CAT / #Quantitative Ability

October 02, 2017 @ 11:35 PM

October 02, 2017 @ 11:35 PM

Why are you tested for Quantitative Aptitude?

Importance of Quantitative Aptitude | how to crack competitive aptitude | MBARendezvous

Published: Tuesday, 3 October, 2017 10:00 AM

Why are you tested for Quantitative Aptitude?

Quantitative aptitude measures numerical ability and problem solving skills of candidates. It forms an important part of almost all competitive exams, such as CAT, XAT,MAT, NMAT, CMAT, IIFT GMAT and so on. It is one section which is used to filter out candidates as not everyone has the skill sets required to sail through this section. On the contrary, people who are good at it, have a chance to convert it into a highly scoring section and enhance their chances of cracking the entrance exam.

1. Mental alertness

Quantitative aptitude tests your mental alertness. The business world is a ruthless one, complex challenges being part of the routine. Also, a business concern needs to keep an eye on the competitor and stay a step ahead. For this to happen, a management executive needs to be mentally alert to the changes happening around him/ her. A person having an aptitude for numbers, will invariably have a sharp mind.

2. Problem solving

Businesses have a lot to think about- profits, competitors, regulations, employees and so on. An entrepreneur or a management executive struggles with challenges every minute. A major part of his/ her work requires him/ her to find solutions to deal with the problems. Not everyone can do this effectively. A person with quantitative aptitude will be better equipped to handle the problems. The person will possess a knack for looking for solutions for the problems. Therefore, quantitative aptitude is tested in various competitive exams. 

3. Numbers

Not everyone is good with numbers. Numbers play a crucial role in businesses and commerce in general. Balance sheets, profit and loss calculations, investment analysis, all of these and other such functions require the individual to be comfortable with numbers as he/ she will have to deal with all kinds of numerical data on a day to day basis. Quantitative aptitude, therefore, forms an important pre- requisite for courses such as MBA.

4. Analysis

An integral part of possessing quantitative aptitude is analysis. Numbers amount to nothing if proper and correct analysis does not accompany them. Analysis forms the backbone of businesses today. It helps a company formulate short term and long term plans, crucial for growth. A person with a quantitative aptitude will be in a better position to analyse and make sense of the data given. Such a person will also be at ease with numbers. Therefore, quantitative aptitude is an important measure for a prospective business executive’s abilities.

5. Accuracy

Quantitative aptitude also ensures one’s accuracy. Given that numbers, percentages, graphs, formulas, analysis are at play, it is crucial for the executive to be highly accurate, as there is little scope for errors. An error can lead to major losses. Hence, quantitative aptitude forms a significant part of most competitive exams.

Most competitive exams, CAT, XAT, MAT, NMAT, CMAT, IIFT GMAT and other MBA entrances in particular, give immense weightage to quantitative aptitude of a candidate, as the nature of their future jobs demand that they have a certain amount of numerical ability. 

Important links on Quantitative Ability for your preparation

100 Mock Questions on QA

Complete Module on Quantitative Ability

Stay informed, Stay ahead and stay inspired with MBA Rendezvous

Crucial Dates, You Should not Miss

XAT 2018
Application Last Date 30th November 2017
IMI New Delhi
Application closes 4th December 2017
XIM Bhubaneshwar
Last Date 8th December 2017
SIBM Bengaluru
Apply for SNAP 2017 to be held on Dec 17 and apply for SIBM-Bengaluru through the SNAP Form
Institute of Rural Management Anand
IRMASAT will be conducted on February 4,2018, Apply Before December 31,2017
IBSAT 2017
Last date for IBSAT registration is December 12 , 2017
SSBF
Last date to register for SNAP is 24th November, 2017. Last date for SSBF is 2nd January 2018
SIBM Hyderabad
Apply for SNAP 2017 to be held on Dec 17 and apply for SIBM-Hyderabad through the SNAP Form
K J Somaiya Institute of Management Studies & Research, Mumbai
Last date for Application is 31st Jan, 2018
SDMIMD Mysore
Application for PGDM 2018-20 at SDMIMD is open till February 28, 2018
Institute of Management Technology
Application closes on November 24, 2017
MDI Murshidabad
Application for PGPM 2018-20 at MDI Murshidabad is open till November 24, 2017

Show More

Admission Open Now

Following Colleges are accepting applications.

INTERNATIONAL MANAGEMENT INSTITUTE

Admissions open for 2018-20

PGDM, PGDM (HRM), PGDM(B & FS), Executive PGDM

Apply Online