- October 15, 2019
6:00 pm - 8:00 pm
A Monte Carlo simulation is a numerical method that uses random draws to perform calculations and complex problems. Today, it is widely used and plays a key part in various fields such as finance, economics, supply chain and even physics. Contrary to what many people think, you don’t need programming knowledge or a fancy software to start using the power of Monte Carlo Simulations in your forecasts. During this short workshop you will learn how to perform this method using a simple spreadsheet in Excel. We will go over how to do over 10,000 predictions and how to use predictive modelling to forecast the future. No prior experience needed but you should bring your laptop with Excel installed (any version) to follow the modelling!
• About your speaker
Christian Martinez is an experienced finance analyst with a strong background in financial modelling in Excel and Python at the multinational company Kraft Heinz and also manages over 50 analysts at The Financial Fox where they create data analytics solutions and visualisations. Over the last four years, he has been helping organisations to make well-informed commercial and business decisions through analysis and reports about financial data; accurate financial forecasts and annual budgets. He is also a regular speaker in finance events in Australia and expert in automation, financial analytics and accounting. After working in his native Mexico and Switzerland General Electric (GE) and the World Trade Organisation, he came to Australia in 2015 to advance his career, pursue a Master of Finance at Monash Business School and be part of the Australian finance and accounting ecosystem. A finalist in the Young Leaders in Finance Awards 2018, he is also a Marathon Finisher and World traveller (He has been to 65+ countries and is always planning his next adventure!)
Connect with Christian here: https://www.linkedin.com/in/christianmartinezthefinancialfox/
• About your Host
Danielle Stein Fairhurst is a financial modelling specialist and the author of “Using Excel for Business and Financial Modelling”, Third Edition published by Wiley Finance 2019 and “Financial Modeling in Excel for Dummies” published by Wiley in 2017. Danielle has regular engagements around Australia and globally as a speaker, course facilitator, financial modelling consultant and analyst, was a guest on Excel TV and has been interviewed for several industry podcasts. She founded the Financial Modellers’ Meetup groups in 2015 which now have over 5,000 members in seven countries as well as a LinkedIn forum with over 45,000 members. Connect with Danielle here: https://www.linkedin.com/in/daniellesteinfairhurst/
• What to bring
Please bring along your laptop with Excel (any version) installed so that you can follow along with the demonstration
• Meetup Venue
We do not yet have a venue for this meetup. If your company has a cool CBD space you can offer us, we’d love to hear from you.
Venue: Meetup - Free of Charge