IIM SKILLS vs Wall Street School Financial Modeling Course – A Comparative Analysis

This is a complete guide that compares IIM SKILLS vs Wall Street School Financial Modeling Course and offers complete details of the various aspects of the courses. There are a lot of discussions about which career to choose. After the 10th, you need to decide on Commerce, Arts, or Science streams. Then again after your bachelor’s degree, you must choose the next master’s course. After going through so much thinking and discussion, once you decide upon a course, then comes one of the most important decisions – which institute will be the best choice. So, if you have decided to pursue a career in financial modeling and are confused about the best course to choose from, then this article will clear your doubts with a comparison between IIM SKILLS vs Wall Street School Financial Modeling Course.

 

IIM SKILLS vs Wall Street School Financial Modeling Course

 

Before we start our comparison between IIM SKILLS vs Wall Street School Financial Modeling Course, let us understand a bit about financial modeling.

 

What is Financial Modeling?

Financial modeling represents a company’s position in a simplified manner with the help of financial models. It might not be able to reduce the risks, but surely with the help of financial models, one can predict the unforeseen changes in business and helps to reduce them.

 

Many different excel tools are used for developing financial models. Each financial model is utilized to solve a specific kind of business scenario – from guiding business decision-making to the valuation of securities for issuance of securities or debts or advising the company to make the correct choice in planning for mergers & acquisitions or raising capital.

 

Types of Financial Models

There are various types of financial models with each model having its own set of uses and each solves a specific business scenario.

Let Us See a Few Types of Models –  

  • Three Statement Model
  • Discounted Cash Flow (DCF) Model
  • Merger Model (M&A)
  • Initial Public Offering (IPO) Model
  • Leveraged Buyout (LBO) Model
  • Sum of the Parts Model
  • Consolidation Model
  • Budget Model
  • Forecasting Model
  • Option Pricing Model

Role of a Financial Modeling Expert

A person who is entrusted with the task of financial modeling is responsible for business decision-making and preparing and analyzing the models accurately. Based on the analysis of a financial modeling expert a company decides about its various plans and future scenarios.

Here Are a Few Scenarios Where a Financial Modeling Expert Can Present Analysis and Make Predictions That Will Help in the Decision-making Process –  

  • Valuation of the company’s securities
  • The decision about the future requirements of raw materials required by the company in its manufacturing process
  • Predicting any unforeseen changes likely to arise in future
  • Guiding a company with mergers and acquisitions scenarios
  • Analyzing upcoming market opportunities and advising the organization accordingly
  • Keeping a check on the investments and funding part

 

The job role of a financial modeling expert is exhaustive and depends on the company or organization and the type of work they are involved in. The role will also depend on your experience level. For freshers, starting level jobs require them to do specific tasks and then once you get possible exposures, gradually you can progress further.

 

Always select a course that helps you in shaping your skills and abilities and enhances your career prospects. So, this comparison between IIM SKILLS vs Wall Street School Financial Modeling Course will help you to analyze both the courses and make the decision accordingly.

 

Let us proceed with our analysis of the IIM SKILLS vs Wall Street School Financial Modeling Course. To make it simple, I have divided the comparison into different points, so it becomes easy to understand and compare.

 

The Main Points of Comparison Between IIM Skills Vs Wall Street School Financial Modeling Course Will Be as Below:

  • About the Institutes – IIM SKILLS vs Wall Street School
  • Course Highlights
  • Course Modules
  • Course Duration
  • Course Fees
  • Placement assistance
  • Eligibility Criteria

So, let’s begin our point-wise comparison between IIM SKILLS vs Wall Street School Financial Modeling Course. We will start with IIM Skills.

 

IIM Skills

About the Institute:

Set up 5+ years ago, IIM Skills successfully delivered over 2500 training classes that have trained and prepared over 15000 students globally for the job market in the financial modeling sector.

 

IIM Skills specializes in providing professional online classes, conducted Live. The classes are conducted by trainers that have over 12+ years of experience in their respective fields. They have an excellent team of experts who design the curriculum according to the demands of the particular sector. The virtual sessions are immersib=ve and offer the opportunity to interact and discuss about the various modules and financial applications.

 

The institute offers courses like –

Content Writing Master Course

Digital Marketing Master Course

Advanced SEO Course

Technical Writing Course

GST Certification Course

Business Accounting And Taxation Course

 

Course Highlights:

The financial modeling course highlights offered by IIM Skills :

  • Interactive live online course
  • Flexible scheduling
  • Practical assignments
  • Hands-on learning
  • Dedicated placement cell
  • 100% interview guarantee
  • Tool-based practical learning
  • Mentorship by top-level professionals
  • Community access to the alumni
  • Refund the amount of the fee in case you are not satisfied with the course after the first lecture
  • Accredited certification from IIM Skills
  • Full learning support
  • 3 months course duration + 2 months guaranteed internship

 

Now let us have a look at the course modules for the financial modeling courses offered by both institutes, so you can understand the courses and choose the best between IIM SKILLS vs Wall Street School.

 

Course Modules:

There Are 6 Modules for the Financial Modeling Course by IIM Skills

Module 1 – Basic to the advanced level excel training

Module 2 – Different accounting concepts and analyzing financial statements

Module 3 – Ratio / KPI analysis

Module 4 – Basics of financial modeling

Module 5 –What are various types of financial models and learn to analyze them

Module 6 – Business valuation

 

This is just a broad description of the modules covered. Each module is extensive and offers well-rounded learning of the various aspects of financial modeling.

 

Course Duration:

The duration of the financial modeling course offered by IIM Skills is 3 months with 50+ hours of lectures and 100+ hours of practical assignments. Along with this, you will be allowed to learn practically through 4 Live Projects and 5+ Case Studies.

 

Course Fees:

The fees for the financial modeling course offered by IIM Skills are ₹ 39,900 + 18% GST.  IIM Skills has an affordable fee structure, and all the course modules are designed to sharpen your skills and prepare you for the job world.

 

Placement Assistance:

Guaranteed placement assistance is offered by IIM Skills after successful completion of the financial modeling course. There is also an opportunity to learn from a guaranteed 2-month internship, provided in sectors like investment banking, financial modeling specialist, and valuation advisory.

 

So, you can learn in a practical real-world during the internship period and prepare for the job-related challenges of the real world.

 

Complete guidance in preparing your resume and preparing you for the interview, so you can appear confidently for the job interviews with 150+ placement partners.

 

Eligibility Criteria:

There are no specific requirements or prerequisites to enroll in the financial modeling course offered by IIM Skills. Although two skills form the base of financial modeling and it will be a plus point for you if you have these skills.

 

– an individual is pursuing a degree in commerce or finance

 

– an individual has basic knowledge of excel and it will be an added advantage

 

But in case you do not have any prior knowledge of excel, then also you can go ahead and choose the financial modeling course offered by IIM Skills, as the institute provides basic knowledge in excel in the first module. So even if you are experienced in excel, this will act as a refresher.

 

For more information, you can visit the IIM Skills Financial Modeling course. 

Now, this was a detailed comparison between IIM SKILLS vs Wall Street School Financial Modeling Course. Let us now learn about the details of the financial modeling course offered by The Wall Street School.

 

Recommended Reads

IIM SKILLS Financial Modeling Course Review

Financial Modeling Courses In India 

The Wall Street School 

About the Institute:

The Wall Street School Provides Courses in the Fields of –

  • Financial Modeling & Valuations
  • ACCA® Coaching
  • CFA® Coaching
  • CMA® Coaching
  • FRM® Coaching
  • CIMA® Coaching & more

There are a lot of course options to choose from and you can choose from online courses and instructor-led boot camps.

Let us go through the highlights of the Financial Modeling and Valuations course by The Wall Street School, so you can compare IIM SKILLS vs Wall Street School Financial Modeling Course.

Course Highlights:

  • The course focuses on providing practical training to its students, so they can cope with the actual job challenges.
  • Training is imparted by experts from the top investment banks.
  • The course material is designed most easily and simply and includes case studies for better clarity.
  • The institute asks for 40% of the fee amount upon enrolment. The remaining amount is to be paid after the placement process.
  • The institute shares contact details of previously placed candidates, so any doubts can be clarified with them, and they can share their experiences.
  • Full-time regular batches and weekend batches options are available.
  • Industry-recognized certification after the completion of the course.

Course Modules:

The Financial Modeling Course Offered by the Wall Street School is Divided Into 10-course Modules

Module 1 – Basic to Intermediate Excel

Module 2- Advanced Excel & PowerPoint

Module 3- Basic Finance Concepts

Module 4- Feasibility Study/Business Modelling

Module 5- Comparable Company Analysis

Module 6- Precedent Transaction Analysis

Module 7- Discounted Cashflow Valuation

Module 8- Merger Model

Module 9- Leveraged Buyout

Module 10- Mock Interviews and Resume Edits

 

Course Duration: 

The financial modeling course offered by The Wall Street School is offered in 2 options – Full-time regular batches and weekend batches options. Let us see the details in both options.

 

Regular Batches – Full time:

  • The course duration for the full-time financial modeling course is 6 weeks, with 180+ hours of lectures
  • Selection is based on merit and the course seats are limited
  • There is a charge of INR 1000 for the eligibility interview conducted by the institute before enrolment which will be refunded if a candidate is not selected. If the candidate is selected, then the amount will be adjusted in overall fees.

Weekend Batch:

  • The course duration for the full-time financial modeling course is 2.5 months, with 120 hours of lectures
  • Selection is based on merit and the course seats are limited

 

Course Fees:

The fees for the course are ₹ 40,000 + GST (on enrolment). The institute asks for 40% of the fee amount upon enrolment. The remaining amount is to be paid after the placement process. So, the amount of ₹ 75,000 will have to be paid once the candidate accepts the job offer.

 

Placement Assistance & Job prospects After the Course:

As per the course page of The Wall Street School, it is mentioned that the training program is perfect for any candidate who wants to develop a career in investment banking, equity research, or corporate finance.

 

Full placement assistance is provided by the institute, and so the institute asks only for 40% (i.e ₹ 40,000) of the total fee amount upon enrolment. The remaining amount is to be paid after the placement process. So, the amount of ₹ 75,000 will have to be paid once the candidate accepts the job offer.

 

Eligibility Criteria:

As per the institute, there is no prior experience required to join the course. If you are from any of the below-mentioned backgrounds or fall under the category of other working professionals, then also you can join the course.

CAS/CA Students

MBA (Finance)/CFA’s/CFA Pursuing students

Engineers

B.com /BBA Graduates

Now, this was a detailed comparison between IIM SKILLS vs Wall Street School Financial Modeling Course. Let us now summarize this comparison between the institutes.

 

Comparison Between IIM Skills Vs Wall Street School Financial Modeling Course – in a Nutshell

Both institutes deliver the best financial modeling courses that will help you gain a competitive edge in the field of financial modeling. Of course, there will be some differentiating factors between both institutes in terms of teaching styles and methodology, course contents, fees, duration, and more.

 

IIM Skills conducts Live online classes for the financial modeling course, and it offers an exhaustive package in terms of course modules, at an affordable fee of ₹ 39,900 + 18% GST. The fees for the course offered by The Wall Street School are ₹ 40,000 + GST (on enrolment). The institute asks for 40% of the fee amount upon enrolment. The remaining amount is to be paid after the placement process. So, the amount of ₹ 75,000 will have to be paid once the candidate accepts the job offer.

 

The financial modeling course offered by The Wall Street School is offered in 2 options – Full-time regular batches and weekend batches options. IIM Skills offers online classes for the financial modeling course and all the other courses it has to offer.

 

This was a brief comparison between IIM SKILLS vs Wall Street School Financial Modeling Course. Now let us address a few basic questions that often arise during the process of choosing the right course.

 

Frequently Asked Questions (FAQs)

 

Q1. Which is the best financial modeling course?

There are a lot of institutions offering financial modeling courses and it becomes very confusing to choose the best course. But for your career growth, it is very much necessary to select the course considering different factors like course modules and their contents, course fees, duration, mode of course offering – online and offline, and more. There are a few of the important points that you should go through carefully before choosing the best financial modeling course –

  • Information about the Institutes
  • Course Highlights
  • Course Modules
  • Course Duration
  • Course Fees
  • Placement assistance
  • Eligibility Criteria

I have based the comparison between IIM SKILLS vs Wall Street School Financial Modeling Course, on the above-mentioned factors so you can analyze and choose the best financial modeling course accordingly. Even if want to compare a few other institutes, take these factors as a base, and then compare between the institutes so you can get a clear idea.

 

Q2. Why choose IIM Skills for the financial modeling course?

IIM Skills is one of the leading online institutes that offers various professional courses like the Content Writing Master Course, Digital Marketing Master Course, Advanced SEO Course, Technical Writing Course, GST Certification Course, BAT, and Online CAT Classes.

Let Us Have a Look at the Reasons for Choosing IIM Skills for the Financial Modeling Course:

  • Interactive live online course
  • Flexible scheduling
  • Practical assignments
  • Hands-on learning
  • Dedicated placement cell
  • 100% interview guarantee
  • Tool-based practical learning
  • Mentorship by top-level professionals
  • Community access to the alumni
  • Refund the amount of the fee in case you are not satisfied with the course after the first lecture
  • Accredited certification from IIM Skills
  • Full learning support
  • Guaranteed internship for 2 months after the course

 

Q3. What are the skills required for financial modeling?

With the increased development in the financial sector, the requirements have risen for people with the necessary skills who understand and analyze the models accurately. The most basic requirements that are required for a financial modeling course are –Basic knowledge of excel and accounting.

 

Lots of other skills will be an added advantage like – attention to detail, a keen eye for detailed analysis and comparison, a logical reasoning ability to solve different problems, great presentation skills and learning capabilities, and a willingness to learn new things.

 

Having said this, these skills can be developed over time, and you can learn from your experiences. But 2 basic requirements can be an added advantage – Basic knowledge of excel and accounting. But still, I would say that these are not mandatory requirements since many institutes like IIM Skills offer the financial modeling course from a basic level, so it does not matter your level of experience. Every student starts their financial modeling journey from the same page.

 

Final Thoughts on the IIM SKILLS vs Wall Street School Financial Modeling Course

Before choosing the course make sure you go through the course contents carefully and select the course that offers you practical exposure. In case you have any questions regarding the course, then you can contact the institute and clarify your doubts.

 

IIM Skills offers a free demo session before the course. You can arrange to schedule a demo class with the institute.

 

Before Finalizing on Any Course, Make Sure You Keep in Mind the Below Points and Then Make a Final Selection – 

  • Select the course after comparing the fee amount and the course contents it has to offer as compared to the fees charged. Sometimes, it might happen that although the fees amount shown is less the course will not cover all the points that are essential for financial modeling. The course will only contain a few topics related to the subject. Having said that, it is also not necessary that the course that charges high fees will be the best.

 

  • Always check about the internship opportunities and placement assistance provided at the end of the course. An internship is very important as it introduces you to the actual job world and you can build a few contacts that can help you in your career.

 

  • Check the course syllabus accurately. You can google for the financial modeling job roles and then have a look at the course contents. The course should be such that it helps you to shape your career in a 360-degree manner and train you for all the challenges you may face in the real world.

 

  • Course selection should be based on the practical exposures it provides during and after the course. Financial modeling is all about preparing and analyzing financial models and so the course must provide you with practical exposure so that you can prepare the models and learn to analyze them accurately.

 

I hope this article will serve as a base for you to decide on the IIM SKILLS vs Wall Street School Financial Modeling Course. Even if are considering other courses, then take all the points discussed in this article as a base and choose the right course accordingly. The points of comparison are – information about the institutes, course highlights, course modules, course duration, course fees, placement assistance, and eligibility criteria.

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