Introduction to Financial Modeling with @RISK: Training CD Wayne Winston, author of the best-selling Financial Models Using Simulation and Optimization and Decision Making Under Uncertainty with RISKOptimizer, has developed an interactive instructional CD! In this CD, he outlines how to use @RISK and Excel to solve a wide range of real-world business problems. Professor of Decision Sciences at Indiana University's Kelley School of Business, Winston has a straightforward, practical style that appeals to both students and professionals. He walks you through step by step how to solve each problem. As he discusses the concept at hand, he performs the keystrokes and constructs the model right in front of you. The material is broken up into ten units, and each unit is further divided into logical sections. This lets you customize your learning by repeating just those sections you need to see again, or by skipping those not of interest. And because it runs off the CD, you can take it anywhere. It's like having your own personal expert teaching you where you want, when you want, and at the pace you want!   Price: $99.95

With Introduction to Financial Modeling with @RISK, it's like having Wayne Winston teaching you personally on your own computer! Click to see a full-size image of the training program.

Wayne Winston, author of the best-selling Financial Models Using Simulation and Optimization and Decision Making Under Uncertainty with RISKOptimizer, has developed an interactive instructional CD! In this CD, he outlines how to use @RISK and Excel to solve a wide range of real-world business problems. Professor of Decision Sciences at Indiana University's Kelley School of Business, Winston has a straightforward, practical style that appeals to both students and professionals. He walks you through step by step how to solve each problem. As he discusses the concept at hand, he performs the keystrokes and constructs the model right in front of you. The material is broken up into ten units, and each unit is further divided into logical sections. This lets you customize your learning by repeating just those sections you need to see again, or by skipping those not of interest. And because it runs off the CD, you can take it anywhere. It's like having your own personal expert teaching you where you want, when you want, and at the pace you want!

A users manual is also included in PDF format. This guide includes a statistical review and the step-by-step examples from the CD. Example Excel files are also included so you can experiment with them and adapt them to your own needs.

Topics covered on the CD include:

• Optimal ordering techniques
• Modeling uncertain demand
• Modeling timing and number
    of competitors
• Estimating revenue and profit
    given uncertain demand, costs, and competition
• Modeling market size and market
    share
• Simulating a new product launch
• Modeling an acquisition
• Modeling cash flows
• Modeling stock and option prices
• Computing Value At Risk (VAR)
    for a portfolio
• Using the Normal, Lognormal, Discrete, SimTable, General, Cumulative, Triangular, Triangular
General, and many other functions    
• Modeling correlations of related variables, such as price and market share
• Forecasting capital expenses or structural costs
• Fitting distribution functions to data
• And much more!

Wayne Winston has constantly been recognized for excellence in business education, including being named best MBA teacher on four occasions. He has written several books, including Operations Research, Simulation Modeling Using @RISK, and Practical Management Science, all of which are available from Palisade. He is also an independent consultant.

System Requirements: IBM PC compatible 200MHz or higher; 24X CD-ROM or faster; Microsoft Windows 98 or NT; 64MB RAM free; MPEG1 video player software; SoundBlaster compatible audio

» Download a zipped file with sample lessons from Unit 1 of the CD. (32 MB)