Financial Modelling: Business Simulation
Updated for 2024. Did you know Excel can be used to model potential business situations? In this course, you can learn the basics of business simulation in Excel, along with how to create financial models to aid decision making.
Financial Modelling: Business Simulation
This course will enable you to
- Understand the basics of business simulation in Excel
- Use Excel to create cost-efficient, effective business simulations
- Understand what constitutes good data, and how to properly analyse it
- Learn how to set up queuing simulations, and their importance
- Gain an understanding of financial models and the value they provide
About the course
As accountants, we use Microsoft Excel all the time. But have you ever used Excel to simulate potential real-world business situations? Often, we assume more sophisticated and expensive software is required, but Excel can often be the more cost-effective and efficient choice.
This course takes you through the basics of modelling and business simulation in Excel, and guides you through building some of the illuminating options available to you. It also looks at the importance of collecting good data for analysis and explores how to set up queuing simulations and financial models to aid decision making.
Look inside
Contents
How it works
Author
Ross Maynard
Ross has worked as a consultant and trainer for over 20 years, specialising in finance processes, management information and performance measurement. He supports organisations to understand their processes; facilitates improvement teams; and supports staff to work together as a team to deliver tangible and sustainable improvements.
