Excel Classes in Queens or Live Online

8 Reasons to Learn Excel

#1 Organize Your Data

The first reason why you should learn Microsoft Excel is that it will help you organize your data. Microsoft Excel provides various functions to filter your data as well as keep your data organized. Whenever you want to look for something, you can either use the filter or you can simply have a quick look at the sheets to find out.

You can also use the graphs and charts to view the data in visual form. Some of the finance functions make your work even easier. Feel free to have a look at PMT, PPMT, IPMT, SLN, and similar functions available on Excel to know more about it.

#2 Learn the Industry-standard Tool

Excel is the industry-standard data analysis tool and is used across the world in most companies. Excel can handle your entire finance and accounting with ease. You can quickly add the graphs, charts, filters, math functions, formulas, etc. One can use excel as any type of software. In other words, you can use it to create an invoice or you can also use the software to create financial reports. You can use it to track sales, margins, orders, etc with ease. There are a couple of templates available that you can directly start using or you can also create a custom sheet as per your requirements.

#3 Speed Up Calculations

Excel has a ton of math functions and also allows you to enter custom formulas. The other good thing about the software is that once you create a formula, you can simply use the same formula for all the rows.

This small automation reduces the work of copy and pasting the same thing over and over again. It looks simple at first but if you consider all your employees, you will save more time. It only takes 2 minutes to calculate manually. Now, let’s say, you are working with 10 people, that’s roughly 20 minutes. If you calculate the time daily, it will save you a lot of time overall.

#4 Analysis and Forecasting

Once you organize all your data in the sheet, you can analyze it to do the forecasting predictions. It will help you to do the “What if” analysis with ease. Also, there are various charts and filtering options to make your predictions easier. Create forecast, use Data Tables, leverage Goal Seek, and more.

Once the calculations are done and everything is shown in a single sheet, it will be easier for you to analyze the data and make the decisions accordingly. It will give you a better idea to make decisions. 

#5 Save on IT Costs

There are several ways on how Microsoft Excel will help you reduce the costs. The first thing is that you will not have to pay for any other software. You can do several works on Excel. For instance, you will not require any finance tool. The next thing is that you will save a lot in IT cost.

Most of the organizations rely on their IT companies to provide the data and analytics. Moreover, some of the companies even pay for the same thing. Now, you don’t need to rely on your IT companies to get the reports, you can generate it from Excel whenever you want.

#6 Increase Salary or Profit

There are two possible situations here. If you are running a business, you will see an increase in your profit. This is because you are saving a lot of time from your employees by doing half of the things in excel.

Further, your team will make better decisions by analyzing the data. In the same way, if you are doing a job, you will get a better salary if you have mastered Excel. Nowadays, most of the companies are using Excel. They will pay you more if you already know how to use Excel and your boss will be impressed if you can give them a couple of suggestions for Excel.

#7 Increase Efficiency

Another reason why you should learn Microsoft Excel is that after learning it, you can do most of your tasks. Excel has various functions and there is a lot more to explore. More functions will give you more features and hence, it can help you in many different ways.

You can solve simple as well as complex problems with it. There are enough options to do almost whatever you want. Further, if somehow you are not able to do the task then you can use third-party Excel tools. There are many third-party tools or extensions available for Excel to increase its functionality. Depending on the tool, it will add a couple of more features to Excel.

#8 Easy to Learn

After reading the 7th point, you might be thinking that Excel will be difficult to learn. Actually, Excel is one of the easiest tools to learn, even if you aren’t the most tech-savvy person. There are tons of resources to help you in your Excel journey and we offer a handful of classes from beginner to advanced to get you going.

What You'll Learn in Excel

With Excel being such a necessary skill in today's workplace, a new user may find themselves asking "what can Excel do?" and "Why is Excel so much more in demand than any other program?"

The answer lies in the way Excel works and the many different functionalities that it possesses. Here's a brief overview of Excel's robust capabilities.

Calculations

Excel can calculate everything from basic formulas (addition, subtraction, etc.) to complex statistics and everything in-between.

Functions exist (such as Sum, Average) to enable the user to perform advanced calculations with minimal effort. On top of all of this is Excel's extraordinary ability to take a single calculation and to apply it to hundreds or thousands of additional rows of data (Autofill).

Excel contains a very sophisticated library of functions that are brilliantly organized for ease of use. Some of the categories include Financial functions (IRR, NPV, PV), Logical functions (If/Then, And/Or), Text functions (Proper, Concatenate), Date & Time functions (Weeknum, EOMonth), and Lookup & Reference functions (Match, Index).

Get started with calculations and functions in our introductory course, and continue learning in our Excel Bootcamp.

Working with Text

Even though Excel is a spreadsheet program, it possesses a significant number of capabilities for dealing with text. Excel can split text from one cell to multiple cells (Text to Columns), such as with names, or it can combine text from several cells into one cell (Concatenate), such as with addresses.

Excel can also be used to analyze data to remove any duplicate rows/entries (Remove Duplicates). Furthermore, as Excel is increasingly being used internally by companies for forms, it can provide a structure such as drop-down boxes (Data Validation).

Elaborate Charts and Graphs

Ever since its first introduction to the business world, Excel has consistently set the standard regarding charts and graphs—both regarding design and ease of creation. Excel boasts both vivid and detailed depictions of your data all in just a few simple keystrokes. From basic (Line charts, Column charts, Pie charts), to complex (Histograms, Stock charts, Combo charts), Excel provides countless ways to visualize your data for optimal reporting and decision-making purposes. Learn chart essentials in our beginner courses.

Data Analysis with Pivot Tables

Pivot tables are a very cutting-edge approach to analyzing data, by creating visually-appealing tables that provide both consolidation and calculation of results. Excel can create a Pivot table from several different data sources that are both customized and easy to use regarding filtering (Slicers) and data availability (Grouping). Summarize data with Pivot Tables in our intermediate class.

Data Extraction from Tables

While Excel offers a lot of special functionalities for organizing data (Tables), efficiently leveraging that information is another challenge that Excel minimizes. Data can be analyzed and summarized (CountIfs, SumIfs) or simply retrieved (VLOOKUP) from a larger source through specialty functions, making database work much more efficient. Build these formulas in our intermediate Excel course.

Advanced Data Tools

Forecasting data becomes almost second-nature when utilizing Excel's "What If" analysis abilities. You can change the result of an equation and have Excel calculate the necessary variables to make it true (Goal Seek). You can also create single or multi-variable data tables (Data Table) to map out possibilities.

Recording Macros

Do you have reporting responsibilities at work that involve repetitive tasks? Ever dreamed of a magic wand that could instantly compose that report/perform those repetitive tasks for you? With Excel, this is no longer a dream (Macros)! Excel can record your steps/keystrokes and translate these into code (VBA) for future reference. The next time you need to complete that task, simply run the macro and watch the magic!

Learn advanced data analytics tools and macros in our advanced Excel course.

These are just a few of the more useful abilities that Excel possesses. By learning Excel, you do more than add a line item to your resume; you acquire these skills, as well. Imagine going to work with the knowledge that whatever task comes your way, you feel confident that you can handle it. Excel is a powerful tool with lots of uses and functionality. In our classes you'll not only learn in lectures but you'll actually start working in Excel on real projects so you can walk away with real skills and confidence in your Excel abilities.

Join us for Excel in Queens either live online from home or in our NYC facility, a short commute from Queens.

We are also happy to offer custom corporate training for Excel in Queens at no extra charge. Just leave us an email, give us a ring, or chat with us to learn more about corporate training and see why companies all across the country work with us to train their employees.