Overview Take control of business numbers with the Budget & Forecast course from Thames College. Financial and related professional services …
| Unit-1. Introduction | |||
| Lecture-1 – Why Budget and Forecasts | 00:11:00 | ||
| Lecture-2- Is budget planning a paper exercise | 00:05:00 | ||
| Lecture-3- Operational and Financial Budget | 00:07:00 | ||
| Unit-2. Detail Budget Requirement | |||
| Lecture-4 – Components – Revenue Budgets | 00:05:00 | ||
| Lecture-5 – Components – Cost Budget | 00:11:00 | ||
| Lecture-6 – Qualitative Aspects | 00:05:00 | ||
| Unit-3. Process of Making Budget | |||
| Lecture-7- Process of Budgeting – Logical Steps | 00:09:00 | ||
| Lecture-8 – Revenue Budget – What Information we need to make revenue budgets | 00:08:00 | ||
| Lecture-9- Example we used in Class to demonstrate a broad process in budget and planning | 00:17:00 | ||
| Lecture-10 – Cost Budget Process – Link from revenue and operational plan | 00:05:00 | ||
| Lecture-11-Cost Budget Process – Other aspects | 00:10:00 | ||
| Assignment | |||
| Assignment – Budget & Forecast | 2 days, 10 hours | ||
A Budget & Forecast course teaches the basics of business budgeting, financial forecasting and cost planning. It helps learners see how organisations estimate income, manage expenses and prepare for future financial decisions with more clarity.
Yes, budgeting and forecasting is suitable for beginners who want to learn finance in a simple way. The course starts with basic ideas, including why budgets matter, how forecasts work and how planning supports business decisions.
You will learn why budgets and forecasts are used, how operational and financial budgets differ, what revenue and cost budgets include, and how logical budgeting steps support planning, control and better financial organisation.
Budgeting helps a business control spending, allocate resources and set financial targets. Forecasting helps estimate future income, costs and risks, allowing teams to plan ahead and make more informed decisions.
A budget is a financial plan that sets expected income and spending for a set period. A forecast updates future expectations based on changing business results, market conditions, costs and operational activity.