Market Forecasting Training Course

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Client Testimonials

Market Forecasting

Real-world, practical application of statistical modeling; keeping theory at bay and business needs in the forefront.

Thanks Bernard and Iza. It was a very good course and I appreciate your work.

Shelly Kunkle - Michelin, North America

Market Forecasting

What did you like the most about the training?:

Trainer's subject knowledge was such that complex subjects seemed easy, and he genuinely inspired me with enthusiasm for the topic. My session worked out as 1:1, and it was a real privilege to get the benefit of such a high calibre of trainer in the context of personal tuition.

Harry Frost - Babcock International

Market Forecasting

What did you like the most about the training?:

Trainer's subject knowledge was such that complex subjects seemed easy, and he genuinely inspired me with enthusiasm for the topic. My session worked out as 1:1, and it was a real privilege to get the benefit of such a high calibre of trainer in the context of personal tuition.

Harry Frost - Babcock International

Course Language

This course is delivered in English.

Course Code

mrkfct

Duration Duration

14 hours (usually 2 days including breaks)

Requirements Requirements

Good Excel or other Spreadsheet knowledge

Solid Maths and Statistics knowledge

Overview Overview

Audience

This course has been created for analysts, forecasters wanting to introduce or improve forecasting which can be related to sale forecasting, economic forecasting, technology forecasting, supply chain management and demand or supply forecasting.

Description

This course guides delegates through series of methodologies, frameworks and algorithms which are useful when choosing how to predict the future based on historical data.

It uses standard tools like Microsoft Excel or some Open Source programs (notably R project).

The principles covered in this course can be implemented by any software (e.g. SAS, SPSS, Statistica, MINITAB ...)

Course Outline Course Outline

Problems facing forecasters

  • Customer demand planning
  • Investor uncertainty
  • Economic planning
  • Seasonal changes in demand/utilization
  • Roles of risk and uncertainty

Time series methods

  • Moving average
  • Exponential smoothing
  • Extrapolation
  • Linear prediction
  • Trend estimation
  • Growth curve

Econometric methods (casual methods)

  • Regression analysis using linear regression or non-linear regression
  • Autoregressive moving average (ARMA)
  • Autoregressive integrated moving average (ARIMA)
  • Econometrics

Judgemental methods

  • Surveys
  • Delphi method
  • Scenario building
  • Technology forecasting
  • Forecast by analogy

Simulation and other methods

  • Simulation
  • Prediction market
  • Probabilistic forecasting and Ensemble forecasting
  • Reference class forecasting

Guaranteed to run even with a single delegate!
Public Classroom Public Classroom
Participants from multiple organisations. Topics usually cannot be customised
From $5360
(26)
Private Classroom Private Classroom
Participants are from one organisation only. No external participants are allowed. Usually customised to a specific group, course topics are agreed between the client and the trainer.
From $5360
Request quote
Private Remote Private Remote
The instructor and the participants are in two different physical locations and communicate via the Internet
From $3580
Request quote

The more delegates, the greater the savings per delegate. Table reflects price per delegate and is used for illustration purposes only, actual prices may differ.

Number of Delegates Public Classroom Private Classroom Private Remote
1 $5360 $5360 $3580
2 $3005 $2955 $2065
3 $2220 $2153 $1560
4 $1828 $1753 $1308
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Related Categories


Course Discounts

Course Venue Course Date Course Price [Remote/Classroom]
Excel VBA Introduction FL, Aventura - Corporate Center Tue, Sep 13 2016, 9:30 am $1780 / $3460
ORACLE PL/SQL Fundamentals CA, San Diego - Stonecrest IV Mon, Sep 26 2016, 9:30 am $4950 / $7190

Upcoming Courses

VenueCourse DateCourse Price [Remote/Classroom]
VT, BurlingtonMon, Sep 12 2016, 9:30 am$3580 / $5830
MT, Bozeman - Downtown BozemanTue, Oct 4 2016, 9:30 am$3580 / $6030
New York (NYC) - Midtown Manhattan - Park Avenue & E48-49th (Grand Central)Tue, Oct 4 2016, 9:30 am$3580 / $6380
ND, Fargo - Brandt Office ParkWed, Oct 5 2016, 9:30 am$3580 / $5770
CheyenneWed, Oct 5 2016, 9:30 am$3580 / $5870

Some of our clients