Sharique Tharani is a tech-savvy gadget-freak entrepreneur with 15+ years of expertise in sales, marketing, and software relations. He is currently working for 3D CAD Pytha India and regularly contributes to reviewing gadgets for nosware.com
Last Updated on October 25, 2023 by Humera Hallari
Excel modeling is must known skill for professionals irrespective of the field they are working in. While searching for the best laptop for Excel modeling it is very important to know the exact system requirements and laptop specifications. Here in this article, I have mentioned the factors you need to consider and system requirements for Excel modeling.
About Excel Modeling and its Importance
Excel modeling uses Microsoft Excel software to create and manipulate spreadsheets. It is one of the best and most widely used software with easy availability and affordability. Business professionals use this software for financial forecasting, evaluating investment opportunities, and creating business plans. The use of Excel is not only limited to the finance or billing department of the company. It can also be used for HR purposes, like tracking employee data, managing payroll, and creating schedules.
System Requirements for Excel Modeling
Factors To Consider Before Buying a Laptop for Excel Modeling
Above I have mentioned the basic system requirements for running Excel modeling with ease. In this section, I have listed the 6 major factors that contribute to smooth working with Excel modeling.
Processor
In order to handle multiple calculations and work with complex spreadsheets without any performance issues you need a lightning-fast processor. Intel Core i7 and AMD Ryzen processors are excellent choices for professionals and data analysts. The higher clock speeds fasten your processor can perform calculations. The more cores help your processor to multi-task without lagging. And last but not least cache. A cache is like your processor’s short-term memory – it stores frequently accessed data for quick retrieval. The larger the cache size, the faster your processor can access that data.
RAM
Another important factor to consider is RAM. For basic Excel modeling tasks, 8GB RAM is sufficient but I always recommend users go for 16 GB RAM. Having more RAM is always an advantage when you are Running complex macros, or analyzing multiple data sheets.
Display
Having a high-resolution display is another advantage for all Excel users. Go for at least a 13-inch FHD display with 1920×1080 resolution. If you want to use other designing software or carry out other designing tasks the 4k display or other high-resolution display is Recomended.
Portability and Durability
A laptop with a durable body and top-notch quality external parts is very important. Look for a laptop that can withstand daily wear and tear, Accidental spills, or any kind of drop or bump while working in the office or at Home. Additionally, the lightweight design of your laptop helps you easily carry it on the go. Look for a laptop that is slim and weighs under 4 LBS.
Keyboard
One more additional feature that I feel is important is the laptop keyboard. For Excel modeling, you need a keyboard that is responsive, reliable, and comfortable to use for long periods of time. Additionally, A backlit keyboard is very very important for all Excel users. It allows you to work with extreme comfort in those long hours of data analysis sessions. The right keyboard Affects your productivity and overall user experience therefore it is very important to consider this feature whether you are using your Laptop for Medical Billing and Coding or for any type of business data analysis.
Ports and Other Connectivity Options
As Excel Modeling involves working with large data Sheets Having an excellent port system saves your life when you need to connect to multiple external devices. A laptop with a wide range of ports can your life easier and your work effortless.
Consider having an HDMI or VGA port to help you connect your device to multiple monitors and get that crystal-clear view of your spreadsheet. Having a variety of ports like USB, Ethernet, and SD card slots to easily transfer data.
The Final word
Excel modeling is a known skill and in every office, we have at least one person who has mastered Excel modeling. Knowing all the Excel shortcuts is not enough when you don’t have the right device in your hand. Follow the instructions above to get the right laptop for Excel modeling and enhance your work efficiency, accuracy, and flexibility.
