Excel: Unleash the Power of Smart Formulas
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Speaker : BOB UMLAS
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When : Monday, March 17, 2025
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Time : 01 : 00 PM EST
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Bob Umlas worked for a major tax and accounting firm, using Microsoft Excel® 8 hours a day, writing custom applications for staff and clients from 1998 to 2018.
He has been using Excel since 1986 - version 0.99 (on the Macintosh)! He was a contributing editor to Inside Microsoft Excel for many years, a magazine devoted exclusively to Microsoft Excel and published by The Cobb Group and later Ziff-Davis. At the time, most issues contain either an article by Mr. Umlas on using VBA (Visual Basic for Applications) or some tip or technique from him on using Excel. He has had more than 300 articles published on subjects ranging from beginner to advanced macros, and on tips, shortcuts, and general techniques using virtually all aspects of Excel.
Mr. Umlas was voted an “MVP” (Most Valuable Professional) by Microsoft each year from 1994-2018 (25 years!) for his contributions to the various online Forums about Excel and is known world-wide for his contributions in Excel. As an MVP, he met yearly with his fellow-MVPs at Microsoft’s headquarters in Redmond, where he had access to the product developers. He has been a beta tester for new versions of Excel since version 1.5, and was asked by Microsoft for his input for newer versions of Excel. In 1995 he led a session called "Maximizing Excel Development Using Array Formulas" at Microsoft's Tech Ed Conference in New Orleans, and he led a session called Tips and Tricks at a Microsoft convention in New York City. He has hosted London’s Global Excel Summit each year since 2021, and in person in 2024, as well as led a session on tips and tricks. He also led a session on tips and tricks at the Las Vegas’ Financial Modeling World Championship in December, 2023. He has led online sessions all over the world including Africa, India, England, Canada and of course, the USA.
He is also the author of “This isn’t Excel, it’s Magic!” which is available from http://www.iil.com/publishing as well as from Amazon.com. Another book, “Excel Outside the Box” is available from http://www.mrexcel.com and is for the very advanced Excel user. Another book, “More Excel Outside the Box” is also available from mrexcel.com. One more, “Cool Excel Sh*t” is more tips & tricks. Lastly, published for Kindle, is “Excel Preschool: Understanding Microsoft Excel, finally!” – a book for the very beginner!
He is also the technical editor of many of Bill Jelen’s books.
Mr. Umlas used to co-lead the New York PC User's group on Excel every month for about 20 years. He started leading this group again in 2018. He has been teaching Excel to individuals and corporations for several years.
At the completion of the 2013 world Excel Modeloff competition on 12/8/13, this was noted (see the last sentence): “The winners were announced at Microsoft’s Manhattan offices Sunday afternoon. Four teams of finalists competed in four rounds of Excel Golf, trying to get the shortest formula to solve four particular problems. The Australia/New Zealand team won this event, sharing a $4000 prize. I’ll note that Excel MVP Bob Umlas was in the audience and twice offered formulas that were shorter than the winning formula”
A Webinar session on Excel's powerful formulas provides a structured and interactive learning experience designed to enhance participants' efficiency and confidence in working with data. The session begins with a brief introduction, where the instructor outlines the objectives, emphasizing the importance of mastering formulas for automating tasks, analyzing data, and solving real-world problems.
The first part of the session would focus on foundational formulas. The instructor would demonstrate essential functions like SUM, AVERAGE, MIN, MAX, and COUNT, ensuring all attendees have a solid grasp of basic calculations. Logical functions such as IF, AND, and OR would also be introduced to show how conditional operations can be used to evaluate data and make decisions automatically. Participants would follow along with sample datasets provided at the start of the session, reinforcing their understanding through guided practice.
Once the foundational concepts are covered, the seminar would progress to intermediate formulas. Here, the focus would shift to lookup and reference functions, including VLOOKUP, HLOOKUP, and INDEX-MATCH. These functions are invaluable for retrieving specific information from large datasets and are widely used in various professional contexts. The instructor would explain each formula step by step, illustrating its application with relatable examples, such as reconciling inventory lists or summarizing sales data. Participants would be encouraged to work through provided exercises to practice creating and using these formulas themselves.
The session would also introduce text manipulation formulas like CONCATENATE (or TEXTJOIN in newer Excel versions), LEFT, RIGHT, MID, and TRIM. These are essential for cleaning and organizing text data, particularly when dealing with inconsistent formatting or merging multiple datasets. Attendees would learn practical tips for combining and extracting information efficiently, ensuring their datasets are clean and ready for analysis.
For advanced users, the seminar might cover more sophisticated tools such as dynamic array formulas, and the powerful XLOOKUP function available in recent versions of Excel. Participants would explore scenarios where these functions outperform traditional methods, making complex tasks more straightforward and adaptable to changing data. Examples might include dynamic data validation, automated summary tables, or conditional aggregations. Also included is a discussion of functions such as SORT, FILTER, WRAPROWS, LET, TOCOLS, etc.
The instructor will also showcase time-saving tips, such as using named ranges, leveraging shortcuts, and combining formulas for more complex tasks.
By the end of the session, participants would not only understand how to use powerful Excel formulas but also feel confident applying them to solve practical problems efficiently. They would leave equippedwith valuable skills to manage and analyze data effectively, giving them a competitive edge in their professional and personal projects.
Areas Covered
- Introduction to Formulas
- Understanding cell references (relative, absolute, and mixed)
- Basic syntax of Excel formulas - Common Arithmetic and Basic Functions
- Addition, subtraction, multiplication, and division formulas
- SUM, AVERAGE, MIN, MAX functions - Logical Functions
- IF, AND, OR, and NOT
- Nested IF statements - Text Functions
- CONCAT, TEXT, LEFT, RIGHT, MID
- TRIM, LEN, FIND, SEARCH - Lookup and Reference Functions
- VLOOKUP, HLOOKUP, XLOOKUP
- INDEX and MATCH
- XMATCH
- INDIRECT and OFFSET - Date and Time Functions
- TODAY, NOW, DATE, TIME
- YEAR, MONTH, DAY, WEEKDAY, EDATE, EOMONTH - Math and Statistical Functions
- ROUND, ROUNDUP, ROUNDDOWN
- COUNT, COUNTA, COUNTIF, COUNTIFS
- SUMIF, SUMIFS - Error Handling Functions
- IFERROR, ISERROR, ISNA - Dynamic Array Functions
- Introduction to dynamic arrays and spill ranges
- UNIQUE: Extracting distinct values from a list
- SORT: Sorting data dynamically
- SORTBY: Sorting based on custom criteria
- FILTER: Extracting data that meets specific criteria
- SEQUENCE: Creating sequential number arrays
- RANDARRAY: Generating random numbers in a range
- TRANSPOSE: Converting rows to columns and vice versa
- WRAPROWS, WRAPCOLS
- TOCOL
- LET
Who Should Attend
Anyone using Excel
Why Should You Attend
Attending a seminar on Excel's powerful formulas is an invaluable opportunity to enhance productivity, streamline data management, and unlock the full potential of this versatile tool. By mastering formulas like XLOOKUP, IF statements, and INDEX-MATCH, participants can automate repetitive tasks, perform complex calculations, and analyze data with greater accuracy and efficiency. These skills not only save time but also empower better decision-making and increase confidence in handling large data sets. Additionally, the seminar offers training in the newer Dynamic Array formulas which greatly streamline other formulas.
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$160.00
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