Advanced Excel is a feature of Microsoft Excel that allows users to manage large and complex data sets. It’s a data analysis and reporting program that includes formulas and tools to help users perform complex calculations and make their work more efficient. Advanced Excel skills are in demand in many industries, especially those that rely on data-driven decision-making, such as financial services, data analysis, and market research. Advanced Excel skills include the ability to produce graphs and tables, use spreadsheets efficiently, and perform calculations and automation to process large volumes of data. With the rise of big data and data analytics, advanced Excel skills are a real asset both during the job hunt and everyday work tasks.
MS Excel is a software program produced by Microsoft that allows users to organize, format, and calculate data with formulas using a spreadsheet system.
When you start Excel, it doesn't automatically open a blank page. Instead, you'll see Excel's Home page, where you will get the opportunity to open an existing spreadsheet or choose a template. Excel displays spreadsheets you have recently used or pinned.
A conditional format changes the appearance of cells on the basis of conditions that you specify. If the conditions are true, the cell range is formatted; if the conditions are false, the cell range is not formatted.
Put the mouse pointer over the bottom right-hand corner of the cell until it's a black plus sign. Click and hold the left mouse button, and drag the plus sign over the cells you want to fill. And the series is filled in for you automatically using the AutoFill feature.
A Pivot Table is used to summarise, sort, reorganize, group, count, total or average data stored in a table. It allows us to transform columns into rows and rows into columns. It allows grouping by any column and using advanced calculations on them.
A macro is an action or a set of actions that you can run as many times as you want. When you create a macro, you are recording your mouse clicks and keystrokes.
Advanced excel has more advanced elements that are not discussed in basic excel. Some of these are math, financial and statistical formulas.
A customizable toolbar is located in the upper left corner of the Excel window, above the ribbon. If you want QAR to be closer to the worksheet area, you can move it below the ribbon.
Features
- Conditional formatting Applies formatting to a cell or range of cells based on the value of the cell or a formula. For example, a cell can appear bold when its value is greater than 500.
- VLOOKUP Combines data from multiple workbooks or sheets into a centralized location. This can be useful for preparing reports.
- SUMIF Summarizes cells that meet specific conditions. For example, SUMIF can add together all the profits from a row containing a particular product.
- INDEX MATCH A combination of the INDEX and MATCH functions. INDEX returns the value of a cell in a list or table, while MATCH returns the position of a cell in a row or column.
- CONCATENATE Combines dates, numbers, text, and other input from multiple cells into a single cell.