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Table of Contents

About MS Excel

MS Excel is a popular application used by many people in business. It is a spreadsheet program that lets you perform mathematical calculations and store and manipulate data. A spreadsheet consists of rows and columns; each cell of the spreadsheet can store a value, which can be a number, text, or a formula that calculates a value.

You can also use it to organize and analyze large amounts of data. Due to its flexibility, Excel is one of the most widely used in the world. It's often used by industries including accounting, construction, finance, insurance, and manufacturing.

MS Excel application runs on Microsoft's Windows and Mac OS X operating systems. It is used for calculating, manipulating and organizing data. MS Excel is very popular in businesses and with people who work with numbers. This is why MS Excel is considered a "must have" for anyone who works in a business that deals with numbers.

A Basic Example of Excel

MS Excel is a spreadsheet program. There are three parts to this program. The first is the toolbar, where you can create new spreadsheets, open existing files, or save files to the desired location. The second part is the actual spreadsheet. In the spreadsheet, you can type in numbers and formulas. The third part is the ribbon, which is a place where you can select different options to accomplish different tasks in the spreadsheet.

Features of MS Excel

An Excel spreadsheet can format and edit in a number of ways. The different features of MS Excel are as follows.

Home

Font styles and size, font color, alignment, formatting options, background color, styles, cell insertion and deletion, and editing options are all available.

Insert

Table style and format, adding graphs, charts, and sparklines, inserting figures and images, header and footer options, symbols and equations are all available.

Page Layout

In the page layout some options are available such as orientation page setup, and themes.

Formulas

In this formulas feature you can create a large amount of data and you can use this feature to add formulas to your table and get faster results.

Data

This category includes options for adding external data (from the web), data tools, and filtering.

Review

In the review category, proofreading can be completed for an excel sheet (similar to spelling check), and a reader can add comments.

View

The views in which the spreadsheet should be displayed can be changed here. This category contains options for pane arrangement as well as zooming in and out.

What are the Microsoft Excel Formulas?

In Microsoft Excel, a formula is an expression that operates on values in a range of cells. These formulas return a result, even when it is an error. Excel formulas enable you to perform addition, subtraction, multiplication, and division calculations. Let’s take a look at the MS Excel formulas.

1. Sum

As the names indicate, the SUM() function returns the sum of the selected range of cell values.

For example,


    =SUM(A1:A14)
    

It will add up the values in cells A1 to A14.

2. Average

The average() function computes the average of the cell values in the specified range.

For example,


    =AVERAGE(A1:A5)
    

It will give the average values in cells A1 to A5.

3. Count

This function() count the total number of cells in a range containing a number.

For example,


    =COUNT(E1:E20)
    

It will count how many cells in E1 to E20 contain numbers.

4. Subtotal

The subtotal() method contains the database subtotal.

For example,


    =SUBTOTAL(9, B2:B8)
    

It will give the subtotal for cells B2 to B8.

5. Modulus

The MOD() function returns the remainder when a given number is divided by a divisor.

For example,


    =MOD(A1, B1)
    

6. Power

The function "Power()" returns the result of raising a number to a specific power.

For example,


    =POWER(A1, 2)
    

7. Ceiling

The Ceiling() function rounds a number to the next significant multiple.

For example,


    =CEILING(A1, 5)
    

8. Floor

The floor function reduces a number to its smallest significant multiple.

For example,


    =FLOOR(A1, 5)
    

9. Concatenate

This function combines or joins multiple text strings into a single text string.

For example,


    =CONCATENATE(A1, " ", B1)
    

10. LEN

LEN() calculates the total number of characters in a string.

For example,


    =LEN(A1)
    

What are the Main Uses of Microsoft Excel?

The main uses of Excel include:

  • Financial analysis
  • Financial modeling
  • Data entry
  • Programming
  • Data management
  • Time management
  • Task management
  • Accounting
  • Charting and graphing
  • Customer relationship management (CRM)

Advantages of MS Excel

Perform Calculations

It is capable of performing calculations very quickly. There is no requirement for the company, or the employee gets up and looks for a calculator.

Free Templates

Excel includes a wide range of free templates that can be used in a business.

Modify Data

One major advantage of MS Excel is the ease with which data in the spreadsheet can be modified.

Millions of Rows of Data Can be Stored

There is no limit to the number of rows that can be contained in a single cell. When you enter a formula in one cell, it is automatically copied to all other cells that have the same formula.

Password Protection

Password protection is essential because it prevents unauthorized users from modifying or viewing your spreadsheet.

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