Financial Analyst Online Aptitude Test

About the test:

The Financial Analyst Online Aptitude Test uses scenario-based MCQs to evaluate candidates on their aptitude for financial analysis and decision-making. The test assesses candidates' understanding of topics such as financial statement analysis, financial modeling, valuation, forecasting, risk management, and investment analysis. Candidates are evaluated on their ability to analyze financial data, evaluate financial performance, forecast future performance, and make informed investment decisions.

Covered skills:

Financial Modeling
Ratio Analysis
Cash Flow Analysis

Valuation Technique
Balance Sheet
CAPM Model

See all covered skills

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9 reasons why

Adaface Financial Analyst Online Aptitude Test is the most accurate way to shortlist Financial Analysts

Reason #1

Tests for on-the-job skills

The Adaface Financial Analyst aptitude assessment test helps recruiters and hiring managers identify qualified candidates from a pool of resumes, and helps in taking objective hiring decisions. It reduces the administrative overhead of interviewing too many candidates and saves expensive engineering time by filtering out unqualified candidates.

The Adaface Financial Analyst aptitude assessment test screens candidates for the typical skills recruiters look for in a Financial Analyst.

The insights generated from this assessment can be used by recruiters and hiring managers to identify the best candidates for the role. Anti-cheating features enable you to be comfortable with conducting assessments online. The Financial Analyst Online test is ideal for helping recruiters identify which candidates have the necessary skills to do well on the job.

Reason #2

No trick questions

Traditional assessment tools use trick questions and puzzles for the screening, which creates a lot of frustration among candidates about having to go through irrelevant screening assessments.

The main reason we started Adaface is that traditional pre-employment assessment platforms are not a fair way for companies to evaluate candidates. At Adaface, our mission is to help companies find great candidates by assessing on-the-job skills required for a role.

Why we started Adaface ->

Reason #3

Non-googleable questions

We have a very high focus on the quality of questions that test for on-the-job skills. Every question is non-googleable and we have a very high bar for the level of subject matter experts we onboard to create these questions. We have crawlers to check if any of the questions are leaked online. If/ when a question gets leaked, we get an alert. We change the question for you & let you know.

These are just a small sample from our library of 10,000+ questions. The actual questions on this Financial Analyst Aptitude Test will be non-googleable.

🧐 Question
Medium Earnings Per Share	Solve
Consider the following financial data for 3 companies (in millions) for the year 2022: Which company has the highest Earnings Per Share (EPS) if each company has 50 million outstanding shares?
Medium Net cash receipt on issued bonds	Solve
Gajni Inc. issued 2000 $100 9% bonds on May 1 (year 1). These bonds are issued at 103 plus accrued interest. The bonds are dated Jan 1 (year 1) and mature on Jan 1 (year 5). Interest needs to be paid twice a year (Jan 1 and July 1). The cost of issuing the bonds, $5000 was paid by Gajni Inc. to the investment bank. What would be the net cash receipt realized by Gajni Inc. from the issuance of these bonds?
Medium Return on Capital Employed	Solve
Consider the following financial data for five companies for the year 2022: Which company has the highest Return on Capital Employed (ROCE)?
Easy Hedge risk using derivates	Solve
Phenomenal Pte. Ltd., a Singapore based company secured a new client in Germany for their SaaS business, and is expecting to receive a payment of EUR 1.3 million after 6 weeks. They want to be certain of the amount they receive and plan on using the derivates market to hedge the risk. What action would you recommend?
Medium Spend Statements	Solve
Alexa spends 30% of her income on her children's education, 20% on food, and 10% on entertainment. The corresponding percentages for Mani are 40%, 25% and 13%. Who spends more on children's education? Statement 1: Alexa spends more on food than Mani. Statement 2: Mani spends more on entertainment than Alexa. A: Choose A if the question can be answered by using one of the statements alone but not by using the other statement alone. B: Choose B if the question can be answered by using either of the statements alone. C: Choose C if the question can be answered by using both statements together but not by either statement alone. D: Choose D if the question cannot be answered on the basis of the two statements.
Medium World Bank Meeting	Solve
21 members from 4 countries (South Africa, US, Australia and Germany) attended a World Bank meeting. Each member was an expert in one of 4 fields- minimum wage, health, poverty and immigration. We know the following about the members: 1. Emily and Ross are experts in poverty studies from Australia and they attended the meeting. 2. The meeting did not have any experts on minimum wage from South Africa. Other than that there was atleast 1 expert from each field from each country, including South Africa. 3. The number of experts on minimum wage was exactly half the number of experts in each of the other 3 fields. 4. If there was an less expert from Australia, US would have had twice as many experts as each of the other countries. 5. In any field, none of the countries had more than 3 experts. If Mindy is the only US expert in poverty who attended the meeting, which of the following statements are true: A: There is 1 immigration expert from South Africa. B: There are 2 health experts from US. C: There is 1 health expert from South Africa. D: There are 3 immigration experts from US.
Medium Increasing monthly gross profit	Solve
The CEO of Snipr. Inc wants to grow monthly gross profit by 4%. If costs stay the same, what does the sales turnover need to be in February to achieve this goal?
Medium Magic bag Algebra	Solve
Alex’s uncle is a magician who gave them a magic bag in which coins get doubled each time you put those coins into it. Initially, Alex had few coins with them. So, Alex put all the coins, and the coins got doubled. Alex took out all the coins and gave a few to their friend and then again put the remaining coins back in the bag. The coins doubled again; Alex took out all the coins again and gave a few coins to their second friend. Alex then put the remaining coins in the bag and the coins doubled again. Alex took out all the coins and gave a few coins to their third friend. There were no coins left with Alex when Alex gave coins to the third friend and Alex gave an equal number of coins to each friend. What is the minimum number of coins Alex had initially and how much did Alex give to each friend? A: Started with 3 coins B: Started with 5 coins C: Started with 6 coins D: Started with 7 coins E: Started with 9 coins F: Gave 3 coins in every turn G: Gave 4 coins in every turn H: Gave 5 coins in every turn I: Gave 7 coins in every turn J: Gave 8 coins in every turn K: Gave 9 coins in every turn
Medium Three Clocks Time	Solve
In my house, there are three clocks of different shapes – a round clock, a square clock, and a rhombus clock. The rhombus clock is always accurate whereas the round clock gains 2 minutes every day and the square clock loses 2 minutes every day. I checked the clocks on July 22nd, 2007 at 10 PM, and they were showing different times. Two hours later, when I checked, the clocks were showing the same time, then on which date will all three clocks show the same time again? A: 17 July 2008 B: 23 Sep 2007 C: 25 July 2009 D: 19 Aug 2008 E: 26 July 2008 F: 28 Nov 2007 G: 11 June 2008 H: 15 Aug 2007

	🧐 Question	🔧 Skill
	Medium Earnings Per Share	3 mins Finance	Solve
Consider the following financial data for 3 companies (in millions) for the year 2022: Which company has the highest Earnings Per Share (EPS) if each company has 50 million outstanding shares?
	Medium Net cash receipt on issued bonds	3 mins Finance	Solve
Gajni Inc. issued 2000 $100 9% bonds on May 1 (year 1). These bonds are issued at 103 plus accrued interest. The bonds are dated Jan 1 (year 1) and mature on Jan 1 (year 5). Interest needs to be paid twice a year (Jan 1 and July 1). The cost of issuing the bonds, $5000 was paid by Gajni Inc. to the investment bank. What would be the net cash receipt realized by Gajni Inc. from the issuance of these bonds?
	Medium Return on Capital Employed	3 mins Finance	Solve
Consider the following financial data for five companies for the year 2022: Which company has the highest Return on Capital Employed (ROCE)?
	Easy Hedge risk using derivates	2 mins Finance	Solve
Phenomenal Pte. Ltd., a Singapore based company secured a new client in Germany for their SaaS business, and is expecting to receive a payment of EUR 1.3 million after 6 weeks. They want to be certain of the amount they receive and plan on using the derivates market to hedge the risk. What action would you recommend?
	Medium Spend Statements	3 mins Aptitude	Solve
Alexa spends 30% of her income on her children's education, 20% on food, and 10% on entertainment. The corresponding percentages for Mani are 40%, 25% and 13%. Who spends more on children's education? Statement 1: Alexa spends more on food than Mani. Statement 2: Mani spends more on entertainment than Alexa. A: Choose A if the question can be answered by using one of the statements alone but not by using the other statement alone. B: Choose B if the question can be answered by using either of the statements alone. C: Choose C if the question can be answered by using both statements together but not by either statement alone. D: Choose D if the question cannot be answered on the basis of the two statements.
	Medium World Bank Meeting	3 mins Aptitude	Solve
21 members from 4 countries (South Africa, US, Australia and Germany) attended a World Bank meeting. Each member was an expert in one of 4 fields- minimum wage, health, poverty and immigration. We know the following about the members: 1. Emily and Ross are experts in poverty studies from Australia and they attended the meeting. 2. The meeting did not have any experts on minimum wage from South Africa. Other than that there was atleast 1 expert from each field from each country, including South Africa. 3. The number of experts on minimum wage was exactly half the number of experts in each of the other 3 fields. 4. If there was an less expert from Australia, US would have had twice as many experts as each of the other countries. 5. In any field, none of the countries had more than 3 experts. If Mindy is the only US expert in poverty who attended the meeting, which of the following statements are true: A: There is 1 immigration expert from South Africa. B: There are 2 health experts from US. C: There is 1 health expert from South Africa. D: There are 3 immigration experts from US.
	Medium Increasing monthly gross profit	2 mins Numerical Reasoning	Solve
The CEO of Snipr. Inc wants to grow monthly gross profit by 4%. If costs stay the same, what does the sales turnover need to be in February to achieve this goal?
	Medium Magic bag Algebra	3 mins Numerical Reasoning	Solve
Alex’s uncle is a magician who gave them a magic bag in which coins get doubled each time you put those coins into it. Initially, Alex had few coins with them. So, Alex put all the coins, and the coins got doubled. Alex took out all the coins and gave a few to their friend and then again put the remaining coins back in the bag. The coins doubled again; Alex took out all the coins again and gave a few coins to their second friend. Alex then put the remaining coins in the bag and the coins doubled again. Alex took out all the coins and gave a few coins to their third friend. There were no coins left with Alex when Alex gave coins to the third friend and Alex gave an equal number of coins to each friend. What is the minimum number of coins Alex had initially and how much did Alex give to each friend? A: Started with 3 coins B: Started with 5 coins C: Started with 6 coins D: Started with 7 coins E: Started with 9 coins F: Gave 3 coins in every turn G: Gave 4 coins in every turn H: Gave 5 coins in every turn I: Gave 7 coins in every turn J: Gave 8 coins in every turn K: Gave 9 coins in every turn
	Medium Three Clocks Time	3 mins Numerical Reasoning	Solve
In my house, there are three clocks of different shapes – a round clock, a square clock, and a rhombus clock. The rhombus clock is always accurate whereas the round clock gains 2 minutes every day and the square clock loses 2 minutes every day. I checked the clocks on July 22nd, 2007 at 10 PM, and they were showing different times. Two hours later, when I checked, the clocks were showing the same time, then on which date will all three clocks show the same time again? A: 17 July 2008 B: 23 Sep 2007 C: 25 July 2009 D: 19 Aug 2008 E: 26 July 2008 F: 28 Nov 2007 G: 11 June 2008 H: 15 Aug 2007

	🧐 Question	🔧 Skill	💪 Difficulty	⌛ Time
	Earnings Per Share	Finance	Medium	3 mins	Solve
Consider the following financial data for 3 companies (in millions) for the year 2022: Which company has the highest Earnings Per Share (EPS) if each company has 50 million outstanding shares?
	Net cash receipt on issued bonds	Finance	Medium	3 mins	Solve
Gajni Inc. issued 2000 $100 9% bonds on May 1 (year 1). These bonds are issued at 103 plus accrued interest. The bonds are dated Jan 1 (year 1) and mature on Jan 1 (year 5). Interest needs to be paid twice a year (Jan 1 and July 1). The cost of issuing the bonds, $5000 was paid by Gajni Inc. to the investment bank. What would be the net cash receipt realized by Gajni Inc. from the issuance of these bonds?
	Return on Capital Employed	Finance	Medium	3 mins	Solve
Consider the following financial data for five companies for the year 2022: Which company has the highest Return on Capital Employed (ROCE)?
	Hedge risk using derivates	Finance	Easy	2 mins	Solve
Phenomenal Pte. Ltd., a Singapore based company secured a new client in Germany for their SaaS business, and is expecting to receive a payment of EUR 1.3 million after 6 weeks. They want to be certain of the amount they receive and plan on using the derivates market to hedge the risk. What action would you recommend?
	Spend Statements	Aptitude	Medium	3 mins	Solve
Alexa spends 30% of her income on her children's education, 20% on food, and 10% on entertainment. The corresponding percentages for Mani are 40%, 25% and 13%. Who spends more on children's education? Statement 1: Alexa spends more on food than Mani. Statement 2: Mani spends more on entertainment than Alexa. A: Choose A if the question can be answered by using one of the statements alone but not by using the other statement alone. B: Choose B if the question can be answered by using either of the statements alone. C: Choose C if the question can be answered by using both statements together but not by either statement alone. D: Choose D if the question cannot be answered on the basis of the two statements.
	World Bank Meeting	Aptitude	Medium	3 mins	Solve
21 members from 4 countries (South Africa, US, Australia and Germany) attended a World Bank meeting. Each member was an expert in one of 4 fields- minimum wage, health, poverty and immigration. We know the following about the members: 1. Emily and Ross are experts in poverty studies from Australia and they attended the meeting. 2. The meeting did not have any experts on minimum wage from South Africa. Other than that there was atleast 1 expert from each field from each country, including South Africa. 3. The number of experts on minimum wage was exactly half the number of experts in each of the other 3 fields. 4. If there was an less expert from Australia, US would have had twice as many experts as each of the other countries. 5. In any field, none of the countries had more than 3 experts. If Mindy is the only US expert in poverty who attended the meeting, which of the following statements are true: A: There is 1 immigration expert from South Africa. B: There are 2 health experts from US. C: There is 1 health expert from South Africa. D: There are 3 immigration experts from US.
	Increasing monthly gross profit	Numerical Reasoning	Medium	2 mins	Solve
The CEO of Snipr. Inc wants to grow monthly gross profit by 4%. If costs stay the same, what does the sales turnover need to be in February to achieve this goal?
	Magic bag Algebra	Numerical Reasoning	Medium	3 mins	Solve
Alex’s uncle is a magician who gave them a magic bag in which coins get doubled each time you put those coins into it. Initially, Alex had few coins with them. So, Alex put all the coins, and the coins got doubled. Alex took out all the coins and gave a few to their friend and then again put the remaining coins back in the bag. The coins doubled again; Alex took out all the coins again and gave a few coins to their second friend. Alex then put the remaining coins in the bag and the coins doubled again. Alex took out all the coins and gave a few coins to their third friend. There were no coins left with Alex when Alex gave coins to the third friend and Alex gave an equal number of coins to each friend. What is the minimum number of coins Alex had initially and how much did Alex give to each friend? A: Started with 3 coins B: Started with 5 coins C: Started with 6 coins D: Started with 7 coins E: Started with 9 coins F: Gave 3 coins in every turn G: Gave 4 coins in every turn H: Gave 5 coins in every turn I: Gave 7 coins in every turn J: Gave 8 coins in every turn K: Gave 9 coins in every turn
	Three Clocks Time	Numerical Reasoning	Medium	3 mins	Solve
In my house, there are three clocks of different shapes – a round clock, a square clock, and a rhombus clock. The rhombus clock is always accurate whereas the round clock gains 2 minutes every day and the square clock loses 2 minutes every day. I checked the clocks on July 22nd, 2007 at 10 PM, and they were showing different times. Two hours later, when I checked, the clocks were showing the same time, then on which date will all three clocks show the same time again? A: 17 July 2008 B: 23 Sep 2007 C: 25 July 2009 D: 19 Aug 2008 E: 26 July 2008 F: 28 Nov 2007 G: 11 June 2008 H: 15 Aug 2007

Reason #4

1200+ customers in 75 countries

With Adaface, we were able to optimise our initial screening process by upwards of 75%, freeing up precious time for both hiring managers and our talent acquisition team alike!

Brandon Lee, Head of People, Love, Bonito

Reason #5

Designed for elimination, not selection

The most important thing while implementing the pre-employment Financial Analyst Aptitude Test in your hiring process is that it is an elimination tool, not a selection tool. In other words: you want to use the test to eliminate the candidates who do poorly on the test, not to select the candidates who come out at the top. While they are super valuable, pre-employment tests do not paint the entire picture of a candidate’s abilities, knowledge, and motivations. Multiple easy questions are more predictive of a candidate's ability than fewer hard questions. Harder questions are often "trick" based questions, which do not provide any meaningful signal about the candidate's skillset.

Reason #6

1 click candidate invites

Email invites: You can send candidates an email invite to the Financial Analyst Aptitude Test from your dashboard by entering their email address.

Public link: You can create a public link for each test that you can share with candidates.

API or integrations: You can invite candidates directly from your ATS by using our pre-built integrations with popular ATS systems or building a custom integration with your in-house ATS.

Reason #7

Detailed scorecards & comparative results

Reason #8

High completion rate

Adaface tests are conversational, low-stress, and take just 25-40 mins to complete.

This is why Adaface has the highest test-completion rate (86%), which is more than 2x better than traditional assessments.

Reason #9

Advanced Proctoring

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Skills Assessed with the Financial Analyst Assessment Test

Financial reasoning tests reveal a person's basic financial knowledge and measure a person’s ability to solve financial problems. Typical financial reasoning questions will require a knowledge of ratios, percentages, profits, and interest, etc. These tests are widely used by companies in the financial industry, such as banks, mortgage companies, business consulting, etc.

These tests typically contain scenario based questions with a short description of a scenario that is accompanied with extracts of numerical data. The questions require candidates to filter and extract the necessary information quickly and effectively. These tests also test candidates' ability to complete more elaborate calculations compared to what is expected within a numerical reasoning test.

Candidates are expected to be well versed in reading business statements, profit and loss accounts and balance sheets. Like numerical reasoning tests, questions will include data in graphs, tables, and text format.

About The Role

Financial analysts examine financial data and use their findings to help companies make business decisions. Often, this analysis deals with investing. An analyst must be aware of current developments in the field in which they specialize, as well as in preparing financial models to predict future economic conditions for any number of variables.

A Financial Analyst forecasts future revenue and expenditures to help determine budgets for upcoming projects. Finance is a very data-driven industry and one of the challenges of working as an analyst is being able to analyze and interpret financial statements, market trends and microeconomic conditions in order to offer recommendations on potential business deals and decisions. Compared to many high-paying careers, the qualifications to become a financial analyst are much less rigid and well-defined.

Proficiency with Microsoft Excel is mentioned in almost every financial analyst job description; familiarity with data query/data management tools is extremely helpful (Access, SQL, Business Objects).

Typical responsibilities of a financial analyst might include:

Analyse current and past financial data
Create reports on the above information and communicating the insights of these reports to the wider business
Suggest budgets and improvements based on the above information
Identify and drive process improvements, including the creation of standard and ad-hoc reports, tools, and Excel dashboards
Develop financial models and providing financial forecasts
Increase productivity by developing automated accounting applications; coordinating information requirements
Work closely with the accounting team to ensure accurate financial reporting

What roles can I use the Financial Analyst Aptitude Test for?

Financial Analyst

What topics are covered in the Financial Analyst Online Aptitude Test?

Financial Modeling

Valuation Technique

Ratio Analysis

Balance Sheet

Cash Flow Analysis

CAPM Model

Preview this test

View sample scorecard

The hiring managers felt that through the technical questions that they asked during the panel interviews, they were able to tell which candidates had better scores, and differentiated with those who did not score as well. They are highly satisfied with the quality of candidates shortlisted with the Adaface screening.

85%

reduction in screening time

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FAQs

Can I combine multiple skills into one custom assessment?

Yes, absolutely. Custom assessments are set up based on your job description, and will include questions on all must-have skills you specify.

Do you have any anti-cheating or proctoring features in place?

We have the following anti-cheating features in place:

Non-googleable questions
IP proctoring
Web proctoring
Webcam proctoring
Plagiarism detection
Secure browser

Read more about the proctoring features.

How do I interpret test scores?

The primary thing to keep in mind is that an assessment is an elimination tool, not a selection tool. A skills assessment is optimized to help you eliminate candidates who are not technically qualified for the role, it is not optimized to help you find the best candidate for the role. So the ideal way to use an assessment is to decide a threshold score (typically 55%, we help you benchmark) and invite all candidates who score above the threshold for the next rounds of interview.

What experience level can I use this test for?

Each Adaface assessment is customized to your job description/ ideal candidate persona (our subject matter experts will pick the right questions for your assessment from our library of 10000+ questions). This assessment can be customized for any experience level.

Does every candidate get the same questions?

Yes, it makes it much easier for you to compare candidates. Options for MCQ questions and the order of questions are randomized. We have anti-cheating/ proctoring features in place. In our enterprise plan, we also have the option to create multiple versions of the same assessment with questions of similar difficulty levels.