Financial Analyst Test

When looking to fill a financial analyst position, it's important to make sure that the candidate has the skills necessary to do the job. A financial analyst skills test can help ensure that the candidate is a good fit for the position.

  • What is a financial analyst skills test?

    The financial analyst skills test is a straightforward pre-employment assessment that is designed to allow candidates to demonstrate that they have the right level of skill, knowledge, and aptitude to be successful in the role. The test is most useful early in the recruitment process to help narrow down large candidate pools, reducing the cost of recruitment both financially and in terms of time.

    Candidates are invited to complete the test online, and the test is structured as a series of multiple-choice questions related to the specific skills and competencies that are needed for the role.

    For the recruitment team, the simple results show exactly which candidates can demonstrate their skills and apply them to work-related situations. This data can then be used as a reliable and unbiased way to select the top performers to take further into the recruitment process.

Jump to a section on this page:

  1. What is a financial analyst skills test?
  2. What are the benefits of using the financial analyst skills test for pre-screening?
  3. How our test measures financial analyst skills
  4. Financial Analyst Test FAQs

Identify the best candidates and hire faster

Our pre-employment tests let you drill down to the best candidates at the click of a button.

  • Find those candidates who will excel in the role.

    Select the assessments that match the skills or behaviours for the position. You can test for software or coding competency, soft skills like teamwork, or personality traits, to be sure those who pass have high potential.

  • Reduce costs and time.

    No more laborious sifting of resumes or cover letters. Pick your ideal assessment mix, invite your applicants to take them, see the results in your dashboard. Get to the interview stage fast.

  • Eliminate bias.

    All your candidates take the assessments on a level playing field. Only their results determine whether they get shortlisted.

  • What are the benefits of using the financial analyst skills test for pre-screening?

    Financial analysts work with banks and businesses to assess whether projects or companies are worthy of investment, and they also offer advice on improving financial performance.

    A financial analyst interprets the data from financial reports, their own knowledge of the markets, and stock performance to identify potential investment opportunities and minimize risk. They produce charts and graphs from their analysis, and create financial models to demonstrate recommendations for investment and expansion, as well as the benefit of cost-cutting ideas and ways to grow revenue.

    Financial analysts require some specific qualifications, such as a degree in economics, accounting, or finance. Some companies prefer applicants to be certified by the Chartered Financial Analyst Society or the Chartered Institute for Securities and Investment. These prerequisites are often used as part of the initial paper sift, alongside other requirements like experience. A glance through a resume or application form will show which candidates have the qualifications and experience - but the deeper skills are not so easy to assess in a resume.

    The financial analyst skills test looks at specific attributes that are related to the role. Financial analysts need strong numerical reasoning, analytical and critical thinking skills, and project management skills, but they also need to have excellent interpersonal skills like communication and teamwork for the best chance of success.

    With the financial analyst skills test, each candidate is given the same opportunity to demonstrate their skills and knowledge, and the recruitment team can directly compare the results to choose the top performers for the next stage in the process. The data is simple to read and a useful, unbiased source of information that can be used to ensure good hires.

    The financial analyst skills test is suitable for use in the hiring process for roles that need a grasp of finances and analysis, including financial consultants.

    The financial analyst test is also a useful recruitment tool if you’re hiring for any of the following roles in financial services:

More Job Skills Tests

How our test measures financial analyst skills

Test questions are designed to assess industry-specific technical skills, soft skills, aptitude and suitable personality dimensions. Our data-driven approach provides results that enable you to determine how suited is a candidate for the role.

Depending on the type of question, the format of the test may vary. Multiple-choice questions are used to measure aptitude, technical skills and soft skills, while agreement on a Likert scale assesses suitable personality dimensions. Skills tests ensure that candidates are being evaluated in a precise and impartial manner, their results demonstrating the true knowledge and potential of each test taker.

The characteristics required to be a financial analyst were determined by looking at the skills and abilities listed in the US Department of Labor’s O*NET database, which collects data from professionals in various fields.

O*NET is the largest database of its kind, providing detailed information about occupations and the requirements for each role.

Our team of I/O psychologists and psychometrics worked closely with subject-matter experts to create an extensive question bank that can be used to test multiple candidates. We also conducted rigorous field testing with a representative sample of candidates to ensure that the questions were reliable and valid.

Test scores are averaged together to give an overall score. The average score is compared to other candidates' scores to ensure there is no bias toward certain candidates.

Our financial analyst test is constantly updated and optimized to ensure the best experience and results.

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Validated

Predictor of job success

Picked provides evidence-based recommendations for tests to use for over 750 jobs. Our recommendation engine leverages data from the Occupational Information Network (O*NET) developed by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA).

  • Assessments

    A full suite of assessments

    Our platform comes with 12 tests across both foundation and advanced levels so they’re suitable for everyone. Including aptitude, behavioural and personality tests, you’ll have a full range of tests to help you find the candidates you’re seeking.

  • Analytics

    An array of candidate metrics

    For each of your candidates, you’ll be given a comprehensive report. Included will be all the metrics you need to build a detailed picture of each candidate and ensure you’re making the right hiring decisions.

“The platform is so simple to use. I had used competitor providers for over six years and will never go back. Fast, efficient and friendly!”
Greg Chambers, HR Business Partner, Littlefish Ltd
Greg Chambers, HR Business Partner, Littlefish Ltd

Financial Analyst Test FAQs

What are the key technical skills of a financial analyst?

A financial analyst needs to have an excellent grasp of numbers and great analytical skills. They also need to have excellent communication skills to be able to share details of their findings with investors and stakeholders, and they need to be able to manage their time.

Can I use this test to evaluate soft skills?

This test can be used to evaluate soft skills that are relevant to the role of a financial analyst, but if you want to get a bigger picture of the soft skills of the candidate you can choose another soft skills test such as project management, time management, communication, or leadership.

Can I see what the test is like?

Yes, of course. You can try the test for free by signing up for a free trial.

Are these tests available in my plan?

We have a range of plans available. The difference between the plans is the number of test attempts permitted, not the type of tests. All our plans include our full test suite comprising all tests and all levels.

“An unbeatable service, impressive platform and fantastic value for money.”
Laurence Fishman, Partner, NLPCA
Laurence Fishman, Partner, NLPCA

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