The Excel Skills for Business Forecasting Specialization offered by Macquarie University delves into the vital practice of business forecasting. In today's world, accurate forecasting is crucial for organizational planning and strategy development. This specialization comprises three comprehensive courses aimed at honing learners' abilities to leverage Excel for precise business forecasting.
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The Excel Skills for Business Forecasting Specialization consists of three courses: Time Series Models, Regression Models, and Judgmental Business Forecasting. Each course provides in-depth knowledge and practical skills for forecasting business needs using Microsoft Excel.
This course delves into different time series business forecasting methods using Excel. Learners will gain insights into theoretical methods and apply them to business data, programming forecasting models and optimizing them for accurate forecasts.
This course allows learners to explore Regression Models in order to utilize these models for business forecasting. Unlike Time Series Models, Regression Models are causal models, identifying variables that influence business outcomes. Learners will delve into various forms of regression models tailored to unique business scenarios.
In this course, learners extend their business forecasting expertise by exploring judgmental forecasting using structured methodologies and Excel tools. The course covers Business Indicators, Subjective Assessment Methods, and Exploratory Methods, and delves into the role of biases in Business Forecasting.
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