Budgeting, Forecasting & Control Training Course in Saudi Arabia

The Budgeting, Forecasting & Control Training Course in Saudi Arabia, is perfect for senior-level management professionals and accountants. Elevate your organizational planning skills through this comprehensive program. This course helps participants to gain valuable insights into designing capital budgeting viability models. Participants learn forecasting budgeting methods and create dynamic budget models.

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  • 24 Hours Training
  • Online / Classroom / Onsite
  • 27 Jul, 2024 / 27 Jul, 2024
  • Additional Program Dates
  • 100K+ Happy Students

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What is The Budgeting, Forecasting & Control Training Course in Saudi Arabia All About?

The Budget and Forecasting Training Course in Saudi Arabia is perfect for professionals aiming to increase their understanding of budgeting and forecasting. The course covers the entire budgeting process with a blend of offline and online sessions. Participants gain knowledge on incorporating global standards into a company's planning, budgeting, and reporting systems. The training includes practical experiences like real-life case studies and examples.

Why is The Budgeting, Forecasting & Control Training Course in Saudi Arabia Important?

The Budgeting, Forecasting & Control Training Course in Saudi Arabia is crucial for professionals looking to master forecasting and budgeting techniques. Participants gain skills in budget management and monitoring costs along with organizational goals. Upon completion, candidates enjoy a competitive advantage. This helps them earn lucrative salaries across various sectors.

How Does a Budgeting, Forecasting & Control Training Course in Saudi Arabia Help You Get Hired by Companies?

Professionals who complete the Budgeting, Forecasting & Control Training Course in Saudi Arabia are in high demand among companies. These trained individuals excel at predicting market demand for products. They contribute valuable solutions for organizational growth and success. Hence playing an important role in financial management within companies.

Industry Trends

Forecasting and budgeting are essential to organisational decision-making. Both forecasting and budgeting have experienced major changes. Modern industry developments like globalisation, automation, and digitization initiate this change. The need for experts with budgeting expertise is rising as a result of this change. For those who want to succeed in this changing industry, the Budgeting, Forecasting & Control Training Course in Saudi Arabia is crucial since it provides the necessary understanding of these changes.

Market trends

The Budgeting and Forecasting market is expected to witness significant growth from 2021 to 2026. According to a report from the Modern Finance Forum, 38% of organizations reported increased revenue following the implementation of budgeting, forecasting, and control processes. This data points towards a promising career opportunity for professionals in this field.

Salary Trends

Between 2020 to 2030, there is an upward rise of 5% growth in employment opportunities. This data is based on the information provided by the Bureau of Labour Statistics. Companies are willing to pay more to specialists who possess certification in budgeting, forecasting, and control. After completion of the Budgeting, Forecasting & Control Training Course in Saudi Arabia, individuals can earn approximately SAR 223,253 yearly.

Demand & Opportunities

Over 139,314 companies worldwide actively seek professionals with certifications from the Budget and Forecasting training program. Trained individuals find it easier to access these employment opportunities. Enrolling in the Budgeting, Forecasting & Control Training Course in Saudi Arabia provides global opportunities for aspiring professionals.

Some of the notable job opportunities are as follows:

  1. Financial Analyst
  2. Budget Manager
  3. Financial Controller
  4. Business Consultant
  5. Risk Analyst

Course Outcome

Successful completion of the Budgeting, Forecasting & Control Training Course in Saudi Arabia can help you to:

  • Understand the best practices and principles of financial management.
  • Learn the significance of budgeting within a strategic framework.
  • Gain a solid budgeting process within an organization.
  • Learn to forecast future performance through analysis of revenue and cost drivers.
  • Understand effective variance reporting to monitor organizational performance.

Course Module

  • The Budgeting Process
  • Budgeting in a Business
  • The Role of Budget in Corporate Governance
  • Sources of Information
  • Planning and Building the Budget
  • Where to start?
  • Key Accounting Concepts
  • Forecasting Revenue
  • Types of Costs
  • Overview of the Budgeting Process and Model Considerations
  • Types of Budget Models
  • Short-term & Long-term Models
  • Upstream vs. Downstream Models
  • Model Design & Planning
  • Best practice Design guidelines
  • Budgeting vs. Forecasting
  • Planning the Model
  • Bottom-up Budget Models
  • Model Development Framework
  • Zero-based Budgeting & Cost Drivers
  • Rolling (dynamic) Budgets
  • Building Flexibility into Time Series Analysis
  • Capital Budgeting
  • Cash Budgeting
  • Determination of Model and Forecast Scope and Time Horizons
  • Control
  • Using Cost Information for Management Control
  • Optimise Planning of Resources to achieve Budgeted Targets
  • Measure and Evaluate Performance against Forecasts
  • Recent Developments in the Budgeting and Planning Process (balanced scorecard, value chain analysis, and others)

Program Dates

27 Jul
  • 11:00 AM
  • Sat
  • Online Live
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Expert Instructors & Teaching Methods

Dr Srinivas is a leading industry professional in the field of finance and accounting. He is an established corporate trainer with demonstrated experience in his field. He is the holder of some of the world’s most valued professional credentials such as CMA, CPA, PMP, CCA, CFE, etc. He has an extensive educational background as well in finance which establishes his mettle in designing, developing and delivering excellent training programs. His training records mark exceptional results in guiding and teaching professionals of all experience levels and from diversified backgrounds. He integrates his excellent presentation skills with the knowledge of educational theories and methodologies to provide onsite and virtual training that is of unparalleled quality. His high community services contribution also ascertains his commitment to training potential aspirants to become tomorrow’s professionals.

Education

  • ⦾ Ph.D. in Management, 2018 (Provisional yet to be received) OPJS University, India
  • ⦾ M.Sc. in Applied Psychology 2016, Bhartiyar University, India
  • ⦾ MBA in Finance 2012, Nagarjuna University, India
  • ⦾ LLB 1998, Osmania University, India
  • ⦾ M.Com 1994, Osmania University, India
  • ⦾ B. Com 1990, Osmania University, India

 

Professional Qualifications

 

  • ⦾ Certified Public Accountant, (CPA), The American Institute of Certified Public Accountants, U.S.A
  • ⦾ Certified Management Accountant, (CMA), The Institute of Management Accountants, USA
  • ⦾ Certified Fraud Examiner, (CFE), Association of Fraud Examiners, USA
  • ⦾ Certified Cost Accountant (ICWA-Inter), The Institute of Cost and Works Accountants of India, India
  • ⦾ Project Management Professional (PMP), Project Management Institute

Dr. Srinivas, PhD, MSc, MBA, LLB, CMA, CPA, PMP

Why Count on Learners Point?

Being the leading providers of Budgeting, Forecasting & Control Training Course in Saudi Arabia, at Learners Point we help professionals master the necessary skill sets and experience to attain the Budgeting, Forecasting & Control Training Course in Saudi Arabia.

Following are the USPs our Budgeting, Forecasting & Control Training Course in Saudi Arabia offers you:

  • We look at real-world scenarios organisations face and formulate our Budget and Forecasting training as per practical requirements
  • We also focus on practical case studies to give you a realistic perspective on what you will be asked to do while in a demanding job
  • Our bespoke Budgeting, Forecasting & Control Training Course in Saudi Arabia also equips you with hands-on experience by offering assignments related to the actual work environment
  • Apart from organising group sessions, we also offer one-to-one sessions to enhance the quality of our Budgeting and Forecasting training program
  • We also take a discrete approach to career guidance so that one can be successfully placed as a professional

Learners Experience

"The course exceeded my expectations. The hands-on assignments provided a real-world perspective, and the career guidance was instrumental. I secured a rewarding role in financial analysis immediately after completing the training. Grateful for the opportunity!"

Shahidi Bilal

Risk Analyst

"Coming from a non-financial background, the course demystified budgeting for me. The engaging sessions, especially the real-life case studies, made complex concepts accessible. I now contribute confidently to financial discussions in my workplace."

Yousuf Reza

Business Consultant

"The Budgeting, Forecasting & Control Training Course was a perfect blend of theory and practical insights. The one-to-one sessions were invaluable, offering a deeper understanding. I feel well-prepared for the challenges in my role."

Qaidi Jana

Financial Controller

"Enrolling in the course was an excellent investment. The comprehensive modules and personalized guidance equipped me with in-depth knowledge. I now navigate the complexities of budgeting and forecasting with ease. Thank you, Learners Point!"  

Celia Shah

Budget Manager

"The Budgeting, Forecasting & Control Training Course transformed my approach to financial planning. Practical case studies and real-world scenarios provided a hands-on experience, giving me confidence in implementing strategies. Highly recommend!" 

Rizam Sheikh

Financial Analyst

Our Graduates

Our graduates are from big companies, small, companies, they are founders, career changers and life long learners. Join us and meet your tribe!

FAQs on Budgeting, Forecasting & Control Training Course in Saudi Arabia

The approximate course fee for the Budgeting, Forecasting & Control Training Course in Saudi Arabia is SAR 1838.

The job role of professionals after completing the Budgeting, Forecasting & Control Training Course in Saudi Arabia is as follows:


1)Plan budgets
2)Monitor processes
3)Gain insights for cost savings
4)Optimize financial strategies

Learners Point offers 3 types of classes for the Budget and Forecasting Training Course in Saudi Arabia. Students can choose between instructor-led classroom-based group coaching, one-on-one training sessions, or high-quality live and interactive online sessions. The training sessions are interactive and intensive hands-on programs.

The approximate salary of a fresher after completing the Budgeting, Forecasting & Control Training Course in Saudi Arabia is SAR 8800.

The Budget and Forecasting Training Course in Saudi Arabia is delivered in two languages - Arabic and English.

At Learners Point, if a participant doesn’t wish to proceed with the Budget and Forecasting Training Course in Saudi Arabia after registration due to any reason, he or she is eligible for a 100% refund. However, the refund will be issued only if we are notified in writing within 2 days from the date of registration. The refund will be processed within 4 weeks from the day of exit.

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