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 Duration 7 hours

Course Outline

Introduction to Excel-Based Problem Solving

  • Recognizing Excel as a vital instrument for business analysis and modelling
  • Implementing structured problem-solving methodologies
  • Converting business inquiries into analytical models
  • Strategizing an efficient Excel modelling workflow

Excel Fundamentals for Data Analysis

  • Managing Excel workbooks and worksheets
  • Comprehending cells, ranges, tables, and reference types
  • Formatting data to optimize analysis and reporting
  • Leveraging Excel features for efficient analytical tasks

Data Collection, Preparation, and Formatting

  • Importing and structuring data
  • Refining and preparing datasets for use
  • Formatting data to ensure analytical integrity
  • Utilizing data validation and structured tables

Formulas and Functions for Modelling

  • Grasping the logic behind formulas and calculations
  • Employing essential Excel functions for analysis
  • Utilizing conditional, lookup, and logical functions
  • Constructing dependable and reusable calculations

Designing Excel Models

  • Understanding spreadsheet architecture and model flow
  • Establishing logical connections between data inputs, computations, and outputs
  • Developing models that are both scalable and maintainable
  • Adhering to best practices in modelling

Data Analysis and Reporting with Excel

  • Generating charts and visual summaries
  • Utilizing PivotTables and PivotCharts
  • Creating effective reports and dashboards
  • Communicating insights clearly to stakeholders

Scenario and Sensitivity Analysis

  • Constructing models that accommodate variable assumptions
  • Executing scenario analysis
  • Applying sensitivity analysis to assess outcomes
  • Facilitating more informed business decision-making

Model Testing and Quality Assurance

  • Verifying formulas and computational accuracy
  • Validating the results produced by the model
  • Detecting and correcting errors
  • Implementing best practices to ensure model precision and reliability

Data Visualisation and Presentation

  • Choosing suitable visualizations
  • Enhancing the clarity and communication of insights
  • Preparing professional Excel presentations
  • Distributing analysis to business users

Practical Workshop and Course Review

  • Developing an Excel model based on a specific business scenario
  • Applying analysis and reporting methods
  • Evaluating modelling approaches
  • Summarizing the course and outlining next steps

Requirements

  • A fundamental grasp of Excel

Target Audience

  • Data Analysts

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