Financial Modeling Guides and Articles

Self-study guides to help you master financial modeling

Free Financial Modeling Guide

Complete guide to financial modeling This is designed to be the best free guide on financial modeling!  In this guide, we will break down all the most important aspects of financial modeling, and provide tips and tricks about industry leading best practices. CFI’s mission is to help anyone in the world become a world class...

3 Statement Model

What is a 3 statement model? A 3 statement model links the income statement, balance sheet, and cash flow statement into one dynamically connected model.  3 statement models are the foundation on which more advanced financial models are built such as discounted cash flow DCF models, mergers models, leveraged buyout LBO models, and various other...

DCF Model Training Free Guide

What is a DCF model? A DCF model is a specific type of financial model used to value a business.  DCF stands for Discounted Cash Flow, so a DCF model is simply a forecast of a company’s unlevered free cash flow discounted back to today’s value. Even though the concept is simple, there is actually...

Financial Modeling Skills

Overview of financial modeling skills This free guide outlines the most important financial modeling skills required to be a world class financial analyst.   Financial modeling is the art of building a dynamic tool (an Excel model) that can be used to evaluate investment opportunities, mergers & acquisitions (M&A), capital raising, or to assess a company’s...

Financial Modeling for Dummies

What is financial modeling? Financial modeling is one of the most highly valued but thinly understood skills in finance.  The objective is to combine accounting, finance, and business metrics to create an abstract representation of a company in Excel, forecasted into the future. There are many types of financial models with a wide range of uses...

Types of Financial Models

Top 10 types of financial models Here is a list of the 10 most common types of financial models: Three Statement Model Discounted Cash Flow (DCF) Model Merger Model (M&A) Initial Public Offering (IPO) Model Leveraged Buyout (LBO) Model Sum of the Parts Model Consolidation Model Budget Model Forecasting Model Option Pricing Model More detail about...