What you'll learn

Analyze IBM’s financial statements and develop key modeling assumptions.
Build and integrate income, balance sheet, and cash flow models.
Apply valuation techniques like DCF, EBIT, and equity adjustments.

Skills you'll gain

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Assessments

16 assignments

Taught in English

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There are 4 modules in this course

By completing this course, learners will be able to analyze IBM’s financial statements, construct integrated models, develop assumptions, forecast future performance, and conduct advanced valuation techniques. The course begins with foundational concepts of financial modeling, covering assumptions, structure, and applications, before progressing to forecasting and integration of the three financial statements. Learners then apply these principles directly to IBM’s financial data, gaining hands-on experience in income statement projections, balance sheet adjustments, and operational analysis. The final module introduces advanced modeling elements, including depreciation, amortization of intangibles, discounted cash flow, EBIT, and equity value adjustments.

This course is uniquely structured around a real-world case study of IBM, making it highly practical and industry-relevant. Learners benefit from a step-by-step approach that blends theory with application, ensuring clarity for beginners while providing depth for advanced learners. By the end, participants will possess the skills to build, interpret, and apply robust financial models for corporate decision-making, investment analysis, and valuation.

This module introduces learners to the fundamentals of financial modeling, covering the purpose, structure, and importance of assumptions. Learners explore how models are applied in practice, who uses them, and why they serve as a foundation for decision-making across industries.

What's included

11 videos4 assignments1 plugin

11 videosTotal 102 minutes

Financial Modeling Overview2 minutes
Learning Path3 minutes
What is Financial Modeling3 minutes
Why Assumptions are important2 minutes
Understanding of Financial Model12 minutes
What are Financial Models Used for14 minutes
Cash Flow Forecasting10 minutes
Who Uses Financial Models8 minutes
Different Types of Financial Models16 minutes
Balance Sheet Structure17 minutes
Best Practices to follow when Creating Financial Models9 minutes

4 assignmentsTotal 60 minutes

Graded - Introduction to Financial Modeling30 minutes
Getting Started with Financial Modeling10 minutes
Assumptions and Model Fundamentals10 minutes
Applications and Users of Models10 minutes

1 pluginTotal 30 minutes

Exploring the Foundations of Financial Modeling30 minutes

This module explores how to build core financial models, integrate financial statements, and use forecasting techniques. Learners understand best practices, the role of pictorial representation, and the value of structured assumptions in developing reliable models.

What's included

10 videos4 assignments

10 videosTotal 138 minutes

How do you Build your Model10 minutes
Cash Flow Statement15 minutes
How do you Build a Forecast in your Model16 minutes
Pictorial Representation14 minutes
Balance Sheet16 minutes
3 Statement Model11 minutes
Creating a Financial Calculator15 minutes
Add Inputs to the General Assumption Tab14 minutes
Add Inputs to the Balance Sheet12 minutes
Create Forward Assumption11 minutes

4 assignmentsTotal 60 minutes

Graded - Core Structure and Forecasting30 minutes
Building and Representing Models10 minutes
Statements and Integration10 minutes
Assumptions and Forward Planning10 minutes

This module applies financial modeling concepts to IBM as a case study. Learners work with income statement projections, balance sheet adjustments, and IBM-specific financial data to develop realistic forecasts, incorporating operating expenses, accounts payable, and management insights.

What's included

11 videos4 assignments

11 videosTotal 135 minutes

Calculate Projections for Income Statement13 minutes
Calculating the Opening Debt9 minutes
Populate Net Assets in the Balance Sheet15 minutes
Calculate Deferred Tax Liability in Balance Sheet10 minutes
Management Discussion14 minutes
IBM Financial Modelling13 minutes
Operating Expenses15 minutes
Accounts Payable12 minutes
Calculating the Year13 minutes
Depreciation and Amortization6 minutes
populating Numbers in the Income Statement11 minutes

4 assignmentsTotal 60 minutes

IBM Financial Applications30 minutes
Projections and Net Assets10 minutes
IBM-Specific Modeling Insights10 minutes
Accounts and Income Statement10 minutes

This module advances into valuation methods, adjustments, and complex modeling elements. Learners explore depreciation, amortization of intangibles, discounted cash flow analysis, EBIT, and equity adjustments to conduct a robust valuation and decision-making framework.