Back to Mastering Data Analysis in Excel

4.2

stars

3,609 ratings

•

858 reviews

Important: The focus of this course is on math - specifically, data-analysis concepts and methods - not on Excel for its own sake. We use Excel to do our calculations, and all math formulas are given as Excel Spreadsheets, but we do not attempt to cover Excel Macros, Visual Basic, Pivot Tables, or other intermediate-to-advanced Excel functionality.
This course will prepare you to design and implement realistic predictive models based on data. In the Final Project (module 6) you will assume the role of a business data analyst for a bank, and develop two different predictive models to determine which applicants for credit cards should be accepted and which rejected. Your first model will focus on minimizing default risk, and your second on maximizing bank profits. The two models should demonstrate to you in a practical, hands-on way the idea that your choice of business metric drives your choice of an optimal model.
The second big idea this course seeks to demonstrate is that your data-analysis results cannot and should not aim to eliminate all uncertainty. Your role as a data-analyst is to reduce uncertainty for decision-makers by a financially valuable increment, while quantifying how much uncertainty remains. You will learn to calculate and apply to real-world examples the most important uncertainty measures used in business, including classification error rates, entropy of information, and confidence intervals for linear regression.
All the data you need is provided within the course, all assignments are designed to be done in MS Excel, and you will learn enough Excel to complete all assignments. The course will give you enough practice with Excel to become fluent in its most commonly used business functions, and you’ll be ready to learn any other Excel functionality you might need in the future (module 1).
The course does not cover Visual Basic or Pivot Tables and you will not need them to complete the assignments. All advanced concepts are demonstrated in individual Excel spreadsheet templates that you can use to answer relevant questions. You will emerge with substantial vocabulary and practical knowledge of how to apply business data analysis methods based on binary classification (module 2), information theory and entropy measures (module 3), and linear regression (module 4 and 5), all using no software tools more complex than Excel....

JE

Oct 30, 2015

The course deserves a 5-star rating because: (1) content is relevant, (2) the professor is concise and possesses great teaching skills, and (3) the learning modules are applicable to daily problems.

PW

Oct 13, 2020

The course was excellent. A little difficult and overwhelming at times but as long as you stayed the course the professors gave you every opportunity to succeed. Thank you for your time professor.

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By 张之晗(ZhiHan Z

•Sep 9, 2017

So many terminologies, can you talk those principles concisely?

By cherie

•Sep 19, 2016

Very hard to comprehend for 6 weeks. But could have been great.

By Bernhard K

•Feb 28, 2016

Way too theoretical. This is Excel, not Information Theory....

By Ernesto R

•Mar 11, 2016

Not enough practices for the unexperienced students.

By Scott R

•Oct 21, 2020

Definitely way more statistics than I expected.

By Neelam M

•Jul 27, 2016

inclination was more towards concept than excel

By SARAH S A

•Jul 18, 2017

Tough Course.. Need Mathematical Background

By Y. B

•Feb 6, 2016

good, but no material and lack of structure

By Ricardo C

•Dec 8, 2018

Too much theory and no excel learings.

By Reiko M

•May 3, 2016

Not so comfortable with using Excel.

By Sundeep g

•Feb 24, 2019

It was great to have this course.

By Hao C

•Feb 9, 2016

Not so relevant with real work.

By Joseph M

•May 2, 2016

It was an interesting course.

By Carlos S C

•Feb 14, 2016

Final project really hard

By Vishal R

•Dec 18, 2015

Not much explanatory

By Santiago B

•May 27, 2020

Very theoretical.

By Syed A M K

•Dec 11, 2015

good course

By Jorge D

•Oct 17, 2015

great!

By Gabriel O C

•Jul 5, 2016

PROS:

- Classification lecture is good;

-Weekly assignments are challenging enough

CONS

- No slides provided. Professor draws on an eletronic chalkboard (with a very bad handwriting) and you need to keep going back to videos when you are doing the homework. For me, this shows lack of professionalism and laziness

- Some excel sheets are provided. But they are very messy and badly formatted, matching the messy handwriting in the videos. AND, the instructions are for MAC! No instructions for PC are provided whatsoever. I never used MAC, so I had a very hard time!

- Very few examples real examples are provided;

- You learn math concepts, not Excel skills! Except for the LINEST function, which is very handy, BUT it's NOT TAUGHT in the videos. I had to google the function to learn it.

- They say to complete each piece of the final assingment after you finish the respective week related to that piece. But they only say that as you start week 6!

- The course doesn't provide sufficient material for the final assignment. You get stuck without knowing how to get to answers;

- Some answers to the final assignment are not correct, you check the answer sheet, and the results aren't present in the test!

OVERALL:

I'd never recommend this course to anyone. I only took it because I'm plannening to finish the specialization.

I've taken several Online Courses (5+ on Excel), and this is the worst and most frustating one by far!

By Emanuele M

•Oct 3, 2020

An interesting course, however, undermined by the number of topics addressed that for their complexity would have deserved a more systematic and less random treatment. The course is based on several pre-compiled excel files that should be a demonstration of the theoretical topics covered. This approach does not ensure the mastery of the theory by reducing the quizzes to the mere filing of cells with predetermined formulas.

I find the part on linear regression the most catastrophic. Having personally some basis of statistics, I have somehow managed to complete the course, but the treatment, especially with regard to the concept of entropy in information theory, should be completely revised. I don't understand why Professor Eggers doesn't start from basic concepts and then expand to more complex ones instead of the opposite. The final work, despite the formulation, is almost completely incomprehensible (check on the forums to believe), as unfortunately often happens here on Coursera is judged good-natured and the general level is very low, with a wide degree of plagiarism.

By Noelle G

•Feb 9, 2018

Understand that this is a course in Data Analysis that utilizes excel, not a course in excel. That being said, that's not my main reason for the lower rating. The math taught in this course is not geared well to people who struggle with math. Much of the learning time is devoted to understanding the math at a theoretical level. Much of the terminology is inadequately explained, and thee are too many instances of mathematical proofing over concrete, numerical examples. What numerical examples there are tend to be deliberately specific, simple and limited because the instructor wants you to take what you learned and apply it to the more complicated problems using your own understanding. Sadly this does not work when you don't understand the math with only a few simple examples and the theoretical reason as to why it works as a reference. Additionally the mentor for the course forums has very similar problems to the professor, relying on complicated mathematical terms and definitions that mean very little to someone who wasn't able to get it the first time.

By George T

•Mar 8, 2017

The course was a bit disappointing. We didn't cover enough advanced Excel functionalities, opting instead to focus on 2 statistical models (Binary Classification and Linear Regression). Having a BSc in Economics, the Linear Regression tutorials and quizzes seemed infantile, while the Binary Classification tutorials proved to be too vague, when we actually had to apply this knowledge on the final project. In retrospect, I regret not starting to work on the final week's material right from the start, which resulted in having to switch session multiple times in order to finish the course. Even if I had done so, though, it wouldn't have made up for the vague instructions in the quizzes and assignment of the final week that made feel at a loss, until I asked for help in the forums. All in all, this course need some serious re-working, in terms of how the material is presented and how the assignments are phrased.

By Monique P

•Aug 11, 2016

I did learn a few helpful tips for analyzing data with excel - particularly how to do a regression analysis in excel which is something I didn't know and is not intuitive. But for a course that is supposed to teach you how to analyze data in excel, there are actually very few lectures that actually show you how to do anything in excel. So much time is spent on how to calculate stuff by hand, without even mentioning how it translates to excel. Also the lectures have a lot of errors that were not corrected in a professional way. Just a random slide put in as an afterthought. The lectures got a bit disorganized towards the end, like the professor was in a rush and then forgot to relate everything to actual business analysis. The final project was especially difficult as not much was explained - I had to read the forums to figure out what I was actually supposed to do.

By Carmen R

•Jul 22, 2016

This course was tough, but I dont mind a challenge. But what I found frustrating about this course was that first the quizzes were often inconsistent with the lecture material, the TA's were less helpful than my fellow classmates (without whom I would not have made it through the course) and the final was an IMMENSE challenge that took over my life for about 1 week - despite the calculation by the instructors that it would take 6-8 hours. I did give it a few stars because I honestly did learn things I did not know, and I understand the value of the application of what was taught for modern businesses. I have been informed that the course is being reviewed by the instructors for strengthening and I 100% agree with that direction.

By Dan E

•Jul 27, 2020

The course title is misleading. Various statistical methods are introduced in this course without much thought to ordering, then presented in pre-made Excel templates that are used for the course's final project. The analysis techniques are worth learning, but their connection is not clear, and the difficulty spike from the first week to the second and especially the final project is high. Additionally there were some mistakes in the course that lead to several hours of wasted time in preparing the final project. Prof. Eggers is obviously very knowledgable, so if you are willing to invest more time than the average, this course may be worth taking.

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