Best Laptops for Financial Modeling

Top 4 Best Laptops for Financial Modeling In 2022 | TECHYDIY

Being an accountant or a businessman, financial or business modeling is one of the tough tasks that need to be done very consciously for keeping yourself up-to-date with the corporate world.

Financial modeling is basically an analysis that is used to forecast a company’s performance and growth in the future, risk assessment, and then make decisions according to financial modeling outcomes.

For this purpose accountants preferably use Microsoft excel although there is also some other software available for this purpose e.g. quantrix and Maplesoft.

There are a lot of advantages that a top financial modeling laptop can offer in a business-oriented world. It provides you with time efficiency and work effectiveness.

In this article, we shall tell you about the best laptops for financial modeling, although there is no need for ultra-high-end specifications in a laptop to run MS excel smoothly still there are certain requirements that need to be fulfilled while purchasing a business laptop if you want to unload your work pressure.

 Things to Be Considered Before Buying Best Financial Modeling Laptops

  • First of all, in a corporate world where you can’t afford to be sluggish and outworn, you will have to do a lot of multitasking so a powerful processor with which you can run financial modeling software smoothly and lag-free is compulsory.
  • Secondly, Portability is one of the main specifications that should be considered while purchasing a corporate laptop because business persons usually have to attend meetings, etc. So a lightweight laptop with a slim design will be preferable.
  • Thirdly, as an accountant or a business person, you need a laptop with a high storage capacity so you can easily save your business data and financial models without any problem
  • Lastly but the important factor is good battery life. A laptop with good battery timing should be considered.

According to my opinion, I have listed and choose 4 best laptops used for financial modeling so that you can choose the best among them according to your specific needs.

Here are the brief specifications of each best laptop for accountants.

Acer aspire 5 (budget friendly laptop)

Acer aspire 5

Acer Aspire 5 is one the best laptops for financial modeling which can be used by business persons, accountants, finance students. It is one of the most affordable laptops with adequate specifications so within the purchasing power of everyone. Let’s discuss its specifications of the best laptop for accountants in detail:

Acer aspire 5Specification
Display15.6 inch HD
Screen resolution 1920 x 1080
Battery life Up to 9 hours
Storage 1 TB internal
Processor Intel core i5-8265U

Display:

Acer aspires e5 has a 15.6-inch full HD display with an IPS panel and a screen resolution of 1920 x 1080which gives you the best experience while watching high-resolution movies during your nap time. Screen colors are bright and vivid of this budget financial modeling laptop with precise clarity so you can make your financial statements on MS excel with clear screen content without straining your eyes

Design:

Usually. Underpriced or affordable financial modeling laptops don’t offer a premium design but Acer aspires 5 has been designed with premium quality. A silver aluminum lid that looks classic and great with a thin and slim design.

A spacious keyboard with a backlit feature and a built-in fingerprint reader provides easy and safe access with only one touch. Due to its thin design it’s easily portable so a good option for financial analysts, businessmen, or even accounting students.

Processor:

If we talk about its performance, powered with an 8th generation Intel Core i5-8265U, quad-core processor with which you can smoothly do your financial modeling using MS excel or google spreadsheets without any performance lag.

Storage:

If we talk about storage a storage capacity of 1TB internal storage and a RAM of 8GB which is quite good for business accountants who want enough storage capacity to store files, data, and multimedia without any problem.

Connectivity options:

We have good connectivity options for this device. We have one USB 3.1 type C Gen 1 port, two USB 3.1 Gen 1 ports (One with Power-off Charging), one USB 2.0 Port & one HDMI Port with HDCP Support

Battery life:

Additionally equipped with a strong battery life which will take up to 9 hours to get strained.so you can do all your business chores with such impressive battery life.

Operating system:

This device has been powered with windows 10 OS which has easy to use interface so as an accountant you can handle or browse multiple tabs and download the different business applications without any problem.

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Pros
  • latest and powerful processor for efficient working within reasonable budget
  • premium HD display with vivid colors
  • Budget friendly
  • Highly portable
  • Backlit Keyboard
Cons
  • Internet connection trouble

Lenovo V330 (Secure your financial data with APS integrated chip)

Lenovo V330

For your business activities, Lenovo V330 is 2nd on our list and doubtlessly one of the best laptops which can be used for financial modeling and other business-related activities. Obviously, a laptop with reasonable specifications will be enough for carrying out business activities but if want to go for a premium laptop for accountants with premium specifications then this device is a perfect option for you. Let’s discuss its specifications in detail:

Lenovo V330Specification
Display15.6 full HD
Screen resolution 1920x1080
Battery life Up to 6 hours
RAM8 GB
Processor Intel i5 7th generation

Display:

Designed with a display of 15.6 inches full HD and a screen resolution of 1920×1080 with LED-backlit and a unique 180-degree hinge which is reasonable for corporate persons to carry out their financial modeling as well as watching Netflix in their spare time. The display has an anti-glare feature with which you will have better image quality and sharp colors.

Design:

Lenovo V330 has a sleek and attractive design. The laptop material is mainly plastic with a lid that is faux-aluminum painted ultimately gives an ironic look. While the inner part has a grey design with a keyboard in light grey color and the display bezels are present on the slim side of the laptop.

Lenovo V330 has a fingerprint sensor and APS integrated chips for security purposes. A spacious good quality keyboard with a backlit and a touchpad ultimately makes accountants work much easier any time.

Processor:

Comes with a powerful Intel’s i5 processor (i5-7200U) 7th generation, dual-core with a frequency up to 2.5 GHz which is quite enough for efficient multitasking. An accountant or a businessman can do financial modeling as well as other work chores at once without having any lag in the system.

Storage:

Equipped the RAM of 8GB and a 256 solid-state drive which complements with Intel i5 Processor and speeds up your performance while using multiple apps at one time or boots uptime without having any glitch and the storage capacity is more than enough to store relevant business data.

Connectivity options:

Lenovo V330 has a good connectivity option. On the left side, we have a power jack, VGA port, a drop-jaw RJ45 port, an HDMI port, one USB 3.1 port, and one USB Type-C port. While on the right side we have an optional DVD drive, one USB 3.1 port, an audio jack, a Kensington lock slot, and a 4-in-1 card reader. Within reasonable value, this device is giving power pack connectivity options.

Operating system:

This device has been crafted with windows 10 pro-64-bit OS which has a user-friendly interface and provides easier access to different business applications and software without any lag.

Battery life:

Battery life up to 6 hours which is less than other laptops in our list but still surpasses its competitors in the market and it is also a lightweight laptop for financial modeling.

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Pros
  • A lot of connectivity options
  • Efficient performance with Intel i5 and 8 GB RAM, and 256 SSD
  • Lightweight yet easily portable
  • Spacious keyboard with backlit feature
  • Fingerprint scanner
  • Having unique feature regarding security purpose i.e. Integrated TPM chip and APS (Active Protection System)

Cons
  • Average battery life

LG Gram 15 (Overall perfect Choice for business laptop)

LG Gram 15

Despite the launch of LG gram 17 LG gram and its incredible features for accounting persons, we are still recommending you LG gram 15 because it is one of the best laptops for accountants without getting overpriced. It is the best laptop for financial modeling under 1000$. Let’s discuss its specifications.

LG Gram 15Specification
Display15.6 full HD
Screen resolution 1080 p
Battery life Up to 19 hours
Storage 256 SSD
Processor Intel i5 8250U
RAM8 GB

Display:

Updated with 15.6″ Full HD display 1080p with IPS panel and nearly bezel-free edges gives the thinner look with maximum display cover. The display has done justice with coloration as well as clarity.

As display colors are vibrant and rich while the picture clarity is also accurate so an accountant or a business person can enjoy watching movies on this device as well as crunching alphabets on excel without straining their eyes. There are variants in LG gram 15 15.6 inch, 14 inches, and 13 inches but I would recommend you the 15.6 inches with touchscreen display.

Design:

LG always stuns us with its ultra-durable designs. This device is made up of premium nano carbon magnesium metal which is stronger enough to use in different environmental conditions as it passed seven military-grade durability tests that make it the best powerful laptop for financial modeling as well. LG Gram is a financial modeling laptop with a backlit keyboard feature and a touchpad. With such a strong body and an ultra-lightweight which is remarkable so for financial analysts and accountants, this device is easy to carry anywhere everywhere.

Processor:

LG gram is packed with the latest i5-8250U processor,quad-core with a frequency up to 2.5 GHz which is more than enough for an accountant or a business person for carrying out his financial modeling as well as other business chores smoothly and efficiently with a power pack processor.

Storage:

The storage capacity of this device is 8GB RAM and a 256GB SSD which is again enough for business persons to do multitasking, run multiple applications, store important business data without any performance lag.

Connectivity options:

Keep yourself connected with gram’s versatile array of ports. In this device, we have a USB Type-C port and an HDMI port for the high-speed data transfer as type-C is the latest port which gives faster data transfer as well device power plug-in option simultaneously e.g. if you want to connect external display data you can easily connect it while your device is charging from the same cable.

Operating system:

Designed with windows 10 OS which has an easy-to-handle interface and provides the best configuration options for easy access to multiple business applications without any problem.

Battery life:

The longest battery life up to 19 hours which is totally unbelievable for a thin slim device to carry such a battery timing. so you can do all work as well as enjoyment all day long without any problem.

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Pros
  • Outstanding display with rich and vivid colors and bezel free edges.
  • Ultra-lightweight despite having a big screen.
  • Unbelievable battery life
  • Unique USB Type-C port use for both charging and connecting data at same time.
Cons
  • Relatively high price.

Apple MacBook Pro (classic and most premium choice)

Apple MacBook Pro

If you want a device that is above your requirements or as a businessman and you can afford a premium device that meets your requirements as well as adds a classic premium trait to your persona then MacBook Pro 15 is perfect for you as it is one of the premium and best laptops used for financial modeling. Let’s discuss its specifications in detail.

Apple MacBook ProSpecification
Display15 inch
Screen resolution 1080 p
Battery life Up to 10 hours
Storage 256ssd,512 ssd
Processor Intel
RAM16 GB

Display:

The MacBook Pro the recommended laptop for financial modeling and comes with a brilliant 15-inch Retina display with a true tone technology and touch bar feature, which is no doubt one of the intense and precise clarity panels available in the market.it will give you ultimate lively experience with the brightest and vibrant image quality.

Two variants according to display e.g. 13inch and 15-inch but we will recommend 15-inch display to business persons because their eyes won’t get strained by crunching alphabets on 13inch screen display.

Design:

A slim and sleek design with an aesthetic look and a durable body as compare to its competitors. Having 4 pounds weight it is extremely light to carry along with you. When we talk about its keyboard MacBook pro has the best keyboard with backlit ever, butterfly built-in mechanism in its keyboard which provides more stability and more comfort as compared to the traditional scissor mechanism.

With a touch bar and touch ID on the keyboard, you can experience more smooth, quiet typing as well as more security. So a businessman who is willing to pay for these lavish features can go for this option and get the best laptop for accountancy.

Processor:

It is present in two variants i.e. intel core i7 and intel core i9. Unlike our all above-mentioned models MacBook pro i7 is already an overpriced option so we won’t recommend you to go for the i9 option. With its Intel Core i7 powerful, quad-core with a frequency up to 2.6 GHz and a turbo boost frequency up to 4.5GHz, you can beastly be done your business tasks with a high-end performance without any lag.

Storage:

The storage capacity of 16 GB ram and the 256 SSD can be modified if you want more storage space. But for businessman or account persons this storage capacity is more than enough as excel files don’t need much space.so you can browse multiple tabs and store extravagant data files.

Connectivity options:

Comes with four thunderbolt 3 (USB-C) ports and a headphone jack with which you can keep yourself connected by transferring data easily

Battery life:

Brilliant battery timing up to 10 hours with which you can easily do your business chores as well as keep yourself relaxed by watching a movie without getting stuck to power plug-in point.

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Pros
  • Brilliant display with lively experience
  • High-end performance with powerful processor and storage
  • Long battery life
  • Best quality keyboard
Cons
  • Expensive, not in approach of everyone

Buyer’s guide

After discussing the best laptops for financial modeling and their specifications in detail, you must be aware of your choice. Now we shall discuss software requirements that you will probably use.

Microsoft office requirements:

It should be 1.6 GHz at least, 2-core processor,4 GB RAM, the display resolution of 1280 x 768 is the minimum required

Maple system requirements

The processor should be gigahertz, Intel or faster 64-bit, RAM at least 4GB, the storage capacity of 4GB is minimally required to run maple software

Quantrix modeler requirements

The processor should be at least intel 2.0 GHz, RAM 1 GB, and a storage capacity of 400MB is required to run this software.

Conclusion

We have discussed the best 4 laptops for you so you can make your choice easily. I will conclude the overall discussion with few lines.

So these were the best laptops for financial modeling if you are working from home. If you want a laptop that meets your requirements as well as with the least budget then you can go for the Acer aspire 5. If you want a laptop that is perfect for multitasking as well as inadequate budget then you can go Lenovo V330

Similarly, LG gram is the best option for the Windows operating systems and the Apple MacBook Pro is the ultimate choice for apple lovers.

Hope you will find this article helpful while making your choice.