Excel Interview Questions and Answers

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Microsoft Excel is an excellent tool to perform data analysis, reporting, and automation. More than 2,50,000+ job openings across the world require expertise in Excel skills in various positions. The salary of an expert in Excel mainly lies in the range of ₹5 to ₹12 lakhs per year. Some of the key Excel interview questions to assist you in the next job interview are mentioned below.

Table of content

• Basic Excel Interview Questions for the Freshers
• Excel Interview Questions for Experienced
• Advanced Excel Interview Questions

Most Frequently Asked Excel Interview Questions

1. How do you select multiple cells in Excel?
2. How do you insert a new row or column in Excel?
3. How do you delete a row or column in Excel?
4. What is the SUM function used for?
5. What is the difference between relative and absolute cell references?
6. What is the difference between the COUNT and COUNTA functions?
7. What is conditional formatting in Excel?
8. What is the difference between a relative and an absolute cell reference in conditional formatting?
9. How do you remove duplicates in Excel?
10. How do you use the VLOOKUP function in Excel?

Microsoft Excel, commonly known as MS Excel, is a powerful spreadsheet application developed by Microsoft. It allows users to organize, manipulate, and analyze data in tabular form, making it an essential tool for various tasks like data entry, calculations, charting, and data visualization. MS Excel’s user-friendly interface and wide range of functions make it a popular choice for businesses, academics, and individuals alike to efficiently manage and present data.

It holds significant importance in various fields due to its data management, analysis, and visualization capabilities. It streamlines complex calculations, aids in budgeting, and supports data-driven decision-making in finance, business, and research. Excel enhances productivity through automation, simplifies reporting, and offers data sharing and collaboration. Its versatility and user-friendly interface make it a fundamental tool for professionals across industries, enabling efficient data organization and analysis, ultimately leading to informed and effective decision-making processes.

1. How do you select multiple cells in Excel?

There are a few notable methods to select multiple cells in Excel, and they are discussed below:

Click and drag: To choose a specific group of cells, click on a cell, hold down the left mouse button, and drag the cursor to cover those cells. To choose the range, let go of the mouse button.

Shift key: Choose the first cell in the range, then choose the last cell in the range while holding down the Shift key. The initial and last cells themselves are also included in the selection of cells between them.

Ctrl key: To select a specific cell, click it while depressing the Ctrl key. You can choose non-contiguous cells or ranges by doing this.

2. How do you insert a new row or column in Excel?

These procedures should be followed in Excel to add a new row or column:

Adding a Row:

Where you wish to place the new row, choose the row below. Select row 4, for instance, if you wish to add a row between row 3 and row 4.

To access the context menu, perform right-click on the chosen row.

Go to the context menu and select ‘Insert’ or ‘Insert Cells.’ This will add a new row above the currently chosen row.

3. How do you delete a row or column in Excel?

The following techniques can be used in Excel to delete a row or column:

Remove a Row:

You can delete a row by selecting the entire row. To select the complete row, click on the row number on the left side of the Excel window.

To access the context menu, perform right-click on the chosen row.

Make your selection from the context menu for ‘Delete’ or ‘Delete Cells.’ The specified row will be deleted after this action.

4. What is the SUM function used for?

Excel’s SUM function is used to determine the total or sum of a set of numbers. It enables you to easily add up several values that are contained in a given range or a collection of distinct cells.

5. What is the difference between relative and absolute cell references?

Relative Cell Reference: Excel’s default type of reference is a relative cell reference. A relative reference in a formula moves the formula’s location in relation to the cell into which it is copied or filled.

In contrast, an absolute cell reference does not change when duplicated or filled and remains constant. Dollar signs ($) are used in the cell reference before the column letter and row number to indicate it.

Watch this Excel Job Interview Questions video:

6. What is the difference between the COUNT and COUNTA functions?

The difference between the COUNT and COUNTA functions is defined further:

7. What is conditional formatting in Excel?

Excel’s conditional formatting tool enables you to format cells according to particular requirements or specifications. It gives you a tool to graphically emphasize or highlight data that satisfies predetermined criteria, making it simpler to see patterns, trends, or outliers in your spreadsheet.

8. What is the difference between a relative and an absolute cell reference in conditional formatting?

The difference between a relative and an absolute cell reference in conditional formatting is elaborated below:

9. How do you remove duplicates in Excel?

There are some processes to remove duplicates in Excel, and they are discussed further. Use Excel’s built-in Remove Duplicates function to eliminate duplicates and retain only unique data. Here is how to go about it:

• Choose the cell range containing the data you wish to eliminate duplicates from. This range may consist of one or more columns.
• Open the Excel ribbon and choose the ‘Data’ tab. Select ‘Remove Duplicates’ from the list of ‘Data Tools’ options. There will be a dialogue box. All columns in your specified range will be automatically selected in the dialogue box. Make sure the ‘My data has headers’ option is selected if your data has headers. Review the columns that you chose to remove duplicates from. You can uncheck any columns that you don’t want to be used for duplication checks if required.

10. How do you use the VLOOKUP function in Excel?

Excel’s VLOOKUP function may be used to find a value in a table’s leftmost column and return a similar value from a different column. It is very beneficial for carrying out search operations and getting data from huge data sources.

Syntax:

=VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup])

Where, 

• lookup_value: The value you want to look up. Select the cell whose value you want to match.
• table_array: The table or range where Excel should search for the lookup_value. Here, select the range in which you want to match the lookup value to what you want as return- second-column respective values or third-column respective values, etc.
• col_index_num: This represents what value you want in return, keep in mind that for the second column, it will be 2, and for the third column it will be 3, and so on.
• range_lookup: [Optional] This parameter can be either TRUE or FALSE (or 1 or 0). It specifies whether you want an exact match (FALSE/0) or an approximate match (TRUE/1). If omitted, Excel assumes TRUE/1 by default, which means it will find the closest match if an exact match is not found.

11. What Charts are available in Excel?

Excel has many types of charts, including Bar charts display data with horizontal bars while column charts display data with vertical bars. Both are used to compare values across categories. Pie charts, on the other hand, are utilized to demonstrate the distribution of categories in percentage or proportion. Pie charts are most effective when there are only a few categories, and they are easy to read at a glance.

12. What are Comments, and How Do You Use Them?

Comments in Excel are annotations that provide additional information about a cell’s content. To use them, right-click the target cell, select “Insert Comment,” and enter your note. The comment is represented by a small red triangle in the corner of the cell. Hover over it to view the comment’s content.

13. Elaborate on the IF function in Excel?

Excel’s IF function enables you to run logical tests and return various values depending on the outcome. You can use your spreadsheet to execute conditional computations and make judgments thanks to it.

Syntax:

IF(logical_test, value_if_true, value_if_false)

14. What is a pivot table in Excel?

A pivot table in Excel is an effective tool for data summary that enables structured, interactive analysis and summarization of enormous volumes of data. It offers a mechanism to glean insightful information, identify trends, and reach data-driven conclusions. An input dataset is organized into a structured table with rows, columns, and values using a pivot table. Without changing the original dataset, it enables you to dynamically group, filter, and change the data.

15. How do you add calculated fields in a pivot table?

To add calculated fields in a pivot table:

1.Select Pivot Table: Start by selecting the pivot table.

2.Go to PivotTable Tools: Navigate to the “PivotTable Tools” or “Analyze” tab.

3.Click “Fields, Items, & Sets”: Choose this option from the toolbar.

4.Select “Calculated Field”: Click on “Calculated Field.”

5.Create Calculated Field: Name your calculated field, define the formula, and click “Add.”

6.Field Appears: The calculated field appears in your pivot table for analysis.

Adding calculated fields enhances data analysis in pivot tables.

16. What is the difference between a pivot table and a VLOOKUP function?

The difference between a pivot table and a VLOOKUP function is described below:

17. What is data validation in Excel?

The ability to limit the kind of data that may be entered into a cell or a range of cells in Excel is known as data validation. By specifying particular criteria or standards for data entry, it helps to assure data correctness, consistency, and integrity. You can enforce data rules, avoid mistakes, and enhance data quality in your Excel spreadsheets by using data validation.

18. How do you create a drop-down list in Excel?

There are a few steps mentioned to create a drop-down list in Excel:

Choose the cell or cells in which the drop-down menu will be shown.

Open the Excel ribbon and choose the ‘Data’ tab.

Now, simply left-click on the ‘Data Validation’ icon located in the ‘Data Tools’ category. This action will prompt a dialogue box to appear.

Navigate to the ‘Settings’ tab in the dialogue box.

Choose ‘List’ from the ‘Allow’ dropdown menu.

Enter the values you wish to see in the drop-down list in the ‘Source’ column. These are your two choices:

1. Directly type the values, separating them with commas (for example, Option 1, Option 2, Option 3).
2. As an alternative, you may choose from the drop-down list a group of cells that contain the values you want to utilize. For instance, you would put ‘=$A$1:$A$3’ in the ‘Source’ box if your choices were located in cells A1 to A3.

If you want the drop-down arrow to show directly in the cell, make sure the ‘In-cell dropdown’ selection is selected. Users will still be able to access the drop-down list by pressing Alt + Down Arrow when the cell is chosen if you uncheck this option.

For the data validation to take effect and the drop-down list to be created, click ‘OK’.

19. How do you modify the data source for a chart?

To modify a chart’s data source:

1. Select the chart you want to edit.
2. Locate and open the “Chart Data” or “Select Data” option in your charting software.
3. Adjust the data range references by selecting and editing them.
4. Confirm the changes, and the chart will update to reflect the modified data source.
5. Ensure that the new data structure aligns with the chart’s requirements for accurate visualization.

20. What is a macro in Excel and how can it be created?

A set of recorded or programmed instructions used to automate repetitive processes is known as an Excel macro. With only one command or button press, you can automate a sequence of processes or accomplish complicated procedures. The computer language Visual Basic for Applications (VBA), which is built into Excel, is used to construct macros. VBA is a potent programming language that lets you create unique procedures and functions to work with data, communicate with users, and automate a variety of Excel processes.

21. What is the Analysis ToolPak in Excel?

A Microsoft Excel add-in that offers more data analysis and statistical tools is called The Analysis ToolPak. It is intended to support users in carrying out challenging data analysis tasks and drawing well-informed conclusions from the outcomes. You must enable the Analysis ToolPak in Excel in order to utilize it. Here is how to go about it: Activate Excel and select the ‘File’ tab. From the menu, choose ‘Options’. Select ‘Add-Ins’ in the Excel Options dialogue box’s left-hand menu. Select ‘Excel Add-ins’ from the ‘Manage’ drop-down option at the bottom of the dialogue box, then click the ‘Go’ button. Check the box next to ‘Analysis ToolPak’ in the Add-Ins dialogue box, then click ‘OK’.

22. What is the IFERROR function used for?

Excel uses the IFERROR function to address formula mistakes that might happen. If a formula produces an error, such as a #DIV/0! error (division by zero) or a #VALUE! error (invalid value), you can provide a value or an action to do. The syntax IFERROR function is the following:

IFERROR(value, value_if_error)

23. What is the difference between the lookup and index function?

Lookup: The LOOKUP function requires that the data be sorted and operates on a one-column or one-row range. Based on the position inside the range, it delivers the value that exactly matches the lookup value whereas The INDEX function lets you specify the row and column numbers to obtain a value from a two-dimensional range (table or array). It gives back the value found where the specified row and column meet.

24. How is VLOOKUP different from LOOKUP?

Users have the option to utilize VLOOKUP for searching a value within the leftmost column of a table. Users have the option to utilize VLOOKUP for searching a value within the leftmost column of a table. The value is then returned from left to right, whereas, in the meantime, the user can search for data in a row or column using the LOOKUP function. It brings up the value in a different row or column.

25. How many report formats are available in Excel?

There are three formats:

1. Compact Form
2. Outline Form
3. Tabular Form

26. What is the DATEDIF function in Excel?

The Excel Date/Time functions section includes the DATEDIF Function. When working as a financial analyst, we might need to know how many days, months, or years separate two dates. We can compute the difference with the aid of the DATEDIF function.

27. What is a Slicer and how does it work?

Slicers are visual filtering tools in Excel that let you filter and work with data in pivot tables and pivot charts. By choosing particular values or categories, it offers a user-friendly approach to slice and dice data, making it simpler to analyze and examine the data. Slicers allow you to easily filter and analyze data in a pivot table or pivot chart without having to use complicated calculations or filtering tools. Slicers provide you with a simple, visual approach to examine your data, zero in on certain subsets, and discover new patterns by filtering and enhancing the view of your data in real-time.

28. What is the What-If analysis?

Change the input values in a formula or collection of formulas to explore various possibilities using Excel’s What-If Analysis function. It enables you to comprehend the effects of various inputs on the outcomes and aids in the development of sound judgments based on such circumstances. These flexible What-If Analysis tools let you experiment with various scenarios by altering the inputs and evaluating the results. They are very helpful in financial modeling, forecasting, budgeting, making decisions, and any other situation where you need to understand how your calculations respond to input data.

29. Write the VBA function to calculate the area of a circle?

Sub area()
               Dim a as Float
               Dim pi as Float
               Dim r as Float
               a = r*r*pi
               MsgBox 'The Area of The Circle is: ' &a
   End Sub

30. What are named ranges?

In Excel, named ranges are cell ranges, formulae, or constants that have been given user-defined labels or names. It is simpler to comprehend and deal with the data if you give a range of cells or a formula a meaningful name rather than just using the cell references (such as A1, B2, etc.).

The following steps can be taken to create a Named Range:

• Select the range that you intend to give a name.
• From Ribbon, select Formulas
• Click on ‘Define Name’ from the ‘Defined Names group’.
• Give any name of your choice

31. What is the operator precedence of formulas in Excel?

To establish the order in which operations are carried out, Excel formulas adhere to a specified order of precedence, also known as operator precedence. From highest to lowest, the Excel operator precedence is as follows:

Expressions that are surrounded by brackets are evaluated first. The innermost brackets are examined first when they are nested.

Exponentiation (): Operations involving exponentiation are carried out next. For instance, the exponentiation operation is carried out first in the expression ‘=23,’ resulting in 8.

Division (/) and multiplication (): Operations involving multiplication and division are analyzed from left to right. For instance, the multiplication (6*3) is done first in the formula ‘=63/2’, then the division (/2), which yields the result 9 as the result.

Operations for addition (+) and subtraction (-) are assessed from left to right. For instance, the subtraction (10-4) comes first in the formula ‘=10-4+2’, then the addition (+2), and the result is 8 as a consequence.

String concatenation (&): The ampersand (&) operator is used when string concatenation is desired. It is assessed from left to right. For instance, the concatenation operator (&) is used to combine the two strings in the formula ‘= ‘Hello’ & ‘World,’ producing ‘Hello World.’

32. What are the exact match and approximate match?

33. What is the difference between formulas and functions in Excel?

Formulas are defined by the user and used to calculate certain results. Formulas are either simple or complex and can consist of values, functions, defined names, etc. A function, on the other hand, is a built-in piece of code that is used to perform a specific action. Excel provides a huge number of built-in functions like SUM, PRODUCT, IF, SUMIF, COUNT, etc.

34. What are Wildcards in Excel?

Wildcards in Excel are special characters that represent unknown or variable values ​​when searching or filtering data. They are used as placeholders to match patterns or partial strings within a larger text or value. Wildcards are often used in functions such as COUNTIF, SUMIF, VLOOKUP, and others.

Here are the two main wildcards used in Excel:

Asterisk (*) wildcard:  An asterisk (*) represents any number of characters (including the null character) in a string.

For instance, when you utilize the formula ‘=COUNTIF(A1:A5, ‘app*’), it will tally all cells within the range A1 to A5 that start with the word ‘app’ and are followed by any additional characters.

Question mark (?) Joker:  A question mark (?) represents a single character in a string.

For example, if you use the formula ‘=COUNTIF(A1:A5, ‘ap?le’)), it will count all cells in the range A1-A5 that contain ‘ap’ and any single character,  then ‘le’. ‘.

35. Explain the difference between SUBSTITUTE and REPLACE functions?

The SUBSTITUTE function is used to replace an occurrence of the given text in a string with new text.

Syntax: 

SUBSTITUTE (text, old_text, new_text, [copy_number])

=SUBSTITUTE ('Hello, world!', 'world', 'Excel') will return 'Hello, Excel!'.</span>

The REPLACE function is used to replace certain text in a string with new text.

Syntax:

 REPLACE (old_text, start_number, number_of_characters, new_text)</span>

Example:

=REPLACE ('Hello, world!', 8, 5, 'Excel') will return 'Hello, Excel!'.</span></span>

36. Write the function to calculate the compound interest?

Excel’s FV function calculates the future value of an investment or loan based on periodic payments, a fixed interest rate, and a certain number of periods. It is often used in financial planning, investment analysis, and loan calculations.

The syntax of the FV function is as follows:

FV (rate, nper, pmt, [pv], [type])</span>

interest: period-based interest. This should be consistent with the specified number of cycles. nper:  total number of payment periods.  pmt:  payment made in each period. It can be a constant value or a cell reference. [dv]: (optional) present value or capital of the investment or loan. If omitted, it is assumed to be 0.  [type]: (Optional) Specifies whether payments are made at the beginning (1) or end (0) of each period. If omitted, it is assumed to be 0 (end-of-period payments).

37. Describe the volatile functions in Excel?

A volatile function in Excel is a function that recalculates when a change occurs in a workbook, regardless of whether the input values ​​have actually changed. These operations are called volatile because they can significantly affect the performance and responsiveness of the workbook, especially when dealing with large amounts of data or complex formulas.

Here are a few examples of the volatile function:

NOW(), RAND(), TODAY(), OFFSET(), etc.

38. Write a function to extract the domain name from your Gmail?

=SUBSTITUTE(MID(A1, FIND('@', A1) + 1, LEN(A1)), '.', '')

39. Write the formula to extract the first name from a name?

=LEFT(A1, FIND(' ', A1) - 1)

40. When do we get a reference error?

A Reference Error typically occurs in spreadsheet programs like Excel when a formula or function references a cell that doesn’t contain valid data or a valid cell address. This error happens when the referenced cell is blank or contains an error itself, making it impossible for the formula to calculate or return a result.

41. What is ABS function in Excel?

Excel’s ABS function is used to return the absolute value of a number. The absolute value of a number is its distance from zero, whether the number is positive or negative. The ABS function ensures that the result is always positive or zero.

42. Write a function to get the last date of the month?

Use the EOMONTH function to display the last date of the month in Excel. EOMONTH means ‘end of month’ and is specifically designed to return the last day of the corresponding month. 

The syntax of the EOMONATO function is as follows:

EOMONTH(start_date, months)

43. Can we use VBA to edit the recorded macro?

Yes, you can use VBA (Visual Basic for Applications) to edit a macro saved in Excel. When you record a macro in Excel, it creates VBA code that represents the actions performed during recording. You can then use and edit this VBA code to make changes or improve the functionality of the recorded macro.

44. Use conditional formatting to highlight the top 10 selling products in each region steps followed?

1. Select the sales data range, including the product and region columns.
2. Click Home > Conditional Formatting > New Rule.
3. In the New Formatting Rule dialog box, select Use a formula to determine which cells to format.
4. True Box Formula.
5. Click Format and select the desired formatting for the top 10 selling products. For example, you can choose to highlight them in green.
6. Click OK twice to close the dialog boxes.

45. In the Format values where this formula is true box, enter the following formula?

To achieve returning a specific value based on a condition, Excel’s IF function can be used. There is no built-in “True Box” formula. The IF function allows you to specify a condition and return one result if it’s true, and another result if it’s false. For example, you could use IF function to return a value of “Yes” if a cell is greater than 10, and “No” if it is not. This can be a useful tool in data analysis and decision making.

Example: True Box Formula :

=RANK($C2,$C:$C,1)<=10</span>

where C2 is the cell containing the product sales for a specific region.

46. To design a user-friendly Excel dashboard, you should consider the following?

To create a user-friendly Excel dashboard, keep the layout simple and organized with clear titles and labels. Group related information together and use consistent formatting to avoid confusion. Use charts and graphs to visually represent the data and make it easier to understand. Limit the amount of information displayed on one page to avoid overwhelming the user, and consider adding interactive features for further user engagement. Regularly update the dashboard to ensure it remains relevant and useful to its intended audience.

47. Why Would You ‘'Freeze Panes’” in Microsoft Excel?

Freezing a pane in a spreadsheet keeps a designated section of data stationary as you move through other information. This feature is often employed to ensure a particular element remains in place, such as an index or key data. By using freeze panes, users can navigate through a sheet without losing track of that important information, improving overall productivity and organization.

48. What Is a Surface Chart in Excel?

A surface chart is a 3D map used to display topological data that requires accurate coordinates. It provides a visual representation of the terrain, highlighting peaks, valleys, and slopes. The chart can be used to facilitate analysis and visualization of the topography of an area. It is especially useful for geology, geography, and earth science professionals who want to study and interpret landforms and identify patterns. The chart’s 3D nature allows for more precise analysis of data, providing insights that might not be evident from 2D visualizations.

49. What is a Bubble Chart in Excel?

A bubble chart is a type of scatter chart that represents a third variable through the size of the scatter dots. This chart allows for the tracking of three variables: X, Y, and the third variable indicated by the size of the bubbles. The larger the bubble, the larger the value of the third variable. This chart is useful for displaying multiple sets of data and comparing them visually.

50. What Is a Donut Chart in Excel?

A donut chart is a type of chart that uses concentric rings, similar to a pie chart but without a center. It can be a powerful visualization tool for presenting data in Excel.

51. How Can You Import Data From Another Workbook?

Microsoft Excel allows easy importing of data from another workbook through external references. By typing the source workbook name and the sheet from where data is to be pulled, one can create an external reference between workbooks. The command is simply written as follows: “data from: =[SourceWorkbook.xlsx]Sheet1!$A$1”. It is important to note that the file extension must be included in the source workbook name.

52. What Is a Logical Test in Excel?

The IF() function in Excel can be used to create logical tests where an output is produced based on a specified scenario. For example, the code =IF(A1>0,”Yes”,”No”) tests whether a number in cell A1 is greater than 0 or not. If it is, the output will be “Yes” and if it is equal to or less than 0, the output will be “No”. This function can be useful in a variety of situations where conditional outputs are required.

53. What Is a Timeline Used for in Excel?

A timeline in Excel is used to represent a chronological sequence of events. It can visually display important dates and milestones on a horizontal or vertical axis, allowing users to quickly understand the sequence of events and their durations. Timelines can be applied to many industries and projects, such as project management, historical research, and marketing campaigns. Excel provides various tools and templates to create different types of timelines, including Gantt charts, milestone charts, and chronology charts.

54. What are the Major Types of Errors You Can Encounter in Excel?

Some of the major types of errors you can encounter in Excel are #DIV/0! (attempting to divide by zero), #REF! (a cell reference error), #NAME? (a formula error), #VALUE! (an error in a calculation due to an incorrect data type), and #N/A (a value is missing or cannot be found). It is important to identify and fix these errors in order to ensure the accuracy and integrity of your spreadsheet and its calculations.

55. What Does 'Merge' Do in Excel?

The “Merge” function in Excel helps to combine two or more adjacent cells into one cell. This is particularly helpful when dealing with lengthy texts or titles that are too long to fit in a single cell. The merged cell’s size automatically adjusts to accommodate the combined text. When you use the Merge function, the content from the upper-leftmost cell in the selected range will be preserved, and all other contents from the remaining cells will be removed. This function is located in the “Home” tab under the “Alignment” section in the ribbon.

56. What Does It Mean to ‘“Hide’” a Sheet?

Hiding a sheet in a workbook means that it is no longer visible in the sheet navigation, but can still be accessed and edited unless additional protection is put in place. This is useful for archiving old information while keeping it accessible if needed.

57. What Is the Order of Operations in Excel?

The order of operations in Excel is as follows: first, any calculations inside parentheses are performed; second, any exponentiations are completed; third, multiplication and division are carried out from left to right; and finally, addition and subtraction are executed from left to right. 

Remembering this order of operations is critical for getting accurate results in Excel. Invalid results can arise if the user does not follow the correct order.

58. How do you edit a formula?

To change a formula in a cell, double-click the cell to open the Formula Editor. You can then make your desired changes to the formula. The Formula Editor will automatically provide suggestions as you make changes, which can be helpful in remembering the correct parameters for the formula.

59. What is a radar chart?

A radar chart, also called a spider or web chart in Excel, is designed to compare different values for a single item. It consists of axes that emanate from a central point, each representing a specific metric. The axis’s length indicates the value of that metric, and all the axes meet at the center of the chart. This chart type is useful for displaying multiple data points and comparing them quickly. It provides a clear visual representation of different values and can help in identifying the strengths and weaknesses of the item being compared.

60. What is stock chart?

A stock chart in Excel depicts the price of a stock over time, helping investors and traders track their investments and make informed decisions. These charts can display various data points, such as opening/closing prices, high/low prices, and trading volume. They are a crucial tool for analyzing market trends and forecasting future stock behavior. With Excel’s customizable features, users can create a personalized and visually appealing stock chart to analyze their portfolio’s performance.

Excel Salary Trends

Excel analysts in the US often make between $55,000 and $80,000 a year. Similarly, annual income in Europe ranges from €40,000 to €60,000. Excel experts in India earn between ₹300,000 and ₹600,000 a year.

• Entry-level: In 2024, entry-level Excel job roles will offer competitive salaries globally. In the United States, the salary of entry-level Excel positions ranges between $40,000 and $55,000 annually. In India, it ranges between ₹250,000 and ₹400,000 per year. These figures reflect the demand for Excel skills across industries and regions.
• Intermediate Level: In the US, intermediate-level jobs range from $55,000 to $75,000, and in India, it is between ₹400,000 and ₹600,000 per year
• Senior Level: Senior-level Excel positions in the United States pay between $90,000 and $120,000 per year, and in India, it is between ₹800,000 and ₹1,200,000 per year. These numbers demonstrate how highly sophisticated Excel skills are valued in both domestic and international markets.

Excel Job Trends

Global Trends

According to LinkedIn, there are currently more than 30000+ open positions for an Excel expert in the United States.

Projected Growth

There is a significant demand for Excel skills in middle-skill positions, with 78% of such jobs requiring proficiency in spreadsheets or Excel. With an average 12% increase in earning potential associated with Excel proficiency, the market is projected to see robust growth in Excel-related job opportunities, reflecting the increasing importance of these skills across various industries.

Regional Trends

In the future, India is anticipated to witness a notable surge in Excel Expert positions, with an estimated availability of over 20,000 jobs by 2024.

Job Opportunities in Excel

Roles and Responsibilities for Excel Related Jobs

According to the job posted on Naukri.com by Netapp

Role: Data Analyst (MS Excel, PowerBI, Tableau)

• Responsibilities 

1. 1. Maintain and update customer information in the Customer Relationship Management (CRM) system.
   2. Administer and set up customer success tools and platforms to fulfill business needs.
   3. Understanding of data analysis tools and methodologies.
   4. Project management expertise and experience.
   5. Experience with SaaS and subscription-based business models.

• Skills Required:

1. 1. Well developed systems proficiency particularly in Excel
   2. Good knowledge of Pivot Tables, advanced filters
   3. Good written and oral communication skills
   4. Analytical mindset and critical thinking

I hope this set of Excel Interview Questions will help you prepare for your interviews. Best of luck!