ARGUS Software Training and Certification Leave a comment

You were probably using ARGUS DCF, and they have since transitioned to ARGUS Enterprise, which is cloud based. I learned ARGUS on the job, by simply being given a rent roll, historical operating statements, and a completed ARGUS cash flow and trying to match my cash flow to it. In this lesson, you will learn the critical foundations to understanding the basis of waterfall modeling, and proceed to model two different Preferred Return waterfall structures, both of which are Pari-Passu.

ARGUS training and certification courses

If you understand excel already and the basics of real estate finance I don’t think you’ll gain much. Financial modeling for beginners is our introductory guide to financial modeling – we cover how to build a model, Excel formulas, best practices, and more. CFI’s REFM course covers a wide range of real estate development topics. The REFM Excel for Real Estate Certification Program was started in 2011 as a means to demonstrate to employers (and the world!) proficiency modeling commercial real estate investments in Excel.

• In short, FRM is highly specialized and has a stronger focus on risk management, whereas the CFA designation covers a broader scope of financial analysis and investment topics.
• As you pass each test, your name is added to the list of REFM Certification Holders.
• In the unlikely event you’ve visited my LinkedIn page lately or happened upon Bruce Kirsch’s list of REFM Certification Holders, you might have noticed that over the last year I’ve completed my REFM Excel for Real Estate certification.
• I took the REFM level three class and found it fairly worthless.
• Building well-formatted and extensive models is the name of the game for those working for institutional firms or preparing materials for a potential investor.
• Level Two covers more complex concepts in real estate financial modeling including advanced time value of money, formula-based interest-only/ amortizing payment switch, and residual land value calculations.

Sensitivity AnalysisSensitivity Analysis

At the time of its development, the certification was – and still is – the only program of its kind. Our Real Estate Financial Modeling Course also includes very detailed and advanced cash flow waterfall modeling between General Partners and Limited Partners . Such an approach to modeling cash flows allows some partners in the project to earn disproportionate returns relative to other partners. They can achieve the returns by clearing Internal Rate of Return hurdle rates that increase their percentage of cash flow distribution. Our real estate financial modeling course is designed to teach you how to build a development model in Excel from the ground up.

• She also got a job offer at a highly regarded real estate firm as an analyst so I’m actually considering the course too.
• You can complete the coursework on your own time while meeting regular deadlines.
• This level also gets into modeling double-promotes, look-backs, and claw-backs.
• Using a combination of videos, Excel model templates and financial reports, this course teaches students and professionals how to build, analyze, and interpret Real Estate financial models in a step-by-step fashion at their own pace.

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Level 2 Certification tests more sophisticated analysis and use of functions. Build on your commercial real estate knowledge and expertise with our ARGUS public training and certification courses. Our interactive training provide you with real-world scenarios and hands-on case studies so you can become more proficient using our ARGUS solutions. It was an opportunity to review concepts I’d learned but, because I’d not used them much, had become lost. The exercise was a chance to think about real estate financial modeling in a slightly different way that has made me a better professional because of it. In coming across this obscure fact you might have further wondered – uh, why?

Real estate financial models are tools for projecting the cash flows of a potential investment. The cash flow projections alone are not enough to analyze a potential investment. This module will cover how to summarize the outputs of a model to form the basis of an analysis by discussing key m … Level Two covers more complex concepts in real estate financial modeling including advanced time value of money, formula-based interest-only/ amortizing payment switch, and residual land value calculations. Topics may cover acquisition, development, leasing, operations, and market trends. Before getting into the specifics of why I took the certification, let me provide a quick overview of the program for those who are unfamiliar.

Real Estate Finance Certification Exam

Students with no prior background in Accounting should enroll in the Accounting Crash Course. Students with limited experience using Excel should enroll in the Excel Crash Course. This module introduces joint ventures and the theory behind wate … Gain access to our case study manuals (either in digital e-book or hard copy format) to test your knowledge and expertise using our ARGUS software solutions. Our ARGUS private training options allow you to tailor your training experience to meet your company’s requirements.

This module refm certification will unpack the differences and similarities in modeling a development and an acquisition. Development specific topics such as construction budgets and lease-up will be covered as … They also have a great affiliate network of an abundance of valuable resources for your business. In short, FRM is highly specialized and has a stronger focus on risk management, whereas the CFA designation covers a broader scope of financial analysis and investment topics. So, my recommendation for a down and dirty, do the $500 3 level REFM cert.

Also the ULI course’s on excel modeling are usually just overpriced versions of REFM, Kahr, etc, ….. The video running time is 3.3 hours across the 3 lessons. Get instant access to video lessons taught by experienced investment bankers. Learn financial statement modeling, DCF, M&A, LBO, Comps and Excel shortcuts. The program assumes a basic introductory knowledge of accounting (e.g. interaction of balance sheet, cash flow, and income statement) and proficiency in Excel.

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Once that happened I saved every model I came across and really studied it in my downtime. You’ll learn multiple ways to get to the same point, and find what works best for you. Replied to your PM but for the general public, BIWS’ real estate course was great.

This program has everything you need to build and interpret real estate finance models. All major real estate “food groups” are covered, including Multifamily, Office, Retail, and Industrial. Designed for professionals and students pursuing careers in real estate private equity as well as operators, developers, lenders, individual investors. Enrollment includes the option of sitting for the Real Estate Financial Modeling Certification. Those who successfully pass the exam can present their achievement on their resumes and LinkedIn (see below). Build on your commercial real estate knowledge and expertise with our wide range of training courses.

I mean, I already have a full-time job at a well-respected institutional real estate investor doing exactly what I always wanted to be doing – I’m definitely not leaving anytime soon and thus have no need to sharpen up my resume. Plus, my real estate financial modeling cred is not in question, at least I sure hope not! Well, allow me to explain my reasoning and perhaps convince you as well of the merits of getting REFM Excel for Real Estate certified. Although real estate is valued based on operating cash flow, non-operating cash flows are integral to business plans. Generally, any accredited degree offered by an institution of higher education certified as such within in a major country will be recognized as a valid degree.