Data Analysis Techniques using Microsoft Excel

Master Excel tools for organizing, analyzing, and interpreting data. Focus on practical applications like sorting, filtering, and charting.

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Track
Back Office
Level
Beginner
Language
English
Duration
30 hours
Learning Mode
Learn at ALC or at Home
Introduction
What you'll learn ?
Syllabus
Work-Centric Approach

Introduction

  • Understanding the fundamentals of Excel functions and formulas.
  • Applying various functions in formulas for data manipulation and analysis.
  • Utilizing mathematical functions for statistical analysis and calculations.
  • Implementing financial functions for financial analysis and calculations.
  • Leveraging data functions for data manipulation and extraction.
  • Utilizing useful functions for error checking and dynamic formula creation.
  • Performing lookup operations using different lookup functions.
  • Handling date and time data effectively using advanced date and time functions.
  • Manipulating text data using text functions for extraction, manipulation, and formatting.
  • Understanding and utilizing arrays for complex data analysis.
  • Using what-if analysis tools to analyze different scenarios and make informed decisions.
  • Creating and merging scenarios to evaluate various possibilities and outcomes.
  • Generating scenario summaries and pivot table reports for comprehensive analysis and presentation.

What you'll learn ?

  • Apply advanced Excel functions and formulas to manipulate and analyze data effectively.
  • Utilize mathematical functions for statistical analysis and calculations.
  • Perform financial analysis and calculations using financial functions.
  • Manipulate and extract data efficiently using data functions.
  • Implement error checking and dynamic formula creation using useful functions.
  • Conduct lookup operations to retrieve data from different sources.
  • Handle date and time data effectively using advanced date and time functions.
  • Manipulate text data for extraction, manipulation, and formatting using text functions.
  • Analyze scenarios and make informed decisions using what-if analysis tools.
  • Create and merge scenarios to evaluate various possibilities and outcomes.
  • Generate scenario summaries and pivot table reports for comprehensive analysis and presentation of results

Syllabus

Formulas & Functions
  • Introduction to Functions, Common Types of Arguments, Parts of Functions
  • Advanced Aspects of Functions, Searching for a Function
  •  Using the Functions
  • Using the SUM and AVERAGE Functions
  • Using the IF Function
  • Analysing the IF Function
  • Using the OR Function
  • Using the AND Function
  • Using the OR Operator Function
  • Nesting the IF Statement
  • Analysing the Nested IF Function
  • Using the NOT Function
  • Using the SUMIF Function
  • Using the SUMIFS Function
  • Using the AVERAGE and MEAN Functions
  • Using the MODE Function
  • Using the MEDIAN Function
  • Area and Volume Calculations
  • Rounding Decimal Places
  • MOD and INT Functions and Uses
  • Using the Random Function
  • Using the RANDBETWEEN Function
  • EMI Calculations
  • Calculating Monthly Instalment and Interest
  • Calculating Principal Amount
  • Calculating Balance Amount
  • Using PV Function
  • Using FV Function
  • The CHOOSE Function
  • Using the MATCH Function
  • Using the INDEX Function
  • Using the MATCH and INDEX Functions Working Together
  • The CELL Function and Determining File or Sheet Names
  • Using the ISBLANK Function
  • Error Checking Using the ISERROR Function
  • Error Checking Using the IFERROR Function
  • OFFSET Function: Display the Value in Cell
  • OFFSET Function: Calculating a SUM
  • OFFSET Function: Creating a Dynamic Named Range
  • Using the INDIRECT Function
  • INDIRECT Function to Build Dynamic Formulas
  • Using the LOOKUP Function
  • Using the VLOOKUP Function
  • Using the HLOOKUP Function
  • VLOOKUP in Live Action
  • Lookups Nested Within Lookups
  • Working with Date and Time in Excel
  • Using the YEAR, MONTH, DAY, HOUR, MINUTE AND SECOND Functions
  • Calculation Between Two Dates
  • Calculating Person’s Age Using Excel
  • Using Functions to Serialize Date
  • Using the TIMEVALUE Function
  • LEFT: Text Manipulation
  • RIGHT: Text Manipulation
  • LEN: String Extractions
  • TRIM: String Extractions
  • Changing Case Function
  • CONCATENATE: Building Strings From Multiple Cells
  • REPLACE and SUBSTITUTE: Two More String Manipulation Function
  • Using the FIND and MID Text Functions
  • FIND and MID: Text Functions Working Together
  • Formatting Numeric and Date Values Using TEXT
  • IF ARRAY Formulas
  • Transpose-Shift
  • What-If Analysis Tools
  • Using Goal Seek
  • What are Scenarios?
  • Possible Scenarios
  • Naming Cells
  • Creating a Scenario
  • Second Scenario
  • Third Scenario
  • Viewing a Scenario
  • Quick Access to Scenarios
  • Merging Scenarios
  • Other Scenarios
  • Merging Process
  • The Merge Scenarios Window
  • Types of Scenario Summaries
  • Creating Scenario Summary
  • Understanding Scenario Summary
  • Creating Scenario PivotTable Report
  • Modifying Scenario PivotTable Reportc

Work-Centric Approach

The academic approach of the course focuses on ‘work-centric’ education. With this hands-on approach, derive knowledge from and while working to make it more wholesome, delightful and useful. The ultimate objective is to empower learners to also engage in socially useful and productive work. It aims at bringing learners closer to their rewarding careers as well as to the development of the community.

  • Step 1: Learners are given an overview of the course and its connection to life and work
  • Step 2: Learners are exposed to the specific tool(s) used in the course through the various real-life applications of the tool(s).
  • Step 3: Learners are acquainted with the careers and the hierarchy of roles they can perform at workplaces after attaining increasing levels of mastery over the tool(s).
  • Step 4: Learners are acquainted with the architecture of the tool or tool map so as to appreciate various parts of the tool, their functions, utility and inter-relations.
  • Step 5: Learners are exposed to simple application development methodology by using the tool at the beginner’s level.
  • Step 6: Learners perform the differential skills related to the use of the tool to improve the given ready-made industry-standard outputs.
  • Step 7: Learners are engaged in appreciation of real-life case studies developed by the experts.
  • Step 8: Learners are encouraged to proceed from appreciation to imitation of the experts.
  • Step 9: After the imitation experience, they are required to improve the expert’s outputs so that they proceed from mere imitation to emulation.
  • Step 10: Emulation is taken a level further from working with differential skills towards the visualization and creation of a complete output according to the requirements provided. (Long Assignments)
  • Step 11: Understanding the requirements, communicating one’s own thoughts and presenting are important skills required in facing an interview for securing a work order/job. For instilling these skills, learners are presented with various subject-specific technical as well as HR-oriented questions and encouraged to answer them.
  • Step 12: Finally, they develop the integral skills involving optimal methods and best practices to produce useful outputs right from scratch, publish them in their ePortfolio and thereby proceed from emulation to self-expression, from self-expression to self-confidence and from self-confidence to self-reliance and self-esteem!