Combo boxes are cool! You’ll find that they don’t do anything particularly clever in Excel – all they do is change the value of a simple input. But they can certainly make your model more user friendly and make you look like a pro.
In this lesson we apply combo boxes to running scenarios in a simple imaginary model.
Combo boxes are ‘forms’ that you have to ‘draw’ into your model. So you’ll end up using a hidden tab to create your drop-down boxes (during the lesson you’ll need to open Excel’s developer tab).
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Excel has hundreds of formulas on offer. That can present a bit of a challenge: you need to become fluent in the formulas that are going to be most helpful in financial modelling.
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