Find the second-lowest quote with SMALL
Pick out the second-cheapest supplier quote rather than simply the cheapest.
SMALL
Consultants build models fast, on someone else's messy data, and then have to defend the numbers in front of the client.
The data arrives in whatever shape the client's system produced. The work is structuring it quickly, building a model with visible drivers, and sanity-checking output before it reaches a slide — because a wrong number in front of a client is expensive.
Burying assumptions inside formulas. A growth rate typed into the middle of a calculation cannot be changed in a meeting, which is exactly when someone asks what happens at eight percent instead of five.
Structuring a messy export quickly, building a model with clearly separated inputs, and explaining how you check your own work.
15 exercises using the situations above. Work down the levels — each one assumes the one before it.
One function, one step, a small and tidy dataset.
Two or three functions combined, or one function with conditions.
Reach the paste-special dialog to drop formulas and keep results.
Pick the right summary statistic for a set with one huge outlier.
AVERAGE · MEDIAN
Combine INDEX and MATCH to look up a value without a fixed column number.
INDEX · MATCH
Clean inconsistent spacing and casing so values can be matched.
Guard a division so cancelled lines do not fill the report with errors.
IF
Check whether a salary falls below or above its grade band.
OR · IF
Mark a campaign only when it overspends by more than a tolerance.
IF
Nested logic across a realistic dataset, with edge cases that bite.
Add up the top three values without sorting the data or using a helper column.
LARGE
Return a readable message instead of #N/A when a lookup finds nothing.
XLOOKUP
Produce a summary line combining count, total and average for one region.
COUNTIF · SUMIF
Use COUNTIF to reconcile two lists and spot what is absent.
COUNTIF · IF
Write one formula that stays correct filled both across and down a grid.
SUMIFS
Return a name from one column based on a ranked value in another.
INDEX · MATCH · SMALL
Prefer to work in real Excel? Download the practice files — the same datasets with the answer cells left blank. You lose the feedback, which is the part that does the teaching.
These are not specific to consultant — they are the keystrokes and the misconceptions that catch everyone out, whatever the spreadsheet is about.
Open a cell for editing without reaching for the mouse or the formula bar.
Copy the cell above into the cells you have selected, without dragging.
Stamp the current date into a cell as a fixed value.
Pin down what $ changes about a reference, and what it does not.
Read an error code as a diagnosis rather than a failure.
Extend a selection to the last filled row in one press.
Cycle a reference through its absolute and relative forms while editing.
Reach the paste-special dialog to drop formulas and keep results.
Identify the one situation VLOOKUP genuinely cannot handle.
VLOOKUP · XLOOKUP
Pick the right summary statistic for a set with one huge outlier.
AVERAGE · MEDIAN
Recall the argument order that differs between SUMIF and SUMIFS.
SUMIF · SUMIFS
Diagnose a match failure where both values look identical on screen.
XLOOKUP