll yourself in online Microsoft excel classes online. The developed skills will help to get the desired job. It will improve your professional and personal life. So, now don’t wait more! Just learn Microsoft excel skills.

What Exactly Do You Learn in a Financial Analyst Training Program?

Financial analysts are forecasters. They are also budgeters, advisors, bookkeepers, and market observers. It is the responsibility of financial analysts to keep the company’s financial present on track and predicting the future to help with business decisions. Such responsibilities make the profile one of the highest paid jobs in the market with growth trends outshining many other positions out there. To become an expert analyst, you need the best financial analyst training. And typically, the best training program will focus on the following topics both from a theoretical and application-oriented angle.

  1. Financial accounting

The world of finances is spineless without accounting. Becoming privy with the language of finance, being able to write and understand the universally accepted accounting terminologies – these are necessary skills to start with any type of financial analysis of forecasting. The best training module will give you a managerial level overview of financial accounting. If not to the very depths, you will at least require intermediate expertise.

  1. Corporate financing

Assets, capital, shares, accruals, accounts payable, and receivable – you will come across such terms frequently when you sit with the financial statements of any company. And you need to know what exactly should you do with them. Whether you join an investment bank or a B2C company, you will be living and breathing corporate financing every day as a financial analyst. An essential subject to master before taking things to the next level.

  1. Financial modelling

How do financial analysts forecast the events of the market? Through financial modelling. Models take historical and currently available data into account to predict investible funds that will assure a capital return. You will learn about the popular modeling techniques, their involved nuances, and ways to predict results accurately by removing biases. Also, expect to develop a few technical skills like MS Excel.

  1. Business valuation

This is necessary for financial analyst training to fit you into the advisor role. Financial analysts are often called into merger and acquisition meetings to help decide whether a company is worth buying or not. They are also included in budgetary meetings to get an insight into the company’s current and expected financial position. Through business valuation skills, analysts can convert the intangible corporate parameters into solid figures and numbers and thus provide data-backed insights into the company’s core.

  1. Financial ratio analysis

Financial analysts are responsible for tracking important ratios like price to earnings, return on equity, and earning per share. Ratio analysis also helps to gain insights about liquidity, profitability, operational efficiency, and more. Your training will remain incomplete without an adequate discussion on financial ratio analysis and the skill to decode these numbers to compare multiple companies’ valuation in one spreadsheet. This advanced topic binds the other topics together with one axis.

So, look out for the above subjects while picking your online financial analyst training course. Search for more but do not settle for less. The best program will teach you from the very basic, maneuver expertly to the advanced levels and make you job-ready right after the certification course without the requirement of any other added modules.

6 Jobs that Cannot Survive Without MS Excel

NovelAspect.com researched the listings on Indeed.com to find out the most sought-after skill by companies in 50 populous urban centers of the United States. Their study of 200+ business platforms showed that MS Excel topped the charts. Capital One and Burning Glass Technologies conducted another research to find out the productivity platform that helped executives improve their promotion chances. The answer was again Excel. As it stands now, most modern profiles cannot survive without Excel. Even when sophisticated platforms are already available in those segments, people are still flocking to Excel to get the job done. Here is a list of 6 such profiles. And as it goes without saying, an online Excel course is sufficient to land you in one and increase your promotion chances by almost 12%.

  1. Financial analyst

Financial analysis and MS Excel go hand in hand. Right from bookkeeping to financial modelling, these professionals live and breathe MS Excel, often tackling multiple worksheets at a time. Mastery of advanced Excel is required to work and thrive in this field and only those Excel training courses can get you started which integrates the platform with the profile. As of now, the demand for financial analysts is rising at a healthy 6% annual rate.

  1. Business analyst

If financial analysts use Excel to forecast investments, business analysts use Excel to predict productivity. Executives of this stream have to work with data from various departments of the company to ensure growth and expansion. The common tool that all wings can efficiently use is Excel. And again, advanced Excel helps business analysts to sit with all the available data and present their findings.

  1. Market research

The penetration of digital marketing has enabled ample data collection. Companies can now target their advertisements for specific groups of customers based on age, location, interests, and more. Such decisions are naturally taken by filtering and analyzing the collected data. And most market researchers achieve that feat using MS Excel. An intermediate online Excel course can make a proficient market researcher out of you.

  1. Auditor

Auditors go around verifying the books of companies to ensure that there are no anomalies in financial record keeping. If the records exist on Excel, having the skill in the arsenal becomes obvious. Along with the nuances of complicated accounting software, auditors must master MS Excel to perform simple yet productive tasks. It is difficult to verify numbers when the database does most of the job.

  1. Retail manager

Add warehouse manager to this stream as well. Be it monitoring inventory or maximizing efficiency and profit, all can be maintained and visualized on Excel. And most companies invest in Excel training courses to upskill their existing workforce to make them more productive. Unlike Amazon, small firms cannot afford costly retail or warehouse management software. For them, Excel is their savior.

  1. Project manager

Believe it or not but even project managers of top companies use MS Excel to navigate through data about their ongoing projects. Project management involves the tasks of resource allocation, interdepartmental interaction, communication with third-party vendors, and detailed report generation. The versatility of MS Excel facilitates all those responsibilities and speeds up daily operations.

To master Excel the best thing to do enroll for an online Excel course. This will help you to upskill and learn advanced Excel right from the comfort of your home.

The Pros and Cons of Discounted Cash Flow Model

 

Discounted Cash Flow analysis is like the ace-up-the-sleeve trick in equity valuation. The major assumption that money is worth more today than what it would be tomorrow makes the model a go-to tool for all financial analysts and investors. However, despite all its impressive results, DCF models also suffer from major drawbacks and analysts need to keep both the pros and cons in mind to extract the maximum success from the analysis. Just like a simple model can save time, too much dependency can be detrimental.

The pros of a discounted cash flow model

  1. It can be created in MS Excel

You do not need any complicated financial modelling software to create DCF. It is ultimately a cash flow statement of the future that delivers an idea about the present. MS Excel can capture the whole analysis with a simple set of functions and formulas.

  1. Intrinsic value is the outcome

In other words, you get an idea about how much you are to invest today to receive a particular return in the future. All the results are solid numbers with no scope for ranges. The returned intrinsic values in equity valuation, thus, simplify decision making and remove the requirement to compare companies.

  1. Captures business expectations

Discounted Cash Flow modelling starts with a few assumptions. And these assumptions encapsulate crucial business features like the history of growth, balance sheet strength, cash flow, prevailing market conditions and so on. Hence, you will not need to add further parameters on the end result as the major expectations are already captured by the model.

  1. Suitable for more analyses

Along with equity valuation, you can also use DCF to calculate the internal rate of return, other investment opportunities and potential of proposed mergers and acquisitions. In short, DCF modelling is a diverse skill to have.

The cons of DCF analysis

  1. Precision sensitive to assumptions

The outcome of a discounted cash flow model is as good as the assumptions you make. A small error here can return inflated intrinsic numbers. Plus, the sample size of your historical data may also cause large swings and often requires 50 years’ worth of information.

  1. Prone to overcomplication

DCF modelling in the inexpert hands can quickly turn into a perfect financial model that predicts very precisely. But the sheer number of assumptions combined with the term of the investment may make the Excel sheets a herculean task to maintain.

  1. Isolated picture

Equity valuation needs to take other businesses into account to adequately streamline resources. DCF has no scope of comparisons. The isolated picture may also create biases and lead to loopholes in decision-making.

Hence, although powerful, a discounted cash flow model demands a trained mind. A reputed online course can equip you with the steering techniques and transform you into a financial analyst with DCF expertise. Staying away from the cons requires rigorous practice and that is what you learn in good technical online courses.

What is Excel and The Advantages of Online Excel Courses

Microsoft Excel is one of the best applications available for generating spreadsheets. It has wide-ranging capabilities and is used across the world for data analysis, financial reports, and maintaining dashboards. The software was introduced in 1987 and since then has seen many upgrades. Microsoft Excel has become the most popular software used by businesses, professionals, homes, and schools.

No matter if you are a homemaker, a student or a CEO Excel Training Courses is a must for all. Many people are aware of the basic use of Excel but do not know that there are innumerable advanced ways of using Excel. Learning even a few of the advanced techniques of Excel can offer the user several powerful advantages. One can easily learn everything that Excel has to offer online.

Let’s find out a few advantages of online Excel Course:

1.      Increased Efficiency: Whether you are an employee or a student increased efficiency in sorting, analyzing, and storing information is always an added advantage. An employee who can organize and analyze data better can save a substantial amount of time and work smart.

2.      Efficient Planning: With Excel training courses learn how to analyze and identify patterns in large data. Faster analysis of data allows workers to easily summarize statistics for presentations and meetings. This leads to efficient planning and decisions.

3.      Better Jobs: With advanced excel training it’s easy to get into jobs like finance analyst, data analyst, data journalist, accountant, and even business planners.

4.      Increased Value: With online Excel classes learn skills that not many people know. As a result, you will have a competence that will make you unique from other employees, and this will, of course, be more appealing to employers.

Everyone is aware of Excel is a tool that is extensively used by finance professionals and also by sales and marketing professionals.  There are several other professions too that can gain immensely with Excel. Here are a few examples of the same.

Teachers. Gone are the days when a teacher could just go take a class, check a few copies and be back home to enjoy peace. Teachers are nowadays multi-task. They are responsible for creating and tracking lesson plans. School events, fairs, and trips are planned by them. Learning advanced Excel skills can make it simple and easy to track various details involved with these plans including student’s grades, event expenses, and seating plans.

Journalists.  These are the people who often need to accumulate large amounts of data or relevant stories, phone numbers of people, and the smallest of information.  Everything is vital for them. Advanced Excel skills make storing, organizing, and later analyzing the data very easy.

Photographers. With many leads and people to follow up for shoots and payments Excel training course can help in tracking information and leads with ease.

Doctors. Store all case studies in one sheet and take a look whenever needed. Keep a track of patients list and finances. The advantages are many.

This list can just go on and on for lawyers, writers, performers, students- Excel has something unique to offers for everyone.

No matter what or at what stage of a profession are you in there is always much to be gained with an online Excel Course offered by Skillfin Learning.