What is Data Validation in Excel? Data validation in Excel is an existing and accessible tool to ensure data integrity while building a financial model. Although it is only an easy extra step, data validation in Excel is an extremely useful tool to secure your model inputs and outputs. This article is intended to provide…
What is a Pivot Table in Excel? A pivot table allows you to organize, sort, manage and analyze large data sets in a dynamic way. Pivot tables are one of Excel’s most powerful data analysis tools, used extensively by financial analysts around the world. In a pivot table, Excel essentially runs a database behind the…
Learn about the ten essential advanced Excel formulas for financial analysts, including INDEX MATCH, IF combined with AND/OR, OFFSET with SUM or AVERAGE, CHOOSE, XNPV and XIRR, SUMIF and COUNTIF, PMT and IPMT, LEN and TRIM, CONCATENATE, and CELL functions. These Excel formulas are crucial for performing complex data analysis, financial modeling, and enhancing spreadsheet…
Common Confusions in Excel When working on financial models within Excel, it is quite common to come across some of the following confusions. It may seem like Excel is bugging, but in reality, there are some easy fixes to common Excel confusions. Check out our FREE Excel crash course to avoid making these easy mistakes. Common…
Excel Shortcut Keys Excel shortcut keys come in handy to maneuver through Excel much faster and more efficiently. In fact, using shortcut keys is much quicker than using a mouse. What are Navigational Shortcut Keys? Navigational shortcut keys help the user move around within Excel. These shortcut keys allow the user to move across cells…
Why Use Excel Shortcuts? An often-overlooked method of increasing productivity when working in an Excel model is to use Excel shortcuts, or shortcut keys. These shortcut keys perform major functions that, when used instead of clicking in the toolbar, dramatically increase efficiency and speed. Imagine simply pressing two or three keys on the keyboard as…
How to Combine IF with AND functions In Excel, you can combine IF with AND functions to return a value based on two different numbers. It can be very useful when performing financial modeling and when you are creating conditional situations. In this article, learn how to build an IF statement between two numbers so you…
What is a Sales Tax Decalculator? A sales tax decalculator will tell you the pre-tax price of a good or service when the total price and tax rate are known. You can download our free Excel template to determine the pre-tax price. How the Sales Tax Decalculator Works The Excel sales tax decalculator works by…
What is the Excel ROUNDDOWN Function? When performing financial analysis in Excel, it’s often useful to round down a number to either a decimal place or a whole number. Thankfully, with the Excel ROUNDDOWN Function, this task is quite easy, even for a large dataset. In this tutorial, we will show you how to round…
What are VBA Macros in Excel? VBA Macros use the Visual Basic Application in Excel to create custom user-generated functions and speed up manual tasks by creating automated processes. Additionally, VBA can be used to access the Windows Application Programming Interface (API). One of its main uses is to change and customize the user interface…
