News Analysis (12 questions)
Questions designed to assess your ability to use information from news articles. You are asked to read a series of brief passages on topics that impact the financial world and to answer questions that assess your critical and inferential comprehension of the information presented in the passage.
Economics (12 questions)
This sections assesses how you apply the Economics concepts described in the questions. You should be aware of important current events and trends in the global economy. This section gauges your ability to analyze and interpret economic data, information, and situations. Microeconomics topics include consumer behavior, firm behavior, market equilibrium, and trade and international relations. Macroeconomics topics include economic production (GDP/GNP), labor markets, the commercial banking and central banking systems, government activity in the economic sphere, and global trade policies.
Math Skills (14 questions)
This section is designed to assess broad‐spectrum math skills, with an emphasis on finance‐related math. Questions require the solution or analysis of math problems ranging from algebra to more advanced topics such as linear equations. Formulas are provided for you in more complex questions because we are more interested in how you think about the problems than in your ability to calculate.
Analytical Reasoning (12 questions)
Questions to assess problem solving ability. You are presented with a series of hypothetical situations or sets of conditions and asked to answer a series of questions that require you to solve problems using logic, deduction, and creativity.
Financial Statements Analysis (12 questions)
This section is designed to assess basic understanding of financial statements, which are the building blocks of corporate analysis. We expect you to understand the basic principles of how a business calculates a profit, measures its liquidity, and uses financial ratios to assess its performance.
Investment Banking (12 questions)
This section is designed to assess how you apply the fundamental principles of financing and strategic advisory performed by an investment bank. By following the news, you should know the general motivations and concepts behind initial public offerings, leveraged buyouts, and mergers and acquisitions.
Global Markets (14 questions)
This section tests your familiarity with a broad range of concepts, current events, and trends in the global financial markets that are presented in the media, as well as the ability to analyze and interpret data and information in the context of activities, and transactions that take place in the financial markets. Topics covered include primary and secondary market activities in both equity and fixed‐income products, governmental activities, interest rates, currencies and foreign exchange, asset pricing, and the activities of both institutional and retail investors in the global financial markets.
Chart and Graph Analysis (12 questions)
This section assesses your ability to interpret and use information found in charts and graphs. Questions require the understanding of chart and graph problems ranging from basic (for example, being able to perform basic calculations on a chart’s data) to more advanced topics (such as being able to combine information from multiple graphs and predict an outcome).