Financial Forecasting
Learn the principles of finance
Sentinel 9
Summary
- Reed courses certificate of completion - Free
- Certificate of completion - £3
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Overview
This course applies the fundamentals of corporate finance from the perspective of the business manager. Once the course is completed, you will have learned financial forecasting, co-integration, random walk, seasonality, smoothing and errors and an introduction to survey and research methods.
Curriculum
Course media
Description
BACKGROUND:
Financial management in both private and public organizations typically operates under conditions of uncertainty or risk. Probably the most important function of business is forecasting. A forecast is a starting point for planning. The objective of forecasting is to reduce risk in decision making. In business, forecasts are the basis for capacity planning, production and inventory planning, manpower planning, planning for sales and market share, financial planning and budgeting, planning for research and development and top management's strategic planning. Sales forecasts are especially crucial aspects of many financial management activities, including budgets, profit planning, capital expenditure analysis and acquisition and merger analysis.
Forecasts are needed for marketing, production, purchasing, manpower and financial planning. Further, top management needs forecasts for planning and implementing long-term strategic objectives and planning for capital expenditures.The financial manager must estimate the future cash inflow and outflow.
LEARNING OUTCOMES:
Upon the completion of this module, users will be able to:
• Apply financial forecasting techniques including regression, correlation and covariance; time series analysis - cointegration and random walk; econometric tools – seasonality, smoothing and errors; and qualitative methods – Survey, Research and Delphi
Who is this course for?
- Business Managers
- Students
- Self Employed Individuals
- Start-up Companies
- Executives
- Entrepreneurs
Requirements
- No prerequisites.
- No materials distributed.
- No formal assessments required.
Career path
- Business Analyst
- Commercial Banking Professional
- Corporate Treasurer
- Financial Project Manager
- Foreign Exchange Dealer
- Insurance Professional
- Investment Analyst
- Investment Banker
- Investment Manager
- Risk Manager
- Stockbroker
Questions and answers
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Certificates
Reed courses certificate of completion
Digital certificate - Included
Will be downloadable when all lectures have been completed
Certificate of completion
Digital certificate - £3
The certificate will be sent via email once the course has been completed.
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This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.
