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Course Overview
Embark on a transformative learning journey with the UK’s most innovative home study provider, offering courses designed to unlock your true potential and facilitate the career change you desire. Access our distance learning courses directly from anywhere, anytime, and acquire industry-recognised Professional Qualifications essential for advancing in your career.
Specifically, explore the flexible and convenient Making Budget & Forecast course, an ideal way to gain a diploma qualification. Whether you aim for further education, improved job prospects, or expanded knowledge, this comprehensive course allows you to prepare thoroughly for exams or careers through home study. Plus, it’s structured to be accessible and beneficial even if you have no prior knowledge in Making Budgets & Forecasts.
For startup founders, business owners, and executives, cultivating a fundamental understanding of finance and accounting is not just a beneficial skill but a prerequisite for informed decision-making and sustainable growth. The ability to decipher financial statements, analyse results, and comprehend the repercussions of business decisions is paramount in the competitive landscape. Recognising this need, the course serves as a tailored solution, acknowledging that many startup founders may not possess a formal background in accounting and finance.
This course stands out as a valuable resource by being recorded during live sessions with startup founders who share a common trait – the absence of a formal accounting and finance background. The course contents, pace, and explanations are meticulously crafted to cater specifically to individuals in this demographic, ensuring that the complexities of finance are made accessible and comprehensible. The emphasis is not only on imparting knowledge but on creating an inclusive learning environment, where startup founders can navigate the intricacies of accounting with confidence.
As the third instalment in a comprehensive five-day series, this class focuses on an integral aspect of financial literacy – budgeting and forecasting. Delving into why budgeting, forecasting, and planning are indispensable for businesses, the course addresses common misconceptions, emphasising that these exercises go beyond mere paperwork. The intricacies of budget components are explored, empowering participants to understand and leverage budgeting and forecasting as strategic tools for business success.
Course Key Topics
the Making Budget & Forecast course is divided into 3 modules.
1 . Introduction
- Why Budget and Forecasts?
- Is Budget planning a paper exercise?
- Operational and Financial Budget
2 . Detail Budget Requirement
- Components – Revenue Budgets
- Components – Cost Budget
- Qualitative Aspects
3 . Process of Making Budget
- Process of Budgeting – Logical Steps
- Revenue Budget – What Information we need to make revenue budgets
- Example we used in Class to demonstrate a broad process in budget and planning
- Cost Budget Process – Link from revenue and operational plan
- Cost Budget Process – Other aspects
(Please click on the curriculum tab above to see a detailed view of each module)
Tutor Support
Our Making Budget & Forecast course is designed to provide you with comprehensive materials to guide you through your learning journey. You’ll have the support of your own personal tutor, who will be there to assist you with your coursework and answer any questions you may have. Furthermore, our Student Advisors are always available to provide you with practical advice and guidance via the online portal, email or phone, ensuring that you’re fully supported throughout your studies.
Course Assessments
The Making Budget & Forecast course at Open Learning College is designed to provide a comprehensive and flexible learning experience. Unlike traditional exam-based courses, our course is marked through a process of continuous assessment, which is guided by your personal tutor and is an un-regulated course awarded by the Open Learning College via the Open Pathway Accreditation programme (OPA.dip).
This means that you won’t have to worry about memorising information for a final exam. Instead, you will have the opportunity to learn at your own pace and apply your knowledge through practical assignments and quizzes at the end of each module. Our online platform allows you to access the course from anywhere and at any time.
Once your assignments have been verified and assessed, you will be awarded a certificate of achievement from Open Learning College. This certificate confirms that you have met all of the learning outcomes and assessment criteria for the Making Budget & Forecast course, and demonstrates your competency and knowledge in this field. With this qualification, you can advance your career or pursue further studies in the field of Making Budget.
Course Duration
We recommend you spend approximately 1 hour of your time studying for Making Budget & Forecast course. The pace of study is completely up to you.
Get started today, and you can earn your Open Pathway Accreditation Diploma (OPA.dip) in Making Budget & Forecast.
Course Entry Requirements
At Open Learning College, we firmly believe that education should be accessible to everyone, regardless of their background or previous education experience. That’s why we’ve designed our Making Budget & Forecast course to be open to anyone who is interested in learning more about this fascinating subject, without any prior knowledge or experience required.
We want to give everyone the opportunity to expand their knowledge and take part in a highly rewarding online course, which is why we keep our entry requirements to a minimum. This means that you can start the course at any time and study at your own pace for up to 12 months from the date of initial registration, with the full support of a personal tutor.
Course Enrolment Fees
We want to make sure that you get the best value for your money, which is why we have included the registration fee, certification fee, and full tutor support in the course price. Enrolling in the Making Budget & Forecast course would usually cost £123.75, but for a limited time, you can get a 20% discount and pay only £99 if you enrol online and pay in full.
Note: Instalment plans are not available to our international students.
Course Qualifications
This course is certified by the Open Learning College via the Open Pathway Accreditation Programme.
You will receive the Open Pathway Accreditation Diploma (OPA.dip) from Open Learning College.
What’s Included
Your course fee covers everything you will need to successfully complete the Making Budget & Forecast online study course and earn your qualification:
A full range of student services, including:
- All textbooks, study folders, and/or online learning aids designed for online learning
- Life-time access to the online student portal Xperience™ (Student Chat, Forums and Online Support Resources)
- Comprehensive Study Guide & Study Plan
- PDF certificate to show employers (employer has access to certificate validation)
- Life-time access to Career Hub our dedicated portal to support our students career aspirations.
- Invitation to job fairs and career days for your business faculty.
- A diploma from the Open Learning College from our Open Pathway Accreditation programme (OPA.dip).
- One year’s educational support by a specialist tutor in your chosen course field.
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Course Content
Making Budget & Forecast – FREE Course Starter Pack
Module 1 – Introduction
Module 2 – Detail Budget Requirement
Module 3 – Process of Making Budget
Course Resources
Final Exam
College Announcements
🔍 Master Budgeting & Forecasting with £50 OFF the Course! 📊💰
Ready to dive into the world of financial planning and budgeting?
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Use code BUDGET50 at checkout before the month concludes!
🌟 Why Opt for Our Budgeting & Forecasting Course
Presented by Open Learning College, this course is your pathway to mastering the art of financial planning. Explore comprehensive modules covering crucial topics—from budget creation to forecasting techniques. Gain practical skills to make informed financial decisions and contribute to business success.
💡 What Sets Our Course Apart
Expert Guidance: Benefit from experienced tutors providing support throughout your financial learning journey.
Real-World Skills: Acquire practical knowledge crucial for success in budgeting and forecasting.
Flexible Learning: Tailor your studies to your schedule with 24/7 access to course materials.
Don't miss this chance to unlock the secrets of budgeting and forecasting at a discounted rate! Enrol now, use code BUDGET50* at checkout, and embark on your journey towards mastering financial planning. 💰📈🎓
*This discount code cannot be used in conjunction with any other offer.
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