DATA ANALYSIS FOR FINANCE PROFESSIONALS (CFI STANDARD)
Live-Online Training: N210,000
Classroom Training: N 280,000
3 - 4 participants: 5% discount
5 or more participants: 10% discount
(Available also for Customised Training by Duration, Venue & Fee)
Course Description:
This intensive 3-day course is designed for finance professionals who want to leverage data analysis techniques to enhance their decision-making processes. Participants will learn to use Excel for financial modeling, statistical analysis, and data visualization to gain meaningful insights and create impactful reports.
Course Objectives:
● Understand fundamental features and functions of Excel for financial analysis.
● Build dynamic financial models for forecasting and decision-making.
● Apply statistical and analytical tools to draw insights from financial data.
● Create impactful charts, graphs, and dashboards for data presentation.
● Generate professional reports and automate reporting processes.
● Identify and troubleshoot common errors in financial models
Course Content
Day One
Introduction to Data Analysis and Financial Data
Welcome and Course Overview
○ Introduction to the course objectives and schedule
○ Importance of data analysis in finance
- Basics of Data Analysis
○ Introduction to data analysis concepts
○ Overview of data types and structures
○ Data collection methods and sources in finance
- Introduction to Financial Statements
○ Understanding balance sheets, income statements, and cash flow statements
○ Key financial ratios and their significance
4. Tools for Data Analysis
○ Introduction to Excel and other financial analysis tools (e.g., Python, R)
○ Basic Excel functions for financial analysis (SUM, AVERAGE, VLOOKUP, etc.)
- Case Study: Financial Statement Analysis
○ Hands-on exercise analyzing a company's financial statements
○ Identifying trends and making initial assessments
Day Two
Advanced Data Analysis Techniques
- Advanced Excel Functions
○ Pivot tables and data summarization
○ Advanced functions (IF, INDEX-MATCH, etc.)
○ Data visualization with charts and graphs
- Introduction to Statistical Analysis
○ Basic statistical concepts (mean, median, standard deviation)
○ Probability distributions and their applications in finance
- Financial Modeling Techniques
○ Introduction to financial models
○ Building a basic financial model in Excel
○ Sensitivity analysis and scenario planning
- Case Study: Financial Modeling
○ Hands-on exercise creating a financial model for a given company
○ Performing sensitivity analysis and interpreting result
Day Three
Data Visualization and Interpretation
- Data Visualization Techniques
○ Principles of effective data visualization
○ Creating interactive dashboards with Excel and Power BI
○ Visual storytelling for finance professionals
- Interpreting Financial Data
○ Key performance indicators (KPIs) and metrics in finance
○ Trend analysis and forecasting techniques
- Case Study: Data-Driven Financial Decisions
○ Hands-on exercise using data visualization to inform financial decisions
○ Presenting findings and recommendations