Excel Skills for Business: Advanced

Macquarie University via Coursera

Go to Course: https://www.coursera.org/learn/excel-advanced

Introduction

### Course Review: Excel Skills for Business: Advanced In today’s data-driven world, possessing strong Excel skills is no longer just an asset—it's a necessity. The course “**Excel Skills for Business: Advanced**” offered on Coursera is an excellent opportunity for those looking to enhance their Microsoft Excel proficiency and stand out in the competitive job market. This comprehensive course is designed for intermediate Excel users who are ready to take their skills to the next level and provides an in-depth exploration of advanced functionalities within Excel. #### **Course Overview** **Duration & Format:** The course is self-paced, allowing learners to complete it on their own schedule, which is perfect for busy professionals. **Target Audience:** It's geared towards individuals who already have a basic understanding of Excel and wish to advance their knowledge, particularly those in business, finance, or data analysis roles. ### **Course Syllabus Breakdown** 1. **Spreadsheet Design and Documentation** This module focuses on crafting well-organized and user-friendly spreadsheets. You will learn how to design flexible spreadsheets capable of maintaining data integrity over time. The importance of transparent calculations, effective navigation, and consistent formatting cannot be overstated, and this section equips you with the tools necessary to achieve this. 2. **Advanced Formula Techniques** Building on foundational knowledge, this module delves into array formulas—a powerful feature that executes multiple calculations simultaneously. The ability to leverage these advanced formulas will significantly enhance your efficiency and accuracy in analyzing large datasets. 3. **Data Cleaning and Preparation** Handling messy data is a common challenge in data analysis. In this module, learners will master techniques for cleaning and preparing data, using functions to automate these processes. Strategies for fixing corrupt data efficiently ensure that you can transform disorganized information into usable data with ease. 4. **Financial Functions and Working with Dates** This module introduces essential financial functions to help you tackle business-related calculations. Mastering date formulas and loan calculations will enable you to handle financial analysis tasks with confidence, making you a valuable asset to any team. 5. **Advanced Lookup Functions** Automation is key to efficiency, and this module covers dynamic lookup functions that simplify data retrieval processes. Learning to utilize functions such as INDIRECT, ADDRESS, OFFSET, and INDEX will allow you to create more responsive spreadsheets that adapt as your data set changes. 6. **Building Professional Dashboards** In this final module, you embark on a comprehensive project to bring your spreadsheets to life through professional dashboards. You will learn the intricacies of data visualization—transforming raw data into meaningful insights through graphs, charts, and interactive components. Dashboards not only summarize critical information but also empower stakeholders to make informed decisions quickly. 7. **Final Assessment** To cement your knowledge and skills acquired throughout the course, a final assessment will challenge you to apply what you have learned in a practical context. ### **Overall Recommendations** **Pros:** - **Comprehensive Content:** The course covers a broad range of advanced topics that are directly applicable to real-world business scenarios. - **Engaging Structure:** Each module builds upon the last, which supports a logical progression and deepening of knowledge. - **Flexibility:** The self-paced nature allows you to approach your learning when it’s most convenient for you, accommodating varying levels of availability. **Cons:** - **Intermediate Requirement:** If you are a complete beginner, this course may be challenging as it does not cover basic Excel functionalities. ### **Conclusion** “Excel Skills for Business: Advanced” is a powerful course that equips you with indispensable Excel skills that can elevate your professional profile. Given the ever-increasing demand for data analysis and management skills in the workplace, I highly recommend this course to anyone looking to enhance their analytical capabilities and employability in today’s digital job market. Completing this course not only builds your skill set but also positions you as a competent, data-savvy professional ready to tackle the challenges of modern business environments.

Syllabus

Spreadsheet Design and Documentation

As an intermediate Excel user, you have the basics down. The first module of the Advanced course focusses on creating and maintaining accurate, flexible, responsive and user-friendly spreadsheets. You will learn how to design flexible and auditable spreadsheets, construct transparent calculations, create user-friendly navigation, and use styles, themes and formatting to tie it all up in a nice bow.

Advanced Formula Techniques

Excel often requires you to perform complex analysis on large sets of data. This can be made a lot easier using array formulas, which can perform multiple calculations simultaneously and ensure the accuracy of your spreadsheet. This module covers the use of array formulas, how to build them and use them effectively.

Data Cleaning and Preparation

Been handed a messy spreadsheet? This module focuses on data cleaning and preparation. You will learn how to use dynamic and automated fixes, clean messy data, automate these processes through functions, and ensure data remains clean dynamically. We will use functions to fix dates, replaces blanks and remove unwanted characters from data – all to help us build an efficient solution that lasts.

Financial Functions and Working with Dates

This module introduces financial functions into our Excel knowledge base. Financial functions are often used in businesses and Excel has a variety of tools to help you with that. This week, you will learn to apply date formulas in calculations, create loan schedules with financial functions, as well as use depreciation functions.

Advanced Lookup Functions

It is always a good idea to make your spreadsheets (and work!) more automated. Automated lookups can make your work fast and efficient. This module builds on your array capabilities and explores a range of functions to create dynamic lookup ranges – INDIRECT, ADDRESS, OFFSET and INDEX.

Building Professional Dashboards

To bring it home, this module guides you through the steps of building a professional dashboard. Data is meaningless unless it tells a story and can be used as business intelligence. This module will help you set up a dashboard – learn how to visualise data through graphs and charts, create data models, and add interactivity.

Final Assessment

Overview

Spreadsheet software remains one of the most ubiquitous pieces of software used in workplaces around the world. Learning to confidently operate this software means adding a highly valuable asset to your employability portfolio. Across the globe, millions of job advertisements requiring Excel skills are posted every day. At a time when digital skills jobs are growing much faster than non-digital jobs, completing this course will position you ahead of others, so keep reading. In this last course

Skills

Dashboard (Business) Financial Modeling Microsoft Excel Data Cleansing

Reviews

I have thoroughly enjoyed this course, as well as all the courses in the Specialization. The instructors do an excellent job of breaking down each subject in an easy to understand logical progression.

Tough course. Instructors did a great job. Difficult to combine all elements at once as it's quite easy to forget on account of not using many of the highly advanced functions and formulae.

Thank you for everything. The course is amazing! It really improved my skills, and actually I've made some great analysis at work thanks to this, so it's more than useful.\n\nThank you once again.

This is the last course of the specialization. All the courses are high quality this one is no exceptional.\n\nI would like to thank all the instructors and also thanks to coursera.

I enjoyed this course so much. I learned a lot about how I can become a better learner. This course was very interesting and useful. I have some tools that I can use to optimize my learning potential.