Index Match Function in Excel - Step by Step Tutorial

Index Match Function in Excel
- In this video on Index Match in Excel, we'll go through how to combine Index and Match formulas in Excel and how these formulas can work together to serve as a powerful alternative to VLOOKUP. This will be demonstrated using a practical Index Match calculation example.

How to Use Index Match Functions in Excel?
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The INDEX function returns the row number result, while the MATCH function returns the position of the lookup value in the array. This combination of the INDEX MATCH Excel Function is particularly beneficial in addressing VLOOKUP's key limitations: it cannot be used to search the table from left to right. The INDEX MATCH Function, on the other hand, can easily achieve this goal.

Index Match Excel Formulas
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=index(array, row_num, [column_num])
=match(lookup_value, lookup_array, [match_type])

Arguments in Index Function:
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Array: It denotes the column or array from where the value is needed.
Row Number: This specifies the row in the given array from which the result is required.

Arguments in Match Function:
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Lookup Value: It denotes the lookup value to be searched in the lookup array.
Lookup Array: It denotes the array or range of cells from which the lookup value is to be searched.
Match Type: This decides the kind of result we need. We can provide the values 1, 0, or -1 depending on the type of match. For an exact match, we can provide “0”.
To know more about the Index Match Function, you can go to this link: - https://www.wallstreetmojo.com/index-match-function-in-excel/

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