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Best Business Analysis training course in Lagos
- October 29, 2023
- Posted by: Admin@Remoik
- Category: Training programmes
Business analysis training course in Lagos is quite important In the globally competitive world of the 21st century business decision-makers face unprecedented levels of risk and uncertainty – to survive and flourish in this challenging environment organizations need the right tools with which to analyze problems and anticipate and manage the many opportunities and threats that may emerge.
Traditional forms of financial analysis and forecasting no longer meet these needs and the most progressive firms are using the power of financial models to help them analyze the challenge and take a more powerful approach to managing risk in their planning and forecasting.
This leading-edge Business Analysis, Modelling & Forecasting training seminar will focus on the business analysis and modelling skills that the modern professional need to manage the risks and uncertainties in today’s challenging world, providing high-quality business support to the organization’s key decision-makers.
Business Analysis Training course will highlight:
- The challenge of risk and uncertainty in modern business
- Principles of business planning and performance management
- How financial models can be used to improve business decision-making
- Practical skills in designing financial models using Excel
- The design of financial models for forecasting and decision-making
Objectives
This hands-on business Analysis, Modelling & Forecasting training seminar has been designed to provide delegates with real practical skills to design and build financial models that will have highly relevant applications in their own organizations to assist in financial analysis, forecasting and business decision-making. This training seminar takes delegates through the key steps in Excel and makes best use of the built-in functions featured in this popular spreadsheet application.
At the end of this training seminar you will learn to:
- Plan the design and functionality of financial models in Excel
- Use powerful functions built in to Excel for statistical and financial analysis
- Apply financial analysis techniques to improve investment decision-making
- Design and build financial models for forecasting sales, costs and profit
- Implement up to date techniques for managing risk and uncertainty
- Use financial models to assist in business decision-making
Business Analysis Training Methodology
This is a highly participative workshop style seminar focused on developing practical skills that delegates can apply in real life business situations on return to their own organization. Each module includes a thorough review of the relevant theory before focusing on life-like business case studies with which delegates can practice the design and construction of financial models, analysis tools and forecast applications in Excel, using laptops provided for this training seminar.
Organizational Impact
The organization will benefit from the practical implementation of up to date techniques in business analysis, forecasting and financial modelling that can be applied to improve the quality and relevance of business decision-making in the context of modern levels of risk and uncertainty – specifically:
- An integrated approach to managing business risk and uncertainty
- The use of financial analysis tools improve business information and insights
- Application of financial model tools to add sensitivity analysis to decision-making
- Improved forecasting tools and performance management systems
- Better quality information as the basis for capital investment decisions
Personal Impact
Delegates will benefit from this hands-on workshop that has been designed to provide them with the essential theory of financial analysis, forecasting and financial decision-making whilst focusing heavily on building the practical skills to develop their own financial models in Excel. This training seminar on business Analysis, Modelling & Forecasting will greatly enhance their contribution to organisational performance and improve their career prospects by:
- Developing an awareness of the nature and management of risk and uncertainty
- Greater involvement in management planning and decision-making
- Improved knowledge of Excel and its most powerful financial functions
- Using powerful Excel financial modelling skills for forecasting and decision-making
- Applying up to date methods to planning and forecasting
- Understanding and applying investment decision-making techniques
Who Should Attend?
This training seminar is designed to provide useful insights and practical skills to professionals from a wide range of disciplines and industry sectors, but particularly those involved in planning, forecasting and investment decision-making in an age of risk and uncertainty.
This Business Analysis training seminar is suitable to a wide range of professionals but will greatly benefit:
- Finance Professionals
- Budgeting and Planning Managers
- Commercial Managers
- Divisional Managers
- Purchasing and Supply Chain Managers
- Project Managers
Business Analysis Seminar Outline
Tools to Meet the Challenges of the 21st Century
- The Nature and Challenge of Competitive Business
- Managing Risk and Uncertainty
- Business Planning and Performance Management
- Measuring the Key Drivers of Business Success
- Financial Models – What they are and how to use them most effectively
- Best Practice in Building Financial Models
- How to Get the Best Results using Excel
Building Models for Financial Statement and Ratio Analysis
- The Financial Analysis Tool kit
- Building a company Financial Database in Excel
- Excel Charting Basics
- Analyzing the Cost-Volume-Profit relationship
- Understanding the Drivers of Shareholder Value
- Modelling and Interpreting Financial Rations
- Using the Model to Improve Business Performance
Building Forecasting Models
- Understanding the Drivers of Profit and Cash Flow
- Designing and Building a Cash Flow Forecast Model
- Using Excel’s Built-in Data Analysis Tools
- Analyzing Trends in Past Data – moving averages and regression tools
- Designing and Building a Sales Forecast Model
- Designing and Building a Cost Forecast Model
- Avoiding Common Problems in Forecasting
Building Models for Capital Investment Decisions
- Principles of Capital Investment Decision-making
- Building a Model to Calculate Company Cost of Capital
- The Time Value of Money and Principles of Discounted Cash Flow (DCF)
- Understanding and Using Excel’s Built-in DCF Functions
- Designing and Building a Capital Investment Appraisal Model
- Principles of Business Valuation
- Designing and Building a Business Valuation Model
Building Models for Managing Risk and Uncertainty
- The Impact of Risk on Financial Performance
- Identifying the Key Drivers of Financial Performance and Strength
- “What if” Forecasts and How They Work
- Designing and Building a Financial Statement Forecasting Model
- How to Use Excel Goal Seek Tool
- Using Excel’s Scenario Manager Tool
- Building Rolling Forecast Models in Excel
International Certificates from American Certification Institute, Delaware U.S.A (Including REMOIK Training and Consulting, West Africa) will be awarded each participant
Business Analysis Course format:
Practical: This course is heavy on reality and light on theory. Our trainers will introduce the concepts clearly, and then focus on real-world skills that connect the big picture to your job. Courses are updated regularly and trainers are active in the industry so employee’s knowledge will be fresh and relevant.
Active: Training consists of concise briefings on best practice, backed up by interactive learning activities like workshops, role-plays, case study analysis, coaching, brainstorms and structured group discussions. Participants will not sit passively through long lectures.
Stimulating: This course is interesting, intellectually stimulating and delivered in a relaxed and professional style.
Inspiring: All REMOIK Pinnacle trainers are hands-on communication professionals with years of experience. We don’t employ academic teachers – we insist on good-humoured enthusiasts who will inspire your creativity.
BUSINESS ANALYSIS TRAINING METHODOLOGY:
· Lectures
· Discussions
· Individual and group exercises
· Case studies
· Activities
· Post- Course Assessments
· Pre-Course Assessments
· Games and educational competitions
· Professional videos & Audio presentations