A concise and practical guide to financial modeling in Excel
In The Essentials of Financial Modeling in Excel: A Concise Guide to Concepts and Methods, veteran quantitative modeling and business analysis expert Dr. Michael Rees delivers a practical and hands-on introduction to financial modeling in Excel. The author offers readers a well-structured and strategic toolkit to learn modeling from scratch, focusing on the core economic concepts and the structures commonly required within Excel models.
Divided into six parts, the book discusses the use of models and the factors to consider when designing and building models so that they can be as powerful as possible, yet simple. . Readers will also find:
The foundational structures and calculations most frequently used in modeling, including growth- and ratio-based methods, corkscrews, and waterfall analysis Walkthroughs of economic modeling, measurement, and evaluation, and the linking of these to the decision criteria. These include breakeven and payback analysis, compounding, discounting, calculation of returns, loan calculations, and others Structured approaches for modeling in corporate finance, including financial statement modeling, cash flow valuation, cost of capital, and ratio analysis Techniques to implement sensitivity and scenario analysis Core aspects of statistical analysis, including data preparation, manipulation, and integration The use of approximately 100 Excel functions within example modeling contexts Further Topics Sections, which introduce advanced aspects of many areas, in order to provide further benefit to more advance readers, whilst presenting the truly essential topics separately. Examples of these include introductions to PowerQuery and PowerPivot, as well as advanced waterfall structures
An invaluable, all-in-one blueprint for learning financial modeling in Excel, this book is ideal for beginning and intermediate financial professionals and students seeking to build and reinforce essential topics in financial modeling.
By:
Michael Rees (Audencia Business School)
Imprint: John Wiley & Sons Inc
Country of Publication: United States
Dimensions:
Height: 241mm,
Width: 168mm,
Spine: 23mm
Weight: 408g
ISBN: 9781394157785
ISBN 10: 1394157789
Pages: 336
Publication Date: 11 May 2023
Audience:
Professional and scholarly
,
Undergraduate
Format: Paperback
Publisher's Status: Active
About This Book The Author Dedication PART I: INTRODUCTION TO MODELING Chapter 1: Modeling and Its Uses Chapter 2: Principles of Model Design PART II: ESSENTIALS OF EXCEL Chapter 3: Menus, Operations, Functions and Features Chapter 4: Sensitivity and Scenario Analysis PART III: GENERAL CALCULATIONS AND STRUCTURES Chapter 5: Growth Calculations for Forecasting Chapter 6: Modular Structures and Summary Reports Chapter 7: Scaling and Ratio-driven Forecasts Chapter 8: Corkscrews and Reverse Corkscrews Chapter 9: Waterfall Allocations Chapter 10: Interpolations and Allocations PART IV: ECONOMIC FOUNDATIONS AND EVALUATION Chapter 11: Breakeven and Payback Analysis Chapter 12: Interest Rates and Compounding Chapter 13: Loan Repayment Calculations Chapter 14: Discounting, Present Values and Annuities Chapter 15: Returns and Internal Rates of Returns PART V: CORPORATE FINANCE AND VALUATION Chapter 16: The Cost of Capital Chapter 17: Financial Statement Modeling Chapter 18: Corporate Valuation Modeling Chapter 19: Ratio Analysis PART VI: DATA AND STATISTICAL ANALYSIS Chapter 20: Statistical Analysis and Measures Chapter 21: Data Preparation: Sourcing, Manipulation, and Integration
Michael Rees is Professor of Finance at Audencia Business School in Nantes, France. He has over 30 years’ experience in senior roles at leading firms in finance and strategy consulting, including JP Morgan, Mercer Management Consulting, and Braxton Associates. He has also worked as an independent consultant and trainer, advising clients in private equity, auditing and consulting, finance, banking, insurÂance, pharmaceuticals, and other industries.
