Nigerian Seminars and Trainings

Search all upcoming seminars, conferences, short management courses and training in Nigeria and around the World

business logo

Certified Budget Analyst - Advanced Budgeting and Financial Forecasting using Advanced Excel Course

By: LEORON Professional Development Institute


11 - 14 Jun, 2018  4 days

Follow Event


USD 3,090

In our rapidly developing markets, the need for companies to react promptly to the changing environment is crucial. Historical accounting records are essential but are not enough for managers to make informed strategic operational and financial decisions. Management’s pre-defined goals should be filtered down into budgets, forecasts and plans of action. Most of the mid-sized companies and almost the entire large corporates engage in some forms of budgeting, planning and forecasting.

However, many are characterized by being not dynamic or interactive which may negatively impact the decisions made by top management. Making the right decision in such an atmosphere is easier when there is a clear view on what the future will bring. The future, however, may be predicted only from the moment when a good understanding of the past has been achieved; fast-changing business conditions call for agile planning, budgeting and forecasting.

This 5-days intensive event is targeting those responsible for the preparation of budgets, plans and forecasts and those who are using them as well. The course will start with some exceptionally important advanced Excel tips that will be utilized during the course. All of these tips coming together will orchestrate professional models that are dynamic and interactive. Very advanced tools like Monte Carlo simulation using Crystal Ball in Excel and PowerPivot (that is introduced recently in Excel) will be an inherent part of the program.

When it comes to planning for the future in any organization, the biggest problem is how to account for uncertainty. Strictly (in financial terms), uncertainty is where there is more than one possible outcome to a course of action; the form of each possible outcome is known, but the probability of getting any one outcome is not known. It is a challenge to quantify uncertainty because it is on not an observable variable rather one that is deduced from others. However, given a complete range of possible outcomes, one can make decisions that reduce this uncertainty.

Monte Carlo simulation gives the power to solve a problem by directly simulating the underlying process and then calculating the possible results of the process with varying degrees of probability.
You will learn how to develop Power Pivots that can handle data of up to 200 million rows of data on a standard desktop or laptop computers knowing that normal pivot tables in Excel usually choke after about 30,000 rows of data or so. In addition, there are numerous other features in PowerPivot that will enrich the analysis of your data. For example, a powerpivot can read data from different ranges which is something a normal pivot table cannot accomplish.

A professional case study will examine the interactions within a powerpivot example that will be a guide of something that can be implemented upon the completion of the course. The course is very hands on and practical in nature. That is what the trainer has been renowned for in different countries around the world. Please bring your laptop with Excel 2010 or higher. PowerPivot don’t work on Excel 2007.

Key Takeaways

  1. Master advanced Excel tips in building dynamic financial models
  2. Apply the various forecasting and smoothing techniques
  3. Create dynamic and professional budgets in Excel and use the consolidate command
  4. Start using the Monte Carlo Simulation in Excel
  5. Change your data handling to the extremely powerful Pivot Tables

Who Should Attend?

  • Budgeting and planning personnel
  • Capital and resource planning
  • Finance managers
  • Senior and mid-level management
  • Department managers
  • Strategists
  • Data analysts
  • Risk controllers
  • Board members
  • Compliance officers
  • Financial modelers
Baku Jun 11 - 14 Jun, 2018
USD 3,090.00
(Convert Currency)

+971 4 447 5711

Discounts available
Related Courses
Certified Real Estate Financial Modeller Certified Real Estate Financial Modeller
On going

5 days, 16 - 20 Dec, 2018 

2018-12-16 12:12:00
United Arab Emirates

LEORON Professional Development Institute

The recent turmoil in world financial markets, which has been closely tied to events in the real estate market, suggests that investors, lenders, and others who participate in the real ...

Sales Management Certified Program Sales Management Certified Program

3 days, 23 - 25 Dec, 2018 

2018-12-23 12:12:00
United Arab Emirates

LEORON Professional Development Institute

Quota® COACH™ is an essential Sales Management program that can be stand-alone or a powerful follow-up to the Quota® experience. Studies have consistently identified that even the best ...

International Certificate in Advanced Leadership Skills Course International Certificate in Advanced Leadership Skills Course

4 days, 24 - 27 Dec, 2018 

2018-12-24 12:12:00

LEORON Professional Development Institute

Leadership is not something people are born with; leadership can be learned. All around the world businesses are realizing the power of great leadership. They realize the value it brings to the ...

Certified Operational Risk Professional Course Certified Operational Risk Professional Course
On going

5 days, 16 - 20 Dec, 2018 

2018-12-16 12:12:00
United Arab Emirates

LEORON Professional Development Institute

Much is written about the theory of managing and measuring Operational Risk. This course focuses on the practical aspects of delivering robust, sustainable and value-adding Operational Risk ...