Financial & Excel Modeling Test

Q: What are the main Finance tests available?

Some important Finance tests include: Financial Analyst Test Financial Accounting Test Business Analyst Excel Test

The financial modeling test assesses a candidate's understanding of fundamental financial modeling concepts like historical ratios, income statement, working capital, depreciation schedule, amortization schedule, shareholder equity schedule, stock options, cash flow statements, time value of money, capital asset pricing model and asset valuation and their ability to create and maintain financial models using Excel.

Covered skills:

Financial analysis
Financial planning
Financial forecasting
Financial reporting
Valuation
Investment analysis
Risk management
Budgeting
Financial statements
Cash flow statement
Depreciation schedule
Historical ratios
Time Value of money
Net present value
Internal rate of return
Financial Analysis
Asset Valuation
Stock Valuation
Risk And Return
Rate of return
Capital Asset Pricing Model
Excel Macros
Excel modeling

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About the Financial & Excel Modeling Assessment Test

The Financial & Excel Modeling 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 time by filtering out unqualified candidates at the first step of the hiring process.

The test screens for the following skills that hiring managers look for in candidates:

Ability to prepare detailed financial models
Strong understanding of financial analysis and forecasting
Capability to analyze and interpret financial statements
Proficiency in valuation techniques
Knowledge of investment analysis and risk management
Skill in budgeting and financial planning
Ability to create and analyze cash flow statements
Understanding of time value of money concepts
Proficiency in Excel modeling and macros
Capability to perform asset and stock valuation
Competence in using the Capital Asset Pricing Model
Ability to evaluate risk and return in financial decision making

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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.

How we design questions

These are just a small sample from our library of 15,000+ questions. The actual questions on this Financial & Excel Modeling Test will be non-googleable.

🧐 Question
Medium Compound Revenue Growth Rate Projections Income Statement	Solve
Given the following information for the company NotOpenAI: What is the projected Year 6 Revenue based on the historical compound annual growth rate (CAGR)?
Medium Depreciation on new Capex Depreciation Schedule Projections Financial Reporting Data Analysis	Solve
Our financial intern deleted the entries for the Depreciation from new CapEx by mistake. Can you help them calculate the total depreciation on new CapEx in Year 3?
Medium Projected Current Ratio Projections Balance Sheet	Solve
Given the following information for the company NotOpenAI: What is the projected Year 6 Current Ratio based on the historical average Current Ratio?
Medium Earnings Per Share Financial Calculations Eps Calculation	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 Bond Issuance Accounting Debt Financing	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 Return On Equity/investment Analysis	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 Financial Reporting Risk Assessment Derivatives	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 MATCH INDEX LOOKUP	Solve
Some friends live in adjacent apartments in a building in Central Perk, New York. We want to write a function to search the apartment number by name. Which of the following functions should we use?
Medium Organization data Data transformation Duplicate Data Removal Remove Duplicate Values	Solve
We have two Excel files with organization data. One file has Organization ID and Organization Name fields, whereas the second file has Organization ID, Organization Name and Country fields. We wrote a query to retrieve the data from both files. Here’s a sample of the data retrieved: We want to ensure Organization ID field is unique. Which of the following is the ideal solution that ensures Organization ID field is unique while retaining Country data? A: Select the Organization ID and Country columns, and then click Keep Duplicates. B: Select the Organization ID and Country columns, and then click Remove Duplicates. C: Use Group BY function to group the rows by Organization ID. Specify output columns for Organization Name and Country using MAX operation. D: Select Organization ID column and then click Remove Duplicates. Then specify output columns for Country using MAX operation.
Medium Student scores Data formatting Data Transformation Data Manipulation	Solve
Here’s a sample Excel data source: Here’s the expected data format: Which of the following is the correct way to transform the data from the query editor to achieve the result? A: Columns to Select: Student Only B: Columns to Select: Student and Student ID C: Columns to Select: Primary and Secondary D: Command to Use: Pivot Column E: Command to Use: Reverse Rows F: Command to Use: Unpivot Columns
Medium VLOOKUP blood donor Lookup Functions Data Manipulation	Solve
We are looking to find the contact number of the only blood donor with blood group O-. Which function should we use to look up the correct contact number? Here's the documentation for VLOOKUP: =VLOOKUP(lookup value, range containing the lookup value, the column number in the range containing the return value, Approximate match (TRUE) or Exact match (FALSE)). A: =VLOOKUP("O-", A1:E10, 3, TRUE) B: =VLOOKUP("O-", A1:E10, 3, FALSE) C: =VLOOKUP("O-", D1:D10, 4) D: =VLOOKUP("O-", D1:D10, 3) E: =VLOOKUP("O-", A1:E10, 4, TRUE) F: =VLOOKUP("O-", A1:E10, 4, FALSE) G: =VLOOKUP("Kane", A1:E10, 4)

	🧐 Question	🔧 Skill
	Medium Compound Revenue Growth Rate Projections Income Statement	3 mins Financial Modeling	Solve
Given the following information for the company NotOpenAI: What is the projected Year 6 Revenue based on the historical compound annual growth rate (CAGR)?
	Medium Depreciation on new Capex Depreciation Schedule Projections Financial Reporting Data Analysis	3 mins Financial Modeling	Solve
Our financial intern deleted the entries for the Depreciation from new CapEx by mistake. Can you help them calculate the total depreciation on new CapEx in Year 3?
	Medium Projected Current Ratio Projections Balance Sheet	3 mins Financial Modeling	Solve
Given the following information for the company NotOpenAI: What is the projected Year 6 Current Ratio based on the historical average Current Ratio?
	Medium Earnings Per Share Financial Calculations Eps Calculation	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 Bond Issuance Accounting Debt Financing	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 Return On Equity/investment Analysis	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 Financial Reporting Risk Assessment Derivatives	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 MATCH INDEX LOOKUP	2 mins Excel	Solve
Some friends live in adjacent apartments in a building in Central Perk, New York. We want to write a function to search the apartment number by name. Which of the following functions should we use?
	Medium Organization data Data transformation Duplicate Data Removal Remove Duplicate Values	3 mins Excel	Solve
We have two Excel files with organization data. One file has Organization ID and Organization Name fields, whereas the second file has Organization ID, Organization Name and Country fields. We wrote a query to retrieve the data from both files. Here’s a sample of the data retrieved: We want to ensure Organization ID field is unique. Which of the following is the ideal solution that ensures Organization ID field is unique while retaining Country data? A: Select the Organization ID and Country columns, and then click Keep Duplicates. B: Select the Organization ID and Country columns, and then click Remove Duplicates. C: Use Group BY function to group the rows by Organization ID. Specify output columns for Organization Name and Country using MAX operation. D: Select Organization ID column and then click Remove Duplicates. Then specify output columns for Country using MAX operation.
	Medium Student scores Data formatting Data Transformation Data Manipulation	2 mins Excel	Solve
Here’s a sample Excel data source: Here’s the expected data format: Which of the following is the correct way to transform the data from the query editor to achieve the result? A: Columns to Select: Student Only B: Columns to Select: Student and Student ID C: Columns to Select: Primary and Secondary D: Command to Use: Pivot Column E: Command to Use: Reverse Rows F: Command to Use: Unpivot Columns
	Medium VLOOKUP blood donor Lookup Functions Data Manipulation	2 mins Excel	Solve
We are looking to find the contact number of the only blood donor with blood group O-. Which function should we use to look up the correct contact number? Here's the documentation for VLOOKUP: =VLOOKUP(lookup value, range containing the lookup value, the column number in the range containing the return value, Approximate match (TRUE) or Exact match (FALSE)). A: =VLOOKUP("O-", A1:E10, 3, TRUE) B: =VLOOKUP("O-", A1:E10, 3, FALSE) C: =VLOOKUP("O-", D1:D10, 4) D: =VLOOKUP("O-", D1:D10, 3) E: =VLOOKUP("O-", A1:E10, 4, TRUE) F: =VLOOKUP("O-", A1:E10, 4, FALSE) G: =VLOOKUP("Kane", A1:E10, 4)

	🧐 Question	🔧 Skill	💪 Difficulty	⌛ Time
	Compound Revenue Growth Rate Projections Income Statement	Financial Modeling	Medium	3 mins	Solve
Given the following information for the company NotOpenAI: What is the projected Year 6 Revenue based on the historical compound annual growth rate (CAGR)?
	Depreciation on new Capex Depreciation Schedule Projections Financial Reporting Data Analysis	Financial Modeling	Medium	3 mins	Solve
Our financial intern deleted the entries for the Depreciation from new CapEx by mistake. Can you help them calculate the total depreciation on new CapEx in Year 3?
	Projected Current Ratio Projections Balance Sheet	Financial Modeling	Medium	3 mins	Solve
Given the following information for the company NotOpenAI: What is the projected Year 6 Current Ratio based on the historical average Current Ratio?
	Earnings Per Share Financial Calculations Eps Calculation	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 Bond Issuance Accounting Debt Financing	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 Return On Equity/investment Analysis	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 Financial Reporting Risk Assessment Derivatives	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?
	MATCH INDEX LOOKUP	Excel	Medium	2 mins	Solve
Some friends live in adjacent apartments in a building in Central Perk, New York. We want to write a function to search the apartment number by name. Which of the following functions should we use?
	Organization data Data transformation Duplicate Data Removal Remove Duplicate Values	Excel	Medium	3 mins	Solve
We have two Excel files with organization data. One file has Organization ID and Organization Name fields, whereas the second file has Organization ID, Organization Name and Country fields. We wrote a query to retrieve the data from both files. Here’s a sample of the data retrieved: We want to ensure Organization ID field is unique. Which of the following is the ideal solution that ensures Organization ID field is unique while retaining Country data? A: Select the Organization ID and Country columns, and then click Keep Duplicates. B: Select the Organization ID and Country columns, and then click Remove Duplicates. C: Use Group BY function to group the rows by Organization ID. Specify output columns for Organization Name and Country using MAX operation. D: Select Organization ID column and then click Remove Duplicates. Then specify output columns for Country using MAX operation.
	Student scores Data formatting Data Transformation Data Manipulation	Excel	Medium	2 mins	Solve
Here’s a sample Excel data source: Here’s the expected data format: Which of the following is the correct way to transform the data from the query editor to achieve the result? A: Columns to Select: Student Only B: Columns to Select: Student and Student ID C: Columns to Select: Primary and Secondary D: Command to Use: Pivot Column E: Command to Use: Reverse Rows F: Command to Use: Unpivot Columns
	VLOOKUP blood donor Lookup Functions Data Manipulation	Excel	Medium	2 mins	Solve
We are looking to find the contact number of the only blood donor with blood group O-. Which function should we use to look up the correct contact number? Here's the documentation for VLOOKUP: =VLOOKUP(lookup value, range containing the lookup value, the column number in the range containing the return value, Approximate match (TRUE) or Exact match (FALSE)). A: =VLOOKUP("O-", A1:E10, 3, TRUE) B: =VLOOKUP("O-", A1:E10, 3, FALSE) C: =VLOOKUP("O-", D1:D10, 4) D: =VLOOKUP("O-", D1:D10, 3) E: =VLOOKUP("O-", A1:E10, 4, TRUE) F: =VLOOKUP("O-", A1:E10, 4, FALSE) G: =VLOOKUP("Kane", A1:E10, 4)

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Why you should use Pre-employment Financial & Excel Modeling Test?

The Financial & Excel Modeling Test makes use of scenario-based questions to test for on-the-job skills as opposed to theoretical knowledge, ensuring that candidates who do well on this screening test have the relavant skills. The questions are designed to covered following on-the-job aspects:

Financial modeling skills including constructing financial models for business valuation and forecasting
Proficiency in finance principles and concepts such as financial analysis, planning, reporting, and budgeting
Ability to perform financial analysis and interpret financial statements to assess the financial health of a company
Understanding of valuation methodologies and ability to value assets and stocks
Knowledge of investment analysis and risk management techniques
Familiarity with financial forecasting methods to predict future performance and trends
Competence in using Excel for financial modeling, data analysis, and reporting
Proficiency in creating and analyzing cash flow statements and depreciation schedules
Ability to calculate historical ratios and analyze their implications
Understanding of the Time Value of Money concept and its application in financial decision-making

Once the test is sent to a candidate, the candidate receives a link in email to take the test. For each candidate, you will receive a detailed report with skills breakdown and benchmarks to shortlist the top candidates from your pool.

What topics are covered in the Financial & Excel Modeling Test?

Financial Analysis: Financial analysis refers to the assessment of a company's financial performance, including the analysis of financial statements, ratios, and trends. It helps in evaluating the company's profitability, liquidity, and solvency, providing insights into its financial health and performance.

Financial Planning: Financial planning involves developing a comprehensive strategy to manage and allocate financial resources effectively. It includes creating budgets, setting financial goals, and formulating investment plans to achieve those goals. This skill is measured in the test to assess a candidate's ability to develop and execute financial plans.

Financial Forecasting: Financial forecasting is the process of predicting future financial outcomes based on historical data and market trends. It helps in estimating revenues, expenses, and cash flows, enabling businesses to make informed decisions and plans. This skill is measured in the test to evaluate a candidate's ability to forecast financial outcomes accurately.

Financial Reporting: Financial reporting involves preparing and presenting financial statements and reports to communicate relevant financial information to stakeholders. It includes the preparation of balance sheets, income statements, and cash flow statements. This skill is measured in the test to assess a candidate's proficiency in accurately preparing financial reports.

Valuation: Valuation refers to the process of determining the intrinsic value of an asset, such as a business, stock, or investment. It involves analyzing various factors and methodologies to estimate the fair value of the asset. This skill is measured in the test to evaluate a candidate's ability to assess the worth of different assets.

Investment Analysis: Investment analysis involves evaluating the potential risks and returns of different investment opportunities. It includes analyzing financial statements, market trends, and industry dynamics to make informed investment decisions. This skill is measured in the test to assess a candidate's ability to analyze and recommend suitable investment options.

Risk Management: Risk management is the process of identifying, assessing, and mitigating potential risks that may impact an organization's financial objectives. It includes developing risk avoidance and risk mitigation strategies to minimize potential losses. This skill is measured in the test to evaluate a candidate's understanding of risk management techniques.

Budgeting: Budgeting involves the process of planning and allocating financial resources to achieve organizational goals. It includes estimating expenses, setting financial targets, and monitoring actual spending against the budget. This skill is measured in the test to assess a candidate's ability to create and manage budgets effectively.

Financial Statements: Financial statements are formal records of a company's financial activities, including the balance sheet, income statement, and cash flow statement. These statements provide essential information about an organization's financial performance, position, and cash flows. This skill is measured in the test to evaluate a candidate's proficiency in analyzing and interpreting financial statements.

Cash Flow Statement: A cash flow statement is a financial statement that shows the inflows and outflows of cash during a specific period. It provides insights into a company’s liquidity, operating activities, and investing/financing decisions. This skill is measured in the test to assess a candidate's understanding of cash flow analysis and their ability to interpret cash flow statements.

Depreciation Schedule: A depreciation schedule is a document that outlines the depreciation expense of an asset over its useful life. It helps in allocating the cost of an asset over time and reflects the reduction in its value due to wear and tear or obsolescence. This skill is measured in the test to evaluate a candidate's ability to calculate and track depreciation expenses.

Historical Ratios: Historical ratios are financial metrics calculated based on historical financial data. They provide insights into a company's past financial performance and can be used to analyze trends and make comparisons. This skill is measured in the test to assess a candidate's proficiency in analyzing and interpreting historical financial ratios.

Time Value of Money: The time value of money is a concept that states that the value of money changes over time due to factors such as inflation, interest rates, and opportunity costs. It is important in financial analysis and investment decision-making as it helps in evaluating the worth of cash flows occurring at different times. This skill is measured in the test to evaluate a candidate's understanding of the time value of money and its application in financial calculations.

Net Present Value: Net present value (NPV) is a financial metric used to assess the profitability of an investment by discounting the future cash flows to their present value. Positive NPV indicates that the investment is expected to generate more value than the initial investment, while negative NPV implies a potential loss. This skill is measured in the test to assess a candidate's ability to calculate and interpret NPV.

Internal Rate of Return: Internal rate of return (IRR) is a financial metric used to assess the attractiveness of an investment by calculating the discount rate at which the net present value (NPV) of the investment becomes zero. It helps in determining the rate of return that an investment is expected to generate. This skill is measured in the test to evaluate a candidate's ability to calculate and interpret IRR.

Asset Valuation: Asset valuation refers to the process of determining the worth of an asset, such as property, equipment, or inventories. It involves analyzing factors such as market conditions, replacement costs, and income potential to estimate the fair value of the asset. This skill is measured in the test to assess a candidate's ability to value different types of assets.

Stock Valuation: Stock valuation is the process of determining the intrinsic value of a company's stock. It involves analyzing financial statements, market trends, and industry dynamics to estimate the fair value of the stock. This skill is measured in the test to evaluate a candidate's ability to analyze and value stocks.

Risk And Return: Risk and return are two essential concepts in finance that go hand in hand. Risk refers to the possibility of losing some or all of the invested capital, while return represents the gain or loss on the investment. Measuring a candidate's understanding of risk and return helps in assessing their ability to make informed investment decisions.

Rate of Return: Rate of return is a financial measure used to evaluate the profitability of an investment over a specific period. It represents the percentage gain or loss on an investment relative to its initial cost. Measuring a candidate's ability to calculate and interpret rates of return helps in assessing their analytical skills in investment analysis and performance evaluation.

Capital Asset Pricing Model: The Capital Asset Pricing Model (CAPM) is a financial model used to estimate the expected return on an investment based on its risk relative to the overall market. It helps in determining the appropriate required rate of return for an investment. Measuring a candidate's understanding of CAPM helps in assessing their knowledge of asset pricing and risk management.

Excel Macros: Excel macros are automated sequences of commands and functions written in Visual Basic for Applications (VBA) programming language. They enable users to automate repetitive tasks, perform complex calculations, and interact with data in Excel. Measuring a candidate's proficiency in Excel macros helps in assessing their ability to optimize workflows and enhance productivity.

Excel Modeling: Excel modeling refers to the process of creating financial models using Excel to analyze and forecast financial data. It involves using formulas, functions, and data analysis techniques to build dynamic models that facilitate decision-making. Measuring a candidate's skill in Excel modeling helps in assessing their ability to effectively use Excel for financial analysis and forecasting.

Full list of covered topics

The actual topics of the questions in the final test will depend on your job description and requirements. However, here's a list of topics you can expect the questions for Financial & Excel Modeling Test to be based on.

Financial modeling

Financial analysis

Financial forecasting

Financial reporting

Valuation techniques

Investment analysis

Risk management

Budgeting

Financial statements

Cash flow statement

Depreciation schedule

Historical ratios

Time value of money

Net present value

Internal rate of return

Asset valuation

Stock valuation

Risk and return

Rate of return

Capital Asset Pricing Model

Excel modeling

Excel macros

Financial planning

Financial statements analysis

Financial ratios

Cost of capital

Debt financing

Equity financing

Profitability analysis

Break-even analysis

Sensitivity analysis

Financial statement forecasting

Market indicators

Financial options

Working capital management

Risk assessment

Portfolio management

Capital budgeting

Dividend policy

Cash management

Financial projections

Operating income

Financial efficiency

Capital structure

Leverage

Financial decision making

Financial controls

Financial risk

Financial strategy

Return on investment

Financial performance evaluation

Equity valuation

Financial markets

What roles can I use the Financial & Excel Modeling Test for?

Financial Analyst
Business Analyst
Accountant
Finance Manager
Risk Analyst
Data Analyst
Management Consultant

How is the Financial & Excel Modeling Test customized for senior candidates?

For intermediate/ experienced candidates, we customize the assessment questions to include advanced topics and increase the difficulty level of the questions. This might include adding questions on topics like

Knowledge of Net Present Value (NPV) and Internal Rate of Return (IRR) techniques in investment evaluation
Capability to perform financial statement analysis and interpret the results
Proficiency in asset and stock valuation methods based on market, income, and cost approaches
Understanding of risk and return principles and the Capital Asset Pricing Model (CAPM)
Ability to calculate and interpret rates of return on investments
Competence in using Excel macros and automation for financial modeling and analysis
Proficiency in constructing Excel models for financial planning and forecasting
Capability to perform sensitivity analysis and scenario planning using Excel
Knowledge of financial forecasting techniques and their application in Excel modeling
Ability to build Excel models for budgeting and variance analysis

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Have questions about the Financial & Excel Modeling Hiring Test?

What is the Financial & Excel Modeling Test?

The Financial & Excel Modeling Test assesses candidates' skills in financial analysis, planning, and Excel modeling. It is used by recruiters to evaluate candidates for roles requiring competency in financial tasks and Excel automation.

Can I combine the Financial & Excel Modeling Test with questions from the Financial Accounting Test?

Yes, you can request a custom test that includes questions from both the Financial & Excel Modeling Test and the Financial Accounting Test. This will help you assess multiple related skills in one test.

What topics are evaluated in the Financial & Excel Modeling Test?

The test covers a range of topics including financial analysis, valuation, investment analysis, risk management, financial statements, historical ratios, time value of money, and Excel macros for financial modeling.

How to use the Financial & Excel Modeling Test in my hiring process?

Integrate this test at the beginning of your recruitment process. You can attach it to your job post or invite candidates directly via email.

Can I test Financial Analysis and Excel skills together?

Yes, you can. We recommend using the Business Analyst Excel Test to evaluate both financial analysis and Excel skills effectively.

What are the main Finance tests available?

Some important Finance tests include:

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. Here's a quick guide on how you can request a custom test.

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
Screen proctoring
Web proctoring
Webcam proctoring
Plagiarism detection
Secure browser
Copy paste protection

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.

I'm a candidate. Can I try a practice test?

No. Unfortunately, we do not support practice tests at the moment. However, you can use our sample questions for practice.

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

Here is a quick guide on how to request a custom assessment on Adaface.

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Along with scorecards that report the performance of the candidate in detail, you also receive a comparative analysis against the company average and industry standards.

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