What you will learn in Introduction to Spreadsheets and Models Course
Spreadsheet Fundamentals: Understand the history and basic capabilities of spreadsheets, and how they can be used to create models.
Data Types and Functions: Learn about different types of data used in spreadsheets, spreadsheet notations for mathematical operations, common built-in formulas and functions, conditional expressions, relative and absolute references, and how to identify and correct circular references.
Modeling Techniques: Discover how to structure a spreadsheet to model variables, objectives, and objective functions.
Sensitivity Analysis: Learn about what-if analysis and sensitivity analysis to evaluate how changes in assumptions affect outcomes.
Optimization: Understand the basics of linear programming and how to use Excel’s Solver to optimize resources to reach a desired outcome.
Program Overview
Spreadsheets: A Tool for Thinking with Numbers
⏳ 1 hour
Introduction to the history and basic capabilities of spreadsheets.
Understanding different types of data and spreadsheet notations.
Learning common built-in formulas and functions.
Using conditional expressions and understanding relative and absolute references.
Identifying and correcting common errors in spreadsheets.
From Spreadsheet to Model
⏳ 1 hour
Structuring a spreadsheet to model variables, objectives, and objective functions.
Constructing simple cashflow models.
Conducting what-if analysis and sensitivity analysis.
Understanding the limitations of simple, deterministic models.
Addressing Uncertainty and Probability in Models
⏳ 1 hour
Understanding random variables and probability distributions.
Applying power, exponential, and logarithmic functions in model formulas.
Creating probability trees and decision trees.
Using regression tools to make predictions.
Simulation and Optimization
⏳ 1 hour
Implementing Monte Carlo simulations in spreadsheets.
Using linear programming for optimization.
Utilizing Excel’s Solver to optimize resources.
Identifying the similarities and differences between Excel and Sheets
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Job Outlook
Proficiency in spreadsheet modeling is valuable for roles such as Financial Analyst, Business Analyst, Operations Manager, and Data Analyst.
Skills acquired in this course are applicable across various industries, including finance, consulting, marketing, and operations.
Completing this course can enhance your qualifications for positions that require analytical thinking and data-driven decision-making.
Specification: Introduction to Spreadsheets and Models
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FAQs
- The course is designed for beginners with little or no prior spreadsheet experience.
- Basic computer literacy is sufficient to get started.
- Step-by-step tutorials guide learners through formulas, functions, and modeling.
- Practice exercises help learners build confidence in using spreadsheets effectively.
- Introduces building simple financial, budgeting, and forecasting models.
- Covers key spreadsheet functions and formulas used in business analysis.
- Helps learners structure data and create dynamic, interactive models.
- Advanced real-world modeling may require additional practice or specialized courses.
- Primarily focuses on Microsoft Excel, but concepts apply to Google Sheets or similar tools.
- No prior knowledge of Excel is required; step-by-step guidance is provided.
- Exercises can be completed on any spreadsheet platform with standard functions.
- Learning transferable skills ensures applicability across multiple software environments.
- Uses basic arithmetic, percentages, averages, and simple formulas.
- Introduces logical functions, lookup functions, and simple financial calculations.
- High school-level math is sufficient to follow all modules.
- Emphasizes practical application rather than advanced mathematical theory.
- Teaches organizing, analyzing, and presenting data efficiently.
- Helps automate repetitive tasks using formulas and functions.
- Useful for reporting, budgeting, and data-driven decision-making in professional settings.
- Builds a foundation for advanced Excel or business modeling courses for career growth.
