Top 10 Essential Excel Formulas for Analysts in 2024

Sdílet
Vložit
  • čas přidán 15. 05. 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.
    LEARN:
    👉 Excel for Business & Finance Course: www.careerprinciples.com/cour...
    📈 The Complete Finance & Valuation Course: www.careerprinciples.com/cour...
    🚀 All our courses: www.careerprinciples.com/courses
    SOCIALS:
    🎬 My Company CZcams Channel: / @careerprinciples
    📸 Instagram - careerprinc...
    🤳 TikTok - / career_principles
    🧑‍💻 LinkedIn - / careerprinciples
    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
    Disclaimer: I may receive a small commission on some of the links provided at no extra cost to you.

Komentáře • 260

  • @KenjiExplains
    @KenjiExplains  Před rokem +110

    🚀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 Před rokem

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

    • @renvirsiasol3947
      @renvirsiasol3947 Před 11 měsíci

      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 Před 11 měsíci

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

    • @beniria2179
      @beniria2179 Před 11 měsíci +1

      That gives 64% 59% and 48%

    • @abdullahiadamumaina2708
      @abdullahiadamumaina2708 Před 5 měsíci

      good job

  • @BibiMegaotaku
    @BibiMegaotaku Před 2 měsíci +28

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

  • @user-ri7sw2wt6f
    @user-ri7sw2wt6f Před rokem +19

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

  • @vishaljhaveri6176
    @vishaljhaveri6176 Před 9 měsíci +7

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

  • @stresslaxing.
    @stresslaxing. Před rokem +5

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

  • @magdahassib8659
    @magdahassib8659 Před rokem +2

    Thanks Kenji, you are always adding value .Thanks

  • @Danielle_Scott
    @Danielle_Scott Před rokem +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!

  • @_sonicfive
    @_sonicfive Před 3 měsíci +2

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

  • @Jenny-pc7ge
    @Jenny-pc7ge Před rokem

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

  • @mindmywordsbymeghna.5325

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

  • @BenDieselBasicAutomotive

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

  • @christopherleinweber5455
    @christopherleinweber5455 Před 11 měsíci +4

    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 !

  • @bspraveen9364
    @bspraveen9364 Před 8 měsíci

    Very useful 👌 Thanks for the information

  • @NatashaDiedricks
    @NatashaDiedricks Před rokem

    Kenji, you rock! Thank you.

  • @shahbazyandav82
    @shahbazyandav82 Před 2 měsíci

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

  • @nev0116
    @nev0116 Před měsícem

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

  • @LileeCuisia
    @LileeCuisia Před měsícem

    Thank you Kenji! This is very useful information.

  • @franciabowen2496
    @franciabowen2496 Před rokem +1

    Your videos are awesome. Thank you so much

  • @che7001
    @che7001 Před 11 měsíci +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!

  • @manpreetsagoo367
    @manpreetsagoo367 Před 14 dny

    Indexmatch formula is amazing. Thanks 😊

  • @andymarci6766
    @andymarci6766 Před rokem

    Thanks for these useful tips! Cheers!😁😁

  • @doristhecoder765
    @doristhecoder765 Před 11 měsíci

    You are a gift Kenji! Thanks

  • @leesam3258
    @leesam3258 Před rokem

    Indirect nested in index-xmatch is also pretty useful

  • @giannisgrats883
    @giannisgrats883 Před 2 měsíci

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

  • @kellysanesthesiatips1983
    @kellysanesthesiatips1983 Před 7 měsíci

    Thank you for sharing Doris The Coder!!!

  • @wilmaostman7537
    @wilmaostman7537 Před 6 měsíci

    Love your videos, thank you!!!

  • @Quinton-Baldwin
    @Quinton-Baldwin Před 5 měsíci

    Thank you, Kenji!

  • @faisalym
    @faisalym Před 2 měsíci

    Thanks. You made my life easier.

  • @charlenem6040
    @charlenem6040 Před 2 měsíci

    this was great thank you!

  • @brianbarns8675
    @brianbarns8675 Před 7 měsíci

    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

  • @susanitaq85
    @susanitaq85 Před rokem

    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

  • @junesechowski5932
    @junesechowski5932 Před měsícem

    Nicely done. Thanks!

  • @muhammadrefaay1503
    @muhammadrefaay1503 Před 11 měsíci

    super powerful kenji 💥💫 keep going

  • @Kbira8960
    @Kbira8960 Před 3 měsíci

    Concise and informative

  • @alblanquicett
    @alblanquicett Před 11 měsíci

    this is beautiful thank you

  • @sheetgood
    @sheetgood Před rokem +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.

  • @rockj8197
    @rockj8197 Před 11 měsíci +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.

  • @XLLearner_Courses
    @XLLearner_Courses Před 7 měsíci +1

    Agree. There are some basics formulas that you always use

  • @hectorrenemelendez
    @hectorrenemelendez Před rokem +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!"

  • @camlex6310
    @camlex6310 Před rokem

    Super useful!!

  • @kennethmutai2967
    @kennethmutai2967 Před 10 měsíci

    Thank you so much.

  • @swapnamali3860
    @swapnamali3860 Před rokem

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

  • @nolimit7185
    @nolimit7185 Před rokem

    Good job! Great video.

  • @camillegrajo1919
    @camillegrajo1919 Před 8 měsíci

    Thank you❤❤

  • @ahsantheanalyst7199
    @ahsantheanalyst7199 Před rokem +142

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

    • @KenjiExplains
      @KenjiExplains  Před rokem +66

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

    • @Mrdezmiki
      @Mrdezmiki Před rokem +20

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

    • @kartheek79
      @kartheek79 Před rokem +5

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

    • @ilocomocomediaentertainmen7425
      @ilocomocomediaentertainmen7425 Před 10 měsíci

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

    • @saravanakumar5656
      @saravanakumar5656 Před 7 měsíci

      1- cost/revenue will be handy

  • @sarathrupasinghe6240
    @sarathrupasinghe6240 Před rokem

    Nice, thanks Kenji.

  • @gergoadorjan4259
    @gergoadorjan4259 Před 5 měsíci

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

  • @hadiekhtiardar
    @hadiekhtiardar Před 19 dny

    very useful - thanks

  • @thusithadasanayaka4329
    @thusithadasanayaka4329 Před 10 měsíci

    thanks for explaining

  • @Mudianiel
    @Mudianiel Před rokem

    nice one,learnt alot

  • @safakv60
    @safakv60 Před 5 měsíci

    dude you're the best, totally time saving!

  • @peterjarabek5541
    @peterjarabek5541 Před rokem +1

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

    • @camridgway3862
      @camridgway3862 Před 20 dny

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

  • @RexxorDDG
    @RexxorDDG Před 3 měsíci

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

  • @tanweerabbasabbas649
    @tanweerabbasabbas649 Před 5 měsíci

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

  • @annieo.9887
    @annieo.9887 Před rokem

    Thanks Kenji

  • @sorosekaewmanee1845
    @sorosekaewmanee1845 Před rokem

    Thank you 😊

  • @MetalBreakdown
    @MetalBreakdown Před 11 měsíci +2

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

    • @Kezinch99
      @Kezinch99 Před 10 měsíci

      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 :/

  • @xujason4607
    @xujason4607 Před rokem

    great ! very useful, tks !

  • @rwfrench66GenX
    @rwfrench66GenX Před rokem +1

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

  • @emmapa3868
    @emmapa3868 Před 9 měsíci

    Thank you

  • @William_Webber
    @William_Webber Před rokem

    great tutorial

  • @questionresearch8721
    @questionresearch8721 Před 2 měsíci

    Thank you.

  • @Stef1955
    @Stef1955 Před rokem +2

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

  • @user-xh8cr9pk5g
    @user-xh8cr9pk5g Před 11 měsíci

    Great Video!

  • @Mark-gz9si
    @Mark-gz9si Před 4 měsíci

    thank you kenji

  • @nctzen-oe2sk
    @nctzen-oe2sk Před 2 měsíci

    wow nice thank you🥰

  • @mehranbilesan4186
    @mehranbilesan4186 Před rokem

    Awesomeee!!

  • @samanthadaroga4811
    @samanthadaroga4811 Před rokem

    Quite helpful

  • @kimsclub3860
    @kimsclub3860 Před 6 měsíci

    Great Thanks

  • @michaellorman448
    @michaellorman448 Před rokem +1

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

  • @nobogurus
    @nobogurus Před rokem

    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.

  • @hibaadnan9983
    @hibaadnan9983 Před rokem

    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?

  • @doug1307
    @doug1307 Před měsícem

    Indirect function is very useful too.

  • @toshiyo822
    @toshiyo822 Před rokem

    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?

  • @dakf660
    @dakf660 Před 8 měsíci

    Thanks for this video

  • @sherwinnaidoo8440
    @sherwinnaidoo8440 Před rokem

    Amazing Video

  • @SMrahim113
    @SMrahim113 Před 3 měsíci

    thanks brother

  • @divya264
    @divya264 Před měsícem

    Very useful

  • @m.w.6099
    @m.w.6099 Před rokem +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 Před rokem

      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 Před 11 měsíci +2

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

    • @willcarroll9762
      @willcarroll9762 Před 11 měsíci

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

    • @CP-zb3ky
      @CP-zb3ky Před 11 měsíci

      @@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 Před 10 měsíci +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.

  • @michaellawrence883
    @michaellawrence883 Před rokem +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?

  • @debbietownsend1673
    @debbietownsend1673 Před 10 měsíci

    YOU ROCK!

  • @gjinro743
    @gjinro743 Před rokem

    This is great

  • @dominicburrows7317
    @dominicburrows7317 Před rokem

    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

  • @tonysundellsweden
    @tonysundellsweden Před rokem

    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.

  • @sarahbee1115
    @sarahbee1115 Před 3 měsíci

    Those Templates are pretty

  • @solomonbhandari-young4154

    Amazing

  • @seanolanrewaju9
    @seanolanrewaju9 Před rokem

    I like this guy👍🏾

  • @user-sy7vp4ld2o
    @user-sy7vp4ld2o Před rokem

    thank you

  • @3lw1
    @3lw1 Před rokem

    Thank u

  • @ShIrEnZeR
    @ShIrEnZeR Před 6 měsíci

    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..

  • @piobasartejr.7686
    @piobasartejr.7686 Před rokem

    I'm watching this vlog always

  • @MK-fq3fk
    @MK-fq3fk Před 28 dny

    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

  • @godknowsjeremiah440
    @godknowsjeremiah440 Před 16 dny

    😊 Thanks

  • @duncachinoahimiha3889
    @duncachinoahimiha3889 Před 11 měsíci

    As someone on Excel 2019, I’m infinitely envious of the xlookup function (but not enough to subscribe to 365 lol)

  • @goosebumplane
    @goosebumplane Před rokem

    I really needed the magic in 9:46 😊

  • @DummyUrD
    @DummyUrD Před rokem

    I use the IF formular a lot

  • @PatrickWareham
    @PatrickWareham Před 5 měsíci

    Can you do a video explaining excel advance absolute,relative and mix reference?

  • @Kirkland-rv5jf
    @Kirkland-rv5jf Před rokem

    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?

  • @financnifitness2583
    @financnifitness2583 Před 21 dnem

    Hi, actually, the first example: Profit margin is calculated by taking the GROSS PROFIT and this is divided by REVENUE, not the other ay around. Other than that perfect video! :) You are wonderful!

  • @shahenulkabir-fu2yq
    @shahenulkabir-fu2yq Před rokem

    Simple ❤