Instructor for this course
more

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 Concept: 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: Aug 30, 2020

Prerequisites

Course Complexity: Foundational
Basic Excel knowledge; Example: be able to open one Excel file and connect to external data files, etc. However it is recommended to take other Excel Magic courses by Lenny Wu.
Excel Magic 2: Building Your Own Report Generating “Bot”

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 .
Course Syllabus
INTRODUCTION AND OVERVIEW
  0:27Introduction to Excel Magic: Building Dynamic Formulas
  0:40Recap of Prior Excel Course: Top Five Excel Skills
  1:55Hierarchy of Excel Modeling Techniques
  1:13Instructor Introduction
  1:28Comparison with Other Similar Courses
  0:38What You Will Get from This Course
Dynamic Formulas - Basic
  2:30Introduction to Dynamic Formulas
  4:26References: Absolute vs relative reference
  3:10Conditional formulas: IF()
  3:20Table formula
Dynamic Formulas - Intermediate
  4:46Lookup formula: INDEX/MATCH
  3:43Lookup and sum formulas: SUMPRODUCT/SUMIF/SUMIFS
  4:29Multi-tab formula: SUM(START:END!)
  4:00Link to Pivot Table formula: GETPIVOTDATA()
Dynamic Formulas - Advanced
  7:13Parameterized formulas: INDIRECT/ADDRESS
  9:22Dynamic range formula: OFFSET
  3:54Array formulas
New Feature – Excel 365: Dynamic Array formulas
  4:12Dynamic Array Formulas (Excel 365): SORT
  3:55Dynamic Array Formulas (Excel 365): XLOOKUP
  1:58Dynamic Array Formulas (Excel 365): Spill Range
Conclusion
  1:20Takeaways
  0:28New Course and Q & A
CONTINUOUS PLAY
  1:09:03Excel Magic: Building Dynamic Formulas
SUPPORTING MATERIAL
  PDFSlides: Excel Magic: Building Dynamic Formulas
  PDFExcel Magic: Building Dynamic Formulas Glossary/ Index
  XLSMWorkbook: Excel Magic: Building Dynamic Formulas
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM