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Acing the Numerical Reasoning Test of Management Consulting
A numerical reasoning test not only measures your ability to handle numbers. More importantly, it measures your ability to analyze, interpret data, and think logically. This ability is a prerequisite for positions, such as management consultants, who must deal with financial reports, salary structure, market figures and other quantitative documents. They must review the information meticulously to be able to generate effective and practical solutions for their client.
This is the reason why many companies administer the numerical reasoning test to candidates. For recruiters, it is an effective tool that distinguishes the best from the good. If you are scheduled for this test, make the most of it. Management consulting is a very popular career; so many applicants would go the extra mile just to get a job in this industry. There are specific ways to prepare for this challenge, and they are expanded upon in the following paragraphs.
The first thing to do is to reinforce your basic mathematical concepts. If you are already familiar with the MDAS rule (multiplication, division, addition, and subtraction), move on to ratio, fraction, percent, and word problems. Since you already passed this subject in high school, it won’t be an overwhelming preparatory step. All you need to do is open a math textbook, familiarize yourself with the rules, and answer a few exercises.
Also acquire knowledge on reading tables and graphs. You need to know when to use them and how to interpret the data included. Don’t overlook the description or legend embedded in the issue; otherwise, you will arrive at the wrong hypotheses and answers. It is better that you become skilled at this. Since this is what professional management consultants do, many questions of interpretation will certainly be raised in this test.
It is also necessary to improve your calculation speed. What makes the numerical reasoning test difficult is its time limit. As you practice answering math questions for fluency, try to watch your pace. This will help you manage the pressure during the actual exam. Using math tricks is another way to speed up your calculation. Search the Internet for shortcut methods and see if they apply to the problems you are having. Using mental math is another tactic to increase your efficiency. Using the power of your mind, you can reduce the need for manual calculations, saving you time for the more difficult items.
You can also improve your digital skills through games. In your free time, grab a Sudoku puzzle or Rubrics cube and challenge yourself. Games for mental exercise are also available online. Doing these exciting activities in your free time keeps your memory and acuity at a high level. Because they stimulate your mind, they prepare you for any difficult intellectual challenge.
Being aware of what’s going on around you is the most practical way to improve your numerical reasoning skills. When you dine at a restaurant you frequent, try to calculate its monthly income based on the menu and the number of customers. When shopping, estimate how much you need to pay for the items in your cart before you even get to the counter. When a new store opens in your town, guess if it will survive for the next ten years based on the numbers. Using these common situations in preparing for your numerical reasoning test can benefit you.
For the last tip, practice as much as you can. There are tons of free resources on the internet, and you can also buy reviews at bookstores. This gives you confidence on exam day. Additionally, it also makes testing easier as it increases the chances of encountering similar or familiar items. Practice is the best way to learn, and maybe that’s why it’s always placed next to perfection.
When you enter the test center a few minutes before the schedule, be calm. As you answer the items, stay focused. Remember you can do it. Sometimes all it takes is the right mindset to pass the test.
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