Quantitative Analyst Test

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

  • What is quantitative analyst skills test?

    The quantitative analyst job skills test is a pre-employment assessment that is used as a part of the recruitment process for a quantitative analyst role, focusing on the job-related skills, aptitudes, and competencies that are needed for success.

    Applicants receive a link to complete the test via email, and they answer the multiple-choice questions in their own time, usually at home. Every candidate has the same opportunity to demonstrate that they have the required skills and competencies through their answers.

    For the recruitment team, the quantitative analyst skills test is simple to administer to a large number of candidates at the same time, and the immediately available results will show which applicants have demonstrated that they have what it takes to be successful in the future, making it a data-driven way to choose the highest performers and increase the efficiency of the process.

Jump to a section on this page:

  1. What is quantitative analyst skills test?
  2. What are the benefits of using the quantitative analyst skills test for pre-screening?
  3. How our test measures quantitative analyst skills
  4. Quantitative 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 quantitative analyst skills test for pre-screening?

    Quantitative analysts are sought-after in all different industries, helping businesses make important decisions based on data gathering and analysis. With such a wide range of applications for the role, choosing the best candidate can be a challenge.

    Most recruitment teams will have specific requirements when it comes to qualifications and experience for the role they are advertising. Paper sifts of resumes and application forms are usually looking for candidates that meet the basic criteria of at least a degree in computer science, for example - but there are other skills that a quantitative analyst needs to be successful and they need to be able to apply their knowledge in work-related situations.

    With the requirement to work with large amounts of data, quantitative analysts need to be able to code algorithms and be confident working with database applications - but they also need to be able to communicate results and predictions as well as provide structured advice about the right decisions to make. They need to be able to work with others to get the right results, and have an excellent grasp of the business and the wider industry in which they work.

    With the quantitative analyst test, the questions are focused on looking at skills like organization, time management, and numeracy, as well as decision making, leadership, and teamwork. Coding skills like Python and R, and database system knowledge like SQL and MATLAB are also important to the success of a quantitative analyst.

    For the recruitment team, the quantitative analyst test is a quantifiable data source that removes the potential for any conscious or unconscious bias, creating a data set where the best candidates are those who score highest - these are the ones that have demonstrated that they have the right level of skills, competencies, and aptitudes to be a good fit for the role.

    Using the quantitative analyst skills test reduces the cost and time associated with lengthy recruitment processes, and by ensuring that the best performers are backed with data, it also reduces the risk of an expensive bad hiring decision.

More Job Skills Tests

How our test measures quantitative 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 quantitative 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 quantitative 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

Quantitative Analyst Test FAQs

What should I look for when hiring a quantitative analyst?

Quantitative analysts should have excellent logical minds, as well as the ability to communicate effectively and work as part of a team. They also need to be able to use programming languages and databases.

What other tests can I use to hire a quantitative analyst?

Other tests that you might want to use to hire a quantitative analyst include specific programming or software assessments, like Python, R, and CSS. You might also want to focus on judgment and decision making or look more into leadership, depending on the seniority of the role.

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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