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1) If you mean "Edit" menu, It's not in Excel2007 or later versions. It exists in Excel2003 or previous versions.
The short cut to open the Edit menu is simply: (ALT+E)
2) But if you mean (Edit cell). press (F2) button.
MANY WAYS
CTRL + ' EDIT & COPY
F5 GO TO & EDIT
IN ADDITION TO
CTRL + C COPY & EDIT
CTRL + X CUT & EDIT
CTRL + V PASTE & EDIT
Ctrl+C========CopyEdit, Copy
Ctrl+D=========Fill DownEdit, Fill, Down
Ctrl+FFindEdit, Find
Ctrl+GGotoEdit, Goto
Ctrl+HReplaceEdit, Replace
For Menue "ALT+E"
For Cell "F2"
f2
Double click at the required cell
Press F2
F2
F2 FOR CELL EDIT OR DOUBLE CLICK THE CELL YOU WANT TO EDIT