1. From Inbox, click Rules in the Home tab of the ribbon. A drop down will appear.

2. If a message is selected, you will be prompted with a preset rule tailored to the selected message. Click Create rule to create a new rule. 

3. The conditions of the rule will be auto-populated based on the details of that message. You may change these as you wish. Below, you can set what actions take place when these conditions are met. Options include alerts, or sending messages to specific folders.

4. You can click the Advanced Options button to select more conditions and actions. Once rule is set, click OK.

5. These settings can also be found under File>Rules & Alerts, which will direct you to the Rules Wizard. A dialogue box with templates for the most frequently used rules will appear, which you can select from.