What Excel skills are most valuable for finance and accounting?

Asked by Last Modified  

1 Answer

+1

Follow 1
Answer

Please enter your answer

It depends on what kind of career you are planning to opt for after graduating from college. Having stated that some of the most general things one must know in Excel who is finance and accounting majors are: General formatting- Coded inputs to be in blue, calculated fields in black assumptions in red/green....
read more
It depends on what kind of career you are planning to opt for after graduating from college. Having stated that some of the most general things one must know in Excel who is finance and accounting majors are: General formatting- Coded inputs to be in blue, calculated fields in black assumptions in red/green. One would prefer keeping the entire background white and shading assumption cells with grey etc. Pivot tables, We hear this a lot in job interviews in which students are given quick Excel project to check their chops. Pivot tables are a big part of that. Stuff like a new worksheet with each new month's data in it. This could make workbooks look huge. It is recommended to use pivot tables for this too. =sumproduct() is a must-learn and =subtotal() is a great function that helps your Excel spreadsheet look like something somebody would do on paper. Naming cells and ranges. If you could learn this, then you separate yourself from a novice from a person who has stepped up a grade. Custom formatting. Here, usually, the users would like to be able to format numbers, so the digits stack on top of one another is going down a column, especially if they are trying to centre them and they have an odd number of digits. Learning to use templates for shared files. Charting can be hyperactive in Excel. It is a huge time consuming and is advised to learn it in full. Most importantly, financial formulas can be of great help for you to learn. Majority of students avoid learning the underlying finance. But, it is advised to make sure you learn this too. It will be a saviour on a rainy day. Hope this helps read less
Comments

Related Questions

Can a person learn advanced level MS Excel through YouTube videos?
You can learn MS Excel on Youtube. Whether you are a complete beginner or advanced user of Excel, there are several video tutorials available at every skill level. They teach you everything by making you...
Ramkumar
0 0
7
What is exact number of days required to learn basic & advanced excel?
10-15 days sufficient but you need practice on that.
Anusha
Hi All, My question is how to define age calculation in excel by formula?
Enter DOB in one cell. For example in Cell A1. Then in the cell where you want to calculate Age there write as =(TODAY()-A1)/365.25 .25 has been added to the 365 because to accommodate the leap year days in between.
BINAYAK
Need to enhance skills on MS Project and in Power Point
Join a Advance course for MS and PPT
Sri

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Hidden Gems of MS Excel - Data Validation - Circle Invalid Data
Q) You apply Data Validation to a range of Cells. e.g. You apply Data Validation Drop-down List of 5 Indian Cities: Indore, Lucknow, Mumbai, New Delhi, Pune, to a range of Cells What if invalid data...

Printing Worksheets In Excel
i. Quick Print: If you want to print a copy of a worksheet with no layout adjustment, use the Quick Print option. There are two ways in which we can use this option. Choose File » Print (which...

What Is Phython?
Python is a general-purpose interpreted, interactive, object-oriented, and high-level programming language. It was created by GuidovanRossum during 1985- 1990. Like Perl, Python source code is also available...

Presentation Perfect Reports
Presentation Perfect Reports. Why Presentable, neatly crafted Reports makes a job more perfect and easy for Business Analyst who is going make decisions out of the information structured in reports. Many...

INDEX Function
Index Function has two forms: 1. Array form - returns a value 2. Reference form - returns a cell reference Array Form: Syntax: INDEX(ARRAY, row_num, col_num) Example: INDEX({10, 20, 30; 40, 50,...
S

Sivasankarit

0 0
0

Recommended Articles

Hadoop is a framework which has been developed for organizing and analysing big chunks of data for a business. Suppose you have a file larger than your system’s storage capacity and you can’t store it. Hadoop helps in storing bigger files than what could be stored on one particular server. You can therefore store very,...

Read full article >

Business Process outsourcing (BPO) services can be considered as a kind of outsourcing which involves subletting of specific functions associated with any business to a third party service provider. BPO is usually administered as a cost-saving procedure for functions which an organization needs but does not rely upon to...

Read full article >

Information technology consultancy or Information technology consulting is a specialized field in which one can set their focus on providing advisory services to business firms on finding ways to use innovations in information technology to further their business and meet the objectives of the business. Not only does...

Read full article >

Software Development has been one of the most popular career trends since years. The reason behind this is the fact that software are being used almost everywhere today.  In all of our lives, from the morning’s alarm clock to the coffee maker, car, mobile phone, computer, ATM and in almost everything we use in our daily...

Read full article >

Looking for MS Office Software Training ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you