
We are opening Financial Modeling School for 2nd batch of classes on 23rd February. It feels very exciting to re-run this successful program. I want to share a few details about the program so that those of you interested to join can know more about it.
1. What is Financial Modeling School?
FMS is an online training program to teach you how to create financial models & project finance models using MS Excel. The program starts with fundamentals of finance (like what is P&L, Cash flow etc.) and takes you all the way to creating an integrated valuation model along with monte-carlo simulations. It is all there.
Starting this batch, we are adding an excel class on Project Finance Modeling using Excel
2. Who should join this program?
This is a very good program for those of you in investment banking, large project management, construction, manufacturing, equity research, financial planning, strategy or commercial banks etc. The program is also ideal for any one aiming for a similar career.
The program assumes you have basic knowledge of MS Excel. We will teach you various features Excel as part of the course, it is advisable that you know how to use Excel.
3. What topics are covered?
Oh, the course is so in-depth and so rich in content that I sometimes wonder, how Paramdeep (our instructor for this program) can actually give all this away for the price we charge. Here is a brief contents of the course. For more details (along with module-wise breakup) please download Financial Modeling School brochure.

Starting this batch, we have added a new track on Project Finance using Excel. This has the following contents:

4. Who is going to teach?
Paramdeep Singh. Since I know as much about financial modeling as my daughter knows about eating without throwing food away, I have partnered with Pristine Education. They are experts in financial modeling & analysis.
5. How does the program work?
I am glad you are asked. If you have attended Excel School (or seen any promotional videos of it), then you already know it. Financial Modeling School runs just like Excel School.
We made a brief how-to video explaining how the financial modeling school works. Just watch it below:
6. I want more details about the program …,
Sure. Please go ahead and download the course brochure. You can also use it to get your boss to sponsor the program for you.
7. How much is the program?
The course fees are,
- for Financial Modeling using Excel – $247
- for Project Finance using Excel – $247
- if you go for both programs – $397
For people in India or those paying thru Bank Transfer, the prices are as following:
- for Financial Modeling using Excel – INR 8,000
- for Project Finance using Excel – INR 8,000
- if you go for both programs – INR 13,000
8. When can I join?
On Feb 23rd. We are going to open the registrations from Feb 23 to March 8th.
Classes begin on March 9th.
9. What did first batch students say about this?
Oh they loved it. We got so many encouraging testimonials and emails from students that we are really eager to open this program once again for your consideration. Here are 2 testimonials students sent. (More to come later).
This is Best Financial Modeling for small scale to Large Scale Industries irrespective of Product, services, Builders, Dealers, Franchises.
You have not restricted yourself to just constructing the Financial Model(FM) rather very receptive and flexible in your approach and willing to get feedback and share ideas
10. Any more questions?
Please post your questions about this program in comments. We would love to help you out.
PS: Drop us an email at chandoo.d @ gmail.com if you want to discuss about team discounts or anything specific.
See you in Financial Modeling School
We hope you find this program valuable and sign-up for it on 23rd. Paramdeep and I are very eager to meet you in Financial Modeling School and teach you new skills.
















24 Responses
I’d suggest simply using the subtotal function and filtering the data using the Win/Loss column. You get the same results and the formula is more comprehensible.
@John
That is one option.
There are times however when you want to see the whole data table or a filtered subset and still want to produce summary reports against an unfiltered field.
Is there a particular reason why you are using a comma and the unary (–) operator for the second array in the SUMPRODUCT formula? It seems to work the same if you were to string the arrays together using the asterisk (*). The advantage is that SUMPRODUCT treats the entire string of arrays as a single array.
@Mathew
Your correct, There is no difference.
I thought it may have been easier to explain this method.
Is there a way to do this on a large set of data? As in ~100,000 rows? When I try I get an error because the formula becomes too long. It says the max length of a formula is 8,192 characters. Excel 2010.
How do I incorporate a specific text within a cell for the second array. For instance, – -(C7:C13=”Apple”)
when I chose a specific text the formula does not work.
@RB
I am not sure what is the issue as if I use the sample data in the post the following work fine
Count:
=SUMPRODUCT(SUBTOTAL(3,OFFSET(C7:C13,ROW(C7:C13)-MIN(ROW(C7:C13)),,1)), –(C7:C13=”L”))
Sum:
=SUMPRODUCT(SUBTOTAL(3,OFFSET(C7:C13,ROW(C7:C13)-MIN(ROW(C7:C13)),,1)),(C7:C13=”L”)*(D7:D13))
You may want to check that there are no leading or trailing spaces in your list of Apples
I should have given a better explanation. Heres my situation. I have a column with cells filled with names like Column 1, Column 2, Pier 1, Pier 2, etc. If the cell just contained Pier and searched for that it works. But because it has other characters in the cell its not recognizing the pier. So how can I extract specific characters of a string of text in this formula?
Hopefully this was a better explanation
Hello-
This formula works pretty well for me except that it slow down excel and prevents some of my macros from working. I was wondering if there was a way to program this in VBA so that excel isn’t always trying to recalculate it. I would like to use a push of a button to get it to run then paste in a cell.
Thanks!
I am trying to sum filtered data in a column, but would want to ignore the negative values in the column. How to go about doing this?
@Akshay
Why not just add a filter to that column to only show the values greater than zero?
The negative values are required for reporting purposes, but their effect on the total is distorting the required output. Please advise.
@Akshay
I’d suggest making a post in the Chandoo.org Forums
http://forum.chandoo.org/
Attach a sample file to simplify the task
I have this working for counting and summing, however, I have a list and for the second array, I need a criteria. That is, I’m looking for b13:b200=”01.??.??” or =left((a1,2) or something like that. These types of criteria matches do not appear to work as I get a blank as a result.
Thanks!
@Bob
As your formula b13:b200=”01.??.??” looks like you are trying to check the first day of the month of the range
What about trying Day(B13:B200)=1
Hai Experts,
i understood this formula well and working fine in MS Excel 2013
but when the same am trying to place in google Spreadsheet it shows error as
“SUMPRODUCT has mismatched range sizes. Expected row count: 1. column count: 1. Actual row count: 2014, column count: 1.” and as a result #VALUE! Appears in cell.
Can anyone please help me how would i get it done in Google Spread sheet
or is there any other formula as a substitute for this.
Thank you very much.
thanks for providing this.. but why does excel keeps on prompting Circular referencing in cell D3?
@Vivek
I don’t know
I just downloaded the file and it is working fine and not showing that error
Goto the Formulas, Calculation Options Tab and check that Calculation is set to Automatic
What version of Excel and Windows are you using ?
I know that this forum is for MS Excel, but I am trying to help someone who is working in Google Sheets. The below formula works in Excel but Google Sheets returns:
“SUMPRODUCT has mismatched range sizes. Expected row count: 1. column count: 1. Actual row count: 39000, column count: 1.” and as a result #VALUE! Appears in cell.
This is the same problem asked by Srichirin above. Does anyone know if there is a formula for Google Sheets that will replicate what MS Excel does?
=SUMPRODUCT(SUBTOTAL(3,OFFSET($C$6:$C$39500,ROW($C$6:$C$39500)-MIN(ROW($C$6:$C$39500)),,1)),- -($C$6:$C$39500=H1),($D$6:$D$39500))
Trying to find a SUMPRODUCT formula that counts the word Closed by date for the last 7 days in a filtered list.
=COUNTIF(M:M,”>”&TODAY()-7) works ok for unfiltered count Column M contains Closure dates (blank if open) and Column L is Status Open or Closed
@ Terry
Please ask the question at the Chandoo.org Forums
https://chandoo.org/forum/
Please attach a sample file to ensure a quicker more accurate answer
I used this formula and worked like a charm! But, now I’ve been requested to use it but adding not one but two criteria in the same formula. For instance the sum I was doing added negative and positive numbers. I’ve been asked to use the exact same formula but adding that only positive numbers were considered… any idea on how to do this?
How exactly do you do sum filtered cells when two criteria are need not just one?
Thank you so much brother literally I have been struggling since morning to get the sum of the filtered category, however, after reading your blog attentively i got my solution, so thanks a lot once again.