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Why Learn Microsoft Excel?

  • Amruta Bhaskar
  • Feb 9, 2021
  • 0 comment(s)

Microsoft Excel is a powerful spreadsheet and data analysis program with wide-ranging capabilities. Attending a live Excel course is a good way to quickly and efficiently learn Excel. There are four primary reasons why you should learn Excel and how learning Excel is helpful for your career.

Learning Excel increases your value in the job market. Excel skills are highly valued by employers because of the variety of ways it can be leveraged. By attending Excel courses, you will learn more advanced ways to use Excel that will help you stand out in the job market. Excel can be used in a variety of contexts, including:

  • Creating staff schedules.
  • Managing budgets.
  • Tracking revenues and expenses.
  • Managing inventory.
  • Creating charts, visualizations, and dashboards to represent data.
  • Excel training makes you more efficient

The more you advance your Excel skills, the more efficiently you will be able to complete a variety of projects and tasks. For example:

  • Conditional formatting allows you to apply a format to a cell or a range of cells based on given criteria which will make data easier to read.
  • Pivot Tables and charts will allow you to quickly identify trends in large datasets and inform business decisions.

Many finance-related positions rely on and can benefit tremendously from good Excel skills. Accountants can leverage Excel in addition to financial management software. Financial analysts often use Excel as the primary tool for financial modelling. Business analysts can leverage Excel for reporting and analysis capabilities to inform business decisions. 

Non-traditional workers also benefit from Excel classes. Journalists are frequently faced with large amounts of information and can leverage Excel to do so efficiently. Sales professionals can use Excel to manage leads across various stages of the sales funnel. Freelancers may benefit from using Excel to manage their time, finances, and jobs.

All companies need to evolve and push forward to stay competitive in today’s world. One way to lead the pack and promote profitability is by implementing development programs so that employees can continue to stay on top of the latest technologies and work as efficiently as possible. Continual training and advancement can also enable employers to protect one of their most valuable assets: their workforce.

Talented employees want to be challenged and strive hard to stay at the head of the pack. By providing them with the continuing education they need to be as effective as they wish to be, employers can improve retention, lowering employee turnover, as well as the risk of losing the most talented staff members to competitors. One program often included in these education training programs is Excel for Business.

What is Excel used for? Excel provides users with the ability to calculate, organize, and evaluate quantitative data, allowing managers and senior staff to have the information they need to make important decisions that can affect the company. By having employees trained in the advanced functions of Excel, they can better present their information up to upper management. It is also a critical skill for employees hoping to climb to the top themselves.

Employees can benefit from advanced Excel training in many ways, from increasing value to learning better tools to improve their work output.

Continuing to learn and hone your skillset is crucial to advance your career. Advanced Excel training focuses on a number of critical skills that can be utilized and valued in almost any position in a company. After training, you should be better able to:

  • Visualize, manipulate, and evaluate the data.
  • Create equations that can allow you to provide more data on vital company functions, such as workflow, project efficiency, financial projections and budgets, and even inventory levels and usage.
  • Create an easy-to-read set of data that can be used by upper management to analyze current projects or situations in the company.
  • Design spreadsheets that better organize data and provide a better picture of the information that is input.
  • Read and comprehend spreadsheets and data from other departments, vendors, and customers.
  • Provide answers and solutions to problems affecting the business by being able to interpret data at a more advanced level.
  • Maintain, organize, and balance complex financial and inventory accounts.
  • Create tracking systems for different departments and operations, including various workflow processes.

Advanced Microsoft Excel training will not only provide employers with higher-skilled employees but will also provide employees with tools that can help them work more effectively in their current positions and equip them to advance to higher-level positions.

Excel is a vital tool for speeding up productivity and allowing workers to be more efficient when dealing with large amounts of data and calculations. When you understand Excel at a more advanced level, you will have the ability to use it's more sophisticated tools, which will allow you to complete your tasks and analyze your data more quickly. It will also allow you to keep team members up-to-date on data, which can streamline the workflow process.

Even better, knowing advanced Excel will allow you to better streamline your calculations. Repetitive calculations take time, especially when you have to double-check your work. With advanced Excel tools, you can create more complex calculations. Once your formula is written and you have programmed your set command, the program will perform all of the work to complete the calculations, freeing up your time for other tasks and ensuring that you have accurate data the first time around.

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