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Financial Analysis, Modelling and Budgeting Masterclass

An Interactive 10-Day Training Course

Financial Analysis, Modelling and Budgeting Masterclass

NASBA
Classroom Schedule
Date Venue Fees
10 - 21 Aug 2026 London $ 11,900
07 - 18 Dec 2026 London $ 11,900

Modules

This training course is split into the following modules:

Module I - Corporate Financial Planning, Budgeting & Control

Module II - Financial Analysis, Modelling & Forecasting

Course Outline

Module I: Corporate Financial Planning, Budgeting & Control

Day 1

Corporate Financial Planning

  • Strategic Planning
  • The Objective of the Firm – Meeting Shareholder & Stakeholder Objectives
  • Agency Theory – The Relationship between Shareholders & Management
  • Creative Accounting and the Case of Enron
  • Financial Management & Financial Planning – The Scope, Role & Responsibilities of Financial Management
  • Preparing a Financial Plan – The Master Budget
  • Forecasting Future Cash-flows and Financial Modelling
  • Time Series Analysis, Correlation & Regression
Day 2

Financing the Plan

  • Sources of Finance – Long Term & Short Term
  • Evaluation of the Types of Finance - Equity vs. Debt Finance
  • Hybrid Finance & Financial Engineering
  • The Dividend Decision
  • The Cost of Capital and Weighted Average Cost of Capital (WACC)
  • Capital Asset Pricing Model (CAPM)
  • Accounting Rate of Return (ARR)
  • Net Present Value (NPV), Internal Rate of Return (IRR) Capital Rationing & Payback
Day 3

Preparing & Managing Budgets to Support the Financial Plans

  • Definition of Budgets, the Budgetary Process and Budgetary Control
  • Types of Budgets-Fixed, Flexible, Incremental and Zero Based
  • The Purpose / Benefits & Problems / Limitations of Budgets
  • Setting / Implementing Effective Budgets - Eliminating the Problems
  • Responsibility Accounting and Absorption Costing
  • Activity-Based Budgeting / Costing (ABB, ABC)
  • Variance Analysis, Cost Behaviour, Break Even Analysis & Sensitivity / What If Analysis
  • What-If Analysis combined with Du-Pont Analysis
Day 4

Managing and Controlling Cash Flow to Support the Financial Plan

  • Cash vs. Profit & The Cash Conversion Cycle
  • Calculating and Managing the Cash flow Cycle
  • Cash Flow Ratios
  • Working Capital
  • The Cost of Maintaining Working Capital
  • Maintaining the Optimum Level of Working Capital
  • Working Investment Ratios
  • Preparing a Monthly Cash Flow Forecast
Day 5

Managing Financial Risk

  • Risk Management & Types of Risk
  • Identifying Risk – SWOT Analysis
  • The Major Quantitative & Qualitative Risks Facing Companies
  • Establishing a Risk Management Strategy
  • Financial Risk Management & Hedging Techniques
  • Managing Exchange Rate & Interest Rate Risk
  • Derivatives-Forwards, Futures, Options & Swaps
  • Risk Management Glossary of Terms

Module II: Financial Analysis, Modelling & Forecasting

Day 6

The Competitive Challenge in the 21st Century

  • Identifying and Managing Stakeholder Needs
  • Business Models and How They are Disrupted
  • An Integrated Approach to Risk Management
  • The Essentials of Business Performance Management

Fundamentals of Financial Modelling

  • Financial Statements Basics
  • Fundamentals of Financial Modelling
Day 7

Mastering Financial Analysis

  • Building a Financial Ratio Database in Excel
  • Practical Modelling: The Cost-Volume-Profit Relationship
  • Measuring and Improving Return On Investment
  • Measuring and Improving Asset Management Efficiency
  • Measuring and Managing Capital Structure and Risk
  • Practical Modelling: The Effect of Gearing on Shareholders’ Earnings
Day 8

Improving Financial Forecasting

  • Practical Modelling: Using Excel Statistical Analysis Tools
  • Avoiding Common Forecasting Problems
  • Using Moving Averages to Analyse Time Series Data
  • Using Linear Regression for Sales Trend Analysis
  • Using Excel Solver to Minimise Forecasting Error
  • Using Regression and Correlation to Forecast Costs
  • Practical Modelling: Cash Flow Forecasting
Day 9

Financial Models to Improve Investment Decision-making

  • Principles of Capital Investment Decision-making
  • Sources and Cost of Business Finance
  • Practical Modelling: Using Excel Discounted Cash Flow Tools
  • Practical Modelling: Capital Investment Analysis
  • Essentials of Business Valuation
  • Practical Modelling: Business Valuation Based on Shareholder Value Added
Day 10

Managing Risk and Uncertainty

  • Identifying and Analysing Business Risk
  • Probability Based Approach to Decision-making
  • Monte Carlo Simulation
  • Sensitivity Analysis and “what-if” Forecasting
  • Identifying the Key Drivers of Financial Performance
  • Practical Modelling: Key Driver “what-if” Forecast
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

NASBA

In Association With

Options & Brochure
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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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