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Advanced Financial Modeling for Oil & Gas

An Intensive 10-day Training Course

Advanced Financial Modeling for Oil & Gas

UPCOMING SESSIONS

Classroom sessions
DateVenueFee
15-26 Sep 2025Dubai - UAE$11,900RESERVE A SEAT
15-26 Dec 2025London - UK$11,900RESERVE A SEAT
06-17 Jul 2026Barcelona - Spain$11,900RESERVE A SEAT
14-25 Sep 2026London - UK$11,900RESERVE A SEAT
14-25 Dec 2026Dubai - UAE$11,900RESERVE A SEAT

Training Course Overview

The Advanced Financial Modeling for Oil & Gas training course is designed to build your financial modeling expertise from foundational to advanced levels, using in-depth case studies specific to the Oil & Gas sector. It also enhances your financial knowledge, equipping you to make strategic decisions that reduce costs, maximize profits, and minimize risk.

Participants will gain hands-on experience with the latest tools and techniques for estimating sales, costs, risk factors, and economic variables. The course culminates in the development of advanced financial optimization models in Excel, aligned with international best practices.

This training course will feature:

  • Practical application of advanced financial modelling skills to real life case studies in the Oil & Gas sector and your company
  • Development of advanced financial knowledge and its application to business problems and decision making
  • The development of Advanced Financial Models which will be of practical use to you and your organization
  • Training using Excel and the latest financial analysis tools and techniques
  • Supporting material in both hard and soft copy explaining key Excel

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.

Training Course Objectives

By the end of this training course, participants will be able to:

  • Make improved financial decisions using Advanced Financial Models
  • Develop a range of financial models using Excel to prepare financial statements, evaluate performance, evaluate capital investment decisions, manage projects and risk
  • Apply the latest tools and techniques to analyse financial data
  • Manage sales, costs and financial risk using financial models
  • Prepare, use and report on advanced financial models

Designed for

This course is suitable to a wide range of professionals but will greatly benefit:

  • Professionals who need to develop a greater understanding of finance
  • Professionals who need to develop their financial modelling skills to an advanced level
  • Those who make decisions using financial models or are impacted by those decisions
  • Those responsible for managing finance
  • Those responsible for managing or monitoring oil & gas projects

Learning Methods

Throughout the course they will work on case studies and real life examples to develop their Financial Modelling and Finance skills from Foundation to Advanced level. The course is taught by an experienced financial practitioner, who will guide you through finance and the latest tools and techniques, using a range of methods including discussions, case studies and exercises. Where appropriate, these will include real issues brought to the workshop by delegates. The course is highly participatory ensuring that delegates leave with new skills to benefit their personal and organizational development.

The Course Outline

Module 1: Foundations of Financial Modeling
Day One: Foundations of Finance
  • 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
Day Two: Foundation of Modelling
  • Basic Excel functions
  • Steps to develop a Financial Model
  • Flow charting Techniques to improve Modelling
  • Input Tables
  • Pivot Tables
  • Foundation Analysis Tools in Excel
Day Three: Financial Modelling
  • 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
Day Four: Modelling Risk Management Scenarios
  • 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
Day Five: Modelling the Financial Performance of Oil & Gas Projects
  • 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
Day Six: Advanced Modelling Skills 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
Day Seven: Estimation Models - Income, Costs, Risks & Economic Variables (Oil Prices, Exchange Rates & Interest Rates)
  • 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
Day Eight: Developing an Advanced Financial Optimisation Model
  • 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
Day Nine: Models to Assess Growth Strategies
  • 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
Day Ten: Modelling Best Practices
  • 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

The Certificate

  • AZTech Certificate of Completion for delegates who attend and complete the course

In Association With

Aztech
Copex
Coventry
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    There are several convenient ways to register for our training programs:

    • Online: Explore our training calendar, choose the course that suits your needs, and click the “Register Now” button on the course details page.
    • Email: Share your details, including your name, organization, email address, and selected course, by sending an email to  [email protected]
    • Phone: Reach out to us directly at +971 4 273 3503, and our team will guide you through the registration process.

    When will I receive confirmation of my registration?

    Once your registration is successfully completed, you will receive a confirmation email within 24 hours. This email will contain your registration details, invoice, and the necessary joining instructions for the course.

    What does the training fee cover?

    The training fees include full access to the training venue, along with comprehensive training materials to enhance your learning experience. Additionally, participants will be provided with writing supplies and stationery. To ensure comfort and convenience, the fee also covers lunch and refreshing coffee breaks throughout the duration of the course.

    Where are your training courses held?

    Our training programs are hosted at luxurious five-star hotels in prestigious destinations across the globe. Some of our popular locations include Dubai, London, Kuala Lumpur, Amsterdam, New York, Paris, Vienna, and many other iconic cities.

    Can I request customized corporate training?

    Yes, we offer tailored corporate training solutions to meet your organization’s specific needs. Please contact us at [email protected] or call +971 4 273 3503 for more information.

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