This document provides an overview of basic Excel formulas for beginners. It defines formulas and functions, and describes five common ways to insert formulas in Excel, including typing directly in a cell or using the Insert Function option. Seven basic formulas are also outlined: SUM, AVERAGE, COUNT, COUNTA, IF, TRIM, and MAX/MIN. The document recommends additional resources for continuing to develop Excel skills.
Watch this with a 10-15 minute audiotrack at http://vimeo.com/novusprogram/powerpoint1
This lesson provides information on the basics of PowerPoint, Microsoft’s powerful presentation development tool. The topics covered include a basic review of the program’s toolbars and options, and an introduction to slide creation. The objective of the lesson is for the user to be comfortable with operations like opening and creating PowerPoint documents, saving PowerPoint documents, navigating the options and toolbar, adding new slides, formatting text, formatting textboxes, using different program views, and starting a presentation. The lesson teaches concepts through a combination of image-based slides and video tutorials.
The Novus project is a combination of video tutorials designed to be used in conjunction with a free business simulation software program. The Novus Business and IT Program contains 36 business and IT training videos, covering basic finance, accounting, marketing, economics, business strategy, Word, Excel, and PowerPoint. Users will have an opportunity to apply the lessons in the Novus Business Simulator. Over six rounds, the user or teams will have to make decisions on capital purchases, financing, production, financing, and human resources for a microbrewery. This channel has arranged the 36 video lessons into the order in which they are meant to be used with the simulator. To watch this slideshow as a video, please go to our Vimeo page at: https://vimeo.com/novusprogram. To download our free business simulation software, please go to our SourceForge page at: http://sourceforge.net/projects/novus/.
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This power point can be used to teach children ages 7-12 about some basic functions of the Excel program. This power point helps explain columns, rows, creating graphs & analyzing data. This is a fun power point that can be used as a teaching aid that can allow kids to get excited!
Watch this with a 10-15 minute audiotrack at http://vimeo.com/novusprogram/powerpoint1
This lesson provides information on the basics of PowerPoint, Microsoft’s powerful presentation development tool. The topics covered include a basic review of the program’s toolbars and options, and an introduction to slide creation. The objective of the lesson is for the user to be comfortable with operations like opening and creating PowerPoint documents, saving PowerPoint documents, navigating the options and toolbar, adding new slides, formatting text, formatting textboxes, using different program views, and starting a presentation. The lesson teaches concepts through a combination of image-based slides and video tutorials.
The Novus project is a combination of video tutorials designed to be used in conjunction with a free business simulation software program. The Novus Business and IT Program contains 36 business and IT training videos, covering basic finance, accounting, marketing, economics, business strategy, Word, Excel, and PowerPoint. Users will have an opportunity to apply the lessons in the Novus Business Simulator. Over six rounds, the user or teams will have to make decisions on capital purchases, financing, production, financing, and human resources for a microbrewery. This channel has arranged the 36 video lessons into the order in which they are meant to be used with the simulator. To watch this slideshow as a video, please go to our Vimeo page at: https://vimeo.com/novusprogram. To download our free business simulation software, please go to our SourceForge page at: http://sourceforge.net/projects/novus/.
DOWNLOAD SLIDE HERE:
http://picocurl.com/WOk
For questions, feel free to LIKE and SEND A MESSAGE on my FB Page.
https://www.facebook.com/ayameproductions/
This power point can be used to teach children ages 7-12 about some basic functions of the Excel program. This power point helps explain columns, rows, creating graphs & analyzing data. This is a fun power point that can be used as a teaching aid that can allow kids to get excited!
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This presentation introduces you to basic Excel function syntax and usage, and runs through some basic mathematical functions.
Contents:
***Standard Function Syntax***
Elements of an Excel Function
Inputting Function Arguments
AutoComplete for Functions
***Basic Numerical Functions***
Using Sum(), Max(), Min(), Average() and Count()
Functions Update Automatically as Arguments Change.
Using Comma and Colon to Reference Cells & Ranges.
Using Cell References, Values, Formulas or other Functions as Arguments.
Inserting a Formula into Many Cells at Once with CTRL+ Enter.
***The AutoSum & Quick Analysis Feature***
The Autosum Tool
The Quick Analysis Feature
***Function Library & Insert Function Tool***
Using the ‘Insert Function’ Tool.
***Editing & Deleting Functions***
Editing & Deleting Functions with Mouse & Keyboard
Editing a Function with the Insert Function Tool
Top 20 microsoft excel formulas you must knowAlexHenderson59
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2. INTRODUCTION
Mastering the basic Excel formulas is critical for beginners to
become highly proficient in financial analysis.
Microsoft Excel is considered the industry standard piece of
software in data analysis.
Microsoft’s spreadsheet program also happens to be one of the
most preferred software by investment bankers and financial
analysts in data processing, financial modeling, and presentation.
This guide will provide an overview and list of basic Excel
functions.
4. BASICTERMS IN EXCEL
There are two basic ways to
perform calculations in
Excel: Formulas and
Functions.
5. 1. FORMULAS
In Excel, a formula is an expression
that operates on values in a range of
cells or a cell. For example,
=A1+A2+A3, which finds the sum of
the range of values from cell A1 to cell
A3.
6. 2. FUNCTIONS
Functions are predefined formulas in
Excel.They eliminate laborious
manual entry of formulas while
giving them human-friendly names.
For example: =SUM(A1:A3).The
function sums all the values fromA1
to A3.
7. FIVETIME-SAVING WAYSTO INSERT DATA
INTO EXCEL
When analyzing data, there are five
common ways of inserting basic Excel
formulas. Each strategy comes with its
own advantages.Therefore, before diving
further into the main formulas, we’ll
clarify those methods, so you can create
your preferred workflow earlier on.
8. 1. SIMPLE INSERTION: TYPING A
FORMULA INSIDETHE CELL
Typing a formula in a cell or the formula bar is the most
straightforward method of inserting basic Excel formulas.
The process usually starts by typing an equal sign, followed
by the name of an Excel function.
Excel is quite intelligent in that when you start typing the
name of the function, a pop-up function hint will show. It’s
from this list you’ll select your preference. However, don’t
press the Enter key. Instead, press theTab key so that you
can continue to insert other options. Otherwise, you may find
yourself with an invalid name error, often as ‘#NAME?’.To fix
it, just re-select the cell, and go to the formula bar to
complete your function.
10. 2. USING INSERT FUNCTION OPTION
FROM FORMULASTAB
If you want full control of your functions
insertion, using the Excel Insert Function
dialogue box is all you ever need.To achieve
this, go to the Formulas tab and select the
first menu labeled Insert Function.The
dialogue box will contain all the functions
you need to complete your financial
analysis.
11.
12. 3. SELECTING A FORMULA FROM ONE OF
THE GROUPS IN FORMULATAB
This option is for those who want to delve into
their favorite functions quickly.To find this menu,
navigate to the Formulas tab and select your
preferred group. Click to show a sub-menu filled
with a list of functions. From there, you can select
your preference. However, if you find your
preferred group is not on the tab, click on the
More Functions option – it’s probably just hidden
there.
14. 4. USING AUTOSUM OPTION
For quick and everyday tasks, the AutoSum
function is your go-to option. So, navigate to
the Home tab, in the far-right corner, and
click the AutoSum option.Then click the
caret to show other hidden formulas.This
option is also available in the Formulas tab
first option after the Insert Function option.
15.
16. 5. QUICK INSERT: USE RECENTLY USED
TABS
If you find re-typing your most
recent formula a monotonous
task, then use the Recently Used
menu. It’s on the Formulas tab, a
third menu option just next to
AutoSum.
17.
18. FREE EXCEL FORMULASYOUTUBE
TUTORIAL
Watch CFI’s FREE
YouTube
video tutorial to
quickly learn the
most important
Excel formulas. By
watching the video
demonstration
you’ll quickly learn
the most important
formulas and
functions.
19. SEVEN BASIC EXCEL FORMULAS FOR
YOUR WORKFLOW
Since you’re now able to insert
your preferred formulas and
function correctly, let’s check
some fundamental Excel
functions to get you started.
20. 1. SUM
The SUM function is the first must-know formula in Excel. It usually aggregates
values from a selection of columns or rows from your selected range.
=SUM(number1, [number2], …)
Example:
=SUM(B2:G2) – A simple selection that sums the values of a row.
=SUM(A2:A8) – A simple selection that sums the values of a column.
=SUM(A2:A7, A9, A12:A15) – A sophisticated collection that sums values from
range A2 to A7, skips A8, adds A9, jumps A10 and A11, then finally adds from A12 to
A15.
=SUM(A2:A8)/20 – Shows you can also turn your function into a formula.
22. 2. AVERAGE
TheAVERAGE function should remind you of simple
averages of data such as the average number of
shareholders in a given shareholding pool.
=AVERAGE(number1, [number2], …)
Example:
=AVERAGE(B2:B11) – Shows a simple average, also
similar to (SUM(B2:B11)/10)
23.
24. 3. COUNT
The COUNT function counts all cells in a given range that
contain only numeric values.
=COUNT(value1, [value2], …)
Example:
COUNT(A:A) – Counts all values that are numerical in A
column. However, you must adjust the range inside the
formula to count rows.
COUNT(A1:C1) – Now it can count rows.
26. 4. COUNTA
Like the COUNT function, COUNTA counts all cells in a given rage.
However, it counts all cells regardless of type.That is, unlike COUNT
that only counts numerics, it also counts dates, times, strings, logical
values, errors, empty string, or text.
=COUNTA(value1, [value2], …)
Example:
COUNTA(C2:C13) – Counts rows 2 to 13 in column C regardless of
type. However, like COUNT, you can’t use the same formula to count
rows.You must make an adjustment to the selection inside the
brackets – for example, COUNTA(C2:H2) will count columns C to H
27.
28. 5. IF
The IF function is often used when you want to sort your data according to a given logic.The
best part of the IF formula is that you can embed formulas and function in it.
=IF(logical_test, [value_if_true], [value_if_false])
Example:
=IF(C2<D3, ‘TRUE,’ ‘FALSE’) – Checks if the value at C3 is less than the value at D3. If the
logic is true, let the cell value beTRUE, else, FALSE
=IF(SUM(C1:C10) > SUM(D1:D10), SUM(C1:C10), SUM(D1:D10)) – An example of a
complex IF logic. First, it sums C1 to C10 and D1 to D10, then it compares the sum. If the sum
of C1 to C10 is greater than the sum of D1 to D10, then it makes the value of a cell equal to
the sum of C1 to C10. Otherwise, it makes it the SUM of C1 to C10.
29.
30. 6.TRIM
TheTRIM function makes sure your functions do not return
errors due to unruly spaces. It ensures that all empty spaces
are eliminated. Unlike other functions that can operate on a
range of cells,TRIM only operates on a single cell.Therefore,
it comes with the downside of adding duplicated data in your
spreadsheet.
=TRIM(text)
Example:
TRIM(A2) – Removes empty spaces in the value in cell A2.
32. 7. MAX & MIN
7. MAX & MIN
The MAX and MIN functions help in finding the maximum number and the minimum number in a range of values.
=MIN(number1, [number2], …)
Example:
=MIN(B2:C11) – Finds the minimum number between column B from B2 and columnC from C2 to row 11 in both columns
B and C.
=MAX(number1, [number2], …)
Example:
=MAX(B2:C11) – Similarly, it finds the maximum number between column B from B2 and column C fromC2 to row 11 in
both columns B and C.
33.
34. MORE RESOURCES
Thank you for reading CFI’s guide to basic Excel
formulas.To continue your development as a world-
class financial analyst, these additional CFI resources
will be helpful:
Advanced Excel Formulas
Benefits of Excel Shortcuts
List of Excel Functions
Valuation Modeling Excel