Investment Banker Test

An investment banker test can be used by employers to assess applicants on key skills and competencies to determine their suitability for an investment banker position.

  • What is an investment banker test?

    The investment banker test is designed to help hiring teams and recruiters determine candidates' suitability for an investment banking role.

    The test uses multiple choice questions to assess applicants on technical skills such as analytical and numerical ability, carrying out financial modelling, and using valuation methods.

    It also measures candidates on soft skills such as communication and interpersonal skills, attention to detail, and problem solving.

    A candidate who performs highly on this test has demonstrated they may have the necessary skill set and experience to perform well in the job.

About the Investment Banker Test

Some of the typical responsibilities of an investment banker include implementing long-term and short-term financial plans, creating financial models, and conducting market research to identify new business opportunities.

Picked's investment banker test assesses candidates on the most critical skills, to ensure you shortlist only the most capable candidates in your talent pool.

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  • Why should you use an investment banker test for recruiting?

    Investment banking positions tend to attract high volumes of applicants, many of whom appear similarly qualified and experienced. You can, to an extent, rely on application forms to guide your decision, but these can often give limited insight into how a candidate is likely to perform in practice.

    Picked's investment banker test helps solve this problem, by providing you with an easy-to-administer assessment to help whittle down your talent pool to only the most promising candidates.

    Our test highlights a candidate's proficiency in key areas such as numerical and analytical skills, written and verbal communication skills, and commercial awareness.

    The test is easily implemented into your recruitment process and presents you with a set of straightforward results that allows you to compare each candidate on their strengths and weaknesses.

    This creates a more streamlined recruitment process where the highest performers are advanced to the next round, while those who underperformed are excluded.

Picked Sample Report

View a sample report

Results for the Investment Banker 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 investment banker skills

Candidates will need to answer a range of questions that measure industry-specific technical skills where applicable (e.g.Microsoft Excel), soft skills (e.g. interpersonal skills), aptitude (e.g.numerical reasoning) and relevant personality dimensions (e.g. detail orientation). 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 an investment banker 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 investment banker test is monitored to ensure it is up-to-date and optimised for performance.


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Instant access to our full testing suite.

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    Fully accredited

    All our Investment Banker tests are written by accredited psychologists and fully validated.

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    For all levels

    We offer Investment Banker tests for all levels so you can assess all roles within your organisation.


Energize selection process

Streamline hiring with our out-of-the-box tools.

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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

Improve hiring with bias-free, data-driven decisions.

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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
“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 are required to be an investment banker?

Important skills for an investment banker include analytical and numerical skills; written and verbal communication skills; interpersonal skills; critical thinking skills; teamwork and leadership skills; strong financial modelling skills.

Is the investment banker test hard?

Picked's investment banker test is designed to evaluate whether a candidate has the necessary skill set and expertise you would expect from those already in a similar role. Therefore, this test should not be overly challenging for quality candidates.

What is the cost for Picked's investment banker 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.

Can I get a free trial?

Yes, simply sign up (no credit card is required) and we'll give you unlimited access for 7 seven days. Create as many jobs and test as many candidates as you want; you won't be charged a penny.

“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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