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Improving math between first and second round

Case Maths
New answer on Nov 21, 2021
4 Answers
819 Views
Anonymous A asked on Nov 20, 2021

Hi - I've found in the interviews I've had (MBB) I'm slow on the maths, in particular doing division with non-obvious and non-integers (eg. 103.4 / 48.3). I'm generally fine with all the other obvious functions.

Any tips for division? I want to work on this before my second round (to which I've been invited).

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Ian
Expert
Content Creator
replied on Nov 21, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

First of all, you're not going to have to divide 103.4 by 48.3…that's absurd! My first tip is to understand the “limit” of what will be asked in a regular case…you'll want to prepare for that.

Now, in terms of how to improve your math, I'd recommend the following:

  1. 100% Recommend Rocket Blocks
  2. Online "Drills": https://www.preplounge.com/en/mental-math
  3. Math sheets (print these and do them on paper): Google Math Drills sheets
  4. In addition to that, you can ask other PrepLoungers to case you on math-heavy cases. You can also search for those case types here and work through them yourself.

Some key formulas/concepts:

  • Breakeven
  • NPV (with + without growth, perpituity + 1-2 years from now)
  • % Change
  • ROI
  • Margin
  • Markup
  • Inventory turnover

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Some great answers from a variety of angles have already been asked. Check these out!

Mental Math

https://www.preplounge.com/en/consulting-forum/mental-math-help-7962

Conceptual/Contextual Math

https://www.preplounge.com/en/consulting-forum/materials-for-practicing-conceptual-case-math-8016

Key Math Equations

https://www.preplounge.com/en/consulting-forum/math-equations-their-use-7934

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Clara
Expert
Content Creator
updated an answer on Nov 21, 2021
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello!

Congrats on making it to 2nd round!

I don´t think you will see yourself many occasions doing math like the one that you mentioned in your question tbh. 

In any case, given that getting good at math will always be helpful for recruting in general, have you seen the PrepL tool? https://www.preplounge.com/en/mental-math

Hope it helps!

Cheers, 

Clara

(edited)

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Pedro
Expert
replied on Nov 20, 2021
30% off in April 2024 | Bain | EY-Parthenon | Roland Berger | Market Sizing | DARDEN MBA

You should have a look into this useful preplounge tool: https://www.preplounge.com/en/mental-math

Just be aware that you would usually do a quick estimative for the non-obvious/non-integers, and not a exact calulation.

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Lukasz
Expert
Content Creator
replied on Nov 20, 2021
McKinsey | Manager | 200+ successfully prepped candidates | Case study | PEI | Fit interview

Congrats on getting to the 2nd round!

There's nothing that will replace training and practicing math.

As a rule of thumb, I'd recommend you to: 

  • Look into GMAT resources for math training (or similar - e.g., McKinsey PST training tests). There is a number of free and paid books/tests/tools that you can practice with to improve on this one.
  • Check out math training on YouTube - just search for the topic you need to get more proficiency on!

Also, remember that there's not always a need to calculate very accurate numbers during the case. You should get comfortable with rounding them - you can do it as long as the accuracy of the final result will be sufficient to justify your recommendation.

Hope it helps!

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Ian gave the best answer

Ian

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