The Comprehensive Excel Masterclass is an advanced course designed to empower students with the skills and knowledge needed to maximize the potential of Microsoft Excel in a business environment. This course goes beyond the basics and explores advanced functions, and features that will enable students to perform complex calculations, retrieve and manipulate data from multiple sources, and gain valuable insights from data. The course combines theoretical concepts with practical exercises and examples to reinforce learning.
A crucial aspect of business decision-making involves understanding the time value of money. In this course, students will be exposed to time value of money principles and learn how to utilize Excel's financial functions to analyze loans, create amortization schedules, and evaluate project valuations. By leveraging functions such as PV, FV, NPV, PMT, IRR and more, students will be able to make informed financial decisions.
A significant portion of the course is dedicated to creating Excel dashboards, which are effective tools for visually presenting performance data (such as KPIs). Participants will learn how to leverage Pivot Tables to create dynamic and interactive dashboards utilizing slicers, timelines, and calculated fields to enhance data exploration and create compelling dashboards.
Upon successful completion of this course, you will be able to:
- Utilize complex Excel functions and techniques to extract and manipulate data.
- Evaluate the financial viability of loans using Excel's financial functions.
- Apply the principles of Capital Budgeting for project selection and investment decisions.
- Create advanced Pivot Tables and Pivot Charts for data analysis and visualization.
- Develop interactive dashboards with Form Controls to enhance user experience.
- Design custom charts for effective data visualization.
- Apply Excel's latest features and updates in Office 365/Google Sheets for increased productivity.
- Showcase key performance indicators (KPIs) to support data-driven decision-making in business intelligence.
Welcome to Mastering Excel Essentials to Enhance Business Value! This module introduces Pivot Tables and Power Query as powerful tools for organizing, analyzing, and transforming data. You will learn to build dynamic reports, apply filters, group data, and create interactive dashboards, while also gaining an introduction to preparing and cleaning data with Power Query.
Module 1 Lesson 2 Video Instructions Pt.1•30 minutes
Module 1 Lesson 2 Video Instructions Pt.2•10 minutes
Pivot Tables II Exercise Completed Workbook•10 minutes
Pivot Tables Exercise III Completed Worksheet•10 minutes
(Optional) Google Sheets Exercises•10 minutes
Module 1 Lesson 3 Reading •10 minutes
Module 1 Lesson 3 Video Instructions Pt.1•30 minutes
Sample Data Power Query Import File•10 minutes
Module 1 Lesson 3 Video Instructions Pt.2•10 minutes
Power Query Exercise Data Files•10 minutes
Power Query Exercise Part A Completed Workbook•10 minutes
Power Query Exercise Part B Completed Workbook•10 minutes
Module 1 Summative Assessment Answers•10 minutes
Module 1 Summary•10 minutes
8 assignments•Total 795 minutes
Module 1 Summative Assessment•180 minutes
Pivot Table Exercise•180 minutes
Pivot Tables Quiz•180 minutes
Pivot Tables II Exercise•180 minutes
Pivot Tables Exercise III•15 minutes
Power Query Exercise Part A•15 minutes
Power Query Exercise Part B•15 minutes
Power Query Quiz•30 minutes
1 discussion prompt•Total 10 minutes
Meet and Greet Discussion•10 minutes
Module 2: Time Value of Money and Loan Modeling in Excel
Module 2•21 hours to complete
Module details
Welcome to Module 2! This module explores the time value of money and its role in financial decision-making. You will use Excel’s financial functions to model investments, calculate loan payments, build amortization schedules, and analyze the impact of interest rates and repayment strategies on long-term outcomes.
What's included
25 videos16 readings9 assignments
Show info about module content
25 videos•Total 169 minutes
Module 2 Introduction•1 minute
Introduction to Time Value of Money and Cash Flow Diagrams•7 minutes
Cash Flow Diagrams in Excel•5 minutes
Introduction to Loans and Simple Interest•8 minutes
Understanding Compound Interest•8 minutes
Comparing Quotes Rates•4 minutes
Calculating the Effective Interest Rate•7 minutes
EFFECT and NOMINAL Functions•5 minutes
Terminology: Interest Vs. Discount Rates•2 minutes
The Power of Compounding•7 minutes
Basic Excel Financial functions I (FV, PV,)•8 minutes
Annuity and Perpetuities•14 minutes
Basic Excel Financial functions II (RATE, NPER)•8 minutes
Example I – Using APR, EAR, FV and PV Functions•5 minutes
Example II – Calculating EAR and APR with Period Mismatch •7 minutes
Example III – Recursive and Nested PV Calculation•6 minutes
Calculating Loan Payments (PMT)•7 minutes
Understanding Amortization or Repayment Schedules•5 minutes
Creating an Amortization in Excel: Applying IPMT, PPMT Functions•9 minutes
Calculating Loan Balances with CUMPRINC Function•10 minutes
CUMIPMT and CUMPRINC Functions – Understanding Total Interest and Principal Payment Calculations•7 minutes
CUMIPMT and CUMPRINC Functions – Automating Start and End Periods by Year•5 minutes
Impact of Paying Extra each Period on Loan Repayment Horizon (NPER)•11 minutes
Impact of Adjustable Rates on Mortgages and Credit Card Loans – Part I•8 minutes
Impact of Adjustable Rates on Mortgages and Credit Card Loans – Part II•4 minutes
16 readings•Total 200 minutes
Module 2 Lesson 1 Reading•10 minutes
Module 2 Lesson 1 Video Instructions Pt.1•30 minutes
Module 2 Lesson 1 Video Instructions Pt.2•10 minutes
Module 2 Lesson 2 Reading•10 minutes
Module 2 Lesson 2 Video Instructions Pt. 1•10 minutes
Module 2 Lesson 2 Video Instructions Pt. 2•10 minutes
Time Value of Money Exercise Completed Workbook•10 minutes
More Complex Financial Functions Exercise•30 minutes
Excel Functions Quiz (Excel Needed) •180 minutes
Loan Analysis Exercise•60 minutes
Mortgage Loan & Refinancing Exercise•60 minutes
Excel Functions Quiz (No Excel Needed)•180 minutes
Module 3: Evaluating Investment Projects and Decision Making
Module 3•21 hours to complete
Module details
Welcome to Module 3! This module focuses on building models to support data-driven decision-making and evaluating business projects. You will apply Excel tools like Goal Seek, data tables, and scenario analysis, while also mastering capital budgeting techniques such as NPV, IRR, and incremental analysis to select the most profitable investments.
What's included
25 videos13 readings8 assignments
Show info about module content
25 videos•Total 149 minutes
Module 3 Introduction•1 minute
Module 3 Lesson 3 Introduction•1 minute
Inspired Endeavors Base Case – Using Cell References•6 minutes
Inspired Endeavors Base Case -- Using Names•8 minutes
One-Variable Data Table•5 minutes
Text Label Format for One-Variable Data Table•6 minutes
Two-Variable Data Table•7 minutes
Scenario Manager•15 minutes
Goal Seek & Loans•4 minutes
One-Variable Data Tables & Loans•5 minutes
Two-Variable Data Tables & Loans•4 minutes
Introduction to Capital Budgeting•3 minutes
Introduction to Net Present Value (NPV Function)•8 minutes
NPV Pitfalls•3 minutes
XNPV – NPV Function using Real Dates•5 minutes
Evaluating One-Time Projects using Net Present Analysis•9 minutes
Capital Budgeting for Ongoing Projects – Using a specified Time Horizon•8 minutes
Module 3 Lesson 3 Video Instructions Pt.1•10 minutes
Module 3 Lesson 3 Video Instructions Pt.2•10 minutes
Capital Budgeting Exercise Completed Workbook•10 minutes
Project Evaluation and Selection Quiz - Solution Worksheet•10 minutes
Module 3 Summative Assessment Answers•10 minutes
Module 3 Summary•10 minutes
8 assignments•Total 990 minutes
Module 3 Summative Assessment•180 minutes
Practice Activity: Base Case Analysis Exercise•180 minutes
Practice Activity: Goal Seek Exercise•180 minutes
Practice Activity: What-If Analysis Exercise•180 minutes
What-If Analysis Quiz•30 minutes
NPV Exercise•30 minutes
Capital Budgeting Exercise•180 minutes
Project Evaluation and Selection Quiz•30 minutes
Module 4: Driving Business Intelligence with Excel Dashboards
Module 4•22 hours to complete
Module details
Welcome to Module 4! In today's data-driven world, the ability to create dashboards that are both interactive and informative is absolutely crucial for effective data analysis and decision-making. In this module, we'll dive deep into the art of dashboard design, focusing on the practical application of our lessons. You'll learn how to leverage Excel's Form Controls to build dynamic and user-friendly dashboards without the need for VBA programming. But this module is about much more than Excel functions. It's about mastering the design principles that make dashboards meaningful and effective. You'll discover how to craft displays of quantitative data that facilitate managerial decision-making. We'll explore essential theories, concepts, and methodologies to visualize and analyze real-world data. From mastering data retrieval techniques with INDEX to exploring ways to create dynamic charts, this module is designed to transform you into an adept dashboard designer, capable of synthesizing and visualizing complex data in an easily digestible format.
What's included
38 videos17 readings5 assignments
Show info about module content
38 videos•Total 318 minutes
Module 4 Introduction•1 minute
Introduction to Mastering Excel Dashboards•5 minutes
This module contains the summative course assessment that has been designed to evaluate your understanding of the course material and assess your ability to apply the knowledge you have acquired throughout the course. Be sure to review the course material thoroughly before taking the assessment.
What's included
1 assignment
Show info about module content
1 assignment•Total 120 minutes
Summative Course Assessment•120 minutes
Build toward a degree
This course is part of the following degree program(s) offered by Illinois Tech. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹
View eligible degrees
Build toward a degree
This course is part of the following degree program(s) offered by Illinois Tech. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹
¹Successful application and enrollment are required. Eligibility requirements apply. Each institution determines the number of credits recognized by completing this content that may count towards degree requirements, considering any existing credits you may have. Click on a specific course for more information.
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Illinois Tech is a top-tier, nationally ranked, private research university with programs in engineering, computer science, architecture, design, science, business, human sciences, and law. The university offers bachelor of science, master of science, professional master’s, and Ph.D. degrees—as well as certificates for in-demand STEM fields and other areas of innovation. Talented students from around the world choose to study at Illinois Tech because of the access to real-world opportunities, renowned academic programs, high value, and career prospects of graduates.
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HR
5·
Reviewed on Aug 31, 2024
This Course will help an MBA students to get knowledge about Excel most important Functions like Pivot Table, Developer tool features and so on
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5·
Reviewed on Jun 30, 2024
Great experience and I learned more than I projected.
Materials as well as the instructor were exceptionally excellent!
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4·
Reviewed on Aug 14, 2024
It was very comprehensive course on critical features and functions in Excel that are required for everyday use and data analysis and visualization.
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