Here's my goal: I want to embed more Excel assignments in my class, since Finance Majors can't have too much Excel exposure. So, I'm trying to add some assignments that expose them to the following concepts (note- those in bold type have been suggested by readers)
- Data Tables
- Pivot Tables & Pivot Charts
- IF (and Nested IF) statements
- Macros and basic VBA
- Solver and Goal Seek
- Regression Analysis
- Conditional Formatting
- Using some of the auditing tools
- Keyboard shortcuts
- VLOOKUP/INDEX/MATCH
Some of the projects they might be doing could include (note: I might not get to all of this, but it's good to have aspirations):
- Building pro-forma statement-driven cash flow valuation models
- Profiling industry ratios (taken from Compustat) using Pivot Tables
- Calculating "justified" price multiples using regressions of multiples on industry fundamentals
- Estimating betas
- Calculating a variance-covariance matrix
- Calculating portfolio weights that yield efficient frontiers using solver (and possibly, some basic VBA)
- Calculating tracking error
- Performance attribution
- Technical analysis/indicators (i.e. moving averages, etc...)
- Describing statistical properties (skewness, kurtosis, etc...) of return distributions
- An event study
So, here's what I'm looking for - can you suggest any additions to the list as far as Excel topics they should cover or projects I can assign? We cover only the equity side of things (no derivatives or fixed income, since they get those in other classes).
Please sound off in the comments.