I've seen on LinkedIn videos of Ai being implemented into Excel (essentially you telling Ai what to do and it does the modeling) but having a tough time figuring out if this is accessible to everyone. Does anyone have intel on how to get it? Would love to try it out.
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Based on the WSO content, there's a keen interest in the intersection of AI and Excel, especially in how AI can automate or enhance financial modeling and analysis tasks. While the specific details about AI integration directly into Excel as described in your query might not be directly covered, the WSO community often discusses tools and add-ins that enhance Excel's capabilities, which could include AI functionalities.
For those looking to explore AI capabilities within Excel or similar functionalities, here are a few steps and resources that might help, inferred from the general direction of WSO discussions:
Check Excel's Latest Features: Microsoft regularly updates Excel with new features, some of which increasingly leverage AI and machine learning. Reviewing the latest updates on the official Microsoft Excel blog or Office 365 updates could provide information on newly integrated AI features.
Explore Excel Add-Ins: The WSO community has shared various resources, including add-ins and tools that enhance Excel's capabilities. While not explicitly AI, tools like the Ex Stock Features add-in allow for advanced data manipulation and analysis, which is a step towards automation. Searching for AI-focused add-ins in the Microsoft Office Add-ins store could yield relevant tools.
Online Courses and Tutorials: WSO emphasizes self-improvement and learning. Engaging in online courses or tutorials that focus on AI applications in Excel or financial modeling could provide insights and access to cutting-edge tools. Platforms like the WSO Academy offer courses that, while not explicitly mentioned to cover AI in Excel, could provide a solid foundation for understanding how AI can be applied in financial analysis.
Community Forums and Discussions: Engaging with the WSO community through forums could provide direct insights from professionals who might have experimented with AI in Excel. Posting questions or searching through existing threads could uncover user experiences and recommendations for AI tools and add-ins.
Developer Resources: For those with a technical inclination, exploring Microsoft's developer resources for Excel and Office 365 could provide pathways to creating custom AI integrations. This might require a deeper technical skill set but offers the most tailored approach to leveraging AI within Excel.
While the direct integration of AI into Excel for automated modeling as described might not be widely accessible or detailed in the WSO resources, the community's discussions around enhancing Excel's capabilities through add-ins, tools, and self-learning could serve as a valuable starting point for anyone looking to explore this area further.
Sources: Q&A: AI will automate many roles in the IB/PE world. A live Q&A with Arctic, who are recruiting finance professionals to help manage that change, Will robots replace your consulting or financial career?, For Reál | The Daily Peel | 1/23/23, Excel: Tools, Add-Ins, and Macros, How is it in 2022 you still can't move data labels in Excel charts with the arrow keys?
I can’t post links through my account yet, but look into “Microsoft Copilot for Finance”
Not directly targeted at IB, but interesting nonetheless
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