What is an academic staff license?

An academic staff license is a one year or perpetual ModelRisk 4 Industrial license at a large discount including maintenance for the first year. User must be a professor or PhD student in a recognized academic institute.

ModelRisk Industrial

Reasons to use ModelRisk in an academic environment

• It is an add-in to Excel, minimizing the need to learn a new modeling environment;
• It incorporates an extensive range of built-in modeling tools with applications in a wide range of fields;
• It features over 40 different visual interfaces to help the user gain an intuitive feel for the techniques being used;
• It is supported by an extensive help file covering nearly 1100 topics in risk analysis, together with over 200 example models. An online version of the help file can be viewed here. Professors are welcome to draw material from the text and examples in the help file to develop their own courses;
• Student, professor and lab licenses are available at very favorable rates;
• Academic licenses have no restrictions or watermarks.

How to order

• For verification, a letter of Confirmation of Full-time Status and order form should be filled in, signed and sent by email to academic@vosesoftware.com
• After verification and payment we will send you the license ID and password

Annual maintenance for perpetual license

This gives you access to any bug fixes, technical support for installation and software bugs or reliability issues, as well as the right to upgrade to new version releases at no extra cost. To be eligible for upgrade access the user must have held a contiguous maintenance policy. To get updates or upgrades the user must have either a current maintenance plan, must 'catch-up' the maintenance plan by paying for any elapsed time, or buy a new software license.

Maintenance is free for the first year and costs 18% of the current applicable license fee each year thereafter. Maintenance does not include advice on model building, auditing or risk analysis, but Vose Software can provide these on a consultancy basis.

You will be contacted by email the first year after the purchase of your license of ModelRisk Professional or Industrial.

If you have questions concerning your current maintenance plan or questions in general, don’t hesitate to contact us.