Vose Software offers substantial discounts to academic institutes and students, as follows:
(1) Network concurrent licensing allows sharing a limited number of ModelRisk licenses among a larger number of users. The minimum order is five simultaneous connections and it is more cost-effective if 15 or more users work with ModelRisk.
(2) ModelRisk Classroom packages are intended for professors who wish to use the ModelRisk software in a single classroom environment. ModelRisk Classroom packages allow universities to install the software on up to 60 computers, making it an ideal introductory package for professors and schools seeking to use ModelRisk on a limited scale
(3) ModelRisk University packages is ideal for academic institutions seeking to rollout ModelRisk across all their campuses. The annual campus license can be accessed by the entire student body as well as the teaching staff, all at extremely competitive rates. You can equip various schools and classrooms, and allow your entire teaching body access to the software. A minimum of 500 users is required. Licenses can be deployed on individual computers or in a network environment.
ModelRisk has been the innovation leader in the marketplace since 2009. It was the first to incorporate many techniques that are now considered standard best-practice in Excel-based risk analysis. See more
We recommend you compare ModelRisk against other similar tools in the market. ModelRisk offers savings of around 50% compared to similar products yet offers more features, and greater customer support.
Complete integration with Microsoft Excel. Though others may claim the same, ModelRisk is the only risk analysis add-in that is 100% compliant with Excel calculation rules.
Simple by design, ModelRisk helps you build error-free models intuitively: error checking on all functions, many visual user interfaces, comprehensive integrated help file with example models and videos, template reports, and more.
ModelRisk is the fastest simulator in Excel. It has three times the functionality of its nearest competitor. It offers unique functionality that can hugely simplify and speed up your models. ModelRisk incorporates virtually every probability distribution used in any field. Whilst you may well only need a few of them, depending on the application you need ModelRisk for, you are almost guaranteed to find the ones that are commonly used in your field of work.
ModelRisk integrates seamlessly with Microsoft Excel, preserving your existing models and formulas. There is no need to rebuild spreadsheets for risk analysis – you simply enable ModelRisk in your current workbook and start running simulations immediately.
ModelRisk offers an extensive range of probability distributions, custom functions and correlation options. You can tailor every aspect of your risk model to reflect real-world uncertainty, from simple triangular estimates to sophisticated joint distributions and copulas.
No statistical background is required to use ModelRisk. Its intuitive interface, guided distribution picker and built-in templates let you set up and validate models in minutes. Comprehensive help resources and worked examples ensure a smooth learning curve.
ModelRisk is one of the fastest simulators available for Excel, capable of running millions of iterations in seconds. Advanced reporting, custom charting and batch processing give you the performance you need to analyse complex models with confidence.
Licenses are offered subject to the institute’s adherence to Vose Software’s academic terms and conditions. To organize this installation, a member of the institute’s IT department should complete and submit the following form: