Advanced excel for finance function / Unit

Course Overview:

This course is designed to take your financial modelling skills to an advance level, through the evaluation and analysis of real-life case studies. It will also develop your knowledge and understanding of finance enabling you to make financial decisions which will, reduce costs, increase profit and minimize risk. The course will examine the latest tools and techniques estimating sales, costs, risk and economic variables leading to advanced financial optimization models using Excel, best international practice, tools and techniques.

Course Objectives:

This course will feature:

• Practical application of advanced financial modelling skills to real life case studies in the Oil & Gas sector and your company
• Development of advanced financial knowledge and its application to business problems and decision making
• The development of Advanced Financial Models which will be of practical use to you and your organization
• Training using Excel and the latest financial analysis tools and techniques
• Supporting material in both hard and soft copy explaining key Financial and Modelling techniques and applications

Course content:

The Course Content

Day One: Advanced Modelling Skills with Excel

• From Basic Modelling to Advanced Modelling
• Identifying Financial Applications for Modelling in the Oil & Gas sector
• Advanced Financial Applications of Excel
• Advanced Financial Analysis Tools in Excel
• Graphs & Charts to aid Financial Analysis
• Best Practice in Modelling with Excel

Day Two: Estimation Models – Income, Costs, Risks & Economic Variables (Oil Prices, Exchange Rates & Interest Rates)

• Cost Estimation – Incremental; Inflation, PERT, Supply & Demand factors
• Forecasting using Statistical Methods in Excel – Time Series Analysis, Exponential Smoothing, Correlation & Regression Analysis
• Risk Measurement using – Probability Analysis, Correlation & Beta
• Forecasting Oil Prices using statistical models
• Measuring & Managing Investment Risk
• Forecasting Interest Rates & Exchange Rates using historical data, Interest Rate Parity Theory and Purchasing Power Parity Theory

Day Three: Developing an Advanced Financial Optimization Model

• Developing the Financial Model using Costs and Economic Variables estimated on Day 2
• Simulating changes to Costs & Accounts Payable
• Simulating changes to Sales Volume, Oil Price & Accounts Receivables
• Financial Derivatives – Forwards, Options Futures & Swaps
• Using Derivatives to Managing Oil Price Volatility, Interest Rates & Exchange Rates
• Implementing Policies to manage change

Day Four: Models to Assess Growth Strategies

• Evaluating growth strategies
• Models to simulate growth strategies
• The dangers of Overtrading
• Examining the impact on Working Capital
• Examining the impact on Leverage
• Mergers & Acquisitions – Modelling the impact on Share Price, Market Value, Earnings & EPS

Day Five: Modelling Best Practices

• Case Study incorporating the skills from Day 1 – 4
• Developing an Advanced Financial Optimization Model to meet the needs of the delegates and their organisation
• Presentation of the Model
• Testing the Model
• Improving the Model
• Decision Making & Reporting

Location: Abuja

Date: 1st -5th January 2024

Price: Open