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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Пікірлер: 261

  • @KenjiExplains
    @KenjiExplains Жыл бұрын

    🚀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!

  • @meeto4084

    @meeto4084

    Жыл бұрын

    Hey dude, I need your help at my excel sheet to get sum products

  • @renvirsiasol3947

    @renvirsiasol3947

    Жыл бұрын

    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

  • @mgangat

    @mgangat

    Жыл бұрын

    Thanks so much for this very useful link and information. Your videos are very informative detailed and easy to understand. Thanks again👍

  • @beniria2179

    @beniria2179

    11 ай бұрын

    That gives 64% 59% and 48%

  • @abdullahiadamumaina2708

    @abdullahiadamumaina2708

    5 ай бұрын

    good job

  • @BibiMegaotaku
    @BibiMegaotaku2 ай бұрын

    I want this video to burn into my retina permanently, you're saving analyst lives out here man

  • @vishaljhaveri6176
    @vishaljhaveri61769 ай бұрын

    LARGE and SMALL functions were new to me. Also I learnt the SUMIFS in a different manner. Thank you!

  • @user-ri7sw2wt6f
    @user-ri7sw2wt6f Жыл бұрын

    All 10 are very good. I especially appreciated the 2nd example for the SUMIFS function.

  • @stresslaxing.
    @stresslaxing. Жыл бұрын

    Just Amazing. You are the GIFT who was given by youtube for us. Thanks for everything Kenji

  • @magdahassib8659
    @magdahassib8659 Жыл бұрын

    Thanks Kenji, you are always adding value .Thanks

  • @Danielle_Scott
    @Danielle_Scott Жыл бұрын

    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!

  • @Jenny-pc7ge
    @Jenny-pc7ge Жыл бұрын

    Great to have your video , that is exactly what I am looking for, thank you so much.

  • @_sonicfive
    @_sonicfive3 ай бұрын

    the =index(filter()) pattern works beautifully too.

  • @BenDieselBasicAutomotive
    @BenDieselBasicAutomotive Жыл бұрын

    Thanks again, Professor.... More power....

  • @bspraveen9364
    @bspraveen93648 ай бұрын

    Very useful 👌 Thanks for the information

  • @kellysanesthesiatips1983
    @kellysanesthesiatips19837 ай бұрын

    Thank you for sharing Doris The Coder!!!

  • @mindmywordsbymeghna.5325
    @mindmywordsbymeghna.5325 Жыл бұрын

    Thank you kenji learning excel is not confusing anymore.I am new subscriber Love from India 🇮🇳

  • @ahsantheanalyst7199
    @ahsantheanalyst7199 Жыл бұрын

    the first formula in this video is wrong :) Profit Margin %= (GP/Revenue) . Hope it helps. Overall the iferror concept is perfect .

  • @KenjiExplains

    @KenjiExplains

    Жыл бұрын

    Hey you're right! Thanks for pointing it completely missed it :)

  • @Mrdezmiki

    @Mrdezmiki

    Жыл бұрын

    I like that he's human after all. More relatable and projects authenticity.

  • @kartheek79

    @kartheek79

    Жыл бұрын

    Excel has fill function if we convert the data to table that can be used instead of string function

  • @ilocomocomediaentertainmen7425

    @ilocomocomediaentertainmen7425

    10 ай бұрын

    Hi Kenji... Which of your course is best for data analysis? I am trying to switch career to data analytics

  • @saravanakumar5656

    @saravanakumar5656

    7 ай бұрын

    1- cost/revenue will be handy

  • @NatashaDiedricks
    @NatashaDiedricks Жыл бұрын

    Kenji, you rock! Thank you.

  • @christopherleinweber5455
    @christopherleinweber545511 ай бұрын

    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 !

  • @franciabowen2496
    @franciabowen2496 Жыл бұрын

    Your videos are awesome. Thank you so much

  • @andymarci6766
    @andymarci6766 Жыл бұрын

    Thanks for these useful tips! Cheers!😁😁

  • @sheetgood
    @sheetgood Жыл бұрын

    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.

  • @che7001
    @che700111 ай бұрын

    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!

  • @imtghanabranch

    @imtghanabranch

    8 ай бұрын

    Certainly, by using data validation.

  • @leesam3258
    @leesam3258 Жыл бұрын

    Indirect nested in index-xmatch is also pretty useful

  • @doristhecoder765
    @doristhecoder76511 ай бұрын

    You are a gift Kenji! Thanks

  • @brianbarns8675
    @brianbarns86758 ай бұрын

    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

  • @camillegrajo1919
    @camillegrajo19199 ай бұрын

    Thank you❤❤

  • @LileeCuisia
    @LileeCuisiaАй бұрын

    Thank you Kenji! This is very useful information.

  • @faisalym
    @faisalym2 ай бұрын

    Thanks. You made my life easier.

  • @nev0116
    @nev0116Ай бұрын

    This was amazing! I just got hired as a programmatic specialist and this helps so much 😩

  • @Quinton-Baldwin
    @Quinton-Baldwin5 ай бұрын

    Thank you, Kenji!

  • @wilmaostman7537
    @wilmaostman75376 ай бұрын

    Love your videos, thank you!!!

  • @Kbira8960
    @Kbira89603 ай бұрын

    Concise and informative

  • @rockj8197
    @rockj819711 ай бұрын

    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.

  • @susanitaq85
    @susanitaq85 Жыл бұрын

    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

  • @alblanquicett
    @alblanquicett11 ай бұрын

    this is beautiful thank you

  • @emmapa3868
    @emmapa38689 ай бұрын

    Thank you

  • @XLLearner_Courses
    @XLLearner_Courses7 ай бұрын

    Agree. There are some basics formulas that you always use

  • @rwfrench66GenX
    @rwfrench66GenX Жыл бұрын

    On the Filter formula should you have it as => for the criteria in case something matches the amount being searched?

  • @annieo.9887
    @annieo.9887 Жыл бұрын

    Thanks Kenji

  • @charlenem6040
    @charlenem60402 ай бұрын

    this was great thank you!

  • @shahbazyandav82
    @shahbazyandav823 ай бұрын

    Thanks a lot dear Kenji for your great work. If possible make a video about NPV and IRR with detailed examples. God bless you.

  • @junesechowski5932
    @junesechowski5932Ай бұрын

    Nicely done. Thanks!

  • @muhammadrefaay1503
    @muhammadrefaay150311 ай бұрын

    super powerful kenji 💥💫 keep going

  • @kennethmutai2967
    @kennethmutai296710 ай бұрын

    Thank you so much.

  • @giannisgrats883
    @giannisgrats8833 ай бұрын

    Many new formulas that I didnt know about! Very interesting!

  • @camlex6310
    @camlex6310 Жыл бұрын

    Super useful!!

  • @manpreetsagoo367
    @manpreetsagoo36719 күн бұрын

    Indexmatch formula is amazing. Thanks 😊

  • @sorosekaewmanee1845
    @sorosekaewmanee1845 Жыл бұрын

    Thank you 😊

  • @nolimit7185
    @nolimit7185 Жыл бұрын

    Good job! Great video.

  • @thusithadasanayaka4329
    @thusithadasanayaka432910 ай бұрын

    thanks for explaining

  • @safakv60
    @safakv606 ай бұрын

    dude you're the best, totally time saving!

  • @KenjiExplains

    @KenjiExplains

    6 ай бұрын

    Glad I could help!

  • @sarathrupasinghe6240
    @sarathrupasinghe6240 Жыл бұрын

    Nice, thanks Kenji.

  • @swapnamali3860
    @swapnamali3860 Жыл бұрын

    Thanks for this useful information Sir can we use data validation in here?

  • @hectorrenemelendez
    @hectorrenemelendez Жыл бұрын

    "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!"

  • @saukash

    @saukash

    10 ай бұрын

    Is this written by ChatGPT?

  • @lukmanadamu5778

    @lukmanadamu5778

    8 ай бұрын

    @@saukashObviously😁😁

  • @xujason4607
    @xujason4607 Жыл бұрын

    great ! very useful, tks !

  • @questionresearch8721
    @questionresearch87212 ай бұрын

    Thank you.

  • @RexxorDDG
    @RexxorDDG3 ай бұрын

    This is pretty interesting to learn while in my business stats 1 class

  • @peterjarabek5541
    @peterjarabek5541 Жыл бұрын

    Hi Kenji. Thanks! For me the best is the last one: Index + Match, but the other is good as well:)

  • @camridgway3862

    @camridgway3862

    25 күн бұрын

    Index and match is now the xlookup formula I believe...way more user friendly

  • @Mark-gz9si
    @Mark-gz9si4 ай бұрын

    thank you kenji

  • @hadiekhtiardar
    @hadiekhtiardar24 күн бұрын

    very useful - thanks

  • @michaellorman448
    @michaellorman448 Жыл бұрын

    Hi Kenjie! Can you tell me if only free template available just for one video or I could get for others as well? 🙏

  • @kimsclub3860
    @kimsclub38607 ай бұрын

    Great Thanks

  • @Mudianiel
    @Mudianiel Жыл бұрын

    nice one,learnt alot

  • @Stef1955
    @Stef1955 Жыл бұрын

    I had no idea that edate even existed! Thanks!!! Mark

  • @KenjiExplains

    @KenjiExplains

    Жыл бұрын

    Awesome Mark thanks for watching!

  • @SMrahim113
    @SMrahim1133 ай бұрын

    thanks brother

  • @3lw1
    @3lw1 Жыл бұрын

    Thank u

  • @dakf660
    @dakf6608 ай бұрын

    Thanks for this video

  • @William_Webber
    @William_Webber Жыл бұрын

    great tutorial

  • @michaellawrence883
    @michaellawrence883 Жыл бұрын

    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?

  • @psychofacto7212

    @psychofacto7212

    11 ай бұрын

    Experience

  • @user-sy7vp4ld2o
    @user-sy7vp4ld2o Жыл бұрын

    thank you

  • @MK-fq3fk
    @MK-fq3fkАй бұрын

    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

  • @hibaadnan9983
    @hibaadnan9983 Жыл бұрын

    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?

  • @gergoadorjan4259
    @gergoadorjan42595 ай бұрын

    well... you need a bit more than these functions but your title is a very good HOOK !

  • @godknowsjeremiah440
    @godknowsjeremiah44021 күн бұрын

    😊 Thanks

  • @MetalBreakdown
    @MetalBreakdown11 ай бұрын

    I got my job as a financial analyst. This helped so much, thank you from the bottom of my heart.

  • @Kezinch99

    @Kezinch99

    11 ай бұрын

    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 :/

  • @nctzen-oe2sk
    @nctzen-oe2sk2 ай бұрын

    wow nice thank you🥰

  • @mehranbilesan4186
    @mehranbilesan4186 Жыл бұрын

    Awesomeee!!

  • @samanthadaroga4811
    @samanthadaroga4811 Жыл бұрын

    Quite helpful

  • @user-xh8cr9pk5g
    @user-xh8cr9pk5g Жыл бұрын

    Great Video!

  • @tanweerabbasabbas649
    @tanweerabbasabbas6495 ай бұрын

    kevin you beauty. best thing is you always include practice file..

  • @jhonrayocampo7511
    @jhonrayocampo7511 Жыл бұрын

    Ang galing ma try sa office hehehe

  • @shahenulkabir-fu2yq
    @shahenulkabir-fu2yq Жыл бұрын

    Simple ❤

  • @doug1307
    @doug1307Ай бұрын

    Indirect function is very useful too.

  • @solomonbhandari-young4154
    @solomonbhandari-young4154 Жыл бұрын

    Amazing

  • @gjinro743
    @gjinro743 Жыл бұрын

    This is great

  • @divya264
    @divya264Ай бұрын

    Very useful

  • @tonysundellsweden
    @tonysundellsweden Жыл бұрын

    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.

  • @ShIrEnZeR
    @ShIrEnZeR7 ай бұрын

    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..

  • @nobogurus
    @nobogurus Жыл бұрын

    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.

  • @m.w.6099
    @m.w.6099 Жыл бұрын

    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))

  • @Cydia0

    @Cydia0

    Жыл бұрын

    Nested lookups are not always a good idea and I would only really want to use them in very specific sceanrios.

  • @CP-zb3ky

    @CP-zb3ky

    Жыл бұрын

    @@Cydia0 I use nested lookups too when looking for two criteria, would like to know why Index-Match is superior/preferred.

  • @willcarroll9762

    @willcarroll9762

    11 ай бұрын

    @@CP-zb3kyI think the index match match is just easier than two lookups. It’s just personal preference

  • @CP-zb3ky

    @CP-zb3ky

    11 ай бұрын

    @@willcarroll9762 I prefer two xlookups, but understand people are animals of old habits, also for older window users xlookup isn't available to them.

  • @HarshitSingh-zo5mi

    @HarshitSingh-zo5mi

    10 ай бұрын

    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.

  • @DummyUrD
    @DummyUrD Жыл бұрын

    I use the IF formular a lot

  • @toshiyo822
    @toshiyo822 Жыл бұрын

    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?

  • @piobasartejr.7686
    @piobasartejr.7686 Жыл бұрын

    I'm watching this vlog always

  • @sherwinnaidoo8440
    @sherwinnaidoo8440 Жыл бұрын

    Amazing Video

  • @muthukumar-wj6pk
    @muthukumar-wj6pk Жыл бұрын

    excellent

  • @seanolanrewaju9
    @seanolanrewaju9 Жыл бұрын

    I like this guy👍🏾

  • @charizard_baller69
    @charizard_baller69 Жыл бұрын

    What is a good way to compare two lists where the values are not in the same order?

  • @debbietownsend1673
    @debbietownsend167310 ай бұрын

    YOU ROCK!

  • @goosebumplane
    @goosebumplane Жыл бұрын

    I really needed the magic in 9:46 😊

  • @sunilsomanath623
    @sunilsomanath62311 ай бұрын

    I like sequence with date function.

  • @Kirkland-rv5jf
    @Kirkland-rv5jf Жыл бұрын

    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?

  • @sarahbee1115
    @sarahbee11153 ай бұрын

    Those Templates are pretty