Top 7 Excel functions you must know for Data Analysis

Do you often wonder why some of your friends and colleagues are able to work less, earn more and have loads of free time while you slog to take time out for family and friends even on weekends? The answer is that they ‘work smart’.  Mastery in data analysis and Excel can be a huge help. It helps you plan, analyzes and execute smartly.  The blend of Excel knowledge & data analysis can reduce the work time by at least half.

Every professional need to know how strong and effective Excel is and about its features and functions which can save you a lot of time. One such feature is Data Analysis. I’m not saying you need to remember every function but yes you should try to use them regularly to improve the worth of your work. And for such features, Excel training courses online can help you in a great way. Before going for the course, you can check out this list of top 7 functions that needs to be known for Data Analysis.

Here are these!

Function of CONCATENATE

This approach is used commonly for merging certain texts existing in various cells or for adding a determined formula value in between a certain text. By Excel training, the method of Concatenation becomes easy for the long working process.

Function of LEN

The LEN is an aspect of text function. It is effective in finding the number of characters in a particular text. LEN function presents the number of character along with the spaces in a particular text string. Various Excel classes offer training for the learning of these functions.

Function of sort & filter

On the one hand, Sorting is beneficial when the largest or least interest lists are prioritized. By arranging the files, you can easily re-arrange a worksheet. To say, you can create a list of contact information by the first names of the candidates. Also, data can be sorted by alphabets, digits, numerals, etc. On the other hand, filtering is particularly used for the analysis of the collection of data by specifying certain criteria.

Function of find & Replace

It does just as it sounds: detects text and replaces it for the other text as indicated. The feature of find and replace is not a difficult task to perform; you can do it without having any Excel training.

Function of Index & Match

Besides VLOOKUP, INDEX and MATCH are the most commonly used search tools in Excel. The INDEX and MATCH combination is strong and versatile, and it is used from simple to advanced formulas.

Logical Functions

Logical functions are the most common and useful features of Excel. In other cells, they check the values and perform actions based on the test outcome. This allows in the automation of tasks in spreadsheets. Some of the Logic functions are IF, AND, OR, SUMIF, SUMIFS, AVERAGEIF, COUNTIF, COUNTIFS, etc. Skillfin Learning’s Excel training courses online can teach you these skills from scratch via real-life case illustrations.

Function of If Error

When a formula creates an error If Error returns a custom output and when no errors are found it gives an ideal result. If error is an easy means of detecting and handling errors without overcomplicated IF statements.

This article is restricted to the basic features that everyone should be aware of. But if you want to learn more advanced Excel features you can enroll in Skillfin Learning’s Microsoft Excel classes online. In these classes, you would learn skills from basic to advanced levels.