Business Analytics With Excel Training Course

Course Overview

Welcome to the Training on Business Analytics with Excel!  Microsoft Excel is the most widely used software for analytics, reporting, and strategy in the business world. This course is designed to equip participants with essential data analytical skills using Excel’s robust features. Participants will learn statistical concepts to derive insights from data and make data-driven decisions using Excel. The course will also enhance your abilities in Excel pivots, enabling you to summarize and explore data flexibly, and will introduce Power BI, Microsoft's latest tool for analytics and data visualization.

Target Audience

This course is perfect for:

• Business analysts and data professionals
• Financial analysts and accountants
• Marketing and sales strategists
• Managers responsible for data-driven decision-making
• Anyone interested in enhancing their Excel and data analytics skills

Course Objectives

By the end of this course, participants will be able to:

• Understand the essentials of business analytics and differentiate between analysis and analytics
• Use Excel's conditional formatting to highlight key data points
• Master various Excel functions, including logical, lookup, and statistical functions
• Analyze data using pivot tables and develop custom calculations
• Design interactive dashboards in Excel for effective data presentation
• Apply business analytics techniques using Excel features like Solver, Goal Seek, and Scenario Manager
• Conduct statistical analysis using Excel, including hypothesis testing and regression
• Automate tasks with Excel VBA to improve efficiency
• Utilize Power BI for advanced data visualization and analytics

Course Outline

Introduction to Business Analytics

• What is Business Analytics?
• Analysis vs. Analytics
• Types and areas of Analytics

Conditional Formatting using Excel

• Custom and conditional formatting techniques

Excel Functions

• Logical Functions: IF, AND, OR
• Lookup and Reference Functions: VLOOKUP, HLOOKUP, MATCH, INDEX, OFFSET
• Statistical Functions: SUMIFS, COUNTIFS

Analysis Data using Pivot Tables

• Introduction to Pivot Tables
• Grouping and custom calculations
• Creating calculated fields and items
• Building slicers for data filtering

Dashboard in Excel

• Understanding Dashboards and their design
• Chart formatting and creating interactive dashboards with form controls

Business Analytics using Excel

• Using Histogram, Solver Addin, Goal Seek, Scenario Manager, and Data Table
• Descriptive Statistics for data insights

Statistical Analysis using Excel

• Conducting Hypothesis Testing, ANOVA, Covariance, Correlation, and Regression

Excel VBA

• Introduction to VBA: MsgBox, variables, events, arrays, and functions

Power BI

• Exploring Power Pivot, Power View, Power Query, and Power Map for advanced analytics