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Budgeting and Forecasting Free Online Courses

Last Updated on May 26, 2024 by Team College Learners

Budgeting and forecasting is a critical part of any business. It can help you identify and manage key risks, as well as give you valuable information about the strengths and weaknesses of your company. These free online courses are designed to help you understand how to develop and implement an effective budgeting and forecasting system that will help you formulate future objectives, plan for growth and take advantage of opportunities.

Obtaining certification is essential for aspiring budget analysts looking to advance their careers and increase their job prospects. Among the best certifications for budget analysts are the Certified Public Accountant (CPA), Certified Management Accountant (CMA), and Project Management Professional (PMP). These certifications not only demonstrate a candidate’s expertise in financial management and analysis but also enhance their credibility and marketability in the field.

To be eligible for the Certified Public Accountant (CPA) exam, candidates must typically have a bachelor’s degree in accounting or a related field, along with a certain number of credit hours in accounting coursework. They also need to have completed a specified amount of work experience under the supervision of a licensed CPA. For the Certified Management Accountant (CMA) designation, candidates must have a bachelor’s degree in accounting or a related field, along with at least two years of relevant work experience. Lastly, individuals seeking the Project Management Professional (PMP) certification must fulfill specific education and experience requirements outlined by the Project Management Institute.

The admission process for the CPA, CMA, and PMP certifications typically involves submitting an application, providing transcripts, meeting the education and work experience requirements, and passing a series of examinations. Each certification program has its own application fees, exam fees, and testing schedules, so candidates should carefully review the admission requirements and process outlined by the respective certification bodies. With dedication and commitment, aspiring budget analysts can successfully navigate the admission process and earn the certifications that will propel their careers forward.

Budgeting and Forecasting free online Courses

When it comes to budgeting and forecasting, there are a lot of different ways to go about it. You can hire an expert to do it for you, but why not learn how to do it on your own? That way, when the expert comes in to give advice, they’ll be impressed by how much knowledge you have!

We begin with Budgeting And Forecasting Free Online Courses, then financial planning and budgeting courses, budgeting certification online, advanced budgeting and forecasting training courses and cfi budgeting and forecasting.

There are several online platforms offering a litany of options on budgeting and forecasting courses at your pace and below you will find a few that have been carefully selected to suit your need. All you need is an internet connection, a token, and of course, some time to spare.

1. Budgeting and Scheduling Projects (Coursera) 

University of California, Irvine, Coursera

A good project schedule helps all team members’ work together to meet project objectives. A project budget with realistic cost constraints is also an essential bedrock of any project. In this course you’ll learn to plan and stick to time and cost constraints in order to ensure the success of your projects.

2. Forecasting, Budgeting, Territories, Evaluation and Legal/Ethical Issues (Coursera)

West Virginia University, Coursera

In the fourth part of the Sales Operations/Management Specialization, students will explore the purpose and methods for forecasting and budgeting in a management role. Next, we will learn how to develop territories and evaluate sales performance. Finally, we will explore the legal and ethical issues facing sales managers.

3. Managerial Accounting: Tools for Facilitating and Guiding Business Decisions Coursera)

University of Illinois at Urbana-Champaign, Coursera

Learn how managerial accounting is used to facilitate and guide business decisions. Topics will include planning (e.g., budgets), variance analysis, and overall performance measurement.

4. Finance for Non-Finance Professionals (Coursera)

Rice University, Coursera

This short course surveys all the major topics covered in a full semester MBA level finance course, but with a more intuitive approach on a very high conceptual level. The goal here is give you a roadmap and framework for how financial professional make decisions. We will cover the basics of financial valuation, the time value of money, compounding returns, and discounting the future. You will understand discounted cash flow (DCF) valuation and how it compares to other methods. We also step inside the mind of a corporate financial manager and develop the basic tools of capital budgeting. We will survey the how, when, and where to spend money, make tradeoffs about investment, growth, dividends, and how to ensure sound fiscal discipline.

5. The Fundamentals of Revenue Management: The Cornerstone of Revenue Strategy (Coursera)

ESSEC Business School, Coursera

With a fixed capacity, a highly disposable product and high fixed costs, hotels are a natural candidate for the application of revenue management. Originally developed by the airlines in the 1970s, these analytics-based techniques help predict consumer behavior at the hotel’s market level so that the hotel can sell each room each night at the optimum price. With modern-day rising acquisition costs and distribution complexities, revenue management techniques have increasingly been adopted by both small and large hotel companies, making a comprehensive understanding of segmentation, forecasting and pricing an essential requirement for today’s hospitality professionals. The purpose of this course is to provide a core understanding of the fundamentals of revenue management, which ties into the larger picture of revenue strategy.

6. Introduction to Personal Financial Planning (edX)

Indiana University, EdX

Financial health and literacy are key elements of personal success and satisfaction. Begin the path today! The Introduction to Personal Financial Planning course is designed for individuals to build financial literacy, one of the most pressing needs Americans face today.

7. Business English: Finance and Economics (Coursera)

Arizona State University

Do you work in finance or interact with finance professionals? Is it necessary to speak, write or understand English in your career? Follow the authentic characters in this course as they work through common business situations in finance and economics. Learn from your successes and failure, and think critically about your own communication options.

8. Financial Planning for Young Adults (Coursera)

University of Illinois at Urbana-Champaign, Coursera

Financial Planning for Young Adults (FPYA), developed in partnership with the CFP Board, is designed to provide an introduction to basic financial planning concepts for young adults. The FPYA course is organized across eight separate modules within a 4-week window. Topics covered include financial goal setting, saving and investing, budgeting, financial risk, borrowing and credit.

9. Budgeting essentials and development (Coursera)

FIA Business School

The Budgeting Essentials and Development course focus on an integrative and practical view of concepts, methods, and techniques to develop a budget.

10. Foundations for Assisting in Home Care (Coursera)

State University of New York

This course is intended as a self-study course for those interested in exploring a career as a Home Health Aide or Personal Care Aide.

financial planning and budgeting courses

We begin with Budgeting And Forecasting Free Online Courses, then financial planning and budgeting courses, budgeting certification online, advanced budgeting and forecasting training courses and cfi budgeting and forecasting.

Find out how to manage your income and expenditure more effectively

This online courses explore how current economic conditions impact household finances, before showing you how to manage yours more effectively.

You will find out whether you have bad financial habits and how to address them; discover a simple four-stage model for making sound financial decisions; examine the two components of household budgeting – income and expenditure – and how to manage them; and look at a key area of household spending – insurance.

The Open University’s Centre for the Public Understanding of Finance created this course, with the generous support of True Potential LLP.

What topics will you cover?

  • Financial planning over the life course
  • Prioritising plans
  • Human behaviour and financial decisions
  • Applying a financial decision-making model
  • Income and inflation
  • Income and taxation
  • Government benefits
  • Factors influencing household expenditure
  • Creating and managing a household budget
  • Understanding when to buy insurance products
  • The range of insurance products

Who is this accredited by?


This course is accredited by EOCCS, the first international quality benchmark for online courses in business and management education.

11 Best Budgeting Courses [2022 MAY] [UPDATED]

When would you like to start?

  • Date to be announcedAdd to Wishlist

Add to Wishlist to be emailed when new dates are announced

Learning on this course

On every step of the course you can meet other learners, share your ideas and join in with active discussions in the comments.

What will you achieve?

By the end of the course, you‘ll be able to…

  • Identify and understand how financial needs change over the life course
  • Identify, understand and apply a model for financial decision-making
  • Identify and appreciate how human behaviour affects financial decisions
  • Identify and understand the impact of inflation and tax on incomes
  • Apply and appreciate the social and economic factors that influence spending
  • Design and manage a household budget
  • Identify and understand insurance products and when to buy them

Who is the course for?

For further information about registration, the final assessment course, your eligibility and the BA in Business Management, visit the Open University website.

IMPORTANT! If you are aiming to use your study of courses in the Business and Finance Fundamentals program to obtain academic credit, please be aware that the final planned presentation of the Open University Assessment Course BXM191 Business and Finance Fundamentals in Practice starts October 2020. Please ensure that you allow yourself enough time to obtain all eight Certificates of Achievement from courses in the program before registering for the Assessment Course. Details of runs of the relevant FutureLearn courses in 2019 and 2020 are available here.

Learning on FutureLearn

Your learning, your rules

  • Courses are split into weeks, activities, and steps to help you keep track of your learning
  • Learn through a mix of bite-sized videos, long- and short-form articles, audio, and practical activities
  • Stay motivated by using the Progress page to keep track of your step completion and assessment scores

Join a global classroom

  • Experience the power of social learning, and get inspired by an international network of learners
  • Share ideas with your peers and course educators on every step of the course
  • Join the conversation by reading, @ing, liking, bookmarking, and replying to comments from others

Map your progress

  • As you work through the course, use notifications and the Progress page to guide your learning
  • Whenever you’re ready, mark each step as complete, you’re in control
  • Complete 90% of course steps and all of the assessments to earn your certificate

budgeting certification online

Now we consider budgeting certification online, advanced budgeting and forecasting training courses and cfi budgeting and forecasting.

Budget & Public Finance Certificate

The online certificate in budget and public finance provides course work in the theoretical and practical foundations of public budgeting and in the formulation and evaluation of public budgets, as well as the complex choices of economic reasoning in response to resource allocation in the process of formulating and implementing public budgets.

The courses in the certificate provide a background in budget policy and process, characteristics of public revenue and expenditure, and governmental accounting and financial reporting. This certificate is particularly suited for those who are, or envision becoming, budget analysts or financial management officers in public agencies at any level of government.

Certificate students enroll in regular courses of the Trachtenberg School and earn graduate credit.

advanced budgeting and forecasting training courses

More details coming on advanced budgeting and forecasting training courses and cfi budgeting and forecasting.

Learn Finance with Online Courses, Classes, & Lessons | edX


This programme provides an overview of the tools and the skills to build world class standards into your planning, budgeting, performance measurement and reporting system and will discuss new and best practice techniques, explain how they complement the traditional financial planning tools, and introduce new concepts for measuring and reporting performance and shareholder wealth creation. Important elements of this programme include:

  • Making your budgeting process more cost effectively
  • Motivate managers to “buy in” to the budget process
  • Many case studies and illustrations of real companies will be used to help delegates understand how to apply different planning, forecasting and analysis techniques
  • Participants will also be given a detailed set of handouts that will enable them to review the topics covered at a later date


  • Implement advanced planning and control techniques into your budgeting process
  • Integrate the budgeting process with the development of the company’s long-term strategic vision
  • Provide a decision support structure that provides timely and useful information to decision makers
  • Successfully build an integrated planning, budgeting and reporting process
  • Forecast costs and revenues with greater confidence
  • Apply management tools to the budgeting process that contribute to strategic goals
  • Effective manage the budgeting process
  • Identify key performance indicators for effective and focused decision making
  • Increase profitability and performance through stream lined planning and reporting

Day One

Budgets in Today’s International environment

  • Organizational Planning and Control Framework
  • The Product / Information / Decision Support Cycle
  • Strategic, Tactical, and Operational Forecasts
  • The recognition of risk in Models
  • Using Budget Models for Simulation Purposes
  • The Drive toward Shareholder Value (EVA®)

The Strategic Plan

  • The purpose of planning and budgeting in business
  • Defining the strategic approach to business planning
  • Defining strategic assumptions
  • Building the strategic planning model using financial data
  • Various strategic and tactical approaches to business planning
  • Defining the Decision-Support model: Assumptions/Goals and Key Success Factors

Day Two

Analysing the Historical Data Using Excel®

  • Recognizing the Basic Patterns Inherent in Historical Data
  • Using the Exploratory Data Analysis Tools Available in Excel®
  • Development of Time Series Models using histograms, moving averages, exponential smoothing and regression analysis
  • Using Regression Analysis as a predictor and estimator
  • Mastering the use of Exponential Smoothing as a Data Analysis tool
  • Single Regression vs. Multiple Regression
  • Validation of Time Series Analysis

Day Three

Approaches to Budget Development

  • Zero Base Budgeting
  • Activity based Budgeting
  • Rolling Budgets
  • Operational Unit Budgeting
  • Programme budgeting
  • Developing the Cash Budget

Using Activity based Budgeting

  • Developing the ABB application model
  • Budgeting for Processes rather than Departments
  • Defining Key Cost Drivers
  • Defining Key Activities
  • Development of ABB Cost Standards
  • Developing the Activity-Based Budget

Day Four

Strategic and Operational Cost Analysis Techniques

  • Identifying fixed, variable and semi-variable costs
  • Application of Regression in the development of budgets
  • Building the financial simulation model using articulated financial statements
  • Building the financial simulation model using deterministic simulation
  • Building the financial simulation model using probabilistic (Monte Carlo) simulation

Developing Manufacturing Standards

  • Material Standard Development
  • Labour Standard Development
  • Factory and Corporate Overhead Standard Development
  • Variance Analysis

Day Five

Defining and Testing Optimisation Techniques in Models Using Excel®

  • Basic Structure of All Optimisation Models
  • Different Forms and Applications of Optimization Models
  • Developing a Financial Optimisation Model
  • Performing Sensitivity Analysis of an Optimisation Model
  • Interpreting the Solution of an Optimisation Model to a Non-technical Manager
  • Lessons Learned and Lessons to be Learned


  • Management and Leadership
  • Finance , Accounting and Budgeting
  • Human Resource Management
  • Project , Procurement and Contracts
  • Secretarial and Administration
  • PR , Customer Services , Sales and Marketing
  • Quality and Productivity
  • Maintenance Engineering Training
  • Oil and Gas Training
  • Warehouse , Logistics , Supply Chain and Inventory
  • Construction and Civil Engineering Training
  • Facilities Management Training
  • Safety Training
  • Electrical and Power Engineering Training


  • Management and Leadership
  • Finance , Accounting and Budgeting
  • Human Resource Management
  • Project , Procurement and Contracts
  • Secretarial and Administration
  • PR , Customer Services , Sales and Marketing
  • Quality and Productivity
  • Maintenance Engineering Training
  • Oil and Gas Training
  • Facilities Management Training
  • Warehouse , Logistics , Supply Chain and Inventory
  • Safety Training
  • Electrical and Power Engineering Training
MSc International Finance & Banking | University of Portsmouth

cfi budgeting and forecasting


Recommended prep courses

These preparatory courses are optional, but we recommend you to complete the stated prep course(s) or possess the equivalent knowledge prior to enrolling in this course:

  1. Accounting Fundamentals
  2. Excel Crash Course

Financial budgeting course description

This financial budgeting course will teach you about the entire budgeting process from start to finish, including how to create a disciplined culture of budgeting in your organization, the various methods for building budgets, techniques to analyze results, and how to increase the chances of organizational performance improvements.

This interactive and applied budgeting course enables participants to:

  1. Adopt a disciplined approach to developing budgets
  2. Forecast results with quantitative and qualitative methods
  3. Effectively use variance analysis to track performance
  4. Present results with charts and graphs

Who should take this budgeting class?

This online budgeting class is designed for those who are responsible for financial management, budgeting, and forecasting within their organizations.  This may include professionals working in financial planning and analysis (FP&A), accounting, treasury, financial reporting, corporate development, etc.

What you will learn in this budgeting 101 course

By the end of this budgeting 101 class, participants are able to:

  • Understand the principles behind best practice financial management
  • Explain the importance of budgeting within a strategic framework
  • Build a robust budgeting process within their organization
  • Know when and where to use various budgeting approaches such as zero-based budgeting
  • Forecast future performance by better analyzing revenue and cost drivers
  • Use effective variance reporting to track organizational performance
  • Make use of Excel functions and tools that are particularly suited to the budgeting process.

Financial budgeting class content

Topics covered will include:

  • Budgeting within a strategic framework
  • Building a robust budgeting process
  • Managing budget psychology
  • A practical guide to developing budgets
  • Common budgeting approaches (e.g. Incremental, value-based, zero-based, etc.)
  • Forecasting techniques (moving average, regression analysis, etc.)
  • Tracking budget performance with variance analysis (waterfall charts, etc.)
  • Applied budgeting tools and techniques (Excel, solver, pivot tables, etc.)

Do you want to learn how to use budgets and forecasting to help your business grow?

Budgets and forecasting can be an incredibly powerful tool for any company, no matter how small or large. It allows you to accurately plan for the future, identify and manage key risks, and make sure that you’re using your resources in the most effective way possible.

With our free online courses, you’ll learn how to develop an effective budgeting system that works for your company. You’ll also gain insight into the importance of forecasting and how it can help your business succeed.

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