Development Training Course on
Advanced Financial Modeling for Oil & Gas
Course Schedule
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Course Modules
This training course is split into the following modules:
This comprehensive training course consists of two modules which can be booked as a 10-Day Training event, or as individual, 5-Day training courses.
Why Choose Advanced Financial Modeling for Oil & Gas Training Course?
This Advanced Financial Modeling for Oil & Gas training course is designed to develop your financial modelling skills, taking you from Foundation level through to Advanced level, through the evaluation and analysis of case studies in the Oil & Gas sector. It will also develop your knowledge and understanding of finance enabling you to make financial decisions which will, reduce costs, increase profit and minimize risk.
The course will use the latest tools and techniques estimating sales, costs, risk and economic variables leading to advanced financial optimization models using Excel, best international practice, tools and techniques.
This 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
What are the Goals?
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
The Course Content
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
Day One: 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 Two: 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 Three: 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 Four: 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 Five: 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
Certificate
- AZTech Certificate of Completion for delegates who attend and complete the training course
How Saudi Aztech Can Enhance Your Professional Career
At Aztech Saudi, we believe that professional development is the foundation of long-term career success. This training course is expertly designed to equip individuals with practical skills, forward-thinking strategies, and the confidence to navigate today’s dynamic work environments. Each course is delivered by subject matter specialists with extensive industry experience, ensuring that every learning experience is relevant, impactful, and aligned with real-world challenges. Whether you're looking to strengthen your technical expertise, enhance leadership abilities, or stay ahead of industry trends, Aztech Saudi provides the tools you need to elevate your performance and deliver measurable value to your organization.
Our training is more than just knowledge transfer—it’s a catalyst for career transformation. By participating in our courses, professionals gain a competitive advantage in their fields, improve their decision-making capabilities, and position themselves for new opportunities and leadership roles. We take pride in supporting individuals across various sectors and career stages, helping them unlock their full potential through high-quality, globally benchmarked learning experiences. With Aztech Saudi as your development partner, you’re not only investing in education—you're investing in a stronger, more successful future.
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Frequently Asked Questions
Common questions about our training courses
Yes, Saudi AZTech collaborates with globally recognized professional bodies to offer accredited training courses. Participants receive certificates that reflect international standards and support their career growth and industry credibility.
You can easily register through our website (aztech.sa) by selecting your preferred course and completing the online registration form. Our support team is also available to assist you with registration, invoicing, and any additional information you may require.
Our training courses are conducted in major cities across the Kingdom, including Riyadh, Jeddah, Dammam, and Al Khobar. We partner with top-tier venues to provide an optimal learning environment that combines comfort, convenience, and professionalism.
Absolutely. We work closely with Saudi-based organizations to develop tailored in-house training solutions that address specific business needs, departmental goals, and workforce development strategies—delivered onsite or at a preferred location
Saudi AZTech offers a wide range of internationally benchmarked training courses across various disciplines including leadership, finance, engineering, project management, HR, and more. All courses are designed to meet the professional development needs of individuals and organizations in Saudi Arabia.
