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.

OVERVIEW

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.

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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.

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1. HP 14

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2. Acer Predator Helios 300

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3. Apple MacBook Pro

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4. ASUS ZenBook Pro

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5. Lenovo 15.6

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6. ASUS TUF FX505DT

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7. Lenovo ThinkPad X1 Carbon

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8. Acer Aspire R 15

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9. Lenovo Yoga 730 2-in-1

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10. Lenovo ThinkPad E570

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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.

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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.

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WRAP UP

Laptops