Monte Carlo Simulation Courses and Certifications

Modeling Risk with Monte Carlo Simulation

76 ratings at Corporate Finance Institute

Learn how to quantify and model uncertainty by using Monte Carlo simulation in Python

• Corporate Finance Institute
• 2 hours 5 minutes
• Self-Paced
• Paid Course

Monte Carlo Simulation with Python

1 rating

Use Python to simulate gambling strategies, visualize betting outcomes, and compare their profitability with Monte Carlo methods.

• YouTube
• 3 hours 30 minutes
• Self-Paced
• Free Video

Monte Carlo Simulations in Python

171 ratings at DataCamp

Simulate Outcomes with SciPy and NumPy This practical course introduces Monte Carlo simulations and their use cases.

• DataCamp
• 4 hours
• Self-Paced
• Free Trial Available

Statistical Simulation in Python

28 ratings at DataCamp

Get to Grips with Random Variables Simulations are a class of computational algorithms that use random sampling to solve increasingly complex problems.

• DataCamp
• 4 hours
• Self-Paced
• Free Trial Available

Introduction to Computational Thinking and Data Science

30 ratings

6.00.2x is an introduction to using computation to understand real-world phenomena.

• edX
• 9 weeks, 14-16 hours a week
• Self-Paced
• Free Online Course (Audit)

• Best of All Time

Simulation Models for Decision Making

69 ratings at Coursera

Build Monte Carlo and discrete event simulation models in Excel to handle business uncertainty, using probability distributions, stepwise thinking, and counterfactual analysis.

• Coursera
• 4 weeks, 4 hours a week
• Self-Paced
• Paid Course

Coursera

Simulate with Monte Carlo

Build Monte Carlo simulation models in Excel and Python: run 10,000+ iterations for project ROI, tornado-chart sensitivity analysis, currency-exchange exposure, and convergence testing.

• Coursera
• 4 weeks, 1 hour a week
• Self-Paced
• Paid Course

Prof. Ryan C. Cooper

ME3255 - Evaluating a NYSE Monte Carlo Model

Evaluate a NYSE Monte Carlo model using advanced statistical techniques. Gain insights into financial modeling and risk assessment for stock market analysis.

• YouTube
• 22 minutes
• Self-Paced
• Free Video

Prof. Ryan C. Cooper

ME3255 - Analyzing NYSE Monte Carlo Model

Analyze NYSE stock data using Monte Carlo simulations. Learn to model market behavior and predict future trends with statistical methods.

• YouTube
• 19 minutes
• Self-Paced
• Free Video

LeadDev

Estimation is a Waste of Time - From Traditional Estimates to Probabilistic Forecasting

Discover how to replace time-consuming estimation with data-driven probabilistic forecasting using Flow Metrics and Monte Carlo simulations for better delivery predictability.

• YouTube
• 28 minutes
• Self-Paced
• Free Video

Quantitative Risk Management in Python

238 ratings at DataCamp

Managing risk using Quantitative Risk Management is a vital task across the banking, insurance, and asset management industries.

• DataCamp
• 4 hours
• Self-Paced
• Free Trial Available

Advanced Probability: Uncertainty in Data

164 ratings at DataCamp

Understanding Probability and Uncertainty in Business Uncertainty is an inherent part of decision-making, but advanced probability techniques allow us to model and manage it effectively.

• DataCamp
• 2 hours
• Self-Paced
• Free Trial Available

Modeling Risk and Realities

2227 ratings at Coursera

Build quantitative models for decisions under uncertainty: optimization with Excel Solver, probability distributions and goodness-of-fit testing, correlation, sensitivity analysis, and simulation to compare alternatives.

• Coursera
• 4 weeks, 2 hours a week
• Self-Paced
• Paid Course

Pricing Options and Option Sensitivities

6 ratings at Corporate Finance Institute

Learn the inner workings of three option pricing models and various option Greeks

• Corporate Finance Institute
• 1 hour 34 minutes
• Self-Paced
• Paid Course

Decision Science and Strategic Modeling

Build decision models using decision trees, Bayesian updating, Python, and Monte Carlo simulation to evaluate risk, sensitivity, causal impact, and pricing strategies.

• Udacity
• 15 hours
• Self-Paced
• Paid Course