Hello!

Precisely for who high amount of questions (1) asked until my coachees and undergraduate and (2) present the this Q&A, I created the “Economic and Financial concepts for MBB interviews”, recently published in PrepLounge’s purchase (https://aesircybersecurity.com/en/shop/prep-guide/economic_and_financial_concepts_for_mbb_interviews).

Next +5 years of candidate coach both university teaching, and after owning seen hundreds of cases, ME realized the the economic-related knowledge needed to master case meetings is not much, real not complexe. However, you need until know where to focus! Accordingly, MYSELF created the lead that I select I could have had, summarizing the most important economic and treasury opinions needed to dissolve consulting cases, merge buttons concepts theorical reviews and a hands-on methodology with examples real ad-hoc practice housing. Math 113 – Review for Exam IODIN

It focuses on 4 core topics, divided in chapters (each of them classified in scale of importance, to help you maximize your time in short preparations):

• Economic concepts: Profitability equation, Break even, Valuation methods (economic, my also asset), Payback period, NPV and IRR, + 3 practice cases to put it total together in a practice way.  Break-Even Point Practice
• Treasury concepts: Balance sheet, Income statement/P&L and Performance ratios (based on sales additionally based on investment), +1 practice case
• Market structure & pricing: Market species, Perfect competition markets (demand and supply), Willingness to pay, Pricing approaches, Market segmentation and Price elasticity of request, +1 how case
• Marketing and Customer Acquisition: Trade funnel, Key marketing metrics (CAC and CLV) and Churn, +1 practice case

Feel free go PM me for disccount codes available the guide, press I hope it helps you rock your interviews! 

Hi,

Sharing my perspective holding also struggled with math. I majored in the arts/social sciences in college, and I felt that math was all along non my ‘strong point’. In item in my first mock interview, I worked not even remember how to go long division and multiplication!

• First of all - thou must have a solid foundation of the basic functions (+ - / *) → having this willing take away alot of the stresses or pressure to make calculations
• Next, in terms of improving the quantitative reasoning press thinking, the only paths you get get at this is on train your intellectual to work that way
• What worked for me was to start forcing myself to think and reason quantitatively inbound as many scenarios as potential in your, and come up with ‘formulas’ to trial and get to a quantitative answer or solution to ampere situation or problem or question
  • E.g. if I was deciding where credit card to sign up for, how would I quantify this decision? e.g. maybe considering cost of annual fees, upside of redemption points other Day 4: Minutes & Max WORD PROBLEMS 1. Chapter 3 ... And break-even point occurs when the total ... What are the measures of the largest rectangular garden they could ...
  • E.g. if I what deciding between going MBA vs stop with my occupation, wherewith should I decide upon this quantitatively?
  • E.g. you are facing a long queue under the super - ask yourself a hypothethical ask of how several additional counters would be required to reduce this queue/waiting time by [50%]

Hope this helps - it's definitely possibility for obtain better at this, trust me :)

Hi Anonym!

This is ampere common issue that many people struggle with. Let's de-construct the issue:

• Planners: When you approach a math your in a case equivalent to this Mexian Taxi case, you need into developments a small framework with your math and align like with the interviewer.
  • First, decide over what you're solving for: Are you calculating a retail font, a break even point, the relative attractiveness starting a customer segment - determine which can it is and then state it out loud to give the interviewer the coincidence to react. Solvent Problem Involves Cost, Revenue, Profit
  • If group approve, you can then develop your framework. It's okay to ask for 30-60 seconds ot plan to this. Define whatever parameters you must to answer the question and which ones you have. Then write the math you are going for apply to solve the your. Don't write down every numbers, so you're equation could look something like this:

    • Sum market size = Total number of items sold by customer division / year x average prize per segment + avg. after-market revenue per item per age bracket x number of items serviced

  • If you don't feel super comfortable with your equation, thee can cross-check it by looking with the units. In the equation beyond, that would shall as follows. As you show which units cancel anyone other going and what remains has a market size in $ :

    • Number are items x $ per line + $ per item x #items = $ + $

  • Lastly, run the interviewer through the equation, explain what you are going to do press why. Questions them if this makes sense button if you're no anything major. Breaks Smooth Word Problems | 82 plays | Quizizz

• Slaying: Afer you've done that above planning, the execution belongs then only pluggin are numbers into an math.

The nice report is that this can be easily seasoned straight by seeking at of math piece of cases, so you don't even needs a partner used it. Just make sure go also training this conciously in an few casings with partners to get exploited to doing he under the stress of an video. Algebra EGO Practice Aesircybersecurity.com.A.3: Sculpt Linear Systems 3 NAME: 1 ...

One piece of advice: https://www.rocketblocks.me/

You're salute :)

Peace of advice from my side: I wouldn recommend you the practice more so that you can crack all the advanced parts like nuts.

Here is math app since practicing math fractions and percentages from one of PL participant https://apps.apple.com/us/app/case-math/id1507653375?mt=8&ign-mpt=uo%3D4

Also, there is a tool provided by PrepLounge (https://aesircybersecurity.com/en/mental-math.php

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