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Business Modelling Expert
₹20,000.00 exc. GST
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A specialized program that equips professionals with advanced skills in business modelling using Monte Carlo Simulation to analyze risk, uncertainty, and variability in complex business scenarios, enhancing decision-making and forecasting.
Business Modelling Expert
₹20,000.00 exc. GST
Program Highlights
Accreditation & Credibility
Accredited Training Provider of Exemplar Global (formerly RABQSA) and a member of the ASQ family. Exemplar Global provides global recognition for our Lean Six Sigma programs.
Accredited by Exemplar Global (A part of ASQ)
Duration & Format
16 hours
Key Learning Outcomes
- Master the use of Monte Carlo Simulation for complex business modeling and risk assessment.
- Develop models to analyze and predict the impact of uncertainty on business outcomes.
- Apply simulation techniques to expedite change and enhance transformational efforts.
- Utilize simulations to improve performance levels of key business performance indicators.
Who It’s For / Entry Requirements
- Business analysts, financial analysts, risk managers, project managers, operations managers, consultants, anyone involved in decision-making under uncertainty.
- Mid to senior-level professionals with 2+ years of experience in analytics, finance, operations, or related fields.
- Basic understanding of statistics and probability.
- Proficiency in Microsoft Excel or other spreadsheet software.
Differentiators
Differentiators / Unique Value Proposition
- Accreditation by Exemplar Global
- Recognized by Exemplar Global (part of ASQ), ensuring that your skill set meets internationally acknowledged standards.
- Validates your expertise in advanced business modeling and simulation techniques.
- Specialized Focus on Monte Carlo Simulation
- Provides in-depth instruction on leveraging Monte Carlo Simulation for risk analysis, forecasting, and decision-making under uncertainty.
- Equips you with a robust toolkit for complex strategic planning and scenario analysis.
- Real-World Emphasis & Hands-On Application
- Uses industry case studies and practical data sets for building, running, and interpreting simulations.
- Ensures participants can directly apply new skills to finance, operations, project management, and more.
- Interactive, Cohort-Based Learning
- Features group discussions, collaborative problem-solving, and peer reviews, enhancing engagement and knowledge retention.
- Cohort size is limited to 25 participants for personalized attention and targeted feedback.
- Multi-Industry Relevance
- Ideal for business analysts, risk managers, project managers, and professionals across diverse domains.
- Empowers you to add strategic value in any environment prone to risk, variability, or uncertainty.
- Pathway to Advanced Analytical Careers
- Positions you for roles like Risk Manager, Financial Analyst, Operations Analyst, or Decision Analyst.
- Elevates your marketability by demonstrating advanced quantitative modeling capabilities.
Training Package Inclusions
Training Package Inclusions
- 16 Hours of Instructor-Led Training
- Live or virtual sessions that guide you step-by-step through Monte Carlo Simulation methods, from input distributions to interpreting simulation results.
- Real-time Q&A and instructor feedback ensure clarity at each stage of learning.
- Simulation Software Tutorials & Guided Exercises
- Hands-on orientation with tools like @RISK or Crystal Ball, including installation support.
- Structured practice activities for building and running simulations, helping you gain confidence in practical usage.
- Real-World Data Projects & Case Studies
- Scenario-based assignments reflecting real challenges in finance, operations, and project management.
- Collaborative exercises to explore diverse approaches and enhance critical thinking in risk analysis.
- Peer Networking & Support
- Access to online forums, group chats, and peer collaboration for continued learning and professional networking.
- Instructor support available via email and live Q&A sessions to address both technical and conceptual doubts.
- Comprehensive Course Resources
- Detailed course materials, including slides, reference guides, and sample models for future reference.
- Post-training guidance and curated learning paths (e.g., AHP Practitioner) for further specialization.
- Business Modelling Expert Certification
- Awarded upon successful completion of assessments and key projects.
- Validates your competence in using Monte Carlo Simulation to enhance decision-making and strategic planning under uncertainty.
Key Benefits / Learning Outcomes
Areas or Topics of Interest
Monte Carlo Simulation techniques, risk analysis, quantitative modeling, data analysis, probabilistic forecasting, decision-making under uncertainty.
Learning Outcomes
- Master the use of Monte Carlo Simulation for complex business modeling and risk assessment.
- Develop models to analyze and predict the impact of uncertainty on business outcomes.
- Apply simulation techniques to expedite change and enhance transformational efforts.
- Utilize simulations to improve performance levels of key business performance indicators.
Topics Covered
- Introduction to Monte Carlo Simulation and its applications in business.
- Building probabilistic models and defining input distributions.
- Running simulations and interpreting results.
- Using simulation software tools (e.g. @RISK, Crystal Ball).
- Applying simulations to various business scenarios: finance, operations, project management.
Who It’s For & Entry Requirements
Target Audience (Professional Roles, Experience Level)
- Business analysts, financial analysts, risk managers, project managers, operations managers, consultants, anyone involved in decision-making under uncertainty.
- Mid to senior-level professionals with 2+ years of experience in analytics, finance, operations, or related fields.
Prerequisites (Required/Recommended Knowledge)
- Basic understanding of statistics and probability.
- Proficiency in Microsoft Excel or other spreadsheet software.
Recommended Prior Courses (if applicable)
Lean Six Sigma Green Belt (for foundational process improvement skills – recommended but not mandatory)
Methodology & Engagement
Interactive Components (Practice projects, Case studies, Quizzes)
- Hands-on projects involving real-world data and scenarios.
- Software tutorials and guided exercises.
- Group discussions and collaborative problem-solving.
- Case studies and industry examples.
Support Services (Forums, Technical Support, Post-training guidance)
- Instructor support via email and live Q&A sessions.
- Peer networking groups and online forums for collaboration.
- Technical support for software installation and troubleshooting.
Certification & Career Advancement
Certification Earned
Business Modelling Expert Certification upon successful completion and assessment.
Value to Employers (Efficiency, Cost Reduction, Quality Improvement)
- Enhanced ability to assess and manage risks in business decisions.
- Improved forecasting accuracy and strategic planning.
- Increased capability to make informed decisions under uncertainty.
- Competitive advantage through advanced analytical skills.
Career Goals (Roles you can aim for post-certification)
Risk Manager, Business Analyst, Financial Analyst, Operations Analyst, Strategic Planner, Decision Analyst.
Course Pathways & Bundles
Bundled Programs (Packages or pathways that include this course)
- Available as part of the Business Excellence Master Black Belt Package with other programs
- Available as part of the Data-Driven Insights Package with Data Visualization Practitioner and Business Value Analyst programs
- Available as part of the Process Optimization and Decision-Making Package with LPLG and AHP Practitioner Programs
Suggested Sequence
- Start with “Data Visualization Practitioner” to build foundational analytics skills.
Proceed to “Business Modelling Expert” for advanced simulation techniques.
Follow up with “AHP Practitioner Program” for multi-criteria decision-making expertise.
Return on Investment & Practicalities
Return on Investment (Salary increase potential, Recognition)
- Acquisition of advanced modelling skills enhancing job performance and career prospects.
Ability to contribute to strategic decision-making processes within organizations.
Recognition as an expert in business modelling and risk analysis techniques.
Capacity Limits
Limited to 25 participants per cohort to ensure effective interaction and personalized support.
PDUs
16
Learning Pathways
Find out your ideal curriculum based on your current position and growth path.
Worldwide Certificate
Obtain your Exemplar Global certificate upon completion of your course and join 5,000+ others that have come before you.
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Frequently Asked Questions
Who are the trainers for the programs offered by Benchmark Six Sigma?
The trainers for the programs offered by us are as follows
Lean Practitioner and Lean Guide (LPLG) is Mr. Vishwadeep Khatri
Business Value Analyst (BVA) is Mr. Vishwadeep Khatri
Business Modelling Expert (BME) is Mr. Vishwadeep Khatri
Analytic Hierarchy Process (AHP) Practitioner is Mr. Vishwadeep Khatri
Creativity and Innovation (TRIZ) Practitioner is Mr. Vishwadeep Khatri
Business Analytics Foundation is Mr. Vishwadeep Khatri
Strategic RPA Practitioner is Mr. Vishwadeep Khatri
Agile Leadership Practitioner is Mr. Vishwadeep Khatri
Data Visualisation Practitioner is Mr. Mayank Gupta
Excellence in Continuous Improvement Leadership is Mr. Vishwadeep Khatri
Lean Six Sigma Yellow Belt / Problem Solving Workshop is Mr. Mayank Gupta
Design Thinking Practitioner is Mr. Vishwadeep Khatri
DFSS (Design for Six Sigma) Black Belt is Mr. Vishwadeep Khatri
Hoshin Kanri Practitioner is Mr. Vishwadeep Khatri
PM (Project Management) Champion is Mr. Vishwadeep Khatri
AI Requirements Specialist is Mr. Vishwadeep Khatri
Black Belt Certification Project is Mr. Mayank Gupta
Can I participate in courses using my mobile phone?
It is possible to participate using mobile phone in some programs. Green Belt and Black Belt will require use of laptop.
Is Benchmark better than competitors like Henry Harvin or KPMG?
Yes, we can confidently say that Benchmark certifications are better than competitors because of the below reasons
We are the pioneers of Lean Six Sigma workshops in India. We started our programs in 2001 and most others started later.
We integrated Lean and Six Sigma in our programs more than a decade ago.
We are the first to integrate Artificial Intelligence and Lean Six Sigma.
You can expect the most engaging training experience ever.
Use of multi-sensory approaches is our forte.
The facilitator has significant training experience in manufacturing as well as services and has conducted hundreds of programs.
Benchmark Six Sigma forum is among the top three Lean Six Sigma forums in the world.
Where can I get the payment link? How can I enrol?
Once you fill out our registration form, you will get access to the payment link to make the payment. Upon completion of payment, you shall get the introduction email, which carries all the details for your course.
Can I speak to someone before registration?
Yes, please suggest your preferred time and mode of contact using our contact form and we shall get in touch with you. Alternatively, you can contact us by WhatsApp or phone call at +91 9811370943
What is your part payment policy? Is EMI option available?
Yes, we do have a part payment policy. EMI options are also available. We will discuss your needs personally and provide you with a suitable option.
What is Lean Six Sigma?
Lean six sigma is business management approach which focuses on reducing defects, eliminating wastes and generating big financial benefits. It aims in improving efficiency and customer satisfaction in any process. It focuses on – Data Driven Decision Making, Problem Solving and Process Improvement. Lean Six Sigma is the integration of Lean and Six Sigma. In our Green Belt program, Lean basics are covered along with detailed coverage of most common Six Sigma tools and techniques.
What are the benefits of LSS?
After learning how to interpret and apply the core concepts of Lean Six Sigma, you’ll be well positioned to solve problems in a variety of industries. Your Lean Six Sigma Green Belt training and certification will help you stand apart from your peers as you will know proven methods to make better decisions, find solutions based on actual data and reduce costs while improving customer experience.
What is the difference between Lean and Six Sigma?
Lean focuses on process streamlining and reducing waste. Six Sigma focuses on reducing defects and variation in any process. Both Lean and Six Sigma have a common goal which is, process improvement. For this reason Lean and Six Sigma have been integrated and now known as Lean Six Sigma.
Does Lean six sigma involve high-level mathematics or stats?
There is no need to fear about statistics as training is done with the help of templates and online calculators. We do not assume any background statistical knowledge and start from basics. Online calculators are available free on our website and can be access via mobile too.
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