Advanced Excel possess all the features and functions of Microsoft excel tool which helps the users to perform complex and large calculations, data processing of large number of numerical data, better representation of data, performing data analysis and much more. 

Advanced excel is the tool which is very efficient in doing tasks like data visualization, data analysis, etc, for achieving some business objectives and targets.

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It is also used for the tasks like machine learning, big data, etc. Advanced excel Course is used to perform complex computations. It provides better analysis as well as better presentation of data both graphically and numerically. It has ability to manage a huge amount of data with the help of advance function and features of like Power map, advance data filters and so on. 

Advanced Formula

The very first thing of advanced excel which a user needs to know and get acquainted with for effective utilization of advanced excel is the advanced formulas. The advanced formulas are the core strength of excel which makes the software smart and high performer. 

Without formulas excel is nothing, it is just a data-saving software. By using the advanced formulas, a user can easily analyze their data, find the solution to the most complex questions and be able to do smart calculations.

Advance excel skills involves working effectively with advance excel formulas for example validating data entry, conditional formatting, advanced charting techniques, pivot tables, excel VBA, excel dashboards, power query, excel macros. 

Some of the Advance Excel formulae and functions are:

INDEX  MATCH Formula

=INDEX(C3:E9,MATCH(B13,C3:C9,0),MATCH(B14,C3:E3,0))
This is a sophisticated different approach to VLOOKUP or HLOOKUP formulas which has many drawbacks and limitations. INDEX MATCH may be a powerful combination of excel formulas that may take your financial analysis to a next level.

IF AND formula

=IF(AND(C2>=C4,C2<=C5),C6,C7)

Anyone who has spent a great deal of time doing numerous types of financial models is aware of nested IF formulas can be a nightmare. IF AND formulas can be an excellent way to keep formulas easier to understand and audit.

 SUM IF and COUNTIF formula

=COUNTIF(D5:D12,”>=21”)

These advanced formulas are excellent and used of conditional functions. COUNTIF counts all cells that meets certain criteria where as SUMIF adds alls the cells that meet certain criteria.

CONCATENATE formula

=A1&”more text”

Concatenate is an innovative way of combining information from various cells and then making the worksheets more dynamic. 

 LEFT, CELL, MID and RIGHT functions: 

These are the advanced Excel functions, which are combined in order to create advanced and complex formulas for appropriate use. The LEFT function can return the text from the beginning of a cell, that is from left to right. 

The CELL function returns array of information about the contents of a cell such as row, column and so on. MID function can return text from any start point of the cell, that is, from left to right, and the RIGHT function can return the text from the end of the cell, that is, right to left.

If a person has to operate MIS regularly, advance excel has very significant use for him/ her as it help in enhancing the data proficiency and reduces the working hours. It also allows you to complete your tasks and analyze your data more quickly and proficiently.   

Advanced excel skills

Advanced excel skills logo

There are numerous advanced excel skills that needs to be acquired to learn and operate advanced excel effectively. The topics that come under the preview of advanced excel skills are as follow:

  1. Pivot charts.
  2. Pivot tables and pivot reporting
  3. Data validation
  4. VBA and macros
  5. Using excel productively.
  6. Data tables, simulations, and solver.
  7. Integrating excel with other tools and optimizing excel

To become an Advance user of Excel, one needs to have an in depth knowledge of all the terms and aspect associated with Advance Excel.

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30 Comments

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