Forecasting is the process of predicting future financial performance based on historical data, market trends, and economic indicators. This cluster teaches learners how to develop accurate financial forecasts that inform budgeting, strategic planning, and decision-making. By mastering forecasting techniques, professionals can improve their ability to anticipate financial outcomes, allocate resources effectively, and manage risks.

This cluster is ideal for financial analysts, business planners, and decision-makers in any industry. Practical outcomes include better financial planning, improved resource allocation, and enhanced ability to respond to market changes.

Learners will explore techniques such as time series analysis, regression analysis, and scenario forecasting. Tools like forecasting software, statistical analysis tools, and financial modeling platforms will be covered to help learners implement and manage forecasting processes effectively.