Professional Certificate in Forecasting for International Business
-- ViewingNowThe Professional Certificate in Forecasting for International Business is a crucial course designed to equip learners with the essential skills needed to thrive in the global economy. This program focuses on teaching advanced forecasting techniques that are vital for making informed business decisions in international markets.
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โข Fundamentals of Forecasting: Introduction to forecasting methods, types of forecasting, and its importance in international business.
โข Time Series Analysis: Explanation and application of time series analysis in forecasting, including decomposing trends, seasonality, and residuals.
โข Statistical Forecasting Methods: Study of quantitative forecasting methods, such as moving averages, exponential smoothing, and regression analysis.
โข Qualitative Forecasting Techniques: Overview of qualitative forecasting methods, such as historical analogy, executive opinion, and the Delphi method.
โข Forecasting Software and Tools: Hands-on experience with forecasting software and tools, including Excel, R, and Python.
โข Judgmental Adjustments: Techniques for adjusting statistical forecasts based on expert judgment and intuition.
โข Monitoring and Evaluating Forecasting Performance: Methods for monitoring and evaluating the accuracy of forecasts, including metrics such as mean absolute percentage error (MAPE).
โข Forecasting in a Global Environment: Consideration of unique challenges and opportunities for forecasting in international business, including cultural, economic, and political differences.
โข Case Studies in International Business Forecasting: Analysis of real-world examples of successful and unsuccessful forecasting in international business.
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