Scrum Master Test
A scrum master test allows recruiters to assess whether a candidate has the skills and knowledge required to lead teams to follow the scrum framework during software development.
Financial Analyst Test
A financial analyst test is designed to help employers assess whether a candidate has the requisite skills and expertise to successfully perform as a financial analyst.
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What is a financial analyst test?
A financial analyst needs to accurately understand, forecast and plan for the financial health of a business. Aside from analysis skills, financial analysts need to have a deep knowledge of current financial events and markets, as well as the principles, standards and techniques in business accounting.
The financial analyst test, which can be administered to a large number of potential employees, allows recruitment teams to find the right applicants to take further through the recruitment process, making sure that the applicants have the necessary skills.
About the Financial Analyst Test
There are numerous skills, aptitudes and competencies necessary for success as a financial analyst. While some of these are gained through education and experience, it is not always obvious how much a candidate has.
The financial analyst test asks questions designed to show how much the applicant knows, where they are strongest in the necessary aptitudes, and what skills they possess at the time of the test.
Skills such as communication, leadership and problem solving are important, as are accounting knowledge and understanding of financial issues – all of which are tested in the financial analyst test.
Why should you use a financial analyst test for recruiting?
Applicants for a financial analyst role will need specific qualities (such as accounting skills, strategic planning and critical thinking), but it can be difficult to see which candidate has the right skills and aptitudes just via resumes.
Financial analysts must understand how to create budgets and perform cost analysis, how to manage cash flow, and how to use this information to recognise problems and create solutions. Financial analysts use forecasting and critical thinking skills to make decisions on what to prioritize to increase profits, and drive down costs through sound financial decisions.
The financial analyst test is easy to administer and can be given to a large number of candidates. It is easy for each applicant to complete the test, and it provides a straightforward set of results that are easy to read.
View a sample report
Results for the Financial Analyst Test along with other assessments the candidate takes will be compiled to produce a candidate report.
The report is automatically generated and available both online and as a downloadable pdf so they can be shared with other team members and employees alike.
How our test assesses financial analyst skills
Candidates will need to answer a range of questions that measure industry-specific technical skills where applicable (e.g. Microsoft Powerpoint), soft skills (e.g. leadership), aptitude (e.g. numerical reasoning) and relevant personality dimensions (e.g. planning). The results present a holistic view of how well suited each candidate is for the job at hand, using a data-driven approach.
The format varies by type of question, including multiple-choice for aptitude and technical skills, situational judgement for soft skills and agreement on a Likert scale for the personality dimensions. This approach ensures candidates are being assessed in an accurate and fair manner, and that results reflect the true underlying qualities of each candidate.
The characteristics, abilities and knowledge necessary to be a financial analyst were identified using the US Department of Labor's comprehensive O*NET database. O*NET is the leading source of occupational information that is constantly updated by collecting data from employees in specific job roles.
During the development process, test questions were rigorously analysed to maximise reliability and validity in line with industry best practices. They were created by our team of I/O psychologists and psychometricians – who collaborated with subject-matter-experts – and field-tested with a representative sample of job applicants who have varying experience, just like you might find in a talent pool.
Each test is reviewed by a panel of individuals representing diverse backgrounds to check for any sensitivity, fairness, face validity and accessibility issues. This ensures each candidate has a fair chance of demonstrating their true level of expertise.
Our financial analyst test is monitored to ensure it is up-to-date and optimised for performance.
Our test platform
Our platform offers an extensive library of hundreds of tests, giving you the flexibility to select and combine them in any way that suits your hiring needs. From understanding specific role requirements to assessing general cognitive abilities, our diverse library ensures you can tailor your assessment process precisely.
- Multi-format.
- Our test questions come in various formats, including multiple-choice, true and false, ranking and situational judgment, all ensuring comprehensive candidate assessment.
- Role-specific simulations.
- Experience real-world scenarios with our role-specific simulations, providing accurate insights into candidates' performance, readiness and fit for the position.
- Adaptive scoring.
- Our adaptive scoring system evaluates responses in real-time, by adjusting to the candidate's ability level, enhancing accuracy and reliability.
Curated by our
team of experts
Scientifically validated by psychometric specialists
- Our team of assessment experts is made up of I/O psychologists, psychometricians, and subject matter experts who work closely together to ensure each test is accurate and reliable.
- Our subject matter experts are rigorously vetted and typically have several years of experience working in their industries and hold advanced credentials.
Frequently asked questions
- What skills do financial analysts need?
Key skills required for a financial analyst include: critical thinking; strong quantitative skills; analytical and financial modelling skills; attention to detail; problem-solving skills; strong verbal and written communication skills; strategic thinking.
- Is the financial analyst test difficult?
The financial analyst test is difficult because of the ‘test pressure’ of a time limit and exam conditions. But the content is not difficult for a skilled financial analyst.
- Can I get a free trial?
Yes, simply sign up (no credit card is required) and we'll give you unlimited access for seven days. Create as many jobs and test as many candidates as you want; you won't be charged a penny.
- What is the cost for Neuroworx’s financial analyst test?
Neuroworx operates on a monthly or annual subscription basis. We have several plans to suit your hiring needs, which you can check out here. Alternatively, you can get in touch with us to discuss a custom plan.
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