Budgeting, Forecasting & Control Training Course in Oman

Flourish in organisational planning and budgeting with our Budgeting, Forecasting, and Control Training Course in Oman. Our training is designed for senior management and accountants. The training assists professionals in improving controls and performance by comparing the actual to the expected. This course also introduces learners to the process of developing capital budgeting viability models. Candidates master forecasting and budgeting strategies as well as how to 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 Oman All About?

The Budget and Forecasting Training Course in Oman is suitable for professionals who want to increase their budgeting and forecasting expertise. Through both offline and online classes, it creates a thorough understanding of the complete budgeting process. Candidates learn how to incorporate world-class standards into an organisation's planning, budgeting, performance measuring, and reporting processes.

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

The Budgeting, Forecasting & Control Training Course in Oman is important for gaining expertise in forecasting, budgeting and planning techniques. Professionals learn how to manage budgets and costs based on organisational goals. After completing the course, learners will have a competitive advantage and will be able to quickly find profitable careers in a variety of industries.

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

Companies demand professionals who finished their Budgeting, Forecasting & Control Training Course in Oman. In extremely competitive markets, a qualified professional can forecast market demand for their products and prosper. They also offer solutions for organisational development and success. These experts are an essential resource to businesses and they are highly paid.

Industry Trends

Budgeting and forecasting skills benefit businesses in making decisions. Digitalisation, automation, and globalisation are modern business trends that have truly revolutionised the budgeting and forecasting profession. This leads to the growing job market demand for budgeting professionals.

Market trends

The Budgeting and Forecasting market is expected to grow rapidly between 2021 and 2026. According to the Modern Finance Forum research, 38% of organisations experienced increased income after introducing budgeting, forecasting, and control methods. This points to a bright future for specialists in the connected industry.

Salary Trends

The U.S. Bureau of Labor Statistics stated that the recruitment of budget analysts is expected to grow by 5% between 2020 to 2030. Companies are paying higher salaries to qualified and certified experts as the demand for employment grows. A Financial Controller in Oman earns an average salary of around 2,030 OMR per month.

Demand & Opportunities

More than 139,314 companies globally are hiring professionals certified with the Budget and Forecasting training program. On the other hand, it is easier for trained professionals to easily avail such opportunities.

The major job roles for which a Certified Budgeting, Forecasting and Control Professional can apply are as follows:

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

Course Outcome

Successful completion of the Budgeting and Forecasting course can help you to:

  • Understand the best financial management practices and principles
  • Explain the importance of budgeting within a strategic framework
  • Build a robust budgeting process within an organisation
  • Forecast future performance by analysing revenue and cost drivers
  • Use effective variance reporting to track organisational 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 and Control Training Course in Oman, at Learners Point we help professionals master the necessary skill sets and experience to attain Budgeting and Forecasting certification.

Following are the USPs our Budget and Forecasting Training Course in Oman 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 Budget Management course 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 Budgeting, Forecasting, and Control Training Course in Oman shifted my career path. I was first hesitant about moving forward in finance and other industries. But now, thanks to this training, I'm more confident and satisfied with my profession. Thank you, Learners Point.”

Nafisa Al Sananieh

Financial Controller

“After finishing this training, I started working as a Budget Manager in a very good company. I must say that the training has helped me to be more efficient and skilled at work. Overall, this course is worth the money.”

Bushra Ghulam

Budget Manager

“The Budgeting, Forecasting & Control Training Course in Oman at Learners Point Academy is highly valuable to me. Starting from the trainer to the admin team, everyone is very helpful and kind. The online classes were engaging. ”

Akhil Al Kaabi

Treasury Manager

“Highly recommend this course to all finance aspirants. According to me, the academy offered the best study materials which covered all the latest techniques and studies. I also loved solving their case studies which boosted my confidence.”

Leyla Nambiar

Financial Analyst

“I truly enjoyed the training program of Budget and Forecasting Course. I appreciate my trainer who was extremely skilled and knowledgeable. The training helped me strengthen my knowledge in forecasting and budgeting.”

Adnan Harthy

Business Consultant

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 Oman

After completing the Budget and Forecasting Training Course in Oman, you can apply for the following job roles:


1)Financial Controller
2)Financial Analyst
3) Budget Manager
4) Business Consultant
5) Treasury Manager

6) Risk Analyst

The Budget and Forecasting Training Course in Oman 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 Oman after the registration due to any reason, he or she is liable 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.

In the Budgeting, Forecasting & Control Training Course in Oman, the skills you will gain are listed below:


1)Financial Forecasting
2)Strategic Financing Planning
3) Advance Excel Functions
4) Variance Analysis
5)Activity Based Budgeting
Learners Point offers 3 types of classes for Budget and Forecasting Training Course in Oman. Students can choose from one of the following:


1)One-on-one training sessions
2)Instructor-led classroom-based group coaching
3) High-quality live and interactive online sessions
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