B.Com. (Actuarial Studies) Vocational Skill Course Introduction to Financial Forecasting II Syllabus - Mumbai University
This is the FY BCom Actuarial Studies syllabus under NEP 2020, in force from the academic year 2026-27. It is the only syllabus this degree has ever had: the University approved the course on 18 May 2026 and the first students were admitted the same year, so there is no earlier scheme to check yours against.
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Syllabus for Vocational Skill Course - Introduction to Financial Forecasting - II
The University prints this paper as “Vocational Skill Course Paper II (Introduction to Financial Forecasting)”.
Module 1: Understand the Significance of Forecasting in Finance 15 hours
- Role of forecasting in financial decision-making, Limitations and risks associated with forecasting, Ethical considerations involved in financial forecasting, Types of Forecasting Techniques in Finance: Straight Line, Moving Average, Time series analysis, Sales Forecasting and Cash Budget. (Manual Calculations are expected).
Module 2: Creating Forecasts using Excel. 15 hours
- Trend analysis using excel, Calculation of moving averages and forecast function in excel, Forecasting Sales and Cash Budget using excel function, Evaluation of model using Mean Absolute Percentage Error.
Cut from the University of Mumbai syllabus for B.Com. (Actuarial Studies) under NEP 2020, in force from the academic year 2026-27. Wording is as printed in that syllabus, and module numbering is as printed there too. The University sets no reading list for this course.
The complete syllabus
This subject is cut from the University circular for its year. Open the document here if you want the whole thing rather than a single subject.