An intensive professional development training course on
Advanced Financial Modeling for Oil & Gas
Master Advanced Excel Modelling Techniques for High-Value Oil & Gas Decisions
Modules
This training course is split into two modules:
Module I - Foundations of Financial Modeling
Module II - Advanced Financial Modelling with Excel
Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.
Why Choose Advanced Financial Modeling for Oil & Gas Training Course?
The Financial Modeling for Oil & Gas Course is designed to strengthen the advanced modelling capabilities required to support financial decisions across exploration, production, and large-scale energy projects. As the Oil & Gas sector faces volatile prices, complex investments, and continual market pressures, the ability to build accurate financial models is essential for reliable planning, forecasting, and risk evaluation. This Financial Modeling for Oil & Gas Training provides a structured, hands-on approach that moves participants from foundational concepts to advanced modelling applications tailored specifically to the energy industry.
Through detailed case studies and real-world exercises, participants gain practical experience developing models that evaluate sales, costs, economic variables, risk, and long-term project value. The course demonstrates how to apply best-practice modelling techniques to construct robust Excel-based tools that support project evaluation, investment decisions, and financial optimisation. Each session builds confidence in applying modern modelling methods to real operational challenges.
This Financial Modeling for Oil & Gas Training Course also focuses on enhancing financial understanding, enabling participants to make informed decisions that reduce cost, improve profitability, and mitigate risk. By integrating industry-specific examples and proven methodologies, the course ensures that delegates leave with advanced modelling tools that can be immediately applied to their organisation’s Oil & Gas operations.
What are the Goals?
This Financial Modeling for Oil & Gas Training Course equips participants with the modelling skills and financial techniques required to support complex energy-sector decisions.
By the end of this training course, participants will be able to:
- Make informed financial decisions using advanced financial models
- Build a range of Excel-based models for financial statements, performance evaluation, capital investment, and project analysis
- Apply modern tools and techniques to analyse financial data accurately
- Manage sales, costs, pricing variables, and financial risks through modelling
- Prepare, use, interpret, and report advanced financial models effectively
Who is this Training Course for?
This Financial Modeling for Oil & Gas Course is designed for professionals involved in decision-making, project evaluation, or financial analysis within the energy sector. It is particularly valuable for those seeking to sharpen their modelling abilities and apply best practices in financial evaluation.
It will greatly benefit:
- Professionals seeking to strengthen their finance knowledge
- Individuals needing advanced financial modelling skills
- Decision makers who rely on financial models for project evaluation
- Managers responsible for financial oversight
- Professionals involved in managing or monitoring Oil & Gas projects
How will this Training Course be Presented?
The Financial Modeling for Oil & Gas Training uses practical, results-oriented learning to ensure strong comprehension and skill development. The instructor integrates Excel modelling demonstrations, case studies, discussions, and hands-on exercises to guide participants from foundational concepts to advanced techniques.
Participants will work with real-life examples and industry scenarios to build models step-by-step, ensuring relevance to their own organisational challenges. Each activity reinforces the tools, formulas, and modelling structures required to analyse Oil & Gas projects effectively. Delegates leave with practical templates, enhanced modelling confidence, and the ability to apply advanced methods in their day-to-day financial responsibilities.
The Course Content
Module 1: Foundations of Financial Modeling
- Financial & Management Accounting
- Developing Financial Statements – Income Statement, Balance Sheet (Statement of Financial Position) & Cashflow Statements
- Financial Performance using Ratio Analysis
- Management Accounting – developing budgets
- OPEX & CAPEX
- Financial Terminology Explained
- Basic Excel functions
- Steps to develop a Financial Model
- Flow charting Techniques to improve Modelling
- Input Tables
- Pivot Tables
- Foundation Analysis Tools in Excel
- Forecasting the Income Statement, Balance Sheet (Statement of Financial Position) & Cashflow Statements
- Budgeting Models
- Purchase Decisions
- Modelling Finance Decisions – Equity or Debt and the Cost of Capital
- Capital Investment Decisions – Payback, ARR, NPV & IRR using Excel
- Graphs & Charts to support financial models
- Identifying the major Risks in the Oil & Gas sector
- Modelling Risk & Uncertainty
- Sensitivity Analysis
- Scenario Analysis
- Break Even Analysis
- Modelling & Managing changes in Interest Rates & Exchange Rates
- Variance Analysis
- Critical Path Analysis – Financial & Manpower implications
- GANTT Charts
- Earned Value Analysis
- Managing Variances
- Simulating changes in the project
Module 2: Advanced Financial Modelling with Excel
- From Basic Modelling to Advanced Modelling
- Identifying Financial Applications for Modelling in the Oil & Gas sector
- Advanced Financial Applications of Excel
- Advanced Financial Analysis Tools in Excel
- Graphs & Charts to aid Financial Analysis
- Best Practice in Modelling with Excel
- Cost Estimation – Incremental; Inflation, PERT, Supply & Demand factors
- Forecasting using Statistical Methods in Excel – Time Series Analysis, Exponential Smoothing, Correlation & Regression Analysis
- Risk Measurement using – Probability Analysis, Correlation & Beta
- Forecasting Oil Prices using statistical models
- Measuring & Managing Investment Risk
- Forecasting Interest Rates & Exchange Rates using historical data, Interest Rate Parity Theory and Purchasing Power Parity Theory
- Developing the Financial Model using Costs and Economic Variables estimated on Day 2
- Simulating changes to Costs & Accounts Payable
- Simulating changes to Sales Volume, Oil Price & Accounts Receivables
- Financial Derivatives – Forwards, Options Futures & Swaps
- Using Derivatives to Managing Oil Price Volatility, Interest Rates & Exchange Rates
- Implementing Policies to manage change
- Evaluating growth strategies
- Models to simulate growth strategies
- The dangers of Overtrading
- Examining the impact on Working Capital
- Examining the impact on Leverage
- Mergers & Acquisitions – Modelling the impact on Share Price, Market Value, Earnings & EPS
- Case Study incorporating the skills from Day 1 – 4
- Developing an Advanced Financial Optimisation Model to meet the needs of the delegates and their organisation
- Presentation of the Model
- Testing the Model
- Improving the Model
- Decision Making & Reporting
Certificate and Accreditation
- AZTech Certificate of Completion for delegates who attend and complete the course
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