Financial modeling is a great tool most companies use to anticipate how their stock performance might be affected in the future, based on certain events or executive decisions. Financial modeling involves creating a summary of a company’s expenses and earnings, in the form of a spreadsheet using software such as MS Excel, Quantrix, GIDE. Today, financial models are key decision-making tools for companies because they offer an abstract representation of a real world financial situation.

If you work as a financial analyst or accountant for your firm, you’re probably wondering which type of laptop can cover your financial modeling needs. Most financial models are made with MS Excel, which most laptops can run with no issues. However, there are a few things that can speed up your workflow.

One of them being a separate numeric keypad on your keyboard, to make the best use of your spreadsheet software during data-entry and accounting tasks. Most laptops, today, are designed in a way to be as portable and thin and possible, resulting in a loss of that sweet numeric keypad. For some people, a separate number pad is useless, but if you are like me, and want a separate number, you can check our article here, with some of the best laptops with number pad available right now.

What to look for when choosing a laptop for financial modeling?

You’ll need to consider a few hardware specs when purchasing a laptop for business and work. We wouldn’t recommend picking one with a processor lesser than an 8th generation Intel Core i5. Then, the amount of RAM that is the standard to go is about 8 GB. That is sure going to help when performing multitasking activities, or running fairly demanding software like MS Excel. When it comes to storage unit, SSDs are usually more expensive than your traditional HDD storage. Although, they’ll dramatically boost the speed of your laptop’s booting and help running software in the smoothest way. There are hybrid options available, with both a SSD and a HDD for additional storage space. Choosing a laptop that covers all of the aforementioned specs will guarantee you to have a lasting companion, for running the latest versions of your software in a rather comfortable and smooth way.

If you’re still feeling insecure about your next laptop purchase, you’ll better pick the one that suits your lifestyle the most. Having a thin and lightweight laptop is best if you’re going to carry it along with you in your daily commute routine. A strong and durable chassis is always a good plus, because accidents may happen. On the other hand, you could prefer to focus on a machine that comes with a good looking laptop, for your eyes’ more comfortable experience.

With that being said, let’s have a look at our top five picks laptops for financial modeling.

Best Laptops for Financial Modeling:

Acer Aspire E 15 E5-576G-5762

The Acer Aspire E 15 E5-576G-5762 is a great all-purpose, entry-level 15.6” Full HD laptop. The Aspire E15 is equipped with an 8th generation I5 processor, 8GB of RAM, a 256GB solid state drive and a dedicated Nvidia GeForce MX150 graphics card.

The Aspire E 15 offers a consistent performance and stays very responsive thanks to the included SSD, and the fast RAM. The Aspire E15 is a great choice if you’re looking for a reliable budget laptop for Financial Modeling as well as other daily tasks. And in case you need more power, the RAM is expandable to 32GB, and you can add a second hard drive too.

The Aspire E15 also offers great battery life: while Acer claims it can last 15 hours, you can expect an average of 8 hours or more in real world use, which is excellent at this price range!

Processor Intel Core i5-8250U Processor
RAM 8GB
Storage 256GB, SSD
Graphics Dedicated, NVIDIA GeForce MX 150
Screen 15,6 inch, 1920X1080, IPS
Connectivity and Ports 1 – USB Type C  port

2- USB 3.0 port

1- USB 2.0 port

1 – HDMI port,

Card reader, Bluetooth 4.1, DVD/RW

Battery up to 15 hours battery life

Asus P2540UB-XB51

At a slightly higher budget, we recommend the ASUS P2540UB-XB51. It’s a laptop coming from the Pro Series of the company, featuring a 15.6” Full HD display. It’s packed with an 8th generation Intel Core i5 processor, 8 GB of RAM and 256 GB of solid state drive. The ASUSPRO laptop comes with a dedicated Nvidia GeForce MX110 graphics card.

The ASUSPRO is a great option if you’re looking for raw performance, rather than good looks. Thanks to its dedicated graphics card, you’ll have no problem running your spreadsheet software and multitasking at the highest speed.

The ASUSPRO is designed in a way that is easily RAM upgradeable, for even more power. If offers an impressive battery life, that is 9 hours on casual usage. On top of it, it includes a fingerprint reader and the Windows 10 Pro operating system.

Processor Intel Core i5-8250U Processor
RAM 8GB
Storage 256GB, SSD
Graphics Dedicated, NVIDIA GeForce MX 110
Screen 15,6 inch, 1920X1080, IPS
Connectivity and Ports 3- USB 3.0 port

1- USB 2.0 port

1 – HDMI port, VGA

Card reader, Bluetooth 4.1,

Battery up to 9 hours battery life

Asus VivoBook Pro 17 

The Asus VivoBook Pro 17 is a thin and portable 17.3” Full HD laptop. It features an 8th generation Intel Core i7 processor, 8 GB of RAM, 256 GB of solid state drive and an additional 1 TB of HDD storage space. It’s also packed with the entry-level Nvidia GeForce MX150 graphics card.

The VivoBook Pro 17 is a rather powerful machine, with a wide screen for having large spreadsheets displayed and running your multitasking activities. It also features a backlit keyboard with a separate numeric keypad, and the nice addition of the latest USB Type-C port.

Although it’s a 17.3 inch laptop, the VivoBook Pro 17 is a rather thin and portable laptop that will not be a heavy burden in your computer case. For its price range, it offers a great amount of sheer performance, coupled with a wide screen view.

Processor Intel Core i7-8550U Processor
RAM 8GB
Storage 256GB SSD + 1TB HDD
Graphics Dedicated, NVIDIA GeForce GTX MX150 with 4GB of GDDR5
Screen 17,3 inch, 1920 x 1080 IPS
Connectivity and Ports 1 – USB Type C

1 – USB 3.1

2 – USB 2.0

1 – HDMI port

Card reader, Bluetooth 4.2

Battery Up to 7 hours battery life

Lenovo ThinkPad E580

Next, we have the Lenovo ThinkPad E580, a high performance professional laptop, with a 15.6”, anti-glare Full HD display. It’s packed with an 8th generation Intel Core i7 Quad-Core processor, 32 GB of RAM and a great deal of 1 TB of solid state drive. The ThinkPad E580 features an integrated Intel UHD 620 graphics card.

The ThinkPad E580 is a great choice if you’re already a professional, with solid experience and income from your job. With its ergonomic keyboard, the fingerprint reader and the included Windows 10 Pro OS, you’ll definitely upgrade your computing experience overall.

The ThinkPad E580 also offers great connectivity options, including a new USB Type-C port. Its battery life is guaranteed to last up to 4-6 hours of power usage, enabling you to run the most demanding software on the go.

Processor Intel Core i7-8550U Processor
RAM 32GB
Storage 1TB, SSD
Graphics Integrated, Intel UHD Graphics 620
Screen 15,6 inch, 1920×1080 Anti-Glare IPS
Connectivity and Ports 1 – USB Type C  port

2- USB 3.1 port

1- USB 2.0 port

1 – HDMI port,

Card reader, Bluetooth 4.1, DVD/RW

Battery up to 8 hours battery life

LG Gram 17Z990-R.AAS8U1

The LG Gram 17Z990-R.AAS8U1 is another high-end, thin and light 17.3” WQXGA (2560×1600) laptop. It features an 8th generation Intel Core i7 processor, 16 GB of RAM and 512 GB of solid state drive.

The Gram 17 is a powerful performing machine, offering a backlit keyboard with a separate number keypad, with the nice addition of the latest USB Type-C port for the fastest data transferring. One of the main reasons why the LG gram is a good laptop for financial modeling is its nice, high definition and wide viewing display. Thanks to the big display, you’ll be able to see your spreadsheets and run multiple windows side by side at the same time.

On top of that, the LG Gram 17 offers a battery life up to 19.5 hours on average use. At this price range, you might have some trouble finding another laptop this thin and light, while also being powerful and featuring a wonderful display.

If you think that a 17 inch is too big, the LG Gram also comes in 15,6 and 13,3 inch variants:

Click here for the 15,6 inch version.

Click here for the 13,3 Inch version.

Processor Intel Core i7-8565U Processor
RAM 16GB RAM
Storage 512GB, SSD
Graphics Integrated, Intel UHD Graphics 620
Screen 17,3 inch, 2560 x 1600 Anti-Glare IPS
Connectivity and Ports 1 – USB Type C  port// Thunderbolt

3- USB 3.1 port

1 – HDMI port,

Card reader, Bluetooth 4.1,

Battery up to 19,5 hours battery life

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