The attached model is used as the baseline example for my How to Build an Excel Model series of posts. It has been designed to illustrate the key principles and concepts behind effective model building. If you plan to download the file, please read the series of posts here to gain further context: How to Build ...
The following post is the third in a series of posts about Excel Model Building. To review the previous posts on this topic, please click through the links below: Click here for Part 1 of this post, How to Build an Excel Model: Key Principles Click here for Part 2 of this post, How to Build an ...
When deciding between which vertical lookup formula to use, the majority of Excel experts agree that INDEX MATCH is a better formula than VLOOKUP. However, many people still resort to using VLOOKUP because it’s a simpler formula. One major driver of this problem is that most people still don’t fully understand the benefits of switching ...
The majority of people who are really good at Microsoft Excel will tell you that they gained their knowledge simply through experience. When I was a management consulting analyst, I’d frequently be given tasks that I thought were impossible with a spreadsheet; the process of coming up with an Excel solution was what really established ...