Best Laptop For Financial Modeling

Best Laptop For Financial Modeling – Great, you finally reached here, I hope you have been already selected your best financial modeling laptop. Don’t worry if you haven’t decided till yet, I am here to help you.

The laptops mentioned below are all suitable for business chores. They have all the necessities of a good business laptop.

In this regard, they have high-performance specs. Their processor is powerful enough, and memory is adequate. Therefore, you can work with 3D applications and business models. You won’t encounter any lag or slowdown. Moreover, they offer durable battery performance. You can work for long hours without interruption.

These laptops also excel in the mobility department. Their compact size and lightweight is a convenience. Thus, carrying it around in your backpack is easy. You can conveniently take it to your office.

You get to save loads of your work, files, and plans. Dealing with business management has never been this much easy. No doubt, these laptops stand among the best laptops for financial modeling.

Best Laptop For Financial Modeling – ROUND UP

Laptops offer a wide range of benefits for business chores. You have a large number of business applications for aid. Thus, you can work with business models on these laptops. You can analyze, gather, and store all your data. In this regard, a good laptop with high-performance specs in necessary.

1. HP 14

You probably know that HP’s Pavilion brand is for consumer PCs priced and positioned below its upscale Envy and Spectre lines. But Pavilion is only the second-lowest rung on HP’s notebook-PC ladder. Its budget laptops have no brand at all, just a generic family name: “HP Laptop.”

Take the HP Laptop 14-dq2020nr . The 14-dq2020nr is every inch an economy model, with just 4GB of RAM and a 128GB solid-state drive—half the memory and storage we consider today’s minimum—but it’s a workable introduction to Windows if you don’t want to consider a Chromebook.

2. Acer Predator Helios 300

The Predator Helios 300 is a gaming laptop in the 15.6-inch format. The device is powered by a Core i7-10750H processor and a GeForce RTX 3070 laptop GPU. Competitors include devices like the Aorus 15G XC, the MSI GS66 Stealth 10UG, and the Asus ROG Strix G15 G513QR.

Since we’ve already reviewed one of the Predator’s sister models, we won’t go into the case, the connectivity, the input devices, and the speakers. The corresponding information can be found in the review of the Acer Predator Helios 300 PH315-53-77N5. It’s also worth taking a look at the review of the similar predecessor.

3. Apple MacBook Pro

The MacBook Pro 13-inch (M1, 2020) is a watershed moment for Apple’s Pro line. That’s because, along with the MacBook Air (M1, 2020) and the Mac mini (M1, 2020) that launched at the same time, it has moved Apple into a new era. Instead of using Intel CPUs that have powered all of the company’s computers for a while now, it uses the new Apple-made M1 chip. This upgrade to the laptop line is the first truly big leap that it has seen in a long time.

That’s not to say that it looks all that different from previous models. In fact, as big of a change as the M1 chip is, it’s the only big upgrade the Pro 13-inch gets. If you have a 2019 or even an early 2020 model, for instance, you’ll probably want to wait a few generations before getting a Pro with an M1 chip. However, it’s still a big update.

4. ASUS ZenBook Pro

The ZenBook Pro Duo’s main screen is a 4K OLED display with a native resolution of 3,840 by 2,160 pixels. The ScreenPad Plus (the skinnier screen) itself is located forward of the keyboard and south of the main display. It also has a 4K-width resolution, but it’s shorter in the other dimension (3,840 by 1,110 pixels) and isn’t an OLED screen.

Together, these screens are an arresting sight to behold. Few other laptops you can actually buy offer this much screen real estate, though prototypes suggest that more are on the horizon, albeit likely a distant one.

5. Lenovo 15.6

Let’s start with two good—well, pretty good—things about Lenovo’s IdeaPad 3 15 ( for the model 15ADA05 we tested). It has 8GB of memory, while some rock-bottom budget laptops have an inadequate 4GB. And not long ago, such an economy model would have had a lowly 1,366-by-768-pixel display instead of the IdeaPad’s full HD (1,920 by 1,080) resolution. Otherwise, though, this 15.6-inch slab of silver-gray plastic is hard to get excited about.

It will suffice for browsing, email, and homework, but its performance is tepid, and it lacks basic comforts ranging from a backlit keyboard to a USB Type-C port, seen in some other economy models we’ve tested in recent weeks. One, the Asus VivoBook 15 (F512JA), is a better 15-inch machine for the same price, while the MSI Modern 14 is an Editors’ Choice winner if you want to go a little smaller. Of course, upping your budget to $600 or $700 will get you a much more enjoyable notebook.

BUYER’S GUIDE

Great, you finally reached here, I hope you have been already selected your best financial modeling laptop. Don’t worry if you haven’t decided till yet, I am here to help you.

On the other hand, if you do multi-tasking or use some other programs, then you need to opt for an i5 laptop. It will make your work interruption-free and eliminate the risk of handing or freezing. Even I would say unless you have a tight budget, you avoid the Intel Core i3 laptop, this decision will make your laptop future proof.

Here are the latest Microsoft Office 2019 system requirements:

For Windows

  • Processor: 1.6 GHz or faster, 2-core processor, 2.0 GHz or faster recommended for Skype for Business
  • RAM: 4 GB, 2GB (32-bit)
  • Storage: 4 GB available space
  • Display: 1280 x 768 or higher screen resolution
  • Graphics: Graphics hardware acceleration requires DirectX 9 or later, with WDDM 2.0 or higher for Windows 10
  • Operating system: Windows 10, Windows Server 2019

Remember, Microsoft Office 2019 is not compatible with Windows 7 or 8/8.1. However, if you’re using Office 365 it would work with Windows 7 SP1 and Windows 8/8.1. 

For Mac

  • Processor: Intel processor
  • RAM: 4 GB
  • Storage: 10 GB of available disk space
  • Display: 1280 x 768 or higher screen resolution
  • Graphics: No graphics requirements
  • Operating system: Three most recent versions of macOS (from 2019)

Maple 2018 System Requirements.

For Windows

  • Processor: gigahertz (GHz) or faster 64-bit (x64)
  • RAM: 4GB
  • Storage: 4GB
  • OS: Windows 7/8.1/10

For Mac

  • Processor: 64-bit, Intel
  • RAM: 4GB
  • Storage: 4GB
  • OS: macOS 10.14, 10.13, 10.12, 10.11

Quantrix Modeler Version 6 requirements.

For Windows

  • Processor: 1.0 GHz
  • RAM: 1GB
  • Storage: 400 MB
  • OS: Windows 7

For Mac

  • Processor: Intel 2.0 GHz
  • RAM: 2 GB
  • Storage: 400 MB
  • OS: OS X 10.6

As you can see, we don’t need very higher specifications for financial modeling laptop. Now let’s go some deeper and find out, which features deserves more investment for accounting work.

Frequently Asked Questions

As we have seen, we need an Intel processor at least with 2GHz and 2 cores. As much higher the clock frequency (GHz) the higher the performance will be, while extra cores allow to performs multi-task simultaneously. There are many good processors in the Intel Core i3 lineup, which will be great for our financial modeling laptop. For example – Intel Core i3-5010U, i3-7167U, and i3-8145U. But, until you’re not on a very tight budget, I don’t recommend to go with an i3 laptop.

You should choose at least an i5 processor, especially if you use more programs on your laptop. It will make your laptop future-proof, and won’t hurt your productivity by hanging or freezing often. There are many amazing processors are available in the Intel’s i5 lineup which provides outstanding performance without sucking too much battery life. For example – Intel Core i5-8265U, i5-8250U, i5-7200U, and i5-6200U

Remember, don’t go with H (High-performance graphics), HQ (HPG, quad-core) or HK (HPG, unlocked) product line processor, they are recommended for gaming or very high performance. While U (Ultra-Low Power) and Y (Extremely low power) product line processor tend to work on low power and ensure better battery life, as I suggested above.

Usually, 4GB RAM is pretty enough for financial modeling in most of the cases, but you may need to opt for even more memory if you do multi-tasking. If you’re a Chrome user and play with multiple tabs, then 8 GB RAM is strongly recommended. The higher memory allows to run multiple programs and switch between them faster, however, most of the laptop provide upgradability feature. But, if you’re picking a compact and slim laptop, then it likely won’t allow upgrading memory in the future, therefore, you need to keep in mind before making a purchase.

It is a very basic requirement, as we have seen for Microsoft Office or other financial modeling software, we’ll need only 4GB available storage space. Therefore, even small storage drive like 128 GB can work for us. But if you have lots of data then you can go according to your requirements.

But the real question is that, do we need an SSD in our laptop for accounting work?

I would definitely say yes! Because the SSD provides faster data access, it can boost our system speed tremendously. From computer startup to programs launching process will be very fast. Moreover, if you’re using the search function, it would work instantly.

Comparatively, SSDs are usually expensive than the traditional HDD, but we don’t need a very large capacity drive, therefore, it would be definitely a great idea to go with an SSD.

Well, size depends on your requirements, if you’re always on-the-go then a portable laptop would be great for you. On the other hand, if you are going to work with a stable setup then you can opt for a big laptop. However, in most cases 15.6-inch laptop works best, it is enough big to see what you’re doing and won’t dominate over you. For those who need a portable device, a 14-inch laptop could be the best choice.

In terms of resolution, as you have seen we don’t need a very higher resolution display according to our software needs. However, nowadays full HD resolution is very common, and we can easily get it even budget laptops.

Does keyboard quality is important for an accounting laptop?

Absolutely it is, as a financial analyst, you definitely type a lot, therefore, a keyboard quality matters. A good keyboard allows to type without applying too much force and gives feedback on every key registration to ensure an accurate working.

Unfortunately, laptops have somewhere lack of mechanical keyboard, which is the best choice of most of the typists, programmers or those who type a lot. On the laptops, you’ll mostly find the membrane keyboards. However, there are many great laptops with membrane keyboard are available which provides very accurate and easy typing.

Another thing to consider about the keyboard is, look for dedicated num pad, if you’re habitual to work with it. Because most of the modern and compact laptops are no longer coming with that.

If you have a stable setup and looking for the best typing experience, you might need to invest in an external mechanical keyboard.

How much battery life is good for a financial laptop?

As I said in the processor section, try to get a laptop with a U or Y product line processor to ensure good battery life. Moreover, if you choose SSD instead of HDD then it can preserve even more battery. If you working with a stable setup then you don’t need to think about the battery life too much, it is for those who work remotely or on-the-go.

Usually, a good battery should be able to juice up a laptop at least for 6+ hours. The laptops which I have selected for this rundown have sufficient battery life, therefore, you don’t need to worry about that.

WRAP UP

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