Advanced Excel · Intermediate level

Intermediate level · Module 3 of 6 · 15 guided hours

What-If Analysis and Financial Modelling

Explore decisions with Goal Seek, data tables, scenarios and Solver, and build clear, testable financial models.

Learning objectives

  • Use Goal Seek, data tables and scenarios
  • Optimise decisions with Solver
  • Build structured financial models with sensitivity analysis

Topics

  • Goal Seek
  • one- and two-variable data tables
  • Scenario Manager
  • Solver
  • model structure: inputs, calculations, outputs
  • sensitivity analysis

Lessons

  1. Lesson 1 Goal Seek, Data Tables and Scenarios

    Answer 'what if' questions by changing inputs and seeing results.

    Goal Seekone-variable data tabletwo-variable data tableScenario Manager

  2. Lesson 2 Optimisation with Solver

    Find the best decision under constraints with the Solver add-in.

    objective celldecision variablesconstraintsfeasibility

  3. Lesson 3 Building Financial Models

    Structure a cash-flow or budget model so it is clear, flexible and checkable, and test its sensitivity.

    assumptions sheetcalculation flowcheckssensitivity

Practical activity

Model a shop's pricing decision and a six-month cash flow, test scenarios and find the price that maximises profit within constraints.

Expected outcomes

  • Better-informed decisions
  • Clear, auditable models

Assessment

Model review against a structure checklist plus correct scenario results.

Taught live by an instructor — online or in person. Free course lessons are for self-study and do not lead to a certificate — see registration options.