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Forecasting Methods and Models short course

The HBS builiding
Dates:4 December 2015
Times:All day
What is it:Course
Organiser:Cathie Marsh Institute for Social Research
How much:£140 (public sector) £195 (private sector)
Who is it for:University staff, Adults, Alumni, Current University students, General public
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  • Forecasting Methods and Models course outline

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  • In category "Course"
  • By Cathie Marsh Institute for Social Research

The course aims to cover the commonly used techniques to forecast demand in public services and in business. The emphasis of this course is on the practical application of forecasting techniques rather than on theoretical content. Alongside quantitative techniques we will also cover the more qualitative and judgement based aspects of forecasting.

Objectives

By the end of the course participants will be able to: •Build a model that forecasts demand based on demographic drivers. •Construct a time series model that decomposes the forecast into cyclical, seasonal and short term factors. •Develop a predictive regression model that allows for the identification of influential factors that drive demand. •Understand the quantitative and qualitative techniques to develop future scenarios and assumptions •Report forecast findings, recognising the strengths and weaknesses of different forecasting approaches, the sensitivity of forecasts to assumptions and the metrics that indicate the accuracy of a forecast.

Price: £140 (public sector) £195 (private sector)

Travel and Contact Information

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Basement computer lab
Humanities Bridgeford Street
Manchester

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Laura Watt

cmist-courses@manchester.ac.uk

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