# Become An Excel Pro With These Tips and Tricks!

Last updated on March 22nd, 2024 at 04:35 am

Excel Pro is one of the best tools to analyze big amounts of data in Excel. It has a ton of useful functions that can help anyone manipulate and organize their data efficiently. However easy Excel may be, it contains a lot of nifty functions, and itâ€™s easy to get lost.

Excel is a particularly important course curriculum in chartered financial analyst courses or any of the financial modeling courses online.

# What is Financial Modelling?

Financial modeling is the procedure in which a summary is created of the companyâ€™s earnings and expenditures in the form of a spreadsheet or Excel. This spreadsheet can be used to evaluate the effect of any future decision or event on the company.

A financial model can be used by chartered financial analysts to perform SWOT analysis and analyze and anticipate the companyâ€™s stock performance by executive decisions and any future events. Financial Modelling can be better learned by taking financial modeling courses.

# Advantages of becoming an Excel Pro

There are many benefits of learning Excel Pro; it will-

• Improve your efficiency and productivity
• Make you better at organizing data and doing a SWOT analysis
• Increase your value at the company as a chartered financial analyst

# Tips and Tricks to Become an Excel Pro

Here are some tips and tricks that can be used in Excel to become a pro in no time-

1. Pivot Tables-A versatile feature, you can use them to total, average, sort, or count data stored in any large spreadsheet and cut and display them in a new table in the way you want.
2. Flash Fill-It analyzes the data being entered and automatically starts filling up information when it finds a pattern.
3. Filters-Filtering efficiently hides data and information that is of no use to you.
4. Conditional Formatting-It changes the color and contents of a cell on certain conditions being fulfilled.
6. Charts-You can learn how to use more than 20 types of charts. Example- Pie chart, Line chart, Scatter chart, Bar chart, Column chart, etc.
7. SUMIF-Similar to COUNTIF, it will help you sum up the cells with specific properties.
8. IFERROR-It will help you enclose any formula in IFERROR and remove or avoid errors like #####, #REF!, #VALUE!, etc.
9. Slicers-It shows and hides specific data as required by offering big friendly buttons, tell the current filtering state, and helps keep an eye on the PivotTable reports.
10. Power Pivots-It connects your PivotTable with external databases and can be refreshed by a prompt. This helps in processing much larger datasets.
11. Sparkline-It is a tiny, small chart in a worksheet cell that gives a visual portrayal of the selected data.

# Conclusion

If you want to learn more such tricks and want to become an Excel pro in no time, financial modeling courses will help you. You can opt for a chartered financial analyst course like Financial Analysis Prodegree and become a pro by learning from the best.

Finance