Understand Index Match Formula in Correct & Easy Way
Learn how to use the Index Match formula in MS Excel for data analysis and management. This easy tutorial will help you master this powerful Excel formula!
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Quickly learn all you need to know about INDEX & MATCH to get a quick start. This video compares INDEX & MATCH, demonstrating why INDEX & MATCH is a superior choice for complex data lookups.
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What You'll Learn:
▪️ Basics of INDEX & MATCH: Understand the fundamentals of how INDEX and MATCH functions work individually.
▪️ Why INDEX & MATCH is better than VLOOKUP: Discover the limitations of VLOOKUP and scenarios where INDEX & MATCH is more effective.
▪️ Practical Examples: Step-by-step guide to using INDEX & MATCH for real-world data lookup problems, including two-way lookups and matrix-type data arrangements.
▪️ Advanced Techniques: Learn to solve complex data problems that go beyond simple table formats.
Why Index Match is better than VLOOKUP & why use INDEX MATCH instead of VLOOKUP?
Here are 3 reasons why Excel experts generally substitute VLOOKUP with INDEX and MATCH.
1. Unlike VLOOKUP, which searches only to the right, INDEX and MATCH can look in both directions – left and right.
2. INDEX & MATCH can perform two-way lookups by both looking along the rows and along the columns to find the intersection within a matrix.
3. INDEX & MATCH is less prone to errors. Assume you have a VLOOKUP where the final value you want returned is in column N. Your lookup value is in column A. You need to highlight the entire A to N range and then provide your index number to be 14. If you happen to delete any of the in-between columns, you would have to update that index number. You don’t need to worry about this when you use INDEX & MATCH.
Note: Index match is not case sensitive
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