Explain Ms Excel



Excel definition: software program by Microsoft that uses spreadsheets to organize numbers and data with formulas and functions. Excel analysis is ubiquitous around the world and used by businesses of all sizes to perform financial analysis. In its simplest form, the VLOOKUP function says: =VLOOKUP (What you want to look up, where you want to look for it, the column number in the range containing the value to return, return an Approximate or Exact match – indicated as 1/TRUE, or 0/FALSE).

Importance of Microsoft Excel for Students: Excel is very beneficial for students. Students can learn by using excel how to convert raw data into meaningful information. They will learn by doing exercises in Excel on how to perform calculations faster. They will understand by using Excel how data can be visualized. They will learn how to do financial planning. Students can learn why data and information are important to filters.

This question allows you to explain your resourcefulness with Excel and confirms your understanding of this popular practice. Example: “A pivot table is an essential tool to summarize, aggregate, reorganize, sort, group, count, average or compute data stored across a database. Microsoft Excel is a spreadsheet program included in the Microsoft Office suite of applications. Spreadsheets present tables of values arranged in rows and columns that can be manipulated mathematically using both basic and complex arithmetic operations and functions.

They will learn in Excel why how to track goal progressions, how salaries are calculated etc. are essential things they will face and use in the future but if they are practicing on such things using Microsoft Excel earlier in their career, it will be easy for them in the future to handle a large amount of data and information easily and accurately.

Students can become good and proficient in any school or college subject by using Microsoft Excel. Microsoft Excel is really important in our education system that enhances data management creativity in students’ minds. Microsoft Excel is an important application in computers that need to be used in the classroom and education. There are various reasons why Microsoft Excel is important in Education but let’s look at the following reasons I think very important to consider:-

In Excel, students can do and learn the fastest way to do the calculation with accuracy

Microsoft Excel formulas, formatting options, and other data management and visualization tools can help students to perform complex mathematical, logical, and financial calculations faster with accuracy.

Microsoft Excel contains various educational and business tools and features. It means if students start learning and start working on Excel the earlier as possible then it will easier for them in the future to handle and understand the pattern of data and information when they join a computer or computer science degree or any organization. Today, Data management and visualization in business is the most important thing. In the future students will work in organizations and companies, in that they will find it comfortable to deal with data and information.

Microsoft Excel Tools such as conditional formatting, sorting, filters, use of chart and illustration in data visualization, use of pivot table, logical formulas such as SUMIF, IF, OR, NOT, AND and various other types of text-based options in Excel is really important for students to understand how economics works in our daily life. By using such a tool they will learn how to validate, consolidate, group, import, and explore data and information in a computer using Microsoft Excel faster with accuracy.

Related: Top 8 Most Productive Uses of Microsoft Excel in daily life

Microsoft Excel builds strong analytical thinking and skills

Microsoft Excel application explores productive creativity in students’ minds. Finance and economics is the most important part of our life. Later they have to work in companies, HR departments, they will run their own business and they have to manage their own daily life finance. Many business owners and people suffer in business due to bad finance or money management. Students will learn such things in Excel, so they can survive or grow above survival in business and career. That’s why Excel can help to build strong financial thinking by managing, performing business, and daily life financial calculation.

If students are strong in financial education before completing their academic education then it will be easier for them to get benefits from subjects like math, economics, and account in their life. And Microsoft Excel provides those tools and features for everyone. That’s the importance of Microsoft Excel for Students.

Teachers have to include Microsoft Excel in mathematical, financial, and economical topics practically. So, students can become stronger, powerful, and great in money management and spending habits. Such thing if students understand and perform a calculation on their money spending habits, savings then they can predict and visualize what type of results they will get in the future and what they can do if they are getting bad financial results.

This is about using data and information for predicting the future. And it was happening before Microsoft Excel. But today, Computer education or Microsoft Excel practical education is not optional but a necessity for every student around the world.

Students can learn how the calculation is performed

We all are seeing data and information in blogs, TV, newspapers, and books in visuals such as charts, graphs, diagrams, and reports. Such as Indian Gross Domestic production in which we can find the measurement of how goods and services are produced in the year 2016 – 2017 and what are the results. Students can practice on current Financial happening in India in Microsoft Excel. Similarly, the Government budget for 2017 and 2018. But do all students think about such things before bachelor’s degrees? I don’t think so.

But teaching theories or historical facts in Education not enabled us to grow faster and become successful business owners at the age of 30. The best method of teaching, I think will be when you include current incidents in education, which is happening in the country.

I am not against any historical facts and figures that are included in the books or study material. But what about that is happening currently. As a student, I want to learn about demonization from the teacher, I want to learn how the inflation rate affects our savings, FD, RD, etc. And I want to learn this from our teachers. Not from news channels. I don’t want to learn about it from marketers. I hope you got my point.

Explain Ms Excel

I only mean here, to include current happening in the studies. And using computer or internet technologies in a way so they can help us to create a better future for our students. And Microsoft Excel or computer education will speed up the process of development of students’ minds. I can be wrong, but it’s not ok, to be right when you are facing unemployment problems in our country. It means your education policies or processes are the weakest. It’s not the students’ fault, it’s a fault in the brain of policymakers.

It’s really important for schools and colleges’ to provide an appropriate environment, teaching tools, and learning tools for teachers and students.

Related: Online Basic Computer Courses & Learn Essential Computer Skills

Importance

Students can learn how data is visualized

For example, students are watching a cricket match on TV. They can see a vegan wheel of batsmen in which he/she scored 145 runs in 112 balls and in which he/she scored 83 runs in offside and 62 runs onside. Now we can trend our students how to perform the same calculation, how to visualize the same charts, diagram, or vegan wheel in Microsoft Excel. Another example is a bar chart, in which runs scored in each over is highlighted. Big bars for more scored runs and small bars for low scoring overs. Now students can do that and they can practice their Excel skills to visualize the data they are seeing. That’s the importance of Microsoft Excel for Students.

I don’t know but I think the software used to showcase and visualize cricket match data is not Excel might be something else. But the visualization basics are the same. Most of the mathematical data or logical data visualization tools or applications are creating after following Microsoft Excel. Financial application on the internet is innovation and the inspiration is Microsoft Excel.

For me, I always try to teach Microsoft Excel Examples, lessons and features, functions in a way so they create a direct or indirect connection in students’ and career. I am very much satisfied with my practices. And students learn Microsoft Excel very well. I also include their studied subjects they learned in school or colleges. For example, students pursuing B.Com or M.Com know or learned in their studies, how to create demand and supply curve, they learned how to predict the future based on data, how to calculate net profit. Then I teach the same things practically in Microsoft Excel. And it’s great for them. That’s the importance of Microsoft Excel for Students.

Microsoft Excel, Finance, and Economics are favorite subjects for me. I was not good at math in schools and I didn’t study that much. But today, I am realizing that such things are really important in our careers and life. And it is especially important and when you’re running or doing any kind of online and offline business.

That’s why, I sometimes force students, to focus, analyze, and calculate the cash transaction in visual formats in daily life. And the collect the data and information, after that analyze the visualizations (charts, diagrams, pivot tables, etc.) and filter that data, so it will create some meaningful information or knowledge. That’s the importance of Microsoft Excel for Students.

Related: Easiest Microsoft Excel Chart Exercise for Students

I think you got my point, sorry for any mistake or over wording.

In the end, I will say, that the above is nothing, but little basic things that are really important for students or everyone. Microsoft Excel is really a very very important application to teach, to include in classroom lectures and in the education systems and process.

It’s really important to convert facts into raw data. Then it’s important to filter or formulate that data and create meaningful information. After that, it’s really important to analyze and execute that information for knowledge. And knowledge purifies our mind, habits, culture, society, and country.

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Teachers use it when they need to need compare a student to their peers. So do entrepreneurs, when they’re considering which offering(s) to keep and which to retire. As do scientists, who want to figure out the homogeneity of a dataset.

What am I talking about? Microsoft Excel of course.

The three professions are among the 80 percent of job openings that require spreadsheet and word-processing software skills, according to a study conducted by Burning Glass. Yet so many people never even give Excel a chance because it has an intimidating stigma around it.

The bad news is “technological illiteracy, much less technophobia, is no longer a sustainable option for the modern worker. Effectively, entire segments of the U.S. economy are off-limits to people who don’t have basic digital skills.”

The good news? Well, there’s lots of good news actually. Keep reading, and you’ll learn why you need to add Excel to your resume.

Want to learn more?

Explain Ms Excel

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1. Excel is not just for making tables

When you were in school, maybe you used Excel to plug in a few number tables or add two cells together. However, Excel is so much more complex than that. For example, did you know that the program can do all of the following:

  • Organize data in an easy-to-navigate way
  • Do basic and complex mathematical functions so you don’t have to
  • Turn piles of data into helpful graphics and charts
  • Analyze data and make forecasting predictions
  • Create, build, and edit pixelated images (yes, creatives use it, too!)

Long story short? There’s a lot more to the program than you probably even realized, and there’s a use for it no matter what you do. It’s more about problem-solving in an organized manner than it is about rows of data, and this shift in perspective will allow you to think more critically about how Excel can help you.

2. Excel helps you get stuff done

“I don’t want to get through my work more efficiently,” said no professional ever.

Explain About Ms Excel

In addition to organizing data, Excel’s plethora of programs and functions are meant to save you time. Instead of adding up 127 columns of monthly expenses yourself, for example, Excel does the math for you, and you’ll know it’s correct.

By using Excel, you’ll save a ton of time at your job and/or in your personal life, and it’s guaranteed to be more accurate than something you could’ve done by hand. What’s not to love?

3. It will increase your salary

Did you know that Excel know-how can instantly increase your job prospects as well as your starting salary? Excel is a transferrable skill that any hiring manager understands is critical. That’s the beauty of knowing such a universal computer program: It gives you options.

But more importantly, let’s talk about the big bucks here.

Explain Macro In Ms-excel

Research shows that middle-skill job applicants who know Microsoft Excel make $22.66 per hour on average compared to the $20.14 per hour their peers make who don’t know the program. That’s roughly an extra $20 per eight-hour workday and $100 per work week, simply for knowing how to use a single computer program. Moreover, full-time employees in certain industries can see a starting salary bump of anywhere from $1,000 to $7,000 per year based on their Excel skills. That’s not chump change you can ignore.

4. Excel will make you better at your job (no matter what that is)

Explain Ms Excel Formulas

Investment bankers and accountants aren’t the only ones who rely on Excel; scientists, teachers, business owners, graphic designers, and so many other people turn to the program for help. Regardless of what you do in the office, chances are there’s some way for Excel to be helping you do your job better; it’s just a matter of figuring out what that is.

For instance, is there a better way you could be organizing your data? Could graphics allow you to better communicate your ideas? Do you just need a place to dump all of your brainstorm ideas? Turn to Excel next time instead of those random pieces of paper filled with your chicken scratch.

Even better, being great at Excel can make you the go-to person in the office; you never know when your boss or a colleague needs someone with some Excel know-how to work his or her magic, and that person could be you. Who doesn’t want that gold star?

And that’s why you should learn Excel

Excel may seem intimidating at first, but by just starting to use the program for basic tasks in your life, you’ll get a better feel for how it works and also how it can make everything you do so much easier.

Explain

All About Ms Excel

If you want to get started on a path to mastering Excel, then check out our 11 step guide.

Explain Ms Excel Formulas And Functions

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