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所在平台: Udemy |
课程主页: https://www.udemy.com/course/how-to-build-an-irr-based-waterfall-model-in-excel/
课程评论：没有评论
**课程名称：** 如何在Excel中构建基于IRR的瀑布模型 **课程概述：** 本课程专为在房地产、私募股权或投资分析领域工作的专业人士设计，旨在解决构建和理解瀑布模型中的常见挑战。如果您曾对瀑布模型的层级运作、公式含义或向他人解释其逻辑感到不确定，那么本课程将提供清晰的解决方案。 课程将从零开始，使用纯Excel和清晰、可审计的结构，教您如何构建基于IRR的投资者瀑布模型。我们将重点关注最常见的模型类型：即优先返还股权，然后是IRR门槛，最后是利润分成（提成），以奖励在达到特定回报门槛后获得更高收益的运营合伙人。您不仅将学习如何在Excel中操作，还将深入了解其重要性，并学会如何使您的模型更具灵活性、准确性和易懂性。 **课程内容要点：** * 从零开始使用标准Excel公式构建可操作的瀑布模型。 * 计算多层级的资本回报、IRR和利润分配。 * 理解优先回报和利润分成（提成）的触发机制。 * 学习避免常见建模错误的实用技巧。 * 通过内置检查和结构化输入来测试模型逻辑。 **先决条件：** * 具备Excel基础知识。 * 对房地产或投资现金流有一定的了解。 * 无需宏、VBA或任何快捷方式。 **课程目标：** 完成本课程后，您将拥有一个功能齐全的瀑布模型，并具备自信地使用、解释和改编该模型以应对实际交易的能力。您将掌握私有资本领域最重要的结构之一的建模方法。
If you work in real estate, private equity, or investment analysis, you've probably seen - or been asked to build - a waterfall model. And if you've ever felt uncertain about how the tiers actually work, what the formulas are doing, or how to explain the logic to someone else, you're not alone.This course shows you exactly how to build an IRR-based investor waterfall from the ground up, using plain Excel and a clear, auditable structure.We focus on the most common approach: a return of equity followed by an IRR hurdle, with promote tiers that reward the operating partner once certain return thresholds are met. You'll learn not just what to do in Excel, but why it matters - and how to make your model flexible, accurate, and easy to follow.Throughout the course, you'll:Build a working waterfall model from scratch using standard formulasCalculate capital returns, IRRs, and profit splits across multiple tiersUnderstand how preferred returns and promotes are triggeredLearn practical techniques to avoid common modelling errorsTest the logic using built-in checks and structured inputsAll you need is a basic understanding of Excel and some exposure to real estate or investment cash flows. No macros, no VBA, and no shortcuts - just a step-by-step breakdown of how to model one of the most important structures in private capital.By the end, you'll have a working model and the confidence to use it, explain it, and adapt it to real deals.
