This course is presented in four parts.

First, the course relates earlier course of Top 5 Excel Skills to drive the concept home: Dynamic formulas are your “first” step toward full automation in Excel Modeling!

Second, the course brings the topic of what is a dynamic formula and let students consider if VLOOKUP() is a dynamic formula? It is only a semi-dynamic formula.

Third, we illustrate the top 10 dynamic formulas, including:

  • Dynamic range formula
  • Table formula
  • Conditional formula
  • SUMPRODUCT()
  • INDIRECT/ADDRESS
  • Array formula

Last, the course explores latest features from Excel 365 that are considered by many to be amazing. They include:

  • SORT()
  • XLOOKUP()

Course Key Concepts: Dynamic formulas, Array formulas, Dynamic array formulas, Absolute reference, Relative reference, Spill range.

The course relates Excel Magic courses series. 'Building Dynamic formulas' is the “first” step toward full automation in Excel Modeling.

Learning Objectives
  • Discover and understand the difference between a simple formula and a dynamic formula.
  • Identify 2 elements to make a dynamic formula.
  • Recognize top 10 dynamic formulas covered in this course.
  • Discover 3 advanced dynamic formulas that make Excel modeling super easy.
  • Explore new features on dynamic array formulas that Excel 365 brings.
Last updated/reviewed: August 17, 2023
21 Reviews (63 ratings)

Reviews

5
Anonymous Author
This was excellent. I consider myself to be pretty adept at excel. I've had challenges understanding, indirect, index/match and sumproduct. The program spelled them out in a way that made it logical and very applicable for future use. I also liked the tips on summing among different tabs. This was a very practical course.
4
Anonymous Author
Good course overall, I definitely learned things. I feel like the same amount of time was given to some of the simpler things as was to the harder ones, though. For example, indirect/address seemed to go really fast. You could almost have a course on each of those later ones. Good job though.
5
Member's Profile
This course was very thorough in teaching someone how to not only understand the underlying principles of commonly used and more complex formulas, but also a lesson in how to construct a workbook so that less manual manipulation and user error occurs.
5
Anonymous Author
Instructor did a great job walking through the material. When the advanced formulas were covered, these a little difficult to for me to follow. I expect to go back and review those sections, but this was not the fault of the instructor.
5
Member's Profile
I consider myself an excel power user and I found some new things in this. The only thing that bothered me was the use of CountA vs count which I think would reduce the risk of errors when he was showing the offset formula.
5
Anonymous Author
I have developed my excel via Lee presentations. He is an extraordinary and i know once i repeat 3 to 4 times its becomes by own. Soon these courses will transform me to supersonic in excel
5
Anonymous Author
Lenny Wu does a great job explaining more complex formulas. This course provides a lot of great tips as well as good explanations of complex formulas like Offset. I enjoy his courses.
5
Anonymous Author
I am an advanced Excel user, but there is always something to learn. Lenny does a great job in explaining these more advanced features in Excel.
5
Member's Profile
Glad to have found this series of courses. The presentation is both detailed and easy to understand. Will be completing more of these courses.
5
Anonymous Author
Some good tips for quicker formulas to use. Good intermediate suggestions and principles for how not to use formulas that only work one time.
5
Member's Profile
I love all the examples. It really brings the formulas to life and helps me see how I can implement them in my work life. Thank you!
5
Member's Profile
Great Excel Instructor, whit good slides and nice size videos that allow you to replayy when you want to refresh your memory.
5
Member's Profile
I liked the course. I enjoyed the offset part that I think could be useful in making YTD formulas more automated.. Thanks
5
Anonymous Author
Really easy to understand and follow the examples and the practice sheets. Had to pause quite often to verify my formulas
5
Member's Profile
Two exam questions were super confusing. Not well written. #2 and #4, other than that, was an excellent course
5
Member's Profile
Well explained from Basics to Advanced with Excel365 new functions. Practical and relevant course.
5
Anonymous Author
Great tools for Excel 365, even though I don't have, will look into getting it.
5
Anonymous Author
A great course for in-depth Excel formulas. The instructor is great as well.
5
Member's Profile
This is a really useful course - essential for all who regularly use excel.
5
Anonymous Author
Excellent information presented in this course. The pace was great.
5
Anonymous Author
Very informative and useful in my job. Lenny is an Excel wizard
show all reviews
Prerequisites
Course Complexity: Foundational
Basic Excel knowledge; Example: be able to open one Excel file and connect to external data files, etc.
It is recommended to take other Excel Magic series courses by Lenny Wu.
Excel Magic 1: Building Dynamic Formulas
Excel Magic 2: Building Your Report Generation "Bot"
Excel Magic 3: Automating Data Entry with Data Feeds
Excel Magic 4: Ultimate API Reporting in Excel
Excel Magic 5: Building Interactive Budgeting Model in Excel
Excel Magic 6: Excel's 7 Languages
Excel Magic 7: Creating Excel Charts like a PRO
Excel Magic 8: Transforming a Pro-forma into a Dashboard
Excel Magic 9: Building a Project Tracking “Gantt” Chart

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
  Course Overview CPE
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to Excel Magic: Building Dynamic Formulas0:27
  Recap of Prior Excel Course: Top Five Excel Skills0:40
  Hierarchy of Excel Modeling Techniques1:55
  Instructor Introduction 1:13
  Comparison with Other Similar Courses1:28
  What You Will Get from This Course0:38
Dynamic Formulas - Basic
  Introduction to Dynamic Formulas2:30
  References: Absolute vs relative reference4:26
  Conditional formulas: IF()3:10
  Table formula3:20
Dynamic Formulas - Intermediate
  Lookup formula: INDEX/MATCH4:46
  Lookup and sum formulas: SUMPRODUCT/SUMIF/SUMIFS3:43
  Multi-tab formula: SUM(START:END!)4:29
  Link to Pivot Table formula: GETPIVOTDATA()4:00
Dynamic Formulas - Advanced
  Parameterized formulas: INDIRECT/ADDRESS7:13
  Dynamic range formula: OFFSET9:22
  Array formulas3:54
New Feature – Excel 365: Dynamic Array formulas
  Dynamic Array Formulas (Excel 365): SORT4:12
  Dynamic Array Formulas (Excel 365): XLOOKUP3:55
  Dynamic Array Formulas (Excel 365): Spill Range1:58
Conclusion
  Takeaways1:20
  New Course and Q & A0:28
CONTINUOUS PLAY
  Excel Magic: Building Dynamic Formulas1:09:03
SUPPORTING MATERIAL
  Slides: Excel Magic: Building Dynamic FormulasPDF
  Excel Magic: Building Dynamic Formulas Glossary/ IndexPDF
  Workbook: Excel Magic: Building Dynamic FormulasXLSM
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam