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Using Financial and Statistical Functions in Microsoft Excel

365 | 2019 | 2016
3 Hours

Course Overview

This instructor-led course, through lecture and hands-on exploration, will introduce you to a variety of financial and statistical functions. You will also learn how to use the Scenario, Subtotal and Outline features. It is geared for users who have experience with Microsoft Excel and need to learn these more intermediate/advanced functions.

Course Objectives

  • Use a variety of financial functions: PV, FV, PMT, RATE, EFFECT and NOMINAL
  • Use a variety of statistical functions: COUNT, COUNTA, COUNTBLANK, COUNTIF, MODE, MEDIAN, STDEV and VAR
  • Perform a What-If Analysis using Scenarios on a range of data
  • Use the Subtotal and Outline features to quickly group and view details, subtotals, or grand totals

Course Outline

Using Financial Functions

  • Understanding Basic Financial Terms
  • Understanding Excel’s Financial Syntax Components
  • Using PV to Calculate Present Value
  • Using FV to Calculate Future Value
  • Using PMT to Calculate Payments
  • Using RATE to Calculate Interest Rate
  • Comparing EFFECT and 
    NOMINAL Functions
  • Creating Named Ranges from Selections

Using Statistical Functions

  • Using the COUNT Function to Count a List of Numbers
  • Using the COUNTA Function to Count Non-Empty Cells
  • Using the COUNTBLANK Function to Count the Blank Cells
  • Using the COUNTIF Function to Count Based on a Criteria
  • Using the COUNTIFS Function to Count Based on Multiple Conditions
  • Understanding the AVERAGE and MEDIAN Functions
  • Using the MODE Function to Find the Most Common Cell
  • Using the STDEV Function in Excel
  • Using the VAR Function to Determine the Variance

Using Data Analysis Tools

  • Creating Scenarios to Perform What-if Analysis
  • Showing Scenarios
  • Editing Scenarios
  • Summarizing Scenarios
  • Using the SUBTOTAL Feature
  • Outlining Worksheets
  • Creating Manual Outlines
  • Showing or Hiding Details
  • Ungrouping Columns and Rows
  • Clearing Outlines
  • Creating Automatic Outlines


Cost and Delivery Format Options

We offer the above listed class as a private group class in the following delivery formats. Any two 3-hour Microsoft classes must be scheduled on the same day to receive pricing (9:00 am to 12:00 pm and 1:00 pm to 4:00 pm).

Private Group Class: Live Virtual
1-4 students $850
5-8 students $1000
9-12 students* $1100
*$35 per additional student
Private Group Class: At Your Location or Softek
1-4 students $1000
5-8 students $1150
9-12 students* $1250
*$35 per additional student

Private Group Training

Private group classes are cost effective when you have a group of students who need the same course. Volume discounts of 5% to 20% are available when five or more training days are scheduled. For classes conducted at your location, you are responsible for the classroom setup which should include:

  • A computer for each student (with the appropriate software installed), and
  • An instructor workstation connected to a visual display (e.g., projector, smartboard, etc.).


Softek can easily customize a training course that covers the specific topics you require and integrate examples relevant to your work environment. Course customization is billed at $125 per hour and covers time needed to meet, discuss, prepare, and incorporate any specific examples into the training program. Once we have a better idea of what you have in mind, we will be glad to provide a specific price quote for the customization. There is a 2-hour minimum fee for customization.

Why Choose Softek?

  • Live, virtual or in-person training
  • Instructors with 15+ years of experience
  • Detailed training guide
  • Certificate of completion
  • Money-back guarantee