Did you know that between 60-70% of candidates are screened out of grad scheme applications at the numerical reasoning stage?
Numerical reasoning is one of the most commonly used psychometric tests as a performance indicator for graduate recruiters (and not necessarily just consulting!).
Numerical reasoning assessments are designed to indicate how well a candidate can process a large amount of information in a short period of time, as well as showing the degree of a candidate's numerical literacy. Consultants often have to use data given to them by the client, in conjunction with publicly available data, to calculate the most effective solutions to the clients' problems. Therefore, the skill of processing vast quantities of data quickly and accurately is essential. This means that the numerical reasoning assessments play a crucial role in the application process.
There are several different styles of numerical reasoning assessments. One of the most common types is where there is a fixed set of datasheets (typically around 7) and then all of the questions in the test require information from one, and only one, of the datasheets. The questions can either be a statement where you have so say whether it is true, false, or cannot say, or a regular question where you have to select the answer from a selection of five. Another common style of assessment is where you get given a data sheet and there are then a series of questions on this sheet, typically 3 questions per sheet. Practicing tests in these styles will be particularly useful, however, candidates should try and find more detail about the specific test they will be taking.
Below are a list of top tips to help improve your score quickly:
Practice as much as possible - after all, practice makes perfect
When practicing, try and recreate the test environment as accurately as possible (same room, time of day, timings)
Always check the units
Learn mental maths tricks
Become familiar with using a calculator quickly
Learn how to use ratios
Learn how to convert currencies
Find out if that specific test is positively or negatively marked and use this information accordingly for your strategy if you are short on time
Pair up - if maths isn't your natural forte, practicing NRT's can make you want to pull your hair out. Practicing the tests with someone can make the process much easier and sometimes even (dare I say it) "enjoyable".
Haven't brushed up on basic formulas since GCSE? We've got you covered.
Take a look at our Numerical Reasoning "Cheat Sheet":
The "Cheat Sheet" compiles a list of the bog-standard formulas that you will be expected to know when tackling numerical reasoning questions.
Print it out, copy it down, bookmark the page - whatever works best for you! A formula cheat sheet is a great resource for both practicing and having in front of you for the real thing.
We've also included some of our favourite resources for practicing NRT's. NB: Some of the websites do require you to buy a practice package. The most expensive packages tend to be around £40 and offer a whole bank of tests, along with personalised feedback and progress reports. If you think about it, £40 is equivalent to around 4 Uber journeys, or 3/4 takeaways... As much as it may pain you, skipping that door-to-door chauffeur service, or not succumbing to your UberEats/Deliveroo desires could be the difference between you landing your dream internship or grad job... I'd say it's 100% worth it!
And if you're not quite ready to make that sacrifice but still want to buy the tests... Pair up with a friend, split the cost, and use the same login details ;) Good luck!
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