Training
Software alone doesn’t make a risk analyst. Our courses teach the method along with the tools, online or at your offices, for analysts, project teams and the managers who use their results.
Why train
Buying a copy of Word won’t make you a poet, and buying risk analysis software doesn’t make anyone a risk analyst. It is an essential start, which is why our courses teach risk analysis as well as the software.
We get few questions about where to click, and many about risk analysis itself, such as which distribution to use.
When we audit risk models we often find beginner mistakes with a large effect on the results, even in models built by a company’s designated risk analysts.
Our help, videos and example models are enough to learn the software with time and effort. A trainer gets you there faster and answers questions as they come up.
Courses
Each course is planned with you: who it is for, the topics, your industry and how it is delivered.
Managers new to risk analysis who want to see how it can help them.
What risk analysis is, setting a risk appetite, organising risk governance, using the results in decisions, what to settle before you ask for a risk analysis, describing a risk management strategy, and judging how robust the results are.
People who are going to use our software.
Built around one or two example problems that bring in the features one at a time, so people see what each feature is for and use the software themselves.
ModelRisk
Tamara
ModelChoice
Pelican
Analysts who want to improve their risk analysis skills.
Can focus on your industry, such as pharma, engineering or finance, and on the problems you model, such as discounted cash flow, sales forecasting or reliability.
One analyst who wants support over time.
One-to-one training, usually a short course first and then sessions whenever you need them.
Formats
Pick by group size, depth and budget. Each format has trade-offs, and we’ll tell you which one suits your goal.
At your own pace
Essentials of Business Risk Analysis Modeling (opens in a new tab) on Udemy: lectures, examples, exercises and optional tests on building a sound business risk model. Recorded by our co-founder, the late David Vose. The lowest-cost way to learn.
You getThe course, and the Essentials of Business Risk Modelling badge (opens in a new tab) from Vose Software once you pass the exam
1 to 3 days
One trainee and one trainer on a video call, sharing screens and files both ways. No travel, and the course can be split up to fit your calendar and time zone.
You getExample models and the slides
Half a day to 1 day
A live session for a group in Microsoft Teams. The lightest on cost and time, but with little one-to-one contact and few exercises, so it suits an introduction to the software or a single topic.
You getThe live session and a recording
2 to 4 days
At your offices or a venue near you. The most productive format: plenty of questions, hands-on exercises and time to look at problems your company needs to solve. For five people or more it is often the most cost-effective.
You getExample models and the slides
Open to everyone
We run these with The Ferryfield Group, our accredited training partner. Dates are announced on our Events page and in the panel at the top of this page.
Free · 1 hour · online
A live introduction to Monte Carlo simulation in Excel with ModelRisk: building and running a simulation, reading the results and finding the inputs that matter most. No previous experience needed. Held about once a month.
See the next date →Free · 1 hour · online
One topic in depth with worked examples, such as choosing the right probability distribution or modelling time series.
See upcoming events →2 days · live online
Two four-hour sessions, beginner to intermediate: risk analysis basics and the ModelRisk interface, a first model and risk register, then results, sensitivity analysis, what-if scenarios and reports in Excel.
Ask for the next date →Online · half a day
Talks on simulation and decision-making from risk practitioners and the Vose team, hosted with The Ferryfield Group.
See upcoming events →Learn on your own
Study at your own pace, then bring your questions to a course. A free ModelRisk trial lets you follow along.
A free online risk analysis manual of about 1,000 pages: techniques, equations, tips, and the ModelRisk functions.
Open the Risk Wiki (opens in a new tab)Short videos that show how to set up and run a model in ModelRisk.
Watch the videos →Worked risk analysis models in Excel that you can open, run and take apart.
Browse the examples →Beyond courses
Our partners teach risk analysis with Vose software in their own region and language.
Find a partner →We build risk models, or review yours before a critical decision or a public review.
Consulting services →Download the free trial and follow the videos, guides and example models.
Download the trial →FAQ
A trial is enough. Bring your own computer with a trial or full version of ModelRisk installed, and ideally a second screen, so you can follow the exercises.
Yes. Risk analysis modelling courses can focus on an industry, such as pharma, engineering or finance, and on the problems you model, such as discounted cash flow, sales forecasting or reliability.
Both. Individual and group courses run online, and group courses can also run face to face at your offices or a venue near you.
A group online course takes half a day to a day. An individual online course takes one to three days and can be split up to fit your calendar. A face-to-face course usually takes two to four days.
The self-paced online course leads to the Essentials of Business Risk Modelling badge from Vose Software, issued on Credly once you pass the exam.
Risk analysts from the Vose team and from The Ferryfield Group, our accredited training partner. Our partners in other regions also teach in their own language.
Webinars and masterclasses are free. Courses are priced for your group size, format and length, so ask our team for a quote.
Tell us who needs training, what they model and how you’d like it delivered, and we’ll suggest a course.
