Course description
This comprehensive program is designed to help participants understand the key aspects of budgeting, forecasting, business planning, and economic modelling, with a specific focus on strategic financial planning, operational efficiency, and sustainable practices. Through a blend of theory, practical examples, and future trends, we aim to equip you with the skills and knowledge required to excel in this field
Suitability - Who should attend?
This course is ideal for:
- Finance professionals who wish to deepen their understanding and enhance their skills.
- Business managers and executives interested in improving their organization's financial strategies.
- Students studying business, finance, or related fields who wish to gain practical knowledge.
- Individuals considering a career change into finance and business planning.
- Small business owners who wish to effectively manage their finances and plan for the future.
Outcome / Qualification etc.
Upon completion of this course, attendees should be able to:
- Understand the fundamental principles of budgeting, forecasting, business planning, and economic modelling and their roles in business success.
- Develop effective financial strategies, manage budget, and mitigate financial risks.
- Apply financial planning principles and technology to enhance operational efficiency.
- Implement ethical and sustainable practices in financial planning and understand the relevant laws and regulations.
- Understand the impact of globalization and emerging technologies on financial planning and prepare for future trends.
Training Course Content
Day 1
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.
Day 2
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.
Day 3
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.
Day 4
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.
Day 5
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.
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London Premier Centre
London Premier Centre is a UK leading training provider based in London and specialises in international short courses. Our inspiring, comprehensive portfolio of more than 400 professional development courses and seminars covers a wide range of professions from Administration, Leadership,...