3 Best Laptops for Financial Modeling in 2024

From this article, you will know what are, in our opinion, the best laptops for financial modeling you can buy and use in 2024.

Financial modeling is an activity that tries to summarize the financial data of a company in an attempt to forecast future results. It often utilizes spreadsheets and data visualization forms to help it do the summaries needed.

To do financial modeling, you can use a laptop. As a laptop is portable and can run the standard software needed for financial modeling optimally, it is probably the most preferred computer device to use for many people too. However, the laptop used for financial modeling purposes should have the right specification quality so you can build your best models productively.

If you want to do financial modeling but you don’t have a laptop for that purpose yet, you might be interested in buying a new laptop. It can be confusing, nevertheless, to pick the right laptop for financial modeling purposes from many laptop models and specification choices out there. This is why Innovation Infinite has come up with its list of the best laptops for financial modeling to help you.

What laptops do we recommend and why do we recommend them? Let’s start digging into the list right away.

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Image	View on Amazon	Product
	View on Amazon	Lenovo ThinkPad X1 Carbon
	View on Amazon	Dell XPS 15
	View on Amazon	HP EliteBook 840

What are the Best Laptops for Financial Modeling?

Now, let’s take a deeper look at the laptops that make it into our list of excellent laptops for financial modeling. Using one of these laptops should give you the laptop support you need to build your financial models more optimally.

1. Lenovo ThinkPad X1 Carbon

Lenovo ThinkPad X1 Carbon is the first laptop we think can be splendid to use for financial modeling work. Coming from the popularly reliable Lenovo ThinkPad series, this laptop is fast and should be able to handle tasks related to your financial modeling work well.

The processor of this laptop is an Intel Core Ultra 7 155H processor. With the fast base clock and turbo speed that it has, this processor should run the spreadsheet and data visualization programs you need to use smoothly and with high stability. The RAM capacity, 32GB, should be more than adequate to provide the memory space needed by your work processes.

This laptop has a relatively friendly-to-the-eye display so you shouldn’t get much eye strain when you need to work on your financial models for long hours. There is also a 180-degree hinge so you can view its display in a more comfortable position when you work.

The ThinkPad’s keyboard is one of the best around for a laptop so you should be able to type comfortably whenever you need to input data to your models with this laptop. Overall, this Lenovo ThinkPad X1 Carbon can be the ideal laptop for you to use to work on your best financial models.

Key Features

• Screen Size, Resolution: 14 inches, 2880 x 1800 pixels
• Processor: Intel Core Ultra 7 155H with 16 cores and speed in the range of 3.8-4.8 GHz
• RAM Capacity: 32GB
• Storage: 1TB PCIe NVMe SSD
• Battery Life (Estimation): up to 10 hours of usage capacity

Pros

• Excellent specifications to support financial modeling work
• Solid build
• Sleek and lightweight
• USB-A, Thunderbolt 4 USB-C, and HDMI ports
• A quite flexible hinge (stretchable up to 180 degrees)
• Comfortable keyboard to type on

Cons

• No SD card reader slots

2. Dell XPS 15

Dell XPS 15 is the next laptop that can be excellent for financial modelers to use. It is a nice work laptop from Dell with specification quality that should make you able to work on your financial models with ease.

This laptop has a 13th Gen Intel Core i7 processor and 32GB RAM capacity as its performance specifications. With these specifications in place, running software related to your financial modeling work should be fast. When you need to store files internally on this laptop, there is spacious 2TB SSD storage space ready for you to use.

The design of this laptop looks professional and it has a premium build to make you feel confident to use it in any professional setting. To help you work more flexibly, this laptop has a good battery life that can last a whole workday on a single charge.

For connectivity to external displays that you may need to enhance your work productivity, there are two Thunderbolt 4 ports available on the sides of this laptop. All in all, this Dell XPS 15 can also be a good laptop choice to accompany you in your financial modeling work.

Key Features

• Screen Size, Resolution: 15.6 inches, 1920 x 1200 pixels
• Processor: 13th Gen Intel Core i7 with 14 cores and speed in the range of 2.4-5 GHz
• RAM Capacity: 32GB
• Storage: 2TB PCIe NVMe SSD
• Battery Life (Estimation): up to 9 hours of usage capacity

Pros

• Excellent specifications to support financial modeling work
• Premium build
• Sleek and professional-looking design
• Two Thunderbolt 4 ports
• Great speakers
• Comfortable keyboard to type on

Cons

• No USB-A and HDMI ports
• Average webcam quality

3. HP EliteBook 840

HP EliteBook 840 is another laptop that might interest you greatly during your laptop-buying process. Looking at its model and specifications, you can be pretty confident that this laptop can do its job well when supporting you with your financial modeling work.

Performance-wise, this laptop should meet your expectations. This is because it is powered by a 13th Gen Intel Core i7 processor and 32GB RAM capacity to manage the financial modeling software you want to use. You can upgrade the RAM capacity up to 64GB later should you feel you need more for complex work activities.

This laptop has USB-A, Thunderbolt 4 USB-C, and HDMI ports so using external devices to help you do your work should be rather easy. When you want to work online, there is Wi-Fi 6E technology in this laptop that can give you an optimum internet connection speed from your Wi-Fi network.

Looking for a good laptop that can let you work on your financial models optimally? You may want to consider buying and using this HP EliteBook 840 laptop too.

Key Features

• Screen Size, Resolution: 14 inches, 1920 x 1200 pixels
• Processor: 13th Gen Intel Core i7 with 12 cores and speed in the range of 2.2-5 GHz
• RAM Capacity: 32GB
• Storage: 1TB PCIe NVMe SSD
• Battery Life (Estimation): up to 13 hours of usage capacity

Pros

• Excellent specifications to support financial modeling work
• Professional-looking design
• USB-A, Thunderbolt 4 USB-C, and HDMI ports
• Friendly-to-the-eye display
• Excellent webcam quality
• Comfortable keyboard to type on

Cons

• No SD card reader slots

What are the Things We Should Consider When We Want to Buy a Laptop to Do Financial Modeling with?

Here are the things we think you should consider when you want to buy a laptop to facilitate your financial modeling work.

• Processor. The laptop you buy should have an excellent processor so it can run the software programs you need to use for your work processes smoothly. We recommend a laptop with at least a late-generation i7 or Ryzen 7 processor for this


• RAM capacity. You should have adequate RAM capacity in the laptop you buy to ensure you won’t get considerable lags when processing and visualizing your financial data through your models. We recommend a laptop with at least 16GB RAM for this


• Storage. You may need to store some files related to your financial models internally on your laptop so you can access them much more easily later. Thus, the laptop you buy should have adequate storage space to accommodate those files. We recommend a laptop with at least 512GB SSD storage space for this

Wrap Up

When you want to buy a laptop, you may want one that can help you do financial modeling smoothly. However, it can be confusing to pick the right laptop from many laptop choices out there. This is why Innovation Infinite has created a list of the best laptops for financial modeling to help you.

To summarize, here are three laptops we recommend for financial modeling work.

• Lenovo ThinkPad X1 Carbon
• Dell XPS 15
• HP EliteBook 840

We hope our list can help you buy the best laptop to support you in formulating the best financial models!



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