The Monte Carlo Simulations in Excel for Risky Investments
60 Minutes
This workshop is about understanding what is behind the Monte Carlo Simulation. First, you will find out who is using simulations and for what purposes (risk analysis, operations, investments.) The next part is about having fun applying simulations - rolling dice on a spreadsheet. Once you understand how it is done, we can go into a couple of projects. One project is when we simulate a four years budget for 200 times (800 years.) The workshop will have other examples of Monte Carlo simulations.
WHY SHOULD YOU ATTEND?
Excel users that would like to learn how to use risk simulations. User should have elementary understanding of statistics and intermediate Excel skills. This workshop was taught by the presenter in the executive MBA programs, where the attendees did not have a statistical background.
- Learn how to generate random numbers.
- Practice using the random number generation for different distributions (Uniform, Normal, Discrete and more.
- Learn how to apply simulations.
LEARNING OBJECTIVES
- Random numbers generation.
- Rolling Dice using Excel.
- Simulation risk profiles of long-term capital investments.
- Practice problems and solutions.
WHO WILL BENEFIT?
- Finance
- Statistics
- Risk managers
Excel users that would like to learn how to use risk simulations. User should have elementary understanding of statistics and intermediate Excel skills. This workshop was taught by the presenter in the executive MBA programs, where the attendees did not have a statistical background.
- Learn how to generate random numbers.
- Practice using the random number generation for different distributions (Uniform, Normal, Discrete and more.
- Learn how to apply simulations.
- Random numbers generation.
- Rolling Dice using Excel.
- Simulation risk profiles of long-term capital investments.
- Practice problems and solutions.
- Finance
- Statistics
- Risk managers
Speaker Profile
Dr.Isaac Gottlieb
For more than 25 years Dr. Isaac Gottlieb has been teaching Excel workshops for MBA students in a number of universities, including, Columbia, NYU and others in the US and other countries. In addition, he taught courses of Management Science and Statistics for Managers (always) using Excel. Over 100,000 students have attended his workshops and courses over the past 25 years. He received the Microsoft MVP – Most Valuable Professional – award for the years 2014-6. “A Microsoft Most Valuable Professional (MVP) is an award for individuals who have exhibited exceptional technical expertise and a talent for sharing knowledge within …
Upcoming Webinars
Introduction to Microsoft Power BI Dashboards
By:Jackie Kiadii
Dec. 19, 2025
10:00 AM PDT | 01:00 PM EDT
How To Get Control of Your Day, Life & Career - Time Manage…
By:Bruce Lee
Dec. 19, 2025
10:00 AM PDT | 01:00 PM EDT
AI Across the Business: Practical Use Cases for Founders an…
By:Kathryn E. Strachan
Dec. 19, 2025
12:00 PM PDT | 03:00 PM EDT
Writing Effective 483 and Warning Letter Responses
By:Kelly Thomas
Dec. 22, 2025
10:00 AM PDT | 01:00 PM EDT
6-Hour Virtual Seminar on Learning the Highlights of Excel …
By:Cathy Horwitz
Dec. 22, 2025
10:00 AM PDT | 01:00 PM EDT
FDA Recommendations for Artificial Intelligence/Machine Lea…
By:Rachelle D Souza
Dec. 22, 2025
10:00 AM PDT | 01:00 PM EDT
Female to Female Hostility @Workplace: All you Need to Know
By:Dr. Susan Strauss
Dec. 22, 2025
12:00 PM PDT | 03:00 PM EDT
Leadership: Strategic Planning and Decision Making
By:Rebecca Staton-Reinstein
Jan. 5, 2026
12:00 PM PDT | 03:00 PM EDT
Language is Code - Intro to AI - Generative AI - ChatGPT an…
By:Allen Evitts
Jan. 6, 2026
12:00 PM PDT | 03:00 PM EDT
Do's and Don'ts of Giving Effective Feedback for Performanc…
By:Audrey Halpern
Jan. 6, 2026
12:00 PM PDT | 03:00 PM EDT
Gossip-Free: Leadership Techniques to Quell Office Chatter
By:Beverly Beuermann-King
Jan. 6, 2026
12:00 PM PDT | 03:00 PM EDT
Writing Techniques for Auditors and Risk Management Profess…
By:Daniel Clark
Jan. 6, 2026
10:00 AM PDT | 01:00 PM EDT
Retention Starts Here: Stop Losing Your Critical Talent and…
By:Marcia Zidle
Jan. 7, 2026
10:00 AM PDT | 01:00 PM EDT
4-Hour Virtual Seminar on Audit Proofing your Payroll Opera…
By:Mark Schwartz
Jan. 7, 2026
12:00 PM PDT | 03:00 PM EDT
Do's and Don'ts of Documenting Employee Behaviour, Performa…
By:Diane L. Dee
Jan. 7, 2026
10:00 AM PDT | 01:00 PM EDT
Cleanroom, Microbiology and Sterility Assurance Practices f…
By:Kelly Thomas
Jan. 8, 2026
12:00 PM PDT | 03:00 PM EDT
Practice Safe Stress ™: Preventing Burnout While Building R…
By:Mark Gorkin
Jan. 8, 2026
10:00 AM PDT | 01:00 PM EDT
Impact Assessments For Supplier Change Notices
By:Alan M Golden
Jan. 8, 2026
10:00 AM PDT | 01:00 PM EDT
Thriving in a Hybrid Workplace: Keys to Leadership and Team…
By:Paul Pelletier
Jan. 9, 2026
10:00 AM PDT | 01:00 PM EDT
2-Hour Virtual Seminar on DeepSeek vs ChatGPT AI for CPAs a…
By:Manish Gupta
Jan. 9, 2026
10:00 AM PDT | 01:00 PM EDT
Understanding EBITDA – Definition, Formula & Calculation
By:Justin Muscolino
Jan. 9, 2026
12:00 PM PDT | 03:00 PM EDT
How the OBBB Act will Impact Immigration Enforcement! Preve…
By:Margie Faulk
Jan. 12, 2026
10:00 AM PDT | 01:00 PM EDT
Construction Lending And Real Credit Administration: Evalua…
By:Dev Strischek
Jan. 12, 2026
12:00 PM PDT | 03:00 PM EDT
2-Hour Virtual Seminar on Outlook - Timesaving Tips and Tri…
By:Cathy Horwitz
Jan. 13, 2026
12:00 PM PDT | 03:00 PM EDT
Leadership Upskilling: Don’t Just Manage; Lead with Influen…
By:Marcia Zidle
Jan. 14, 2026
10:00 AM PDT | 01:00 PM EDT
H-1B Visa Updates and Employer Strategies for 2026
By:Melveen Stevenson
Jan. 14, 2026
12:00 PM PDT | 03:00 PM EDT
Aligning Your HR Strategy with Your Business Strategy: A Ro…
By:Pete Tosh
Jan. 14, 2026
12:00 PM PDT | 03:00 PM EDT
HIPAA 2025 – Major Changes, Latest Rulings & Guidance
By:Ms. Michael Redmond
Jan. 15, 2026
10:00 AM PDT | 01:00 PM EDT
Understanding Accounting for non - Accounting professionals
By:Richard E Cascarino
Jan. 16, 2026
10:00 AM PDT | 01:00 PM EDT
Excel Power Skills: Master Functions, Formulas, and Macros …
By:Cathy Horwitz
Jan. 27, 2026
10:00 AM PDT | 01:00 PM EDT