Financial Math test: Pre-employment screening assessment to hire the best candidates

Summary of the Financial Math test

This Financial Math test assesses a candidate’s ability to perform mathematical computations essential for identifying and evaluating financial outcomes. The test helps you identify candidates who can perform these computations efficiently and accurately.

Covered skills

  • Equations

  • Linear programming and mathematical progression

  • Time value of money

  • Application of time value of money in business

Use the Financial Math test to hire

Financial analysts, financial researchers, financial officers, executives, members of in-house finance and accounts departments, and anyone else responsible for performing mathematical analysis and computations for financial decision-making.

Type

Role specific skills

Time

10 min

Languages

English

Level

Intermediate

About the Financial Math test

Sustainable growth for many businesses depends on accurate financial information. At the core of this financial information is financial math: functions, computations, and arithmetic related to financial information. Proper business decision-making is supported by various mathematical analyses and computations.

High-quality financial mathematics is a hallmark of high-quality financial positions. To find suitable candidates for your organization, this screening test uses practical, scenario-based questions that ask candidates to solve financial math problems that regularly come up when handling finance-related matters, such as computation of present and future value, net present value, internal rate of return, real and nominal rate of return, and products leading to profit maximization.

Candidates performing well on this Financial Math test will possess a good understanding of financial math and help your organization solve complicated finance-related problems and computations. Successful candidates will provide valuable input for your company’s financial decisions.

All Financial Math test questions can be solved without using a calculator, but given the time constraints, access to a calculator is highly recommended for all candidates taking this test.

The test is made by a subject-matter expert

Abdul G.

Abdul is a chartered accountant and certified ISO 31000 risk manager with over 15 years of experience managing other accountants and staff in many businesses, large and small. Abdul also has an MBA with significant consulting experience across business sectors, including oil and gas, pharmaceuticals, food, and education. He has worked as a university lecturer in accounting, finance, and tax-related subjects for more than five years and currently works on complex risk management policies as a senior risk management officer.

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TestGorilla’s tests are created by subject matter experts. We assess potential subject-matter experts based on their knowledge, ability, and reputation. Before being published, each test is peer-reviewed by another expert, then calibrated using hundreds of test takers with relevant experience in the subject. Our feedback mechanisms and unique algorithms allow our subject-matter experts to constantly improve their tests.

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