Online MBA Aided by Drills, Practice, and the Right Courses - August 29, 2010


Online MBAWhen many a business pro decides it’s time to start their MBA, they get a minor shock. That shock has to do with the real probability that they haven’t done any serious number crunching since their sophomore year at college. It was nothing intentional, but their job just didn’t require it. Considering 40% of the GMAT exam is the Quantitative section, these applicants justifiably feel some concern.

As it happens, online colleges are well aware that a large portion of their GMAT students are not number crunchers. The same holds true for the people who actually assemble the exam every year. As such, the GMAT is basically designed to ensure the applicant has a solid comprehension of basic business math. There’s no rocket science.

That doesn’t mean one can slide on the Quantitative section. Online courses provide a number of classes, programs and drills that will help prepare for this section of the exam. So, for those who start getting cross-eyed when they see an accounting ledger, here are some tips on how to prepare for this major portion of the GMAT:

Take Drills In Data Sufficiency – Data Sufficiency is more logic exercise than actual math. A major portion of the Quantitative section is discerning whether one has enough information to derive an answer rather than actually coming up with the answer. It’s also prone to be multiple choice. Make sure the course you take includes a number of problems in this area, and then drill on them until you grasp the concept.

Review Your Basic Math Again – Make sure your choice includes basic review of such fundamental business courses like accounting, economics and statistics. You’d be surprised how much you’d forgotten since you’d graduated from school. Again, make sure the school offers problems and drills to give the left side of your brain the proper exercise you need before taking the test.

Pick Up A Puzzle Book or Two – This is actually not only a very effective way to review one’s math knowledge, but can be a bit of fun. Whether it’s Sudoku or logic puzzles, doing them will reinforce what you are trying to remember, and apparently have a number of uncanny parallels to the questions that the test taker will face.

Take It Slow and Tailor To Your Needs – When it comes to math skills, one person’s strengths is another’s weakness. Discern your own plusses and negatives. From there, while you should not ignore what you’re good at, spend extra time on what doesn’t come naturally. Again, find drills and exercises within your course to help you in these areas. Your online course will undoubtedly have plenty of them.

One last important tip, and that is the GMAT isn’t designed to be loaded with trick questions. While the business world does need its share of people who can navigate around economic progressions or an accounting ledger with extreme ease, it also needs people who only need the basics. Get the fundamentals down and you will have no issues with the Quantitative section of the GMAT.

Retail Merchandising Math - August 25, 2010


Retail Merchandising MathIf you paid attention in school you discovered that business mathematics involves a great many different skills: appraising and interpreting tables, charts and graphs; determining special discounts and markups; working out issues related to percentage, ratio and proportion; ascertaining unit prices, full costs, scaled expenses for receipts; budgets; funding; credit; costs examined against cash; knowing income, payroll taxes and deductions; analyzing federal income tax yearly reports; comparing different financial investment methods; knowing taxes including sales, utility, property as well as other various fees; assessments of insurance programs; awareness of costs of manufacturing, and assessing business efficiency. All of which I am sure, unless you were an accounting major, had limited appeal.

But now that you are on the job you may well find that both an appreciation of the overall structure as well as a knowledge of the fundamental calculations involved is required. While computers are, without question, able to do most of the basic arithmetic functions required and everything seems simple and straight forward. Just put numbers into the program and get accurate numbers out to help you manage your business responsibilities.

Although everything about this process seems simple enough, it is still critical that you have the ability to understand the final results. Accuracy is also required when putting numbers into an application. As opposed to simply trusting software, it’s important you have your very own knowledge of the basic formulas and reasons for using mathematics. Such a knowledge will certainly be valuable and will stay with you for life.

One of the challenges is to find a source of specialized business math information that focuses on the practical applications required for an every day retail business and won’t take your time to teach math theory or formulas you won’t be needing on the sales floor. Should your career take you in those directions where advanced understand of more advanced concepts is required, those skills can be learned once the basics have been mastered.

It is important to understand that the skills required for daily retail selling operations can be efficiently managed by individuals with average-level mathematical ability. Even though you didn’t pay enough attention in school to the specifics being taught, if you can manage your own finances, you are more than capable to learn retail business math.

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Business Math - August 20, 2010


Business MathNo matter what some people may say, business math is a very important subject that you need to know. In fact, custom business mathematics is imperative if you are thinking about running a business or something similar in the future. Or if you are already running one, then you could get custom math help if it’s not up to speed.

Knowing business math can help you to analyze better and can provide you with solutions to math problems such as statistics, economics, calculus and trigonometry. These math subjects are part of custom math classes that students take. Unless you are very savvy in math, some of these courses can be difficult and a little tricky.

Business mathematics help is available to those in need. Tutors who are skilled in this arena will provide problems where they can help you with custom math answers. They will also teach you how you can custom calculate the math answers.

Some may conduct custom business math help online, others may not. Some use the computer while others prefer training and thinking method. They feel that anyone could go on a computer and get custom math answers to business mathematics questions. It’s better for you to work on figuring out the answers the old-fashioned way, using your brain. The tutors specialize in providing you with custom business math help that you can understand and eventually be able to solve on your own. The problems are detailed, so that you will know what to do.

Having someone that can help you work to get your custom math answers is a plus. As you start getting the hang up it, you will be able to calculate the math answers with ease. If you want to get a better job and you are not good in business mathematics, then it’s a good idea to get custom business math help so that you can be on top of things.

You will need to focus on understanding the formulas and how to use them to get the math answers. The tutors should provide you with step-by-step instructions that you will be able to follow. They will show you how they were able to figure out the answer and then expect you to do the same with other business mathematics problems.

Being able to master mathematics for business can help you to get a better job or a promotion at your current job. The important thing is that you need to stay abreast of what’s going on. Getting behind only makes it worse. Math is not one of the easiest subjects around for some people. Business math is specialized, so that means you would have to pay attention even more in order to get it right.

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