Excel Modeling for Professionals: Best Practices & Pitfalls

In this module you will learn about this course and course aims. You will be given tools to determine whether or not there are better solutions for a certain task than Excel. You will learn how to organize your input data according to best practices. You will learn how to differentiate between good and bad formatting in Excel, and you will receive some practical tips on how to improve your own formatting. Finally you will be able to define documentation in Excel, and learn how to apply good documentation to your own Excel models.

This week is about the lifeblood of Excel: the functions and formulas. You will learn how you can apply functions and formulas to your Excel models responsibly, how you can discern between functions to choose the ones that work best for you in a particular scenario, and how you can understand and explain the strengths and weaknesses of different Excel functions.

In this module you will learn how to build up a spreadsheet with a logical structure and flow, you will get some great tips on keeping your models simple, and you will learn about the dangers and effectiveness of protected and hidden information in Excel. Essentially you will gain the tools to make your spreadsheets safer and more understandable for your colleagues/clients.