Excel skills are crucial for all business professionals. Financial modeling is a task not only relevant to Finance professionals but to all general managers. Learn how to build a financial model in Excel in this video. I will create a liquidity forecast in Microsoft Excel, based on the Excel formula SUMIFS. The SUMIFS formula is a powerful formula that can be used in many ways in financial modeling. I will teach you how to use SUMIFS. Excel skills enable you to process and analyze data and draw conclusions from them. Learn most important Excel skills for consulting in this video. I talk about the key Excel skills I learned as a McKinsey consultant, having created many financial models myself. These are essential Excel skills for consulting. It is great as an advanced Excel training and will share many great Excel tips, highly relevant to management consulting, including Excel shortcuts. Are you an MBB consultant yourself (McKinsey, BCG, Bain)? Let me know what your favorite Excel tips are!

Chapters
00:00 Introduction
01:37 Explanation of SUMIFS formula
09:04 Financial model that we will build
15:43 Building the financial model
24:31 Wrap-up

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