Mental Alertness
Quantitative aptitude tests your mental alertness. The business world is a ruthless one, complex challenges being part of the routine. For this to happen, a management executive needs to be mentally alert to the changes happening around him/ her.
Problem Solving
Business people have a lot to think about- profits, competitors, regulations, employees and so on. A major part of his/ her work requires him/ her to find solutions to deal with various such problems. Hence, it is an essential skill.
Numerical Ability
Numbers play a crucial role in businesses and commerce in general. Profit and loss calculations, sales and investment analysis and many 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, becomes an important pre- requisite for management and business personnel.
Analytical Skills
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 which are crucial for growth. Therefore, quantitative aptitude is important.
Accuracy
Quantitative aptitude helps in accuracy. Given that numbers, percentages, graphs, formulae, analysis are at play, it is crucial to be highly accurate with data, as there is a good scope for errors.
Quantitative Aptitude is thus important, as the nature of future jobs demand certain amount of numerical ability.
-Rambabu.M- Faculty