See what a financial modeling and valuation course teaches, module by module, from accounting basics to DCF, comparables and advanced models.

A financial modeling and valuation course, often shortened to FMV, teaches you to forecast a company's performance and estimate what it is worth. Reading the syllabus before enrolling shows whether the course will leave you job-ready.

Module 1: Accounting and finance foundations

Income statement, balance sheet and cash flow statement, how they link, key ratios and basic accounting adjustments.

Module 2: Excel for finance

Lookups, logical functions, named ranges, data tables, scenario tools, formatting standards and shortcuts.

Module 3: Building a three-statement model

Revenue and cost drivers, working capital schedules, fixed assets and depreciation, debt and interest schedules, and balance checks.

Module 4: Forecasting and assumptions

How to set realistic assumptions using historical trends, industry data and management guidance, plus scenario and sensitivity analysis.

Module 5: Valuation fundamentals

  • Discounted cash flow, including WACC and terminal value
  • Comparable company analysis
  • Precedent transactions
  • Football-field style summaries

Module 6: Advanced models

Merger models and accretion/dilution, leveraged buyout models, and sector-specific models such as banking or real estate [verify which advanced modules TWSS covers].

Module 7: Valuation of different company types

How methods change for mature companies, high-growth businesses, startups and financial institutions.

Module 8: Presentation and communication

Turning models into clear summaries, charts and recommendations for decision makers.

Module 9: Capstone project

A full model and valuation of a real company, reviewed by faculty. This is the best proof of skill for recruiters.

Module 10: Career preparation

Resume building, interview questions and modelling test practice.

Typical duration

A thorough programme usually runs well over 60 hours, with more for advanced modules.

Questions to ask about any syllabus

  1. Do I build models live from scratch?
  2. Is there a capstone with feedback?
  3. Are advanced models such as M&A and LBO included?
  4. Is the material updated and Excel-based?

Who benefits

Finance and commerce students, CA, ACCA, CFA and US CMA candidates, and professionals in FP&A, research and consulting.

TWSS option

TWSS offers a Financial Modeling and Valuations programme and related finance courses .

Want the full FMV syllabus? Request a call-back and demo class from TWSS.