Average salaries after completing the financial modelling course

Put the right skill set on your resume, and you will have a solo spotlight on you in a crowded room of job applicants. Technical abilities are very much in demand in the finance industry and often give you an edge over your peers. The most coveted skill? It’s financial modelling. If you are proficient in this spreadsheet software system, you automatically gain an advantage over other candidates who are not. Your expertise in merging accounting and finance to produce a system of business metrics is greatly valued by companies across the country. You play an instrumental role in developing solutions to financial problems. You report the company’s fiscal details to outsiders and potential investors. The financial statements you create can help the organisation raise capital or acquire assets. Make no mistake; your coveted skills in financial modelling can help measure and control a company’s productivity and success. 

Financial modelling is such an important job, it has created a massive demand for qualified professionals. The remuneration for these candidates is on par with the best in the financial industry. So let’s probe deeper to learn more about this very lucrative profession. 

Financial models are the backbone of the corporate world

A successful organisation always keeps track of every penny spent, such as expenses, income, salaries or miscellaneous outgoings. A financial model helps to efficiently monitor these fiscal details. 

Proficient accountants use advanced software to create spreadsheets to summarise and analyse business performance while measuring relevant financial information. When correctly filed, this data can help make predictions and informed decisions. Financial modelling involves creating a balance sheet, income statement and cash flow statement. These documents provide vital knowledge and statistics to help businesses move forward in the right direction. 

  • Helps to collate large data and intricate numbers 
  • Keep a periodic track of the business performance 
  • Creates an accurate valuation 
  • Offers a proper understanding of the financial aspects of the company
  • Minimises future risks
  • Creates quick outputs
  • Gives insights that help to see the bigger picture 
  • Helps to make business-savvy decisions 

All about the financial modelling course 

As mentioned earlier, this is a precise measuring system for a company’s expenses and revenue. It is exceptionally useful for finance managers and accountants as it helps them work more effectively. 

If you are planning to join the industry or you’re already a part of it, a financial modelling course will help upgrade your skill set and open up better opportunities. 

It is especially relevant for finance professionals in commercial banking, equity research, investment banking and corporate finance. To get started, a course can help you learn the tools and techniques to operate the software. 

Financial modelling course details 

It is a three-month program that teaches students the core skills to create financial statements and reports. It is open to:

  • Undergraduate students
  • Graduates 
  • Postgraduates/MBA students
  • Working professionals 

The program offers training in:

  • Advanced training in MS Excel
  • Accounting skills 
  • Creating forecasts
  • Making effective presentations
  • Processing a vast quantity of data into a legible and efficient format 

The syllabus is as follows: 

  • Module 1 Problem-Solving in Excel
  • Module 2 Financial statement analysis
  • Module 3 Corporate Finance
  • Module 4 Project Finance
  • Module 5 Equity Modeling

Read 10 benefits of learning financial modeling course

Why you should do the financial modelling course with IMS Proschool 

IMS Proschool was the first to offer this program to those hoping to make a mark in the finance industry. The institute has created a specially designed course that uses inventive learning methodologies to train students in the various functions of spreadsheet software. From day one, the course does not waste any time. It immediately launches into a cohesive learning program that prepares you for entry-level jobs in the financial and accounting domain. You are proficient in creating statements for various companies, and you also help them solve problems. 

  • It is a 3-month, intensive course 
  • You learn how to analyse business performances, build models and make recommendations on improvements
  • Core concepts taught include financial statement analysis, financial math, corporate finance and equity modelling
  • The faculty consists of trained professionals who have tremendous industry experience
  • You get the NSDC and Proschool certifications after completing the program
  • You can choose to sit in a live classroom, take the online route or study via distance learning
  • Companies who offer financial modelling jobs to Proschool students: 
    • PWC
    • PepsiCo
    • Deloitte 
    • Hindustan times
    • Citi Group
    • Accenture
    • Oracle Financial Software Services Ltd
    • Deutsche Bank
    • Saxo Group India Pvt. Ltd

Salary expectations after the financial modelling certification

As someone who monitors and handles the financial data of a company, you are well compensated for your efforts. Salaries for financial modelling jobs have been growing steadily in the past few years. Employers want competent, business-savvy professionals, who are skilled in advanced MS Excel functions and are willing to shell out the big bucks for the right hire. 

1. Job profile: Financial modelling analyst 

Your responsibilities include:

  • Creating effective models based on the historical and current financial information of a company 
  • Making suggestions to improve productivity and enhance performance 
  • Identifying key risk factors 

Salary packages:

  • The salaries range between Rs 5 lakhs to Rs 19 lakhs a year
  • Starting salaries for entry-level jobs are around Rs 3 – Rs 5 lakhs per annum 
  • Employees with over five years of experience can earn approximately Rs 7 – Rs 10 lakhs a year 

2. Job profile: Finance manager 

Your responsibilities include: 

  • Keeping track of the organisation’s budget for various departments
  • Based on the existing data, create new budgets to reflect changes within the company 
  • Ensure the financial statements are accurate and released on time 

Salary packages: 

  • The annual salaries range between Rs 5.5 lakhs to Rs 30 lakhs (for senior roles)
  • Beginners can earn Rs 5 to Rs 7 lakhs per annum
  • The average salary for experienced professionals is Rs 9 to Rs 12.5 lakhs a year 

3. Job profile: Private equity analyst 

Your responsibilities include:

  • Managing portfolios for clients 
  • Evaluating various financial ratios 
  • Creating financial reports that present your findings 
  • Analysing the various investment benefits of equity

Salary packages:

  • The salaries range from Rs 3.2 lakhs to over Rs 44 lakhs per year
  • The average annual salary for mid-level employees is Rs 9 – 10 lakhs 
  • Senior professionals can earn over Rs 40 lakhs annually 

4. Job profile: Investment banking analyst 

Your responsibilities include:

  • Conducting research and investigating market trends
  • Creating financial analysis models to evaluate assets
  • Collecting relevant financial data to improve business performance
  • Using your skills in financial modelling and valuation 

Salary packages: 

  • The salaries range from Rs 2.5 lakhs to Rs 25 lakhs annually
  • The average salary for experienced professionals is Rs 12 lakhs a year, but can go as high as Rs 17 – Rs 20 lakhs for MNCs