Making a long series of dates in Excel without manually typing each day out is quite simple. The easiest way is to type out the first 2 dates that you want in the series, highlight both of them, then drag the small box-handler at the bottom-right down. Excel will automatically fill the subsequent cells below the first 2 cells until the point where you release the mouse button.
But what if you want to fill up the series with only workdays?
Method 1: Fill

Select the first 2 workdates and drag the box-handler down. In the small box that appears, click it and choose: Fill Weekdays.
Method 2: WORKDAY() Formula

Input =workday(A1,1) as a formula and Excel will add +1 workday to the day specified in cell A1. If you change the digit in the 2nd argument to 2, then Excel will add +2 workdays etc. Issue with this method is that you could in theory, get the same day listed twice in the series, per the example above.
Method 3: IF() Formula

Using a slightly more complex formula, construct an =IF() statement to compute the day of the week. In this case, the formula =IF(WEEKDAY(K2)=5,K2+3,K2+1) determines if the date above is a Friday, or weekday=6, and adds 3 to the date. Else, it will add 1 day.
Method 4: SUM()

This is perhaps the coolest method I’ve seen yet! It’s a lot more flexible than Method 3 above, as you can add/subtract various days to the series depending on what day of the week it is. To break it down:
=WEEKDAY(A2) will first determine what day of the week it is. Excel will return a number 1-7 with Monday=1 and Sunday=7.
=CHOOSE(WEEKDAY(A2),1,1,1,1,3) will then return the numbers 1 or 3 depending on the day of the week. Notice that we do not provide more than 5 choices for =CHOOSE(). We don’t need to because for our weekday only series, we never get to Saturday (weekday=6) or Sunday (weekday=7). It is only a Friday when we need to add 3 days to get the series back to Monday i.e. weekday=1.
=SUM(A2,1 or 3) just adds the variable from the above bits to the date in A2.
Note: =weekday(a,b) actually has 2 arguments: b is optional. Argument b can be used to determine the starting day of the week whereby Monday can then hold the values 0, 1 or 2.
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PS: This how-to was done on Excel 2007 with default Malaysia regional settings where Monday = 1st day of the week.