Investment Banker Test

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

  • What is an investment banker skills test?

    Investment bankers give financial advice to individuals, companies, and sometimes even governments on how to manage and increase their finances. They can also support activities such as mergers, capital raising and acquisitions.

    An investment banker skills test is specifically designed to analyze the skills, knowledge and experience of prospective investment bankers, to help employers and recruiters make stronger hiring decisions.

    The timed test can be used as an effective pre-screening device (we recommend before looking at resumes, but it could be used just after as well) to help streamline the recruitment process and ensure only the best candidates are taken forward to the more time-consuming interview stage.

Jump to a section on this page:

  1. What is an investment banker skills test?
  2. What are the benefits of using the investment banker skills test for pre-screening?
  3. How our test measures investment banker skills
  4. Investment Banker 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 investment banker skills test for pre-screening?

    The main benefit of using a skills test when hiring people is the time, effort and money it can save you. Putting candidates’ skills to the test so early on is an effective way to see if they have the level of knowledge you require, before you spend time meeting them.

    It can also help reduce bias in the process, as it gives everyone the same chance to prove themselves, and employers commit to making decisions based on data rather than what they’ve seen on a resume.

    With many applicants appearing almost identical in terms of skills and experience on paper, a skills test gives you a unique opportunity to gather further insight before you go through the time-consuming process of interviewing.

    The investment banker skills test is designed to probe candidates’ experience with investment banking terminology and practices and financial modeling. It also aims to give you a clearer picture of an individual’s mathematical competency, as well as insight into how strong their relevant soft skills — such as communication, time management and accountability — are.

    Candidates who do well on the test strongly indicate that they would be a good hiring choice for the role of investment banker.

    As well as using this test to hire investment bankers, you could also use it if you’re looking to take on a:

More Job Skills Tests

How our test measures investment banker 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 an investment banker 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 investment banker 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

Investment Banker Test FAQs

What are the top skills and abilities of an investment banker?

Investment bankers need to have strong financial and analytical skills, as well as a natural ability for problem solving and logical thinking.

They also need to show evidence of vital soft skills such as communication, time management and accountability.

An applicant showing evidence of all these skills should make a well-rounded investment banker.

Can this test assess software skills?

Yes. The investment banker soft skills test can also assess key software skills such as competency for Microsoft Office programs including Excel.

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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