In today's world, MS Excel has established its dominance as a spreadsheet and data analysis software that has integral applications in all key areas of businesses like Finance, Business Analytics, Market Research, the list doesn’t end. Excel skills are highly leveraged by employers since it makes you more efficient, can handle large volumes of data and has become the new-age industry standard. In the corporate as well as in day-to-day lives, Excel skills are widely applicable and useful because it can perform basic mathematical operations to complex statistical analyses. Needless to say, if you are an MBA aspirant you need to know the basic functions and formulae of Excel.