Advanced Excel Formulas and Functions

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Common Excel Interview Questions For Data Analyst Role

Here is a list of Advanced Excel Formulas and Functions:

  1. Array Formulas: Perform multiple calculations with a single formula, like SUMPRODUCT and TRANSPOSE.
  2. LOOKUP Functions: Use VLOOKUP, HLOOKUP, INDEX, MATCH, and XLOOKUP for efficient data retrieval.
  3. Financial Functions: Analyze finances with NPV, IRR, PMT, PV, FV, and RATE functions.
  4. Logical Functions: Apply IF, AND, OR, nested IF, IFERROR, and IFS for decision-making.
  5. Text Functions: Manipulate text with CONCATENATE, LEFT, RIGHT, MID, TEXT, TRIM, SUBSTITUTE, FIND.
  6. Date and Time Functions: Work with dates and times using DATE, EDATE, TODAY, DATEDIF, NETWORKDAYS.
  7. Statistical Functions: Analyze data using AVERAGEIF, MEDIAN, MODE, STDEV.P, COUNTIF, SUMIF, FORECAST.
  8. PivotTables and PivotCharts: Summarize and visualize data with PivotTables, PivotCharts, slicers, timelines.
  9. Data Validation and Conditional Formatting: Control data entry and highlight trends with validation, formatting.
  10. What-If Analysis Tools: Use Goal Seek, Scenario Manager, Data Tables, Solver for scenario analysis.
  11. Dynamic Array Functions: Automate tasks with SORT, FILTER, UNIQUE, SEQUENCE for dynamic arrays.
  12. Power Query: Connect, clean, and shape data from various sources for analysis.
  13. Power Pivot and DAX: Create advanced models with Power Pivot, DAX for complex calculations.
  14. Matrix Operations: Solve matrix problems using MMULT, MINVERSE, TRANSPOSE for complex calculations.
  15. Lookup and Reference Functions: Use OFFSET, INDIRECT, ADDRESS, CHOOSE, HYPERLINK for dynamic references.