Excel Skills for Business Forecasting
The current state of the world makes business forecasting even more fundamental to the operation of institutions.
Monthly Subscription Starting at AED 99 + VAT
- Level Professional
- المدة
- الطبع بواسطة Macquarie University
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Offered by
عن
The current state of the world makes business forecasting even more fundamental to the operation of institutions. In this Specialization we focus on Excel Skills for Business Forecasting in three courses — Time Series Models, Regression Models, and Judgmental Forecasting. In the first course on Time Series Models, we will be looking at how your business can utilise time series data sets to understand the different components underlying this data, and then apply the relevant model depending on these components to forecast for your business' needs. We then continue in our second course in this specialisation which looks at Regression Models, building causal models for both time series data as well as cross-sectional data. Causal models allow us to develop further business insights and strategy by controlling the inputs to generate the output we desire. In the third and final course, we explore the role of Judgmental Forecasting, when more quantitative forecasting methods have limitations, and we need to generate further business insights. We will be exploring some structured methodologies to create judgmental business forecasts and explore how Excel can assist us in these judgments. We will bring all these forecasting methods together in a final case study, giving you the opportunity to generate forecasts, which are the inputs to any organisation's planning.Auto Summary
Unlock the power of predictive analytics with "Excel Skills for Business Forecasting," a comprehensive specialization in the Data Science & AI domain. This engaging course, designed for professionals, offers an in-depth exploration of essential forecasting techniques through three focused modules: Time Series Models, Regression Models, and Judgmental Forecasting. Under the expert guidance of Coursera's instructors, you'll begin with Time Series Models, learning to analyze time series data, identify its components, and apply the appropriate forecasting models tailored to your business needs. Next, the Regression Models course delves into building causal models for both time series and cross-sectional data, enabling you to derive actionable business insights and strategies by understanding the relationships between variables. The final module, Judgmental Forecasting, addresses the limitations of quantitative methods by introducing structured approaches to creating judgmental forecasts. You'll discover how to leverage Excel to support these forecasts and synthesize all the techniques learned through a practical case study, culminating in the ability to produce accurate forecasts vital for organizational planning. This specialization is available with Starter and Professional subscription options, making it accessible for those ready to elevate their forecasting skills and drive strategic decision-making in their institutions. Join now to transform your business forecasting capabilities with Excel!
Dr Prashan S. M. Karunaratne