Excel Shortcuts and Tricks for Advanced Financial Analytics

As an essential tool in financial analytics, Excel offers a wide range of features to analyze data, create reports, and more. However, Excel can be overwhelming for beginners and even for experienced users. In this article, we will walk you through some essential Excel shortcuts and tricks for advanced financial analytics.


 Basic Excel Functions for Financial Analytics

To get started with financial analytics, you need to master the basic Excel functions. Here are some basic Excel functions for financial analytics:

 SUM and AVERAGE formulas

The SUM and AVERAGE formulas are the most commonly used functions in Excel for financial analytics.


VLOOKUP and HLOOKUP enable you to find values in a table by looking up a specific column or row.

 IF and nested IFs

The IF and nested IF functions help you to simplify your work by automating decision making.

ROUND and ROUNDUP formula

The ROUND and ROUNDUP formulas enable you to round numbers to a specific number of decimal places.

COUNT and COUNTA formulas

The COUNT and COUNTA formulas enable you to count the number of cells that contain numbers or data.


Advanced Excel Tricks for Financial Analytics

Once you have mastered the basic functions, you can move on to advanced Excel tricks. Here are some advanced Excel tricks for financial analytics:

 Pivot Tables

Pivot Tables can help you summarize large amounts of data and analyze it in a straightforward format. Here is how to create and modify Pivot Tables.


Macros can help you automate repetitive tasks in Excel. Here is an explanation of Macros, how to record them, and how to assign Macros to buttons.

 Conditional Formatting

Conditional Formatting enables you to highlight cells that meet specific criteria. Here is an overview of Conditional Formatting and how to Format Cells, Rows, and Columns.


Excel Shortcuts for Financial Analytics

Excel shortcuts can save you time, and they are essential to master for financial analytics. Here are some essential Excel shortcuts for financial analytics:

 Navigation shortcuts

Navigation shortcuts enable you to move to different cells quickly.

 Formula shortcuts

Formula shortcuts enable you to create formulas quickly.

 Window shortcuts

Window shortcuts enable you to switch between open workbooks or split the window.

 Selecting shortcuts

Selecting shortcuts enable you to select cells quickly.

 Function shortcuts

Function shortcuts enable you to access specific functions quickly.


Tips to Customize Excel for Financial Analytics

Customizing Excel can improve your workflow and save you time. Here are some tips to customize Excel for financial analytics:

 Customizing the ribbon

Customizing the ribbon will help you to access specific features quickly.

 Customizing Quick Access Toolbar

Customizing Quick Access Toolbar enables you to add frequently used features.

 Customizing conditional formatting

Customizing conditional formatting will help you highlight cells based on specific criteria.

Adding a slicer

Adding a slicer will help you to filter your data.



Q. What are some good resources to learn Excel shortcuts?

Answer: Some good resources to learn Excel shortcuts are Excel Easy, Excel Jet, and Excel Campus.

Q. How do I record a Macro in Excel?

Answer: To record a Macro in Excel, you can go to the Developer tab, click Record Macro, and follow the prompts.

Q. What is the difference between VLOOKUP and HLOOKUP?

Answer: VLOOKUP looks up a value in the left-most column of a table, while HLOOKUP looks up a value in the top row of a table.

Q. How do I add or remove a slicer in Excel?

Answer: To add a slicer, you can select a PivotTable, go to the Options tab, and select “Insert Slicer.” To remove a slicer, you can select the slicer and press delete.

Q. What is a Pivot Table?

Answer: A Pivot Table is a tool in Excel that enables you to summarize and analyze large amounts of data.

Q. How do I count cells that match specific criteria?

Answer: You can use the COUNTIF function to count cells that match specific criteria.

Q. How do I customize conditional formatting in Excel?

Answer: To customize conditional formatting, you can select the cells you want to format, go to the Home tab, and select “Conditional Formatting.”



In this article, we covered some essential Excel shortcuts and tricks for advanced financial analytics. We hope this article has helped you to improve your workflow and save time. Start practicing and using these shortcuts and tricks, and you will become an Excel power user in no time!

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