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Head over to the Excel Developer Center and find out how to utilize the SDK to expand and simplify Excel!
https://msdn.microsoft.com/en-us/office/aa905411.aspx
Professors
Excel is widely used by managers and people who hire, having the knowledge of how to not only use Excel, but to program it is a super benefit for your students during the interview cycle.
College Students
Think about it: What do managers use everyday? Excel, being able to talk about Excel is an excellent conversation during the interview cycle!