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Frequently Asked Questions: Quant - CAT PDF Download

FAQs

Ques: What comprises the CAT Quantitative Aptitude section?
Ans: CAT Quantitative Aptitude simply means an individual’s ability to solve numerical and mathematical calculations in a limited time. It assesses the capability of playing with numbers logically. This is very often required in most competitive exams.

It is always best to go through the syllabus(CAT Quantitative Aptitude Syllabus) curated by the experts on EduRev.

Ques: How to Prepare for Quantitative Aptitude for CAT?
Ans: Quantitative Aptitude demands a lot of practice, and to save time for practicing more, one should adopt all small and simple tactics to increase practice and reduce errors.” One should give frequent mock tests and strengthen the fundamental concept and basics.

We have prepared an Advice to Aspirants: Quantitative Aptitude document for serious aspirants like you to help you understand the quant section better.

Ques: What are the topics covered in the Quantitative Aptitude for CAT Syllabus?
Ans: Following are the most crucial topics to prepare for CAT Quantitative Aptitude Test.

  • Percentages
  • Profit and loss
  • Probability
  • Time and work
  • Simple and compound interest
  • Time, speed and distance
  • Number systems
  • Ages
  • Averages
  • Permutations and Combination

You can study all the topics of quant through the CAT Quantitative aptitude course.

Ques: How do I prepare for CAT Quantitative Aptitude?
Ans: To prepare for CAT Quantitative Aptitude, you need to know the complete syllabus and exam pattern. Choose the best books for preparation like Arun Sharma and NCERT. Dedicate more time to important topics like arithmetic and algebra. Solve as many mock tests as you can.

You can attempt CAT level-wise tests, which have been prepared by referring to the best sources like Arun Sharma, Pearson etc.

Such a dedicated practice will drastically improve your chances of getting an elite 99.xx %ile in CAT.

Ques: Why is CAT QA tough?
Ans: CAT QA is considered challenging by most candidates because most of the questions do not have a direct application of the formulas. The problems tend to be lengthy and time-consuming as well. However, with sufficient practice, QA can be the most scoring section in CAT.

Quite contrary to belief, the QA section is more accessible for a person who practices a lot -  You can check out the Practice Documents & Tests to understand the pattern of questions being asked.

Ques: Is Arun Sharma good for CAT Quantitative Aptitude?
Ans: Arun Sharma is a great study material for CAT Quantitative Aptitude. The examples given in this book are pretty descriptive and easily understandable. The book is categorised into three difficulty levels to help you structure your preparation.

You can study from the notes, tests and practice documents that have been developed by referring to these books. The explanations have been modified to understand even the most challenging topic easily.

Ques: What are the important CAT Quantitative Aptitude tips to crack the exam?
Ans: CAT is not having any defined syllabus. So, candidates are required to prepare from various topics and more or less rely on the previous year question sets of CAT. Thus, to solve this dilemma, they should follow the toppers' trick and expert opinion. Simultaneously a candidate should try to appear in frequent mock tests available online.

Continuous revision, along with frequent mock tests will help you become stronger on basic concepts.

Keep revising the formulae in Quant.

Ques: Which are the best CAT experts Quantitative Aptitude Tips & Tricks to score high in Quant 2021?
Ans: Candidates must check the weightage of each topic in order to decide how much time they wish to devote to that particular topic. It is recommended that candidates focus more on the basic topics like number system and geometry as they hold a good amount of weightage in the CAT entrance exam. Not only in CAT but other top business institutes also cover most of these topics from the QA section. When candidates are done with the basic concepts, they should pick up past year question papers and practice them.

The document Frequently Asked Questions: Quant - CAT is a part of CAT category.
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FAQs on Frequently Asked Questions: Quant - CAT

1. What is quantitative analysis in finance?
Ans. Quantitative analysis in finance is the use of mathematical and statistical techniques to analyze and evaluate financial data. It involves the application of mathematical models, algorithms, and computer-based methods to make informed financial decisions.
2. What are the common methods used in quantitative analysis?
Ans. Some common methods used in quantitative analysis include time series analysis, regression analysis, Monte Carlo simulations, risk management models, and portfolio optimization techniques. These methods help in analyzing historical data, predicting future trends, and managing financial risks.
3. How is quantitative analysis used in investment strategies?
Ans. Quantitative analysis is used in investment strategies to identify and exploit patterns and trends in financial markets. It helps in creating quantitative models that can be used to make investment decisions based on factors such as price movements, volatility, and market sentiment.
4. What skills are required for a career in quantitative analysis?
Ans. A career in quantitative analysis requires strong analytical and mathematical skills. Proficiency in statistical analysis, programming languages like Python or R, and familiarity with financial markets and instruments are also essential. Additionally, problem-solving abilities and attention to detail are highly valued in this field.
5. What are the advantages of using quantitative analysis in finance?
Ans. The advantages of using quantitative analysis in finance include the ability to make data-driven decisions, reduce human bias, and automate processes. It can also help in identifying opportunities and risks, improving portfolio performance, and enhancing risk management strategies.
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