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The tutorial covers six types of password protection in Microsoft Excel. It explains how to add a password for opening a file, as well as for modifying it. The content also includes workbook and worksheet protection, and how to add a password to a VBA project. To set a password for opening an Excel file, start with a blank Excel file, save it with a name (e.g., "test file one"), and navigate to the 'Tools' menu. From there, access 'General Options' to set the desired password options. This ensures that anyone attempting to open or modify the Excel file will be prompted for a password.