Budgeting, Forecasting, Business Planning and Economic Modelling

Course Info

Length: 1 Week

Type: Online

Available Dates

Fees

  • May-20-2024

    1,550

  • June-17-2024

    1,550

  • July-15-2024

    1,550

  • Aug-19-2024

    1,550

  • Sep-16-2024

    1,550

  • Oct-21-2024

    1,550

  • Nov-18-2024

    1,550

  • Dec-16-2024

    1,550

Course Details

Course Outline

5 days course

Introduction to Budgeting, Forecasting, Business Planning and Economic Modelling

  • Overview of Budgeting, Forecasting, Business Planning and Economic Modelling: Definitions, differences, and interconnections.
  • Importance of financial planning in business.
  • Understanding the Financial Planning Cycle: From identifying needs to evaluation and review.
  • Introduction to Economic Modelling: From building models to interpreting results.

Strategic Financial Planning

  • Developing a financial planning strategy: Aligning financial planning with organizational objectives.
  • Budgeting and Forecasting: Techniques, tools, and best practices.
  • Risk Management in Financial Planning: Identifying, assessing, and mitigating financial risks.
  • Developing a Business Plan: Elements, importance, and implementation.

Operational Efficiency in Financial Planning

  • Understanding and implementing principles of efficient financial planning.
  • The role of technology in enhancing operational efficiency: ERP systems, AI, and Machine Learning.
  • Capital Budgeting: Techniques for effective capital expenditure planning.
  • Performance Analysis: Ensuring the financial health of the business.

Ethical and Sustainable Financial Planning

  • Understanding ethical financial planning: Transparency, accountability, and fairness.
  • The role of financial planning in sustainability: Strategies for long-term financial health.
  • Implementing ethical and sustainable financial planning practices: Challenges and solutions.
  • Regulatory compliance in financial planning: Understanding relevant laws and regulations.

Future Trends in Budgeting, Forecasting, Business Planning and Economic Modelling

  • Impact of globalization on financial planning.
  • Exploring the potential of emerging technologies: Blockchain, AI, and automation.
  • The future of financial planning: Predictions and preparations.
  • Skills for the future: Essential skills for financial planning professionals in the digital age.

Course Video