Practical Business Forecasting: A First Course

Course Dates:

To be arranged

• Do you make forecasts at work?
• Do you want to understand and improve what you are doing when making forecasts?
• You need to know about Practical Business Forecasting

Please see our full list of courses for available dates and details of costs.

Who is it for?

This course is aimed at all who need to learn about the role played by forecasting in modern business. It teaches the practical use of the most common forecasting methods and subsequent presentation of results to a business audience.

What prior knowledge is assumed?

No prior computing knowledge is assumed apart from the ability to use a basic Excel spreadsheet. The course is taught using Excel 2007 but anyone familiar with Excel 2003 will be able to participate fully. Some simple formulae are used so participants should have GCSE Maths to benefit fully from the course.

What does the course cover?

The topics covered in the course are:

• The role of forecasting in business
• The forecasting process
• Moving average methods
• Exponential Smoothing
• Handling seasonality
• Handling curved and straight trends
• Causal regression with multiple predictors
• Construction of models using Excel
• Presentation of results numerically and graphically

The course provides hands-on experience to build and use the simple but most commonly used Excel forecasting models under the expert guidance of a tutor.

Why choose this course?

• Aimed at all who need to learn about the role played by forecasting in modern business
• Learn the practical uses of common forecasting methods and subsequent presentation of results to a business audience
• Benefit from our state-of-the-art de Havilland campus
• Discounts are available for those attending more than one course

Course fees

Course fee: £500 including teas/coffees, and lunches

Discounts are available for those attending more than one course (e.g. Practical Business Forecasting: A Further Course), and research students. Those on limited incomes should contact the course organisers to discuss their situation.

For enquiries, please phone 01707 285574 or e-mail statistics@herts.ac.uk.

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Terms and Conditions

All bookings are subject to the standard terms and conditions of the University of Hertfordshire. A copy of these standard terms and conditions is available on request by emailing CPDU@herts.ac.uk.

Study routes

• Part Time