BUS234 Excel for The Advanced – Efficient Financial Management Models

The course focuses on the development and construction of models for use in common business operations. Examples are models for investment, product calculations, budgeting, cost allocation, HR-reporting.

Solid basic skills in Excel are required. Less emphasis is placed on pure Excel training, and more on the practical use of Excel to support everyday life as an economist or a controller, from data collection, processing to presentation

Thorough training is provided in look-up and reference formulas, use of offset() and indirect(), and processing of unstructured data by means of advanced structure of text formulas.

Furthermore, there will be specialization in the use of pivot tables for fast and precise data processing. We consider different types of graphs, and a combination of graphs and linking with dynamic images.

Knowledge

Student

• has broad knowledge of the structure of Excel

• is familiar with advanced methods for data structuring and processing

• has knowledge of the variety of possibilities in the tool

• has knowledge of the use of macros

Skills

Student

• can handle large amounts of data and turn it into understandable and manageable information

• can create models that can be updated periodically

• can make good presentations of data

• can efficiently handle external information into their own Excel models

• can use formulas effectively - focus on lookup formulas, text and logic

General competence

Student

• has insight into the process of turning data into information

• can plan and implement models for use in economic analysis

• can communicate findings from economic analysis in clear presentations and graphs