Budgets and pro formas are two very important financial statements that will impact how you manage your property and make strategic decisions for the future. Set Your Deal Up for Success: Budgeting & Pro Forma 101 is a 4-week course that will help you better understand the basic components of each, the underlying assumptions that go into creating them, and how to make better decisions for your property that increase efficiency and profits. After completing this course you’ll be able to build more calculated and effective budgets and pro formas.
Who Should Attend?
This course is introductory, and geared towards first-year CRE analysts and recent graduates of 4-year real estate, finance, or business undergraduate programs. It is also suitable for advanced CRE professionals looking to refresh their skills. The recommended prerequisite for this course is Debt and Equity Optimization.
Virtual On-Demand Learning
This course will be delivered virtually through on-demand learning modules and assignments.
- Module 1: Creating a Budget from a General Ledger
Module 2: Exploring the Variance of Budget vs. Actuals
Module 3: Building Out a 3-Year Pro Forma
Module 4: Questioning Assumptions & Thinking Strategically for Your Unique Property