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Budget Analysis and Forecasting Training in Mumbai, India
Rated 5/5 based on 96 customer reviews

Budget Analysis and Forecasting Training in Mumbai, India

Master fundamental budgeting principles and forecasting methods with KnowledgeHut!

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Modes of Delivery

Live Online (Virtual)

Collaborative, enriching virtual sessions, led by world class instructors at time slots to suit your convenience.

Team/Corporate Training

Our Corporate training is carefully structured to help executives keep ahead of rapidly evolving business environments.
Group Discount: 5% for 3 to 4 peoples 10% for 5 to 9 people 15% for 10+ people

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Description

For a project to be successful, careful planning and budgeting is of critical importance. Even if a project is delivered on time and meets the end-user requirements, if it overshoots the budget then it is considered a failure- hence stringent analysis and smart forecasting are crucial for meticulous management of budgets.

Our three day training session teaches best practices in budgeting and forecasting, with case studies based on real case corporate scenarios. This hands-on intensive course targets professionals from financial as well as non-financial backgrounds, and helps them to grasp fundamental budgeting principles and forecasting methods, gain an understanding of budget processes, and improve their financial literacy. The course will equip candidates with a collection of tools and insights to enable them to fulfil their professional goals as well as the expectations of their companies and investors.

Get started on achieving excellence in financial planning, and drive your organization forward to achieve the required goals and targets!

On successful completion of the course, you will receive a Course Completion Certificate from KnowledgeHut with Credits (1 credit per hour of training).

What you will learn:
  • A greater understanding of the impact of budgeting in achieving your organizational goals
  • An understanding of the different budgeting techniques, approaches and methodologies applicable to different industries and scenarios
  • An understanding of the importance of budgeting and forecasting in a climate of uncertainty
  • Knowledge of the significance of the behavioral aspects in budgeting and forecasting
  • An awareness of the techniques and methodologies for effective budgeting, and its impact on performance management
You will also get:
  • 24 hours of classroom training
  • Handouts and the PowerPoint Presentation
  • Case Studies
  • On successful completion, participants will receive a participation certificate

Key Features

24 hours intensive classroom training
Learn best practices in budget analysis and forecasting
Extensive exercises to master techniques and strategies
Case Studies for real world understanding
Downloadable e-book
KnowledgeHut issued course completion certificate for better job prospects
Budget: Background
Budget and business plan
Budget and forecast
Budget and the business strategy
Budgeting process
The planning cycle
Potential problems
  • Developing budgets
  • From operational budgets to financial budgets
  • Process/steps
  • Types of budgets
  • Fixed
  • Flexed
  • Rolling
  • Methods of budgeting
  • Incremental
  • Zero based budgeting
  • Approaches to budgeting
  • Top down
  • Bottom up
  • Iterative
  • Activity orientated
  • Task orientated
  • Planning programming budgeting system
  • Behavioural aspects in budgeting
  • Forecasting versus budgeting
  • Process flow of an organization
  • Gathering information
  • Anticipating and budgeting for revenues
  • Estimating expenditure
  • Understanding costs
  • Operational budgets
  • Sales
  • Production
  • Raw Materials
  • Labour
  • Financial budgets
  • Statement of financial performance
  • Statement of financial position
  • Statement of cash flows

Tools and exercises will be provided so that you can practice the techniques and strategies covered in the course.

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Everything from the course structure to the trainer and training venue was excellent. The curriculum was extensive and gave me a full understanding of the topic. This training has been a very good investment for me.

Attended Certified ScrumMaster (CSM)® workshop in May 2018

The trainer was really helpful and completed the syllabus on time and also provided live examples which helped me to remember the concepts. Now, I am in the process of completing the certification. Overall good experience.

Attended PMP® Certification workshop in May 2018

The customer support was very interactive. The trainer took a very practical oriented session which is supporting me in my daily work. I learned many things in that session. Because of these training sessions, I would be able to sit for the exam with confidence.

Attended Agile and Scrum workshop in May 2018

I would like to extend my appreciation for the support given throughout the training. My special thanks to the trainer for his dedication, and leading us through a difficult topic. KnowledgeHut is a great place to learn the skills that are coveted in the industry.

Attended Agile and Scrum workshop in May 2018

Trainer really was helpful and completed the syllabus covering each and every concept with examples on time. Knowledgehut staff was friendly and open to all questions.

Attended Certified ScrumMaster (CSM)® workshop in May 2018

I was totally impressed by the teaching methods followed by Knowledgehut. The trainer gave us tips and tricks throughout the training session. The training session gave me the confidence to do better in my job.

Attended Certified ScrumMaster (CSM)® workshop in May 2018

The hands-on sessions helped us understand the concepts thoroughly. Thanks to Knowledgehut. I really liked the way the trainer explained the concepts. He was very patient and well informed.

Attended Certified ScrumMaster (CSM)® workshop in May 2018

Knowledgehut is the best platform to gather new skills. Customer support here is very responsive. The trainer was very well experienced and helped me in clearing the doubts clearly with examples.

Attended Agile and Scrum workshop in May 2018
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Frequently Asked Questions

Budgeting is essential for all functions of an organization and smart budgeting leads to optimum management. Professionals from different levels of the following departments can attend this workshop:

  • Accounts & Finance Department
  • Marketing department
  • Operations Department
  • Business Analysts
  • Admin & Secretarial Professionals
  • IT Support & Services Department
  • Professionals interested in improving their knowledge of Budgeting and Forecasting

Planning and budgeting are key components to ensure a project’s success. So, even if a project is delivered on time and meets the end-user requirements, it is considered too expensive if it exceeds the budget. Hence stringent analysis and smart forecasting are crucial for meticulous management of budgets. Planning and budgeting are key components to ensure a project’s success. So, even if a project is delivered on time and meets the end-user requirements, it is considered too expensive, if it exceeds the budget. Hence stringent analysis and smart forecasting are crucial for meticulous management of budgets.


There are no prerequisites for this course.

Yes, this course is conducted as a virtual course. Call us for more information on the same.

On successful completion of the course you will receive a course completion certificate issued by KnowledgeHut.

You will receive 1 credit per hour of learning.

The trainers are highly qualified and certified instructors with plenty of teaching experience.

It is easy to enroll for classroom training online. There are several options to pay either through your debit/credit card that includes Visa Card, MasterCard,American Express or - via PayPal. Payment receipt will be issued to the candidate automatically by email.

Any registration cancelled within 48 hours of the initial registration will be refunded in FULL (please note that all cancellations will incur a 5% deduction in the refunded amount due to transactional costs applicable while refunding). Refunds will be processed within 30 days of receipt of written request for refund. Kindly go through our Refund Policy for more details:  https://www.knowledgehut.com/refund-policy

Please send in an email to support@knowledgehut.com and we will answer any queries you may have!


Budget Analysis and Forecasting Course in Mumbai

Budget Analysis & Forecasting – Mumbai

Mumbai  is  the  capital  of  Maharashtra  state  and  is  also  one  of  the  most  important  centres  of finance  and  business  in  India.  Home  to  the  nation’s  largest  stock  exchange  and  biggest companies, Mumbai is also the entertainment centre of the country and has a thriving film and theatre industry. The favourite sport here is cricket and the city is also home to many prestigious educational  institutions.  In  this  hotbed  of  talent  and  business,  KnowledgeHut  presents  the Budgeting and Forecasting Certification in Mumbai

About the Course

Budgeting  and  forecasting  is  an   indispensable  part  of any  business  model  and  project management   goals   hinge   on   executing   according   to   the criteria   set   by   this   important component. A good budgeting practice will help managers make correct decision and justify the business  model.  The Budget Analysis  Certification  Courses  by KnowledgeHut are designed  to equip participants with a thorough understanding of important principles, concepts, components and techniques of the topic. With case studies based on real life scenarios, course participants will get a good idea of the applications of Budgeting and Forecasting. The online training is a 3 day/24-hour  affair  led  by  experienced  tutors  and  will  help  you  pass  any exam  on  the  topic  of Budgeting   and   Forecasting.   At   successfully   finishing   the KnowledgeHut Budgeting   and Forecasting Training Courses in Mumbai, participants get a course completion certification.

The Budgeting and Forecasting Certification in Mumbai begins with an introduction to budgeting and  its  relationship  with  the  larger  business  plan  and  strategy.  You  will  learn  about  the budgeting  process  and  planning  cycle  and  our training  instructors  will  teach  you  about  the common problems in budgeting and how to deal with them. The online classes will continue with lessons  on  the  different  types  of  budgets  and  incremental  and  zero  based  budgeting.  As  the Forecasting  Training  Online  in  Mumbai  progresses,  you  will  be  taught  about  the  different approaches  to  budgeting,  including  top  down,  bottom  up  and  iterative  budgeting.  Participants will   learn   about   the  different   components   of   operational  and  financial   budgets.   In   this KnowledgeHut online  program,  you  will  get  tools  and  exercises  to  help  you strengthen  your basics with some good practice.

The KnowledgeHut Advantage

 

KnowledgeHut  is a  global  leader  in e-learning. With  a presence  in over  70  countries,  we  have helped  thousands  of  professionals  gain  important  career  defining  credentials.  Available  at  a great price,  the Budgeting  and  Forecasting  Training  Courses  in  Mumbai are  delivered  using state  of  the  art  virtual  learning  techniques  that  combine  easy  online  access  with  an  engaging live  classroom  environment.  If  you  work  in  the  Operations,  Accounts  &Finance  and  Marketing departments  of  your  company  or  if  you  have  roles  in  Business  Analysis  and  IT  Services  and Support,  this  course  is  a  good  recommendation.  The  training  is  also  a  perfect  learning experience for those interested in knowing more about Budgeting and Forecasting.           

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