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ModelAssist: Free Risk Analysis Training and Reference Tool

ModelAssist is the most comprehensive FREE training and reference software available! It can be used as a 'personal risk analysis expert' and has a number of distinct strengths compared to live-training and other risk analysis training products:

  • ModelAssist can help make risk analysis more consistent throughout your organization by providing best practices and defining standards.
  • Unlike 'live training', the risk analysis knowledge in ModelAssist is always available to its users. With full search capabilities, a complete index, and logical navigation, users of ModelAssist can find the answer to almost any risk analysis related question.
  • The main focus of ModelAssist is on risk analysis techniques and methods and teaching users how to do good risk analyses. ModelAssist is not meant to just teach how to use risk analysis software such as Crystal Ball and @Risk. In fact Crystal Ball and @Risk provide courses that only teach you how to use their software. While ModelAssist does show you how to set up various models, the purpose of doing so is to make the actual modeling technique or method easy so that the focus can remain on creating accurate, clear, decision-supporting, and defensible risk analysis models.
  • All techniques and methods in ModelAssist are illustrated with useful and practical examples (spreadsheets) that can easily be adapted to the user's problems. This, together with a wide range of included videos and quizzes, truly makes ModelAssist a practical tool for its users.
  • Also, by providing best practices and defining standards, ModelAssist can also help in making risk analyses more consistent throughout an organization. To assist in this, we also offer customized versions of ModelAssist, focused on an organization's specific needs and situation.

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I am about 1/10 th of the way through ModelAssist, and frankly, they should give a copy to every MBA Finance student in the country, tell them to go away for a month and study it, and come back later!!  In my view, traditional discounted cash flow models are inferior to using risk analysis to uncover, and deal with, the uncertainty that exists in a variety of corporate financial decisions.

Absolutely terrific job. For students of risk analysis, ModelAssist might be the finest presentation that has ever been created. I won't pretend I understand ALL the concepts you are trying to teach me on your disk, but
I am giving it my best!!

Brian C. Watt
Chief Operating Officer / Chief Financial Officer

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