Chartered Financial Forecasting, Budgeting and Modeling Professional (CFBM)

In this unpredictable and erratic business environment, organizations need to harness its financial forecasting and models to futureproof their future financial health and performance to weather any unexpected setbacks. 

By building a solid financial model, organizations will be in better position to create accurate financial forecast as well as building effective budget plans that allow them to timely respond to any potential scenarios in future.

This Chartered Financial Forecasting, Budgeting and Modeling Professional (CFBM™) is designed to help you to harness your organization’s financial performance and health with comprehensive techniques in reviewing your financial forecasts and building effective budgeting plans through designing solid financial models. 

You will discover how to develop reliable and accurate financial forecasts, prepare a solid budgeting plan and leverage the power of Excel to create sophisticated financial models. 

This program will also help you to discover many forecasting functions and techniques available including advanced Excel functions and R Statistical Language to analyze your financial forecast statements as well as creating and applying financial decision making models. 

In addition, you will also walk away with the application of various types of budgeting techniques such as Activity Based Costing, Activity Based Budgeting, Zero Base Budgeting and so on that can help your organization to save considerably on discretionary spending.

By the end of the program and upon passing the Chartered exam, you will have earned the Chartered Financial Forecasting, Budgeting and Modeling Professional (CFBM™) which you can use to demonstrate your professional credentials and track record in the field of financial modeling, forecasting and budgeting. 

The Chartered Financial Forecasting, Budgeting and Modeling Professional (CFBM™) is a mark of excellence and distinction that signifies a fully qualified finance professional with financial forecasting, budgeting and modeling expertise and skill sets. It is accredited by the Chartered Institute of Professional Certifications, which maintains the governing standards for all members. 

The CFBM™ charter is a trademarked charter available only professionals who have completed and passed this program. The certification is governed and maintained by Chartered Institute of Professional Certifications with over 90,000 members around the world. It is also endorsed by prominent associations and organizations worldwide.

The content of this program has also been fully certified and independently accredited by CPD as conforming to Continuing Professional Principles.

What Can You Expect From This Certified Program:

This accredited program will provide you with a complete framework of financial forecasting, budgeting and modeling in a practical and accessible way, helping finance leaders reduce uncertainty in their planning and budgeting process. 

With thorough coverage of financial models and proven applications, this program will guide you through a step-by-step process to improve your financial forecasts and build solid budgeting plans with sophisticated financial models.

You will be exposed to a wide array of financial forecasting techniques that will increase the accuracy of your forecasting, harness the power of Excel to create dynamic time series forecasts and improve your overall budgeting framework with proven techniques including Activity Based Costing, Activity Based Budgeting, Zero Base Budgeting and so on to help your organization save considerably on discretionary spending.

By the end of the program and upon passing the Chartered exam, you will have earned the Chartered Financial Forecasting, Budgeting and Modeling Professional (CFBMTM) which you can use to demonstrate your professional credentials and track record in the field of financial modeling, forecasting and budgeting.

Globally demanded and recognized, this designation is an industry-recognized trademarked charter developed by the Chartered Institute of Professional Certifications and has lifelong validity. It’s also fully accredited by CIPD (Chartered Institute of Personnel and Development), with 160,000 membership organizations worldwide.

Modules:

• Module 1 - Introductory Material
• Module 2 - Overview of Forecasting
• Module 3 - Excel’s Built in Forecast Functions
• Module 4 - Time Series Analysis
• Module 5 - Qualitative Forecasting Techniques
• Module 6 - Budgeting
• Module 7 - Application of Budgets
• Module 8 - Modeling in General
• Module 9 - Financial Modeling in Particular
• Module 10 - Charting in Excel and RStudio Spectacular and More Ordinary Charts
• Examination

Chartered Exam:

• At the end of the program, there will be a Chartered exam comprised of 50 multiple choice questions. Upon passing the exam, you will be accredited with your Chartered Financial Forecasting, Budgeting and Modeling Professional (CFBM™) designation
• 98% of students who have taken this exam have passed the exam successfully. Almost all professionals who have taken our courses have passed this exam and attain their Chartered Financial Forecasting, Budgeting and Modeling Professional (CFBM™) designation
• The exam has 50 multiple choice questions and you need to answer 25 out of 50 questions correctly to pass the exam
• You can re-take the exam online as many times as you want, with no additional charges for retaking of exams
• The program cost already includes the exam fees, so there are no additional charges for taking the exam
• If you have challenges passing the exam, you can secure assistance from our team and faculty leader to help you pass the exam.