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UNLEASH THE POTENTIAL
WITH EXCEL

Excel is the key for managing data.It allows complex

1 calculations and creating charts

It’s functions are crucial for accuracy ,time saving ,and

2 decision making across sectors

Excel continuously updates with new functions ,features

3 and integrations to stay ahead of data analytics

Proficiency in Excel open doors to various opportunities

4 in the data-driven era

Sumit Gulati, CEO & Founder, FINEXCELACADEMY

 ABOUT US

FINEXCELACADEMY (8DUZITE LEARNING AND CONSULTANTS) is a

training and consulting provider whose core focus is to reshape how
you learn Finance, Excel, Power BI, AI Tools in Education, MS Projects,
etc. FINEXCELACADEMY was established in 2017, with a vision to
create world-class content and provide a world-class learning
environment to participants worldwide. With a strong focus on
processes, we have touched the lives of more than 60,000
participants from over 100 countries. We cater to the requirements of
corporations, professionals, colleges, universities, and students.

About the Founder

Sumit Gulati is the Founder of ‘8DUZITE LEARNING AND CONSULTANTS

and ‘FINEXCELACADEMY’. He has more than 16 years of experience in
industry, academia, and training. He has touched the lives of more than
50,000 students/professionals including more than 1,000 international
delegates/executives from 100+ countries.

His training in Data Analysis Using Advance Excel, Data Visualization Using
Excel, Power BI, Financial Modelling, Start-up Modelling, MS Projects,
Corporate Finance, etc, has received tremendous feedback from
participants, including international delegates.

He shares his Excel knowledge over various social media platforms, viz
Instagram, Facebook, and YouTube. On April 17, 2018, he was featured in an
International Podcast: ‘The Entrepreneurial You with Heneka Watkis
Porter’. The interview talk was titled: ‘Leveraging Microsoft Excel for
Optimal Productivity & Performance, with Sumit Gulati’.

He is the author of the book ‘Financial Management’ (I.S.B.N: 978-93-

90219-26-1), published by one of the top publishers; ‘McGraw Hill
Education’. His book is referred to and has been adopted by many
institutes both in India and Abroad .He is associated as a visiting faculty in
many premier institutes of India. He has also taken guest sessions in many
institutes of India and Abroad. He is qualified as an MBA (Finance), B.E,
DIBF, and CFA (Level 1).

CLICK HERE TO LISTEN THE PODCAST

 Reshape the Way You Learn Finance and Excel

EDITION 2 - JULY 2024

Unlock the full potential of Excel with us! Our monthly newsletter is your
ultimate guide to mastering data management, analysis, and visualization.
Our new Excel newsletter is your secret weapon for conquering complex data
challenges. Stay tuned for invaluable tips, tricks, and strategies!

Excel users never age they just keep

getting better with formulas.

Highlights of this Edition

ADVANCED EXCEL FUNCTIONS-
INDEX
01 MATCH
XLOOKUP

NEW ADDITIONS TO EXCEL-

02 TOCOL
TOROW

DIFFERENCE BETWEEN-
FIND & SEARCH
03 IF & SWITCH
CONCAT & TEXTJOIN

04 BRAIN TEASER
DATASET

Sumit Gulati, CEO & Founder, FINEXCELACADEMY

 INDEX Function
It is a powerful function in Excel that find the cell's value from
its row and column number.
INDEX(array, row_num, [column_num])
If column
number/row
number is
omitted, it
The range of cells The row number The column number
shows or array containing within the array within the array
reference the data to be where the desired where the desired
error.
searched. value is located. value is located.

Find the category of the product mentioned in Cell A4.

Array

Row
Column
number
number

MATCH Function
It is a versatile function that finds and returns the relative
position of a specified item in a range of cells.

MATCH(lookup_value, lookup_array, [match_type])

1 LESS THAN

0 EXACT MATCH The value to search The range of cells or An optional

-1 GREATER THAN for in the array containing the argument defining
lookup_array. data to be searched. the type of match.

Find
the Position Range containing
of the name Employee Names.
present in
cell F2 in
the Exact Match
“Employee
Name”
Value to be
Column.
searched.
https://beacons.ai/sumitexceltipsandtricks
 “VLOOKUP”
only searches for No need to worry!!
values in the first INDEX+MATCH is the
column of the specified key.
range and can only
return values from
columns to the right.

In this case, VLOOKUP cannot be used as we need to search

for "Michael Brown" in the Employee Name column
(rightmost column) and return the value from the
Department column (leftward column).

Find the
Department
of the
employee
named
"Michael
Brown".

Array from The range where Column in array

The employee Specifies
which the the employee from which to
name you are an exact
department is names are return the
looking for. match.
to be retrieved. located. value.

https://beacons.ai/sumitexceltipsandtricks
 XLOOKUP Function
XLOOKUP is used for searching a range or an array and returning
a corresponding value based on the first match found. If no
XLOOKUP
needs match exists, then XLOOKUP can return the closest
Excel 365 (approximate) match.
or Excel
on the
web or The range or array
The value you The range or array
Excel containing the values
2021. want to find. to search.
to return.

XLOOKUP(lookup_value, lookup_array, return_array,

NOTE [if_not_found], [match_mode], [search_mode])
XLOOKUP surpass
older lookup
functions like
VLOOKUP and
HLOOKUP, offering
What to return if Specifies how Specifies the
greater flexibility the lookup_value is Excel should search mode.
and more features.
not found. match.

[match_mode] [search_mode])

0 Exact match (default). 1 Search from first to last.

-1 Exact match or next smaller item. -1 Search from last to first.

1 Exact match or next larger item. 2 Binary search in ascending order

2 Wildcard values -2 Binary search in descending order

The customer The range or

name you want to array containing
find. transaction
date.

Find the
transaction
date for
"Mary Clark"
and return
"Not Found"
if the What to return if
customer The range the specified
does not
exist.
containing customer name
customer name. is not found.
https://beacons.ai/sumitexceltipsandtricks
 New Additions to Excel
Enhancing
Excel data
layout!! 1.TOCOL Function-Returns the array in a single column.
TOCOL(array, [ignore], [scan_by_column])

The range or array Specifies what to Determines

to be converted ignore when whether data is
into a column. converting. scanned by column.

These
functions are To watch the
exclusive video tutorial for
to Microsoft TOROW & TOCOL
365. click on the link
given below

0 Keep all values

1 Ignore blanks

2 Ignore errors

Ignore blank &

3 errors

2.TOROW Function-Returns the array in a single row.

TOROW(array, [ignore], [scan_by_column])

IN BOTH THE
FUNCTIONS-
BY DEFAULT
THE ARRAY IS The range or array Specifies what to Determines whether
SCANNED BY
ROW. to be converted ignore when data is scanned by
into a row. converting. column.

https://beacons.ai/sumitexceltipsandtricks
 FIND SEARCH

FIND function is SEARCH function is

case-sensitive i.e. it not case-sensitive i.e. Both are used to
distinguishes it does not locate the
between uppercase distinguish between position of a
and lowercase uppercase and substring within
letters. lowercase letters. a text string.

Excel was the first

IF SWITCH
software that had
a toolbar.

Evaluates a single Evaluates an

Both functions condition and return expression against a
are used for one of the two values list of values and
conditional logic,
based on whether the return the
returning different
condition is TRUE or corresponding result
values based on
certain
FALSE. for the first match.
conditions.

CONCAT TEXTJOIN

Delimiter needs to be Delimiter can be

added repeatedly added easily.
after each element It can be set to Both functions
wherever required . ignore empty are used to
Includes empty cells/strings. combine multiple
cells/strings in the text strings into
result. one.

WINDOWS SHORTCUTS MAC SHORTCUTS

DEFINE NAME Ctrl+F3 DEFINE NAME Fn+Ctrl+F3

ADD HYPERLINK Ctrl+K ADD HYPERLINK +K

SELECT ENTIRE ROW Shift+Space SELECT ENTIRE ROW Shift+Space

SELECT ENTIRE COLUMN Ctrl+Space SELECT ENTIRE COLUMN Ctrl+Space

EXPAND/COLLAPSE
Ctrl+F1 EXPAND/COLLAPSE RIBBON +Alt+R
RIBBON

https://beacons.ai/sumitexceltipsandtricks
 Brain Teaser
Which of the following functions returns the
number of working days between two dates?

A. WORKDAYS(start_date, B. NETWORKDAYS(start_date,
end_date) end_date)

C. WEEKDAYS(start_date, D. DAYS(start_date,
end_date) end_date)

If you want to create a drop-down list in a cell,

which feature would you use?

A. Data Validation B. Conditional Formatting

C. Filter D. Advanced Filter

Answer
Key
What does the TREND function in Excel do?
Ans 1.(B)
Ans 2.(A)
Ans 3.(A) A. Calculates future values B. Sorts data in ascending
based on a linear trend order

C. Filters data based on D. Creates a chart

criteria

Refer to the given data to answer the following questions-

To 1. Add a new column to the table on Sheet1 to include the amount spent
on fruits from Sheet2.
Download 2. Determine the health status of the customer with the provided ID in
the cell K2 based on the parameters given in the table 1.1.

dataset,
click on
the link
below.

HINT
Formula- =XLOOKUP(XLOOKUP(K2,B2:B542,E2:E542,"Not defined",-1),H2:H5,I2:I5,2,-1)
Use Ans- Diabetic
INDEX+MATCH
https://beacons.ai/sumitexceltipsandtricks
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