Analytical Tools for Managers II

Course Objectives:
● To understand the concept of advanced Excel
● To relate to the use of various functions in Excel
● To understand various Financial Functions
● To illustrate creation of Pivot tables in relevance to managerial purposes

Ref No. Unit 1 - What-If Analysis

1 ● Understanding What-If Analysis using examples
● Create Different Scenarios
● Goal Seek
● Data Table
○ One Variable Data Table
○ Two Variable Data Table
Concepts to be covered: 5 Why Analysis
Video Tutorial: The 5 Whys Explained - Root Cause Analysis

● Discussion: Understand the Root Cause Analysis

● Activity: Scenario based case studies (probability, goal & results) – Situations
like work not done on time, Escalations not handled well, etc,
Debrief: Understanding the importance Root Cause Analysis
Unit 2- Introduction to Pivot Table

2 ● Understanding Pivot Table

● Inserting a Pivot Table
● Elements in a Pivot Table
● Creating a PivotTable from a Data Range
● Building a PivotTable Report
● Creating Pivot Charts
● Grouping in Pivot Table
● Dashboards using PIVOT Table /Slicer/Timeline
● Advanced Features and Customization of Pivot table

Unit 3- VBA Macro

3  Recording a Macro
 Procedure and functions in VBA
 Variables in VBA
 Variable data types
 Else-if statement
 Defining select case statement
 Merge worksheet into macro
 merge multiple excel files into one sheet
 Split worksheet using VBA filters.

Unit 4-Introduction to Business Analytics

4 Concept of Business Analytics- Meaning, types and application of Business

Analytics, Use of Spread
Sheet to Analyze data-Descriptive analytics, Application of Excel and SPSS in
 Analytics, Excel Solver,
Solving ANOVA, correlation and regression numerical through Excel and
SPSS.

Unit 5:- Introduction to Lookup Functions

5 ● Understanding Lookup Functions
● CHOOSE Function
● Understanding of CHOOSE by using various examples
● VLOOKUP
● Understanding of VLOOKUP by using various examples
● Using VLOOKUP for Exact Matches
● HLOOKUP
● Understanding of HLOOKUP by using various examples
● VLOOKUP special conditions and Variations
● INDEX and MATCH Function
● Understanding of INDEX and MATCH by using various examples
● Introduction to XLOOKUP