What is the Importance of MS Excel?

LearnVern
3 min readJan 11, 2021

Microsoft Excel is a spreadsheet programme that was developed by Microsoft in 1985. The purpose of developing MS Excel was to help businesses compile their data to keep a tab on their debits and credits. However, with time, MS Excel has emerged as a reliable tool that people use to manage information in both their professional and personal lives. As a result, several institutes are now offering MS Excel courses to help students learn about this programme — which can be of great use in both their professional and personal lives.

What Makes MS Excel So Important?

Along the years, MS Excel has come a long way from the purpose it was originally designed to meet. Today, MS Excel is a mandatory skill that professionals must have. Hence, MS Excel tutorials are available both online and offline for learners.

Here are some of the most popular uses of MS Excel to help you understand its importance:

Easy Calculations

One of the most popular uses of MS Excel is for calculations and arithmetic. MS Excel makes it easier for a professional to crunch data and cull out information relevant to the business in a matter of seconds. The programme offers different formulae that make calculations easy and quick. An online free Excel course will take you through all the fundamentals and features of the programme to give you the skills of a professional.

Accounting

MS Excel was originally designed to meet the accounting needs of businesses. Today, MS Excel is the first choice for most accounting professionals to document and analyse data. From budget plans to financial reports and forecasts to loan calculators, MS Excel makes all these activities easily manageable. If you have been using MS Excel for your accounting and calculations, you might be interested in the advanced Excel tutorial. The advanced tutorial will help you use more advanced features in MS Excel that can make your functions on Excel a cakewalk!

Analysis of Data

Charts are a great way to present data and its derivations. MS Excel offers the convenience of culling out data and presenting it in different forms of charts. These charts are available in different formats — pie, bar charts, scatter and line charts, area charts, etc. Depending on the nature of the information, a user can pick out a chart of his choice from the catalogue. You can easily learn Excel online on popular e-learning portals.

Tracking of Inventory

Keeping a track of the inventory is no easy task. However, with MS Excel, keeping a track of the inventory and managing it can become extremely easy. With timely entries into the spreadsheet and close analysis, you can stay on top of your inventory at all times.

Personal Budgets & Money Management

The biggest advantage that MS Excel offers is that it is organized and structured. For this reason, several people use the MS Excel programme to prepare their domestic budgets and manage money. If you want to prepare a budget on MS Excel, enroll for the MS Excel course today!

Making and Designing Plans

From a marketing plan to a content calendar, MS Excel can serve as a great platform for developing and designing plans. MS Excel offers the freedom of organizing data in a manner which is visually appealing and structured.

So where can you learn MS Excel? You can look at a quick Google search to find institutes near you offering MS Excel course. Or else, you can look for reputed and popular e-learning portals to take an online free excel course! MS Excel is a mandatory skill that a professional must have. So what are you waiting for? Enroll today!

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