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Recommended Prep Courses

These preparatory courses are optional, but we recommend you to complete the stated prep course(s) or possess the equivalent knowledge prior to enrolling in this course:

  1. Excel Crash Course
  2. Building a 3 Statement Financial Model
  3. Business Valuation Modeling

LBO Model Course

Learn to build an LBO model from scratch in CFI's leveraged buyout modeling course. This advanced class covers how to set up and build an LBO model step-by-step including assumptions, financing, forecast income statement, balance sheet, cash flow, debt schedule, DCF, IRR, sensitivity analysis, error checks, all formulas, functions, and formatting.

LBO Model Course - Leveraged Buyout Financial Modeling

LBO Modeling Curriculum

This advanced financial modeling course covers everything you need to build an LBO model from scratch.

Learning objectives include:

  1. Layout and structure - how to effectively set up the model in Excel
  2. Assumptions - general transaction details, operating scenarios, financing terms, sources and uses of cash, etc.
  3. Historical financial statements - linking the 3 statements in Excel
  4. Building the forecast - using operating scenarios and other assumptions to drive the forecast
  5. Transaction balance sheet - calculating all adjusting entries to create a pro forma balance sheet (goodwill, recapitalization, etc)
  6. Debt schedule - model all tranches of debt and interest using dynamic formulas
  7. Credit metrics - model all necessary debt covenants such as debt/EBITDA, EBIT/Interest, fixed-charge coverage ratio, and more
  8. DCF & IRR - incorporate a discounted cash flow (DCF) analysis and internal rate of return (IRR) by investor type
  9. Sensitivity analysis - create data tables to sensitize the IRR based on changes in key assumptions and drivers
  10. Charts & graphs - show outputs and results from the LBO model

Screenshot of LBO Model in Course

Who Should Take this LBO Model Course?

This LBO model course is designed for advanced financial practitioners. It is most suitable for professionals working in investment banking and private equity, although it may also be useful for professionals in equity research, corporate development, and other areas of finance.

This course counts as one of the Elective requirements for CFI's Financial Modeling and Valuation Analyst (FMVA)™ certification.

Private Equity Modeling Course

Why Take this LBO Modeling Class?

Looking to take your career to the next level and learn advanced technical skills? In this step-by-step class, you'll learn how professionals build LBO models from scratch, including every single formula and function.

The main benefits of taking this class include:

  • Learning the mechanics of a leveraged buyout transaction
  • Understanding how to most effectively structure an LBO model
  • Learning advanced Excel formulas and functions
  • Building a complex financial model
  • Assessing a company's debt capacity
  • Evaluating the attractiveness of an acquisition opportunity
  • Gaining confidence in advanced modeling techniques
  • Advancing your career as a financial analyst

LBO model training

What You'll Learn


LBO Model - Leveraged Buyout Modeling Course

$197.00 Enroll Now Free Preview

Approx 11.0 hrs to complete


From $847.00
CFI Full Immersion Bundle & FMVA® Certification
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From $497.00
CFI Self-Study Bundle & FMVA® Certification
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Path to Certification

Prep Courses

5 courses from beginner to intermediate level.


Core Courses

10 courses from beginner to intermediate level.


Elective Courses

Take 3 out of 9 courses at an advanced level.


Get Certified

Submit your FMVA®️ checklist and order your certificate.


Join Our Community

Get access to the Global Corporate Finance Society.


How the Certification Works

FMVA® Financial Analyst Certification courses are offered 100% online, allowing you the flexibility to start the financial analyst program anytime and learn when it’s most convenient for you.
Students must complete all core and elective courses (12 in total) and demonstrate mastery of the topics through successful completion of course materials, quizzes, and assessments.
Within 48 hours of program completion, your Blockchain Verified FMVA Certification will be emailed to you.

What Our Students Say

Mauro de la Cueva
LBO Modeling
Excellent Case of Study, finally, I have a clear view and understanding of the language of business, financial statements, capital structure and debt in depth with clear, and precise explanations. Very helpful material for better business decisions. Highly recommended. Mauro
Tancredo Oliveira
Great Course.!
One of the courses I most liked in the FMVA process.!

High quality presentation
David Eduardo Avalos Barrios
Precise & Concise
Hightly recommended.
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Innocent Rukundo Musabyimana
Very intuitive though demanding detailed attention
Moses Kargbo
The LBO course is beneficial as it provides an in-depth understanding of debt maximisation in financing. A concept usually talked about but very sophisticated in everyday funding. It was an exciting learning experience.
Magangeni Ngobeni
I found the course very informative and equipping. I am confident and cannot wait to take back the newly acquired skills although I have worked with LBOs before.
Marko Maschek
great course a real inspiration
Zahid Sameer
Taught me from ground up all I needed to know about Leverage Buy Outs and modelling them as well!....Very glad I took this!..
Very clear step by step training course on LBO models. Highly recommended!
Jose Maceira
Hi, You should try with the following syntax to make the formula shorter and simple. =IFERROR(VLOOKUP("ERROR";D30:D34;1;FALSE);"OK") I used it and everything worked perfectly. Bye
Delbert Adivnovak
Awesome LBO model with very well explained definitions and use of it. Great exercises to build the model!

Frequently Asked Questions

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FMVA® Financial Analyst Certification

Become a Financial Modeling and Valuation Analyst (FMVA)® by completing all required courses in accounting, finance, modeling, Excel, presentations, and strategy. From beginner to advanced courses you will have the complete training you need to become a world-class financial analyst.


From $847.00
CFI Full Immersion Bundle & FMVA® Certification
Buy Now
From $497.00
CFI Self-Study Bundle & FMVA® Certification
Buy Now