The Scrim School
Learn financial modeling properly - then prove it.
Clear lessons, real formulas, worked examples, and a quiz in every lesson - each concept linking straight to the simulator so you practice the moment you learn it. Every track is free.
New here? A good path: start with 3-Statement Modeling to learn how the statements work, then DCF Valuation, then Comparable Company Analysis, then LBO Modeling. Or jump into whatever you need.
DCF Valuation
Discounted Cash Flow, from first principles to a full company model
Master intrinsic valuation the way it's actually done on the desk - projecting free cash flow, building WACC, terminal value, and bridging to an implied share price. Then prove it in the simulator.
Open the track →3-Statement Modeling
How the income statement, balance sheet, and cash flow statement link into one living model
Master the model every analyst builds first: the three financial statements, how they connect, and how to make a balance sheet that balances itself. Then prove it in the simulator.
Open the track →LBO Modeling
Buy with debt, pay it down, and measure the sponsor's return - the private-equity core skill
Learn how a leveraged buyout actually makes money: sources and uses, the debt schedule, exit returns, and the three levers of value creation. Then build the returns in the simulator.
Open the track →Comparable Company Analysis
Value a company off its peers - trading comps, the right multiples, and precedent transactions
The relative-valuation method every banker runs alongside a DCF: pick a peer set, choose the right multiples, and turn them into an implied value - plus precedent transactions and the control premium.
Open the track →M&A & Merger Modeling
Build a merger model and tell whether a deal grows or dilutes the buyer's EPS
The deal-team core skill: price an acquisition, structure cash vs. stock, run the purchase accounting, and land the accretion/(dilution) verdict on EPS - then prove it in the simulator.
Open the track →Ready to build, not just read?
The simulator drops you into a live spreadsheet and grades every cell as you model. The first case is free.
Open the simulator →