Professor Spyros Makridakis is one of the world’s leading experts on forecasting, and also the creator of the world’s preeminent forecast competition, the M Competition. He is hosting an Applied Forecasting Course at his forecasting center, the Makridakis Open Forecasting Center (MOFC).

The Applied Forecasting Course is a six week online course starting on May 24th, 2021, covering all types of forecasting in both time series and regression, offering concrete insight to businesses on how to improve their accuracy, realistically estimating the uncertainty in their forecasts and its implications to risk.

The price of the course is €2,000, however, IIF members and friends can get €500 discount on tuition fees! In order to proceed, please follow this link and use the promo code IFF500 for your discount!


There will be an emphasis on hands-on learning by encouraging participants to use actual data to both predict and estimate the uncertainty of their forecasts and its implication to risk. This is an opportunity to harness 40 years of Professor Makridakis’ knowledge and experience, and master forecasting in just six weeks.

In addition, Dr. Cirillo will cover extreme events and fat-tails, and their implications to forecasting and uncertainty, while Dr. Spiliotis will present both the traditional statistical forecasting methods, and the more advanced, Machine Learning ones.

Each week will be broken down in the following way:

Week 1: The Basis of Forecasting
Week 2: Data for Forecasting
Week 3: Statistical Methods
Week 4: Explanatory and ML/DL/CL Methods
Week 5: Forecasting Packages
Week 6: Forecasting Applications

To learn more about this exciting course, please contact Nick Assimenos for more details!

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