Financial Modelling Foundations Beta Course Review
Financial Modelling Foundations Beta Course Review
When I decided to run a beta version of my financial modelling foundations training, my goal was clear: to test the content, engage with participants, and ensure the course truly delivered value. What I didn’t expect was just how informative the experience would be for me.
Here’s an inside look at the day, the valuable feedback we received, and how it’s shaping the course for future attendees.
The Attendees: a diverse group
We welcomed nine participants to the beta course, representing a fascinating cross-section of the real estate industry. Among them were a recent graduate, experienced professionals with 8-12 years in the field, and a mix of investors, agents, and asset managers. Their expertise spanned sectors like industrial, residential, development, and family estates. This diversity brought incredible perspectives to the session, as each participant had unique experiences and challenges to share.
It was clear from the outset that this group’s combined knowledge would enrich the course. However, it also underscored the importance of tailoring the content to suit varied experience levels and learning styles.
The Day: what worked and what didn’t
1. The "What" and "Why" sections
The day began with a deep dive into the "what" and "why" of financial models. We explored their purpose, how discounted cash flows (DCF) relate to valuations, and the latest RICS red book updates. While the content was foundational, participants felt this section could have been delivered more efficiently.
Many suggested moving this part online or as a pre-course requisite. This feedback was invaluable: participants value time spent on practical, interactive elements during live sessions.
2. The "How" section: hands-on modelling challenges
As we transitioned into the "how" of financial modelling, I introduced best practices, Excel formulas, and shortcuts before walking through a model they would build for their homework. While I had anticipated differences in pacing, it became clear that trying to work through formulas in a live group setting was even more challenging than expected. Participants were eager to engage but worked at varying speeds, making it difficult to progress cohesively.
This confirmed what I’d suspected: practical exercises like formula-building are better suited to self-study, where attendees can work at their own pace with the support of online resources.
3. The missed case study: a key learning moment
The case study—designed to integrate real-world scenarios into the model—was intended to be a highlight of the day. Unfortunately, we ran out of time, leaving participants disappointed. They shared that this hands-on element would have been one of the most valuable parts of the course, reinforcing the practical application of their learning.
This was a pivotal moment for me. By trying to overdeliver on content, I’d inadvertently overshadowed the elements that mattered most.
Reflecting on my approach
As the facilitator, I went into the session feeling well-prepared. Yet, as the day unfolded, I realised there were areas where I’d tried to do too much. My desire to overdeliver meant we spent too long on foundational concepts, leaving less time for the practical, interactive components participants craved.
Their feedback on the workbook was also enlightening. While comprehensive, it didn’t align seamlessly with the course flow, making it harder for participants to follow along during the session. This is something I’ll refine for future iterations.
The plan moving forward: two half-days with homework
The feedback from the beta course was a gift. It gave me the clarity to reshape the course into something even more impactful:
Two half-days: Instead of a full day, the course will now be delivered over two half-days. This format provides more flexibility for attendees and allows us to split theoretical learning and practical application into manageable chunks.
Pre-course workshop: The "what" and "why" sections will be offered as a free online workshop, ensuring live sessions focus on higher-value content.
Homework between sessions: Participants will complete practical exercises as homework using the online portal. This allows them to work at their own pace and come prepared for deeper discussions and case studies in the second session.
Access to support: Attendees will receive three months of access to additional online resources and support, ensuring they can continue building their skills beyond the course.
What participants thought: feedback highlights
Despite the challenges, participants were incredibly engaged and supportive. They appreciated the clarity of the explanations and the effort to create a comprehensive learning experience. Their constructive feedback was instrumental in identifying areas for improvement and validating the value of certain elements, like the case study and practical modelling.
Key comments included:
Your “real life” approach to the way you have set up your course is going to give you an edge.
As ever, some great nuggets to take away!
My key takeaways
Less is more: Overloading content doesn’t necessarily add value. Prioritising the most impactful elements ensures a better learning experience.
Interactive learning is key: Participants value time spent applying concepts and working through real-world scenarios.
Flexibility matters: Tailoring the course structure to accommodate different learning paces and styles enhances engagement and outcomes.
Next Steps: the full course launch
With the beta course complete, I’m thrilled to announce the launch of the full Financial Modelling Foundations training in its new format. The first sessions are already scheduled, and I’m excited to see how the revised structure will elevate the experience for future participants.
If you’re looking to build your financial modelling skills, gain confidence in real-world applications, and receive ongoing support, this course is for you.
👉 Sign up today: https://academy.excelinproperty.com/financial-modelling-foundations
Final thoughts
Running a beta course was one of the most valuable steps I’ve taken in developing this programme. It allowed me to connect with participants, learn from their experiences, and refine the course to better serve their needs. I’m incredibly grateful for their feedback and excited to deliver an even stronger training experience moving forward. Given the learnings from this experience, I’m also excited to announce that I’m going to be launching a beta offering of the Advanced Financial Modelling course – make sure you are on the mailing list to get the details.
Here’s to building the best training offering out there, one course at a time!
