Top 10 Essential Excel Formulas for Analysts in 2024
Learn the only Excel formulas you need as an Analyst in 2023 to get most things done.
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In this video we go over 10 excel formulas you need as a business analysts, financial analyst, or data analyst. The formulas are: iferror, concatenate, string functions (left, mid, right), filter, edit, sumifs, xlookup, large/small, sequence, and indexmatch.
The types of formulas covered include data cleaning functions, date & time functions, lookup functions, and sum functions.
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🚀Get FREE Excel chart templates from Hubspot: clickhubspot.com/y21 Correction: Profit Margin % should be gross profit / revenue NOT revenue / gross profit as I did it in the video. Sorry for the mistake!
Hey dude, I need your help at my excel sheet to get sum products
good morning sir can I ask aside using control f is there any ways on finding data inside a formulated cell sample inside the A1 cell the formula inside was =B1+c1+d1+e1+F1+g1 then I want to find the d1 what ways in excel can I used
Thanks so much for this very useful link and information. Your videos are very informative detailed and easy to understand. Thanks again👍
That gives 64% 59% and 48%
good job
I want this video to burn into my retina permanently, you're saving analyst lives out here man
LARGE and SMALL functions were new to me. Also I learnt the SUMIFS in a different manner. Thank you!
All 10 are very good. I especially appreciated the 2nd example for the SUMIFS function.
Just Amazing. You are the GIFT who was given by youtube for us. Thanks for everything Kenji
Thanks Kenji, you are always adding value .Thanks
Great video! I utilize most of these for my work and love them all. I didn't know about Large and Small so thank you!
Great to have your video , that is exactly what I am looking for, thank you so much.
the =index(filter()) pattern works beautifully too.
Thanks again, Professor.... More power....
Very useful 👌 Thanks for the information
Thank you for sharing Doris The Coder!!!
Thank you kenji learning excel is not confusing anymore.I am new subscriber Love from India 🇮🇳
the first formula in this video is wrong :) Profit Margin %= (GP/Revenue) . Hope it helps. Overall the iferror concept is perfect .
Hey you're right! Thanks for pointing it completely missed it :)
I like that he's human after all. More relatable and projects authenticity.
Excel has fill function if we convert the data to table that can be used instead of string function
Hi Kenji... Which of your course is best for data analysis? I am trying to switch career to data analytics
1- cost/revenue will be handy
Kenji, you rock! Thank you.
It’s so crazy how in depth you can get using excel , I never would’ve imagined . I remember when I first started using excel back in the third grade !
Your videos are awesome. Thank you so much
Thanks for these useful tips! Cheers!😁😁
Hey kenji, thanks for this video! for the Large and/or small function is there then a way to have an additional column with the Brand associated with the deal size? Essentially I would like to do something similar but, I don't care about the largest numbers, I care about the data associated with the largest numbers.
I really appreciate your videos! I was wondering if you could use a drop down menu instead of typing the month or data in those dynamic formulas. Fabulous videos. They are very helpful with my college assignments. I plan to watch all of videos. Thank you for sharing your dynamic talents and skills with us! Ciao!
Certainly, by using data validation.
Indirect nested in index-xmatch is also pretty useful
Great Video. In your example of using the large function at 6:50 in how would I pull the top 5 results in column C along with the names that go with the result from column B so it shows both in column F and G. Also my source table is on another work sheet in the same work book. Thanks
You are a gift Kenji! Thanks
Thank you❤❤
Thank you Kenji! This is very useful information.
Thanks. You made my life easier.
This was amazing! I just got hired as a programmatic specialist and this helps so much 😩
Thank you, Kenji!
Love your videos, thank you!!!
Concise and informative
Great videos! Anyone have a system for recording and/or remembering these so they are easier to recall and use? I've taken lots of excel classes but remembering everything is a challenge.
Thank you for this great video tutorial.Edate was used to specify a sequence of dates by month, what can be use for the days or years pls .thanks
this is beautiful thank you
Thank you
Agree. There are some basics formulas that you always use
On the Filter formula should you have it as => for the criteria in case something matches the amount being searched?
Thanks Kenji
this was great thank you!
Thanks a lot dear Kenji for your great work. If possible make a video about NPV and IRR with detailed examples. God bless you.
Nicely done. Thanks!
super powerful kenji 💥💫 keep going
Thank you so much.
Many new formulas that I didnt know about! Very interesting!
Super useful!!
Indexmatch formula is amazing. Thanks 😊
thanks for explaining
Thank you 😊
Good job! Great video.
dude you're the best, totally time saving!
Glad I could help!
Nice, thanks Kenji.
Thanks for this useful information Sir can we use data validation in here?
"I just watched Kenji's video on the Top 10 Essential Excel Formulas for Analysts in 2023, and I have to say, it was incredibly helpful! As someone who's always looking to upskill in Excel, I appreciate how clear and concise his explanations were. The formulas he covered were definitely essential for any analyst, and I learned some new tips and tricks along the way. Thanks for sharing your expertise, Kenji!"
Is this written by ChatGPT?
@@saukashObviously😁😁
Thank you.
great ! very useful, tks !
This is pretty interesting to learn while in my business stats 1 class
Hi Kenji. Thanks! For me the best is the last one: Index + Match, but the other is good as well:)
Index and match is now the xlookup formula I believe...way more user friendly
thank you kenji
very useful - thanks
Hi Kenjie! Can you tell me if only free template available just for one video or I could get for others as well? 🙏
Great Thanks
I had no idea that edate even existed! Thanks!!! Mark
Awesome Mark thanks for watching!
nice one,learnt alot
thanks brother
Thank u
Thanks for this video
A great video as always. I have just one question! How do you know the exact excel tool to use when you are being given a problem?
Experience
great tutorial
thank you
Great job Is there a formula to inclune axes of a chart. I need to plot on axes with an angle ie not vertical and horizontal. Thanks
Thank you for the video. I'm preparing a teaching program where I need excel to calculate each letter "A" (section A, B or C) as a number and do the total sum of "A"s as numbers?
well... you need a bit more than these functions but your title is a very good HOOK !
😊 Thanks
I got my job as a financial analyst. This helped so much, thank you from the bottom of my heart.
How much experience did you have when you applied? I'm wondering because I'm also looking for a job as a FA and dont have much experience :/
wow nice thank you🥰
Awesomeee!!
Quite helpful
Great Video!
kevin you beauty. best thing is you always include practice file..
Ang galing ma try sa office hehehe
Simple ❤
Indirect function is very useful too.
Amazing
This is great
Very useful
Great stuff, thanks alot!! But..... how to get the Amount in FILTER formula? I can get the Country Name to show but don't get the amount displayed next to it.
Your videos are so very hopefull, thanks! I just cant understand how are you choosing the correct cells for the function using the arrows? whenever i start typing a function i cant move bewtween cells..
Can you show us please how to analyse livelihood coping strategies in excel, how to get percent of households in stress, crisis and emergency categories and the average for the region.
Hi Kenji, great videos you are making! Love to watch.. in this Excel vid with your #1 to find your result maybe an easier formula to use is by using twice the XLOOKUP function? like =XLOOKUP(B14,B3:B11,XLOOKUP(C14,C2:J2,C3:J11))
Nested lookups are not always a good idea and I would only really want to use them in very specific sceanrios.
@@Cydia0 I use nested lookups too when looking for two criteria, would like to know why Index-Match is superior/preferred.
@@CP-zb3kyI think the index match match is just easier than two lookups. It’s just personal preference
@@willcarroll9762 I prefer two xlookups, but understand people are animals of old habits, also for older window users xlookup isn't available to them.
You don't even have to use two xlookups but just use & in both lookup values and lookup array and it should give you the same result as Index Match.
Sumifs with the wildcard is so cool. What do I do if I want to include a word but want to exclude it if the cell includes a combination of two certain words? For example I want to sum if the description includes Amazon but want to exclude it if the description includes both Amazon and Walmart?
I use the IF formular a lot
I'm watching this vlog always
Amazing Video
excellent
What is a good way to compare two lists where the values are not in the same order?
I like this guy👍🏾
YOU ROCK!
I really needed the magic in 9:46 😊
Kenji, I have tried and tried but I cant get my head around how the solver function works. Could you do a video on that?
I like sequence with date function.
Those Templates are pretty