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1 Excel Functions

This document outlines 50 essential Excel functions categorized into arithmetic, logical, lookup, text, date and time, and error functions, along with productivity tips. It emphasizes the importance of these functions for data analysis and operational efficiency in various fields. The conclusion highlights the benefits of mastering these functions and staying informed about new Excel features.

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4 views2 pages

1 Excel Functions

This document outlines 50 essential Excel functions categorized into arithmetic, logical, lookup, text, date and time, and error functions, along with productivity tips. It emphasizes the importance of these functions for data analysis and operational efficiency in various fields. The conclusion highlights the benefits of mastering these functions and staying informed about new Excel features.

Uploaded by

citor80930
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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50 Essential Excel Functions for Students and Professionals

1. Introduction
Microsoft Excel is a foundational tool in data analysis, financial modelling, operations management, and
academic work. This report provides a comprehensive overview of 50 essential functions, grouped into
categories, with examples of real-world application.

2. Arithmetic and Statistical Functions


These core functions support quick summaries and large-scale analysis.

• SUM(range): Adds all numbers in a range.

• AVERAGE(range): Calculates the mean of numbers.

• MIN(range) / MAX(range): Finds the smallest or largest value.

• COUNT(range) / COUNTA(range): Counts numeric or non-empty cells.

• ROUND(number, num_digits): Rounds a number to specified decimals.

• MEDIAN(range): Returns the middle number in a dataset.

3. Logical Functions
Logical functions allow automation of decision paths within formulas.

• IF(logical_test, value_if_true, value_if_false)

• AND(condition1, condition2, ...)

• OR(condition1, condition2, ...)

• IFERROR(expression, fallback)

• IFS(condition1, value1, condition2, value2, ...)

4. Lookup and Reference Functions


Lookup and reference functions are essential when working across tables.

• VLOOKUP(lookup_value, table, col_index, [approximate])

• XLOOKUP(lookup_value, lookup_array, return_array, [if_not_found])

• INDEX(array, row_num, [column_num]) + MATCH(lookup_value, lookup_array, [match_type])

• INDIRECT(ref_text): Dynamically refers to a cell reference.

5. Text Functions
Text functions help clean and manipulate string data.

• LEFT(text, num_chars) / RIGHT(text, num_chars)


• MID(text, start_num, num_chars)

• TEXTJOIN(delimiter, ignore_empty, text1, ...)

• SUBSTITUTE(text, old, new)

• TRIM(text) / CLEAN(text)

6. Date and Time Functions


Date and time functions are crucial for scheduling and timelines.

• TODAY() / NOW(): Current date or timestamp

• DATE(year, month, day) / YEAR(cell) / MONTH(cell) / DAY(cell)

• NETWORKDAYS(start, end): Working days between dates

• EOMONTH(start, months): End-of-month calculator

• DATEDIF(start_date, end_date, unit): Difference in units

7. Error and Information Functions


Error handling functions improve model robustness.

• ISNUMBER(value) / ISTEXT(value) / ISBLANK(value)

• ISERROR(value) / IFERROR(value, alternate)

• ERROR.TYPE(error)

8. Productivity Tips & Shortcuts


Enhance efficiency with these practices:

• Use named ranges for clarity

• Combine formulas with data validation

• Ctrl+Shift+Arrow to select data blocks

• Conditional formatting for dynamic visuals

9. Conclusion
Mastering these functions unlocks productivity and analytical power. Stay updated with new Excel
capabilities like dynamic arrays, LAMBDA, and LET functions.

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