← Real-Estate Finance / REIT / PE Research
publishedfinance

Financial modelling in Excel

Building the spreadsheet that produces the numbers — the doing half of the finance cluster. Assumes the concepts are already understood (see valuation-project-economics) and that basic Excel mechanics are in place.

What you will be able to answer

You inherit a project model from an analyst who has left, and the returns look too good. How do you find out whether to trust it?

Trace the outputs back through the calculations to the assumption cells, which only works if inputs are separated from formulas — a number typed inside a formula is the usual place a model quietly breaks. The specific things worth checking are whether NPV was applied to a range that already includes the period-zero outlay, whether the dates are irregular enough to need XNPV or XIRR instead, and whether the debt schedule's interest actually feeds the cash flow it is supposed to. Rebuilding the check rows so a failed reconciliation is visible is more reliable than reading every formula in the file.

Concepts
10
Selected clips
39m 24s
Employers use it
17

One payment

₹99

The videos are free

This is what you pay for

Compared → kept
31 → 10
Full videos → selected
3h 27m → 39m 24s
Concepts
10

Course outline

Learn from selected clips, concept by concept

Concept 1

How a model is laid out

free

Concept 1 · How a model is laid out

0:00 / 0:28

Concept 2

Locking cells ($) so formulas copy correctly

locked

After: model-structure

F4 locking a reference before the formula is dragged down a column.

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Clip retained
2m 21s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 3

Building a period-by-period cash flow

locked

After: absolute-relative-references

Revenue, COGS and operating expense built line by line across timeline columns to a net figure.

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Clip retained
3m 46s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 4

NPV, IRR, XNPV and XIRR in Excel

locked

After: cash-flow-schedule

XIRR on dated cash flows, and the date-formatting caveat that breaks it.

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Clip retained
2m 35s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 5

Pulling values with lookups

locked

After: absolute-relative-references

XLOOKUP pulling a rate out of a separate table, including what it returns when there is no match.

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Clip retained
2m 54s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 6

Loan drawdown, interest and repayment

locked

After: cash-flow-schedule

Mandatory amortisation, revolver drawdowns in a shortfall and repayments in a surplus, all feeding one cash flow.

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Clip retained
2m 57s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 7

Scenarios and one/two-way data tables

locked

After: excel-finance-functions

A whole set of input assumptions switched at once rather than retyped.

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Clip retained
4m 05s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 8

Checks, balances and auditing

locked

After: cash-flow-schedule

Trace Precedents and Trace Dependents following a number back to where it came from.

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Clip retained
2m 02s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 9

Formatting conventions that make a model readable

locked

After: model-structure

The colour convention that separates a typed constant from a formula from an external link.

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Clip retained
1m 28s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 10

Building a complete project model end to end

locked

After: debt-schedule, scenarios-and-data-tables, error-checking

A real-estate model assembled from assumptions through operating income and expenses to NOI.

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Clip retained
12m 40s kept
Video review
3 compared

Video title and channel appear once unlocked.

Selection criteria

  • Teaches one concept end to end, without needing the rest of the video
  • Speaker does this work, or teaches it to people who will
  • Transfers to Indian practice, or is marked where it does not
  • Audio and screen legible on a phone, on mobile data

What was rejected

6 candidates did not meet the course criteria.

  • is corporate three-statement modelling rather than project modelling
  • is corporate three-statement modelling rather than project modelling
  • is corporate three-statement modelling rather than project modelling
  • is the accounting Cash Flow Statement (operating/investing/financing) rather than a project cash-flow projection
  • Shows a single-column summary with no time dimension
  • Is a paid-course advertisement or a template walkthrough with no build steps

Where this skill is used

Infrastructure & PPP Advisory (Big-4 / Advisory Firms)

Advisory on infrastructure projects, PPP structuring, urban finance, and government transaction advisory at Big-4 (Deloitte, KPMG, PwC, EY) and infra-advisory firms — often the highest-paying planning-adjacent private path. Campus-recruited at top schools. Specialisation tags: Infrastructure, Regional.

10 mapped employers

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Real-Estate Finance / REIT / PE Research

Real-estate-focused finance and investment research at REITs, PE/RE funds, and bank/NBFC real-estate desks — where a planner's land-use/feasibility lens is an asset alongside finance skills. Direct entry is realistic mainly with deliberate finance up-skilling, CFA/RICS/valuation exposure, or specialized real-estate education. Specialisation tags: Urban, Housing, Infrastructure.

8 mapped employers

Explore path →