An Intensive 5-day Training Course
Foundations of Financial Modeling
Sensitivities, Scenarios, Risk & Optimisation
Would an alternative date be more suitable?
We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.
We don’t have a scheduled session for this course at the moment. For more information and to enquire about future sessions, please feel free to reach out to our Training Department ([email protected])
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.
Frequently Asked Questions
Why PetroKnowledge?
PetroKnowledge is a globally recognized provider of training courses for oil and gas professionals, offering a wide range of specialized training courses designed to enhance knowledge, skills, and expertise in the energy sector. With courses tailored to meet the evolving demands of the oil and gas industry, PetroKnowledge helps professionals stay up-to-date with industry standards, technological advancements, and best practices.
Who are these training courses designed for?
Our courses are specifically developed for professionals in the oil and gas industry, including engineers, technical staff, managers, and other specialists looking to advance their careers. Whether you’re a seasoned expert or new to the sector, our training for oil and gas professionals is suited to individuals at all stages of their professional journey.
Are the courses delivered online or in person?
PetroKnowledge offers flexible learning solutions with both online courses and in-person training options. Online courses for oil and gas professionals provide the flexibility to learn from anywhere, while in-person courses offer a hands-on, interactive learning environment. Each training course page provides detailed information on the delivery format, allowing you to choose the option that best meets your learning style and schedule
Can I get a customized training course for my team?
Yes, PetroKnowledge offers customized in-house training solutions for organizations looking to upskill their teams. We work closely with companies to design bespoke training courses for oil and gas professionals that address specific challenges and objectives. Whether you need on-site training or online solutions, we can tailor the training courses to suit your organization’s needs.
Are there any prerequisites for attending a course?
Certain advanced training courses for oil and gas professionals may require prior experience or technical knowledge. These prerequisites ensure that participants can fully benefit from the course content. We recommend reviewing the course description on the relevant page to determine if any prerequisites apply to your selected course.
How can I enroll in a course?
Enrolling in one of our training courses for oil and gas professionals is simple and convenient. Navigate to the specific course page, click “Enroll Now,” and complete the registration form. You will receive a confirmation email with further details on how to proceed.
You may also get in touch with our Registration Team on
+971 50 981 7386 | +971 2 557 7389 or send an email to [email protected]
When should I expect to receive confirmation of registration?
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.
Will I receive a certificate after completing the course?
Yes, upon successful completion of our courses for professionals in the oil and gas industry, you will receive an industry-recognized certificate from PetroKnowledge. This certification is designed to validate your skills and knowledge and can significantly enhance your professional credentials, boosting your career prospects in the competitive oil and gas sector.
When and how do I arrange payments?
We offer two convenient payment options:
- Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
- Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.
What is the refund or cancellation policy?
Our refund and cancellation policy varies depending on the course and circumstances. Generally, cancellations made at least 21 days before the training are eligible for a refund, less any administrative fees. If you have any specific inquiries about the cancellation or refund, don’t hesitate to contact our support team, who can assist with your booking and cancellation queries.
Is there a discount for more than one registrant/course?
For corporate fees and group registration, please send your query to [email protected].
