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Topics: Risk Management
Can anyone advise where I can get training on using Monte Carlo Simulation?
Can anyone advise where I can get training on using Monte Carlo Simulation?
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Check on Udemy, they should have some courses there.
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1 reply by Shivram Raghubar
Jul 21, 2022 4:38 AM
Shivram Raghubar
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Thank you.
Shivram -

Are you looking at it from a theoretical analysis perspective? If so, then an advanced course in statistical analysis would likely cover that.

If you are looking to use it on a project, then you might be better suited locating a suitable product such as Palisade's @Risk and then look into the training offerings for that.

Kiron
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1 reply by Shivram Raghubar
Jul 21, 2022 4:38 AM
Shivram Raghubar
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Thank you for the advise.
Jul 20, 2022 5:33 PM
Replying to Kiron Bondale
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Shivram -

Are you looking at it from a theoretical analysis perspective? If so, then an advanced course in statistical analysis would likely cover that.

If you are looking to use it on a project, then you might be better suited locating a suitable product such as Palisade's @Risk and then look into the training offerings for that.

Kiron
Thank you for the advise.
Jul 20, 2022 9:49 AM
Replying to Rami Kaibni
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Check on Udemy, they should have some courses there.
Thank you.
It is a statistical concept. You can easily find lots of free online content as well as paid one.
In a practical sense, we can best learn Monte Carlo Analysis by using a risk analysis tool and work through their tutorials or training programs . As Kiran mentioned Palisade @ Risk is one option .There are plenty of others which you will find on google .I used RiskyProject and found it suitable and easy to use.

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