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USEFUL EXCEL FORMULAS AND FUNCTIONS

Course Introduction

A formula is an expression which calculates the value of a cell. Functions are predefined formulas and are already available in Excel.

Every function has the same structure. It’s not easy to remember which function and which arguments to use for each task. Fortunately, the Insert Function feature in Excel helps you with this.

Course objective

  • At the end of this course you will have a greater understanding of building complex formulas using nested functions (such as IF statements).
  • You will find quicker ways to customise formulas by taking advantage of the built-in functions available in Excel. Save time by learning more sophisticated search & auditing techniques when working with data-heavy spreadsheets

Course Content

Day 1: 9am – 5pm

1.0 Building complex formulas

– Using nested IF statements

– Creating compound logical tests using AND, OR, NOT functions with IF statements

– Nesting LOOKUP functions

– Source table structure information using CHOOSE function

– Using MATCH function to locate data

– The INDEX function for retrieving information by location

– Using a nested formula containing INDEX, MATCH and MATCH (two-way lookup)

 

2.0 Advanced functions in formulas

– Using COUNTIFS, SUMIFS & AVERAGEIFS for tabulating data based on single/multiple criteria

– Statistical functions; MEDIAN, MODE, RANK, LARGE, SMALL, ROUND, MOD

– AGGREGATE function to sum data in ranges with errors

– Use a variety of Financial functions such PMT, FV, IRR

 

Day 2: 9am – 5pm

3.0 Data & Text Functions

– Smarter ways to calculate date & time; TODAY

– NETWORKDAYS, WORKDAY, DATEDIF

– Use TYPE to identify data type of existing cell contents

– Text functions; UPPER, PROPER, FIND, MID, SEARCH, LEFT, RIGHT, LEN

– TRIM excess space in cells

 

4.0 Introduction to Array formulas

– Using embedded Excel Array formulas

– Create an Array formula

 

5.0 Auditing formulas

– Tracing formula precedents, dependents, and errors

– Correcting errors in formulas

– Combining IF with VLOOKUP to suppress error messages

– Using the IS information function

– Error checking functions; ISERR, ISERROR, IFERROR

 

USEFUL EXCEL FORMULAS AND FUNCTIONS

By:   HYBRID PUBLIC PROGRAM

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