Budgeting and Forecasting

Learn about inno­v­a­tive ways to bud­get­ing and under­stand­ing fore­cast­ing tech­niques. Explore how the indi­vid­ual com­po­nents of a bud­get cycle are con­nect­ed and how your man­age­ment deci­sions affect sched­ules of the bud­get cycle. This sem­i­nar will also intro­duce vari­ance analy­sis con­cepts and tech­niques used to com­pare actu­al results with budget/​forecasted results. Oppor­tu­ni­ties to apply the con­cepts learned, through a brief exer­cise and/​or sim­u­la­tions may be included.
What you will learn

  • Budgeting and the functions of management
  • Mechanics of budgeting for a manufacturing merchandiser and service provider
  • Individual schedules of a master budget
  • Simulation game
  • Non-traditional budgeting
  • Variance analysis
This course has no prerequisites

Students from all educational backgrounds welcome. You can register for this course without applying and enrolling in a program.

You can register for and take a course without applying and enrolling into the program.

When will
this course be offered?

New course schedules are released each June and November.

Course not yet scheduled

This course is not currently scheduled, but may be offered in an upcoming term.

New course schedules are announced each June and November.

Sign up for updates

Interested in future offerings of this course? We can let you know when this course becomes available.