What skills should one master in MS Excel?

Asked by Last Modified  

Follow 1
Answer

Please enter your answer

MS Excel is an extremely versatile and flexible tool. You will be able to perform simple tasks like data entry to running simple analysis to sophisticated data modelling. In short, it can do nothing or a lot, depending on the problem you are trying to solve. Some of the critical things you should master...
read more
MS Excel is an extremely versatile and flexible tool. You will be able to perform simple tasks like data entry to running simple analysis to sophisticated data modelling. In short, it can do nothing or a lot, depending on the problem you are trying to solve. Some of the critical things you should master in Excel are: Data Scrubbing: Getting your dataset “ready” for analysis. This involves (but isn’t limited to) looking for missing info, identifying outliers (these can hurt a lot when computing averages), creating derived fields using TEXT(), MONTH(), YEAR() etc. Data Analysis: Running moderately complex analysis (using pivot tables, VLOOKUP(), MATCH() & INDEX, SUMPRODUCT(), SUMIF(), COUNTIF() etc. Asking questions of the data and looking for answers. Presentation: Once the data has been crunched and insights found, presenting the data in a clear, crisp and concise manner is critical. This is where you can demonstrate your prowess as an Excel power user. VBA: Once you have a good handle on the above, you can look at developing macros/procedures in VBA to extend Excel functionality. I have tried to capture the thought process behind using Excel and not necessarily be (overly) prescriptive. If you can nail the thought process, you will discover the nuances yourself. Being an Excel savant myself, I can tell you that there is a lot of fun you can have in Excel, problems abound all around you that you can use Excel to analyze. All the Best! read less
Comments

Related Questions

How to create pivot table in excel?
If you wan to analyze the only data that is on your sheet. First be sure all columns has header after than select any cell from your data and go to insert tab and click on pivot table.
Rahul
0 0
6
What is the fee for advance excel course?
It's depend how advanced excel you want to learn, only advanced 2k, Micro with vba 5k
Prabir
What is exact number of days required to learn basic & advanced excel?
10-15 days sufficient but you need practice on that.
Anusha
Is MS Excel very easy to learn?
Yes it is easy application to learn
Kamal
0 0
6

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

Ask a Question

Related Lessons


Excel Tip: Calculation of Overall Rating in Excel
Nowadays rating got high importance everywhere. Whether you want to purchase an AC or a toy first we will check for rating of that product. Even before joining any institute we will review the rating then...

Microsoft Power BI
Microsoft Power BI is a free, self-service business intelligence cloud service that provides non-technical business users with tools for aggregating, analyzing, visualizing and sharing data. Power BI's...

What is PowerPoint?
PowerPoint is a complete presentation graphics package. It gives you everything you need to produce a professional-looking presentation. PowerPoint offers word processing, outlining, drawing, graphing,...

SQL (Structured Query Language)
SQL (Structured Query Language) is a standardized programming language used for managing relational databases and performing various operations on the data in them. Initially created in the 1970s, SQL...

Recommended Articles

Microsoft Excel is an electronic spreadsheet tool which is commonly used for financial and statistical data processing. It has been developed by Microsoft and forms a major component of the widely used Microsoft Office. From individual users to the top IT companies, Excel is used worldwide. Excel is one of the most important...

Read full article >

Whether it was the Internet Era of 90s or the Big Data Era of today, Information Technology (IT) has given birth to several lucrative career options for many. Though there will not be a “significant" increase in demand for IT professionals in 2014 as compared to 2013, a “steady” demand for IT professionals is rest assured...

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 >

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 >

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