Build a complete financial model and value a startup from scratch. 30 practitioner-led lessons. No templates. No shortcuts.
Limited Time Launch Pricing · Secure Paystack Payment · Instant Access
8,000+
Professionals trained by Michael Ayodele
30
Practitioner-led lessons across 2 parts
Zero
Templates. You build every formula yourself
Alumni currently at
The Problem
Not because they lack intelligence. But because every course hands them a template, skips the reasoning, and leaves them unable to defend a single number when an investor asks a question.
"The course is built on a real bakery business case, a relatable, grounded example that makes every concept clear and every formula logical." — Michael Ayodele, Instructor
This course fixes all of that. Every line is yours. Every formula is reasoned from first principles. By the end, you will have built something real, a model you can use, and a model you can defend.
What You Build
Part One builds your complete financial model. Part Two applies valuation methodology to the model you built the same methods used in investment banking and private equity.
Revenue model, Cost of Sales, Operating Expenses, Capex, Debt Schedule, Working Capital, Funding Requirement, Income Statement, Balance Sheet, and Cash Flow Statement. Built from a blank Excel sheet.
Ratio Analysis, FCFF, Cost of Equity, WACC, NPV, Terminal Value, and Enterprise Value, applied directly to your model. The same methodology used in professional investment banking.
Every lesson anchored to a real bakery business. Concepts become concrete, assumptions become defensible, and outputs become applicable to real businesses.
When an investor, lender, or employer challenges any line, you can walk them through every formula without hesitation because you built it yourself.
What You Will Learn
Build a complete startup financial model from a blank Excel sheet. No templates
Structure and justify revenue, cost, and growth assumptions that hold up under investor scrutiny
Model Cost of Sales, Operating Expenses, Capex, Debt Schedule, and Working Capital correctly
Calculate a startup's total Funding Requirement and present it to investors or lenders
Produce a fully linked three-statement model: Income Statement, Balance Sheet, and Cash Flow Statement
Apply FCFF, Cost of Equity, WACC, NPV, Terminal Value, and Enterprise Value to value a business
Perform ratio analysis to assess the financial health and performance of a business
Present and defend your model and valuation in front of investors, lenders, or employers
The Curriculum
All 30 lessons available from day one. No drip. No waiting. You set the pace.
Lessons 1 — 20
Background to the Training
Course structure, mindset, and what to expect.
The Importance of Financial Modeling
Why financial models exist and what makes them credible.
Template Walkthrough
Full orientation of the model structure before building.
Assumptions — Part 1
Core drivers of revenue, cost, and growth.
Assumptions — Part 2
Inflation adjustments, sensitivity, and benchmarking.
Due Diligence — Part 1
What information you need before entering a number.
Due Diligence — Part 2
Market sizing, competitor and supplier validation.
Revenue Calculation
Revenue model across multiple product lines.
Cost of Sales — Part 1
Direct materials and labour from first principles.
Cost of Sales — Part 2
Variable and fixed costs, gross margin, benchmarks.
Cost of Sales — Part 3
Dynamic linking to volume assumptions.
Operating Expenses
Staff, rent, utilities, marketing — categorized and forecast.
Capital Expenditure (Capex)
Capex schedule connected to Balance Sheet and Cash Flow.
Loan and Debt Schedule
Drawdown, repayment, interest through the statements.
Working Capital
Receivables, payables, inventory — and the cash impact.
Due Diligence — Part 3
Final validation pass before building output statements.
Funding Requirement
Total capital needed and how to present it to investors.
Income Statement
Assembling the complete Profit and Loss from model inputs.
Balance Sheet
Fully linked Balance Sheet — every line tied back correctly.
Cash Flow Statement
Completing the three-statement model with full reconciliation.
Lessons 21 — 30
Understanding Ratio Analysis
Ratios to assess health, efficiency, and profitability.
Linking the Line Items
How all three statements connect to the valuation model.
Current and Quick Ratio
Two critical liquidity ratios and what they reveal.
Return on Assets (ROA)
Efficiency of the asset base in generating profit.
Free Cash Flow to the Firm (FCFF)
The cash flow at the heart of professional valuation.
Cost of Equity
The return investors require — building block of WACC.
Weighted Average Cost of Capital (WACC)
WACC from first principles. Getting this wrong corrupts everything.
Net Present Value (NPV)
Discounting future cash flows back to today using WACC.
Terminal Value
Gordon Growth vs. Exit Multiple — value beyond the forecast.
Enterprise Value
Final Enterprise Value you can present professionally.
Investment Banker · DFI Professional · Corporate Traniner
Your Instructor
"Every course he builds reflects what he actually does in his transaction work, not what is written in a textbook."
Michael Ayodele is an investment banker, DFI professional, and corporate trainer who has trained over 8,000 professionals. He has spent his career structuring debt capital markets deals, advising on DFI transactions, and building practical finance skills across Nigeria.
His alumni hold roles at Deloitte, PwC, GTBank, Afrinvest, KPMG, Flutterwave, Coronation, Meristem, EY, and UBA. His teaching philosophy: practical knowledge beats theoretical knowledge every time.
Student Outcomes
Real posts from verified students who completed the training.
Everything is built from scratch. I am not filling in templates. I have to think through every input, every assumption, every calculation. That challenge has been the most rewarding part. I finally understand how financial models actually work, how each line item connects, and how small errors can have large implications. Grateful to Michael Ayodele for the structure, accountability, and clarity throughout.
Claude Egbuna
Financial Modeling Student · MA Talent Africa
I have loved accounting for years, but numbers always felt like numbers on paper. This course made everything come to life. When my balance sheet refused to balance, I did not panic I had confidence in my inputs. I slowed down, traced my steps, found the error, and corrected it. That moment drove home why Michael Ayodele consistently emphasises due diligence. It is the difference between confusion and clarity.
Oluwakemi Akinyemi
Financial Modeling Student · MA Talent Africa
My balance sheet almost took me out. I stayed up, fixed the error, and completed my full Financial Model and Business Plan. The moments of doubt were the moments that mattered most. What I walked away with is not just technical skills, it is a stronger mindset for problem-solving and financial analysis. Thank you MA Talent Africa and Michael Ayodele.
Amarachi Confidence Nwogu
Financial Modeling Student · MA Talent Africa
Enrollment
N100,000
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