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Top 5 Excel skills: from Excel rookie to Excel guru

Created by Lenny Wu, Last Updated 11-Nov-2020, Language:English

Top 5 Excel skills: from Excel rookie to Excel guru

The course is presented as a case study course

Created by Lenny Wu, Last Updated 11-Nov-2020, Language:English

What Will I Get ?

  • Recognize importance of building robust models by using dynamic formulas instead of hard-links
  • Discover benefits of using Pivot Tables in financial modeling
  • Identify 5 crucial elements in financial modeling
  • Discover how to build your own “robot” generating set reports by using macro
  • Explore multiple ways of consolidate financial reports: from basic, to intermediate to advanced methods

Requirements

  • Basic Excel knowledge
  • Example: be able to open one Excel file and add a new sheet, etc.

Description

The course is presented as a case study course

First, we start from building a short version Profit & Loss report based on system data. In this case, we teach students how to avoid hard-coded numbers and hard-linked sources in the report. Instead, we deploy some advanced formulas that make the report dynamic.

Second skill is about using pivot tables in reporting. It makes reporting much easier by slicing and dicing. This skill can differentiate rookies and gurus.

Third, we fine-tune the model by upgrading it into a dynamic model by including the assumption page, data page, reporting page, dashboard, and proof check.

Fourth, once reports are completed, we need to generate region-specific reports to distribute to regional managers. We can automate the whole report generating process through a programming language in Excel called VBA (Visual Basic Application).

Last, once we receive revised reports from regional managers, we need to consolidate them into the corporate P&L report. We teach methods at all levels: basic, intermediate and advanced.

Course Search Keywords

  • VBA
  • Pivot    table
  • Consolidate
  • Dynamic formulas
  • Dashboard
    validation

Course Content

Lenny Wu

Lenny Wu was a Lecturer at Tsinghua University in Beijing, China. He also sat as an Examiner for the International English Language Testing System (or IELTS) in the 1990s. On top of these, he is an exam trainer for various high profile exams, such as GRE (or Graduate Record Examination), GMAT (or Graduate Management Admission Test), TOEFL (or Test of English as a Foreign Language),  and math contests such as Euler, Gauss and Pascal. He has published books on test taking strategies. 

Lenny received his MBA, Finance from The George Washington University in Washington, DC, USA, and currently is a Senior Financial Analyst with an international engineering company in Vancouver, BC, Canada.

Lenny's motto at work is "Don’t work hard, work smart". Lenny has passion in teaching how to build your own "robot" into everyday office work. He has over over 22 years working with Microsoft Excel, and he is a modeling expert in Power Query, Power Pivot, and Power BI.

Lenny is a big proponent of OCR (One-click Reporting), and SSR (Self-service Reporting).