Market Forecasting Training in VIC Melbourne

Market Forecasting Training in VIC Melbourne, Australia

Participants will gain hands-on experience with forecasting models, data analysis, and interpretation essential for informed strategic planning and decision-making.

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Market Forecasting Training is a professional training program delivered by ProgNXT in VIC Melbourne, Australia. ProgNXT, a globally recognized corporate training provider in 55+ countries, offers this Market Forecasting Training course with hands-on, instructor-led sessions. This course is designed to introduce participants to the principles, tools, and techniques of market forecasting. It covers both qualitative and...

Expert Panel

Designed and delivered by the ProgNXT Data Analysis Expert Panel — a vetted team of industry professionals with 12+ years of hands-on experience in Excel, SQL, Python, Tableau, and Power BI

ProgNXT Data Analysis Expert Panel

Course Code: MWM77
14 Hrs
Last Updated: April 2026

Course Rating5/5

This course is designed to introduce participants to the principles, tools, and techniques of market forecasting. It covers both qualitative and quantitative methods used to predict future market conditions, consumer behavior, and business trends. Participants will gain hands-on experience with forecasting models, data analysis, and interpretation essential for informed strategic planning and decision-making.

Welcome to the official Market Forecasting Training certification program in VIC Melbourne, Australia. This comprehensive training is designed to elevate your professional skills and provide you with practical, industry-relevant knowledge locally. As a globally recognized corporate training provider operating in 55+ countries, ProgNXT ensures that our curriculum meets the highest standards of excellence.

Whether you are looking to upskill your team or advance your personal career, our expert-led sessions will guide you through the core concepts of this domain. Upon successful completion of the 14 Hrs program, participants will receive a globally accepted certification, demonstrating their proficiency and readiness to tackle complex challenges in the field.

Basic understanding of statistics and economics
Familiarity with spreadsheet tools (e.g., Excel)
Knowledge of business fundamentals

Upon completion, participants will be able to:

Understand key market forecasting concepts and objectives
Apply different forecasting techniques, including time-series and regression models
Analyze historical data to predict future trends
Interpret forecasting outputs for strategic decision-making
Evaluate forecast accuracy and improve model performance

Market trend analysis
Forecasting model development
Data visualization and interpretation
Strategic planning based on predictive insights

Forecasting theory and fundamentals
Data preparation and analysis
Moving averages, exponential smoothing
Regression and time-series models
Scenario analysis and judgmental forecasting
Measuring forecast accuracy (MAPE, RMSE, etc.)

Participants who attend all sessions and successfully complete the course assessments will receive a ProgNXT Certificate of Completion.

Course Agenda

Introduction to Market Forecasting

Importance of forecasting in business strategy
Forecasting vs. prediction
Types of forecasts (short, medium, long-term)

Data Exploration and Preprocessing

Collecting market data
Data cleaning and transformations
Seasonality, trends, and cycles

Qualitative Forecasting Methods

Delphi method
Market research and expert opinion
Scenario planning

Quantitative Forecasting – Time Series Analysis

Naïve and average models
Moving average and weighted moving average
Exponential smoothing methods

Regression and Causal Forecasting

Linear regression modeling
Multiple regression and predictors
Interpreting coefficients and diagnostics

Advanced Techniques and Tools

ARIMA models basics
Introduction to Python/R for forecasting (optional)
Combining models for better accuracy

Evaluating and Improving Forecast Accuracy

Forecast error metrics (MAE, MSE, RMSE, MAPE)
Cross-validation techniques
Model refinement strategies

Hands-on Exercises

Case Studies

Forecasting formula sheets and guides
Sample datasets for hands-on exercises
Templates for Excel-based forecasting models
Case studies from various industries

Quizzes and conceptual tests
Hands-on exercises and model building
Participation and group discussions

ProgNXT Certificate of Completion will be awarded to participants who successfully complete the course and assessments.

Market Forecasting Training Events in melbourne

Online Events

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More Upcoming Session Dates

November 2026

🌐 Online Instructor-Led

4th Nov 2026→5th Nov 2026

📍 VIC Melbourne, Australia

10th Nov 2026→11th Nov 2026

📍 VIC Melbourne, Australia

23rd Nov 2026→24th Nov 2026

🌐 Online Instructor-Led

26th Nov 2026→27th Nov 2026

December 2026

🌐 Online Instructor-Led

1st Dec 2026→2nd Dec 2026

📍 VIC Melbourne, Australia

7th Dec 2026→8th Dec 2026

🌐 Online Instructor-Led

27th Dec 2026→28th Dec 2026

📍 VIC Melbourne, Australia

28th Dec 2026→29th Dec 2026

Events for other courses in VIC Melbourne, Australia

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Market Forecasting Training in VIC Melbourne