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Power Excel: Analysing Data to Make Business Decisions

This course is about harnessing the power of Microsoft Excel to analyse business problems and identify solutions, allowing you to turn data into information to make sound decisions that, in today's fast-paced climate, can lead to a competitive business advantage. You gain the knowledge and hands-on skills required to exploit Excel's intermediate and advanced features, such as PivotTables and PivotCharts.

In this course, you gain experience with the following:

  • Financial and statistical functions
  • Scenario Manager, Solver and Goal Seek
  • 3-D worksheets
  • Data consolidation
  • Subtotaling
  • PivotTables and PivotCharts
  • Creating and examining macros

This course is applicable to all versions of Excel from Excel 97 to Excel 2013. Furthermore, you can complete the Hands-On exercises in either Excel 2013, 2010, 2007 or 2003, allowing you to choose the version that better suits your needs.

Learning Objectives

You Will Learn How To:

  • Leverage features of Microsoft Excel to facilitate business decisions
  • Develop intelligent worksheets to quickly identify KPIs
  • Perform "what-if" analyses for developing budget and project plans
  • Summarise and analyse large amounts of data using PivotTables and Excel features
  • Automate Excel processes

Hands-On Experience:

  • Automating lookup calculations
  • Reducing speculation with "what-if" analyses
  • Consolidating and summarising data contained in multiple worksheets and workbooks
  • Defining the best combination of values to solve problems
  • Creating interactive reports with PivotTables

Pre-Requisites

Experience with Excel fundamentals is assumed. You should be able to:

  • Open, save and close workbooks
  • Reference cells through absolute and relative addressing
  • Create simple formulas
  • Access worksheets in a workbook
  • Insert and delete worksheets
  • Cut, copy and paste information from one cell to another
  • Use AutoFill
  • Format numbers in a worksheet
  • Resize columns and rows

Course Content

Troubleshooting and Enhancing Professional Workbooks

  • Deciphering and correcting functions for data integrity
  • Accurately interpreting calculations
  • Implementing Names to enhance your workbook model
  • Monitoring KPIs using conditional formatting

Analysing Data with Functions

Summarising business data with functions

  • Identifying the correct statistical function to aid analysis
  • Applying basic financial functions
  • Differentiating serial dates and date presentations
  • Calculating the number of working days

Controlling calculations and nested formulas

  • Interpreting data variations with the IF function
  • Streamlining calculations with referencing
  • Developing nested functions for multiple conditions
  • Capturing information with lookup functions
  • Applying techniques to implement and troubleshoot nested calculations

Optimising Workbook Models with "What-If" Analysis

Planning for contingencies

  • Managing variables in worksheets with Scenarios
  • Comparing and contrasting different data sets with scenario reports

Quantifying variables in a workbook model

  • Determining the magnitude of a variable with Goal Seek to achieve an end value
  • Calculating the optimum variable values in a worksheet model with Solver

Summarising Business Information

Organising workbooks and links

  • Arranging multiple workbooks with Workspaces
  • Managing external links

Consolidating ranges

  • Building 3D formulas to analyse worksheet data
  • Summarising multiple sources of Excel information into one worksheet

Formulating Decisions from Database Information

Distilling data sets for data analysis

  • Managing multiple data sets on a single worksheet with the Table feature
  • Defining an Excel data set to ensure appropriate use of built-in features
  • Extracting unique lists of records from an Excel data set with the Advanced Filter
  • Analysing data sets with filters and aggregation

Interpreting and refining data with PivotTables

  • Defining data summaries interactively
  • Summarising data sets with grouping and aggregation
  • Comparing related totals dynamically
  • Filtering details with Report Filters and Slicers

Visualising and exploring PivotTable reports

  • Presenting PivotTable reports effectively with PivotCharts
  • Examining data patterns with Sparklines
  • Analysing multiple tables of data with Power Pivots
  • Discovering and presenting information with Power View

Enhancing Excel Usage with Macros

Automating repetitive tasks

  • Simplifying complex tasks and reducing errors
  • Bulletproofing routine editing and formatting
  • Invoking macros with Form controls

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Virtual Classroom

Virtual classrooms provide all the benefits of attending a classroom course without the need to arrange travel and accomodation. Please note that virtual courses are attended in real-time, commencing on a specified date.

Virtual Course Dates

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