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Forgewell Financial Modeling and Valuation Certification
Three levels, eight modules, chapter quizzes, readiness exams, and a final exam — pass at 80% to earn your certificate.
8
Modules
3
Practice
80%
To pass
Level 1
Finance Foundations
Accounting fluency, three-statement mechanics, forecasting drivers, and the operating-model habits that keep analysis clean.
- 1Preview
Finance and Accounting Foundations
Read financial statements together, calculate operating metrics, and translate accrual accounting into cash flow.
Open module - 2
Three-Statement Modeling
Build a linked operating model with clean historicals, forecast drivers, debt mechanics, cash-flow bridge, and balance-sheet checks.
Open module - 3
Forecasting Revenue and Margins
Forecast growth, profitability, unit economics, operating leverage, and scenarios using evidence-based drivers.
Open module
Level 2
Valuation Analyst
DCF valuation, trading comps, transaction comps, valuation ranges, peer judgment, and market-context interpretation.
- 4
Free Cash Flow and DCF Valuation
Build a defensible DCF from unlevered free cash flow, discount rates, terminal value, and sensitivity analysis.
Open module - 5
Comparable Company Analysis
Use public-market trading multiples to triangulate valuation while controlling for business quality, growth, margins, and capital structure.
Open module - 6
Precedent Transaction Analysis
Analyze M&A transaction multiples, strategic buyer behavior, control premiums, synergies, and market-cycle relevance.
Open module
Level 3
Deal Judgment & Certification
LBO basics, investment memo writing, readiness exams, and final certification preparation.
- 7
LBO Modeling Basics
Understand sponsor returns through sources and uses, leverage, debt paydown, exit value, IRR, MOIC, and downside protection.
Open module - 8
Investment Memo and Recommendation
Turn analysis into a concise investment recommendation with business quality, valuation support, risks, mitigants, and decision framing.
Open module