Topic Overview

Financial modeling is ubiquitous within organizations. Financial models help businesses make decisions about raising capital, making acquisitions, selling assets, budgeting and forecasting, and much more.
At CFI, you can learn financial modeling through 100-percent online, self-paced courses, so you can develop your finance skills at the time that works best for you. All courses leverage proprietary technology to enhance learning and retention and prepare you for a future in finance.

48 courses

Consisting of over 2710+ lessons

220+ interactive exercises

Learn by doing with guided simulations

Expert instructors

Learn from the very best

New courses monthly

On need-to-know subject matter

Blockchain cetificate

To verify your skills

500,000+ 5 star ratings

Best-in-class training, as rated by you

Find the right Financial Modeling course

Our extensive library of financial modeling courses covers a wide range of topics from beginner to very advanced models. You can learn to build standard three statement financial forecast models, M&A models and LBO models. You can also learn how to build models for specific industries such as mining, real estate, startups, renewable energy projects, and ESG to name but a few. Aspiring analysts or seasoned finance professionals alike can bolster their financial modeling skills while earning continuing professional education credits. Courses can also be applied to CFI’s various certifications to advance your career.
3h 30min
Reading & Analyzing a Bank's Financial Statements
4.9
Understand unique bank financial statements, analyze their ratios, and interpret their pyramid of ratios to gain a comprehensive view of the business.
1h
FP&A Modeling Pt.1 - Design
4.9
Learn best-in-class FP&A model design, including cover pages and hyperlinked tables of contents, to instill confidence in decision-makers and apply financial modeling practices.
2h 30min
FP&A Modeling Pt.2 - Formatting & Revenue
4.9
Learn best-in-class revenue forecasting for FP&A models. Explore custom and conditional formatting techniques for effective financial models.
2h 30min
LBO Modeling Pt.1 - Sources & Uses
6h
Introduction to 3-Statement Modeling
4.8
Build a three-statement financial model from scratch. Learn financial model-building best practices, projection modeling, assumption crafting, forecasting, and model auditing.
4h
LBO Modeling Pt.2 - Capital Structure
2h 30min
FP&A Modeling Pt.3 - Headcount Analysis
4.9
Master headcount and employee cost forecasting in FP&A models. Learn corkscrews, advanced custom formatting, and conditional formatting for accurate and insightful analysis.
5h
Financial Analysis Fundamentals
4.8
Assess financial health by computing and interpreting ratios for profitability, asset utilization, leverage, and liquidity, then compare companies and analyze trends.
2h
DCF Valuation Modeling Fundamentals
4.9
Master DCF valuation techniques, understand common errors, and build optimized models. Learn to pair cash flows with discount rates, calculate terminal value and create dashboards.
3h
LBO Modeling Pt.3 - Output Metrics
1h
FP&A Modeling Pt.4 - Contractor Analysis
4.9
Master forecasting contractor costs in FP&A models. Learn to calculate workdays, detect scheduling issues, schedule payables, and summarize COGS/SG&A for income statements.
6h 30min
Introduction to Business Valuation
4.8
Explore comparable company, precedent transaction, and discounted cash flow methods. Learn to identify and apply various techniques for asset and company valuation.
1h 30min
FP&A Modeling Pt.5 - Debt and Capex Analysis
4.9
Master debt and capex forecasting and analysis. Learn best practice approaches to monitor capital expenditure, manage revolving lines of credit with model instructions and checks.
2h
Introduction to Mergers & Acquisitions
5.0
Learn the mergers and acquisitions process, as well as different types of mergers, deal structures, and financing considerations.
7h
Applied DCF Valuation Modeling
4.8
Learn to build and present professional, multi-schedule DCF models with Applied DCF Valuation Modeling. Use structured dashboards to communicate key insights.
6h 30min
3-Statement Modeling
4.8
Master 3-Statement Modeling: design, balance, and link financial statements, build debt/equity schedules, manage circularity, and create insightful dashboards.
2h
FP&A Modeling Pt.6 - Financial Statement Aggregation
4.9
Understand financial statement construction, aggregation, and analysis using FP&A totals, focusing on profitability, cash flow, and tax implications, with Excel applications.
3h 30min
Mergers & Acquisitions (M&A) Modeling in Excel Part 1 – Model Setup & Transaction Adjustments
Learn how to build a mergers & acquisitions model in Excel with model setup and transaction adjustments to create a post-transaction pro forma balance sheet.
3h 30min
Mergers & Acquisitions (M&A) Modeling in Excel Part 2 – Pro Forma Integration & Analysis
Complete a fully integrated Mergers & Acquisitions (M&A) model in Excel by combining the acquirer and target into a pro forma model.
2h 30min
Auditing and Balancing a 3-Statement Model
4.9
Review and fix an imbalanced model quickly by following error-checking best practices.
3h
FP&A Modeling Pt.8 - 3-Statements
4.9
Master 3-statement modeling for FP&A. Learn to balance financial models, understand statement relationships, and apply common structures like corkscrews and revolvers.
2h
FP&A Variance Pt.1 - Build & Configuration
4.9
Understand optimal FP&A model design for monthly data review, compare it to other financial models, and master essential Excel formulas for effective analysis.
2h
FP&A Variance Pt.2 - Roll Forward & Analysis
5.0
Analyze monthly results, compare figures to budget estimates, and roll financial models forward for new fiscal years, understanding best practices for financial forecasts.
2h
Normalizing Income Statements
4.8
Analyze and adjust income statements to account for non-core and non-recurring items, to aid in accurate financial analysis and decision-making.
7h
Power BI Financial Statements
4.9
Master Power BI to automate and visualize financial statements. Tackle challenges in layout, DAX summaries, and cash flow, learning to build income statements and balance sheets.
8h
Operational Modeling
4.9
Build foundational financial models with a proven framework. Learn to analyze operations, organize schedules, calculate outputs, and finalize models for effective analysis.
6h 30min
Real Estate Financial Modeling
4.9
Build a dynamic real estate financial model in Excel, covering development costs, sales, financing, and valuation with IRR, NOI, and cash flow analysis.
1h 30min
Forecasting Techniques
4.8
Master qualitative and quantitative forecasting techniques. Apply Goal Seek, Solver, linear regression, and Excel functions to build compelling financial forecasts.
6h 30min
ESG Integration & Financial Analysis
4.9
Learn ESG integration: analyze how ESG factors impact financial statements, translate sustainability data into model assumptions, and explore advanced modeling techniques.
3h
Monthly Cash Flow Modeling
4.9
Master cash flow forecasting with Excel models from scratch. Learn to predict revenues, expenses, and balance sheet changes for optimal financial health and strategic decisions.
4h 30min
Advanced Excel Formulas & Functions
5.0
Become an Excel power user: master advanced formulas, functions, and financial analysis for careers in investment banking, private equity, and corporate finance.
5h
Mining Financial Model & Valuation
4.9
Master mining financial modeling, including assumptions, financials, valuation and sensitivity. Learn to extract info from feasibility studies, build forecasts, and value assets.
3h 30min
Making Effective Business Decisions
5.0
Equip FP&A pros to confidently assess capital investments. Differentiate investment types, apply NPV & IRR, and overcome challenges in financial impact calculations.
1h 30min
Scenario & Sensitivity Analysis in Excel
4.9
Gain skills in scenario and sensitivity analysis in Excel. Build dynamic models, assess key drivers, and present insights for valuation, forecasting, and strategy
3h
Financial Modeling Guidelines
4.9
Learn how to design best-in-class financial models by working backward from outputs, using clear structures like waterfalls and corkscrews, and navigating large models efficiently.
6h 30min
Startup / e-Commerce Financial Model & Valuation
4.9
Build and value e-commerce startups: learn financial modeling from scratch, including assumptions, financials, DCF valuation, and output charts.
4h
Driver-Based Forecasting
In this driver-based forecasting course for FP&A pros, learn to link key drivers to results, improve forecast accuracy, and run scenarios for better decisions.
4h 30min
Commercial Banking - Debt Modeling
4.9
Build a debt model for commercial banks: learn operating vs. term lending, yearly debt schedules, covenant analysis, monthly operating line analysis, and risk rating.
6h 30min
Renewable Energy - Solar Financial Modeling
4.8
Evaluate renewable energy projects: build financial models, analyze returns, and understand solar project development, funding, and key metrics.
1h
AI-Assisted Peer Group Selection
5.0
In this AI-Assisted Peer Group Selection course for financial analysts, use AI to select and evaluate comparables and stress-test your conclusions with rigor.
1h
Drafting a 3-Statement Model with AI
In this drafting a 3-statement model with AI course, you’ll learn structured prompts and Claude for Excel so you can draft high-quality financial models faster.
1h
Formatting a 3-Statement Model with AI
5.0
In this Formatting a 3-Statement Model with AI course, you will learn to use AI and Excel to apply consistent, firm-standard formatting to financial models.
1h
Auditing a 3-Statement Model with AI
In this Auditing a 3-Statement Model with AI course, you will learn to use AI to audit 3-statement models, find key errors, and protect model integrity.
1h 30min
Tesla Earnings Analysis - A Sell-Side Research Case Study
5h
RockCrusher Rentals
4.9
Become a credit analyst: review due diligence, recommend loan structures and pricing, optimize risk-adjusted return on capital, and prepare discussion papers.
1h 30min
Modeling Taxes for Different Business Structures
5.0
Build an income tax model using personal and corporate tax data. Master Excel shortcuts, tables, and functions like MATCH, INDEX, XLOOKUP, and Goal Seek for financial analysis.
1h 30min
Boss Brewing Inc. – Connecting Capital Structure & Credit Structure
4.6
Analyze borrowing requests, assess risks, and understand the impact of credit structures on capital. Compare scenarios and recommend solutions for lenders and borrowers.
1h 30min
AI Financial Modeling with Claude in Excel
5.0

Discover Free Financial Modeling Resources

Explore all of CFI's Financial Modeling learning and development resources.

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Indirect Method

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Trailing Twelve Months (TTM): Definition, Calculation, and Examples

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Excel Data Visualization & Dashboards Template

Financial Modeling Templates & Exercises

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Financial Modeling Financial Planning & Analysis (FP&A) Career Private Equity Webinars Investment Banking Artificial Intelligence (AI)

ARR Multiple: Definition, Formula, and Examples

Valuation Financial Modeling Articles

Good LBO Candidates: What Makes a Strong Leveraged Buyout Target?

Valuation Financial Modeling Private Equity Articles

Customer Concentration

Valuation Financial Modeling Financial Planning & Analysis (FP&A) Articles

3-Statement Model Template: Case Study and Excel Download

Financial Modeling Templates & Exercises

Why Learn Financial Modeling with CFI?

As one of the leading providers in online finance certification programs, CFI helps current and aspiring finance professionals reach their career goals. All of our financial modeling courses are designed by professional trainers with decades of experience training financial modeling at global financial institutions.

We offer comprehensive financial modeling education that combines theory with application to build real-world skills. All programs are online and self-paced, so you can learn in your free time and develop your skill set anytime, from anywhere.

Over 75% of CFI learners report improved productivity or competency within weeks.

With our financial modeling courses, you can learn how to:

Apply a structured approach to financial modeling
Outline the hallmarks of good financial models
Build a two-stage DCF business valuation model
Build a monthly FP&A cash flow forecast model
Build a financial model to analyze a business’ operations
Build a mergers & acquisitions model
Build a leveraged buyout (LBO) model
Build a real estate financial model
Build a start-up company model
Build a mining financial model
Build a renewable energy financial model

Who should take these courses?

Our financial modeling courses cover financial modeling for in-demand industries, such as real estate and ESG, to help current and aspiring finance professionals develop these essential skills for their future careers.

Investment professionals

Management consultants

Financial analysts

Registered Provider: National Association of State Boards of Accountancy

All courses are accredited by the Better Business Bureau (BBB), CPA Institutions in Canada, and the National Association of State Boards of Accountancy (NASBA) in the US. Most courses qualify for verified CPE credits for CPA charter holders.

Courses include video lessons, quizzes, and final assessments.

Frequently Asked Questions

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