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Hands-On Financial Modeling with Microsoft Excel 2019 summary
Brief summary
Hands-On Financial Modeling with Microsoft Excel 2019 by Shmuel Oluwa is a practical guide that teaches you how to build and analyze financial models using Excel. It covers key financial concepts and provides hands-on exercises to reinforce learning.
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Table of Contents
Hands-On Financial Modeling with Microsoft Excel 2019
Summary of key ideas
Introduction to Financial Modeling and Excel
In the book Hands-On Financial Modeling with Microsoft Excel 2019 by Shmuel Oluwa, we embark on a journey to learn the art of financial modeling using Microsoft Excel. The author introduces us to the fundamental concepts of financial modeling, its importance, and the role of Excel in this process. We understand how Excel, with its powerful formulae and functions, can be used to build financial models.
The first few chapters focus on the basic Excel operations, including formatting, data entry, and basic formulae. The author explains the importance of these operations in financial modeling and how they can be used to streamline the process. We also learn about the different types of financial models and their applications.
Building a Financial Model
In the next part of the book, we delve into the process of building a financial model from scratch. The author explains the importance of a structured approach and outlines the steps involved in creating a financial model. These steps include understanding the business, gathering historical data, making assumptions, creating forecasts, and performing sensitivity analysis.
We then learn about various Excel functions and tools that aid in building these models. The book covers topics such as data validation, lookup functions, and pivot tables, and how they can be used effectively in financial modeling. Throughout this section, the author emphasizes the importance of accuracy and attention to detail in financial modeling.
Advanced Financial Modeling Techniques
The book then progresses to more advanced financial modeling techniques. We learn about scenario analysis, goal seek, and data tables, and how these tools can be used to analyze the impact of different variables on the financial model. The author also introduces us to the concept of Monte Carlo simulation and its application in financial modeling.
Further, the book covers topics such as cash flow modeling, DCF (Discounted Cash Flow) analysis, and financial statement modeling. We understand how these techniques can be used to evaluate the financial health of a company and make informed investment decisions. The author also provides us with real-world case studies to illustrate the application of these techniques.
Model Testing and Validation
As we near the end of the book, the author emphasizes the importance of testing and validating the financial model. We learn about various techniques to check the accuracy and reasonableness of the model, such as stress testing, back testing, and model audits. The author also discusses the best practices to document and present the financial model.
In the concluding section, the author provides us with some practical tips and advice to excel in financial modeling. We understand the importance of continuous learning and staying updated with the latest financial trends and Excel features. The book ends with a note on the evolving landscape of financial modeling and the role of technology in shaping its future.
Conclusion
In wrapping up, Hands-On Financial Modeling with Microsoft Excel 2019 by Shmuel Oluwa provides a comprehensive guide to understanding and building financial models using Microsoft Excel. The book combines theoretical concepts with practical examples, making it a valuable resource for finance professionals, analysts, and students. By the end of the book, we gain a deep understanding of financial modeling techniques and how Excel can be leveraged to create accurate and efficient financial models.
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What is Hands-On Financial Modeling with Microsoft Excel 2019 about?
Hands-On Financial Modeling with Microsoft Excel 2019 by Shmuel Oluwa is a comprehensive guide that teaches you how to build and analyze financial models using Excel. With step-by-step instructions and real-world examples, this book will help you gain the skills and confidence to create accurate and effective financial models for decision making and analysis.
Hands-On Financial Modeling with Microsoft Excel 2019 Review
Hands-On Financial Modeling with Microsoft Excel 2019 by Shmuel Oluwa offers a comprehensive guide to mastering financial modeling using Excel. Here's why this book is worth reading:
- Provides step-by-step instructions on constructing financial models, helping readers understand and apply complex concepts effectively.
- Includes real-world case studies that bring theory to life, offering practical insights and preparing readers for real-world scenarios.
- The book's interactive exercises and hands-on approach ensure an engaging learning experience, making financial modeling both accessible and exciting.
Who should read Hands-On Financial Modeling with Microsoft Excel 2019?
Professionals in finance, accounting, and investment banking who want to enhance their financial modeling skills
Business owners and entrepreneurs who need to create accurate financial forecasts and projections
Students and educators looking to learn or teach practical financial modeling techniques using Excel
Categories with Hands-On Financial Modeling with Microsoft Excel 2019
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Hands-On Financial Modeling with Microsoft Excel 2019 FAQs
What is the main message of Hands-On Financial Modeling with Microsoft Excel 2019?
The main message of Hands-On Financial Modeling with Microsoft Excel 2019 is mastering financial modeling using Excel in a practical way.
How long does it take to read Hands-On Financial Modeling with Microsoft Excel 2019?
Reading time for Hands-On Financial Modeling with Microsoft Excel 2019 varies. The Blinkist summary can be read in a fraction of the time.
Is Hands-On Financial Modeling with Microsoft Excel 2019 a good book? Is it worth reading?
Hands-On Financial Modeling with Microsoft Excel 2019 is worth reading for its hands-on approach to mastering financial modeling in Excel.
Who is the author of Hands-On Financial Modeling with Microsoft Excel 2019?
The author of Hands-On Financial Modeling with Microsoft Excel 2019 is Shmuel Oluwa.
What to read after Hands-On Financial Modeling with Microsoft Excel 2019?
If you're wondering what to read next after Hands-On Financial Modeling with Microsoft Excel 2019, here are some recommendations we suggest:
- Basic Economics by Thomas Sowell
- The Ascent of Money by Niall Ferguson
- Think and Grow Rich by Napoleon Hill
- The 4-Hour Workweek by Tim Ferriss
- Rich Dad, Poor Dad by Robert T. Kiyosaki
- Secrets of the Millionaire Mind by T. Harv Eker
- The Richest Man in Babylon by George S. Clason
- Business Adventures by John Brooks
- The Most Important Thing by Howard Marks
- More Money Than God by Sebastian Mallaby
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