Top 10 Essential Excel Formulas for Analysts in 2024

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  • Опубліковано 7 чер 2024
  • Learn the only Excel formulas you need as an Analyst in 2023 to get most things done.
    🚀Get FREE Excel chart templates from Hubspot: clickhubspot.com/y21
    🆓 DOWNLOAD Free Excel file for this video: view.flodesk.com/pages/63ef84...
    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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КОМЕНТАРІ • 267

  • @KenjiExplains
    @KenjiExplains  Рік тому +115

    🚀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 Рік тому

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

    • @renvirsiasol3947
      @renvirsiasol3947 Рік тому

      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 Рік тому

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

    • @beniria2179
      @beniria2179 Рік тому +1

      That gives 64% 59% and 48%

    • @abdullahiadamumaina2708
      @abdullahiadamumaina2708 5 місяців тому

      good job

  • @BibiMegaotaku
    @BibiMegaotaku 3 місяці тому +34

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

  • @user-ri7sw2wt6f
    @user-ri7sw2wt6f Рік тому +22

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

  • @vishaljhaveri6176
    @vishaljhaveri6176 10 місяців тому +9

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

  • @stresslaxing.
    @stresslaxing. Рік тому +5

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

  • @magdahassib8659
    @magdahassib8659 Рік тому +2

    Thanks Kenji, you are always adding value .Thanks

  • @Jenny-pc7ge
    @Jenny-pc7ge Рік тому

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

  • @Danielle_Scott
    @Danielle_Scott Рік тому +5

    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!

  • @BenDieselBasicAutomotive
    @BenDieselBasicAutomotive Рік тому +1

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

  • @ace9resistance
    @ace9resistance 16 днів тому

    Honestly all these are mindblowing. As a guy thats been using excel for my new position for about 1 year now and so many steps are tedious knowing i can implement some of these lessons is a gift from the excel gods 😂

  • @franciabowen2496
    @franciabowen2496 Рік тому +1

    Your videos are awesome. Thank you so much

  • @junesechowski5932
    @junesechowski5932 2 місяці тому

    Nicely done. Thanks!

  • @christopherleinweber5455
    @christopherleinweber5455 Рік тому +5

    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 !

  • @LileeCuisia
    @LileeCuisia 2 місяці тому

    Thank you Kenji! This is very useful information.

  • @_sonicfive
    @_sonicfive 4 місяці тому +2

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

  • @wilmaostman7537
    @wilmaostman7537 7 місяців тому

    Love your videos, thank you!!!

  • @doristhecoder765
    @doristhecoder765 Рік тому

    You are a gift Kenji! Thanks

  • @mindmywordsbymeghna.5325
    @mindmywordsbymeghna.5325 Рік тому

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

  • @NatashaDiedricks
    @NatashaDiedricks Рік тому

    Kenji, you rock! Thank you.

  • @user-zq3tn9st5k
    @user-zq3tn9st5k 8 днів тому

    Thank u. It's really helpful and not even an analyst ❤

  • @andymarci6766
    @andymarci6766 Рік тому

    Thanks for these useful tips! Cheers!😁😁

  • @che7001
    @che7001 Рік тому +8

    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 місяців тому +2

      Certainly, by using data validation.

  • @bspraveen9364
    @bspraveen9364 9 місяців тому

    Very useful 👌 Thanks for the information

  • @giannisgrats883
    @giannisgrats883 3 місяці тому

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

  • @camlex6310
    @camlex6310 Рік тому

    Super useful!!

  • @manpreetsagoo367
    @manpreetsagoo367 Місяць тому

    Indexmatch formula is amazing. Thanks 😊

  • @charlenem6040
    @charlenem6040 2 місяці тому

    this was great thank you!

  • @Kbira8960
    @Kbira8960 4 місяці тому

    Concise and informative

  • @Quinton-Baldwin
    @Quinton-Baldwin 6 місяців тому

    Thank you, Kenji!

  • @kellysanesthesiatips1983
    @kellysanesthesiatips1983 8 місяців тому

    Thank you for sharing Doris The Coder!!!

  • @faisalym
    @faisalym 3 місяці тому

    Thanks. You made my life easier.

  • @sarathrupasinghe6240
    @sarathrupasinghe6240 Рік тому

    Nice, thanks Kenji.

  • @nolimit7185
    @nolimit7185 Рік тому

    Good job! Great video.

  • @shahbazyandav82
    @shahbazyandav82 3 місяці тому

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

  • @alblanquicett
    @alblanquicett Рік тому

    this is beautiful thank you

  • @xujason4607
    @xujason4607 Рік тому

    great ! very useful, tks !

  • @nev0116
    @nev0116 2 місяці тому

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

  • @muhammadrefaay1503
    @muhammadrefaay1503 11 місяців тому

    super powerful kenji 💥💫 keep going

  • @Mudianiel
    @Mudianiel Рік тому

    nice one,learnt alot

  • @kennethmutai2967
    @kennethmutai2967 10 місяців тому

    Thank you so much.

  • @thusithadasanayaka4329
    @thusithadasanayaka4329 11 місяців тому

    thanks for explaining

  • @hadiekhtiardar
    @hadiekhtiardar Місяць тому

    very useful - thanks

  • @sheetgood
    @sheetgood Рік тому +1

    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.

  • @user-xh8cr9pk5g
    @user-xh8cr9pk5g Рік тому

    Great Video!

  • @peterjarabek5541
    @peterjarabek5541 Рік тому +1

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

    • @camridgway3862
      @camridgway3862 Місяць тому

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

  • @mehranbilesan4186
    @mehranbilesan4186 Рік тому

    Awesomeee!!

  • @safakv60
    @safakv60 6 місяців тому

    dude you're the best, totally time saving!

  • @hectorrenemelendez
    @hectorrenemelendez Рік тому +16

    "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 11 місяців тому +2

      Is this written by ChatGPT?

    • @lukmanadamu5778
      @lukmanadamu5778 9 місяців тому

      @@saukashObviously😁😁

  • @annieo.9887
    @annieo.9887 Рік тому

    Thanks Kenji

  • @susanitaq85
    @susanitaq85 Рік тому

    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

  • @sorosekaewmanee1845
    @sorosekaewmanee1845 Рік тому

    Thank you 😊

  • @zhiqizhang4348
    @zhiqizhang4348 Місяць тому

    Thank you

  • @rockj8197
    @rockj8197 Рік тому +4

    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.

  • @swapnamali3860
    @swapnamali3860 Рік тому

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

  • @Stef1955
    @Stef1955 Рік тому +2

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

  • @William_Webber
    @William_Webber Рік тому

    great tutorial

  • @kimsclub3860
    @kimsclub3860 7 місяців тому

    Great Thanks

  • @leesam3258
    @leesam3258 Рік тому

    Indirect nested in index-xmatch is also pretty useful

  • @nctzen-oe2sk
    @nctzen-oe2sk 3 місяці тому

    wow nice thank you🥰

  • @camillegrajo1919
    @camillegrajo1919 9 місяців тому

    Thank you❤❤

  • @questionresearch8721
    @questionresearch8721 3 місяці тому

    Thank you.

  • @divya264
    @divya264 2 місяці тому

    Very useful

  • @XLLearner_Courses
    @XLLearner_Courses 7 місяців тому +1

    Agree. There are some basics formulas that you always use

  • @gergoadorjan4259
    @gergoadorjan4259 6 місяців тому

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

  • @samanthadaroga4811
    @samanthadaroga4811 Рік тому

    Quite helpful

  • @sherwinnaidoo8440
    @sherwinnaidoo8440 Рік тому

    Amazing Video

  • @michaellawrence883
    @michaellawrence883 Рік тому +4

    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?

  • @Mark-gz9si
    @Mark-gz9si 5 місяців тому

    thank you kenji

  • @RexxorDDG
    @RexxorDDG 4 місяці тому

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

  • @tanweerabbasabbas649
    @tanweerabbasabbas649 5 місяців тому

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

  • @brianbarns8675
    @brianbarns8675 8 місяців тому

    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

  • @debbietownsend1673
    @debbietownsend1673 11 місяців тому

    YOU ROCK!

  • @solomonbhandari-young4154
    @solomonbhandari-young4154 Рік тому

    Amazing

  • @michaellorman448
    @michaellorman448 Рік тому +1

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

  • @gjinro743
    @gjinro743 Рік тому

    This is great

  • @SMrahim113
    @SMrahim113 3 місяці тому

    thanks brother

  • @godknowsjeremiah440
    @godknowsjeremiah440 Місяць тому

    😊 Thanks

  • @seanolanrewaju9
    @seanolanrewaju9 Рік тому

    I like this guy👍🏾

  • @piobasartejr.7686
    @piobasartejr.7686 Рік тому

    I'm watching this vlog always

  • @3lw1
    @3lw1 Рік тому

    Thank u

  • @rwfrench66GenX
    @rwfrench66GenX Рік тому +1

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

  • @user-sy7vp4ld2o
    @user-sy7vp4ld2o Рік тому

    thank you

  • @sarahbee1115
    @sarahbee1115 4 місяці тому

    Those Templates are pretty

  • @dakf660
    @dakf660 9 місяців тому

    Thanks for this video

  • @hibaadnan9983
    @hibaadnan9983 Рік тому

    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?

  • @MetalBreakdown
    @MetalBreakdown 11 місяців тому +2

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

    • @Kezinch99
      @Kezinch99 11 місяців тому

      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 :/

  • @muthukumar-wj6pk
    @muthukumar-wj6pk Рік тому

    excellent

  • @tonysundellsweden
    @tonysundellsweden Рік тому

    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.

  • @m.w.6099
    @m.w.6099 Рік тому +16

    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 Рік тому

      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 Рік тому +2

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

    • @willcarroll9762
      @willcarroll9762 11 місяців тому

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

    • @CP-zb3ky
      @CP-zb3ky 11 місяців тому

      @@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 11 місяців тому +1

      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.

  • @doug1307
    @doug1307 Місяць тому

    Indirect function is very useful too.

  • @charizard_baller69
    @charizard_baller69 Рік тому

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

  • @nobogurus
    @nobogurus Рік тому

    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.

  • @ShIrEnZeR
    @ShIrEnZeR 7 місяців тому

    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..

  • @dominicburrows7317
    @dominicburrows7317 Рік тому

    I am so so glad that I found this channel. Can you help with formula to compare 2 sheets or workbooks and highlight the data that's repeating or duplicate and then move that data to a different sheet. Also help on concatenate, vlookup and pivot will be great

  • @ahsantheanalyst7199
    @ahsantheanalyst7199 Рік тому +147

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

    • @KenjiExplains
      @KenjiExplains  Рік тому +70

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

    • @Mrdezmiki
      @Mrdezmiki Рік тому +22

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

    • @kartheek79
      @kartheek79 Рік тому +5

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

    • @ilocomocomediaentertainmen7425
      @ilocomocomediaentertainmen7425 11 місяців тому

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

    • @Kumar.saravana09
      @Kumar.saravana09 8 місяців тому

      1- cost/revenue will be handy

  • @MK-fq3fk
    @MK-fq3fk Місяць тому

    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

  • @jhonrayocampo7511
    @jhonrayocampo7511 Рік тому

    Ang galing ma try sa office hehehe

  • @toshiyo822
    @toshiyo822 Рік тому

    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?

  • @goosebumplane
    @goosebumplane Рік тому

    I really needed the magic in 9:46 😊

  • @Kirkland-rv5jf
    @Kirkland-rv5jf Рік тому

    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?