Enroll Course: https://www.coursera.org/learn/judgmental-business-forecasting-in-excel
In the ever-evolving landscape of business, accurate forecasting is crucial for making informed decisions. The course Judgmental Business Forecasting in Excel, part of the Business Forecasting Specialisation on Coursera, takes your forecasting skills to the next level by focusing on judgmental forecasting techniques. This course is a must for anyone looking to enhance their forecasting expertise beyond traditional quantitative methods.
Course Overview
This course builds on the foundational knowledge gained from the first two courses in the specialization, which cover Time Series Models and Regression Models. It dives deep into the realm of judgmental forecasting, a critical area where quantitative methods may fall short. The course emphasizes the importance of human insight and structured methodologies in generating business forecasts.
Syllabus Breakdown
- Welcome and Critical Information: The course begins with an introduction to judgmental forecasting and its significance in business decision-making.
- Business Indicators: Here, you will learn how to leverage business indicators to predict cyclical trends and how Excel can facilitate these analyses.
- Subjective Assessment Methods: This section covers three key methodologies: the Sales Force Composite Method, Jury of Executive Opinion, and Subjective Probability Assessments, all enhanced by Excel tools.
- Exploratory Methods: You will explore the Delphi Method and Scenario Analysis, gaining insights into how these exploratory techniques can be executed using Excel.
- Biases & Bringing All of Business Forecasting Together: The course concludes with a reflection on biases in forecasting and a case study assessment that integrates all the learned principles.
Why You Should Take This Course
This course is ideal for professionals who have a basic understanding of forecasting and want to delve deeper into judgmental methods. The structured approach to learning, combined with practical Excel applications, makes it an invaluable resource. By the end of the course, you will not only understand the methodologies but also how to apply them effectively in real-world scenarios.
Final Thoughts
In conclusion, Judgmental Business Forecasting in Excel is a comprehensive course that equips you with the necessary tools to enhance your forecasting capabilities. Whether you are a business analyst, manager, or entrepreneur, this course will provide you with the insights needed to make better business decisions. I highly recommend enrolling in this course to elevate your forecasting skills!
Enroll Course: https://www.coursera.org/learn/judgmental-business-forecasting-in-excel