The specialized skills of forecasting are tools of the trade for the analysts employed by businesses, banks, insurance companies, governments, and other organizations. By combining financial modeling expertise with a study of historical trends and data within a specific industry or geographic area, they seek to provide actionable insights to guide investments and other planning decisions.

According to the Bureau of Labor Statistics, financial analysts earned a median income of $85,660 per year as of 2018. They typically have at least a bachelor’s degree in the field of finance, economics, statistics, or mathematics, although professionals with a master’s degree in finance or business administration may be able to advance to higher-paying roles as fund managers or portfolio managers directly responsible for putting forecasts to use.

Yes, you certainly can. Coursera has partnered with top-ranked universities like the University of Pennsylvania and Emory University, as well as the Institute for the Future, to offer a wide range of courses in forecasting and related topics such as business analytics and futures thinking.

These courses and Specializations can equip you with the tools you need to build the powerful financial and economic models relied upon by decision makers in both the private and public sector. And, with the ability to learn remotely on a flexible schedule, you won’t need a crystal ball to fit an online education in forecasting into your own plans for the future.