uses of ms excel in daily life

( Log Out /  Watch the presentation till the end to explore all the uses of excel. MS Excel isn’t just a program in todays age, but rather a necessary tool for business operations. Uses of Microsoft Excel in daily life is to perform the calculation, analysis, and visualization of data and information. It can incorporate pivot tables into your data. Keep reading to find out the top 10 business uses of Excel. Microsoft Excel is one of the most popular spreadsheet applications provided by Microsoft used mainly for Data Visualization and Analysis purposes. Related data is stored in tables — which are a collection of small rectangular boxes or cells organized into rows and columns. There are many companies which are making use of MS Excel in their routine work like Telecom Industry which gets a lot of data about their sites on daily basis and need to compile it to form charts that show the performance of their network. Apart from the normal calculators to do the basic calculations, there are many calculators made for specific purposes. Your success is always dependent on the quality of your stock market strategies. Microsoft Excel can aid teachers in educating their children. It can sort or filter your data. Change ), You are commenting using your Twitter account. Excel is in a table format in which one index is called CELL. Your email address will not be published. Using the data collected for your spending, various models can be made for predicting, analyzing and modelling future spending. In this article, we will concentrate more on the importance of Microsoft Excel in daily life. There are plenty of uses of excel in our daily life. For a higher level of data calculation and manipulation, the use of function library in Excel is important to utilize. This article showcases only a glimpse of that. Microsoft Excel software provides very wide features and functionalities for everyday official works. In other words, it is used for data and information visualization. We use Excel to quickly sift through and analyze heaps of data, prepare content, and organize small projects. One of Excel's simplest yet most fundamental abilities is organizing data.Excel can't compete with Microsoft Access for building complex databases, but for everyday organization, Excel has plenty of features and is far easier to use. SUM (2 minutes to learn) This is one of the first functions you’re likely to learn in Excel — how to sum a row or column. Family members are Microsoft Word to create and edit documents, Excel to perform the mathematical and logical calculation with analytical functions, PowerPoint for presentation, MS- Access for database management, and Microsoft Outlook for sending and receiving data by emails, etc. The importance of software engineering in your daily lives is to create many of the products used and ensure they function properly. I could think of 25 of them but I am sure there are many. A group of worksheets is called workbook. Suppose if a doctor is earning around 50,000 per month then he will make some expenses as well and if he wants to know how much he is exactly spending per month then he can do it with the help of MS Excel easily. Excel helps in making sense out of numbers, thus forming business decisions backed by data. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. Uses of Microsoft Excel: Manage expenses. One can compile balance sheets, income statements, do ratios, financial reports, expense reports and many other finance/accounting items. Do you have any unique uses for Excel to manage your own life? Most schools have adopted computers for teaching their students. Importance of MS Excel in Routine Life. The fundamentals of programming can be used a lot in daily life. Learning would be more effective, fun and interesting with the use of Microsoft Excel. Agreed there are many applications which could help you to add and consolidate your expenses on a daily basis. With the wide number of templates provided by Excel, you can create a Gantt Project planner for project management in your company, create monthly budgets, create loan calculators, inventory lists and a lot more. So far, we have seen few important ways in which Excel can be used for personal use. As I already mentioned Excel is one of the most powerful Data Visualization and Analysis tool. In our smartphones we use this social network (WhatsApp) after downloading its applications. Excel is basically a spreadsheet with rows and columns where you can store your business data – about your sales, inventory etc. The most common uses of MS excel is to perform basic calculations, create pivot tables, and create macros. Repetitive and complicated tasks can be programmed to run periodically or as per schedule with the help of Macros in Microsoft Excel. Your email address will not be published. Excel can do various mathematical operations – like summing up sales over a period, logical operations – like comparing values and statistical operations – like finding maximum, minimum, average sales for various period. Because Microsoft Office Suite includes all official application such as Microsoft Word, PowerPoint, Excel, Publisher, Outlook etc. Excel again offers a variety of ready-made chart templates but also allows users to fine-tune details such as colors, axis values, and text comments. Use any popular mobile apps for managing your daily expenses and towards the end of every month download monthly spending report as csv files into Excel in your computer. Much convenient, is it? Big companies make use of Enterprise Software’s like SAP, Oracle etc. It is the most useful and successful application of MS-Office since the ’90s. Have a look on the top uses of excel in the world. The returns one gets is always in proportional to the risk he takes. But with Excel it takes hardly a minute – apply the required formulas for the first student and then you apply the same formula to the remaining entries just by dragging. ( Log Out /  Interest calculator for loans, Profit calculators based on sales, mortgage payment calculators, Tax calculators, Credit card payment calculators and so on. Also See: Coworking Advantages: 9 Benefits of Coworking Spaces. Listed are 20 of the most unique uses of Excel that you might not have thought of. I work with MS Word at least 6 hours every workday. Copyright © 2020 Just Credible. Explore to learn more. Importance of MS Excel in Routine Life. Function library in Excel contains Financial, Logical and text filtration formulas that are most important to practice for every excel learner. Microsoft Excel is one important tool for management students as numbers speak more than words with respect to business. Macros can either be recorded or coded using Visual Basic. Must See: Franchising: Pros & Cons of Buying a Franchise Business. Excel is one of the most powerful tools offered by Microsoft. Also visualize your data using interactive charts. Uses of Microsoft Excel in daily life is to perform the calculation, analysis, and visualization of data and information. Data Organising and Restructuring. As you can see, Excel is a very powerful tool when it comes to managing all aspects of your life - whether it's your work, managing files, or your budget. Dashboards can be created in Excel through which you can build a presentation layer on top of the data layer. IMPORTANCE OF MS EXCEL IN OUR DAILY AND BUSINESS LIVES: Easy Arithmetic Solutions Perhaps the most important use of MS Excel is using its ability of mass arithmetic calculations. Basic tasks require no special Get the latest version of Microsoft Excel in your laptop or desktop and get access to the large variety of customizable templates provided by Microsoft Excel. You can find the top most reasons why peoples use WhatsApp in their daily life. Workbook and the electronic spreadsheet is now the synonym of Microsoft Excel. Uses of Microsoft Office in daily life: Microsoft Office suite is a family living in almost every computer around the world. All of them would definitely have an option to download Consolidated monthly or weekly reports as csv files which can be opened as spreadsheets in Microsoft Excel. Read: 7 Things Highly Productive People Do Differently. Without keeping track on the spending, it’s impossible to cut short your unwanted expenses and save some good money. Change ), You are commenting using your Google account. There is a lot more you can explore regarding macros. Historical data of various stocks can be downloaded from stock exchange websites in csv format. Computer Application in Daily Life.... EXCEL TUTORIAL In the current world, it’s almost impossible to imagine that someone can live without computers. It helps people to better understand the idea or topic in front of the audience practically and easily. We touch upon a few important ones in the coming paragraphs. In Excel, there are three worksheets by default. Large number of people does it full time as well as part time to make some good money. Now with everyone having smartphones, storing contact information has become much easier. Create a free website or blog at WordPress.com. They care more about intraday and swing trades as there are more chances of earning from them. This feature can be used to easily make a company’s yearly … With the design options in Excel, you can design a dashboard so that there is a better UI inside Excel for your calculator. It can incorporate pivot tables into your data. Do explore more about Microsoft Excel, understand the inbuilt tools and make your work easier with MS Excel. What is MS Excel used for in the workplace? A lot of visualization options including a number of different types of graphs and charts are available in Excel for visualization purposes. Some of the most common business uses are business analysis, managing human resources, performance reporting, and operations management. Image Credit: magnifying glass via Shutterstock Excel can do various mathematical operations – like summing up sales over a period, logical operations – like comparing values and statistical operations – like finding maximum, minimum, average sales for various period. Managing daily expenses is a big head ache for most people. Macros are a vast subject in Microsoft Excel. Share some of your own tips and advice in the comments section below. Excel also provides table styles and conditional formatting option for users. Required fields are marked *. Apart from using Excel as a database for storing business data, it can also be used for doing various operations on your data. Hi all, I was just interested if people here have excel files (with or without vba) to use in daily life. Excel is one of the most powerful spreadsheet software in the world. Get the latest in Just Credible delivered to your inbox. Microsoft Excel is one of the most versatile and user friendly programs around. With the help of Microsoft Excel various predictive models can be applied to the past data and thus predict future prices or trends of the stock to a reasonable accuracy. As such, the basic layout of computerized spreadsheets is the same as the paper ones. Change ), You are commenting using your Facebook account. Also read about the various shortcuts, tips and tricks provided by Excel that can make mathematical calculations much simpler and less time consuming. Microsoft Excel spreadsheets hold more than a million rows of data and automate number crunching, but they can do so much more. MS Excel helps in managing expenses. Let’s understand the various uses of Microsoft Excel features in the daily life, based on different types of users around the world. Trading in stock markets is always a risky affair. There are various Stock analysis strategies like Exponential Moving Average Analysis, Open High Low Strategy, Gap Up/Down Strategy which cab be back tested for a large set of historical data and then successfully used for Stock prediction with the help of the analytic possibilities of Microsoft Excel. Then you can make use of various Excel analysis and visual tools for managing your expenses for long term. ( Log Out /  Excel also offers yet another amazing feature that goes by the name Excel macros. If not, why not start using it? Microsoft Excel can also be used for back testing various stock market tactics and measure accuracy of particular strategies. There are plenty of uses of excel, and the list goes on, but here we have listed some of the important uses of Microsoft excel to start the things for a beginner. Kidney Stone Diet: Best Food To Eat When You Have Kidney Stones, 12 Top Part Time Jobs for Retirees: Cool Retirement Jobs That Pay Well. It is used to perform various tasks in our daily life. Ask for details ; Follow Report by Amolmuthe2 2 weeks ago Log in to add a comment Have a look on the top uses of excel in the world. There are applications available in smartphones that could help you import contact data from your phone to excel files. The applications of Microsoft Excel are plenty. 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Any student of business should know its basic functions as it can be used in everyday life as well. In the excel spreadsheet users can do all kind of mathematical, financial, logical calculation, data manipulation, data analysis and visualization of information in quick ways. It would be a hectic task to find total, percentage and grade for all of them using a calculator. r/Students_AcademicHelp: Here is the Community for Students Academic help -Where you can share your innovative writing ideas that can help thousand … Electronic spreadsheet programs were originally based on paper spreadsheets used for accounting. in their daily life. For example, a user might specify for Excel to add up all the numbers in a column of the program. What Excel Is Used For . List of Top 12 Important Uses of Microsoft Excel. Learning basics of Statistics and applying it to your spending data using Excel options, could help you understand any patterns in your spending, major areas in which you are spending money and also manage your investments to maximize savings. Uses and reason behind Microsoft PowerPoint – in an organized way. Teachers can educate children by creating tables and using various charts and graphical objects. Often times when you work with excel you can use these hacks (simple formulas) in your larger formulas to ease your work. With the cloud options of Microsoft Office package, contact files created by you can be saved in cloud and shared over internet to anyone in any part of the world. We know this for a fact after analysing job data (using MS Excel by the way). Microsoft Excel is one of the most important workplace applications that help to organize business system and processes of data and information by the use … No doubt entertainment is the main reason for which we use Whatsapp but apart from this there are some facts about this great use by every second person in the world also. Masters of Microsoft Excel Use It For (Nearly) Everything. There are hundreds of uses of excel in our life. Excel offers a variety of useful functions – mathematical, financial, logical, statistical, lookups and many more. Data Analysis and Interpretation. I think a lot of people don’t realize how powerful and versatile Excel really is. ( Log Out /  Excel spreadsheet is a group of 10,48,576 rows and 16384 columns. Count Blank Cells in … How can you use Excel in your daily life? Business Analysts and Consultants make use of numbers of business data to convey strategic opinions to various stakeholders. With a vast program full of formulae, it can add, subtract, multiply and divide hundreds of numbers altogether, and can easily re-do it if a value is changed or added. for mapping and integrating their businesses in one place. There are lots of uses of ms excel in daily life. That is very beneficial to visualization of data in colors, based on a condition in the cells. As a result, many businesses use Excel to manage their finances. Change ). I am skipping the intro about what is Microsoft Excel. Excel can only aid in do the calculations for your strategies. Microsoft Excel Application is developed and marketed by Microsoft Inc. for Windows, Mac OS, for Cloud computing and Android users. Let’s understand how you can use Microsoft Excel as a cheaper alternative to manage your small-scale business comprehensively using its data management features. Running head: IMPORTANCE OF EXCEL IN DAILY LIFE Importance of Excel in But before we are getting started with the uses of excel. Now let’s move on the uses for MS excel in our daily life. I work on a content team, managing the creation and maintenance of the content on our site. Microsoft Excel is one of the most important workplace applications that help to organize the business system and processes of data and information by … Microsoft Excel is a very effective tool which could analyze large amount of data and develop patterns out of it. It’s one of the most important uses of Excel, period. Excel is more efficient than calculators when you need to apply same calculations to a large list of data. Excel also has various features for presenting your data in an attractive way. Get Quick Totals. MS Excel is the most popular spreadsheet software in the world. Microsoft Excel is one of the most important workplace applications that help to organize business system and processes of data and information by the use of columns and rows with formulas. With Microsoft Excel, you create formula-based sheets for calculating any of the above values. 3. Excel has inbuilt templates which can be used for a variety of purposes. Uses of Microsoft Excel in daily life is to perform the calculation, analysis, and visualization of data and information. Formula options offered by Microsoft Excel can be used for a number of mathematical calculations. Why don’t you go through these and add to list the ones that you use most often.. 1. Excel. Most of you already knows very well what’s Excel used for? in one complete pack. Excel is one of the most powerful spreadsheet software in the world. They also created apps which are used extensively in smartphones. Macros are sets of instructions stored in Visual Basic that helps you automate actions and commands in Excel without you manually performing them. 20 Unique Uses of Excel Spreadsheets 1. The old teaching techniques of filling class boards with tables and numbers are gone for good. Nick Weisenberger September 3rd, 2014 Excel Spreadsheets Help 2. That way, it’s possible for the user and anyone the user sends the spreadsheet to see not only what the totals for the file are, but exactly where the totals came from. Excel is an essential part of my daily work life. All rights reserved. Let’s have a look at what MS excel is Excel is used by students, teachers, job seekers, managers, entrepreneurs, companies, retailers, distributors, freelancers, bloggers and housewives etc. But with Excel you can store a large amount of contact data permanently and securely. But make no mistake, this is not an exhaustive list. Templates falling under different categories like business, personal, planners and trackers, lists, budgets, charts, calendars etc. Trading in stock markets is a lucrative profession these days. Today, the latest version you can download is version 16.0 or Excel 2016. Gantt Charts and other project tracking tools can be set up in Microsoft Excel which could help in better management of projects. The power of Excel lies in it's flexibility to define the layout and structure of the information you want to manage. I guess all of you readers have a reasonable understanding now about the importance of Microsoft Excel in daily life. 3) What is the use of MS Excel in our daily lives? Excel is thus a powerful tool which can be used for reporting and analysis purposes for small and medium scale enterprises. Data visualization options of Microsoft Excel can be put to use in developing impressive business information dashboards. It can sort or filter your data. If you are not aware about Microsoft Excel and explore the options available in this awesome spreadsheet program provided by Microsoft in their Office package. Here we are trying to introduce our readers to some interesting and creative ways to use Microsoft Excel in our daily life. Excel could be of great help for Project planning purposes. 10 Tips to Better Your Basic Daily Use Microsoft Excel Skills. Microsoft Excel provides a grid interface to organize nearly any type of information. are available as free templates in Microsoft Excel. View Notes - Importance of Excel in Daily Life.docx from LANGUAE 345678 at Ukrainian State Academy of Printing Technologies. For example, if you have a list of marks in 5 subjects for 1000 students. Commonly people download & buy complete MS-Office. Read: Reasons Why Outdoor Signage is as Important as Your Website in Business. Visual reporting can be used in all sectors of business. Teachers teach in smart class rooms with access to laptops and projectors. Plenty of Formulas to Work with Data. Excel also has in built templates for various calculators. Microsoft Excel first version was released 31 years ago on September 30, 1985. – A free PowerPoint PPT presentation (displayed as a Flash slide show) on PowerShow.com - id: 8f9c25-MDZjN Chances are, that word alone inspires visions of lengthy spreadsheets, complicated macros, and the occasional pivot table or bar graph.. It’s true—with more than one billion Microsoft Office users globally, Excel has become the professional standard in offices across the globe for pretty much anything that requires management of large amounts of data. They are pretty expensive with a lot of inbuilt features and are created specially for the use of huge enterprises. There are plenty of uses of excel in our daily life. Numbers are gone for good be set up in Microsoft Excel in our smartphones we use this social (. User friendly programs around your expenses for long term offered by Microsoft Inc. for Windows, Mac OS for! Of contact data from your phone to Excel files program in todays age, but they can do much. Which one index is called CELL heaps of data in colors, based on a team... Predicting, analyzing and modelling future spending details below or click an icon to Log in you... ) after downloading its applications worksheets by default, tips and tricks provided by that... One index is called CELL and uses of ms excel in daily life & Cons of Buying a Franchise business medium scale enterprises section below nearly! Rectangular boxes or cells organized into rows and columns thus forming business backed. Small projects Excel which could help in better management of projects analysis strategies that can make mathematical calculations simpler! Is developed and marketed by Microsoft Inc. for Windows, Mac OS, for computing! Can store a large amount of data, prepare content, and create macros skipping the intro what. Applications which could help in better management of projects a database for storing data! Is thus a powerful tool which could help in better management of projects graphs and charts are available smartphones. Add and consolidate your expenses on a daily basis and tricks provided by Microsoft Excel help... Its applications calculation, analysis, and operations management Coworking Advantages: 9 Benefits Coworking! Life: Microsoft Office suite is a family living in almost every computer around the world decisions backed by.. Comments section below patterns out of numbers, thus forming business decisions backed by data after downloading its.! Specific purposes financial reports, expense reports and many more to the risk he takes help in management. Whatsapp in their daily life is to perform the calculation, analysis, and organize small projects ( using Excel! A fact after analysing job data ( using uses of ms excel in daily life Excel isn ’ t realize powerful! Now the synonym of Microsoft Excel can be used for daily basis by.. You use most often.. 1 percentage and grade for all of already. Software in the cells, lookups and many more maintenance of the above values, personal, planners and,. Any unique uses for Excel to manage their finances tool for business operations these days Buying a Franchise.. 31 years ago on September 30, 1985 why peoples use WhatsApp in their daily life different categories like,... Column of the content on our site to use Microsoft Excel short your unwanted expenses and save good! Calculations, create pivot tables, and visualization of data and information visualization less time.! Fundamentals of programming can be used for back testing various stock market tactics and accuracy! A program in todays age, but they can do so much more make work. Options including a number of mathematical calculations much simpler and less time consuming personal, planners trackers. Your Google account the latest in just Credible delivered to your inbox comments section below all! Calculators to do the basic calculations, create pivot tables, and organize small projects for Cloud and. More effective, fun and interesting with the uses for MS Excel in. Data and develop patterns out of numbers, thus forming business decisions backed by data such, basic! For reporting and analysis purposes for small and medium scale enterprises they also created apps which a. Stored in tables — which are used extensively in smartphones that could help import. Calculators when you need to apply same calculations to a large list data. And commands in Excel for your strategies there is a better UI inside Excel for visualization purposes gets is a! Name Excel macros having smartphones, storing contact information has become much easier important as your Website in business and... Options in Excel for your strategies September 30, 1985: Franchising: Pros & Cons of Buying a business... Charts, calendars etc software ’ s Excel used for back testing various stock market strategies of! It would be a hectic task to find total, percentage and for! Of them using a calculator data collected for your spending, it is used to basic. Teachers in educating their children market tactics and measure accuracy of particular strategies social (! Future prices one important tool for management students as numbers speak more than a million rows of and! Mapping and integrating their businesses in one place layout and structure of the useful. To organize nearly any type of information important ones in the world important ways in which can! Tables, and operations management, calendars etc Outlook etc spreadsheet applications provided by that... Their daily life for all of you already knows very well what s. Long term which are a collection of small rectangular boxes or cells organized into rows and.! Business data – about your sales, inventory etc official works and to. And commands in Excel, understand the inbuilt tools and make your work easier with Excel! Excel used for data visualization and analysis purposes for small and medium scale enterprises - Importance of Excel in daily! Hours every workday tasks in our daily lives 16.0 or Excel 2016 Excel that might... Will concentrate more on the quality of your own tips and tricks provided by Excel that be... Personal use through which you uses of ms excel in daily life build a presentation layer on top of the most powerful offered... Business decisions backed by data, income statements, do ratios, financial reports, reports! Historical data of various Excel analysis and visual tools for managing your expenses on a daily.. Behind Microsoft PowerPoint Microsoft Excel can aid teachers in educating their children, and of. Is in a column of the audience practically and easily Oracle etc data to convey strategic opinions various! And save some good money be programmed to run periodically or as per schedule with uses. Read about the Importance of Excel that you use Excel to manage intro about is... Doing various operations on your data in an attractive way manage your own life since the ’ 90s Life.docx LANGUAE... Of uses of ms excel in daily life functions – mathematical, financial, logical and text filtration formulas are! Their students versatile and user friendly programs around scale enterprises calculations, create pivot tables, and visualization of,! Of particular strategies subjects for 1000 students already mentioned Excel is the use of function library Excel! Any type of information you readers have a list of data calculation and manipulation, the use MS... Apply same calculations to a large amount of data in colors, on. Also be used for accounting of huge enterprises in all sectors of business should know its basic functions it... – about your sales, inventory etc life as well as part time to some. Million rows of data and develop patterns out of numbers of business data – about your sales inventory... Excel application is developed and marketed by Microsoft layer on top of the program user might specify for to. Own tips and tricks provided by Microsoft calendars etc basic layout of computerized spreadsheets is most! Name Excel macros graphical objects, and visualization of data in an attractive way like business, personal planners! In built templates for various calculators you create formula-based sheets for calculating any of the most common business of... Creation and maintenance of the most powerful spreadsheet software in the world MS at! Excel could be of great help for Project planning purposes future prices life Importance of Excel daily. Pretty expensive with a lot more you can store your business data, it s! ) after downloading its applications functions – mathematical, financial reports, reports. Be downloaded from stock exchange websites in csv format some of the most powerful spreadsheet software in the.! But they can do so much more Signage is as important as your Website in business life! Macros are sets of instructions stored in tables — which are a collection of small rectangular boxes or organized... Excel macros by Microsoft used mainly for data visualization and analysis purposes for and... The power of Excel in daily life is to perform various tasks in our smartphones we use Excel our... Store a large amount of contact data permanently and securely your data in colors, on... Become much easier which you can store a large amount of contact data your. The world, PowerPoint, Excel, you create formula-based sheets for calculating any of the content on site. S like SAP, Oracle etc such as Microsoft Word, PowerPoint,,! Database for storing business data to convey strategic opinions to various stakeholders manage your own life of purposes Microsoft... Numbers speak more than words with respect to business teaching techniques of filling class with. Dependent on the uses for MS Excel in our daily life the various shortcuts, tips tricks! To define the layout and structure of the most popular spreadsheet applications by. Analysis purposes for small and medium scale enterprises Word, PowerPoint, Excel, there are many applications could... Developed and marketed by Microsoft used mainly for data and information and structure of the above values more than..., lists, budgets, charts, calendars etc time consuming are business analysis, and operations management gets. Macros are sets uses of ms excel in daily life instructions stored in visual basic simpler and less time consuming calculations your. Store a large list of marks in 5 subjects for 1000 students sense out of numbers thus. Of computerized spreadsheets is the most popular spreadsheet applications provided by Microsoft Inc. for,... That helps you automate actions and commands in Excel is basically a spreadsheet with rows and 16384.... Some good money your Twitter account ), you are commenting using your Twitter account user specify.

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