Financial Analyst Aptitude Test

Financial Analyst Aptitude Test

Evaluate aptitude, technical and coding skills with Adaface skills assessment platform powered with an intelligent chatbot

Evaluate aptitude, technical and coding skills with Adaface skills assessment platform powered with an intelligent chatbot

"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

  • amazon
  • paypal
  • ef
  • lovebonito
  • singapore-government
  • niyo
  • optimum

Start using conversational Financial Analyst Aptitude Test for the most accurate and candidate friendly screening today

Start using conversational Financial Analyst Aptitude Test for the most accurate and candidate friendly screening today

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Customized assessments for every experience level

Customized assessments for every experience level

Customized by subject matter experts to cater to job roles for all experience levels (fresh grads to 8-10 years) within your organization.

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Higher test taking rate compared to traditional tests

Higher test taking rate compared to traditional tests

Adaface assessments have an average test taking rate of 86% as compared to an industry standard of 50%.

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Accurate evaluation using on-the-job, non-tricky questions

Accurate evaluation using on-the-job, non-tricky questions

Adaface assessments have relevant questions that test for on-the-job skills. We do not expect candidates to solve puzzles/ trick questions.

Java JavaScript C++ C C# PHP Python React Angular Django Android iOS SQL MySQL HTML/CSS NodeJS Excel Data Interpretation Logical Reasoning Quantitative Aptitude Check out 700+ skills

Get a detailed scorecard with section wise breakdown and a pass/ fail recommendation

Get a detailed scorecard with section wise breakdown and a pass/ fail recommendation

Trusted by companies worldwide

Trusted by companies worldwide

"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."


- Human Resources Manager, Singapore Government

Everything you need to know about Financial Analyst Aptitude Test 👇

Everything you need to know about Financial Analyst Aptitude Test 👇

Adaface Financial Analyst Aptitude Test will be customized to accurately evaluate on-the-job skills required for your role. This assessment test is useful when you are hiring candidates for roles like - Financial Analyst Test.

About This Test

How long will the assessment be?

The assessment will have 20 multiple choice questions (MCQ) and will take ~45 minutes. We can also combine multiple skills into one assessment.

How is the assessment customized?

We use multiple factors to customize the assessment to your role:

  • Seniority level of the role: The seniority level of the role decides which concepts are more important to test. Simply increasing the difficulty level of the test does not necessarily make it more suited for a more senior role.
  • Combining multiple skills into one test: If you're looking for a Full Stack Engineer who knows ReactJS on the frontend, and NodeJS on the backend and can work with CSS, we'll set up an assessment with questions on JavaScript, NodeJS, ReactJS, HTML and CSS.
  • Ideal candidate persona: We try and understand what is the ideal candidate that you are looking for. For e.g. For a tech role- is there a focus on algorithms? That decides what type of coding challenges we use.
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Score Distribution

You should expect ~20% of the candidates to do well on Adaface assessments.

The score distribution for our assessments follow the normal curve. This is a good sign- tandardized tests like SAT and GRE follow the normal distribution (bell curve).

Status quo assessments typically have the exact opposite of the bell curve (too many candidates getting close to 0, too many candidates getting close to 100 and too few candidates in the middle). This is typically because they focus on theoretical questions or trick questions, which are very binary in nature- either you know the trick/ theory or you don’t.

FAQs

What is a custom assessment?

Every role is different and requires a custom assessment to identify top candidates efficiently. Adaface subject matter experts understand your job description/ role requirements and pick the most relevant questions from our library of 10000+ questions to create a technical assessment that helps you find the qualified candidates in your candidate pipeline quickly. All custom assessments are set up based on the job description, role requirements, must-have skills, experience level and salary range within a maximum of 48 hours and you will get an email notification once it goes live.

Check out a sample assessment here (no credit card required).

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.

How is Adaface different from other assessment tools?

We believe that status quo tech assessment platforms are not a fair way for companies to evaluate engineers because they focus on trick questions/ puzzles/ niche algorithms. We started Adaface to help companies find great engineers by assessing on-the-job skills required for a role. Read more about what we do differently at Adaface here.

Do you have any anti-cheating features in place?

We have the following anti-cheating features in place:

  1. Web proctoring
  2. Webcam proctoring
  3. Plagairism detection
  4. Non-googleable questions
  5. Secure browser

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. As in an assessment is optimizing to help you eliminate candidates who are not technically qualified for the role, it is not optimized to help you find the best developer for the role. So the ideal way to use an assessment is to decide a threshold score (typically 60%, 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 developer 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 Java developer roles for any experience level (unless the role is primarily a leadership/ non-programming role, we do not recommend you a use any automated assessments in that case).

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 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.

I'm an engineer. Can I try a practice test?

No. Unfortunately, we do not support practice tests at the moment.

What is the cost for using the Financial Analyst Aptitude Test?

Please get in touch, we'll create a custom plan for you based on the number of assessments you need.

Can I get a free trial?

You can sign up for free and check out the platform here. The dashboard has a sample assessment for you to review the quality of questions and check out the candidate experience of a chat based assessment. Since our questions are premium, we are unable to share sample questions for a particular skill/ technology.

I just moved to a paid plan. How can I request a custom assessment?

Check out our quick guide on requesting a custom assessment here.

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How do I use this?

Step 1

You request a custom assessment via the dashboard.

Step 2

Our subject matter experts review your assessment request and select the right questions to evaluate candidates for that role from our library of 10000+ questions.

Step 3

You get an email when the assessment is ready for use (within a maximum 48 hours of creating the request).

Step 4

Voila! You can start inviting candidates. You can read more about custom assessments here.

Skills Assessed

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 in 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 virtually any 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 Are Conversational Assessments

What Are Conversational Assessments

Conversational assessments are the most candidate friendly way to get insights into a candidate's on-the-job skills and suitability for a role, while providing for a delightful candidate experience. Candidates love conversational assessments because they are fast, intuitive and feel like an interview rather than a test.

traditional assessments cons

Tired of traditional assessments with trick questions and low completion rates?

conversational assessments pros

Adaface conversational assessments are reflective of on-the-job skills and see an 86% completion rate as compared to ~50% for traditional assessment platforms.

Read more about conversational assessments.

Test multiple skills in a single assessment customized for your job description

Test multiple skills in a single assessment customized for your job description

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