Description

Certification Name: Certified Business Forecasting Analyst

Global Occupational Skill Standard – GOSS ID: GOSS/BS/CBFA/V1

Duration: One Month.

Eligibility: Graduation or Equivalent is required.

Objective: The Certified Business Forecasting Analyst (CBFA) course is designed to equip professionals with the analytical tools, techniques, and strategic insights needed to forecast business performance and market trends accurately. The course covers quantitative and qualitative forecasting methods, time-series analysis, regression models, demand planning, financial forecasting, scenario planning, and the use of forecasting software and data visualization tools. 

Certification: Within 5 days after Completion of Online Assessment.

Get ready to join the Journey to become a GSDCI Certified Professional  – International Certification and Assessment Body.

Steps to become a GSDCI Certified Professional:

Step 1: Select your certification you want to pursue.

Step 2: Click on get certified tab, new pop up window will open.

Step 3: Click on pay certification fee, you will be redirected to billing details page.

Step 4: Fill your details and click on pay certification fee, You will be redirected to payment gateway, pay fee by any available options like Card(Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.

Step 5: You will get Login Credentials of Online E-Books and Online assessment link on your email id, within 48 hrs of payment.

Step 6: After completion of online assessment, you can download your Certificate Immediately.

Assessment Modules:

Module 1: Introduction to Business Forecasting: Fundamentals of Forecasting and Its Importance, Types of Forecasting Methods (Qualitative vs. Quantitative), Role and Responsibilities of a Business Forecasting Analyst, Data Requirements and Collection Techniques, Forecasting in Strategic and Operational Planning, Ethical Considerations in Forecasting.

Module 2: Time Series Analysis and Forecasting Techniques: Understanding Time Series Components (Trend, Seasonality, Cyclicality), Moving Averages and Exponential Smoothing, ARIMA and SARIMA Models, Forecast Accuracy and Error Measurement (MAE, MAPE, RMSE), Seasonal Adjustments and Detrending, Time Series Visualization Techniques.

Module 3: Causal and Econometric Forecasting Models: Regression Analysis for Forecasting, Leading Indicators and Causal Relationships, Econometric Modeling Techniques, Scenario Analysis and Sensitivity Testing, Multivariate Forecasting Models, Model Validation and Diagnostics.

Module 4: Demand and Sales Forecasting: Forecasting for Inventory and Supply Chain Management, Sales Trend Analysis and Market Demand Estimation, Customer Segmentation and Buying Behavior Patterns, Short-Term vs. Long-Term Sales Forecasting, Collaborative and Consensus Forecasting, Industry-Specific Forecasting Techniques.

Module 5: Financial and Business Performance Forecasting: Revenue and Profit Forecasting, Cash Flow and Budget Forecasting Models, Cost and Expense Projection, Capital Expenditure Forecasting, Integrating Forecasts into Financial Planning, Forecasting for Investment and Risk Decisions.

Module 6: Tools, Technology, and Forecast Communication: Using Excel, R, Python, and Forecasting Software Tools, Automation and Machine Learning in Forecasting, Data Visualization and Dashboard Reporting, Communicating Forecasts to Stakeholders, Aligning Forecasts with Decision-Making, Case Studies and Real-World Applications.

GSDCI Online Assessment Detail:

• Duration- 60 minutes.
• Number of Questions- 30.
• Number of Questions from each module: 5.
• Language: English.
• Exam Type: Multiple Choice Questions.
• Maximum Marks- 100, Passing Marks- 50%.
• There is no negative marking in any module.

Benefits of Certification:

🌍 1. Global Recognition & Credibility – Stand out worldwide with a certification that opens doors across borders. Trusted by employers, respected by institutions, and recognized in over 100 countries.

📜 2. Quality Assurance through ISO Certification – Certified to global ISO standards, our programs deliver excellence, consistency, and a benchmarked learning experience that speaks for itself.

💼 3. Career Advancement & Employability – Enhances your resume and increases chances of promotions or job offers.

🤝 4. Non-Profit Trust Factor – Certifications from non-profit organizations are mission-driven rather than profit-driven.

📚 5. Access to Verified Learning & Resources – Often includes e-books, mock tests, and online support without hidden costs.

🔍 6. Transparency & Online Verification – Certifications come with a unique Enrolment ID for easy online verification by employers and institutions.

⏳ 7. Lifetime or Long-Term Validity – Certifications usually have lifetime validity or long-term recognition, reducing the need for frequent renewals.