In this article, you will learn about what is creative writing, how it differs from other forms of traditional English writing, and how you can improve your creative writing skills. Every one of us at a certain point might have wanted to write about something creative. This is a thought which crosses everyone’s mind at some point in their lives. Creative writing is all about using your point of view, imagination, and ideas to narrate a story or an event. Hence, to help you with this, we have listed the best creative writing courses in Edinburgh.
Many of us may have an innate passion for writing and want to enter the field of creative writing. This article will help you in clearing all your doubts about how to start writing, how to properly express one’s thoughts, how to write something original and imaginative, and how to develop the structure of a story. Here we will look into some of the best creative writing courses in Edinburgh.
What is Creative Writing and What Are Its Many Elements?
Creative writing usually means writing creatively using your imagination and ideas and taking your perspective on a particular subject. You can use your ideas, thoughts, and emotions to highlight a particular content or a theme. You can take a completely different perspective on a particular subject or an event that many previous writers may have missed out on.
It is usually considered as something completely different from other forms of traditional writing like business writing, academic writing, journalistic writing, or technical writing. One of the basic differences between creative writing and other forms of writing is the primary purpose behind it. For other forms of writing, the chief purpose is to give information about a matter.
But the primary purpose behind creative writing is to inspire, entertain and enlighten the reader. The main elements in creative writing are narration, plot development, character development, craft, dialogue, conflict, setting, tone, etc. It can be both fictional and non-fictional. Some of the main forms of creative writing are:
Fiction: short stories, novels, etc.
Non Fiction: personal or journalistic essays/compositions.
Poetry
Dialogues
Scriptwriting/Playwriting
Graphic Novels
Blogs
Some of the Main Elements of Creative Writing Are Discussed Below:
Plot: The plot is the most important part of a story, writers have to use their imagination and perspective to develop a unique plot. The plot is where your entire story is centered around, and having an interesting plot can greatly influence your reader.
Character Development: Character development means how your characters evolve and change during the story. Readers should be able to understand and attach themselves to the main character.
Visual Description: Visual description is how you depict the surroundings where the story is taking place. The writing should be able to induce vivid imagery in the reader’s mind.
Point of View: Point of view tells us from whose perspective the story has been narrated. Mostly in creative writing, the first person’s point of view is taken.
Emotional Impact: It is a very important part of your story development. The reader has to get emotionally connected with the basic plot or with the main character of your story.
To Get Started in the Process of Creative Writing You Have To:
Read a Lot: You must develop the habit of reading a lot, not only fictional pieces but also non-fictional pieces as well. Most creative writers get their inspiration and ideas from the legendary authors of their fields. You can read according to your taste in the genres.
Start Writing: You must develop the habit of writing daily; you can start by keeping a diary where you write about how your day went or any ideas that popped into your head.
Using Literary Devices: To become an efficient writer, you have to learn how to use various literary devices such as similes, metaphors, rhymes, symbolism, etc.
Attend a Creative Writing Course: If you are a beginner in the field, then you can attend a creative writing course. You will get the opportunity to collaborate and share your ideas with your peers and learn from them.
Before planning to enroll in any creative writing courses in Edinburgh, let’s ask an important question, can creative writing be learned?
Can Creative Writing Be Learned Through a Course?
Creativity is said to be a natural and inborn talent, and the same can be said about writing. In this regard, some people are innately more talented than others, but with enough practice, you can surely learn how to become a better writer. Even if you have all the ingredients of a talented writer, you may still have no or very vague idea about some of the important aspects of creative writing like creating characters, plotting, dialogues, etc.
And it is these aspects that can be learned and practiced. Writing too has a craft behind it, which has its rules and these rules can be learned or taught. While some courses focus more on the technical aspects like editing, others focus on more creative aspects like using imagination and out-of-the-box ideas.
Off course to become a distinguished writer, you have to work hard, it needs passion, dedication, and patience. These qualities cannot be taught or learned through a course though.
Some of the common job roles for creative writers are mentioned below, remember that it is not mandatory to have a degree in creative writing to enter into these fields.
Content/Article Writers: Content or article writers can typically write about any topics like travel, sports, entertainment, education, food, and health to name a few. You have to know the basics of SEO and how to write for your target audience. They usually write for websites, dailies, magazines, etc.
Copywriting: Copywriters write for mainly advertisements and other marketing functions. Their main job is to write catchy and engaging tag lines, product descriptions, and other publicity letters with the aim of motivating the reader to take an action such as a purchase or attending an event, etc.
Social Media Specialist: Social Media Specialists handle the social media account of either an individual, business, or organization. They write engaging content to engage and interact with the audience. They have to respond to the audience’s comments and they look after their brand image on social media platforms.
Authors: An author may choose to write in fiction or non-fiction categories. In the non-fictional part, he can write about biographies, memoirs, historical accounts, etc. In the fictional segment, he can write short stories, novels, novellas, poems, plays, screenplays, etc. Once their work is published, they are called Authors.
Bloggers: Bloggers usually write in an informal, dairy-styled format. They can also use photographs and other content media, they write in a way to engage and promote a conversation with the audience. They make use of basic SEO practices and it is usually used for the promotion of products or services.
Writing Tutor: A writing tutor helps students and aspiring writers improve their writing skills. They help students with their writing techniques, reading skills, comprehension, etc., by giving them regular feedback and one-to-one mentoring.
Public Relations Manager: A public relations manager is a communication professional tasked with handling the reputation of an organization or an Institution. They usually engage in writing press releases, articles for newsletters, preparing speeches for organizational leaders, and for managing advertisements and marketing materials. Their main aim is to nurture a positive relationship with the media. To work as a public relations manager, a degree in Public Relations, Journalism, Marketing, or a similar degree is required.
Copy Editors: The main responsibilities of a copyeditor are to make sure that the content is clear, consistent, and without any grammatical errors. They usually work for marketing, advertisement teams, and publishing companies.
Freelance Writer: A freelance writer writes about a variety of topics for their clients. They usually write press releases, magazine articles, blog posts, brochures, marketing emails, newsletters, etc.
Scriptwriters: Scriptwriters write scripts for movies or TV series. Here they collaborate with the director, producers, and actors to produce scripts that engage the audience and keep them interested in the narration of a story.
Now let’s take a look at the leading creative writing courses in Edinburgh.
The Top 10 Creative Writing Courses in Edinburgh
1. IIM SKILLS
IIM SKILLS is a premium online learning platform that provides professional courses at an affordable rate to its students. For the students who are curious about creative writing courses in Edinburgh, it is advisable to join their content writing course that is delivered with a creative approach. IIM SKILLS provides a fully bundled writing course that covers all content and creative writing elements. Joining IIM SKILLS can be your first step towards launching an illustrious career in the field of writing.
It is a one-month program with three months of Internship (optional) attached to the course.
They have their placement cell which provides full support for your freelancing career as well.
They provide free tools priced around 371 British Pound.
They provide lifetime technical and consulting support.
You will get a chance to publish your first E-Book on platforms like Kindle and Google Books.
Government-recognized certification.
Preparation for Certifications like Hubspot content marketing and Test of Legal English Centre Cambridge (TOLES).
Their Syllabus Covers the Following Topics:
Introduction to Content Writing: Here you will learn various content writing techniques, creating content for B2B and B2C markets.
Creative Writing: Starting your creative writing journey, writing for both fiction and non-fiction, writing short stories, poems, and dialogues.
Digital Content: Learn about 30 types of writings like copywriting, video scripts, article writing, blogging, Press releases, product descriptions, writing for social media, Emailers, brochures, and flyers to name a few.
How to Market Your Content: This module teaches you how to sell your content writing services, target the right audience, etc.
2. Scottish Universities International Summer School
The Scottish Universities International Summer School (SUISS) offers creative writing courses in Edinburgh during the months of July and August annually. They have a 4 weeks program that offers a specialized course in improving the writing skill in fiction, poetry, and drama. The participants can attend lectures about Modernism and Contemporary literature to develop their critical appraisal.
The Main Features of the Course Are:
Workshop Seminars: SUISS organizes writing seminars for the students.
Author-led Masterclasses: Students get an opportunity to interact with distinguished British writers in distinctive discussions and activities.
Lectures: students can attend lectures about Modernism and Contemporary literature.
Individual Mentoring Sessions: Students receive an individual mentoring session of about half-hour per week.
Publishing Lecture: Students will get lectures about the crucial aspects of the publishing industry.
Editorial Groups: Students can discuss their works with their peers in interactive and informal surroundings, keeping with their shared interests.
Northern Light: Students will get a chance to get published in their biennial publication.
3. Centre for Open Learning, The University of Edinburgh
The University of Edinburgh offers both in-person and online creative writing courses in Edinburgh for their students. Their course is split into three terms, and from each term, students can choose the topics they are interested in. Term 1 (September to December 2022), covers the subsequent topics:
Writing Audio Drama for Radio and Podcasts, screenwriting1: An Introduction for writing for Film and TV, writing that story, writing for publication, writing young adult fiction, fiction workshop, poetry in practice, short story writing, etc.
Please visit their website for more detailed information regarding their extensive creative writing course.
4. Screen Academy Scotland
The Screen Academy Scotland offers a MA in Creative Writing Course together with Edinburgh Napier University and Edinburgh College of Art. The main focus of the course is on the Fiction genre, with an emphasis on science fiction, fantasy, crime, and horror. They also specialize in comics, graphics novels, and Young adult fiction.
Students can apply for both MA full-time or MA part-time creative writing courses. Students will be able to learn both commercial and experimental fiction writing. Some other highlights of the program are you will get Masterclass feedback and 10 hours of individual editorial mentoring.
Write Here Academy offers the best quality; affordable online creative writing courses in Edinburgh for their students. It is a seven-week course, with one-to-one tutorials and weekly workshops. The maximum capacity is limited to 15 and it is allocated on a first come first serve basis. The course is open to both those who want to start writing a book and those who are in the process of writing.
Their course is taught by published authors and professional editors with frequent visits from literary agents and publishers. Their online course will help you in writing your novels and making it more strong thus improving the chances of your work getting published.
6. Coursera
Coursera is a prestigious US-based online course provider in a variety of fields. They have tied up with many prestigious universities around the globe. Students who are looking to learn through creative writing courses in Edinburgh can choose from their list of creative writing courses. They offer a variety of online courses on their platform for aspiring creative writers.
Some of Their Main Courses Are:
Creative Writing in Collaboration With Wesleyan University: This course specializes in three major creative writing genres that are short stories, narrative essays, and memoirs.
Write Your First Novel in Collaboration with Michigan State University: This course teaches you how to write a novel by the end of a course.
Good With Words in Collaboration With the University of Michigan: Some of the main features of the course are learning how to use syntax, how to add subtlety to your sentences and how to expertly use punctuations, and how to complete your projects within deadlines.
Creative Writing, How to Craft a Plot in Collaboration With Wesleyan University: This course mainly focuses on the most important and demanding aspect of writing a plot, how to keep it moving and engage with your audience.
To know more about their extensive courses in creative writing, please visit their website.
Gotham Writers is a New York-based writing institution, they have been teaching creative writing since 1993. They offer their courses in online mode as well. Those who are interested in learning creative writing courses in Edinburgh can learn from their prestigious institute as well. Their course covers all the major categories in creative writing such as:
Fiction: Here you can learn about fiction writing, novel writing, children’s book writing, mystery, science fiction, romance writing, etc.
Non-fiction: It covers the topics like Memoir writing, Feature article writing, essay, and opinion writing, travel writing, personal essay writing, humor writing, etc.
Scriptwriting: It covers modules like screenwriting, writing for TV, writing for a play, writing for a documentary and video games, etc.
Comedy, Poetry, and Song: Here you can learn about humor writing, poetry writing, songwriting, stand-up comedy writing, etc.
8. Reedsy Online Learning Courses
Reedsy Learning was founded in 2014 by Emmanuel Nataf, Ricardo Fayet, Vincent Durand, and Matt Cobb. Since then, they have vastly grown their business in the field of writing and they frequently collaborate with editors, designers, and marketers who feature regularly on New York Times bestseller lists. Those who are interested in learning creative writing courses in Edinburgh can choose their learning platform.
They offer a Free Ten-day Course on a Variety of Writing Topics Like:
How to Write Exciting Fantasy Fiction: Here you will learn how to write a good story, how to build a world around the characters, decide which Point of view to use in your story, and learn all about publishing options.
Turning Up The Heat in Romance: Here you will learn what are the conventions in erotic writings, how to create sexual tension, etc.
Writing an Irresistible Romance: This module teaches you the traits of a strong romantic character, creating conflict in a romance, using tropes and keeping them fresh, how to invest in secondary characters, etc.
They have about 18 courses to choose from, please visit their website to get more detailed information about their various courses.
9. edX Courses
edX is also an online learning platform like Coursera and Udemy which offers courses on almost all academic subjects. They offer their courses in various categories like Micro Bachelors Programs, Micro Masters Programs, Bachelor’s Degree, and Master’s Degree. Those looking to enroll in creative writing courses in Edinburgh should check their program.
Their creative writing program offers many courses like How to write a Novel, writing for Entertainment Industry, writing for stage, comedy, and poetry writing. And some detailed courses such as English Composition about stories, English composition about poems, English Composition about Plays, etc.
Udemy offers various creative writing courses on its online learning platforms. Students willing to learn creative writing courses in Edinburgh can choose from their online platform as well. Some of the main creative courses listed in their platforms are:
A Complete Creative Writing Course That Covers All the Genres: The main highlights of the course are learning to write in your unique voice, how to use various writing techniques, you will get publishing opportunities, and assignments to target your writing skills.
The Foundations of Fiction Writing: Here you can learn the foundations of fictional writing, how to write unique and engaging dialogues, how to create authentic and believable characters, and how to create authentic and realistic settings for your story.
Creative, Book Writing with Punctuations: This course deals with topics like writing essays, and paragraphs with the correct usage of punctuation, writing non-fiction books, learn how self-publish your book on Amazon.
Writing That Moves: This course teaches how to write a novel that keeps the audience engaged, mastering the important elements of writing a commercially successful novel.
You can visit their website for learning more about their online creative writing courses.
FAQs
Q1. What are some of the essential skills required to become a creative writer?
Ans. Some of the most essential skills needed for creative writing are a passion for writing, vivid imagination, how to come up with an original idea, having a point of view, good language and vocabulary, and good reading skills. These skills are more innate and come from within. While some other important skills like creating characters, structuring a story or play, dialogues, plotting, etc., can be learned and practiced.
Q2. Can we learn creative writing through a course?
Ans: To become a successful creative writer, you need some innate talents and creativity within you. Some of its main aspects like imagination, passion, ideas, patience, and a taste for literature cannot be learned just by attending a course. But some of its important crafts like building the structure of the plot, its characters, the style of writing, visual descriptions, etc. can be learned and with much practice, one can become a better writer.
Q3. What are some of the career paths one can take in the field of creative writing?
Ans: A creative writer can work as an Author, copywriter, blogger, freelance writer, scriptwriter, social media manager, content writer, writing tutor, marketing specialist, copy editor/proofreader, etc.
Q4. Is it a good idea to enroll in any creative writing courses in Edinburgh?
Ans: The short answer is yes; it is advisable to join creative writing courses in Edinburgh. It will teach you the craft of writing long novels and stories, provided you have a burning passion and desire to write and become a prominent writer.
Finance is undoubtedly a growing industry, and many students choose to work in it because it may lead to a position with a good salary. There are many well-paying career options available to them, including financial analysts, investment banking, financial advisors, accountants, and equity and other security analysts. However, the majority of them are students who are unsure of which specific area of this industry they want to concentrate on. Others with finance degrees find it challenging to start their careers because their knowledge is outdated.
A course in Financial Modeling may be the answer for them because it is in high demand right now and can potentially upskill the stakeholders who can help them get entry-level jobs. As a result, their persistent endeavors may lead to a lucrative position in this industry for them. Let’s talk about the Financial Modeling course benefits, which could help kickstart your finance career.
Table of Contents
What exactly is Financial Modeling?
Importance of Financial Modeling
Why are Financial Modeling courses gaining momentum lately
The Financial Modeling course benefits
No prior knowledge is needed.
Boost your profile and career opportunities
The best way to gain insight and land an entry-level job
Benefits for start-ups
Aid in company expansion
Aid in a better understanding of business.
There are benefits to analyzing the potential value of your company and lowering risk.
This aids in making critical decisions regarding budget strategy and cash flow statements.
Certification
FAQs
What is Financial Modeling?
Financial Modeling, to put it simply, is the process of developing financial models to analyze a company’s profit and loss while taking a close look at expenses and revenues on an Excel spreadsheet to ascertain its future position.
In today’s world of expanding business start-ups, every company, even a small company, wants its prospects, valuation, and statements secured. Thus, the need for financial modelers would increase tremendously.
Financial modelers currently make an estimated 7,82,161 rupees per year on average in the country, but after they gain expertise, they may make more than 15 lakhs per year. A suitable institutional Financial Modeling course is a good place to start if you want to advance in this field.
Why are Financial Modeling Courses Gaining So Much Momentum Lately?
Based on the above information, we can conclude at this point that the Financial Modeling course benefits are multiple. Since they are a niche skill set, Financial Modeling has become a must-have skill for any Finance Professional.
Corporate Finance: Companies utilize Financial Modeling to forecast future performance and set targets as well as allocate corporate resources for action expansion, mergers, acquisitions, and so forth.
Investment Banking: It is used to project company performance and helps them make better pitches to acquire or get acquired.
Corporate Banks: They estimate the future performance of a company and make lending decisions.
Research Teams: They estimate target prices for shares of a publicly listed company and form opinions on the company’s stock.
Private Equity Firms: Assess the risk and return from investments to better assess the company’s growth in various situations.
Credit Rating Agencies: Form their views on companies, forecast their performance, and issue ratings to the company and its debt products.
Mutual Funds: They better forecast the performance of the individual stocks.
Project Finance Companies: They forecast the financials of companies under various circumstances to meet client requirements.
Venture Capital Firms: They assess the risk and return from their investments to assess the company’s growth under various situations.
Analysis: Perform analyses for a particular company, unit, or project, including ratio, qualitative, and sensitivity analyses, etc.
The first from the Financial Modeling course benefits is that it doesn’t require any prior accounting or other knowledge to continue with the course. Thus, it provides an opportunity for freshmen in BCom, BBA, and MBA to enter the finance industry.
The Different Types of Financial Modeling That You Will Learn in Financial Modeling Courses.
Three-statement Model: The three-statement model serves as the cornerstone for a more intricate model. The income, balance sheet, and cash flow statements are connected by this statement. Finding the company’s overall financial situation is made easier thanks to it.
The DCF Model: To determine the value of an investment based on cash flows, a discounted cash flow (DCF) is used. The DCF is calculated using a discount rate to derive the present value of the cash flow.
Model for Mergers and Acquisitions: This model is used when two or more businesses merge with mutual consent. The procedures that must be followed are projection, valuation, pro forma adjustments, and deal accretion.
The Leveraged Buyout (LBO) Model: This model is used to calculate fair value when the acquiring company has borrowed money to complete the acquisition.
Credit Rating Modeling: Banks and NBFCs use credit rating modeling when making a loan to a business. They created this model to assess the firm’s worth, credibility, and interest rate.
Initial Public Offering (IPO) Model: Investment bankers use the IPO model to analyze their clients’ businesses just before they launch them to the general public. They estimate the price at which investors would be prepared to purchase the business.
2. Boost Your Profile and Career Opportunities After Graduation
A Financial Modeling course benefits you as it makes you more visible to employers and opens up many opportunities. A lot of industries require professional financial modelers, like, for companies:
Investment Banks
Credit rating agencies
Equity research sector
Mutual fund sectors
Financial KPOs(knowledge process outsourcing)
Project finance companies
Roles That Can Be Assigned to You:
Business analyst,
Risk analyst,
Finance analyst,
Investment analyst,
An equity research analyst
Many graduates, and even those with advanced degrees, find it difficult to begin their careers in finance, but an engaging Financial Modeling course benefits would undoubtedly help them and give them confidence.
3. The Best Way to Gain Insight and Land an Entry-level Job
The third benefit of the Financial Modeling course is that your skills will be enhanced because, in the real world, employers are looking for candidates with strong modeling abilities for entry-level positions.
Anyone who has completed their 10+2 can enroll in this course, but students with a bachelor’s degree in finance, statistics, computer science, or mathematics, or MBA holders will be suitable for it the most.
Top Companies are Currently Hiring for Financial Modeling Jobs:
Infosys
Young turtle LLP
Zetta women
HCL Technology
The UN Development Programme (UNDP)
Amazon
ACCENTURE
GENPACT
WIPRO
4. A Financial Modeling Course is Extremely Beneficial for Start-ups
The fourth benefit of a Financial Modeling course is that the financial model is pertinent to start-ups or small businesses because it will be an important factor for the success, longevity, and sustainability of an entity.
However, most people who are unaware of the value of a financial model see no point in creating one because they consider it to be nothing more than a guess.
Gaining the most insight into the business is made possible by optimal Financial Modeling. This course could be useful for someone who wants to launch a business, or else many start-up leaders are looking for this position.
How Financial Modeling Course will be Beneficial to your Start-up
Focus on cash inflow and outflow.
Focus on cost and expenses.
Focus on making business clear to investors
Mentions all revenues
provide for the realistic growth of the company.
A good financial model that explains and predicts your business is necessary for investors if you are planning to launch a new business, so you should have that ready. Some points that investors look at in your financial model before investing in your start-up:
You must have included monthly data in your model with an easy layout.
Your model must be able to calculate the exact amount of capital you need.
Your model must include key drivers and assumptions.
Your model must be clear, simple, and understandable so investors do not have difficulties with it.
Make sure your information is consistent so that investors have confidence in it.
Sources of income should be specified in detail.
In the early stages, personal expenses are significant, so costs like wages and marketing must be considered.
All of this requires the ability to analyze financial models effectively, so enrolling in top-notch Online Financial Modeling Courses will be beneficial.
5. It will Help to Promote the Expansion of your Company
Each type of business, no matter its size or stage, aspires to keep growing, and small, medium-sized, and large corporations all profit from their unique types of Financial Modeling. Financial and economic models assist them in securing their expansion and sustainability by reducing uncertainty through risk forecasting.
Some Information on How a Financial Model Aids in Business Growth:
Ensure the Success of Your Business. A well-designed financial forecast model can help you determine the future viability of your business by identifying the risk the company faces when entering a new market and the liabilities the company has.
All-inclusive: Previously, Financial Modeling was only available to large corporations, but it has recently become clear that all types of businesses can benefit from it.
The Forecasting Approach: a financial forecasting model can calculate future performance through the assumption-approach method and determine the validity of business expansion.
Scenario Testing for Business Prevention: In scenario testing, scenarios are created based on future events to ascertain their impact on business. By doing this, it is possible to avoid many business failures. For instance, during the COVID era, many companies failed because they lacked precise future assumptions.
6. It Will Help You to Have a Fundamental Understanding of Business
The sixth benefit of a good Financial Modeling course is that it will assist you in creating an effective model because only an effective model will enable you to understand your business. Internal and external factors are taken into account before making a decision.
At the same intervals, a periodic review is conducted, scenarios are built, past performance is analyzed, and all of this aids a financial modeler’s understanding of business, and quick decisions are taken. In conclusion, it helps the parties involved come to a decision quickly and effectively, giving the entity an advantage over rivals in the market.
7. Help You in Analysing the Potential Value of Your Company and Lower the Risk
When you need to raise money for an expansion or change in ownership, sell shares to a third party, or when you need funds, business valuation becomes crucial.
The financial model course benefits you to determine the value of your business and assess how it stacks up against those of other competitors in your industry by using the DCF (discounted cash flow) model.
A three-statement model based on the net present value of the company’s future cash flows serves as the foundation for the DCF model.
The DCF model takes the three-statement model’s cash flows, makes the necessary corrections, and then uses Excel’s XNPV function to discount the cash flows back to the present at the company’s weighted average cost of capital (WACC).
Since the financial model serves as a guide when entering a new market or when prices or policies change, it ensures that risk is kept to a minimum.
8. Aid in Taking Critical Decisions Regarding Budget Strategy and Cash Flow Statement
The next in the Financial Modeling course benefits is that you learn how to create budget models so that you can create budget handling strategies. You can evaluate the cash flow requirements the business would need. Standard practice is to create the budget model using monthly and quarterly figures. In addition, the course aids you in making critical decisions about:
enhance capital
purchases of assets or businesses
investment allocation
expanding the company’s current sphere of influence
Value-adding to a business
Estimating and planning a budget
Purchasing and selling business units and assets
9. Easily Accessible and Affordable Courses
Following the COVID outbreak, there has been a dramatic increase in online institutions. Since no institutions offer this course, students have a wide range of options, which leaves them in a pickle.
It would be pointless to start a course from a lowly foundation. Selecting a reputable institution is a decision that students must make to benefit from a Financial Modeling course because it will undoubtedly affect their prospects.
The good news is that there are some genuinely valuable institutions offering top-notch programs that are simple to access and affordable. Additionally, the courses are flexible to fit your schedule. Regarding the Financial Modeling course fee structure, it ranges from Rs10,000 to Rs90,000 depending on the facilities and reputation of the top universities.
10. Certification
The Financial Modeling course’s major benefit is certification. Certificates serve as evidence of accomplishment and proficiency. It shows the employer that the applicant has the motivation to set and achieve a goal. An individual with certification inspires greater confidence. It aids in personal growth.
Certificate Benefits:
You gain a competitive advantage because having a recognized certification sets you apart from others, which is crucial in today’s market.
The establishment of professional credibility is assisted by certification. Both public and private sector organizations favor certified consultants. It would therefore increase your reputation.
Certification will increase your earning potential and open doors to the corporate ladder.
FAQs
Below are the FAQs about financial modeling course benefits.
Q1. Which university offers the best and most affordable Financial Modeling course benefits?
IIM SKILLS, the best learning facility in Asia, needs to be your top priority. In 2015, Vaibhav Kakkar, the founder, established it. They offer a variety of courses, including Financial Modeling as well as content writing, technical writing, cat coaching, finance programs, and digital marketing. It provided the best financial modeling course benefits.
Q2. Who should enroll in a financial Modeling course?
Along with bachelor’s and master’s degree students, 12th-grade students can enroll in these courses.
Q3. What are the best job profiles for Financial Modeling?
An investment banking analyst
An equity research analyst
Associate
Q4. What is the financial analyst’s salary structure in India?
Depending on experience, employer, skills, location, and other factors, salary structures range from 4 lakhs to 15 lakhs per annum in India.
Q5. Are financial models complicated?
If you decide to learn Financial Modeling on your own, you may find it to be somewhat difficult, but with industry experts, it becomes simpler. It’s beneficial to take a course in Financial Modeling.
Conclusion
From the information, we can conclude that the significance of Financial Modeling courses originates from their capability to enable better financial and strategic decision-making. They help the concerned stakeholders understand the future growth potential of the company. That’s why the number of institutions providing Financial Modeling courses is increasing day by day.
However, choosing the right institute for building your career in Financial Modeling is very crucial and you should check the curriculum and student reviews before opting for any institute. These are the benefits that come with enrolling in a top Financial Modeling course. I hope this article explains the Financial Modeling course’s benefits and dispels any remaining doubts. So here we conclude the guide to financial modeling course benefits.
If you are an accounting professional, or seeking a job in the finance/accounts sector, and want to gain an extra edge in your career, then this knowledge will surely help you channel your efforts. Financial modeling opens the path for many career options. These details and information about financial modeling will address your queries and concerns if you are based in New Zealand and want to study financial modeling. In this article, we have compiled as much information as possible on the financial modeling courses in Auckland.
What is Financial Modeling?
Financial Modeling is a skill that is a must for all accounting professionals. A financial model, which is the most important part of financial modeling, forms the base of the decision-making process in almost every business.
If we put it in simple terms, it is a decision-making process through which we can summarize and evaluate a company’s financial statements with the help of an Excel spreadsheet.
It requires you to make certain assumptions based on facts and figures and help advise your company in its financial decision-making process.
Looking for other creative courses for lucrative careers? Check-in here:
A shoe manufacturing company wants to use cheaper shoelaces. This will reduce the cost of goods sold and increase the profit margin. However, there can be negative cash flow because they must pay in advance.
Their accountant recommends forecasting the expected costs and sales to check whether they should adopt and implement this idea or simply continue to manufacture with the shoelaces of the original price.
First, they prepare a plan to check whether the advance payment for cheaper price shoelaces is blocking the company’s free cash flow or will be manageable. Based on the results, it appears that the company has had negative cash flow for about 7 months as they must wait for the shipment to arrive from China.
But once the shoes are manufactured and sold, it will be positive. So, this brings us to a very important point to understand. Financial Modeling may not be able to avoid any losses in business, but with the calculations and models, you can predict the losses and minimize them. Also, it’s very important to keep a check on the financials and make necessary changes whenever required.
So, a lot depends on the analyzing and problem-solving skills of the person preparing the model. Making a model, and inputting figures into it is on one side, and making predictions based on those results is the second part. While both things are equally important in the process, they are related and dependent upon each other.
Get a detailed guide about the other most trusted courses for a rewarding career:
The financial modeling course helps to enhance participants’ capabilities and skills so that they can professionally learn the concept of valuing a business and use those numbers and inputs to make and analyze financial statements that will act as a base for making company decisions.
Good financial modeling courses can help enhance your understanding of scrutiny, enabling you to predict future business decisions. Based on the framework you present; owners can decide whether they want to accept and be a part of the project or not, and bankers can decide about funding the project.
Once your basic financial model is ready, any modifications in the business policies and financial figures can be easily changed, and you can make fresh assumptions. Let’s see why to opt for Auckland to pursue financial modeling courses.
New Zealand is the perfect choice to study for international students as it offers a world-class educational system. All the universities comply with global standards and are approved and supervised by the government to make sure that the students receive an exceptional level of education and that there is no compromise when it comes to any kind of course.
If you are not staying in New Zealand, you can study online without a visa. But if you wish to study in New Zealand, you can apply for a student visa. If you are planning to study overseas, then Auckland must be the choice for you. So, start making a list of the institutes offering financial modeling courses in Auckland.
Auckland has to offer a lot of study options and a plethora of job opportunities to choose from. There are a lot of institutions that provide high-quality educational courses for undergraduate, post-graduate/Master, and Diploma. New Zealand offers internationally recognized academic qualifications that help participants with the skills to compete and succeed anywhere in the world.
Not only the universities are located amidst scenic views, but they have also been ranked among the top universities globally for a variety of courses. Some of the well-known universities in Auckland, New Zealand are Massey University and the University of Auckland.
Let’s Have a Look at Reasons to Study Financial Modeling Courses in Auckland :
Rated as the most liveable city in the world in 2021 as per the Economist Intelligence Unit’s annual survey.
New Zealand’s largest city and one of the fastest growing cities in terms of career opportunities in many sectors.
Exposure to diverse cultures and residents is super friendly and makes you feel at home away from home.
If you wish to fund your fees, then you can choose to do any part-time job for up to twenty hours a week.
About 200 different cultural groups from around the world form a part of Auckland, and hence it has a rich cultural mix that is represented by restaurants, meeting places, events, music, and art.
There are several industries, or we can say sectors that you can explore after you complete the financial Modeling course. To name a few, you can work in sectors like Corporate Finance, Investment Banking, Equity Research, Management Consultancy, Private Equity Funds, Hedge Funds, Venture Capital Funds, Transaction Advisory Firms, Commercial Banks or NBFCs (Non-Banking Finance Companies), Financial Due Diligence Firms, Research and Outsourcing Companies. This list is endless.
Each sector or role will require different types of models and you must design and plan your work accordingly. Say for example in Investment Banking, you will be required to present models and analyses for both buyer and seller sides. In Equity Research, you will use the discounted cash flow method, comparable company analysis for the valuation of equity shares, and its analysis.
In Financial Due Diligence firms, you will be checking financial models prepared by other firms or another team in the same firm. In Research and Outsourcing Companies, you will project financial statements of multiple business ideas.
Benefits of Learning Financial Modeling Courses in Auckland?
To be able to prepare and analyze financial models is a pre-requisite for many jobs or roles in sectors like Corporate Finance, Investment Banking, Equity Research, Management Consultancy, Private Equity Funds, Hedge Funds, Venture Capital Funds, Transaction Advisory Firms, Commercial Banks or NBFCs (Non-Banking Finance Companies), Financial Due Diligence Firms, Research and Outsourcing Companies.
If you are working in any of these sectors, then the knowledge of financial modeling will enhance and sharpen your skills. In case you want to work in any of these sectors, then learning financial modeling will give you an extra edge over others and help you get a better position in your career.
How Much Time Does It Take to Specialize in Financial Modeling?
The financial modeling course can be from 7 days to 3 months. In some institutions, it is offered for even a day, or in some cases, they offer it for a longer duration. For some institutes, financial modeling is a part of a major course and hence it is just offered for a semester for a course that lasts for up to 3 years.
Now, this was about the course duration. The actual time one will take to learn financial modeling will depend on one’s capabilities and skills. Also, a lot depends on the exposures and experiences you get during and after the course. A few institutes offer internships after the course and that is the best way to gain hands-on working experience before entering the corporate world.
List of 5 Institutes Offering Financial Modeling Courses in Auckland
Financial Modeling is a career option that is becoming one of the most sought-after in today’s times. Many institutes are offering financial modeling courses, but it is very important to choose the correct institute. Below is the list of the 5 best financial modeling courses provided by well-known educational institutes in Auckland:
The main advantage of joining this IIM SKILLS’ excellent financial modeling course in Auckland is that classes are conducted LIVE online, so you can attend the classes from anywhere in the world.
To date, they have trained over 15000+ students in different courses from over 35+ Countries across the Globe. All the courses are job-oriented and help to explore the most basic to advanced concepts via theory and practical lectures, and tasks.
Main Highlights of the Financial Modeling Course by IIM Skills which makes it one of the Best Financial Modeling Courses in Auckland:
Interactive live online course
Flexible scheduling
Practical assignments
Hands-on learning
Dedicated placement cell
100% interview guarantee
Tool-based practical learning
Mentorship by top-level professionals
Community access to the alumni
Students can watch recorded live sessions anytime
If you are not satisfied with the course, a fee-back guarantee
Massey University has emerged from a humble agricultural college in Palmerston North to one of the largest residential universities in New Zealand. The university has expanded across three campuses and manages its teaching and research departments in five colleges. Their integrated academic structure also supports multidisciplinary study and analysis.
Let’s Have a Look at the Financial Modeling Course Details:
Course Name: Financial Modeling
Fees:
Domestic – NZD $780.95 International – NZD $3,915
Course Highlights
Generate spreadsheets using appropriate design elements.
Execute valuation systems for financial assets and investment opportunities using spreadsheet models.
Investigate risk and return using Excel spreadsheet functions.
Use statistical reasoning and linear regression to solve financial problems.
Get more course-related information
Phone Number: +64 6 350 5701
Email Id: contact@massey.ac.nz
3. Victoria University of Wellington
This University has 3 campuses in Wellington. The University is ranked in the top 100 universities in the world for 11 subjects. It ranks the highest in New Zealand for emphasis on research. Students can choose from more than 170 subjects and all the courses are backed by imparting theoretical and practical skills through internships, field trips, and research projects.
Course Name: Financial Modeling
Duration: 1 trimester
Fees: Domestic – $2066.85 NZD International – $4106.4 NZD
Get more course-related information
Phone Number: +64 4 472 1000
Email Id:info@vuw.ac.nz
Course Highlights
Make financial models that link theory to practice
Establish programming and modeling skills using Excel and Python
Use programming and modeling abilities for a variety of applied financial questions
Learn to create your financial models to apply practically in solving a range of financial problems
4. Knowledge Hut
Course Name: Financial Modeling with Excel Training
The Financial Modeling with Excel Training Course is conducted through live and interactive training sessions conducted by top industry experts. You will receive guidance and support in using Excel tools to develop models and perform analysis.
5. Henry Harvin Finance Academy
Henry Harvin Finance Academy imparts professional skills through an action-oriented learning system. The academy was established and inspired by Mr. Henry Dunster’s contributions to the education sector. The syllabus of the courses provided by Henry Harvin is designed specifically based on the current and future requirements of the industry.
Course Highlights
40 hours of course completion time
24 hours online interactive sessions
Practical exposure to hands-on projects
100% assistance for an internship which will help students learn a practical approach
100% placement assistance for a year once the course is completed
Online access to all the assignments, video tutorials, and more
1-year gold membership in the academy
CFMP Hallmark to your name
Free access to more than five soft skills courses
Learning Benefits
Acquaintance with recent financial techniques
Development of Excel creation skill
Development of ratio analysis skill
Improvement in one’s financial analysis and forecasting skills
Development of financial reporting skill
Are Financial Modeling Courses Worth it?
Certification in Financial Modeling can help individuals explore plenty of career opportunities in the accountancy and finance sectors. Some institutes offer independent financial modeling courses, while a few offer it as a part of some other finance-based courses. You can choose a course depending on the time you have.
Also, do have a look at the syllabus before enrolling for the course, since the course should focus on the financial models and their implications and analysis. So, the answer to the most common question is – Are financial modeling courses worth it? Will be Yes.
But only if you choose the right course that offers an in-depth analysis of financial models and practical approaches. So read all the course details carefully for all the available financial modeling courses in Auckland.
Frequently Asked Questions
Q1. Are Financial Forecasting and Financial Modeling the same?
Financial forecasting and financial modeling are somewhat related to each other but not the same. In financial forecasting, you must determine the expectations of future results. Now based on these financial forecasts, financial modeling uses certain models and helps the company in its financial decision-making process.
Q2. Do we need any prior learning or experience before enrolling for the course?
Basic knowledge of Excel helps me learn the curriculum much faster. You will be working on Excel and using it as a base for all your financial models. So, try and get basic knowledge in Excel to learn financial modeling courses effectively, since a solid foundation will help in your financial modeling journey. Also, it is important to have a strong understanding of accounting since finance or accounts will act as a base for all the decisions.
A few other points are required like problem-solving abilities, paying attention to details, understanding, and reading financial statements, and strategy making. But all these skills can be achieved as you learn and grow. But the important ones or prerequisites will be – a basic understanding of Excel and a strong accountancy background. So do keep in mind that before you apply for any of the financial modeling courses in Auckland, learn Excel and accountancy.
Q3. What are the types of financial models?
Here are the 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
The sum of the Parts Model
Consolidation Model
Budget Model
Forecasting Model
Option Pricing Model
Q4. What is the fee structure of Financial Modeling Courses in Auckland?
The fees for the financial modeling courses in Auckland can vary from $100 (can be even less) to $1,000 (or more). The fees will depend on many factors, such as the institute name (its reputation), syllabus of the course, job support after the course, faculties, and hands-on experience, online or offline. But before choosing the course, make sure you check the fees. It’s not necessary that the course which charges a huge amount of fees will be good. Also, some of the courses offered by reputed institutes charge the highest amount of fees but are not worth it. Among all, IIM SKILLS’ tools-driven financial modeling course in Auckland is worth investing in for higher career opportunities.
Q5. Who can enroll in the Financial Modeling Course?
To pursue any of the financial modeling courses in Auckland, you need to have a basic understanding of Excel and an accounting background. Working professionals in finance or accounting sectors can enroll in this course if you wish to explore more career opportunities or want to enhance your skills. If you are a fresher and studied accountancy or commerce, then also you can learn financial modeling.
Conclusion
Financial Modeling course is in huge demand in today’s time. With almost everything going online, you can choose to either pursue this course offline or online. Let’s summarize the important points you should keep in mind before deciding upon the best financial modeling courses in Auckland:
Choose the course that suits your time and fee requirements. The course that charges high fees doesn’t need to be the best.
Always inquire about the placement assistance provided at the end of the course.
Make sure you have a look at the course syllabus before enrolling.
Always choose a course that offers a hands-on learning experience and support.
Interested in knowing about the best financial modeling books that can help you kickstart your journey into the world of finance? Fret not, here we have compiled a list of the top books for students, professionals, and basically anyone inclined to learn about financial models and valuation methods. These books will hopefully be your gateway to an incisive understanding of everything that encompasses financial modeling. you will glean knowledge of the components of financial models that will help you make a rewarding career in this lucrative sector of the finance industry.
We cannot emphasize enough how financial modeling has gained importance over the past few years owing to its intrinsic nature of being able to provide a canvas to budget and forecast the performance of a business.
This helps in generating profits, identifying investment opportunities, and helps with understanding the strengths and challenges of the business enterprise. Thus, the use and impact of financial modeling are multitudinous.
Financial modeling does not just help to surmise a company’s financial health by analyzing the expenses and earnings but also helps to prepare a detailed report on how to make the maximum profits through judicious investment opportunities.
Whether it is raising capital, aligning the business objectives with the finance of the business, or making key decisions like mergers acquisitions, and other capital investments financial modeling, today is paramount for businesses that want to explore and grow.
There are a plethora of ways by which you can learn financial modeling thoroughly. There are plenty of blogs, videos, and courses available to you.
You also have impeccably formulated, meticulously written financial modeling books that can help you gain an enhanced understanding of financial modeling through practical examples, exercises, and a step-by-step organized approach to the learning process. These books enable you to make informed decisions while creating financial models for businesses to undertake crucial decisions.
Here is the list of the top 15 financial modeling books that will help you gain in-depth knowledge of financial models, financial modeling valuation methods, and financial statements.
1. Financial Modeling – A Practical Guide to Investment Banking and Private Equity By Paul Pignataro
This is one of the top-rated books especially aimed at beginners. However, this book can also be consulted by any professional who is looking for a top-grade book to understand financial modeling in detail.
The book is great for people who aspire to become investment bankers, want a thriving career in corporate finance, or want to build a successful career as a private equity analyst. Investment banking is one of its most elaborately explained chapters.
You will develop an understanding of important financial modeling techniques and garner information on the core characteristics of mergers & acquisitions, investment banking, and private equity among others.
You also learn in extensive detail about valuation methods and financial statements. It will act as a trustworthy guide when you venture into the fields of investment banking and business.
If you diligently want to pursue financial modeling, sign up for a free demo of the best Financial Modeling Course.
2. Financial Modeling by Simon Benninga
This unique book by Simon Benninga needs no introduction. It is one of the most popular financial modeling books recommended by experts all over the globe to master the advanced components of Excel along with grasping financial modeling exhaustively.
Different essential components that make up financial modeling are covered in the book. This includes significant Excel functions. Whether you want to auto-didact or use it as a reference for your financial modeling course, this book can be an excellent guide to help you understand the complexities of financial modeling topics.
You learn about the different methodologies of creating financial models to help you with an incisive understanding of implementing financial models. It can be used by beginners, intermediates, and professionals.
The book incorporates all the latest information on financial Modeling and helps you with advanced recommendations to fine-tune your financial models. Whether it is the Monte Carlo method or the Neilson -Siegel Model, this book has you covered with the basic to the most advanced concepts.
Last but not least, one of the best highlights of the course is that the new iteration comes with a code that helps you to download learning resources and materials including Excel worksheets to fortify your knowledge with the practical implementation of your learning.
3. Financial Modeling for Business Owners & Entrepreneurs by Tom Sawyer
This book as the name suggests is aimed at business owners and entrepreneurs and can be regarded as one of the best financial modeling books to refer to. Whether you are a chief financial officer, executive, or manager of a company, this will help you with the basic and advanced principles of financial modeling to create a prudent business plan.
You also learn important topics like crisis management and how to analyze different financial statements of the business to make efficient calls that align with the business goals and objectives.
This book provides comprehensive details of techniques and systematic planning through financial modeling to help business owners skillfully formulate strategies to better the performance of the business.
Whether it is to get the right funds or strategies to smoothen business operations, the book helps entrepreneurs grow their businesses while keeping in mind the mission and objective.
4. Finance and Investing by McGraw Hill
Whether you are a beginner in the corporate world or a professional with years of experience, this book will help you garner the most desired skills in financial modeling. It will enable you to understand the core financial modeling concepts and go a long way in helping you secure that coveted job in the financial modeling industry.
There are no prerequisites to learning from the book and it is one of the most recommended books for beginners. The clarity and accuracy depicted in the book regarding different financial modeling concepts as well as Excel functions make it one of the top financial modeling books for students and professionals today.
You will learn the fundamentals and advanced elements of financial modeling including financial statements, accounting concepts, and essential Excel functions.
You will also become well versed with different Excel jargon and glossaries that will help you to analyze and implement financial knowledge into Excel sheets to create detailed financial models with precision.
5. Financial Modeling In Practice: A Concise Guide To Intermediate And Advanced Level By Michael Rees
Financial modeling by Michael Rees is ideally suited to professionals from intermediate, and advanced levels who want to gain an incisive understanding of financial modeling further to increase the chances of more lucrative job positions in financial modeling commensurate with their skills.
This book helps you to imbibe the nitty-gritty of analyzing important financial statements – the income statement, cash flow statement, and balance sheet.
You learn to read the statements comprehensively and build models based on the historical data collated from them. Detailed instructions regarding Excel functions and significant exchange Excel tools are provided to help you become conversant with MS – Excel.
Whether it’s risk modeling valuation methods or analyzing and executing a diverse range of models for a variety of situations this book successfully offers you advanced training in financial modeling.
6. Modeling Financial Markets by Benjamin Van Vliet and Robert Hendry
This book helps you to do away with the dependence on software and helps you to understand and implement efficient modeling methods. They incorporate the implementation of code in financial modeling to do away with the discrepancies while working with the software.
You learn about financial markets and novel strategies with Excel which will help you to create financial models. A thorough reading of this book will also help you to understand and develop your own financial coding methods for effective financial modeling.
7. Building Financial Models by John Tjia
This is one of the best financial modeling books that acts as an instructional guide for students and professionals who want to venture into the world of financial modeling. With a heavy emphasis on the presentation aspect and the creation of precise financial models, John Tjia helps users easily implement their learning in practical assignments to become a pro at financial modeling.
This book is a guiding light for you to increase all the skills required to excel in a finance career. The techniques and strategies mentioned are the latest and the instructions given have the characteristics of brevity and clarity which help you to master the fundamentals as well as the advanced elements without any difficulty.
This book is a must for beginner financial modelers who want to become well-conversant with financial modeling terms and jargon. You do away with any ambiguity and efficiently formulate mathematical computations with Excel. You can then implement all that you learn in Excel worksheets to assess your understanding of the concepts.
8. Financial Modeling by Daniel Wetterau and Joerg Kienitz
This book is one of the most in-demand financial modeling books that ensure that students and professionals learn to incorporate a vast array of financial models through implementation and rigorous practice with MATLAB Score.
The authors have written the book in a manner that covers all the theoretical and practical aspects of financial modeling. It is a compilation of elements of financial modeling including simulation techniques, calibration, and option pricing. You also get to master the different financial models including Heston, Bates, SABR, and Monte Carlo among others.
9. Financial Forecasting Analysis and Modeling by Michael Samonas
This book on financial modeling encompasses financial forecasting, financial analysis, and reporting and financial modeling for long-term gains. It also includes comprehensive chapters on planning, budgeting, projection, sensitivity analysis, the Monte Carlo Method of financial modeling, and more.
Through a rigorous learning approach, they provide a step-by-step guide through the entire process of project development. You learn how to accurately make predictions for the business to generate profit in the long run.
This book gives you a variety of features to help with creating robust financial models that offer flexibility and help in the effective implementation of important decisions.
Other than giving you a detailed idea of financial modeling concepts, the book helps you learn iMS Excel comprehensively. Risk analysis and sensitivity analysis are projected accurately and concepts like Excel scenario manager, and Monte Carlo simulation are covered in-depth.
Note that it is a Professional level book that deals with advanced concepts of Financial Modeling and Excel. You work with different variables and gauge the possible outcomes by creating financial model plans.
However, since it is an advanced book professionals and people with considerable years of experience in the finance sector can benefit immensely from this by understanding the critical components of financial modeling and how to accurately plan and disseminate information that is of use to the stakeholders.
10. Financial Modeling A Backward Stochastic Differential Equations Perspective By Stephanie Crepey
The list of best financial modeling books is not complete without this excellent book by Stephane Crepey. This book teaches a mathematics framework for option pricing, and risk management, and emphasizes the importance of differential equations with a focus on how to create financial models taking into account all factors.
This book is an excellent fit for people who have a natural inclination toward statistics, mathematics, and business mathematics and want to understand mathematical computation frameworks to make the best use of financial modeling techniques.
11. The Mathematics of Financial Modeling and Investment Management by Sergio Focardi and Frank Fabozzi
It has been time again reiterated that people who want to make a successful career in financial modeling should have a knack for mathematics, economics, business mathematics, and statistics to be able to grasp the concepts of financial modeling incisively.
This book is one of the top books for people with a penchant for numbers. This book covers advanced concepts and hence is not ideal for absolute beginners. People with a few years of experience and professionals in the financial modeling world are ideally suited for this book. This book covers all the concepts intrinsic to quantitative Finance and relevant topics.
12. Financial Analysis and Modeling using Excel and VBA by Chandan Sengupta
This book by Chandan Sengupta is one of the top financial modeling books that helps you to understand visual basics for applications VBA in-depth. This book delves deep into VBA and enables you to understand how to incorporate it into your financial models.
You can create graphs, reports, charts, custom forms of data, processing, automation, and a host of other functions with the VBA feature in Excel. Some of the other concepts covered are data analysis, sensitivity analysis, statistical analysis, and tables.
The book has a range of practical projects that help you to learn these concepts with the hands-on learning approach by following the step-by-step processes mentioned in the book. This book is a gold mine for candidates interested in rigorous VBA practice to upskill and become proficient in financial modeling.
13. Handbook of Financial Modeling by Jack Avon
This book is ideal for people who want to pursue investment banking & management. Along with a meticulous approach to help you understand investment management they also provide you with learning financial modeling to become a 360-degree financial modeler efficient in handling complex business decisions and providing solutions for the same.
You will look at a career in finance in a new light and the book will help you to apply financial modeling concepts bolstered by fundamental knowledge of accounting and Finance components. Whether it is successful ideation, implementation, execution, or designing functional financial models, everything is covered in detail in the book.
You also learn how to disseminate the important points derived from these financial models to the relevant parties to suggest and offer solutions for the smooth running of the business and to generate profitable investment opportunities.
14. Equity Research Analysis Best Practices by James Valentine
This book, as is evident from the title, is one of the top books focusing on equity Research and Analysis. It is particularly suited to people who want to understand the nitty-gritty of equity research analysis and want to have a thriving career as an equity research analyst.
The book provides all the necessary resources, techniques, strategies, and learning to understand the core properties of equity research. Some of the concepts covered in the book are financial modeling valuation, Finance Excel functions, and VBA.
Most importantly, you learn impeccable communication skills from this book which helps with relaying information of import to senior management of the business. Along with this, the book offers relevant information regarding the financial industry and market.
15. Mastering Financial Modeling In Excel by Alistair Day
Our list of the top financial Modeling Books could not be complete without this exemplary book that helps you to master financial models and gives you an in-depth knowledge of Microsoft Excel.
This book by Alistair Day is a compendium of techniques and strategies to make complex financial issues easy to comprehend all the while maintaining the accuracy and relevance of financial models.
You learn about spreadsheets like Excel, the different valuation methods, processes of risk analysis, testing, and scenario analysis to gauge the feasibility of decisions made through financial models.
One of the best features of this book is that it helps you with an extensive understanding of Finance Excel functions and formulas that help you to explore new variables and work with them to bring more accurate results to achieve the business objectives.
FAQs
1. What are the key skills to acquire to become a pro at financial modeling?
Some of the key skills to acquire to become an adept financial modeler are as follows:
Advanced Excel Skills
Analyzing financial Statements incisively
Being Proactive in Risk Management
Problem-Solving Ability
Collating Historical data and finding the most relevant information from it
Forecasting and Budgeting Techniques
2. Can financial modeling books help me learn advanced concepts for creating financial models?
Financial modeling books are great resources for anyone interested in learning financial modeling. They teach you the principles of perceptiveness, the importance of meticulous attention to detail, and the ability to distill huge amounts of data to comprehensively format them for management. They also offer practical training and exercises that help to further strengthen your skills in financial modeling. They are a treasure trove for any financial modeler.
3. How to practice financial modeling to gain mastery over the concepts?
The most practical approach would be to first learn the concepts thoroughly and theoretically and then implement them in hands-on assignments to assess your strengths and weaknesses in the subject. Once you are able to ascertain the weaknesses in your learning you can revise and iron out the issues.
4. What are the best practices of financial modeling?
The best practices of financial modeling include the following:
A thorough analysis of financial statements and historical data
Identifying the issues
Clarifying with the management regarding the goals and objectives
Structuring financial models based on the expectations of the management
Simplifying complex data for everyone to understand
Testing and auditing your financial model to determine its efficacy
5. What are the characteristics of a good financial model?
The components of a good financial model are clear presentation with relevant insights, identifying the risks plaguing the business, coming up with plausible solutions, and creating a financial model that is robust, efficient, and can accurately represent the financial performance and position of the business.
Conclusion
These are the top financial modeling books that anyone interested in the world of Finance should read. The compilation here covers books for complete beginners, intermediate as well as professionals that help to crystallize the vague ideas about Financial Modeling into a concrete and clear understanding of the subject. These books also have a lot of practical worksheets and examples that further bolster your understanding of financial Modeling and the various components associated with it. Choose one or more books that align with your objectives of learning financial modeling.
Sincere and diligent reading and practice from these books will help you to become a pro in financial modeling in the shortest time possible. You gain an enhanced understanding of finance and accounting and turn into an expert able to create financial models for any business. To summarize, they offer you tips and strategies to create financial modeling presentations and impart golden rules to efficiently convey important data to the concerned parties (for example shareholders, business managers, and executives). Let us know if you found the list useful in the comments section below!
In this article, we will be looking at the top five financial modeling courses on Coursera that can help you start your career in fields like Investment banking, Equity Research, Accounting, Private Equity, etc. With the rapidly changing business landscape, new challenges & opportunities are emerging. To stay relevant, we should stay updated with the latest trends and a bunch of skillsets. Gone are the days when to enter the finance sector, you had to do a CA/CFA or MBA. In this article, we will discuss one of such skill sets that can help you land a dream job in finance add skills for running your business, or assess companies for investments.
What is Financial Modeling?
A financial model enables effective financial decisions through mathematical and analytical operations. It takes historical data, current industry trends, and likely future assumptions as inputs to give the approximate financial position of a business entity in the future as output.
These models are designed on a spreadsheet with the help of software like MS Excel. Such models help to make effective managerial decisions. Let’s take a look at some of these financial models.
Three Statement Model
The three-statement model is basic and most renowned in financial modeling. This is a foundation model that paves the way for other advanced models. It takes inputs like historical financial parameters that can be revenue growth, profit margins, capital expenditure, accounts receivables, accounts payable, inventory, etc.
These parameters are combined with current circumstances, & likely future hypotheses give future outputs in the form of a profit & loss account, balance sheet, & cash flow statements and that’s why it is a three-statement model.
Merger Model
Mergers and acquisitions are one of the prime activities of investment banks. When two or more companies are thinking about coming together, they need to know what can be the financial implications of such activity. Before the actual merger, this model helps to know what will be the position of revenues, profit margins, scales, synergies, cashflows, & capital structure of the merged entity. This model is widely used in investment banking before mergers of multiple entities to proceed in the right direction.
This model can be employed for evaluating the valuation of businesses, companies, and enterprises. It evaluates the future cash flows of the entity. These future cash flows are discounted at an appropriate rate to arrive at the present value of future cash flows. DCF enables us to evaluate the actual worth of shares of a company. It empowers investors with a better financial view of the company and makes educated decisions regarding investments. This model is widely used for equity research by investors.
The sum of the Part Model
The Sum of the part model calculates the value of conglomerates. When business entities have multiple sources of revenue, it is difficult to derive a valuation of the conglomerate. The Sum of models combined helps to decide on this model.
Leveraged Buyout Model
When a business entity is bought by some other entity with debt, this is a leveraged buyout. In this, up to 90% of funding is debt and equity is minimal. Usually, assets of the acquired business are kept mortgaged against the debt. In such scenarios, the leveraged buyout model helps to make informed decisions. Cash flows generated from the acquired business are utilized to pay the debt.
Comparable Company Analysis
This model is utilized for the valuation of companies under consideration. It is based on the valuation of a similar company operating in the same industry by market.
This model is similar to the discounted cash flow model and comparable company analysis model. In the initial public offer model, we come across one more extra element which is the IPO discount. It enables us to evaluate IPO valuations.
Option Pricing Model
The option pricing model is statistically very heavy. We use Black-Scholes -Merton model or binomial model. This model utilizes complex statistical formulae to reach the outcomes and consequently, it’s a different model from the rest that utilizes more of an accounting approach.
Why Financial Modeling is So Significant?
Its significance lies in the fact that it has a multi-dimensional application. It can be useful to young college student who wants to start their careers in the field of finance or to any working professional who is interested in brushing up on their financial skills and gaining sound decision-making ability.
These financial models help to know the future cash flows and likely expenses. This helps to make sound financial decisions for corporates and run the business effectively.
This hypothesis works closely with real-life scenarios, so it holds huge significance in the financial sector. We shall look into some of the significant contributions of financial modeling for effective decision-making.
Future Operational Performance
To grow the business, production, and sales should increase. To meet this requirement, the number of employees required shall be known to businesses. It also should know how to break even units sold by a business to manage profit margins.
Future Financial Performance
Revenue and profitability are the major concern for the company. Financial models are useful for knowing profit margins and revenue structure for businesses in the future.
Capital Expenditure Requirements
Capital expenditure is the principal expense for a business. The cost of a project can go north, beyond our rough estimates. To make a sound estimation of the cost of the project, we use financial models.
As the business grows further, its working capital requirements rise. To know the timeline and viable source of funds (debt/ equity financing) financial models are significant.
Free Cash Flows
The excess cash flow over working capital requirements and expenditure on fixed assets is free. To know the occurrence, financial models are helpful.
Enterprise Valuation
Financial modeling is also employed to calculate the actual valuations of companies and make investment decisions in equity markets.
Ratio Analysis
Ratio analysis is the critical parameter for obtaining insights into the company. Ratios like profitability ratio, liquidity ratio, debt to equity ratio, etc. can be used in financial models.
Trends In Business
It can also be employed to know how profits and revenue will grow. It could be upward, downward, static, no growth, or negative. This can help to make an informed step towards business.
Coursera is a well-renowned & widely used online education resource for students and working professionals. Coursera has tie-ups with leading global universities and companies to offer quality, job-relevant, and cost-effective online courses worldwide. Coursera offers a range of online learning opportunities from hands-on experience on projects to job-ready certification and degree programs. Let us take a look at the top 5 Financial Modeling Courses on Coursera.
1. Fundamentals of Quantitative Modeling
This is one of the most popular Financial Modeling Courses on Coursera. It is suitable for beginner-level participants. It starts with a basic understanding of historical and present data on the spreadsheet. What do numbers tell us about the performance of the company& how to utilize them to forecast future numbers?
Preparing an effective financial model is the answer to these questions. This Financial Modeling Courses on Coursera is one of the highest-rated in the category with a rating of 4.6 out of 5. This course is an 8-hour course that can be completed flexibly within 4 weeks. This course is divided into 4 modules.
All these modules are in demonstrative format and taught with the help of short videos. Apart from videos, it offers reading material and quiz that helps to understand and test your learning.
Post-completion of this course, you will be able to produce quantitative financial models with the help of acquired insights. The experienced faculty of Wharton School offers these Financial Modeling Courses on Coursera.
Contents Of The Course
Module 1 Introduction To Models
This module helps to understand how financial models are utilized. This will also cover the four essential mathematical functions used in modeling. It also covers four major types of financial models, their identification, and usage.
Module 2 Linear Models And Optimization
As the name suggests, this module will help you understand linear models, these are building blocks for the rest of the advanced models. This will introduce you to an implementation of the cost function and production function in the business.
This module will enable you to identify structures of linear modules and understand how this can help to improve output from the business. This module can be utilized for present value calculation and ultimately for valuations.
Module 3 Probabilistic Model
This module is valuable for capturing risk in the modeling process. It is useful when the data is not sufficient to conclude. During the entire process, this model keeps uncertainty and how this affects the output. You will learn widely used models like the Monte Carlo simulation, regression model, probability distribution model, etc.
This module will help you understand when and how to use regression models. Regression models help with predictive analysis & are useful for uncertain data. It also covers the interpretation of regression models with a better understanding.
Spreadsheets are one of the most widely used tools for data analytics and visualization. To make the most out of it, the user shall know the fine details of spreadsheets. All the financial models are designed on spreadsheets, so this module is very helpful to plan simple, accurate, and easy-to-understand, financial models.
This course is designed in demonstrative short videos that will cover fine details of spreadsheet tools and formulas. This one of the best Financial Modeling Courses on Coursera can be a great resource for your in-depth understanding of financial modes on spreadsheets.
This course covers MS Excel, the Monte Carlo method, Linear programming, etc. This course is divided into four modules, that can be covered in approximately 6 to 7 hours depending on your speed. The experienced faculty of Wharton School offers these Financial Modeling Courses on Coursera.
Module 1 Spreadsheet A Tool for Thinking With Numbers
This module addresses spreadsheets with their historical journey and basic usage. It teaches how different data types can be utilized to make effective financial models. There are multiple notations for all the mathematical operations, formulas, conditional reference, and how it functions. By the end of this module, you will understand the optimum usage of a spreadsheet, its function, and formulas, and learn to avoid errors on a spreadsheet.
Module 2 From Spreadsheet To Model
This module will help you transform from spreadsheets to financial models that will be similar to real-life events. You will discover how to arrange model elements and usage of the objective function. Additionally, you will study the sensitivity model, scenario analysis, and other classic models. After completion of this module, you can build models based on assumptions, decision variables, and outcomes.
Module 3 Managing Uncertainty And Probability In Financial Model
This module deals with how a spreadsheet deals with uncertainty and probability. You will learn about calculating probability and decision trees, and how to use regression tools and make predictions. You will be able to utilize statistical tools to determine the correlation between variables once you have finished this module.
Module 4 Stimulation And Optimization
This module covers the use of spreadsheets to create linear programming for optimization and Monte Carlo simulations. You will learn the objective of the Monte Carlo simulation and how it is implemented on spreadsheets. By the end of this module, you will be able to model uncertainty and risks, and optimization of resources with the help of an Excel solver.
3. Modeling Risk and Realities
Effective quantitative models enable you to make informed decisions in either chance of clarity or obscurity of relevant attributes. This course also covers quantitative modeling that reflects complicated reality and how to incorporate risk and uncertainty in your model.
After completion of this course, you will be able to able to make models with your data and make effective business decisions. The eminent faculty of Wharton School offers these Financial Modeling Courses on Coursera.
These Financial Modeling Courses on Coursera can be covered within 7-8 hours with four modules that can be done flexibly. The majority of this course is about risk, Practical modeling, and simulation.
This is one of the highest-rated in the category of Financial Modeling Courses on Coursera with a rating of 4.6 out of 5. Let’s dive into these 4 different modules to understand this course better.
Module 1 Modeling Decision Low Uncertainty
In this module, you will learn how to examine situations with low uncertainties and choose the right course of action. You will come to know about optimization toolkits and learn to make spreadsheet models from algebraic models. After completion of this module, you will be able to build an optimization model and utilize a solver for making optimal decisions based on the data and adjusting data as per risk elements.
Module 2 Modeling In High Uncertainty
In this module, you will learn to build models for highly uncertain situations. These models deal with plenty of variables, risk reduction, optimization, sensitivity analysis, etc. By the end of this, you will be able to build models that can handle highly uncertain scenarios with multiple variables and control risk.
Module 3 Distribution Suitable For Your Data
This module teaches the distribution of random variables to model the future. It also covers appropriate data visualization in Excel, the right distribution of data, and choosing the right model for the hypothesis. After completion, you will be able to do effective data visualization and decide on an effective model for a hypothesis.
Module 4 Balancing Risk And Reward Using Simulation
In this module, you will learn simulation for comparing different alternatives in continuous distributions that are used to represent uncertainty. You will be able to make judgments in highly uncertain situations with random inputs given as continuous probability distributions. After completion, you can make effective decisions and minimize risk by simulation in a rapidly evolving and complex business environment.
4. Decision-making And Scenario
This course guides you to transform your data into effective business decisions. This course will guide you to improve your modeling capability, structure complex problems, and derive useful insights from them.
Once you can build models on existing realities, alternative scenarios, and possible risks, you can choose the most effective model for your business. This is one of the highest-rated financial model courses on Coursera with a rating of 4.6 out of 5.
This one of the best Financial Modeling Courses on Coursera will prove a significant milestone in your journey to be a financial professional. It is an approximately 7 hours course that is diverged into four modules. These modules are learned on a weekly basis with flexible deadlines.
You will learn about cash flows, financial statements, balance sheets, and investments after completing this course. Let’s have a quick look at them.
Module1 Evaluation Criteria Net Present Value
This module’s goal is to help you decide wisely about investment ventures. The most effective tool to make an investment decision is Net Present Value.
In this module, you will come across essential components of NPV like the cost of capital, time value of money, its actual utility, and why NPV is preferred over all the other criteria.
After this module, you will be able to understand the significance of NPV over other criteria for selecting a particular project such criteria like ROI, payback, and IRR.
Module 2 Evaluating Projects
This module is about the evaluation of projects concerning after-tax cash flows. It also gives the importance of future cash flows over others, you should ignore financial costs, the effect of tax, working capital requirements, and opportunity costs, and execute sensitivity analysis.
After completion of this module, you can perform effective and in-depth analysis of projects with a view on cashflows after tax. This will help you make effective profitable financial decisions.
Module 3 Business Strategies In Financial Terms
This module covers how business transactions, events, and activities transform into financial statements. You will discover the interrelation between these statements and how income and balance sheet statements can be used for forecasting future cash flow statements.
By the end of this module, you will understand how the accounting system translates business activities into financial terms and its effective utilization for forecasting future cash flows.
Module 4 New Product Value
In this module, you will learn the usage of spreadsheets for effective projections for new product ventures and recalculate automatically in case of any deviations. It enables the calculation of NPV with the help of forecasted statements. By the end of this module, you can explore different risks a new venture may face with all the implications of NPV to make effective and profitable financial decisions.
5. Advance Valuation and Strategy
This course on financial modeling on Coursera dives deep into the ocean of valuation. It discusses tools used by investment bankers and venture capitalists for valuation purposes. These tools are helpful in events like mergers and acquisitions, equity research, and investment decisions.
This course can be a great value addition to executives for impeccable value strategies and students with a basic idea of corporate finance and financial statement analysis. Its series of animation videos explained in a demonstrative manner makes this course suitable for corporates and students alike.
Their Financial Modeling courses on Coursera go far beyond traditional tools and methods employed for valuation. It covers expanded NPV, that integrates DCF, game theory, and real options.
The value of leveraged buyouts, high-tech businesses with negative cash flow, and staged investments in new initiatives will all be better understood by managers. This one of the best Financial Modeling Courses on Coursera is offered by the eminent faculty of Erasmus University, Rotterdam.
Module 1. Executive Summary
This introductory module provides you with a different approach to strategic investment decisions. This course step by step develops a new valuation framework for strategic investments. These new valuation methods can be interesting and useful for investment bankers, venture capitalists, and private equity investors.
Module 2. Discounted Cash Flow
In this module, you will learn the application of DCF and its potential for valuation methodology. This course also covers multiple DCF approaches, valuation of leveraged buyouts, forecasting free cash flows, etc. By the end of this, you will have an in-depth understanding of Discounted cash flows.
Module 3. Corporate Strategy
Strategic planning and conventional corporate finance are connected by this module. Valuations are evaluated using expanded NPV. By the end of this module, you will be able to spot strategic growth value in the market value of the business.
Module 4. Corporate Real Options
This module covers concepts and valuation principles of real options. This theory enables decision-making in highly uncertain scenarios and weighs on wait-and-see flexibility. By the end of this module, you can evaluate the flexibility component of real options.
Frequently Asked Questions
Q1. Are the financial modeling courses on Coursera offered at specific times?
Ans. No, these courses are 100% online and flexible. Most of these courses are provided in prerecorded, demonstrative short video formats along with notes and quizzes. The participants have the freedom to access courses at their convenience and pace.
Q2. What are the industries I can project myself for a job after the Financial Modeling Courses?
Ans. After completing of course on financial modeling, you can find opportunities in investment banks, private equity investment companies, Asset management firms, etc. One can start their career as a Financial Analyst, Business Analyst, Analyst in FP&A, Financial Reporting analyst, etc.
Q3. Can a nonfinance student join Financial Modeling Courses on Coursera?
Ans. The answer to this question is subjective. Some courses are specifically designed for beginners that start with basic concepts of finance and further build on them while others need basic knowledge of corporate finance and financial statement analysis. It’s recommended to know some basic concepts of finance but even if you don’t, a few courses on financial modeling for beginners will be a good resource to start with.
Q4. How difficult are the Financial Modeling Courses on Coursera?
Ans. It’s subjective, if you have an interest and willingness to learn, it will work for you. Understanding the fundamentals of finance will facilitate and speed up learning.
Want the details of Business Accounting and Taxation Courses in Ahmedabad? We have made your work easier. You now don’t have to search everywhere because we have listed down some of the best institutes providing business accounting and taxation courses in Ahmedabad. While a lot of people have heard about a BAT course, confusion is there regarding the curriculum and the benefits of such a course. The idea of academic results, professional courses, good institutes, jobs, etc can be stressful, for now, you can simply read this article to get answers to a lot of your questions. Just dig in.
Business Accounting and Taxation Courses in Ahmedabad
A BAT course is a technical and professional-based course that is usually done by those who are ready to enter the job world. A business accounting and taxation course is a practical-based course that covers various topics related to the field of accounts, finance, taxation, and economics. Being a very technical course, it is mostly done by students coming from a commerce background, accountancy, finance, or economics.
Ahmedabad has grown into one of the major educational hubs in India today. Along with educational institutions, the city has also seen extensive growth in employment opportunities. As any department dealing with accounts or finance forms the base of that company or firm, it is important to appoint skilled employees. A business accounting and taxation course is a course that would help you not only understand the concepts but also get an in-depth idea of the market conditions.
Jobs You Can Do After Doing Business Accounting and Taxation Courses in Ahmedabad
Tax Analyst
Bank Manager
Equity Research Analyst
Tax Collector
Auditor
Accountant
Financial Advisor
Financial Analyst
Risk Manager
Business Accounting and Taxation Courses in Ahmedabad Scope
If you are someone who wants to make it big in the field of finance or taxation, then you should definitely go for this course. Most of the newcomers to the industry feel lost due to the lack of technical knowledge and skills that their seniors expect from them. This is because of the lack of exposure to the practical aspects. Our education system still gives more importance to theoretical knowledge making it difficult for students who later join various jobs.
As a professional course, BAT deals extensively in skills and practical training. The most recent and widely used tools are used to train students. Projects, assignments, group work, presentations, case studies, etc will all contribute to your personal understanding of the concepts in detail. The course curriculum is designed in a way that helps you to understand each concept related to accounting, finance, and taxation.
The placement assistance provided to you by these institutes will also help you get the knowledge of the skills that an interviewer would demand from you. The certification you will get once you complete the course can be seen as an add-on to your CV. You will definitely not regret doing a course like this.
Here are some other course options available in Ahmedabad for a rewarding career.
Best Institutes Providing Business Accounting and Taxation Courses in Ahmedabad
#1. Business Accounting and Taxation Courses in Ahmedabad
IIM Skills
The institute is known as one of the leading providers of online educational-based professional courses. All the courses developed by this institution are at par with the latest developments in the market. The trainers associated with this industry are knowledgeable and skilled and are aware o the dynamic nature of the market.
Hence with every change that occurs in the market, the curriculum is also revised and reviewed. If you are interested in a career in Finance and accountancy, you can also check out the top financial modeling courses in Ahmedabad for a top-notch financial modeling training program.
The students will get hands-on training on the various aspects of the professional world. Along with theoretical understanding, practical training is given to each student. The business accounting and taxation courses provided by this institute are considered to be among the best online courses of this nature.
Tax Deducted at Source and Tax Collected at Source E-Filing
Payroll Accounting and Compliance
Payment of PF
Pay Sheet
Payroll- Statement, and Register
Employee Pay head Break up
Payroll and Tally
Income Tax
Income Tax E-Filing
Advanced Excel
MIS Reporting and Financials
Benefits of doing this course:
Tools like Quickbooks, Advanced Excel, Tally, and BUSY- Potent Business Accounting and Management Software will be taught to you since a proper knowledge of these latest tools is a necessity in the job world.
The course is divided into 120 hours of conceptual knowledge backed by more than 60 hours of practical training-oriented knowledge. This will in a way help you get a holistic idea of the field.
Placement cells are available for helping and guiding you in getting the perfect job. Along with assistance from the placement cell, you will also be given the opportunity of internships that will help to boost your practical skills.
#2. Business Accounting and Taxation Courses in Ahmedabad
Nurture Academy
The institute is among the first educational centers in India to provide international accounting and taxation courses. Due to the international curriculum of several countries that are followed, students are most often exposed to a variety of different kinds of new concepts and techniques that are used in the international market. The institute provides two separate certificate courses based on accounting and taxation.
Course Offered I: Certificate of Proficiency in Practical Accounting
Syllabus:
Fundamentals of Accounting
Accounting Concepts
The flow of Account- Debit & Credits, Journal Entries, Ledger Account
Accounts Receivable and Accounts Payable
Cashbook and Bank Reconciliation Statement
Capital and Revenue Transactions
Depreciation
Inventory
Trial Balance
Final Account
Cash flow statement
Goods and Service Tax
Supply
Composition Scheme
GST Returns
Filling of GST Return
E-waybill
Cash flow statement
Tally ERP 9
Introduction
Tally, and Purpose of Recording Transactions in Tally
Create a Company
Create a Group, Ledger
Entering Voucher – Sales, Purchase, Bank, Cash
Aging
Bank Reconciliation
Journal Entries
Trial Balance, Profit, and Loss Account, Balance Sheet
Generating Report
How to file GST return
Ledger Account Scrutiny
Practical Accounting Entry
Company No. 1
Company No. 2
Course Offered II: Certification of Fundamental Taxation
Syllabus:
1. Foreign Taxation (UK)
Basic information about UK Taxation
Terminology
Types of Taxable Income
A brief idea about UK taxation laws
What is Self Assessment Tax and Return?
How to Calculate Self-Assessment Tax
2. Tax Software
The general aspect of Tax Calc
Setting up a new entity
Inputting required data feed
Allowance and Disallowance
SA100
Generating Self Assessment Tax Return
3. Demo Task for Bookkeeping
Task 1
Task 2
Benefits of doing these courses:
The trainer who will be teaching and training you has got a great reputation in the United Kingdom with an industrial experience of more than fifteen years in the UK. His work and experience have not only given him a good reputation but also a lot of accounting techniques used in the international market will be taught to you.
The course is completely practical training-based. The tools and techniques will be taught to you and several tasks and assignments would be given to you to test your practical skill acquisition. The practical training will help you fetch international job opportunities.
#3. Business Accounting and Taxation Courses in Ahmedabad
Munimji
The institute has been created by a group of chartered accountants who wish to see the young generation grow in their professional fields. The institute provides a 100% job guarantee to its students.
Course Offered: Certified Corporate Accounting
Duration: 4 months
Syllabus:
Fundamental of accounting
Books of accounts and Journal Entries
Ledger Scrutiny
Accounts Reconciliation
Depreciation Accounting
Finalization of accounts of different entities
Order Processing
GST
Tracking Number
Backup & Restore
Bank Reconciliation
Cost Center
Interest Calculation
Export Data
Actual Bill Entry
TDs Entry
Fundamentals of Income Tax
Computation of Income and Tax Liability
Tax Audit
Online Payment
Interest Calculation
Practical Training from Government Websites
Meaning and Scope of Supply
Time and Place of Supply
Tax Invoice, Credit, and Debit Note
Valuation Rules
Refund of Taxes
Fundamentals of Professional Tax, Provident Fund, and ESI
Maintenance of records
Payroll Processing
The calculation, E-payment & E-filing of returns
Registration of Professional Tax & Shops Fundamentals of Banking & its facilities
Bank Deposits & Bank Loans
Letter of Credit & Bank Guarantee
Soft skills development
Auditing
Benefits of doing this course:
You will be trained by professional chartered accountants who are aware of the market conditions as well as the current tools and techniques in use.
Additional four modules are available which will take just 1 month more. You will then be called a certified corporate professional. The topics covered in these modules are corporate law, Import and Export, MIS Reporting, and an overview of SAP.
Practical training is given the most important and hence you will be required to constantly understand and apply the skills taught to you during this course.
#4. Business Accounting and Taxation Courses in Ahmedabad
EduPristine
EduPristine is an institute trusted by students due to the high level of practical experience that is provided to the students. Some of the most experienced and trained professional experts would teach you during the tenure of this course.
Course Offered: PG Program in Business Accounting and Taxation
Duration: 5 months
Syllabus:
Basics of Accounting
Accounting in Tally
Basics of GST
GST in Tally
Basics of Income Tax
Income Tax in Tally
Introduction to Payroll
Payroll in Tally and Excel
Excel and MIS Reporting
MS Excel for Accountants
Format of Financials
Financials on Excel
Setting up of Busy Software
Extraction of GST Reports
Purchase of Sales Process
Practical Simulations
Effective Business Communications
Interpersonal communications
Benefits of doing this course:
Students will learn in an immersive approach that incorporates a blend of practical and conceptual understanding of accounting and taxation. This will help you to understand the practical usage and application of these concepts in the market.
A special module is dedicated to soft skills in which you will be specially trained in business and interpersonal communications. Most freshers find it difficult to communicate properly with their interviewer or recruiter.
Being an industry-oriented course, the institute provides you with fully-equipped computer labs along with industry-based projects. Practical projects and case studies will help you gain a complete understanding of the accounting and taxation industry.
In accounts and taxes, vital tools are used to carry out the work efficiently.
#5. Business Accounting and Taxation Courses in Ahmedabad
NIFM
NIFM has gained a very good reputation for its courses designed by industry experts that are meticulously planned. The courses are conducted by extremely helpful trainers who will guide you and train you all through. Different kinds of techniques and tools currently used in the market will be taught to you.
Course Offered: Diploma in Financial Accounting, Auditing, and Taxation
Total Fees: INR 45,000+ GST
Duration: 6 months
Syllabus:
Basic of Accounting
Accounting Process
Bank Reconciliation Statements
Depreciation Accounting
Preparation of Final Accounts
Introduction to Sole Proprietorship
Introduction to HUF
Introduction to partnership firm
Treatment of Goodwill and capital
Admission of a partner
Retirement/Death of a partner
Dissolution of a partnership firm
Introduction to Companies
Issue of share and debentures
Forfeiture of shares
Re-issue of shares
Redemption of preference shares
GST Basic
Time, Place, and Value of Supply
Accounts & Audit under GST
Input Tax Credit
Reverse charge mechanism
Composition Scheme
GST on Work Contract
GST Registration
GST Invoicing & E-way Bills
GST Returns (Monthly, Quarterly & Annual)
GST Payments & Refund Process
Penalties under GST
GST Rates & HSN, SAC Code
New Proposed forms and annual return
The latest amendment to GST
Concept of TDS/TCS
Rates & Deductions under TDS/TCS
E-Fillings of Returns
Generation of Challans and payments
The process to download forms
Penalties and revised returns process
Compu-tax and Govt. utilities
Company Creation
Group Creation
Ledger Creation
Receipts, Payments, Journal Entry, and Trail Balance
Sale & Purchase Entry with Goods and Service Tax
Debit & Credit Note
Balance Sheet
Profit & Loss Statements
Budget, Cost Centre, and Payroll Managements
Introduction to Income tax
Income tax Slab (latest)
Residential Status
Income under 5 Heads
Computation of Total Income
Advance Tax
Set-off and carry forwards losses
E- Filing of Income tax returns
Generation of Challan & Payment of Taxes
Penalties under income tax
Compu- Tax and Govt. utilities
Concept & Objective of Auditing
Types of Audit
Evidence in Auditing
Audit Programmes
Internal Audit
Statutory Audit
Cost Audit
Secretarial Audit
Auditor’s Report
Benefits of doing this course:
Weekly workshops are arranged for the students to get clarity about the topics taught.
More than 80% of this course is practical-based with enough conceptual backup. All of you will be given 100% placement assistance.
#6. Business Accounting and Taxation Courses in Ahmedabad
Henry Harvin
Henry Harvin is considered to be one of the best institutes providing online practical-based courses to students from different streams. The practical training you will get during the tenure of this course will make you highly competent in your job. As a candidate, you will be on the top list of any candidate when you have acquired the necessary skills.
Course Offered: Business Accounting and Taxation Course
Total Fees: INR 34,500
Duration: 172 hours of two-way live training
Syllabus:
GST Practitioner Course
Income Tax Course
Financial Statement Analysis
Advanced Tally ERP 9
Advanced Excel
HR Payroll Management
Soft Skills Development
Resume Writing
Benefits of doing this course:
The institute provides an integrated curriculum in which students are exposed to a huge range of topics related to accounting and taxation. Along with the theory and conceptual understanding you will also be exposed to the practical applications of those understanding.
For the proper knowledge development along with practical efficiency, students are exposed to industry-graded projects. These projects will help you work upon your practical skills along with regular feedback from trained professionals.
1 year of Gold membership in Finance Academy is provided upon enrolling for any of the courses in this institute. This membership will help you to get access to live projects, recorded videos, interview skills, weekly job support, career services, etc.
You will receive your training from industry experts who have been in this particular field for more than a decade.
Email: info@henryharvin.com
Phone: +91-9891953953
Frequently Asked Questions on Business Accounting and Taxation Courses in Ahmedabad
Q1. What is the duration of business accounting and taxation courses in Ahmedabad?
The average duration of the BAT course is around 4 to 6 months. This is a professional skill-based course and is thus a short-term certification course.
Q2. Can I do this course in an online mode?
You can definitely do this course in an online virtual mode. There are multiple numbers of good and reputed institutes providing the BAT course in an online live training-based mode.
Q3. When will I get the certificate for the business accounting and taxation courses in Ahmedabad?
You will receive the certificate only after you have completed the course- the required number of classes, good attendance, and a test arranged by the institute chosen by you. Once all these criteria are met, you will receive the course completion certificate.
Concluding thoughts on Business Accounting and Taxation Courses in Ahmedabad
Students from a commerce or accounts field can have a prosperous career in business accounting and taxation. With the brilliant opportunities available in Ahmedabad doing such a course is going to prove to be highly beneficial. I hope you liked reading this article!
Are you looking for financial modeling courses in Gurgaon? We are ready to assist you in this journey of exploring financial modeling programs. Rating of an institution, the fees required, timings of the classes, course curriculum, etc, are some of the major points a student looks for in a course. We understand your requirement and have made an attempt to customize and present in front of you some of the best institutes providing financial modeling courses in Gurgaon. So grab a cup of coffee and dive into this article. You are surely not going to be disappointed!
Financial Modeling Courses in Gurgaon Meaning
Financial modeling is a critical area of work that involves systematic categorizing, calculating, and recording technical financial data. To be explained in simple terms, think of yourself as an owner of a stationery shop.
As a businessman, you will need to keep an account of the investments you have made in purchasing the required materials and books, the rent of the shop, the profit you are earning through your business, and newer items you can add to your shop to increase the business, etc.
Similarly, any big firm or industry will also work in a manner with a planned model for the proper functioning of the business. As a modeler, you will need to keep track of all the monetary transactions that have taken place in the company.
The financial modeling courses in Gurgaon will give a clear understanding of the processes that are followed in this industry. Gurgaon is seen today as one of the biggest educational hubs of our country with a wide number of academic institutions present here.
As one of the most developed cities in India, a lot of good job opportunities are available here for you. You can get your dream job and a financial modeling course can help you achieve it.
Scope of Doing Financial Modeling Courses in Gurgaon
Are you someone who wants to join a company’s finance and accounts department but doesn’t have the necessary practical skills required to clear the interview round? This course is then meant for you. In a technical field, most industries want to appoint candidates with at least some basic practical skills.
A financial modeling course will help you to gain those practical skills. Since Excel forms the core tool of this industry, a lot of practical training would be provided to you. A financial modeling course will prepare you for the other fields that are similar to this and require you to have a detailed understanding of various models.
The practical training will help you to acquire the critical skills needed in the professional field. Once you complete the course, you will become a certified financial modeler. This certification is going to help you in getting better job opportunities.
IIM SKILLS is world world-recognized institute providing the best financial modeling course in Gurgaon that equips students to understand the current requirements in the industry.
Today, IIM SKILLS is the most trusted learning platform, providing students a 100% placement guarantee. The institute was established in 2015 with the aim of making every student confident and competent.
The courses have been designed and structured by experts who have experience in the particular field of profession. The interactive sessions of IIM SKILLS’ practical-oriented financial modeling course in Gurgaon, as well as business accounting and taxation courses in Delhi, come along with a prompt reply from the helpdesk, which is seen as one of the biggest highlights of this institute.
The primary purpose of IIM SKILLS’ highly rewarding financial modeling course in Gurgaon for skills development is to make you industry-ready. This can be achieved only when there is sufficient exposure to practical training. This course is divided into 50 hours of live online-based training, which is followed by 100 hours of practical training. This practical training will prepare you with all the necessary and important skills. You will also be given 5 case studies that will help you understand the diverse situations that can arise in the industry.
Along with the 3 months, of course, that will be delivered to you in the comfort of your home, you will be given 2 months of a guaranteed internship opportunity. The internship period can prove to be the most fruitful part of this course, where you will learn to use the skills you have acquired in the last 3 months.
The placement cell of IIM SKILLS will prepare you for the interview rounds by conducting multiple mock interview rounds. A hundred percent of job support and advice would be provided to each one of you. The mock interview rounds will boost your confidence level and help you to appear as a more competent individual during the interview.
The certificate you will get once you complete the course is recognized by the government of India. The certificate has lifetime validity.
To enhance your practical application skills, multiple projects and assignments are provided to you in the IIM SKILLS’ skills-oriented financial modeling course in Gurgaon, along with case studies. The projects will require you to use the skills acquired and apply them to get the best results.
The institute has made a good name for itself due to the technical courses that are provided by it provides. The comprehensive nature of the courses, along with the trained experts, makes the institute one of the most preferred institutes by students.
Course Offered: Financial Modeling Course
Duration of the course: 3 months
Total Fees: INR 32,000
Course Curriculum:
Identification and Solving approach
Descriptive Statistics
Excel- Basics and Advanced
Financial Math
Introduction to FSA
Income statements
Balance sheet
Cash flow
Ratio analysis
Time value of money and IRR
Cost of Capital
Sources and Use of Capital
Introduction to Project Finance
Build a manufacturing project
Build a service project
Overlay a project with tax implications
Evaluate a project in totality
Introduction to valuation
Souring historical data
Forecasting costs and revenues
Forecasting BS and CFS
DCF & Relative valuation
Perks of doing this course:
The 3 months course consists of 75 hours of live training. This training includes theoretical and conceptual understanding followed by practical application of skills. Projects and assignments are provided to help you gain a sufficient understanding of the industrial intricacies.
You will also gain access to recorded videos of the classes in case you miss a particular class or perhaps want to revisit a session for a better understanding. While classes will be conducted by experienced trainers, you will also be given study materials for your own understanding.
Around 15 active learning cases will be given to you. The diversity of the cases will help you to develop your analytical skills thus helping you to be proficient in practical skills and applications.
Along with the live online training sessions, the institute also provides you with the option of distance learning that students can avail themselves of. Classroom sessions are available in selected cities.
Knowledge Hut is a good institute providing short-term courses to its students that are in line with the latest market requirements. The financial modeling course provided by this institute is practical-oriented and helps students secure good opportunities.
Course Offered: Financial Modeling Course
Duration: 24 hours
Course Curriculum:
Modeling Architecture
Sample Detailed Case
Timeline Modeling
Revenue & Capex
Depreciation
Financial Structure
Debt Schedule
Costs Drivers
Dividend & Tax
Integrating the Financials
Valuation
Ratio Analysis
Circularity Switch & Iteration
Simple Marcos
Bond Valuation
Perks of doing this course:
The institute provides live instructor-based training where you will receive hands-on practical training. Basic, as well as advanced Excel techniques, would be taught to you for your better understanding of the functions. The live training will be interactive in nature so that you have the window for doubt-clearance.
Financial modeling projects will be given to you. These projects will enable you to work on your analytical skills and also help you develop the right approach for dealing with different issues or projects. The varied nature of projects will make you highly efficient in dealing with different situations.
You will receive a certificate once you complete the course from Knowledge Hut. This certificate can be used by you to impress as well as make your recruiter aware of the skills you are acquainted with.
Different kinds of useful tips and techniques will be given to you so that you are capable of making robust financial models. The tips and techniques will help you prove your efficiency to your recruiters.
This institute is among the best institutes in Gurgaon providing industry-specific professional financial modeling courses. The comprehensive course designed by the institute provides you with a holistic idea of the industry and the professional requirements to make it big here.
Course Offered: Financial Modeling Course
Duration of the course: 4 months
Total Fees: INR 20,000
Course Curriculum:
Excel
Forecasting of Profits and Loss
Real-time Financial Models
Income Statement
Statement of Operations
Balance Sheet
Cash Flow Statements
Fix Asset Schedules
Debt and Debt revolver schedules
Revenue Drivers
Industry Analysis and Forecast
DCF and relative Valuation
Perks of doing this course:
One of the most unique features of this course is that you will receive three different certificates once you complete the course- Financial Modeling, Equity Research, and Advanced Excel. These three certificates will prove your efficiency and knowledge in three fields. You can thus upload these certificates separately on your resume to make a great impression on your recruiter.
The expert trainers associated with this institute will give you advice and guidance about resume designs and preparations. You will also be guided and helped in your job portal updation. Thus along with practical training, you will also be assisted and helped in your job process.
FINXL provides its students with lifetime access to the LMS. You will be able to access and view the videos, presentations, study materials, etc all your life at no extra cost.
Live case studies for each financial topic are provided. This process helps you enhance and work on a particular topic at a time. Once you have acquired the required understanding, you will be exposed to the new topic.
Email: info@finxl.in
Phone: +91 915-888-2688
5. The WallStreet School
Considered one of the leading institutes providing industry-oriented courses related to the field of finance and accountancy, the institute is trusted by students. The expert faculty helps students attain the skills and knowledge required in the professional world. The financial modeling course provided by them is designed in a way to provide a holistic view of the financial industry and its professional requirements.
Course Offered: Financial Modeling Training
Duration of the course: 6 Weeks
Total Fees: INR 40,000+ GST
Course Curriculum:
Basic Excel
Advanced Excel
Basic Financial Statements
Real Estate Case Study
Hotel Case Study
Projections of a Company
PepsiCo DCF Valuation
Comparable Company Analysis
Comparable Transaction Analysis
Dr. Pepper DCF Valuation
Leveraged Buyout
Football field Analysis
Merger Model
Assessment test
Valuation Notes
Perks of doing this course:
They have divided the duration of the total course into two categories- 6 weeks and 2.5 months. While the fees of the course remain the same the pattern changes. The 2.5 monthly course consists of 120 hours of lecture and these classes are held only on weekends. The 6-week classes consist of 180 hours of training that occurs every day from Monday to Friday from 9 in the morning to 3 in the afternoon.
A certificate once you complete the course will be given to each student. This certificate is recognized by all good companies and institutions and will thereby add glory to your resume.
The students are given the option to choose between classroom sessions, live online classes, or online self-paced classes. Based on your personal choice and availability you are free to choose the desired mode of education.
Placement assistance will be provided to you so that you can land your dream job. The experienced and professional trainers will help you understand the skills that any company searches for in its employees. Along with the knowledge you will be given practical skill-based training.
Email: info@thewallstreetschool.com
Phone: +91-9953729651
6. Henry Harvin
One of the leading online course providers, this institute is held in high regard by students. The curriculum of all the courses is designed and revised with the changes in industrial needs. With some of the best trainers in their faculty, the financial modeling course provided by this institute a good option.
Course Offered: Financial Modeling Course
Duration of the course: 40 hours
Total Fees: INR 29,500
Course Curriculum:
MS Excel tips
Financial statement and ratio analysis
Corporate finance
Financial management
Project finance modeling
Equity research
Financial report writing
Case study 1
Case study 2
Soft skills
Resume writing
Perks of doing this course:
The course is heavily practical-oriented giving you the necessary skills and techniques required to crack an interview. Along with live projects and case studies, you will be provided with tips and techniques given by industry experts. These tips will help you to be efficient at your workplace and prove your talent.
During the 1-year membership that you will receive, you can attend unlimited lectures and sessions provided by different trainers who have been part of this industry for more than 15 years. Since each trainer has their own way of training, you can thus benefit from the different study patterns and thereby learn different techniques.
100% placement assistance is provided to you 1-year post-course completion. Soft skills training would be given to you so that you can appear for an interview confident with the necessary skills required to impress your interviewer. Assistance on resume writing will also be provided to you.
The course will help you to understand the dynamics and mechanics of financial reporting. This understanding will help you increase your efficiency.
Email: info@henryharvin.com
Phone: +91-9891953953
Frequently Asked Questions on Financial Modeling Courses in Gurgaon
Q1. Are internship opportunities available once I complete the financial modeling courses in Gurgaon?
Yes. Though not all of the institutes provide you with guaranteed internship opportunities. The most trusted and practical financial modeling course in Gurgaon, with 100% internship opportunities, is IIM SKILLS.
Q2. What is the duration of this course?
As each institute follows its own curriculum and pattern, the time duration varies from one institution to the other. But on average, the financial modeling courses in Gurgaon are of 3 to 4 months approximately. The internship period is not counted in the following time duration.
Q3. Will I get a good job if I do the financial modeling courses in Gurgaon?
Yes. A financial modeling course is a professional course that will provide you with knowledge about the latest tools and techniques being used in the market. The practical experience and knowledge you will receive from such a course are highly valued in the job market. The certificate received after completing the course can be uploaded to your job portal, thereby making it visible to your prospective recruiters.
Q4. Can I pay the fees for the course in installments?
Yes. However, since each institute has its own set of rules, it is best to contact the institute directly for such queries. But installment facilities are provided by most of the institutes to help you get the benefit of the course, but at the same time, not over-burdening you with the fees. Some institutes also provide the option where students only have to pay a minimal amount of the fees during the course, and the rest of the fees can be paid once they get a job.
Q5. Is an online mode available for the financial modeling courses in Gurgaon?
Yes. IIM SKILLS is a highly rewarding institute for an online financial modeling course in Gurgaon. You can do this course by sitting at your home. The online classes are flexible in nature, thus helping students to do this course along with any other work they are associated with.
Final Thoughts
Some of the best institutes providing financial modeling courses in Gurgaon are available just for you. You can give a kickstart to your prosperous career ahead by doing this course. Practical skills are always valued in the workplace. If getting into the field of finance had been your long dream, then get yourself enrolled today. Rest assured, you are not going to regret this decision. Good Luck, folks!
Don’t know where to find the top technical writing courses in Indore? Don’t worry, it’s right here! While many people are aware of content writing and creative writing, technical writing still remains a little hazy among many people. If you want to know about technical writing courses in Indore, the scope of such writing, and other details, you are at the right place! While it is obvious to have doubts about a certain profession. It’s better to clear your doubts before entering a job, right?
Located in the state of Madhya Pradesh, Indore is a city full of rich history. Modernity and tradition go side by side in this city. On one side you have the palaces, temples, mosques, and mahals on the other hand you have rapid industrialization that is taking place in the city.
The city has some of the most important industries and factories such as cotton handlooms. The city has been winning the title of the cleanest city in India for the last few years. Both the government and the people work hand in hand to keep the city and the environment clean.
Both the Indian Institute of Management and the Indian Institute of Technology are located in this city. Some of the best colleges and educational institutions are located in this city.
You can hence understand that with some of the best educational centers in the city and the mass-scale industrialization that has taken place in the city, the demand for technical writers has risen. Whenever there is a demand, there ought to be a supply.
With the rise in demand for technical writers, there has been a significant rise in the institutes providing technical writing courses in Indore.
Since the term technical writing has the word technical in it, you can understand that it has to do with machines and technology. Whenever you purchase any electronic good, there is a user manual that comes along with it. The user manual is not written by the mechanic or manufacturer.
It is written by technical writers. A technical writer is someone who understands the complex mechanism of a machine and then transforms that complex information into a more comprehensible and easy format. The easier the format, the better it is for the customer.
Whenever a technical writer writes something, it is mostly for a naive audience. So, the target audience of a technical writer is always assumed to be someone who has no idea about the given product.
The major task of the technical writer is to produce extremely easy and readable write-ups so that the customer can easily read and understand the mechanism of a machine.
For example, if a customer purchases a microwave oven, then you as a technical writer have to explain the critical and complex functions of the machine in a simple way so that the customer can easily understand it.
Technical writers are not always from a similar field. In such a case it might be difficult for the writer to first understand the technical details himself and then produce an easily comprehensible manual. The technical writing courses in Indore will give you a complete understanding of this field and how such complex details are written.
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Sectors You Can Enter After Doing Technical Writing Courses in Indore
Since 2015, the institute has been providing highly effective and helpful courses and training to young students. One of the biggest problems of the conventional educational system is the lack of practical exposure.
Though most students gain adequate theoretical knowledge and understanding, the practical skill and application-based knowledge remain distant. One of the major goals of this institute is to train and produce efficient and competent freshers who have a perfect balance of theoretical and practical knowledge.
Thus when you appear for an interview, the confidence in you shines. The latest demands of industries are kept in mind along with the needs and capacity of students. The trainers guide you so that you gain a complete understanding of the field.
Effective Writing- Grammar, punctuation, and formatting guidelines
Medical Blogs and Journals
Charts Used in Medical Writing
Case Study
Perks of doing this course:
One of the main aims of this institute is to provide practical exposure to students. This practical experience is enabled through various practical tools like MS Visio, MS Project, Git, Scribus, etc. These tools will expose you to the world of applications and skills by forcing you to use your analytical skills.
Since it is an online training, the course is divided in a way in which maximum attention is given to application-based assignments. In the five weeks of training, 26 hours are dedicated to live online training while the remaining 60+ hours are dedicated to assignments. These assignments will test the knowledge you have been able to accumulate.
One 1-month of a guaranteed internship is provided to you. This internship period will be the most active period of this course where there will be constant learning, understanding, analysis, and writing that will help you to get a holistic overview of the professional world.
Various kinds of writing will be taught to you like medical writing where you will learn about healthcare websites, organizations, journals, and the writing style that is preferred here. Also, scientifically well-researched article writing will be taught to you by the experts. This type of writing is often in collaboration with professionals from medicine, engineering, etc
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Rank #2. Technical Writing Courses in Indore
2. Udemy
One of the leading online institutes providing excellent training courses, Udemy has gained high confidence among students. The courses provided by the institute are considered very reliable and student-friendly training sessions.
The industry-oriented approach by trainers helps you to get a better understanding of the field and also have higher skill development.
Course Offered: Technical Writing
Duration: 5.5 hours
Mode of Education: Online Mode
Fees: INR 14,900
Course Curriculum:
Introduction to Technical Writing
Topic Awareness
Knowing your Target Audience
Planning and Writing a Book
Marketing
Advance writing Techniques
Perks of doing this course:
The course is provided at reasonable rates so that maximum students can gain knowledge and the skills necessary to get a good job.
All students are provided with certificates once they finish the entire course along with the assignments and projects are given to them.
Through this course, you will understand the goals of a technical writer and how the technical writing industry functions, whom to collaborate with, what to write, research-based articles, etc.
The habit of regular writing along with the confidence with which you should approach a new topic is taught to you.
Henry Harvin is an online training institute providing professional courses to students. The courses are designed to help you in your professional field. The trainers who teach you have been in the particular field for many years and have a practical idea about the requirements of that field. Considered one of the best online institutes, Henry Harvin’s courses are designed in a very systematic way.
Course Offered: Technical Writing Course
Duration: 36 hours
Mode of Education: Live Online Training
Fees: INR 17,500
Course Curriculum:
Introduction to Technical Writing
Documentation Process
Technical Writing Process
Grammar and Editing
Technical Writing Software Tools
Components of a Technical Document
Technical Writing Techniques
Technical Document Template
Formats of Technical Documents
Advanced Technical Writing Tools
Soft skills development
Resume Writing
Perks of doing this course:
The certificate provided by Henry Harvin is recognized worldwide. Once you complete the course and submit all the assignments given to you, you will receive the course completion certificate. This certificate will make you a certified technical writer. By posting this certificate on websites you can then apply for freelancing opportunities, jobs, and internships.
One of the biggest advantages of doing this course is the wide range of tools that are used to teach you. Every student will be provided with authoring tools, screen capture tools, Image editing tools, spell-check tools, and technical writing software tools. Among this broad category of tools several sub-categories of tools are there like MS Visio, Snag IT, Adobe Photoshop, Greenshot, Snipping Tool, Notepad++, etc.
The course will enable you to communicate technical data to a non-technical audience in a much more effective manner. Along with the different scientific research approaches undertaken during this course, you will also be exposed to various types of literature reviews.
Projects based on real-life professional situations are provided to you and you are expected to deal with and come up with industry-oriented ideas and write-ups. Along with projects and case studies, you will be given boot camps for the next 12 months. These sessions will help you to develop your skills.
Email: info@henryharvin.in
Phone: +91-9891953953
Frequently Asked Questions: Technical Writing Courses in Indore
Q1. Is technical writing a promising career?
Yes. With the huge rise in technology and thereby machines and instruments, the demand for technical writers has gone up. Today we have newer types of machines that are introduced almost every day. From egg boilers to microwaves to fridges to geysers, etc. Just think about the different kinds of geysers that have been introduced in the market in the last 10 years. From different designs, colors, shapes, etc today we have anti-rust, temperature detectors, varied wiring, etc.
Thus, with each new development that occurs due to technology, the demand for technical writers will rise. Some of the most important sectors contributing to the economy of our country depend upon technical writers. The better the technical writer is able to communicate with the target audience, the greater would be the sale. In today’s society, technical writing is a fascinating and very promising career path.
Many people like writing but not in a philosophical or fictional way. Technical writing is especially meant for people who love writing but have a more technical and skill-based approach to writing.
Q2. What is the scope of doing technical writing courses in Indore?
A technical writing course is a skill-oriented course that will help you understand the industry you are willing to join. Before knowing about the skills and techniques, you must be aware of the industry and the ways in which it functions. After giving you a thorough insight into the industry, the course will train you with the skills that are needed here.
Along with the tools and techniques that are used in technical writing, you will be trained and guided about how you are supposed to use those tools and integrate them into your writing. Most often people with good writing skills and a good hold over the language fail to convey their message clearly to the target audience. The reason is the lack of the skills and techniques that must be used.
As a technical writer, you must always have this preconceived notion that your target audience is people from non-technical backgrounds with minimum or no knowledge about the product. Simple words and easy phrases have to be used to make the writing comprehensible.
Q3. Can I do the technical writing courses in Indore in an online mode?
Yes. Almost all the institutes providing technical writing courses in Indore deliver it online mode. As most of us go for professional courses while simultaneously doing some other work, the institutes are well aware of the dilemmas we might have. Hence you can definitely do this course on an online mode.
Q4. What are the sectors that require technical writers?
Any sector that deals with mechanical and technical goods will demand technical writers. Automobile sectors, engineering departments, medicine, pharmaceutical industry, electronic sector, computer hardware and software department, aeronautical department, etc.
The main reason behind this demand is due to the fact that as manufacturers and sellers, you can never describe the products in a layman’s dialect. For this, you will need good communication and writing skills. A good technical writer also forms part of the marketing team. The better the article, the more audience will be attracted to the product. Hence any field that deals with technical goods and services will require and demand technical writers.
Q5. Are the internship opportunities helpful for freshers?
Yes. As freshers, you will not have had any professional experience. The educational space is very different from the professional space. As students, you will have scope to develop your skills but in a workplace, you will be required to show your skills. In such a situation, landing as a complete fresher might be stressful.
An internship will make you aware of the industry and how it functions. With proper assignments followed by regular feedback, you will gain a better understanding of the places that require improvement from your side. You will have to give your 100% during this internship to gain maximum benefit.
Conclusion
One of the most exciting events of our lives is obviously the day we get the opportunity to work in our dream job. But in the competitive and fast world which we are living in, getting a good job has become stressful. With the cut-throat competition that exists around us, we often don’t understand what our next step should be. With hundreds of other candidates applying for the same job, how will you be able to prove your exceptional skills?
In such situations, professional skill-based courses come to your rescue. With the trained professional who constantly teaches and trains you, your knowledge base sees a significant improvement. With the constant dealings with trainers who have expertise in their field along with the practical assignments and live training, you will have a better chance of grabbing the opportunity.
But before anything else, it is important that you keep a calm mind. Many a time you might see someone else get a better job than you. In today’s society, we are always made to be in this constant competitive mode. You can prove to be an exception! So instead of focusing on what others are doing, you can simply focus on improving upon your skills and being open to changes.
If you are someone who always loved writing but felt that you had no scope in this field due to the lack of artistic and philosophical ideas in you, you are wrong! Technical writing demands you to have a flair for writing with good English skills. But in this kind of writing your work is quite different from that of a creative writer. Your work has to be client-centric with writing that has to be technical yet simple.
So, while others can stress over various things, this is your opportunity to enroll in this course and start your bright career in the field of writing!
The ‘Goods and Services Tax’ or GST, which has been in effect for nearly 5 years, has transformed the way we Indians pay taxes. Furthermore, with the bulk of the population still unsure how it works, the country’s demand for GST practitioners has surged. Moreover, with local offline courses near you and online classes available from anywhere in the world, you can learn the ropes without having to jump through a lot of hoops. Continue reading if you are from Faridabad and want to find the best GST certification courses in Faridabad.
The internet is a goldmine of information on GST. There are numerous videos, podcasts, and articles available to help you learn more about how the different types of GST like CGST, SGST, UTGST, IGST, and how the indirect tax regime works for the entire nation.
However, to delve deeper you need something comprehensive, which can only be obtained by taking a GST training course. Whatever your objective, there are GST certification courses in Faridabad available to help you master both basic and advanced knowledge.
I will list and describe the most well-known GST certification courses in Faridabad in this article. You can check out How to Choose a Course before going into the list of finest GST certification courses in Faridabad.
Let’s start with a definition of GST.
GST, which stands for Goods and Services Tax, is an indirect tax levied on the sale, purchase, and consumption of goods and services. It is, in particular, a multistage, value-added single domestic indirect tax regime for the entire country.
This comprehensive tax is divided into five slabs: 0%, 5%, 12%, 18%, and 28%. Following that, let’s look at what a GST Practitioner is, the eligibility criteria for becoming one, and how to become one.
Who is a GST practitioner?
GST practitioners, also known as GSTPs, provide services to other taxpayers. They must be registered in the GSTN portal and have a certificate that has been approved by both the Central and State government of India.
Eligibility criteria for becoming a GST practitioner.
One must be an Indian citizen.
He or she should not be convicted of an offense punishable by imprisonment for more than two years by the court.
A person should be of sound mind and not be deemed insolvent.
In addition to the aforementioned requirements, a person must meet any one of the following requirements.
A bachelor’s or master’s degree, or any equivalent qualification, in law, banking or commerce, business management, or business administration from a recognized Indian institution.
A cost accountant, a Chartered Accountant, or a Company Secretariat.
Returns on taxes Preparer or Sales Tax practitioner with more than five years of experience.
A retired Commercial Tax officer with a higher Group-B rank who worked for at least two years in the Central Board of Indirect Tax and Customs (CBIC) or any State Government.
Any other exams approved by the Indian government.
Indian degree equivalent qualification from any foreign university.
How to become a GST practitioner?
Register as GST practitioner in GST portal in form PCT-01 and obtain enrollment certificate in form PCT-02. Upload the required information to the site to register as a GST practitioner. GSTN will produce a Temporary reference number (TRN) and confirm this information using an OTP issued to your registered cellphone number.
Upload further supporting documentation and apply for DSC or EVC. Within fifteen days, you will get an acknowledgment with the GSTP enrollment number on your registered email ID.
Take the GSTP exam, which is administered by NACIN.
Take the GSTP exam administered by NACIN within two years of enrolling on the GST portal. The exams are held twice a year at designated locations across India. There is no limit to the number of attempts the candidate may make during those two years.
The candidate has the option of selecting his or her preferred center. NACIN announces the exam date, which is published on the GST portal, the GST Council Secretariat, and the leading English and regional newspapers. It is a computer-based test with only multiple-choice questions.
The candidate’s minimum score is 50% of the total marks. The list of enrolled GSTPs would then be made available on the GST common portal for taxpayers to select from.
Now, let’s get started with the list of GST certification courses in Faridabad listed below:
1. IIM Skills
Here we have one of the finest GST certification courses in Faridabad provided by IIM SKILLS. They are a well-known online learning provider in a variety of essential areas, including content writing, CAT training, GST, and digital marketing.
IIM Skills has educated thousands of people since its inception. Furthermore, by giving the best courses available, IIM Skills has gained the trust of its students. Today, IIM Skills offers one of the most comprehensive GST certification courses in Faridabad, encompassing both fundamental and advanced concepts.
The course is intended to be both extensive and all-encompassing in design. With highly qualified mentors who have a deep understanding of the modules, they can provide you with the best approaches and assistance to help you achieve in your profession.
Furthermore, their one-of-a-kind GST training course satisfies industry requirements and guarantees 100% placement.
Highlights of the Course
Duration: 16 Hours Self Study Lectures | Practical Assignments | Weekly Assessments- for 4 weeks
Batches– Weekdays, Sunday batches
Course Fee: ₹2900 +GST
The curriculum of the Course:
The comprehensive program is divided into individual modules with bite-sized subjects for easy comprehension.
This course will teach you the intricacies of GST, including its origins, compliance, and enforcement. Furthermore, you will gain practical experience in GST operations, preparing you for a job with a thorough comprehension of GST laws.
Why should you go with them?
They have highly qualified instructors.
They offer well-researched training methodologies with an emphasis on hands-on learning and on-the-spot problem-solving.
They provide you with course material and class recordings for a lifetime.
If you are dissatisfied with the course, you can get a money-back guarantee after the first session.
At the end of this GST training course, you will be presented with a course assessment examination, which you must pass to receive certification. However, your path does not wrap up here; as an added benefit, you will receive placement support and career coaching throughout your life.
Here we have one of the finest GST certification courses in Faridabad provided by ClearTax, a fin-tech company based in Bangalore that was founded in 2011. The company has the distinction of being India’s largest tax filing platform.
They have successfully served over 2.5 million satisfied customers, over 20000 CA and tax professionals, and over 10000 businesses across India. Furthermore, because their course is delivered online, it is one of the GST certification courses in Faridabad that can be completed from anywhere in India.
Course Highlights:
Course duration:8+ hours in-depth training
Course Fee: ₹4,800 or ₹3,600(Earlybird offer)
Course Curriculum
The Fundamentals of GST Returns
The New GST Return System
Complete Filing Process for RET-1,2,3
Comprehensive Analysis of ANX-1,2
Case studies created by CAS
Why should you choose this course?
Experienced CAs serving as mentors
Thorough training
Affordable pricing
ClearTax certification and assessment
What can you expect from ClearTax’s GST certification?
ClearTax’s GST certification can teach you the following things if you are a CA or a tax practitioner:
GST training for you and your team
Clients’ seamless transition from old to new GST
Training for your clients on matching, invoice tracking, and ITC reversals
In-depth insight into penalties and how to avoid them
ClearTax’s GST certification course can teach you the following things if you are a company executive:
Managing business risks and learning how to unlock ITC
Management of man-hours required for invoice tracking and matching
Education of high-risk vendors on the GST concept
The role of compliance’s payments, attainment, and tax teams
If you are a student, you can learn the following from ClearTax’s GST certification:
Understanding and putting GST concepts into practice
Obtaining an industry-recognized GST certification
Obtaining employment for new GST transition projects
Here are some courses from Udemy, one of the largest online course and certification providers. Udemy has a considerably greater selection of GST certification courses in Faridabad than any other platform on this list. The course fee is relatively low, so students and even company owners can participate in this course.
This platform provides a range of GST certification courses, some of which are stated below:
Master in GST by CA Saurabh Jog
Here we have one of the finest GST certification courses in Faridabad, which focuses on a thorough examination of GST and is one of the best sellers on the platform. This course’s core purpose is to obtain conceptual understanding through practical examples. On each topic, you will have lifetime access to animated video lectures, quizzes, and notes.
Course highlights include:
34.5 hours of on-demand videos, 45 articles, a downloadable resource, and a completion certificate.
Eligibility:
This course is open to CA, CS, MBA, and CMA students, as well as Accountants, Accountant professionals, and GST practitioners.
Course Content:
Meaning and Scope of Supply
IGST- Place of Supply
Time and Value of Supply
Input Tax Credit
Registration
Tax Invoice Debit Note Credit Note
Accounts & Records
Payment of Tax
Returns & Refund
Job Work
E-Commerce
Assessment & Audits
Inspection, Search, Seizure
Demand & Recovery
Liability in Certain Cases
Offense & Penalties
Appeals & Revisions
Advance Rulings
Transitional Province
E Way Bill
Practical Questions with Answers
Recent updates in GST
Course Fee: ₹3499
Practical GST with Latest updates Course and Certification by CA Swati Gupta & CA Rajkumar Agrawal
This course covers all of the essential aspects of GST and how they apply in everyday life. CA, CMA, CS students, B.Com students, and Tax Counsellors are eligible to take this GST training course.
Course highlights:
3-hours of on-demand video
5 downloadable resources
One practice test
A completion certification.
Course Fee: ₹3200 or 455(On offer right now)
Practical Course in Goods and Services Tax
The program assists in the resolution of practical difficulties related to GST filing, GST computation, GST payment, GST reports, returns, and Tally ERP 9.
Eligibility:
Candidates with accounting, finance, or commerce backgrounds who have basic computer expertise are capable of taking this course.
Course highlights:
6-hours of on-demand video
12 downloadable resources
1 article
A completion certification.
Course Curriculum:
GST concepts clarified from a practical standpoint
GST computations and passing various transactions
Preparing and Understanding GST reports
Adjustment to the Input Tax Credit (ITC)
GSTR1 return filing for outward supply online and offline on the GST portal
GSTR2 return filing offline and online
GSTR 3B return filing
GSTR 9 annual return
Course Fee: ₹3499 or 455(On offer right now)
4. NIFM
The National Institute of Finance Management (NIFM) is regarded as one of the top five institutes in the banking, finance, insurance, and stock market sectors. It is a well-known vocational training college that provides long-term and short-term skill development courses in both online and offline settings, and it offers one of the finest GST certification courses in Faridabad.
They also focus on providing job-related vocational training courses in banking, finance, market segmentation, and accounting.
Course Curriculum:
Module1
Introduction to GST
Types of GST
How we calculate GST liability
Who is eligible for GST
GST registration threshold limit
Who should register for GST
GST slab rates
GST invoice
How to claim ITC
Due dates for all GST rates
The GST taxable event
Supply timing
Raised invoice and charged GST
Bill of supply
Debit note/credit note
Payment voucher
Modes of Payment
Electronic credit ledger
Electronic cash ledger
Understanding of the composition scheme’s tax rate
The RCM scheme
Taxability under RCM
Type of return form and maturity date
Process flow of return filing
GSTR 3B return filing
GSTR9/9B return filing
Online registration
Process of registration
Surrender of registration
Benefits of choosing this course:
Following completion of the GST certification course, you will be able to pursue a variety of professional prospects, including:
GST Practitioner
GST Assistant
GST Executive
Accountant
Asst. accountant
Tax professional
Course Duration: 2 months
Course Fee: ₹25,000+ GST
5. Henry Harvin
The renowned Henry Harvin Education institute offers one of the most comprehensive GST certifications courses in Faridabad. With over 15 years of experience, Henry Harvin employs some of the most well-known industry experts. Over the years, their achievements have been recognized by several organizations. They have taught over 14265 GST experts to date.
Features:
They provide a 100% placement guarantee.
Conducted by award-winning GST speakers
The E-learning method includes a variety of tools and techniques, as well as assessments
Boot Camps are held throughout a 12-month period.
Facilitate free access to Ask Henry hackathons.
Course Curriculum:
Module 1 consists of supply, supply value, import, and export, as well as E-way invoices.
Module 2: Registration, Transitional Provisions, and Job Opportunities.
Module 3. Returns, tax payments, time of supply, and refunds are covered in Module 3.
Module 4: Demand, Litigation Management, Recovery, and Audit.
Soft skill improvement and resume writing are provided as a free bonus.
Benefits of choosing to do this certification:
Opportunity to learn about the latest amendments and critical challenges.
You will receive free study materials worth INR 500.
Experts’ real-life examples and experiences.
A certificate from a government-approved institute as a Certified GST Practitioner.
Access to GST practitioners’ LMS for one year.
E-learning portal
Course duration: 32 hours.
Course Fee:
Self-Paced: ₹11250
Live Online Classroom: ₹12500
FAQs
Q1. What are the objectives of doing GST certification courses in Faridabad?
A general understanding of GST, as well as its implementation, adherence, and fulfillment.
An overall understanding of how GST can affect organizational functioning and the changes required in company processes to comply with the new GST law.
Being knowledgeable about GST procedures such as registration, return filing, getting Input Tax Credit, TDS (Tax Deduction at Source), and refunds.
Q2. What are the benefits of doing a GST training course?
An individual who completes a GST certification course can expect an average salary increase of 15% to 25%.
Following the adoption of GST, approximately one lakh job opportunities were created in the domains of taxation, accounting, and data analysis. Various large and small enterprises want professional assistance with GST management.
Individuals are permitted to start their own consulting firms.
Tax, finance, and accounting professionals can improve their skills.
The well-organized course framework promotes improved learning.
Q3. What salary can you expect after completing a GST certification course?
The average tax consultant compensation in India, according to Payscale, is ₹ 5,14,314 per year. An entry-level tax consultant can earn ₹4,62,375 on average, while someone with five to nine years of experience can earn ₹ 5,99,874.
The Business Accounting and Taxation programs or the BAT courses provide insightful knowledge and open new doors of opportunity for students and professionals with a flair for financial arts. Upon completing the course, the student will understand accounting concepts, taxation, payroll policies, and the stock market. Graduate students who want to add more weight to their portfolio, and professionals who wish to gain a competitive edge over their peers, will gain benefits from BAT courses.
This course is designed to give a foundation for learning more about accounting and taxation. Students typically pursue this course after graduation to gain a deeper understanding of the topic and narrow down their areas of interest for further study. But after the program’s completion, students also gain many additional benefits from BAT courses.
For students and professionals with a passion for financial arts, the Business Accounting and Taxation program, or BAT course, delivers incisive information and unlocks new doors of opportunity.
The BAT courses will help graduate students who want to enhance their portfolios and professionals who wish to attain a competitive edge over their peers. After finishing the course, the student will have a basic understanding of accounting fundamentals, taxation, payroll policies, and the stock market.
Seven Benefits of BAT Courses for Graduate Students and Professionals
1. Short Term Specialization Course
The Post Graduate Program in Business Accounting and Taxation (PGP-BAT) takes five months. Nowadays, only a degree won’t guarantee a job; you need to stand out from the crowd. The world has become highly competitive.
The bar keeps elevating with the cry of every newborn, so refining your existing skills and adding new ones to your arsenal is the only way to keep up with a fast-paced world. The business world is a very lucrative industry, and people are naturally drawn to it, stay ahead of the curve by joining a postgraduate program and enjoy the benefits of BAT courses.
2. Specific Skill Oriented Structure
Conventional graduation programs don’t provide in-depth and practical knowledge in business accounting. The modules of the postgraduate BAT program are structured, designed, and curated by business specialists possessing years of experience in the realms of accounting and taxation.
Participants will be assigned to the position of an accountant and will be responsible for everything an accountant performs, including day-to-day accounting, monthly/quarterly Direct/Indirect Tax filing, statutory compliance management, and more. The Career Services staff will assist you with professional and personality growth, develop the necessary soft skills, and prepare for job interviews.
3. Gain A Competitive Edge
Accounting, auditing, and taxation are essential to the very structure of a business that wants to prosper and flourish, and professionals must oversee these responsibilities. A person holding a BAT certification is deemed competent and perfect for an organization’s economic expansion and profitable outcomes.
As a result, it will provide you with abundant work opportunities. The syllabus encompasses chapters on direct taxes, MS Excel, advanced accounting, indirect taxes, and other vital abilities that develop a person to affirm themselves as a valuable asset in the business world.
The entire course is designed so that it covers practically every aspect of accounting while also providing essential guidance and input from industry wizards, one of the many other benefits of bat courses.
The PGP-BAT course is a hands-on program that will expose you to experiential learning, problem-solving, and challenges in business accounting and taxation. The course provides students with knowledge of technical accounting systems such as System Application Product (SAP) and aspires to train them on par with Chartered Accountants or MBA professionals. ERP software, MIS reporting, and other topics are also covered in the course. The progressive study will prepare you to compete in an ever-evolving environment.
5. Boost Demand for Accounting and Taxation Consultants
Accounting and taxation are necessary, and experts must deal with the main requirements of any organization and these obligations. There is no possibility that career opportunities for accounting students will disappear soon. Virtually every business employs an accountant or a complete accounting division, and even the regular chump occasionally requires the assistance of an accountant.
Accounting job opportunities are expected to boost in the coming years. Accountants will be necessary as long as people need aid with taxes and businesses to exist. Between 2016 and 2026, the Bureau of Labor Statistics (BLS) expects a 10% increase in accounting jobs and benefits of bat courses. The statistics are considerably faster than the national average for all vocations.
6. The Possibility of Launching Your Own Business
Accounting is listed in Forbes magazine as one of the most promising professions for forthcoming college students, and this is likely because it is the type of career that can compete in today’s job market. Accounting professionals often become entrepreneurs after years of on-the-job experience, during which they have established a substantial network of marketable contacts. Accountants may feel more comfortable using the relationships they’ve made to start their establishment after years of networking. There is still work to be done as a self-employed accountant.
7. An Advancement Opportunity
Within the accounting field, there are numerous prospects for promotion. Modern financial statements and reporting are more than simply PowerPoint presentations; the finance industry is being pushed to become more strategic due to shareholder pressure. After gaining experience, an accounting professional can look for various opportunities in the financial field.
Jobs as an analyst, tax manager, and auditing assistant are standard options for accounting students. An extensive understanding of accounting principles is a solid starting point for moving up the corporate ladder.
Following the completion of the Business Accounting and Taxes (BAT) Course, you can pursue lucrative career opportunities in accounting, auditing, corporate taxation, real estate finance, personal finance consultant, and more in both the public and private sectors. The entry-level salary after the BAT course is around 2 Lakhs INR to 8 Lakhs INR p.a, and those are only some of the benefits of BAT courses. These are some of the career possibilities.
1. Analyst
An analyst gathers, researches, and applies sophisticated data to create actionable steps to enhance procedures and improve outcomes. Daily, they analyze corporate and client demands, assemble and assess data, and look for telltale trends or places for improvement.
After that, the analyst distributes the data to stakeholders and uses it to improve the efficiency and effectiveness of a service, commodity, or system. Many industries employ analysts to track the performance of their business activities or assist in developing new ones.
The Objectives of An Analyst
Enhance, execute, and communicate effectively significant analyses that uncover relevant patterns and opportunities across the organization.
Regularly meet with management to review and handle concerns to discover and implement improvements for more efficient operations.
Establish and manage KPIs in line with global guidelines, and create actionable roadmaps for improving workflows and processes.
Provide business partners and other organizational stakeholders with robust and fast financial and business analytic assistance.
2. Tax Manager
A Tax Manager’s primary responsibility is to prepare and file state and federal tax papers accurately. Tax managers also devise tax strategies and plan to assist clients or businesses in adhering to local and national tax rules and regulations. Finally, tax administrators identify and propose solutions to tax difficulties. Tax managers can work in-house for a company or as a consultant for several different companies.
The Objectives of a Tax Manager
Administer tax team personnel as they produce parts of the company’s federal income tax return and other tax papers.
Facilitate and oversee the preparation and evaluation of federal tax returns for the company, as well as the accurate and timely submission of all tax forms.
To ensure the consolidated federal, state, and local income tax returns and other business-related filings are filed accurately and on time.
Monitor legislative and regulatory tax law developments, convey the implications to management and the tax team, and devise strategies to take advantage of changes to taxation laws.
An audit assistant’s role is to keep track of and analyze a company’s financial records. Audit assistants compile financial reports and ensure that tax requirements are followed. They are used to assess an organization’s economic strengths and shortcomings. Their job includes double-checking accounting methods and systems for accuracy. They examine, appraise, and recommend modifications to accounting systems and controls in business units.
The Objectives of an Audit Assistant
Assign suitable payroll categories, recognize exclusions and coverage options, and allow overtime reductions when possible
To detect potential errors and fraud proactively, develop and administer multiple continuous monitoring tools and metrics using the ACL programming language.
Conduct an audit with the team, work with customers to collect data they have already prepared, and distribute it to each CPA.
Supervise the creation of Medicare and Medicaid cost reports and their submission.
An accounting manager is a professional who ensures that financial reports are fresh and correspond to industry standards. They deliver top management with regular activity updates and an annual budget proposal.
When employing an Accounting Manager, companies search for people who can supervise, track, and analyze day-to-day activities. Establishing financial status by building and implementing processes for collecting, evaluating, verifying, and reporting information is an accounting manager’s responsibility.
The objectives of an Accounting Manager
Oversee and analyze accounting data and generate financial reports or statements
Create and execute proper accounting methods, policies, and principles
Coordinate and complete annual audits
Provide recommendations
Enhance systems and procedures and initiate correctional actions
Allocate projects and direct faculty to assure obedience and preciseness
Satisfy financial accounting objectives
Structure and manage directories and reports to record transactions
5. Financial Risk Manager
A financial Risk Manager (FRM) is a qualified worker assigned by the Global Association of Risk Professionals (GARP). Hazard is evaluated by surveying financial markets and the worldwide sphere to predict modifications in trends. FRMs function in various businesses, including financial services, banking, loan origination, trading, and marketing.
Many direct their attention on sectors such as credit or market risk. The GARP FRM accreditation is widely deemed the gold standard for financial risk managers working in financial markets. Candidates must pass two tough exams and work two years in risk management to get the FRM certification.
Objectives of a Financial Risk Manager
Boost the likelihood of meeting budget and strategic goals
Reduce the volatility of cash flow
Ensure financial liquidity in the short term
Optimize the estimated cash flow and risk levels,
Learn long-term value creation by supporting operating, investment, and financial activities.
Obligations for transaction execution, risk analysis, and control, as well as transaction documentation and accounting, among multiple corporate units
6. Senior Accountant
Senior accountants are responsible for preparing financial reports, doing research and analysis, maintaining the general ledger, performing account reconciliations, assisting with audit preparations, and performing other accounting tasks.
To advance from a junior accountant to a senior accountant, professionals must demonstrate expert knowledge of accounting principles and familiarity with GAAP, yet as a capability to understand company financial policies and protocols. To excel within the position of senior accountant and to place yourself in a position to advance, you wish to possess these attributes as well:
Highly detail-oriented and arranged
Ability to fulfill a relentless stream of deadlines
Proven ability to figure both independently and collaboratively with different levels of employees
Superior analytical and problem-solving skills
Familiarity with accounting software and programs
Objectives of a Senior Accountant
A senior accountant must coordinate accounting operations and programs.
Creating financial reports and analytics.
Creating revenue estimates and budgeting for expenses.
Assisting with budget preparation and monitoring.
Maintaining and reconciling accounts on the balance sheet and in the general ledger.
Assisting in the preparation of annual audits.
Audit results, account irregularities, and non-compliance issues are investigated and resolved.
Creating tax returns for the federal, state, local, and special tax authorities.
A Bachelor’s degree in Commerce from any reputable academic institution is mandatory to enroll in the course and gain the benefits of BAT courses. Apart from that, the acceptance prerequisites may alternate boiling down to the institution picked. First-year students and candidates with less than two years of work experience will benefit the most from the training.
But even professionals who wish to obtain a competitive advantage over their peers can benefit from the Business accounting and taxes course, which will give them deep accounting knowledge and open new doors of opportunity.
FAQs
1. What is the average wage for a business accountant and tax accountant?
ERP systems, MIS reports, SAP, accounting software, audits, payroll knowledge, service tax knowledge, and so on are all essential components of a company, accounting, and tax program. A business accounting and taxation program in India pay between 2 lakhs and eight lakhs INR p.a, one of many other benefits of BAT courses.
2. What is the process for enrolling in a BAT course?
Go to your preferred institute’s website and fill out the application form to apply for the BAT course. You must have a bachelor’s degree in a Commerce-related specialization as a minimum qualification for a BAT course.
3. What is a BAT course?
The Business Accounting and Taxation program is for graduates who desire to advance their careers in business accounting and taxation. Business Accounting and Taxation entails various duties and responsibilities that the Business Accounting and Taxation practitioner must fulfill. The top five responsibilities or roles of a Business Accounting and Taxation professional are listed below.
4. What are the career benefits of BAT courses?
You can choose from a variety of prospective job descriptions after completing this course, including tax consultant, corporate legal assistant, company law assistant, financial manager, accounts executive, and tax analyst, to mention a few. BAT talents typically pay between Rs. 4 LPA and Rs. 5 LPA on average. These are some of the benefits of BAT courses that you will attain after the program completion.
5. How lengthy can acquiring a BAT certification be?
The Business Accounting and Taxation certification takes 3-4 months but mainly relies on the candidate’s commitment and focus.
Conclusion
With time and heightened understanding, many people today recognize the necessity of filing taxes. Corporations employ Business Accounting and Taxation expertise to manage the establishment’s many accounts and tax filings relating to clients, employees, vendors, inventory, etc. Individuals, as well as companies, need Business Accounting and Taxation specialists. Because filing taxes may be a time-consuming process, many people seek the assistance of Business Accounting and Taxation masters. Accounting skills such as business accounting and taxation have forever been in demand.
Businesses and individuals have gradually acknowledged the significance of tax filing and bookkeeping. Business accounting and taxes strategies and methods have advanced, making them more complex and detailed. A BAT course is an all-inclusive credential program administered through classroom and online classes that provides students with a detailed understanding of Accountancy. It has a diverse curriculum. This post aims to inform you about the many advantages of taking the BAT course. We hope it has given you a better grasp of this rapidly expanding accounting discipline and enlightened you on the benefits of BAT courses. Let us know in the comments below.
Business accounting and taxation, also referred to as BAT has always been an in-demand skill in the accounting sector. Today big companies and individual businessmen have understood the importance of accounting and taxation. With people and companies becoming aware of the importance of tax filing, the demand for BAT professionals is growing. Over the years the process of accounting and taxation has changed and become more detailed. Professionals are required to keep themselves updated with the changing taxation policies and file returns for the companies or individuals in the speculated time. BAT is a professional program for individuals interested in the accounting field. If you want to make a career in this domain, here is a list of the top 9 institutes offering Business Accounting and Taxation courses in Mumbai.
What is Accounting?
A systematic recording, analysis, and interpretation of financial information of a business are referred to as business accounting. Accounting can be done by an individual or by a group of people depending upon the size of the organization. Financial accounting involves preparing financial sheets like cash and income flow statements, balance sheets, etc. Accounting helps businesses to meet their compliance obligations and make smart choices with their money.
What is Taxation?
Taxation is a legislative process where the authorities, usually the government or the state, levies tax on individuals, groups, and companies. Taxation is an important component of a country’s financial structure. This is a source of revenue for the government which is used for economic growth and development.
In India, the tax levied is divided into two categories, Direct Tax, and Indirect Tax. Taxes that are paid directly to the government are referred to as Direct taxes. These taxes are levied upon income and property, which are assessed by the government. The rate of tax is determined by the Ministry of Finance each year in the annual budget.
Whereas taxes levied upon sales of goods and services is referred to as Indirect tax. This is governed by the Good and Service Tax, 2017. The Central Goods and Service Tax (CGST) and Integrated Goods and Service Tax ( IGST) are paid to the Union whereas the State Good and Services Tax (SGST) is paid to the state. It also includes The Central Exercise Act 1944, The Customs Act 1962, and The Goods and Service Act 2017, and in certain cases Sales Tax is also applicable.
The course lays a platform for fresh graduates and interested candidates to build a carrier in this field. The program aims to teach the students the Indian taxation system, basics of accounts, payroll policies and some very important concepts of economics, and much more. It imparts in-depth knowledge for a better understanding of the subject.
Mumbai is the financial capital of the country, there is a vast scope of students who peruse Business Accounting and Taxation courses in Mumbai. Candidates with this certificate can work in various government and non-government organizations.
With this certificate, one can work in numerous fields of accounts and taxation, like Taxation, Auditing officer, Revenue agent, Corporation Taxation, Accountant, Tax Policy Analyst, Employment Tax specialist, and other such.
Here are a few other courses that could be of your interest.
The interested candidates should have a Graduate degree in Commerce to do a Post Graduate program in Business Accounting and Taxation. This is beneficial to fresh graduates who have less than 2 years of experience. There are no exams conducted for admission in this course, admission depends on the percentage you attained in graduation.
Interested applicants can visit the official website of the institutions and get the details from there. Here is a list of the top 9 institutes that offer these ensure Business Accounting and Taxation courses in Mumbai.
Rank# 1. BAT Courses in Mumbai
1. IIM Skills
IIM Skills is a renowned institution offering professional courses online. One of the top-selling lines is their Business Accounting and taxation courses in Mumbai as it is designed keeping in mind the up-to-date industrial skills. The course covers fundamentals before going to the advanced topics. This makes it easy for the students to understand the topics with clarity.
The institute has trained over 25,000 students and given them proper assistance for global placements. IIM skills shares tie-ups with companies like Dell, Amazon, IBM, HTC global services, and other big leaders which has made it easy for them to understand the market trend while developing their curriculum. The course is divided into 6 modules and takes about 4 months to complete.
Founded in 2009, Laqshya is a government-recognized ISO-certified institute in Mumbai with various locations across the city. They ensure that their students meet the industry requirements, therefore they have a detailed curriculum that is prepared by professionals in the field.
Their trainers are highly qualified professionals from the industry. The students are provided with classroom training along with practical sessions on weekdays or weekends depending on their availability. For this reason, the institute is on the top 9 list of Business Accounting and Taxation courses in Mumbai.
An online option is available for people who cannot attend the class in person. Certification is given only to those students who clear the assessment. The course is offered to freshers and professionals with different models to suit the level of the student’s understanding.
Located with its headquarters in Thane (W) in Mumbai, ITTA is spreading its wings all over the country. Currently, they have branches in the western & eastern suburbs of Mumbai, Pune, Ahmadabad, and Vadodra. Accounting Shiksha is a course designed to impart practical knowledge in accounting.
This course is offered in 4 languages Hindi, English, Gujarati, and Marathi. This is the only institute to conduct Business Accounting and Taxation courses in Mumbai in 4 different languages. The program is a good blend of Tally, accounting, and Taxation, where the students not only learn Tally and accounts but also the implementation of these in the real world.
As the institute focuses on the importance of practical learning and application, thus 70% of its curriculum is based on understanding and application of practical accounting and taxation. This course is partnered with a few colleges in Mumbai and Gujarat. The Chartered Accounting Committee also approves it.
The institute is a selective partner of Tall pan India which gives them the authority to provide discounts for students when they purchase Tally software. The program is completed in approx. 50 hours. On completion, the students are given a certificate from ITAA and Tally Academy.
Course Curriculum
Tally Prime- Basic and advanced accounting
Learning from experienced experts as faculties
Practical experience with the appropriate market practices
EduPristine is one of India’s largest and oldest Accounts and finance Training Providers. Founded in 2008, EduPristine provides an online platform and a network of classrooms pan India that caters to the growing demand for various courses through physical classes, self-paced and online learning.
To apply for the BAT courses in Mumbai, the candidate must be a commerce graduate and /or a fresher with less than 2 years of work experience. This course is a mix of theory and practical experience to give the students an overview of their working environment. This helps the students to excel in their jobs. The business and taxation program takes about 5 months to complete.
5. NIFM- Diploma in Financial Accounting, Auditing & Taxation
NIFM is a top institute in India providing courses in the financial market, accounting, and taxation. It is a private vocational training institute, providing short-term and long-term courses across the country. They conduct online and offline line programs. They use a practical approach and work on live projects that improve the student’s understanding.
They continually modify their courses as per the industry’s needs. The designed course meets the industry demands in the Business accounting and taxation sector. To take admission in this program the candidate must have a 10+2 certificate and be familiar with computers, MS Office, and the Internet. The course takes 9 months to finish.
Course Fee:
₹ 85,000 +GST ( in 6 installments)
₹ 75,000 +GST (onetime payment)
Curriculum:
Business Accountancy
Goods and Service Tax (GST)
GST filling with Tally ERP 9
TDS/TCS
Tally ERP 9
Income tax
Payroll
Auditing
Key Features:
Practical training from industry experts
Diploma in Financial Accounting Certification from NIFM
Personality development assistance
100% placement assistance
Flexible Schedule
Rank# 6. BAT Courses in Mumbai
6. Aptech Learning –
Aptech institute is one of the best educational institutes for professional courses. Under the umbrella of Aptech Limited, Aptech learning conducts courses in IT learning solutions, banking and finance, and English communication. It is one of the premium institutes to conduct Business Accounting and Taxation courses in Mumbai.
The institute teaches the latest accounting techniques and trains the students for various roles in the field of accounts, finance, banking, and tax Qualified teacher help the students achieve their goals. The institute also conducts various placement workshops, jobs, and industry seminars soo that the students can interact with industry experts.
BAT courses are 15 months long where classes are held on the campus for 2 hours a day, 3 s in a week. The program can be perused by any undergraduate working professional.
Course Fee: The course is priced between ₹ 48,000 – ₹ 70,000
Curriculum
The program is divided into two parts. The first part covers basic computer applications, business accounting, and tally. The second part focuses on advanced accounting and banking & financial services.
Part 1
Business Computer Applications
Advanced Excel
Business Accounting
Accounting with tally-ERP9
Accounts receivable and accounts
Payable ( AR and AP)
Recording and Reporting ( RR )
Business Communication
Project 1 ( Business accounting and tally)
Part 2
Statutory Compliance
Payroll (PR)
Direct Tax
Goods and Service Tax ( GST)
TDS
Advanced Accounts
Banking and financial services
Financial Accounting and Cost
Controlling-ERP
Project 2
Key Features:
Explore the world of finance with an extensive opportunities
Training in accounts, banking, finance, and transaction
7. Learning Stage – Practical Business Accounting and Taxation
The learning stage offers Practical Business Accounting and Taxation courses in Mumbai where they follow 80% practical and 20% theory, model. For in-class learning, they conduct classes in Thane and Navi Mumbai. The institute has highly professional trainers who are setting global standards for professional practical training with advanced job-oriented courses.
The course is offered in the classroom, online, and through direct learning methods. Students can choose their available time from weekdays to weekends, and it takes up to 3 months to complete the course. There is a fast track option available which can be completed in 1 month. This is one of the few institutes that provide Business Accounting and Taxation courses in Mumbai on a fast track.
Course Fee: ₹ 15,000 (they currently have an off of 20% off)
Basics of Accounting covering financial statements & reports
Routine Entries
Balance Sheet Finalization
Direct tax – Income Tax Computation
TDS Deduction
TDS Correction Process
Short Term & Long Term Capital Gain Calculation, DTAA-Act
Online ITR-I, ITR-II & ITR-III E-filling
Gift Tax, Clubbing of Income
Complete Introduction of CGST, SGST, IGST
GST return filing
New tax invoicing system
Input tax credit
E Payment and Returns under GST sections
Transfer of tax credit
Payroll Reports and MIS reports
Employee’s Taxation, Professional Tax
Provident Fund, ESIC, Gratuity, and Bonus
Advance Excel
Key Features
Affordable fee
Practical training
Personal Guidance
Best faculty
Flexi mode
Carrier assistance
Rank# 8. BAT Courses in Mumbai
8. IBA – Practical Accounts and Taxation (PACT)
Institute of Business Applications (IBA) is a well-known name offering business accounting and taxation courses in Mumbai. It is India’s highest-quality education service provider. They have many courses in accounting, finance, taxation and PACT course are a few to name which make the candidates ready for the industry.
Their practical accounting and taxation skills course is called the PACT. The course focuses on improving accounting skills and learning concepts of taxation which improves their carrier prospects in the accounts field. Students who intend to join this course should be a graduate in any field.
Professionals and business owners can also take this course to improve their accounting skills. This is a good course as it is flexible and available to do on weekdays and weekends for working professionals, for which reason it is on the top 8 list of Business Accounting and Taxation courses in Mumbai.
Course Syllabus:
Account up to finalization
Accounting standard
Payroll
Financial report analysis
Audit
Income tax, GST & TDS
Course Highlights
The institute offers the best practical skills along with training
Easy Method of explaining
Has a good Learning Environment
100% job placement
Helps in building confidence for independent working
Henry Harvin is a top Education company offering many programs to up-skill across the globe. The institute offers many courses in finance and taxation and BAT is one of the best courses to avail. The course covers, Accounting, Income Tax, GST, Payroll Hr payroll, etc.
The course is designed in a way that it gives the students practical knowledge through Tally and Excel. This is a 6 months intensive course with additional 6 months for an internship. The institute is affiliated with big MSMEs, foreign institutes, and the Government of India and gives Master Certification in Accounting and Taxation which is globally accredited.
This 9-in-1 program consists of training, projects, internship, certification, placement, e-learning, boot camp, hackathons, and gold membership making it one of the top courses to do.
Course Curriculum
GST Practitioner- GST, Models of GST, GST Invoicing, Returns, and Refund
Income tax course- Income Tax return / Tax Audit, Income Tax, Exemption, and Deduction
Financial Statement Analysis – Prepare Statutory Reports, PF, ESI, PT, TDS, and more
Know about Labor Law Statutory compliance, Provident Fund, Professional Tax
Learn Advanced Excel Functions
Learn about the Comparative analysis of the Provisions of Depreciation in the Income Tax
Learn Accounting Management with Advanced Tally ERP 9
Learn SAP Integration, SAP FI- Financial Accounting basic settings
Highlights
Soft skill development
Resume Writing
6 months of internship
100% placement assistance
Interview Guarantee
Integrated curriculum
Industry graded projects
FAQ
Q1. How do I apply for Business Accounting and Taxation courses in Mumbai?
To apply for Business Accounting and Taxation courses in Mumbai, one can directly contact the institute or check their website for details. Most of the institutes provide admission details on their website where they ask you to fill out an application form so that they can get in touch with you.
Q2. What are the eligibility criteria for doing Business Accounting and Taxation courses in Mumbai?
Most of the institutes ask for a graduation degree in commerce. Some institutes take some some some some institutes take to students holding graduation in other fields as well. Students awaiting their final results can also apply. Fresh graduates who have less than 2 years of experience are also eligible for this course. Having some knowledge about accounting and Excel is helpful during this program.
Q3. Why do companies require Business accounting and tax professionals?
Companies require business accounting and tax professionals for various accounts and tax-related jobs such as bookkeeping of sale purchases, expenses, etc, tax filing, tax calculation, etc. Nowadays, even individuals require BAT professionals to do their accounts and tax-related work.
Q4. Do institutes provide certification for doing the course?
Yes, all institutes provide certification at the end of the course. In some institutes, the candidate is required to clear the assessment to get a certificate.
Conclusion
Mumbai is a hub of business in India and opens many opportunities for people doing a course in business accounting and Taxation. BAT course certificates create many avenues like Accounts executive, Clerk, Supervisor, Auditor, Evaluator, and many more such opportunities. One doesn’t need to work for big companies and can open a business as they gain experience in the field. Today’s generations have become aware of the importance of taxation and want to file income tax returns, they also want help in maintaining their financial holding, and here is where a BAT professional can come to assist. There are many opportunities in this field and to peruse this course the list here of Business Accounting courses in Mumbai would be of great help.
