Need for a laptop

hey guys, i need to buy a laptop because my last one started acting out. i'm confused between a thinkpad and a mac. im a junior doing a finance major hoping to break into banking/investments. although thinkpad is better for modelling, ive gotten reviews that all thinkpads start acting out after a while and although mac is better in functionality, the excel shortcuts are difficult to follow. my peers said i can go for a mac since i would get a thinkpad anyways from the employer but im still kind of confused. if i plan to buy a thinkpad, which one should i go for? would appreciate any advice.

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Based on the most helpful WSO content, here's what you need to know:

  1. ThinkPad vs. Mac for Finance Majors:

    • ThinkPads are highly recommended for financial modeling and Excel-heavy tasks due to their compatibility with Excel shortcuts and robust keyboards. They are a favorite among finance professionals.
    • Macs, while sleek and functional, often face challenges with Excel shortcuts, which can be a disadvantage for finance-related tasks. However, if you're deeply invested in the Apple ecosystem, it might still be a viable option.
  2. Employer-Provided Laptops:

    • Many finance firms provide laptops (often ThinkPads) to their employees. If you’re confident you’ll receive one from your employer, you could consider sticking with a Mac for personal use. However, this depends on your immediate needs for modeling and coursework.
  3. ThinkPad Recommendations:

    • A Lenovo ThinkPad is a solid choice for finance students. One user on WSO mentioned getting a top model ThinkPad for $650 with a student discount, which performed well even with multiple tabs, Excel, and PowerPoint open simultaneously.
    • Look for models with at least an i5/i7 processor, 8+ GB DDR4 RAM, and an SSD (preferably hybrid) for optimal performance.
  4. Budget Considerations:

    • If you're looking for a cost-effective option, ThinkPads often have sales and student discounts, making them a budget-friendly choice without compromising on performance.

In summary, if your primary focus is financial modeling and Excel, a ThinkPad is the better choice. If you’re leaning towards a Mac for personal preference, ensure you’re comfortable with the Excel limitations or plan to adapt. For ThinkPads, prioritize models with strong specs like the Lenovo X1 Carbon or similar.

Sources: https://www.wallstreetoasis.com/forum/investment-banking/new-laptop-recommendations?customgpt=1, Best Personal Labtop for Banking, Best Laptop for Undergraduate Finance Major, Dual major in Finance and Computer Science?, Girl Investment Bankers - Any tips?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

usernameladiesman217

A mac will barely survive 7 tabs being open. 

Genuinely braindead comment

Commercial Real Estate Developer
 
"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

If you can still return that, I'd recommend doing so and buying a used higher-end ThinkPad for around the same price. That Intel Pentium processor will be pretty bad. You can get a good condition used one for under $600 with an i7 from eBay. 

Or here's one with an i5 refurbished from Lenovo's outlet site: https://www.lenovo.com/us/outletus/en/p/laptops/thinkpad/thinkpadl/thin…

 

Mr Incredible

If you can still return that, I'd recommend doing so and buying a used higher-end ThinkPad for around the same price. That Intel Pentium processor will be pretty bad. You can get a good condition used one for under $600 with an i7 from eBay. 

Or here's one with an i5 refurbished from Lenovo's outlet site: https://www.lenovo.com/us/outletus/en/p/laptops/thinkpad/thinkpadl/thin…

Damn ok thanks. Yeah I have a $2200 Lenovo Legion gaming laptop as my main, did not know this model was so crappy. It seems to work ok, could work in a bind. 

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 
Most Helpful

Just posted this in a different thread so will paste below: 

I have a Macbook Pro and a Lenovo ThinkPad, both for personal use. I prefer the ThinkPad just because it has a 16 inch 4k OLED screen and is more customizable, but honestly it does have more issues than my Macbook, which just works seamlessly. Apple's computers are just in a league of their own ever since they stopped using Intel processors. No other laptop comes close in ease of use, stability, and battery life. 

I'm admittedly somewhat of a laptop nerd, though for most people, I'd say the Macbook Pro is unquestionably the best general purpose computer on the market today. I'd only recommend a Windows computer if you want gaming or need it for Windows specific ISV-tier software. 

If you ever need to use Excel, the shortcuts you're used to on Windows won't work on Excel for Mac OS, but you can download a software called Parallels which will allow you to run Windows 11 on your Mac, which you can then use to run Excel with an external Windows keyboard, indistinguishable from if you were just using a Windows computer, for anything that isn't intense modeling. 

 

I’m surprised people are recommending Macs at all. I don’t know how I would do my job (IB) with a Mac. It would make life a million times harder because of all the interrelated functionality of MSFT office applications. 

The lack of shortcuts is a complete dealbreaker. I have never encountered a banker that would choose a Mac over Windows (however shitty) on the job. It may suffice in school, but absolutely not on the job. Those few seconds saved on shortcuts add up to tens of hours throughout the week. 

Does Outlook, FactSet, etc. even work correctly on Macs? I’ve never tried…

hardstuck in IB
 

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