## Description

Master Scenario Analysis in Excel for Business & Planning, the scenario analysis training course in Excel for business and planning has been published by Udemy Academy. Three goals are pursued in this course: 1- Learning scenario analysis and techniques including Monte Carlo simulation 2- Learning Microsoft Excel scenario analysis tools 3- Learning business analysis formulas and parameters applicable in all business fields They are essential for anyone involved in business, economics and finance. Scenario analysis is a powerful planning and management technique for dealing with different possible futures and ensuring that an acceptable outcome is achieved under different scenarios. This technology is used in business, finance, economics, politics, negotiations and even military operations. The main argument of this technology is that when drawing a plan, our assumptions can change due to unforeseen events and therefore the results can change.

For this reason, we must calculate in different scenarios (through changes in assumptions) and study their impact on the results. Basically, scenario analysis is a way to deal with randomness in life. An advanced technique for dealing with randomness is called Monte Carlo simulation, which uses random sampling to predict future outcomes under multiple random scenarios. In this course, students are introduced to this powerful technology and learn how to implement a sample Monte Carlo simulation using Microsoft Excel creatively. Also, Microsoft Excel offers several powerful tools for scenario analysis, including Goal Seek, Data Tables, Scenario Manager, and Solver.

### What you will learn

• What is scenario analysis in the context of business?
• Explain when scenario analysis can be used
• Learning to perform scenario analysis using Microsoft Excel
• Learning how to calculate profit and costs including fixed and variable costs
• Learning how to use data table, target search and Solver commands in Excel
• Learn the steps of scenario analysis

### Who is this course suitable for?

• entrepreneurs
• engineers
• programmers
• Anyone who needs to plan for the future

### Specifications of Master Scenario Analysis in Excel for Business & Planning course

• Publisher: Udemy
• teacher : Dr. Mohammad Habibi
• English language
• Education level: introductory
• Number of courses: 18
• Training duration: 1 hour and 54 minutes

### Course prerequisites

• Basic familiarity with Microsoft Excel

### Installation guide

After Extract, view with your favorite Player.

English subtitle

Quality: 720p