4,000% Return on Investment (ROI)
Abdulkarim RustamovACCA and Finance go hand in hand together. However, you need some extra skills to get your desired job in Finance, namely, Advanced Excel, Financial Modelling, or a little experience with some financial accounting practice in real-life companies. In this post, I will provide links to these additional skills, that I believe are reliable enough.
Excel
Most people believe they know Excel)) In fact, most people`s Excel knowledge is at elementary level and they may not be aware of real Excel features...
You can learn excel through your work experience. You learn by trying and improving. In 3-4 months, you become a proficient excel user ( if you are on Excel every single day).
If you are not currently working, you can learn excel through many sources. However, this course by Career Principles is probably the best in the market ( according to the author of this post, namely, Abdulkarim aka). Watch the video in the link for better understanding. It is currently being sold at $143.
Financial Modelling:
Quantifying the strategic goals of the company is probably one of the most coveted and prestigious feats of any aspiring company. Do not confuse this modeling with fashion modeling in podiums😀😀😀
Financial modeling case samples
Just to feel the what is involved in Financial Modelling, you could try these case questions.
After exploring the above cases, you are most probably discouraged to know that you are not able to solve most of the questions with ACCA knowledge. Trust me, without ACCA concepts you already learned, you could not even understand the task))). All it takes to master these financial modelling skills is to practice more ( try yourself and compare with video walkthroughs of the solutions), being apprentice to a master who is currently involved in such modelling or taking a course ( online).
· Being apprentice of a financial modelling expert is the best option. However, you need to be working at some company for that and being a student, you might not be employed to any official work. Therefore, this option has time disadvantage for most students.
· Practising through walkthrough videos might be preferable too. For this, you need brilliant ACCA knowledge on top of your strong English, quantitative reasoning and sheer will to practice at least one case every week in full.
· If you want to take a course, there are two courses I can suggest ( not mine)). One is a Financial Modeling and Valuation Analyst (FMVA) course by CFI at a price of around $300 now. It has everything you need and you will get certified at the end of the course. You can even earn initials FMVA after your name once you finish this course.
In the links provided, you can get all the necessary information about the courses.
You are spending around $300 and 2-3 months, which will make you a person worth at least $1,000 monthly. That will translate into 4,000% return on Investment (ROI). You would not probably understand ROI if you had not studied this term in your ACCA papers)
If ACCA provides something about everything in Finance, pick your specialty and be the person who knows everything about that something you chose…