6 Advanced Excel Skills to look for
There are a lot of things you can do with Excel — but the following six skills are the ones that separate the real experts from the rest. Familiarizing yourself with these skills will help you determine which ones your ideal candidates should have. Then you can choose the right interview questions and Excel proficiency tests to be sure your candidates have what it takes to get the job done.
1. VLOOKUP
VLOOKUP (vertical lookup) is a function to look up a value in a table and retrieve data from a specific column. Basically, it retrieves data in a table vertically using a lookup value.
2. INDEX MATCH
The INDEX MATCH combination is made up of two Excel functions — INDEX and MATCH. The former returns the value of a cell at a given location in a list or table. The latter returns the position of a cell in a row or column.
3. Advanced conditional formatting
Conditional formatting is a great way to design a spreadsheet as it gives a user a quick way to add a visual analysis layer to a data set. It can also be used to create advanced tools like heat maps and Harvey bubbles. A heat map is a representation of data with values represented as colors, usually a warm-to-cool color spectrum, to show which values are larger or smaller than the others.
4. Pivot tables and reporting
A pivot table is a powerful Excel feature used in creating reports of large data sets. In a sense, a pivot table is like an ordinary report table with one vital difference — you can look at the same data from different perspectives.
5. Macros and VBA
A macro is a small computer program that will do an action or a set of actions once turned on. Macros are written using VBA (Visual Basic for Applications) language stored in modules. Using a macro needs a deep understanding of VBA.
6. Data simulations
A simulation usually entails making a mathematical model that will represent the characteristics of a system. While there are specialized software programs today for simulations, someone with advanced skills can use Excel tools for simulation.
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