You can run the stock cooler, I generally toss them as they aren't real good (and loud) especailly with the Hyper 212 EVO available for $35, which is a great cooler, Zalman has some nice quiet low er profile ones also
Should make a nice rig, if in the budget might think about upping the DRAM to 1866/9 anyway, the additional bandwidth will show with the apps you mention
Thanks! I will upgrade the memory. Is this build going to survive without an aftermarket cooler? I plan to buy a Corsair H100i 77.0 CFM Liquid CPU Cooler but there is going to be at least 1 month delay until I can get one [i can't find any in my country]. Some other options for cooler?
Since you aren't overclocking, you can save some money and get a XEON instead. It has the same performance as the i7 but is a good bit cheaper. Also upped to DDR3-2133 RAM, and no need for a 4GB video card. You have the budget to go with a 780, which should improve your application performance, but either should work very well. This case is much quieter and has better build quality. I wouldn't recommend getting a H100i, you have no need for it when not overclocking, and it is noisy. If you want an aftermarket cooler, I would recommend one of the smaller Noctua coolers as they are very quiet.