Best 40 Excel Books for Data Analysis & Business Modeling

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[Note: This blog post contains the best 40 Excel books for data analysis and business modeling. I’ve also listed here the best books for financial & scientific data analysis, data visualization, SQL, and other necessary books to prepare you as a complete data analyst. – Kawser Ahmed, Founder]

Analyzing data, taking the business decision based on the data has become the core part of a business.

Genius data analysts (with the help of world-class programmers) are making complex algorithms just based on every data they can collect.

In the blink of an eye, computer-generated algorithms are making billions of dollars trades every day.

Businesses are monitoring every step of their customers, taking an important decision based on the collected information.

Smartphone applications are tracking people everywhere. What they’re liking on Facebook, where they’re checking in for some foods or travel, what products they’re searching on Google; all are important information for businesses now.

So, data and data analysis is the indispensable part of a business 😊

Read More: Best 39 Excel Book for Advanced Users [Ultimate Resource]

The demand for data analysts has made them the top-paying professionals in a business.

If you want to be one of them (high paying professionals), be a nerdy data analyst 😊

So, you might think that whether Excel is the best tool to be one of them.

No, Excel is not the best tool and not the only one.

But as a starting tool and for small business decisions, it is the best tool.

On this page, I’ve collected the best books that will help you perform better data analysis with the business information.

Excel was always the best and easy-going tool for data analysis and will be in the future.

Read More: Best 14 Power BI Books for Business Intelligence

The Best Book for Data Analysis with Excel

Want to just choose one book for starting your data analysis career?

Choose Wayne Winston’s book on Data Analysis: Microsoft Excel Data Analysis and Business Modeling (5th Edition)

It’s the fifth edition and it is for Excel 2016.

Read More: Best 78 Excel Training Books for Beginners, Data Analysis & Advanced Users

There are other versions of this book. Here they are:

Why is this book best for mastering data analysis?

Data Analysis and Business modeling Excel Book

Best Data Analysis and Business Modeling Book (Excel 2016)

There are several reasons, I have chosen this book as my top book to master data analysis with Excel.

Here are a few:

#1 Book materials

This book has covered almost all the materials to analyze data with Excel. The version I use (written for Excel 2013) has 889 pages with 87 chapters.

#2 About the author and the book

  1. He has his own consulting firm and uses the same techniques (taught in the book) for solving his clients’ business problems. So what you will get is the real-world problem-solving approach.
  2. He is teaching data analysis and business modeling to MBA students at Indiana University (Kelley School of Business) for the last 20 years.
  3. He has taught thousands of Fortune 500 corporations analysts.
  4. The chapters are short. At the end of every chapter, you will get practicing problems (in total more than 600) with solutions (the best part).


  1. If you want to learn data analysis and business modeling from a single book
  2. Want to learn with the real-world data analysis approach
  3. And want to solve real-world problems after every chapter

Buy this book: Microsoft Excel Data Analysis and Business Modeling (5th Edition)

More Excel Books for Data Analysis

Data Analysis with Excel and SQL

Statistical Data Analysis with Excel

In a sense, data analysis means actually statistical data analysis. But I am making a different list here. This list consists of books that focus wholly on statistical analysis using Excel.

Data Analysis with Power BI and Power Pivot

Scientific Data Analysis with Excel

Excel book for scientific data analysis:

Financial Data Analysis with Excel

If you’re searching for an Excel book for analyzing your financial data, here is the book:

Data Visualization Books

Why am I referring to these books (data visualization books) here?


You know how to analyze your data but don’t know how to make the presentation of your analysis, then you only the 50% of the data analysis.

And even knowing the data visualization techniques can improve your data analyzing power.

And this list contains the best books on data visualization, hand-picked by me, and very carefully selected.

SQL Books that you need

SQL is the ultimate tool to analyze millions of rows of data. Learning some SQL techniques can boost your data analysis ability hugely. This book is one of the best in the SQL category on Amazon.

So, this is a complete list of data analysis books that you can use or buy. If you’ve any other important books, please let me know and I will update this list.

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Kawser Ahmed
Kawser Ahmed

Hello! Welcome to my Excel blog! It took me some time to be a fan of Excel. But now I am a die-hard fan of MS Excel. I learn new ways of doing things with Excel and share them here. Not only a how-to guide on Excel, but you will get also topics on Finance, Statistics, Data Analysis, and BI. Stay tuned! You can check out my courses at Udemy:

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