Free Business Analytics Courses & Certifications Online

Financial analytics is the process of using tools as well as combining and analyzing datasets to get insights into the financial performance of the organization. By enrolling in financial analytics courses, students will become efficient in financial analysis. Technical skills including financial modelling, analysis and forecasting will be covered in the courses for financial analysts. 

 

Why Enrol in Courses for Financial Analysts?

 

1. After completing online courses for financial analysts, students will learn about financial statement analysis.
2. Those who complete these courses will also become proficient in using financial statement analysis tools.
3. Financial statement analysis concepts as well as their applications in investment and business management will be explained thoroughly.
4. Students will develop an analytic approach to financial statements and financial reporting.
5. Learners will comprehend how issues related to corporate governance impact financial reporting.

 

Skills Acquired Through Online Financial Analytics Courses

Those who have completed online financial analytics courses will acquire the below-mentioned skillset: 

 

Skills	What Will Students Learn
Financial Modelling	Building complex financial models in Excel and other platforms Scenario analysis and sensitivity testing Cash flow modelling and forecasting Integrated financial statement modelling (income statement, balance sheet, cash flow) Merger and acquisition (M&A) modelling
Data Analysis	Advanced Excel techniques (pivot tables, macros, VBA) Data cleaning and preparation Data visualization through tools like Tableau or Power BI Big data analytics using tools like Hadoop or Apache Spark Programming in Python or R for data analysis
Financial Analysis	Ratio analysis (profitability, liquidity, solvency, efficiency ratios) Trend analysis and comparative analysis DuPont analysis Cost of capital calculation Working capital analysis
Business Valuation	Discounted Cash Flow (DCF) analysis Comparable company analysis Precedent transactions analysis Asset-based valuation Option pricing models
Financial Reporting	Understanding and analyzing financial statements GAAP and IFRS reporting standards Management discussion and analysis (MD&A) interpretation Earnings quality analysis SEC filing analysis (10-K, 10-Q, 8-K)
Statistical Analysis	Regression analysis (simple and multiple) Time series analysis and forecasting Hypothesis testing Probability distributions Correlation analysis
Risk Management Tools	Value at Risk (VaR) calculations Monte Carlo simulations Stress testing and scenario analysis Credit risk modelling Market risk assessment
Financial Databases	Using Bloomberg Terminal, Thomson Reuters Eikon, or FactSet Extracting and analyzing data from financial databases Understanding database structures and SQL querying API integration for financial data retrieval Data quality assessment and data reconciliation
Algorithmic Trading	Basics of algorithmic trading strategies Backtesting trading algorithms High-frequency trading concepts Order execution algorithms Risk management in algorithmic trading

Syllabus of Online Courses For Financial Analytics

 

The following topics are covered in online financial analytics courses:

 

Accounting for Management	Financial Management
Quantitative Techniques	Investment Analysis and Portfolio Management
Managerial Economics	Business Analytics
Personal Finance	Business Research
Financial Markets	International Financial Management
Financial Institutions	Equity Valuation
Management Process	FinTech
Organizational Behaviour	Financial Derivatives
Strategic Financial Management	Investment Banking
International Accounting and Reporting	Sustainable Finance
Forensic Finance	Financial Modelling

 

Recommended Online Courses For Financial Analysts

Following online courses for financial analyst are recommended to learners:

1. Financial Analysis and Financial Management

This online financial analytics course helps students understand the implementation of standard financial models in Excel. Students will also learn how financial and strategic decisions are analysed through valuation models. 

2. Financial Analysis of Business 

Through this course for financial analysts, students will learn to analyse any business from financial, strategic and cost perspectives. Students will also learn different methods for making forecasts and making better business decisions.

 

3. Certificate Program in Financial Analytics

This online financial analytics course teaches analytics techniques for financial planning and optimizations. As the course progresses, students will learn to identify potential sources of risk through sensitivity analysis and macro analysis.

4. Diploma in Advanced Finance and Analytics

This course teaches about market functions for assessing financial risks and returns. Students will also become proficient in visualising and building financial models through analytical techniques to solve business-related challenges.

 

5. Financial Analytics Graduate Certificate

 

This financial analytics course explains finance and data analytics from an engineering perspective. Along with that, it will also help students learn ways to develop models of real-world systems. Students will learn about commonly used stochastic models.

 

6. Postgraduate Financial Analysis Program

 

This online financial analytics course teaches different financial valuation techniques including CAPM and DCF. After completing this course, students will gain proficiency in using Power BI for visualization and financial data analysis.

 

Recommended Books to Learn Financial Analytics

Following books are recommended while pursuing online courses for financial analysts:

 

1. Quantitative Financial Analytics: The Path To Investment Profits

The authors explain the different aspects of investment theory and security analysis with a focus on quantitative practices. If you are preparing for the CFA exam, this book will also help. 

 

2. Cash Flow Analysis: A Guide for the Corporate Financial Analyst

 

This book is a must-read for corporate financial analysts. You will learn how to create Capitalisation Tables, use cash flow information to present valuation and so on. 

 

3. Financial Modeling For Equity Research: A Step-by-Step Guide to Earnings Modeling and Stock Valuation for Investment Analysis

Written in an easy-to-read manner, this book covers all industry-standard concepts on financial analytics. This book is not just for beginner financial analysts but also for the advanced.

03-25-2022 00:00