www.iirme.

com/excelmodelling
19 23 January 2014
Dusit Thani Hotel, Dubai, UAE
4 8 May 2014
Dusit Thani Hotel, Dubai, UAE
19 23 October 2014
Radisson Royal Hotel, Dubai, UAE
Certificate In Financial
Modelling Using Excel
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Organised by:
Fully revised and updated for 2014. Includes one full day on Essential Excel for nance
Sign up for this course and receive a
complimentary copy of
Using Excel for Business Analysis
written by your Course Director
Top 5 Learning Objectives
1. Understand the essence of nancial models and analyse their
applications
2. Discover how to construct reliable and realistic nancial models
that work and are easy to review
3. Learn to measure, interpret and predict company performance
using Excel modelling
4. Improve your decision making processes and save time on
nancial analysis
5. Prociently use Excel as an analytical tool and enhance
your nancial abilities
Book and pay NOW
and bring your colleague
for FREE on this course
See last page for details*
Would you like to run this
course in-house?
The in-house training division
of IIR Middle East
Tel: +971 4 407 2624 Email: CTS@iirme.com
www.iirme.com/cts
+971 4 335 2437 +971 4 335 2438
Course Assessment
Delegates are required to submit one of the models built during the
course for assessment and to sit for a short exam at the completion
of the course.
The George Washington University School of Business, IIR Middle
Easts Academic Partner, is dedicated to excellence: in its teaching
and research about management, in the public and private sectors,
within the United States and internationally.
The school has a 75 year history of preparing men and women
for leadership in both the public and private sectors. Known
internationally for its dedication to academic excellence, the school
draws students from all parts of the United States and around the
world.
Beyond rst class teaching and scholarship, the schools faculty
offers practical experience in the issues and challenges confronting
business and government. Its research centres link faculty and
students with US and international business and government
organisations. Recent distance learning initiatives have expanded
the schools global reach.
Course Requirements And Certicates
Delegates must meet two criteria to be eligible for an IIRME/GW
Certicate of Completion for a course:
1. Satisfactory attendance delegates must attend all sessions of
the course. Delegates who miss more than 2 hours of the course
sessions will not be eligible to sit the course assessment.
2. Successful completion of the course assessment.
Delegates who do not meet these criteria will receive an
IIRME Certicate of Attendance. If delegates have not
attended all sessions, the Certicate will clearly state the
number of hours attended.
Danielle Stein Fairhurst is the Principal
of Plum Solutions, a Sydney-based
consultancy specialising in Excel modelling
and analysis. With over fourteen years
experience as an analyst, she helps her
clients create meaningful models in the
form of business cases, pricing models and management
reports. She has hands-on experience in a number of
industry sectors, including telecoms, information systems,
manufacturing and nancial services.
Danielle is the author of Using Excel for Business Analysis
which is part of the Wiley nance series. She has regular
engagements around Australia and globally as a speaker,
course facilitator, consultant and analyst. She holds a
Master of Business Administration (MBA) from Macquarie
Graduate School of Management (MGSM), and has taught
management accounting subjects at Sydney University.
Meet Your Expert Course Director
www.iirme.com/excelmodelling
Course Materials
Delegates will receive a complimentary copy of Using Excel for
Business Analysis: a Guide to Financial Modelling Fundamentals,
by your trainer, Danielle Stein Fairhurst which contains instructions
in Excel 2007 and 2010, and Excel for Mac.
Software
Bring your own laptop to the session installed with
any version of Microsoft Excel. Although the course
includes an overview of the new features in later versions of Excel,
delegates should bring their laptops loaded with whichever version
they are comfortable using in their everyday work.
Course Prerequisites
The course material includes extensive use of Excel and delegates
will gain the maximum benet from this course if they are already
competent spreadsheets users. It is designed for users who do use
(or will use) Excel on a regular basis, and are comfortable with using
its tools and functions.
This hands-on course is designed for middle and senior business and
nance professionals as well as general managers who need to use
nancial models to measure business performance, including:
Finance Managers and Controllers
Strategy Directors and Managers
Budget, Corporate, Business and Financial Analysts
Project Managers and Risk Analysts
Investment and Management Accountants
Heads of Business Units and Business Planners
Financial Advisors and Corporate Analysts
Who Should Attend?
e
+971 4 335 2437 +971 4 335 2438 register@iirme.com www.iirme.com/excelmodelling
Course Timings: Registration will be from 7:30 on Day One. Each day the course will commence promptly at 8:00 and conclude at 14:30 followed
by lunch. Refreshments will be served at approximately 10:30 and 12:30.
Course Outline
Day One
Essential Excel For Finance
Specically designed for business professionals who need to take their
Excel skills to the next level, this intensive full day course focusses
on the technical Excel skills that will be required for the Financial
Modelling course. This very practical day covers everything you need
to perform your job.
For those who dont have time to sit through extensive Excel how
to training, this day will arm you with a range of tools, techniques
and formulas essential for nance. Guaranteed to contain no uff,
this day will equip you with the skills to produce more efcient and
accurate Excel models and increase productivity.
Must-Know Tools And Techniques
Key points on upgrading from prior versions of Excel to the latest,
2013
Absolute referencing
Named ranges
Time saving shortcuts
New Features In Excel 2010 and 2013
An overview of power pivot
Using sparklines to display trends on dashboards
Applying a slicer to pivot tables
Formulas You Simply Cant Live Without
LOOKUP, VLOOKUP, HLOOKUP
Logical functions eg. IF, AND
Aggregation functions eg. SUMIF, COUNTIF
Financial functions eg. NPV, IRR, PMT
Formula nesting
Bullet-Proong Your Model
Protect data by locking cells
Password protection
Restricting incorrect data entry with data validations
Using worksheet protection to prevent entry
Protecting your le using Read Only and password protection
Charting
Creating and modifying a chart
Making your charts look fabulous
Charting tips, tricks and shortcuts
New charting features of Excel 2013
Essential Advanced Tools
Autolters
Goal seek
Macros
Pivot tables
Array formulas
Other Useful Tools
Spin buttons and drop-down menus
Hiding
Working with dates
Hyperlinking
Conditional formatting
Day Two
Introduction To Financial Modelling
What is nancial modelling?
- Typical examples and purposes of nancial models
Software selection
- Tool selection and advantages and disadvantages of Excel and
other software for the purpose of nancial modelling
Model design
- Model planning and steps in building your model
Skills needed for nancial modelling
- The technical, design, business and industry knowledge
required for nancial modelling
Model tools and functions
- Which formula or tool is most appropriate in which modelling
situation?
Building the business case: issues and logic surrounding the
calculation of customer acquisition
- Creating the pool of potential customers
- Narrowing down the pool
- Expected customer acquisition
- Lost customers/customer defection
- Market penetration
Practical exercises: Modelling exercises using a range of nancial
functions and tools. Building a business case utilising nancial
modelling techniques
Day Three
Financial Modelling Theory And Best Practice
Modelling techniques
- What makes a good model? Attributes of a good model such
as user-friendly and structural features
- Avoiding Excel errors A wrong calculation in a model can
have disastrous consequences! Strategies to reduce errors in
nancial modelling
- Rebuilding an inherited model
- Building error checks
Certicate In Financial
Modelling Using Excel
19 23 January 2014 Dusit Thani Hotel, Dubai, UAE
4 8 May 2014 Dusit Thani Hotel, Dubai, UAE
19 23 October 2014 Radisson Royal Hotel, Dubai, UAE
+971 4 335 2437 +971 4 335 2438 register@iirme.com www.iirme.com/excelmodelling
Practical Exercise: Create a model in Excel which will calculate
volume-dependent costs
Day Five
Practical Financial Modelling
Charting and graphing fundamentals how to build charts
When to use a table or charts; combining tables and charts using
chart data table and data bars
Choosing the correct chart to display your ndings
Visual design - dos, donts and common mistakes in graphical
presentation of data and reports
How to present easy to follow information concisely and clearly
Pivot Tables and their role in nancial modelling
Practical exercise: Build your own exible report including a
dynamic chart
Case Studies
Demonstration and overview of the following:
1. Tiering tables
One of the more complex and widely used calculations in
nancial modelling. Discussion of two different methods of
calculation; a simple and progressive table
2. Pricing models
Calculating protability and break-even points at various prices
3. Dynamic charting
Create a user-friendly report with a dynamic chart based on
drop-down selections
4. Modelling for risk assessment
Assess project risk with a risk assessment model using
conditional formatting
Practical Exercise: Forecast a sales cycle based on historical data
by calculating the seasonality index and adjusting the forecast
accordingly
- Correcting errors
- Create a more efcient model with links
- Dealing with links and the potential errors they cause
Bullet-proong your model
Retain model integrity and prevent misuse of your model by
learning to restrict incorrect inputs
- Protection
- Locking cells
- Restriction of incorrect data entry with data validations
Making a model user-friendly
- Formatting
- Navigation
Dealing with uncertainty and risk
- Economic inputs to model, and modelling uctuations in
external factors
- Use of stress testing to validate a model
- What-if analysis
- Importance of assumptions when assessing risk
Create a best, base and worst case scenario on your model
Technical tools for creating scenarios:
- Manual sensitivity analysis; drop-down scenarios
- Scenario manager
- Data tables
Displaying nal model results and ndings
Communicate the results of your model clearly and concisely
whilst getting the key message across to the audience
- Documentation and source referencing
- Writing assumptions
- Writing operation instructions
Practical exercise: Building scenarios and perform sensitivity
analysis on nancial models. Build a property development
scenario model. Build a cash ow funding model, including a P&L,
cash ow and balance sheet including scenario analysis.
Day Four
Financial Modelling For Budgeting And Forecasting
Practical application of modelling in Excel for the purpose of
budgeting for organisations
- Advanced forecasting functions; time series, exponential
smoothing and regression analysis
- Modelling for stepped costs when forecasts include both
xed and variable costs
- Sales forecasting predication of likely sales revenue based on
drivers
- Seasonality simply and easily spread revenue or expenses
throughout the budget period based on season variations
- Building an expense budget based on given assumptions,
you will build a budget for 12 months
- Contingency planning calculating a contingency based on
assumptions about probability and impact of unexpected
events
- Budgeting for capital expenditure capital expenditure is
budgeted for cashow and then depreciated
- Cash ow budgeting translating your prot and loss
statement into a cashow forecast
- Reporting against budget; variance analysis ceating a
template into which actual and budget can be compared and
analysed
This is what delegates have said
about Danielle Stein Fairhursts
previous Certicate In Financial
Modelling courses
Danielle has vast experience in nancial
modeling building, she shared practical
experiences with us. I would like to attend
another course with her.
Muhammed Arif Masood, Aldar Properties, UAE
Danielle is an expert in nancial modeling.
Dr. Ram Behin, Team Leader Projects, Universal Hospital, UAE
SN/ST Finance FN
All registrations are subject to our terms and conditions which
are available at www.iirme.com/terms. Please read them as
they include important information. By submitting your
registration you agree to be bound by the terms and
conditions in full.
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to the event. Only those delegates whose fees have been paid
in full will be admitted to the event. You can pay by company
cheques or bankers draft in Dirhams or US$. Please note that all
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If you are unable to attend, a substitute delegate will be
welcome in your place. Registrations cancelled more than 7 days
before the Event are subject to a $200 administration charge.
Registration fees for registrations cancelled 7 days or less before
the Event must be paid in full. Substitutions are welcome at any
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Avoid Visa Delays - Book Now
Delegates requiring visas should contact the hotel they wish to
stay at directly, as soon as possible.
Visas for non-GCC nationals may take several weeks to process.
All registrations are subject to acceptance by IIR which will be
conrmed to you in writing.
Due to unforeseen circumstances, the programme may change and IIRreservesthe right to alter
the venue and/or speakers.
Event Venue:
Dusit Thani Hotel, Dubai, UAE
Tel: +971 4 343 3333
Radisson Royal Hotel, Dubai, UAE
Tel: +971 4 308 0000
Accommodation Details
We highly recommend you secure your room reservation at the
earliest to avoid last minute inconvenience. You can contact
the IIR Hospitality Desk for assistance on:
Tel: +971 4 407 2693
Fax: +971 4 407 2517
Email: hospitality@iirme.com
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register@iirme.com
www.iirme.com/excelmodelling
Event
Course Fee Before
3 November 2013*
Course Fee Before
24 November 2013*
Final Fee*
Certicate In Financial Modelling
Using Excel (BC5204)
19 23 J anuary 2014
US$ 4,150 US$ 4,650 US$ 4,950
Event
Course Fee Before
16 February 2014
Course Fee Before
9 March 2014
Final Fee
Certicate In Financial Modelling
Using Excel (BC5205)
4 8 May 2014
US$ 4,150 US$ 4,650 US$ 4,950
Event
Course Fee Before
3 August 2014
Course Fee Before
24 August 2014
Final Fee
Certicate In Financial Modelling
Using Excel (BC5206)
19 23 October 2014
US$ 4,150 US$ 4,650 US$ 4,950
BC5204/BC5205/BC5206
Course fees include documentation, luncheon and refreshments. Delegates who attend all sessions and successfully complete
the course assessment will receive an IIRME/GW Certificate of Completion.
WOULD YOU LIKE TO RUN THIS COURSE INHOUSE?
No. of employees on your site:
1000+ 500-999 250-499 50-249 0-49
*Book and pay NOW and bring your colleague for FREE on this course. Only applicable for J anuary 2014 course
Certicate In Financial
Modelling Using Excel
19 23 January 2014 Dusit Thani Hotel, Dubai, UAE
4 8 May 2014 Dusit Thani Hotel, Dubai, UAE
19 23 October 2014 Radisson Royal Hotel, Dubai, UAE