Financial Analysis for Business Performance: Planning, Budgeting, and Forecasting

BY
Futurelearn

Learn how to perform financial forecasting, performance analysis and budgeting and navigate a balance sheet.

Mode

Online

Duration

4 Weeks

Quick Facts

particular details
Collaborators Coventry University, Coventry
Medium of instructions English
Mode of learning Self study
Mode of Delivery Video and Text Based
Learning efforts 4 Hours Per Week

Course overview

This Financial Analysis for Business Performance: Planning, Budgeting, and Forecasting training by FutureLearn offers an overview of financial analysis, demonstrating the basic tools available to begin analyzing and optimizing business performance. The course teaches how to navigate a balance sheet, comprehend financial performance analysis, and choose which analytical techniques to implement for each.

Strong financial planning and budgeting abilities are in high demand for several positions, whether you want to work as a business analyst, accountant, or consultant, or if you want to establish your firm and manage such areas. The 4 weeks Financial Analysis for Business Performance: Planning, Budgeting, and Forecasting online course teaches about various analysis tools to extract business insights.

Lack of understanding financials and a lack of adequate analysis while making crucial business choices results in numerous businesses failing. The Financial Analysis for Business Performance: Planning, Budgeting, and Forecasting syllabus investigates the main purpose and function of business budgeting and planning, as well as how they contribute to the achievement of company objectives.

The highlights

  • In collaboration with Xero
  • Video lectures
  • Endorsed by Coventry University
  • Self-paced learning
  • Online learning
  • 4 hours per week
  • Course provider FutureLearn
  • 4 weeks duration
  • Completion certificate

Program offerings

  • Bookmarking
  • Short-form articles
  • Recorded lectures
  • Experttracks
  • Social learning
  • Case studies
  • Practical activities
  • Assessments
  • Activities

Course and certificate fees

Financial Analysis for Business Performance: Planning, Budgeting, and Forecasting Fees

Course

Fee

Financial Analysis for Business Performance: Planning, Budgeting, and Forecasting

₹900/month

  • Candidates will get a 7-day free trial on the Futurelearn portal. After the completion of the free trial, they have to take the monthly subscription on the futurelearn portal of ₹900/month
certificate availability

Yes

certificate providing authority

Futurelearn

Who it is for

Eligibility criteria

Certification Qualifying Details

To qualify for the Financial Analysis for Business Performance: Planning, Budgeting, and Forecasting certification, Candidates are required to complete the online learning syllabus, examinations, projects, assignments, and other formative activities in the classroom. Candidates who satisfactorily complete the course will be awarded a certificate of completion as evidence of their learning achievements and development.

What you will learn

Financial knowledge Accounting proficiency

After completing the Financial Analysis for Business Performance: Planning, Budgeting, and Forecasting online training from FutureLearn, candidates will learn to distinguish and apply various analytical methods in order to give business insights. Financial analysis is interpreting a company's financial accounts in order to diagnose profitability, allowing the company to make informed decisions based on its performance, margins, and projected revenue.

The syllabus

Week 1: Introduction to the course and financial analysis

  • Welcome to the course
  • Introduction to planning, budgeting, and forecasting (PBF)
  • Fundamentals of effective budgeting
  • Week 1 wrap-up

Week 2: Financial planning

  • Welcome to Week 2
  • Fundamentals of effective forecasting
  • Technology-driven success
  • Effective planning, budgeting, and forecasting in the digital age
  • Week 2 wrap-up

Week 3: Analysis tools for business insights

  • Introduction
  • What is financial analysis?
  • Types of financial analysis (Part 1)
  • Week 3 wrap-up

Week 4: Business planning and operations

  • Introduction
  • Types of financial analysis (Part 2)
  • Set financial targets and performance metrics
  • Week 4 wrap-up

Admission details

To get admission to the Financial Analysis for Business Performance: Planning, Budgeting, and Forecasting online program by FutureLearn, follow the steps mentioned below:

Step 1. Follow the link given below to open the official course page of FutureLearn (https://www.futurelearn.com/courses/financial-analysis-business-performance-planning-budgeting-forecasting)

Step 2. Click on the ‘Start your free 7-day trial’ button to start the process of admission

Step 3. Create an account on the FutureLearn portal by filling in personal information such as Name, Age, Email

Step 4. Fill in the payment details, billing address and click the ‘Subscribe’ button to start the online course

Step 5. After ending the 7-day trial period, pay a monthly fee to further continue.

How it helps

Candidates pursuing Financial Analysis for Business Performance: Planning, Budgeting, and Forecasting course will be benefited in the following ways:

  • Outline the primary role and goal of financial planning and budgeting, as well as how they relate to various company objectives.
  • Explore the primary role and goal of financial performance analysis.
  • Learn about the best use case for key analysis tools to offer the necessary business insights.
  • Perform and interpret important studies, resulting in the development of a set of performance measures to guide company strategy and operations.

Instructors

Ms Alysha Randall

Ms Alysha Randall
Chief Finanacial Officer
Freelancer

FAQs

What is financial planning?

The act of establishing how a firm will spend to meet its goals and objectives is known as financial planning.

What are the 7 key components of financial planning?

Managing risk, managing liquidity, planning, budgeting, financing, investing, and communication are the 7 key components of financial planning.

What is a financial budget?

A financial budget outlines a company's cash flow, asset, income, and spending management plan.

What are the three types of budgets?

A surplus budget, a balanced budget, and a deficit budget are the three types of budgets.

What is financial forecasting?

Financial forecasting is a method through which a business considers and plans for the future.

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