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.

  • 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.

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  • 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.

Picked Sample Report

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.


Predictor of job success

Picked provides evidence-based recommendations for tests to use for over 750 jobs. Our recommendation engine leverages data from the Occupational Information Network (O*NET) developed by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA).


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    Fully accredited

    All our Financial Analyst tests are written by accredited psychologists and fully validated.

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    For all levels

    We offer Financial Analyst tests for all levels so you can assess all roles within your organisation.


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    Smart automations

    Automated actions such as alerts and reminders ensure a smooth candidate experience.

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    Instant results

    Receive candidate results in real-time so you can make decisions in hours, not days.


Make better hires

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    Analytics dashboard

    Our full array of candidate performance metrics will provide actionable data on each of your candidates.

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    Candidate comparison

    Simple, easy-to-use candidate comparison reports mean you don’t need to be a psychologist to interpret them.

“We used Picked as part of our Finance Graduate Scheme recruitment and it was just what we needed – really simple to send candidates the link to complete and clear to see how they all compared. And great value for money!”
Christina, HR Director, Cancer Research, UK
Christina, HR Director, Cancer Research, UK
Financial Analyst Test expert

Written by a Financial Analyst Test expert

Our team of assessment experts is made up of I/O psychologists and psychometricians who are dedicated to making all of our tests as reliable, valid and fair as possible. They strictly adhere to best practices in the industry and stay on top of the latest innovations to ensure job candidates’ unique profiles of characteristics, abilities and knowledge are being measured accurately while minimising bias. They leverage decades of research and advanced predictive analytics to build assessments that link to outcomes that matter, such as job performance, turnover, engagement, culture fit and more.

“Personality profiling allowed us to perform lookalike modelling of our most successful employees and use this as a blueprint for new hires.”
Nick, HR Operations, Airbus, Spain
Nick, HR Operations, Airbus, Spain


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 Picked’s financial analyst test?

Picked 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.

“Focusing on data reduced the subjective decision making from our hiring process and allowed us to reduce bias and make better hiring decisions.”
Izzie, Head of HR, iZettle, Sweden
Izzie, Head of HR, iZettle, Sweden

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