Say I've got a function name in cell A1, like SUM, and some data in B1 and C1. Is there any way to define a formula in one cell such that it calls the formula that is defined in A1 and have it work on B1 and C1 as data?
So something like:
=A1(B1:C1) should be equal to =SUM(B1:C1) since A1 contains the word SUM in it.
Essentially, something like preprocessor macros in C, or function pointers maybe.

You could do it using vba by creating a user defined function in a module:
If you put
SUMin A1, and 1, 2, 3 in B1, B2, B3,=applyFunction(A1,B1:B3)will return 6. It is equivalent to calling=SUM(B1:B3).EDIT
If you really don't want to use VBA, you can create a name (insert name in excel 2003 I think, Define Name in Excel 2010):
eval1)=EVALUATE(A1&"(B1:B3)"), where A1 contains SUM and B1:B3 is the range with the numbers=eval1and it should return the resultBut this approach is less flexible.