Research at Curtain University of Technology Explores Tools for Teaching Probability and Risk

Textbooks that touch upon technology-related subject matter face the challenge of topics becoming outdated by the time the books go to press. Darren O’Connell found this type of content stagnation to be readily evident in how risk analysis is taught in institutes of higher learning. In fact, he found risk analysis lessons were not only […]

April 2013 Academic Enews: Research at Curtin University of Technology Explores Tools for Teaching Probability and Risk

Palisade April 2013 Academic Enews In This Issue » Research at Curtin University of Technology Explores Tools for    Teaching Probability and Risk "The seamless integration of Palisade products into the Excel  development environment is a huge advantage… This in turn  reduces training and system development costs, because risk  departments are not investing in expensive/extensive […]

March 2013 Academic Enews: Rotman School of Management Students Learn to Make Key Financial Decisions Using Monte Carlo Simulation

Palisade March 2013 Academic Enews In This Issue » Rotman School of Management Students Learn to Make    Key Financial Decisions Using Monte Carlo Simulation "Many leading corporations are now using Monte Carlo simulation in their  business cases. Students who want a leg up with such corporations  should seek out all opportunities to get experience […]

February 2013 Academic Enews: Pepperdine Graziadio School of Business and the DecisionTools Suite

Palisade February 2013 Academic Enews In This Issue » Pepperdine’s Graziadio School of Business Leverages Palisade    DecisionTools Software to Teach Students the “Why” Behind    Decision Analysis "Using [DecisionTools] software applications allows me to focus on teaching problem solving (what analysis to run, what assumptions to make, what inputs to use, and how to interpret […]

January 2013 Academic Enews: Illinois State’s MBA Corporate Finance uses @RISK for Advanced Techniques

Palisade January 2013 Academic Enews In This Issue » Illinois State's MBA Corporate Finance uses @RISK for Advanced Techniques "Just like Excel itself, @RISK does its work without involving you in its computational complexities. So students who may have been scared of stats and data analysis before can feel perfectly at ease creating their simulations—and […]

Analyzing working capital and capital budgeting at Rotman School of Management

Understanding how to use Monte Carlo simulation to account for risk in decision-making is quickly becoming a required skill for today’s business leaders, says Asher Drory, Adjunct Professor of Finance at University of Toronto’s Rotman School of Management. “Many leading corporations are now using Monte Carlo simulation in their business cases,” Professor Drory says. “Students […]

Mining engineering students simulate stochastic processes

For their capstone design projects, undergraduate mining engineering students at Missouri University of Science and Technology develop “real-world” solutions. So, Dr. Samuel Frimpong provides his students with real-world tools, including Palisade’s @RISK software. Similarly, he uses @RISK to help graduate students undertake research projects in geology and geological engineering, mining and petroleum engineering. Dr. Frimpong […]

@RISK used to evaluate capital budgeting, investments, random walks, derivatives pricing and real options at Cornell’s Dyson School of Management

Calum Turvey, W.I. Myers Professor of Agricultural Finance, uses @RISK in his Risk Simulation and Optimization course. Offered by the Charles H. Dyson School of Applied Economics and Management at Cornell University, Risk Simulation and Optimization is in its second year and has now become a regular course offering, with roughly 45 students per semester. […]

INCAE students analyze financial institutions and capital markets with @RISK

What do banks, bond-rating agencies and homeowners in places like Las Vegas have in common? They all grossly misjudged risk and, as a result, made bad decisions during the recent housing bubble. That’s why Dr. Arnoldo Camacho, a professor at the highly regarded INCAE Business School in Alajuela, Costa Rica, incorporates Palisade’s @RISK software in […]