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Details
All managers need to be able to understand and interpret the financial information at their disposal. The ability to analyse financial data accurately can be the difference between a successful and unsuccessful business unit.
Completing a course with these objectives offers learners practical, data-driven skills essential for making informed business and economic decisions. By mastering techniques to collect and organize numerical information, participants gain a solid foundation in financial and economic analysis. They learn to interpret trends, relationships, and outcomes in real-world scenarios, ultimately supporting more effective planning, forecasting, and strategic choices in any professional environment that relies on quantitative data.
This course covers the outcomes for US252036 at NQF level 5 for 6 credits.
This course equips learners with essential data-handling and analytical skills for financial and economic contexts. Participants will learn how to:
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Collect and Organize Data: Select appropriate methods to gather, record, and structure both financial and demographic information for meaningful use.
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Perform Statistical Calculations: Compute averages, standard deviations, lines of best fit, and apply time value of money principles to analyze financial data.
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Visualize Information: Transform raw data and calculations into clear, accurate graphs (histograms, pie charts, bar charts, and more) to illustrate trends and relationships.
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Analyze Economic Relationships: Use mathematical techniques to identify and represent economic connections, ensuring data-driven projections and informed decision-making.
Delivery Methods
| Delivery Method | Duration | ||
|---|---|---|---|
| Classroom | 3 Days | Get a Quote | |
| Live Virtual Training | 3 Days | Get a Quote |
Discounts Available
Brochure:
Audience
This course will suit learners in any business unit who are responsible for leading and managing staff, and who would like to grow their skills in analysing financial information. It would also suit any qualifying learner who would like to earn credits towards the National Certificate in Generic Management qualification.
Pre-Requisites
It is assumed that learners are competent in:
- Communication at NQF Level 4
- Mathematical Literacy at NQF Level 4
- Computer Literacy at NQF Level 4
Course Outline / Curriculum
- Section 1: Collecting and Organising Data Using Mathematical Techniques
- Introduction
- Types of Data Collection Methods
- Collecting Financial and Demographic Information
- Recording Demographic and Financial Data
- Section 2: Calculating and Representing Data
- Introduction
- Representing Data In Graphical Format
- Measures of Central Tendency and Standard Deviations
- Calculating Lines of Best Fit
- Calculating Time Value of Money
- Section 3: Mathematical Analysis to Indicate Economic Relationships
- Introduction
- The Slope of A Relationship
Schedule Dates and Booking
There are currently no scheduled dates.
Please note that this course needs a minimum of 6 delegates to schedule a course. You can choose to be added to the waiting list by clicking the button below, and we will contact you when we have enough delegates interested. Should we not get enough delegates, we will refund or credit your paid booking.
Should you need this course urgently, the following options are available:
- Pay for 6 delegates (whether you have them or not) and we will schedule the course as soon as possible.
- If you have fewer delegates and cannot pay for 6, we can negotiate a shortened course where some of the time will be spent in blended learning - watching videos and doing tutorials and exercises with some contact time with the trainer. We would want to discuss what your core needs are so that we cover those aspects. You need to have paid for 3 delegates at least.