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Best Laptop for Financial Modeling, It’s the task of building a financial model by performing calculations and using knowledge and skills in statistics and financial research to derive principles, rules, debt payment amounts or money flows used when specific net cash flows are generated.
Experts in business finance find it crucial to understand how net cash flows affect the well-being of a company’s performance in order to make the most well-informed decisions about its finances.
In order to analyze the financial performance of and forecast the future performance of a business, every person in finance needs a laptop at their disposal to perform their tasks excellently.
Sometimes choosing a laptop can be difficult due to a plethora of options available with different features and price points.
This article will show you what you need to consider when purchasing your next laptop, along with some suggestions for models available on the market right now.
That way, you can save time researching while making sure you get exactly what’s best for your needs.
The best business laptops should ideally be lightweight.
The one you purchase should be convenient to move around so that you can get important things done without straining yourself.
It should have a good battery life, high storage capacity to save your business models and financial plans – not to mention one that gets the job done a lot faster compared to other best laptops for small businesses.
Top Best Laptop for Financial Modeling
I want to jump straight into this list which ranks best laptops for financial modeling or finance professionals in 2022:
Apple MacBook Air
Affordable Apple Laptop for Accounting Work When it comes to Apple, we’re incredibly picky people and build quality into everything we do. The Mac book Air 13 is the perfect choice for those with a tighter budget or just don’t need as much power as some might. If you truly need the best, you can always drop an extra 500 on the latest model which will be more than capable of getting whatever accounting work done. Unless your account happens to be so elite that they were simply better off holding on to those 2 planes they had left at their old airstrip I guess? The MacBook Air 13” is an excellent choice for financial modelers due to its lightweight, powerful hardware, and retina display. It has 128GB SSD storage to allow the user to run multiple apps at once without sacrificing form or function. The MacBook Air can also be upgraded to either 256GB or 512GB depending on the amount of media you plan on storing locally. This sale item offers four color options: silver, gold, space gray, and rose gold. The 2014 MacBook Pro 13” is the smaller of Apple’s two current offerings of their consumer laptops. The body of the laptop is made of aluminum, which makes it highly durable. The laptop also offers several ports, like USB 3.0 and an HDMI port. It’s worth mentioning that all of Apple’s laptops are powerhouses at battery life (the MacBook Air lasted over 9 hours on our tests).
PROS
- Reliable build quality with a durable metal body design.
- Portable and lightweight.
- It has an Efficient and soft keyboard with a backlit feature.
- Long battery life.
- Two thunderbolts, three ports.
- replaceable battery
- beautiful high-resolution Retina display
- Touch ID authentication
CONS
- MacBook Air 13’s size might be small for some users.
- 512 GB version is costly
Acer Aspire E15
Best Processor Acer is a big brand in the laptop industry because of its high-quality components. The Acer Aspire E 15 laptop is one of their best offerings, and it’s good for accounting work too because the hardware and software are all top-notch. If you want a low-cost computer, go with this one. The Acer Aspire E 15 is definitely deserving of its place on our list for the best laptops under $500. This budget laptop comes with Intel Core i3-8130U processor, together with 6GB of RAM and 1TB of storage capacity. It may offer HDD-based storage, which is slower than SSD, but it’s good for the price tag. At this low price point, the Acer Aspire E 15 laptop offers a high-resolution display. Battery life of 13.5 hours is also commendable. With 4 GB RAM and Intel Celeron processing power, it’s hard to find faults with this product that are typical at this price point. However, it is heavier than other small laptops at 2.28kg, but it’s easy to transport thanks to chiclet keys on its keyboard for easy typing which are rare in sub-$300 laptops today. The Acer Aspire E 15 is a professional grade laptop computer that has been specifically designed for use by finance majors. If you can handle a larger and heavier device than the “ultra light” category of the Aspire E 15 class, then this product will fit your accounting needs perfectly because it comes with high quality components at an affordable price.
PROS
- Commendable features at an affordable price
- Acer Aspire E15 has 15 inches full higher definition screen
- It has a good image quality
- Good performance
- It has a large storage capacity with significant memory
- It is also available with Microsoft Office 365 Home and SSD storage
- Good battery life
CONS
- It is heavier than other laptops and old in design
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Apple MacBook Pro
Most Premium Choice MacBook Pro is more than an ordinary laptop. It has the most advanced and powerful hardware configuration of its class; it comes with a fast Intel Core i7 quad-core and more than 10 hours of battery. The new MacBook Pro 13-inch that was released in November 2018 is a highly attractive machine. It features powerful components that include a retina display and Touch Bar, an 8th Gen processor and double memory (8GB), and 256GB of SSD drive storage. Apart from this, the former owners of Apple laptops will be excited about the brand new touch bar to experience its advantages such as faster action, easier identification of different commands, and increased screen space. The MacBook Pro is a high-general purpose laptop that is bundled with iOS, cloud services like iMessage/FaceTime, and Final Cut Pro. The MacBook Pro has 4 USB-C Ports plus 1 headphone jack; 2 Thunderbolt 3 (USB C) ports for charging; Headphone port; display port; SDXC card slot for storage; full-sized keyboard with Touch ID Fingerprint identification. Convenient features like swipe to go back function make the MacBook Pro an ultimate high performance computing device.
PROS
- The first pro is that it has a great sleek design, making it quite appealing to the eyes
- It is easy to carry
- It has fast boot times
- Anytime you require it to reboot, it will only take several seconds to do so, saving so much time when you are busy
- Lastly, the Touch bar adds a great feel to the laptop making it efficient for you when in a hurry to finish up any work
- It acts as a shortcut to speed up your workflow
CONS
- The only con the MacBook Pro has is that it is expensive to purchase, especially for students
Dell XPS 15 2-in-1 Laptop
Best 2 in 1 laptop In the laptop scene, Dell Computer is a household name. Featured as one of the best selling computers online, it is highly rated as being one of the most exclusive laptops on the market today. It’s a redesign from their previous model of Dell XPS 13 and comes with improved features like an 8th Generation Processor and AMD Vega graphics which allows for both business and finance students and professionals to take advantage of this high-quality laptop. The Dell XPS 15 is a brilliant device for finance professionals when it comes to accessing MS Excel. This cutting-edge laptop qualifies as a great option for any aspiring finance professional’s laptop collection because of its high performing 8th Gen processor, 16GB RAM, and storage.
PROS
- The Dell XPS 15 2-in-1 is very light in weight for its size,
- Dell XPS 15 is that it has splendid power, a practical feature for professionals
CONS
- The only downside of the Dell XPS 15 is the loud fan noise as the laptop runs
Lenovo V330
Enhanced Performance The Lenovo V330 laptop is ideal for accountants, especially when financial data has to be entered on spreadsheets. It has an ergonomic design that will keep energy consumption under control and it comes equipped with a high-quality keyboard for ease of use that’s why it is the best choice for any accounting-related tasks. This laptop is quite convenient for accountants. It’s clear that the laptop keyboard was designed to be placed farther Best Laptop for Financial Modeling away from the edge of the screen so that it would take up less space. The result is a more compact device that professionals working in finance can carry around with ease. This can be seen by the touchpad placement, where it is placed more towards the left than the middle. It makes it so much easier to use for these professionals, especially when it comes to financial matters, as all numbers are usually placed on the left side of each line of text so fingers have less distance to travel between keys and figures. There is a good and a bad side to this laptop. If you want something portable for traveling, it’s not the best choice. But if you want a laptop that will work from wherever you are, stay put in your office for some time before transporting it back home, then this is a laptop fit for you.
PROS
- Great 15.6-inch full HD display
- Its screen has an anti-glare finish
- It performs faster with the 7th gen i5 processor, 8GB RAM, and SSD storage
- It has an Accessible keyboard with a backlit feature.
- Fingerprint sensor-enabled
- Integrated TPM chip
- It has an APS (Active Protection System) for data security
- It is lightweight and slim in design
CONS
- Battery life is not that great, not very bad, though
Lenovo Yoga 730
Overall Best The Lenovo Yoga 730 is uniquely built for small businesses because it serves as a great multipurpose device that has a durable build and a bright screen. It retails at a fair price point and can be purchased from discount retailers online or in your neighborhood. Moreover, the new Lenovo Yoga 730 is a pleasing color that comes in a light, slim design. In addition, it has an Intel Core i5-8250U processor and 8GB of high capacity DDR4 RAM memory. So after considering this new Lenovo Yoga 730 2-in -1 laptop for this best laptop for financial modeling list, we have come to realize how perfect it is for financial modeling because of its excellent performance and amazing hardware. Oh! And I forgot to tell you that it’s a 15.6-inch touchscreen laptop with a 1920 x 1080 pixels resolution and an eye-popping, wide view of up to 178 degrees. It also gets amazing visuals because of its crisp color quality. Overall, the Lenovo Yoga 730 is the best standard touchscreen laptop for accounting and financial purposes in 2022 at a reasonable price range.
PROS
- Splendid full HD touch screen wide-angle view with crisp color quality
- It has a unique 2-in-1 design with a lightweight and standard body
- It offers powerful performance and long battery life with one charge
- Bigger SSD storage capacity for the fastest speed
- It has a Thunderbolt 3 (USB Type-C) fingerprint sensor and backlit keyboard feature
CONS
- Keyboard fault, as there is no numeric keypad at the right
Conclusion
Best Laptop for Financial Modeling, in conclusion, there is no best laptop for financial modeling. However, this Windows-based computer hands down would be the most convenient choice for completing your financial models.
There are multiple reasons why a full setup is preferred over a smaller portable one, including the ease of access to shortcuts on a larger keyboard and greater processing power to ensure better performance while still being mobile enough to work outside the office.
When considering your options for laptops to use within the financial sector, there are certain requirements that should be taken into account before making a purchase.
This is because certain features are crucial for managing business data using financial modeling applications.
Thus, the best laptop for financial modeling or finance major must be able to handle numerous programs at once, have a high-resolution display, be light enough to carry around without feeling weighed down and ideally offer security protections for retail purchases.
Hello, My name is Shari & I am a writer for the ‘Outlook AppIns’ blog. I’m a CSIT graduate & I’ve been working in the IT industry for 3 years.
Last update on 2022-06-13 / Affiliate links / Images from Amazon Product Advertising API