Monte Carlo Simulation Courses and Certifications

Business Analytics for Decision Making

1903 ratings at Coursera

Build decision models in Excel with Analytic Solver: cluster analysis for market segmentation, Monte Carlo simulation for uncertainty, and optimization with yes/no and logical constraints.

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

Career Certificate

Leverage Data Science for a More Agile Supply Chain

611 ratings at Coursera

Apply data science to supply chain planning: forecast demand, manage inventory under uncertainty with the newsvendor model, and optimize capacity in Excel using Monte Carlo simulation.

• Coursera
• 12 weeks, 2 hours a week
• Self-Paced
• Paid Course
• 3 courses

Advanced Business Analytics: Excel Optimization & Simulation

53 ratings at Coursera

Build and solve business optimization models in Excel Solver: sensitivity analysis, advanced integer programming, assignment and transportation problems, and simulation under uncertainty.

• Coursera
• 5 weeks, 3 hours a week
• Self-Paced
• Paid Course

Supply Chain Optimization

65 ratings at Coursera

Set up capacity and resource optimization problems in Excel, then run Monte Carlo simulations to build and de-risk a demand and inventory snapshot.

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

Excel/VBA for Creative Problem Solving, Part 3 (Projects)

468 ratings at Coursera

Build open-ended Excel VBA projects at easy and intermediate levels, including a required Monte Carlo simulation and a challenging Grade Manager application for honors.

• Coursera
• 5 weeks, 3 hours a week
• Self-Paced
• Paid Course

Designing Larger Python Programs for Data Science

Build a complete poker simulation in Python: decompose programs top-down, apply Monte Carlo methods, write test cases, debug, and work with object references.

• Coursera
• 4 weeks, 11 hours a week
• Self-Paced
• Paid Course

ExcelIsFun

Excel Business Analytics - Forecasting, Linear Programming, Simulation and More

3 ratings

Master Excel business analytics through forecasting, linear programming, Monte Carlo simulation, Power Query data transformation, and statistical modeling techniques.

• YouTube
• 19 hours 18 minutes
• Self-Paced
• Free Video

Modern Statistical Computing and Regression Modeling in R

Use R to generate random variates with its d, p, q and r functions, run Monte Carlo simulations, and fit linear, penalized and nonlinear regression models.

• Coursera
• 4 weeks, 3 hours a week
• Self-Paced
• Paid Course

Data Science: Probability

64 ratings at edX

Learn probability theory -- essential for a data scientist -- using a case study on the financial crisis of 2007-2008.

• edX
• 8 weeks, 1-2 hours a week
• Self-Paced
• Free Online Course (Audit)

Decision Modeling and Risk Analysis with Excel

3372 ratings at Udemy

Decision making using sensitivity analysis, decision tree, utility theory, Bayesian statistics, Monte Carlo simulation.

• Udemy
• 6 hours 2 minutes
• Self-Paced
• Paid Course

Managing Uncertainty in Marketing Analytics

69 ratings at Coursera

Build marketing decisions around uncertainty: calculate outcome probabilities, run Monte Carlo simulations in Excel, model with distributions, and price extended service warranty plans.

• Coursera
• 4 weeks, 3 hours a week
• Self-Paced
• Paid Course

Introduction to Bayesian Statistics for Data Science

Learn Bayesian statistical inference, computing posterior distributions with conjugate families, improper and objective priors, Monte Carlo simulation, and Bayesian linear regression in R.

• Coursera
• 5 weeks, 7 hours a week
• Self-Paced
• Paid Course

Coursera Career Certificate

Forecasting and Predictive Analytics Methods Pack

73 ratings at Coursera

Build and stress-test forecasting models: Excel forecasting functions, scenario analysis, Monte Carlo simulation, ETS and ARIMA in Python, Power BI forecasts, and GenAI-assisted planning.

• Coursera
• 4 weeks, 10 hours a week
• Self-Paced
• Paid Course
• 8 courses

Python for Excel: Use xlwings for Data Science and Finance

1196 ratings at Udemy

Integrate Excel and Python and get the best of two Worlds! Python Beginners welcome. Use Pandas, Seaborn & co. in Excel

• Udemy
• 17 hours 12 minutes
• Self-Paced
• Paid Course

EDUCBA Career Certificate

Advanced Excel Tools for Data Analysis

29 ratings at Coursera

Build Pivot Tables, Power Pivot models, and interactive Excel dashboards, then forecast and model business outcomes with What-If Analysis, Goal Seek, Solver, and Monte Carlo simulation.

• Coursera
• 4 weeks, 10 hours a week
• Self-Paced
• Paid Course
• 4 courses