Financial Planning & Analysis (FP&A) is the team inside a company that builds budgets, forecasts revenue/expenses, does variance analysis (actual vs. plan), and tells leadership what the numbers mean. Think of it as the bridge between accounting (what happened) and strategy (what should happen next).

Financial Statements Income statement, balance sheet, cash flow statement — reading and building them
Budgeting Zero-based, incremental, rolling forecasts, top-down vs. bottom-up approaches
Forecasting Revenue modeling, expense projections, scenario analysis (best/base/worst case)
Variance Analysis Actual vs. budget, actual vs. forecast, identifying and explaining the "why"
Excel / Sheets Financial models, pivot tables, XLOOKUP, INDEX/MATCH, dynamic arrays, data tables
Business Partnering Translating numbers into stories, presenting to non-finance stakeholders

All resources below are free (no paywall, no credit card required). Ordered from foundational to advanced.

Phase 1 Accounting & Financial Statements Foundations

Before you can forecast, you need to read and understand financial statements fluently.

Phase 2 Excel for Finance

Excel is the daily tool for FP&A. You need to be fast and fluent with formulas, models, and data manipulation.

  • youtube Leila Gharani — Excel for Finance 2M+ subscribers. Practical Excel tutorials focused on business/finance use cases. Covers dynamic arrays, XLOOKUP, pivot tables, Power Query. All free on YouTube.
  • youtube Excel Campus (Jon Acampora) Focuses on making Excel work faster — keyboard shortcuts, VBA basics, pivot table techniques. Free YouTube content.
  • course Microsoft — Free Excel Training Official Microsoft Excel training videos. Covers beginner through advanced features. Completely free, no account needed.
  • practice Chandoo.org — Excel Formula Guide Comprehensive free formula reference with examples. The blog also has free financial modeling walkthroughs.
  • youtube TeachExcel 1000+ free Excel tutorial videos organized by topic. Good for looking up specific functions when building models.
Phase 3 Budgeting & Forecasting

The core FP&A skill. Learn how companies build annual budgets and rolling forecasts.

  • youtube Carl Seidman — FP&A videos FP&A consultant with videos on budgeting processes, forecasting techniques, variance analysis, and what the actual job looks like day-to-day. Free on YouTube.
  • youtube Josh Aharonoff Startup CFO sharing practical FP&A templates, financial models, and forecasting approaches in Google Sheets/Excel. Free templates on his channel.
  • youtube Kenji Explains FP&A career content — what the role actually involves, interview prep, day-in-the-life, and technical skill breakdowns. All free.
  • course MIT OpenCourseWare — Financial Accounting Deeper dive into financial accounting that feeds into budgeting/forecasting work. Free lectures, problem sets, and exams.
  • youtube The Financial Controller Practical corporate finance tutorials covering budgeting, month-end close, management reporting. UK-based but universally applicable.
Phase 4 Financial Modeling

Building 3-statement models, DCF models, and scenario planning tools from scratch.

Phase 5 Variance Analysis & Business Storytelling

The skill that separates a "number cruncher" from a strategic FP&A partner: explaining the WHY behind variances.

Phase 6 FP&A Career Prep & Tools

Getting hired, interview prep, and modern FP&A tools beyond Excel.

Weeks 1–2: Financial statements fundamentals (Khan Academy + Accounting Stuff)

Weeks 3–4: Excel fluency (Leila Gharani + Microsoft training, practice daily)

Weeks 5–6: Budgeting & forecasting concepts (Carl Seidman + Josh Aharonoff)

Weeks 7–8: Build a 3-statement model from scratch (Damodaran + Finance Storyteller)

Weeks 9–10: Variance analysis & presentation (Storytelling with Data + practice on real company 10-K filings from SEC EDGAR)

Weeks 11–12: Mock interviews + build a portfolio model (Kenji Explains + r/FPandA for feedback)