Project ‘EXICEL’ is an initiative of the club aimed at providing the opportunity to enhance your knowledge on MS Excel and master business analysis skills. Our offerings are not limited to just knowledge but also career opportunities through our partners. We believe this project will provide participants with the opportunity to improve their network with corporate circles. Additionally, Exicel aims to strengthen team-working skills and provide an overall insight into technical skills that will make you stand out as you embark into the corporate world.
We partnered with Stax Colombo, as our Platinum Sponsor, and Easylink Academy, as our Knowledge Partner to provide a great opportunity to understand the dynamic nature of professionals and corporate employability standards.
Exicel is a team competition that is hosted virtually. The competition is two-fold. First, each team consisting of 2-3 participants will be given a set of free excel training/workshops conducted by experts in order to help them brush up as well as learn new Excel skills. We believe this will help the participants start and participate in the competition with a positive mindset. After successful completion of workshops, participants were given a challenge where the knowledge acquired through the workshops is put to test in solving tough corporate cases in the real world.
Further, the competition takes place as a group challenge to build the leadership and team skills of participants while enhancing their technical skills. Registrations for the Challenge closed on the 7th of May with over 150 team applications (over 350 participants).
Workshops were held in 2 stages. First, the Basic Excel workshop is held for 2 hours on 8th May to recall basics for experts and provide a solid foundation for Excel for novice learners. It was hosted by Rtr. Nimesha Jaymanne president of the Rotaract Club of West. Content covered: Financial formula, pivot tables, and data sorting and filtering, data validation, graphical summaries, and charts.
The second workshop was held on 9th May on Advanced Excel and covered many areas on the topic for over 4 hours and was hosted by Radeesh Aponsu, Project Officer at Caritas Sri Lanka. Content covered: NPV calculations, PMT, IPMT, and principal payment calculations, Logic functions, and What if analysis(Data tables, scenario manager)
There were over 400 participants continuously for both the workshops. At the end of the workshops, a demonstration and a FAQ session were conducted to acknowledge competitors on the upcoming challenge rounds and gear them up to face them successfully. After successful completion of the workshop rounds (Participation for the workshop is compulsory and it is a pre-requisite for the competition.) The completion phase was also held in 2 stages.
LEVEL 01 – Rapid fire round
This took place between 13th May – 16th May, the teams had the flexibility of choosing their time slots on any day to take part, out of 10 slots within the given time frame. One coordinator is allocated to each time slot to coordinate and communicate with the teams.
The objective of this round was to test the basic ability and speed in using Excel functions and formulas in solving problems. This round consisted of MCQ and short answer questions on excel functions and formulas. The participants were given 2-hours to attempt a Quiz with 100 questions, and participants who are able to answer the greatest number of questions accurately in a limited time will get an edge over the rest. Out of 150+ teams, 120 teams successfully completed the Rapid Fire round.
The top 20 teams (based on the accuracy of answers and speed) of the rapid-fire round were promoted to the competition rounds.
LEVEL 02 – Case Study Round
The case study level was the final stage of the competition. The finalist teams were required to analyze a case study and present their finding using the excel knowledge they have gained through the workshops. The teams were given 05 hours to crack the case study and submit their worksheets within the given time to the team coordinator.
The case study was based on a hypothetical scenario, and teams were expected to be creative and realistic when devising solutions. Moreover, task 2 of the case study was designing a professional Dashboard on Excel for a company Board meeting and solving an investment appraisal problem.
In this round creativity of the answers was given prominence. Two winners were finalized by the judging panel to be entitled to the cash prizes.
The awards ceremony was held on 30th May 2021 with the participation of our sponsors and competitors. The agenda for the ceremony included a presentation on the competition and participants followed up by presentations from each sponsor.
The winners of the Challenge are,
Runners up team – Team Sharks
Champions – Team Synergy
Sponsors expressed pleasure in being part of the project, stressing the importance and timeliness of being quipped with excel and problem-solving skills when entering the corporate world. Winners and participants also expressed their thanks to the organizing committee.
Rtr. Ashwini Rathnayake
Director – Professional Development