Fidelity Assessment - Internship & Graduate Scheme Preparation [2025]

The Fidelity Assessment is an online, untimed test comprised of Situational Judgment, Numerical Reasoning, and Personality questions.

The Fidelity internship and graduate scheme recruitment process is highly competitive. The Fidelity Assessment is divided into 3 main sections:

• Showcasing Your Capability: Fidelity Assessment Numerical Reasoning Questions are included in this section. Fidelity's numerical reasoning test assesses your ability to work with numbers (a valuable skill for anyone in the financial industry), which is usually presented in the form of tables, charts, or graphs. To choose the correct answer, you must identify and manipulate the correct information from the tables/graphs. For example, you should be able to calculate percentages, ratios, and currency conversions as well as the four basic arithmetic functions.
• Opportunities For You + About Fidelity International: This is a type of mixed Personality+SJT questions. In each question, you'll be given a "story" about a colleague, along with his/her CV and a situation about some kind of dilemma or disagreement between you both. As a result, Fidelity will be able to evaluate your judgment and behaviour as a member of a team.
• Getting To Know You More: This section includes classic personality questions. You'll be presented with a statement and will need to rank on a scale what is your opinion about it. 

Tip! The time limit placed on the test means that you need to be able to work quickly and accurately in order to answer even most of the questions in the test. By preparing and taking practice tests, you can reduce the time it takes you to answer each question, allowing you to answer more questions and ultimately increase your score. Prepare for this test with our SHL-style numerical reasoning test practice pack.

The Fidelity Telephone interview will usually last around 30-45 minutes. This interview, like many other Fidelity Interviews, will be competency-based. The interview will cover areas such as your motivation to join Fidelity and your chosen career path. They will also want to know more about your background, your key skills and examples of how your competencies fit into the program you have applied for. JobTestPrep can help you prepare for this kind of interview with our interview preparation guide.

JobTestPrep offers you a brief list of Fidelity interview questions samples so that you can have an idea of what to expect. You should not forget, however, that each of the Fidelity jobs will have specific technical and competency-based questions.

• Tell me why Fidelity should hire you?
• What type of projects have you managed in your career?
• Why this job and why now? What got you interested in finance/Fidelity/the industry?
• Tell me about your past work experience.
• What makes you excited about this position?

By successfully getting through the Fidelity Telephone Interview you will be invited to attend the Fidelity Assessment Centre. The exact nature of your assessment centre will vary according to the business area for which you have applied, but it is usually a full day at one of their offices. There will be a good opportunity to meet the Fidelity team and learn more about the business in general and the Fidelity Graduate Scheme. The day will be tailored to the business area for which you have applied. There will be many tasks set out for you to complete during the day. These will include:

• Presentations - You are asked to prepare a presentation ahead of the assessment centre to deliver on the day. The interviewers are looking for evidence that you have done your research on the topic and that you have made the connection between your research and the implications for Fidelity.
• Group exercises - You can expect an exercise to work through with the other candidates at the assessment centre. The aim of this exercise is to see how you work within a team, and your ability to contribute to the group effort without taking it over. Think about your approach in advance.
• Case studies - In this exercise you are given a situation similar to the one you may come across in your everyday work life at Fidelity and asked to prepare an exercise within that case study. Get ready for your case study with our practice pack.
• Interviews

Experienced applicants can expect more than one interview as the bulk of the recruitment process. Most of these interviews are competency-based interviews. The interviewer will be looking for evidence that your knowledge and skills fit the profile of the person that they are looking for in this job. Therefore they are expecting you to show that you have researched the company and the role for which you are applying, you know the market around Fidelity, their competitors and products. Try to think outside the box, and look for different types of information.

Other questions will ask for more information about the examples you included on your application form. Review what is on there ahead of the interview. Prepare new examples rather than repeating the ones they have seen before so that you can demonstrate the depth of experience.

Once you have pulled together all of your research and ideas, your final step is to pull it all together through a mock interview. Our interview preparation service offers you personalised feedback and recommendations for improvement for your real interview.

Questions asked at Fidelity interviews in the past include:

• Why Fidelity?
• Why this business area?
• What do you think is the most important skill for the job you have applied to?
• Give me an example from your previous experience of when you have used your communication skills.
• Tell me about your leadership skills.

The Fidelity International Summer Internship is a 10-week paid programme designed for penultimate-year university students from any degree discipline who are available for full-time work over the summer.

The internship offers valuable experience in the asset management industry, providing interns with the opportunity to work alongside research analysts, portfolio managers, and senior investors.

As an intern, you will research and present investment ideas on progressively complex stocks, receiving mentorship from directors of research and gaining deep insight into investment decision-making.

The internship includes a comprehensive induction, technical training, weekly learning sessions, and ongoing support from assigned buddies and the Early Careers team. High-performing interns may be offered a place in Fidelity’s graduate programme.

The application process involves an online application through the Fidelity International website, followed by a Cappfinity assessment that includes technical, commercial, and motivational activities, as well as a case study. Successful candidates proceed to a strength-based interview and then an assessment centre.

The Fidelity Graduate Scheme is a structured programme lasting between 12 and 24 months, designed to develop recent graduates into professionals across areas such as Asset Management, Technology, Operations, and Sales. The scheme combines formal training with practical experience and mentoring, offering participants exposure to variuos business functions within Fidelity.

The recruitment process begins with an online application, followed by aptitude assessments that evaluate candidates’ analytical and reasoning skills.

Successful applicants are invited to assessment centres, where they participate in case studies, group exercises, and interviews. Fidelity values candidates from diverse academic backgrounds who demonstrate strong communication skills, analytical abilities, and a passion for finance. Upon completing the programme, graduates often secure permanent roles within the company, setting a solid foundation for career progression in the financial services industry.