I have been persuaded to offer some of my time, in the form of an Excel modelling masterclass, in a charity auction at the Mad Hatter’s May Ball. It has also been suggested that I offer the same to members of the paying public. So here goes...

The following question was posed recently on the LinkedIn Monte Carlo Simulation, Excel and Model Risk discussion. “I can’t afford £845 for @Risk. Can anyone suggest a good but much cheaper software package for doing Monte Carlo simulations?” It’s a reasonable question, with a simple answer.