Financial Modelling with Dynamic Arrays
What to expect?
Best practice financial modelling in Excel has always encouraged the consistency of formulas with calculations performed in blocks. Excel’s dynamic array functions mean it’s impossible to have inconsistent formulas and are perfect for building financial models. They represent a significant departure from the conventional approach of building formulas with absolute and relative cell references and need a little more thought and planning when building a fully dynamic financial model.
What you'll learn?
- Dynamic Arrays as a Modelling Tool
- The most useful array functions for modelling
- Selecting the right function (arrays vs. traditional formulas)
- Nesting functions with arrays
- Financial Modelling Best Practice and Design
- Principles of financial modelling best practice with dynamic arrays
- Designing a layout to incorporate spill ranges
- Dangers of working with array functions
- Financial Statements Modelling
- Building a simple financial model with array functions
- Dynamic debt and depreciation schedules
- Dealing with inconsistent formulas with LAMBDAs
- Advanced Modelling Tools and Techniques
- Switching between dynamic scenarios
- Applying sensitivities with data tables
- Avoiding circularity in interest calculations
This Masterclass will take place on 5 & 6 May 2025 as an online-only course. This is available as a single course or as part of our Premium Online Global Excel Summit ticket.
Who is it for?
This Masterclass is designed for users who use Excel on a regular basis and are comfortable using its tools and functions. It is assumed that attendees will have some financial background. Typical job titles who could particularly benefit include:
- Financial modellers and analysts looking to eliminate the need for model maintenance and significantly reduce spreadsheet risk
- Business professionals who are eager to improve their Excel and financial modelling skills
- Finance & Accounting students
- Excel users interested in the future of spreadsheet modelling
Full Course Brochure
What's included?
✔︎ What is “extract, transform, load,”?
✔︎ We’ll look at how this process works in Power Query and why it matters
✔︎ First steps for profiling and cleaning the data.
✔︎ How do you avoid memory-draining “Frankentables” and build relational data models and reports right from Excel?
✔︎ We’ll look at Power Pivot and DAX for data analysis in Excel
✔︎ What are dynamic array functions?
✔︎ Learn how to build quick, responsive formulas for easy analysis.
✔︎ Where is data analytics headed, and can Excel keep up?
✔︎ Learn how to use predictive analytics and artificial intelligence inside and outside of Excel to make the most of your data
✔︎ What is Python and why has it become the glue that binds today’s data analytics stack.
✔︎ Learn how to automate boring processes with Python
✔︎ Learn how to build compelling analyses with this programming language
Exclusive Masterclass sessions from leading figures stretch beyond the regular ones and dive deeper into Excel’s advanced functionality, covering a range of industry-relevant topics.
Master Excel Power Query essentials
Create your first Power BI report the right way
Building a business case finance model
Transforming your boring Power BI reports to AWESOME
data stories
Data analytics in modern Excel
Impactful data visualisation in Excel for powerful\
communication
✔︎ What is Power Query?
✔︎ Basic data loading
✔︎ Power Query editor overview
✔︎ Type of values
✔︎ Exploring queries and steps
✔︎ Basic data cleaning and transformation (removing columns & rows, filtering data, sorting, etc.)
✔︎ Practical example
✔︎ Removing duplicates and handling nulls
✔︎ Text transformation
✔︎ Date and time values
✔︎ Query load
✔︎ Practical example
✔︎ Data aggregation
✔︎ Merging and appending queries basics
✔︎ Different options for adding columns
✔︎ Pivoting and unpivoting data
✔︎ Practical example
✔︎ Key takeaways
✔︎ Addressing frequently asked questions
✔︎ Interactive Q&A session
Exclusive Masterclass sessions from leading figures stretch beyond the regular ones and dive deeper into Excel’s advanced functionality, covering a range of industry-relevant topics.
Master Excel Power Query essentials
Create your first Power BI report the right way
Building a business case finance model
Transforming your boring Power BI reports to AWESOME
data stories
Data analytics in modern Excel
Impactful data visualisation in Excel for powerful\
communication
Training requirements
To make the most out of this Masterclass, attendees will need to have some familiarity with Excel formulas such SUMIFS, VLOOKUP etc.
Users will required a windows PC running Excel 2021, or Excel 365.
About the trainer
Danielle Stein Fairhurst
Danielle Stein Fairhurst is the Principal of Plum Solutions, a Sydney-based consultancy specialising in financial modelling and analysis. She is a Microsoft MVP, Master Financial Modeler (FMI), LinkedIn Learning instructor and the author of “Using Excel for Business and Financial Modelling”, Third Edition published by Wiley Finance 2019 and “Financial Modeling in Excel for Dummies” second edition published by Wiley in 2022. She founded the Financial Modellers’ Meetup groups, and in 2022 she was awarded the “Lifetime Achievement Award” at the Financial Modelling Summit.
What people think of
Danielle Stein Fairhurst
★★★★★
A great course that is highly recommended!
Danielle is a great instructor with many years of experience. My biggest takeaway from the course is her best practice approach. A great course that is highly recommended. Thank you.
★★★★★
I would like to have another course (with her) in the future!
Danielle was very friendly, helpful, patient, knowledgeable and liked to share knowledge & experience. Beside she was keen that everyone grasped the concepts that she explained. Surely, I would like to have another course (with her) in the future!
Exclusive Masterclass sessions from leading figures stretch beyond the regular ones and dive deeper into Excel’s advanced functionality, covering a range of industry-relevant data visualisation, analytics and Power Query topics.
✔︎ Masterclass with George Mount: Excel Analytics 2.0
✔︎ Masterclass with Ann K. Emery: Designing and Building Interactive Dashboards in Excel
✔︎ Masterclass with Chandeep Chhabra: Advanced Data Cleaning Using M in Power Query
Check out the introductory keynotes from Microsoft and world-renowned MVP Leila Gharani. Software developers showcase add-ins that transcend Excel's limitations, plus robust panel discussions and expert insights complete the Tech & Innovation Track!
✔︎ Keynote by Microsoft: Transforming Excel through research and AI
✔︎ Keynote by Leila Gharani
✔︎ Actionable Data Storytelling in Excel with Zebra AI
✔︎ AI: Sorting fact from fiction
✔︎ Python in Excel: First Steps
✔︎ Teaching Excel with AI
✔︎ Is AI taking over the role of the data analyst?
✔︎ How to build re-usable Excel automations with AI
✔︎ Empowering learners to Excel with digital skills certifications
✔︎ Kids meet spreadsheets
✔︎ Corporate charts inspired by social media
✔︎ ChatGPT: Match Made in Heaven or Hell..?
✔ Turn Excel models into Web apps: features, sharing, monetization
✔ Panel discussion: The future of Excel in an AI world
✔ Panel discussion: Does being Excel-certified matter?
Harness the power of Excel and Power BI for budgeting, forecasting, and modelling. You'll master dashboards, P&L statements, and learn to build bullet-proof models that won't disintegrate!
✔ Client's perspectives on quality — lessons from a career in financial modelling and what that means for the future
✔ Dynamic Arrays - A financial modelling game changer
✔Upgrading financial modelling — how, who, and why?
✔ Fivecasting: One Better than Forecasting
✔ A bank’s perspective on Excel and AI
Showcase your data with insightful visuals and learn the secrets of presenting it for effective communication. You'll also create custom charts, intuitive analytic experiences, and write DAX expressions for true flexibility!
✔ Is this an Excel chart?!? - 5 ways to take your boring charts to the NEXT Level
✔ Interactive Data Visualisation for decision support using Excel
✔ How to create an intuitive analytic experience in Excel using Script Labs
✔ Dynamic dashboard creation for KPI reporting using Power BI
Expand your understanding of Power Query, Power Pivot, Power BI, and Power Automate. You'll arm yourself with the latest time-saving functionalities, powerful visualisations & expert techniques.
✔ Why use Power Query to solve practical data cleaning problems?
✔ 5 Things every Excel user should know about Power BI
✔ Using Git in Power BI for effective teamwork and version control
✔ Overcoming real-world problems with Power BI
✔ Power Query on Excel for Mac
Discover the Excel hacks and best practices that empower you to do more with less. Whether it's formulas, keyboard shortcuts, or named ranges, you'll turbocharge your workflow!
✔ Optimising the Monetisation of Spreadsheets
✔ LAMBDA - There is no stopping you
✔The *NEVER SEEN* Tips & Tricks by Bob Umlas
✔ Converting spreadsheets into web apps; 3 apps in fifteen minutes
✔ 5 ways for analysts to leverage 'Analyze Data’ in Excel
✔Combine Data in Excel Like A Pro
✔ Why VLOOKUP when there is Power Query?
Discover the Excel hacks and best practices that empower you to do more with less. Whether it's formulas, keyboard shortcuts, or named ranges, you'll turbocharge your workflow!
✔ Excel Analytics 2.0 with George Mount
✔ Designing and Building Interactive Dashboards in Excel with Ann K. Emery
✔ Advanced Data Cleaning Using M in Power Query with Chandeep Chhabra
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