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DataCamp

Financial Modeling in Google Sheets

via DataCamp

Overview

Learn basic business modeling including cash flows, investments, annuities, loan amortization, and more using Google Sheets.


Have you ever wanted to plan for retirement, understand the stock market, or create a cash flow for your business? This comprehensive course guides you through the process of building robust business and financial models using Google Sheets. Recognized for its versatility, Google Sheets serves as an exceptional tool for creating detailed business models. It empowers you to establish a clear framework for various financial goals, such as tracking investment growth, and enables you to update this framework with real-time data. This introductory section will set the stage for what you can expect to learn and achieve through the course.



Core Modeling Techniques



The course delves into the basics of business modeling, with a particular emphasis on critical aspects like cash flows, investments, annuities, loan amortization, and planning for retirement. You will be introduced to the fundamental principles that underpin these financial concepts, providing a solid foundation for building and interpreting models. This segment is designed to equip you with the necessary knowledge to understand how different financial variables interact and affect each other in a business context.



Advanced Functions and Applications in Sheets



As you progress, the course will introduce more advanced features of Google Sheets, focusing on referencing and function skills essential for constructing sophisticated models. You will learn how to utilize these features to enhance the accuracy and efficiency of your models. By the end of this course, you will not only have a thorough understanding of the theoretical aspects of business and financial modeling but also gain practical skills in using Google Sheets to apply these concepts to real-world scenarios. This hands-on experience will be invaluable in both your professional and personal financial planning.

Syllabus

  • What are Models?
    • An introduction to modeling financial statements in Sheets focusing on balance and income statements, which help create cash flow models.
  • Time Value Money Models
    • Learn Sheet's financial model functions by creating investment models with the fv, pv, pmt, and nper functions. You will also learn how to pay off debts in a loan amortization table.
  • Planning and Investing Models
    • Saving for retirement is tricky, but in this chapter, you will learn how to create models that help you plan to save and use your money after retirement.
  • Probabilistic Models
    • Stock prices go up and down but can we model them? Learn about volatility and simulating stock prices in this final chapter.

Taught by

Erin Buchanan

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