Investment Banking, Banking Numerical Tests Practice
|Financial reasoning and advanced level numerical tests|
|All the tests known to appear in the selection process.|
Investment banking and banking numerical reasoning tests - what are they about?
Leading banks and investment banking companies worldwide use numerical reasoning tests to sift candidates in the primary steps of the recruitment process. This a natural choice for such companies, as the abilities reflected through a numerical reasoning test indicate part of the skills required for entry-level, graduate and management positions.
Candidates are likely to encounter two numerical tests during the selection process - one to be taken from home and one to sit as a verification test at the assessment centre.
Banking numerical tests present statistical data in the form of graphs and/or charts which relate to the business world. On the basis of this data calculations and critical reasoning inferences must be made. Topics include basic financial concepts and mainly the use of simple mathematical functions (percentages, ratios, arithmetic, basic algebra). Usually, the test allows the use of a calculator and there are about 15-30 questions to be completed within 15-35 minutes.
JobTestPrep's testing team constantly edits and adds more items to the our numerical reasoning tests database to make sure they reflect up-to-date trends in psychometric testing, allowing candidates to improve their performance and increase their confidence.
As the above packages offer an array of tests known to appear in the selection process of top banks and investment banks, you could use these materials to prepare for more than one assessment.
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