loader image
Training Courses

Budgeting, Forecasting, Business Planning and Economic Modelling

Course Code
FA84
Category
Finance And Accounting
Course ID
2589
Course Outline

Course Overview

This DIXONTECH course provides an advanced understanding of budgeting, forecasting, and economic modeling as essential tools for strategic financial management. It integrates financial planning, performance management, and economic scenario modeling to enhance decision-making. Participants will master the design of dynamic models that connect strategy, budgets, and market trends, aligning with IFRS, PMI, and CIMA best practices.

TRAINING TOPICS

  • Strategic Financial Planning and Budgeting Frameworks
  • Forecasting and Predictive Analytics Techniques
  • Advanced Financial and Economic Modelling
  • Business Planning and Strategic Integration
  • Cost Behavior, Risk, and Sensitivity Analysis
  • Key Performance Indicators (KPIs) and Scenario Planning
  • Linking Financial Models to Corporate Strategy
  • Cash Flow Forecasting and Liquidity Management
  • Macroeconomic Modelling and External Drivers
  • Decision-Making through Model-Based Insights

BY THE END OF THIS TRAINING COURSE, DELEGATES WILL BE ABLE TO:

Develop and apply advanced financial and economic models for strategic forecasting, budgeting, and planning excellence.

  • Build dynamic financial and economic models
  • Design effective budgets and forecasts
  • Conduct sensitivity and scenario analysis
  • Integrate business planning with performance metrics
  • Analyze and interpret macroeconomic impacts
  • Apply advanced Excel modeling techniques
  • Support data-driven strategic decisions

TRAINING IS TAILORED TO

Finance and strategy professionals responsible for forecasting, business modeling, and performance planning.

  • Financial Analysts and Planners
  • Budget and Forecasting Managers
  • Strategic Planning Officers
  • Business Development Executives
  • CFOs and Finance Directors
  • Economists and Policy Advisors
  • Management Accountants

TRAINING METHODOLOGY

DIXONTECH integrates theory with practical model-building exercises, case simulations, and forecasting labs. Participants develop real-world financial models in Excel and Power BI, apply economic indicators, and analyze scenario-based outcomes for improved business performance and risk management.

DAY 1

STRATEGIC BUDGETING AND FINANCIAL PLANNING FRAMEWORKS

  • Linking strategy to budgets and forecasts
  • Objectives and principles of strategic budgeting
  • Financial planning cycles and coordination
  • Budget structures and performance alignment
  • Integrating capital and operational budgets
  • Role of managers in financial planning
  • Challenges and best practices in forecasting
  • Case example: strategic budgeting excellence

DAY 2

FORECASTING AND PREDICTIVE ANALYTICS

  • Qualitative and quantitative forecasting methods
  • Trend, regression, and time-series analysis
  • Forecast accuracy and performance measurement
  • Using predictive analytics in business forecasting
  • Data visualization for forecasting insights
  • Rolling forecasts and dynamic updates
  • Demand and revenue forecasting models
  • Workshop: developing a forecasting model in Excel

DAY 3

BUSINESS PLANNING AND FINANCIAL MODELING TECHNIQUES

  • Designing structured financial models
  • Key assumptions and driver-based modeling
  • Profit and loss, balance sheet, and cash flow links
  • Integrating KPIs into business models
  • Scenario building and sensitivity testing
  • Risk-adjusted planning and decision-making
  • Developing strategic and operational plans
  • Practical exercise: complete business model creation

DAY 4

ECONOMIC MODELLING AND SCENARIO ANALYSIS

  • Understanding macroeconomic drivers and linkages
  • Economic indicators and forecasting approaches
  • Inflation, exchange rates, and market volatility
  • Sensitivity and elasticity in economic models
  • Correlation and regression modeling in Excel
  • Building stress-testing and policy impact models
  • External risk integration in business planning
  • Case study: macroeconomic modeling simulation

DAY 5

INTEGRATED REPORTING, DASHBOARDS, AND STRATEGIC DECISION-MAKING

  • Consolidating budget and forecast reports
  • Financial dashboards using Excel and Power BI
  • Communicating model outputs to stakeholders
  • Linking financial models to business performance
  • Decision-making frameworks using model outputs
  • Governance and control in financial modeling
  • Digital transformation and AI in forecasting
  • Capstone project: developing an integrated planning model

 

Course Schedule

Discounts and Registration

Group & Corporate Discounts:
Available for companies enrolling multiple participants to help maximize ROI.
Individual Discounts:
Offered to self-sponsored participants who pay in full and upfront.
Registration Process:
Corporate nominations must go through the client’s HR or Training department.
Self-nominations must be prepaid via the “payment by self” option.
Confirmation:
All registrations are subject to DIXONTECH’s approval and seat availability.
Refunds:
Provided in case of course cancellation or no seat availability.
Tax Responsibility:
Clients are responsible for any local taxes in their country.