Financial Planning & Analysis: Building a Company's Budget

Learn the Fundamental Mechanics of Financial Planning and Position Your Career for Success!
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  • Lectures 27
  • Length 1.5 hours
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 6/2016 English

Course Description

***** Over 49,000 successful Students ***** 

***** 4,500 positive Reviews *****

***** The No.1 Provider of Corporate Finance courses on Udemy *****

Looking to boost your income as a financial analyst?

Willing to acquire valuable skills that will set you aside from the competition?

You’ve come to the right place!

Financial Planning & Analysis: Building a Company’s Budget from Scratch guides you through the core principles of Financial Planning and helps you to understand how a company prepares its budget. The video lessons touch on several technical topics such as revenue forecasting, cost planning, working capital development, fixed assets roll-forward, and cash flow calculation. Besides that, we will discuss why firms need budgets, which are the financial statements that a company uses to create its budget, what types of budgets are there, which are the main techniques used in financial planning, who is involved in the preparation of a budget, and who is interested in the final numbers that are signed-off in the budget. Specializing in these topics will turn you into a valuable, indispensable member of any company’s Finance team.

Experienced Instructor

In this course 365 Careers brings in a guest lecturer - a Finance professional with significant real world experience working for companies like 3M and Coca-Cola. As part of the Financial Planning & Analysis department of these firms, Marian has participated in a complete budgeting exercise on several occasions. He is the right teacher for you because he understands how to explain a complicated topic in an easy to comprehend way. He is passionate about teaching and will always be available to answer your questions.

Well structured 

This course shows it all, with no steps skipped. The lessons are easy, time-efficient and well structured. We have used a number of teaching methods! Video lectures, Theory, Real business Examples, Animations, Quiz Questions, Case Studies, a Course Challenge ... you name it!

Why should you learn about FP&A and Budgeting?

One of the most important activities in Corporate Finance

  • A key topic in interviews, especially when hiring people with a few years of experience
  • Budgeting is great for networking – you communicate with some of the most important individuals in a company
  • Salary. FP&A specialists enjoy a very well-paid career
  • Promotions. Financial Planning Analysts acquire valuable technical skills and are well-known throughout the organization, which makes them the leading candidates for senior roles
  • Growth. Forecasting what will occur in the future is always interesting and full of surprises

Interactive experience

Here comes the fun part!

We have a challenge for you! After each major block you have covered, you will be asked to solve a challenge. You will:

  • Forecast a company’s sales
  • Create a budget plan for costs that will support the forecasted level of sales
  • Work on a Production Budget
  • Calculate a Cash Flow
  • Produce an Income Statement and Balance Sheet

Sounds interesting, right?

At the end of the challenge, you will send us the work that you’ve done, and we will send back personalized feedback to you. This makes for an interactive student experience that optimizes what you will learn from the course.

The students who complete the task will participate in our monthly Amazon Gift Card lottery with the chance of winning a $10 gift card, rewarding them for their engagement.

What makes this course different from the rest of the Finance courses that are out there?

  • High quality of production – Full HD video and animations (This isn’t a collection of boring lectures!)
  • Knowledgeable instructor (experience working for companies like 3M and Coca-Cola)
  • Specialized training – the only course that covers this topic on Udemy
  • Extensive Case Studies that will help you reinforce everything you’ve learned
  • Course Challenge: Solve our Course Challenge and make this course an interactive experience
  • Excellent support: If you don’t understand a concept, or you simply want to drop us a line, you’ll receive an answer within 1 business day
  • Dynamic: We don’t want to waste your time! The instructor keeps up a very good pace throughout the whole course.
  • Bonus prize: Upon completion of 100% of the course, you will receive a bonus gifts


Students of this course who complete 50% of the lessons will receive our student favorite Accounting e-book.


Students of this course who complete 100% of the lessons get full, lifetime access to our five-star rated course “Job Search Success Strategies: Proven Job Hunting Strategies”, which normally has a price of $20.


All students who complete the course and send us their solutions for the Course Challenge will:

  • Receive personalized feedback
  • Receive a gift
  • Participate in our monthly Amazon Gift Card Lottery(!)


Please don’t forget that the course comes with Udemy’s 30-day, unconditional money-back-in-full guarantee. And why not give such a guarantee, when we are convinced that the course will provide a ton of value for you?

What are the requirements?

  • Absolutely no experience is required. We will start from the basics and gradually build up your knowledge. Everything is in the course.
  • You will need Microsoft Excel 2010, 2013, or 2016

What am I going to get from this course?

  • Prepare a Company's Budget from Scratch
  • Perform Top-Down and Bottom-up Forecasting
  • Forecast a Company's Sales
  • Forecast a Company's Planned Level of Production
  • Calculate Net Cash Flow
  • Forecast Various Types of Expenditures
  • Estimate Working Capital Needs
  • Carry out a Fixed Asset Rollforward
  • Build an Integrated Financial Model

Who is the target audience?

  • People Who Want a Successful Career in Finance
  • Anyone Who Wants to Learn How to Create a Corporate Budget
  • People who are ambitious and want to learn faster than their peers

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.


Section 1: Course Introduction
Course Introduction. What does the course cover + 2 free gifts
Section 2: Getting Started with Financial Planning
What is a budget and why do we need it? Planning to save some money?
Section 3: The Accounting Framework
The three financial statements that are the back bone of any company's budget
How much money did the company make? The Income Statement
The Balance Sheet: A snapshot of a company's financial position
The Accounting Framework
4 questions
Section 4: Essential Mechanics of the Forecasting Process
How do we forecast a company's financials?
Who is involved in the preparation of a Budget? (example: Nike)
How do we use a Budget once it has been prepared? (Static vs Flexible budgeting)
What is the difference between a 12-month and a 10-year forecast?
What is a Master Budget and how is It created?
Section 5: Time for a Case Study: Henry's Hats
Let's start selling summer hats!
Essential Mechanics of Forecasting
4 questions
Bottom-Up Forecasting - Theory
Bottom-Up Forecasting in Practice
Calculating Henry's Hats expected revenues
Section 6: How Much Does It Cost to Produce the Goods that Henry's Hats Sells?
Cost of Goods Sold: An Introduction
Production planning: how Production forecasting makes life easier
Forecasting costs for Direct Materials and Direct Labour
Henry's Hats Overhead expenditure
Cost of Goods Sold: Recap
Section 7: Forecasting Selling, General & Administrative expenses
Forecasting Selling, General & Administrative expenses
Section 8: Forecasting Balance Sheet Items
Calculating Working Capital Days
Forecasting the development of Trade Receivables, Trade Payables, and Inventory
Fixed Asset Rollforward: The importance of Capex planning
Section 9: Completing Henry's Hats Budget
Putting together an Income Statement for the forecast period
Producing a Balance Sheet for the forecast period
Calculating Cash Flow and building an integrated financial model
Course Challenge - 99 Agency

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Instructor Biography

365 Careers, Creating opportunities for Business & Finance students

365 Careers is a firm specializing in high-end financial training programs. Our growing list of courses includes Excel (Microsoft Excel for Beginner and Advanced users), PowerPoint, Financial Modeling, Company Valuation, Accounting, Investment Banking, Financial Planning & Analysis, and Job Hunting trainings. Our goal is to provide to our students the practical instruments they will need in order to perform successfully at their future workplace.

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