Many Excel functions are frequently used in investment banking, however, a few of the more well-liked ones are as follows:
With the help of the VLOOKUP function, you can find a value in a database and get a corresponding value from a different column. This is helpful for building dynamic financial models and cross-referencing data.
IF: You can use this function to test a condition and have it return one value if it is true and a different value if it is false. For constructing conditional logic in financial models, this is helpful.
SUMIF: You can sum a set of cells based on a set of conditions with this function. This is helpful for running calculations on particular data subsets.
COUNTIF: In this function, you may determine the number of cells in a given range that satisfy a given set of requirements. Calculations on particular data subsets can be done using this.
Find the least or greatest value in a range of cells using the MIN and MAX methods. Calculations on particular data subsets can be done using this.
It’s also important to remember that a lot of investment banks utilize specialized Excel add-ins and macros to make the program more functional for their unique requirements. If you’re interested in finding out more about how Excel is used in investment banking, I’d suggest speaking with an expert in the field or contacting a financial modeling specialist.
So if you are interested in pursuing a career in Investment banking, BSE Institute is offering the best program of a Certificate Program In Investment Banking Operations — CPIBO, which can give you the best set of skills for your career.
