Lovely Professional University, Punjab

Course Code FIN616 Course Category Course Title WORKSHOP ON FINANCIAL MODELING Courses with skill focus Course Planner 14853::Vikrant Vikram Singh Lectures 0.0 Tutorials Practicals Credits 0.0 4.0 2.0

TextBooks Sr No T-1 Title Data Analysis & Business Modeling Reference Books Sr No R-1 Title BUILDING FINANCIAL MODELS WITH MICROSOFT EXCEL: A GUIDE FOR BUSINESS PROFESSIONALS Author K. SCOTT PROCTOR Edition 2nd Year 2013 Publisher Name Wiley Author Wayne L. Winstone Edition 1st Year 2010 Publisher Name PHI Learning Pvt Ltd, New Delhi

Other Reading Sr No OR-1 Journals articles as Compulsary reading (specific articles, complete reference) http://excelexposure.com/workbook/ ,

Relevant Websites Sr No RW-1 RW-2 RW-3 RW-4 RW-5 RW-6 RW-7 RW-8 (Web address) (only if relevant to the course) http://spreadsheets.about.com/od/spreadsheetlessonplans/tp/2011-02-27-Free-OnlineExcel-Training-Courses.htm http://www.free-training-tutorial.com/ http://www.gcflearnfree.org/excel http://excelexposure.com/ http://people.usd.edu/~bwjames/tut/excel/ http://homepage.cs.uri.edu/tutorials/csc101/pc/excel97/excel.html http://faculty.fuqua.duke.edu/~pecklund/ExcelReview/ExcelReview.htm http://office.microsoft.com/en-us/excel-help/basic-tasks-in-excel-2010HA101829993.aspx (AV aids) (only if relevant to the course) http://www.gcflearnfree.org/excel2010 Salient Features Free Online Excel Training Portal Free Online Excel Tutorial Online Video Lectures and Data Files for Learning Various Packages of Microsoft Excel. Advance Excel Tools Learning Video Tutorial Online tutorial and notes from University of South Dakota, USA Excel Tutorial from University of Rhode Island, USA Resources from MIT open courseware on Excel Modeling Excel Help Resources from Microsoft Website

Audio Visual Aids Sr No AV-1 Salient Features Interactive Animations and Videos on Excel

AV-2

http://office.microsoft.com/en-us/excel-help/CL100315182.aspx? page=1help/CL100315182.aspx

Videos on Advanced Features in Excel from Microsoft Website

Software/Equipments/Databases Sr No SW-1 SW-2 (S/E/D) (only if relevant to the course) Solver Add-in Analysis Tool Pack Add-in Salient Features Extra feature in Excel for solving optimization problem Added feature in Excel for complex analysis

Scheme for CA:

Component Test,Presentation and Write Up Frequency 4 Total :Out Of 5 Each Marks Total Marks 10 10 40 40

Details of Academic Task(s)

AT No. Objective Topic of the Academic Task Nature of Academic Task (group/individuals/field work Individual Evaluation Mode Allottment / submission Week 1/2

Test 1

Testing understanding of Students Testing understanding of Students Testing understanding of Students Testing the Practical Knowledge and Presentation Skills of Students

Student will be required to apply the functions learnt in first unit and submit the allotted data after applying the functions Student will be required to apply the functions learnt in second unit and submit the allotted data after applying the functions

On the Basis of Performance in Experiment On the basis of performance in the experiment On the Basis of Performance in the Experiment On the basis presentation and report submitted by the student. 15 marks for the presentation and 15 marks for the report/ writeup. On the basis of performance in the experiment

Test 2

Individual

3/4

Test 3

Student will be required to apply the functions learnt in third unit Individual and submit the allotted data after applying the functions Student will be alloted some practical problems/ case studies from Group the topics coverred till 8th week. They have to solve the problems, submit the write up and give the presentation for the same.

5/6

Presentation and Write Up 1

8/9

Test 4

Testing understanding of Students

Student will be required to apply the functions learnt in 4th and Individual 5th units and submit the allotted data after applying the functions

11 / 12

*Each experiment of the lab will be evaluated using following relative scheme:

Component J/E WR VIVA

% of Marks 50 20 30

Detailed Plan For Practicals

Practical No Practical 1 Broad topic (Subtopic) Introduction to MS Excel and Basic Functions of Excel(Introduction to MS Excel) Introduction to MS Excel and Basic Functions of Excel(Cell Linking) Introduction to MS Excel and Basic Functions of Excel(Cell Freezing) Practical 3 Introduction to MS Excel and Basic Functions of Excel(Filter) Introduction to MS Excel and Basic Functions of Excel(Sorting) Practical 4 Practical 5 Introduction to MS Excel and Basic Functions of Excel(If condition) Introduction to MS Excel and Basic Functions of Excel(Sum) Introduction to MS Excel and Basic Functions of Excel(Sumif) Practical 6 Practical 7 Introduction to MS Excel and Basic Functions of Excel(Paste Special) Introduction to MS Excel and Basic Functions of Excel(Conditional Formatting) Introduction to MS Excel and Basic Functions of Excel(Date Function) Practical 8 Business Decision Making(Goal Seek) Practical Description Introduction to MS Excel Learning Outcomes Student will get to know about excel utilities and functions of daily usage Student will get to know about excel utilities and functions of daily usage Student will get to know about excel utilities and functions of daily usage Student will get to know about excel utilities and functions of daily usage Student will learn about basics of data formating and visualization Student will learn about basics of data formating and visualization Student will learn about basics of data formating and visualization Student will learn about basics of data formating and visualization Student will learn about basics of data formating and visualization Equipment Used PC, MS-Excel

Practical 2

Work Book Manipulation and Processes Work Book Manipulation and Processes Work Book Manipulation and Processes Data Entry and Manipulation Data Entry and Manipulation Data Entry and Manipulation Data Entry and Manipulation Data Entry and Manipulation Work Book Manipulation and Processes

PC, MS-Excel PC, MS-Excel PC, MS-Excel PC, MS-Excel PC, MS-Excel PC, MS-Excel PC, MS-Excel PC, MS-Excel

Student will learn about formatting PC, MS-Excel cells with specific colors based on some criteria Student will learn about Date function of Excel and its usability PC, MS-Excel PC, MS-Excel

Work Book Manipulation and Processes

P-8 Test Student will learn to use Goal seek P-9 Using Goal seek function for solving function to solve complex LPP simplex problem problems P-8 Test Student will learn to use Goal seek P-9 Using Goal seek function for solving function to solve complex LPP simplex problem problems Risk Analysis

Practical 9

Business Decision Making(Goal Seek)

PC, MS-Excel

Practical 10

Business Decision Making(Scenario analysis: What if analysis)

It will enable students to analyze a PC, MS-Excel situation considering its worst case and best case situations

Practical 11

Business Decision Making(Scenario analysis: What if analysis)

Risk Analysis

It will enable students to analyze a PC, MS-Excel situation considering its worst case and best case situations Student will get to know about Vlookup PC, MS-Excel function of Excel Student will get to know about Vlookup PC, MS-Excel function of Excel Student will get to know about how to PC, MS-Excel build Pivot Table and how to use it Student will get to know about how to PC, MS-Excel build Pivot Table and how to use it Student will get to know about how to PC, MS-Excel build Pivot Table and how to use it PC, MS-Excel PC, MS-Excel

Practical 12 Practical 13 Practical 14 Practical 15 Practical 16 Practical 17 Practical 18 Practical 19 Practical 20

Business Decision Making(Vlookup) Business Decision Making(Vlookup) Business Decision Making(Pivot Table) Business Decision Making(Pivot Table) Business Decision Making(Pivot Table) Business Decision Modelling(Building basic Business Valuation model) Business Decision Modelling(Building basic Business Valuation model) Business Decision Modelling(Cell Freezing & Linking) Business Decision Modelling (Applications of Excel functions in Financial Model of a company) Excel Applications of Basic Finance Functions(NPV)

Summarizing Data Summarizing Data P14,P15-Summarizing Data P16- Test P14,P15-Summarizing Data P16- Test P14,P15-Summarizing Data P16- Test

Building basic Business Valuation model Student will learn how to build basic business models with the help of excel Building basic Business Valuation model Student will learn how to build basic business models with the help of excel Summarizing Data Using Excel functions for analyzing Financial Model of a company Financial Functions

Student will learn about cell properties PC, MS-Excel and cell adjustment Student will learn how to analyze and develop financial model of a company with the help of Excel Student will get to know about implementation of functions for calculating Net Present Value Estimation and IRR Student will get to know about implementation of functions for calculating Net Present Value Estimation and IRR PC, MS-Excel

Practical 21

PC, MS-Excel

Practical 22

Excel Applications of Basic Finance Functions(IRR)

Financial Functions

PC, MS-Excel

Practical 23

Excel Applications of Basic Finance Functions(Cost of Capital) Excel Applications of Basic Finance Functions(EPS)

Project Analysis P23- Equity Analysis P24- Test P23- Equity Analysis P24- Test Time Values of Investment Time Values of Investment Time Values of Investment Time Values of Investment

Student will learn how to calculate Cost PC, MS-Excel of Capital of a project using excel Student will learn EPS calculation with PC, MS-Excel the help of excel Student will learn EPS calculation with PC, MS-Excel the help of excel Lecture will enable student to evaluate time value of a cash flow Lecture will enable student to evaluate time value of a cash flow Lecture will enable student to evaluate time value of a cash flow Lecture will enable student to evaluate time value of a cash flow PC, MS-Excel PC, MS-Excel PC, MS-Excel PC, MS-Excel

Practical 24 Practical 25 Practical 26 Practical 27 Practical 28

Excel Applications of Basic Finance Functions(EPS) Excel Applications of Time Value of Money(Present value of single sum) Excel Applications of Time Value of Money(Future value of single sum) Excel Applications of Time Value of Money(Future value of annuity) Excel Applications of Time Value of Money(Present value of annuity)

Practical 28

Excel Applications of Time Value of Money(PMT Function) Excel Applications of Time Value of Money(Rate Function) Excel Applications of Time Value of Money(NPER Function)

Financial Decision Making Using Excel

Student will learn use of excel in cash PC, MS-Excel flow analysis and financial analysis of a project Student will learn use of excel in cash PC, MS-Excel flow analysis and financial analysis of a project Student will learn use of excel in cash PC, MS-Excel flow analysis and financial analysis of a project Student will learn how to develop various Financial Statements in Excel. Student will learn how to develop various Financial Statements in Excel. Student will learn how to develop various Financial Statements in Excel. Student will learn how to develop various Financial Statements in Excel. Student will learn how to prepare projected financial statements for upcoming years with the help of Excel Student will learn how to prepare projected financial statements for upcoming years with the help of Excel Student will learn how to prepare projected financial statements for upcoming years with the help of Excel PC, MS-Excel PC, MS-Excel PC, MS-Excel PC, MS-Excel PC, MS-Excel

Practical 29

Financial Decision Making Using Excel

Financial Decision Making Using Excel

Practical 30 Practical 31 Practical 32 Practical 33 Practical 34

Template building(Profit and Loss Account) Template building(Cash flow Satement) Template building(Revenue Statement) Template building(Balance Sheet) Projected Financial Statement Analysis (Preparation of projected profit and loss account for next 5 years) Projected Financial Statement Analysis (Preparation of projected cash flow statement for next 5 years) Projected Financial Statement Analysis (Preparation of projected balance sheet for next 5 years) Financial Statement Analysis through Excel(Analysis of Profit and Loss account) Financial Statement Analysis through Excel(Analysis of Profit and Loss account) Financial Statement Analysis through Excel(Analysis of cash flow statement)

Developing Profit and Loss account of a company Developing Cash Flow Statements of a company Developing Revenue Statements of a company Developing Balance Sheet of a company Preparation of projected Financial Statements for next 5 years Preparation of projected Financial Statements for next 5 years Preparation of projected Financial Statements for next 5 years

Practical 35

PC, MS-Excel

Practical 36

PC, MS-Excel

Practical 37

P37- Analysis of Financial Statements of Student will learn applications of Excel PC, MS-Excel a Company in Analyzing various Financial P38- Presentations by the students for Statements of a Company assignment 4 P37- Analysis of Financial Statements of Student will learn applications of Excel PC, MS-Excel a Company in Analyzing various Financial P38- Presentations by the students for Statements of a Company assignment 4 P39- Presentations by the students for Student will learn applications of Excel PC, MS-Excel assignment 4 in Analyzing various Financial P40- Analysis of Financial Statements of Statements of a Company a Company P39- Presentations by the students for Student will learn applications of Excel PC, MS-Excel assignment 4 in Analyzing various Financial P40- Analysis of Financial Statements of Statements of a Company a Company Analysis of Financial Statements of a Company Analysis of Financial Statements of a Company Student will learn applications of Excel PC, MS-Excel in Analyzing various Financial Statements of a Company Student will learn applications of Excel PC, MS-Excel in Analyzing various Financial Statements of a Company

Practical 38

Practical 39

Practical 40

Financial Statement Analysis through Excel(Analysis of cash flow statement)

Practical 41

Financial Statement Analysis through Excel(Analysis of Balance Sheet) Financial Statement Analysis through Excel(Analysis of Balance Sheet)

Practical 42

Practical 43

Financial Statement Analysis through Excel(Developing assumptions for forecasting items of Income statement) Financial Statement Analysis through Excel(Developing assumptions for forecasting items of Income statement)

Developing Assumptions for Forecasting Student will learn use of Excel in PC, MS-Excel various components of a Financial developing assumptions for forecasting Statement various items of Financial Statements of a Company Developing Assumptions for Forecasting Student will learn use of Excel in PC, MS-Excel various components of a Financial developing assumptions for forecasting Statement various items of Financial Statements of a Company

Practical 44

Practical 45

Financial Statement Analysis through Developing Assumptions for Forecasting Student will learn use of Excel in PC, MS-Excel Excel(Developing assumptions for various components of a Financial developing assumptions for forecasting forecasting items of Cash flow statement) Statement various items of Financial Statements of a Company Financial Statement Analysis through Developing Assumptions for Forecasting Student will learn use of Excel in PC, MS-Excel Excel(Developing assumptions for various components of a Financial developing assumptions for forecasting forecasting items of Cash flow statement) Statement various items of Financial Statements of a Company Financial Statement Analysis through Excel(Developing assumptions for forecasting items of Balance Sheet) Financial Statement Analysis through Excel(Developing assumptions for forecasting items of Balance Sheet) Financial Modeling(Introduction to Financial Modeling) Financial Modeling(Need for Financial Modeling) Financial Modeling(Understanding of Financial statement analysis) P47- Developing Assumptions for Forecasting various components of a Financial Statement P48- Test P47- Developing Assumptions for Forecasting various components of a Financial Statement P48- Test Introduction to Financial Modeling Need for Financial Modeling Understanding of Financial statement analysis Student will learn use of Excel in PC, MS-Excel developing assumptions for forecasting various items of Financial Statements of a Company Student will learn use of Excel in PC, MS-Excel developing assumptions for forecasting various items of Financial Statements of a Company Student will learn about Financial Modeling, Its need and Applications Student will learn about Financial Modeling, Its need and Applications Student will learn about Financial Modeling, Its need and Applications PC, MS-Excel PC, MS-Excel PC, MS-Excel

Practical 46

Practical 47

Practical 48

Practical 49 Practical 50 Practical 51 Practical 52

Financial Modeling(Financial and Logical Financial and Logical functions of Ms functions of Ms Excel) Excel

Student will come to know about PC, MS-Excel various Financial and Logical functions of MS Excel

Practical 53

Template building in Business Valuation Calculation of intrinsic value of firm and Student will learn to calculate Intrinsic PC, MS-Excel Process(Calculation of intrinsic value of EPS value of firm and EPS firm and EPS) Template building in Business Valuation Model building for valuation Process(Model building for valuation) Student will learn application of Excel in Model building for valuation PC, MS-Excel PC, MS-Excel

Practical 54 Practical 55

Applications of Business Valuation Calculation of intrinsic value of firm and Student will learn how to calculate (Calculation of intrinsic value of firm and EPS for projected financial statement intrinsic value of firm and EPS for EPS for projected financial statement) projected financial statement Applications of Business Valuation (Recommendation on the basis of valuation of final model) Valuation of final model

Practical 56

Student will learn Valuation of PC, MS-Excel Financial Models using Excel and how to generate recommendation for the same

SPILL OVER
Practical 57 Spill Over