Online Vs Classroom Training For Financial Modelling

Introduction

The study of financial modelling can be regarded as one of the most esteemed skills one can learn in financial analysis. It mainly focuses on a combination of accounting, business and finance to forecast a company/institution’s future prospects. With new skills being added to this scope of the study, financial modeling training is the best option to flourish in this field.

What is the Best Way to Learn Financial Modelling?

Practice is the best answer to learning financial modelling. In order to become a financial modeling expert, one has to go through years of experience to build such models. Reading pre-existing equity research reports can be considered a helpful option as it can be used to compare your own procedural efforts. Following that, the historical records can help to build a new model, allowing you to calculate a net present share of values plus create a comparison to reach your targets in better ways.

A financial analyst course such as the Financial Analysis and Planning Program by Imarticus can enhance your existing skillsets and develop new potential for understanding. With the help of the KPMG expertise, one will receive the best financial modeling training.

Which is the Better Option to Learn Financial Modelling - Online or Classroom Training?

After the COVID-19 pandemic, the education community has experienced the online mode, classroom mode as well as hybrid mode. Here is a comparison as to which is better for financial modeling training - classroom training or online training.

Level of Convenience

The convenience factor in the online mode can be regarded as way more if compared to the offline method of teaching. Students do not have to go through external factors such as facing roadblocks while reaching school, going through compulsory lectures when other commitments are present and many more. Also, working professionals find the online version better as it is way more hassle-free than attending classes while leaving their workspaces before the allotted time. Virtual classrooms have allowed a level of flexibility, giving students a high chance to raise their potential. Hence, in this comparison, the online mode has been highly convenient compared to offline teaching if thought in terms of the students.

Teaching Mode

In this case, classroom teaching has been more successful in providing knowledge if compared to the online mode. This is because regular face-to-face interaction leads to a better understanding of the modules, which was not possible in the online mode of education. Also, subjects such as financial modelling require teamwork to reach better solutions. In the online version, however, doubt-solving seems to be easier compared to the offline mode. However, with the lack of physical presence, teachers also have a problem understanding whether the students have grasped the concepts altogether.

Network Connections

Physical networks are way more important than remaining globally connected when it comes to financial modeling training. It is more likely to learn about others’ experiences with a face-to-face interaction, leading to a better exchange of notions. This can activate your thought processes as to where you are standing in your career path, which is better in the offline mode.

Expenses

Online teaching is pocket-friendlier than offline teaching as it cuts out travel expenses and has a lesser tuition fee. The cost differences according to research sum up to over Rs. 8000-Rs. 10000 approximately. From this perspective, online training can be regarded as more suitable.

Self-discipline

This is one factor that depends more on a personal basis but is usually affected by the mode of teaching. Factors such as dedication and diligence can be upgraded once there is a proper schedule that must be compulsory to follow. Such stability is present in offline mode of learning rather than online modes as free will is more present in the latter.

Learning Stages

With the entry of COVID-19, the learning stages of the student community have been affected at a massive level. If one is well-versed in the basic knowledge of financial modelling, then an online course can be considered a viable option. But for in-depth learning, offline classes play a more efficient role compared to online modes of education.

Hence, it can be understood as a never-ending debate as to which one is better for financial modeling training - online or offline mode of education.

Conclusion

If you are more comfortable with the online version of education or want to explore beyond the teachings of a physical classroom, then Imarticus introduces the Financial Analysis and Planning Program to you all. This financial analyst course will provide you with the best of learning and help you to become a financial modeling expert once you have complete your graduation.