Foundations of Financial Modeling

An Intensive 5-day Training Course

Foundations of Financial Modeling

Sensitivities, Scenarios, Risk & Optimisation

Foundations of Financial Modeling

Are the scheduled dates matching with your needs?

We provide a wider range of training options. Tailored and customized, we can deliver your organization’s training needs anytime, anywhere.

In-House Solutions ›

We currently have no scheduled session for this Course. If you are interested in running this course, please contact our Training Department at info@petroknowledge.com

Why Choose this Training Course?

This course is designed to develop your financial modelling skills through the evaluation and analysis of real-life case studies. It will also develop your knowledge and understanding of finance enabling you to make financial decisions which will, reduce costs, increase profit and minimize risk. The course will examine the latest tools and techniques modelling risk management and performance of oil & gas projects using sensitivity and scenario analysis, simulating world events, such as oil price volatility.

This course will feature:

  • Practical application of financial modelling skills to real life case studies in the Oil & Gas sector and your company
  • Development of finance knowledge and its application to business problems and decision making
  • The development of Financial Models which will be of practical use to you and your organization
  • Excel and the latest financial analysis tools and techniques

What are the Goals?

By the end of this course, participants will be able to:

  • Identify & make improved financial decisions
  • Develop financial models
  • Apply the latest tools and techniques to analyse financial data
  • Manage financial risk using financial models
  • Evaluate the performance of projects using financial models

Who is this Training Course for?

This course is suitable to a wide range of professionals but will greatly benefit:

  • Professionals who need to develop a greater understanding of finance
  • Professionals who need to develop their financial modelling skills
  • Those who make decisions using financial models or are impacted by those decisions
  • Those responsible for managing finance
  • Those responsible for managing or monitoring oil & gas projects

How will this Training Course be Presented?

Throughout the course delegates will work on case studies and real life examples to develop their Financial Modelling and Finance skills.

The course is taught by an experienced financial practitioner, who will guide you through finance and the latest tools and techniques, using a range of methods including discussions, case studies and exercises. Where appropriate, these will include real issues brought to the workshop by delegates.

The course is highly participatory ensuring that delegates leave with new skills to benefit their personal and organizational development.

Daily Agenda

Day One: Foundations of Finance
  • Financial & Management Accounting
  • Developing Financial Statements – Income Statement, Balance Sheet (Statement of Financial Position) & Cashflow Statements
  • Financial Performance using Ratio Analysis
  • Management Accounting – developing budgets
  • OPEX & CAPEX
  • Financial Terminology Explained
Day Two: Foundation of Modelling
  • Basic Excel functions
  • Steps to develop a Financial Model
  • Flow charting Techniques to improve Modelling
  • Input Tables
  • Pivot Tables
  • Foundation Analysis Tools in Excel
Day Three: Financial Modelling
  • Forecasting the Income Statement, Balance Sheet (Statement of Financial Position) & Cashflow Statements
  • Budgeting Models
  • Purchase Decisions
  • Modelling Finance Decisions – Equity or Debt and the Cost of Capital
  • Capital Investment Decisions – Payback, ARR, NPV & IRR using Excel
  • Graphs & Charts to support financial models
Day Four: Modelling Risk Management Scenarios
  • Identifying the major Risks in the Oil & Gas sector
  • Modelling Risk & Uncertainty
  • Sensitivity Analysis
  • Scenario Analysis
  • Break Even Analysis
  • Modelling & Managing changes in Interest Rates & Exchange Rates
Day Five: Modelling the Financial Performance of Oil & Gas Projects
  • Variance Analysis
  • Critical Path Analysis – Financial & Manpower implications
  • GANTT Charts
  • Earned Value Analysis
  • Managing Variances
  • Simulating changes in the project

Certificate

  • On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.

Other Training Courses You Might Be Interested In

Frequently Asked Questions

  • To register online through our website, please click “Enroll Now” on the course page, complete and submit the form. A confirmation e-mail and instructions will be sent to the participant’s e-mail.
  • You may also get in touch with our Registration Team on
    +971 50 981 7386 | +971 2 557 7389 or send an email to reg@petroknowledge.com

  • Payments can be made in USD or UAE local currency AED (Arab Emirates Dirhams) either by Bank Transfer or by Credit Card. Our Bank Account details will be provided on the invoice.
  • Course fees are payable upon booking unless a valid, authorized Purchase Order is provided and accepted.
  • Invoices will be sent via email/courier to the ID/name and address provided.
  • The course fee shall be settled prior to course start date. Corporate payments with existing payment policy shall be relayed to us in advance.

Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.

For corporate fees and group registration, please send your query to info@petroknowledge.com.

Follow Us:

Subscribe To Our Newsletter

    PetroKnowledge
    Chat with an assistant

    Mikee
    Hello there
    how can I assist you?
    1:40
    ×