Fashion Editor Test
Evaluate Fashion Editor candidates with a targeted test on trend forecasting and brand alignment skills.
Quantitative Analyst Test
A quantitative analyst test is a measure of candidate suitability and job readiness, predominantly used as a screening tool when recruiting for a quantitative analyst position.
Try for freeMore than 3000 Companies trust Neuroworx
What is a quantitative analyst test?
A quantitative analyst test is a job knowledge test that helps employers make objective, well-informed decisions when hiring for the role. The test has been written by subject matter experts to focus on the knowledge and skills essential for success in quantitative analysis.
Candidates must work their way through a series of questions addressing key topics such as the interpretation of financial data, statistical modeling, market trend analysis, and risk management. A candidate's programming skills will also be assessed along with job-critical soft skills.
A high score on the test indicates a candidate has both the theoretical knowledge and practical experience to support a business with intelligent quantitative analysis. Such candidates can then be shortlisted for further assessment to give recruiters a comprehensive applicant profile.
About the Quantitative Analyst Test
Skilled quantitative analysts are in high demand, and sought after by employers such as investment banks, private equity firms, hedge funds, and insurance companies. These professionals have a high level of responsibility, tasked with using their skills to inform strategic financial and business decisions.
As they are so critical to investing well and mitigating risk, appointing the best talent is a must. The quantitative analyst test helps you do just that by assessing each applicant on the practical application of their skills.
Why should you use a quantitative analyst test for recruiting?
Recruiting for a quantitative analyst means looking for a diverse set of skills, knowledge, and expertise.
Successful candidates must have keen financial acumen, a high level of numerical reasoning ability, and advanced analytical skills. The very best candidates will be well-versed in quantitative algorithms and programming languages like C++ and Python. They'll also have soft skills such as problem-solving, decision-making, and communication.
That's a lot of information to try and take from a resume alone, making it almost impossible to shortlist candidates effectively. To complicate things further, there's no guarantee that what an applicant claims on their resume is true.
By using the quantitative analyst test you can both streamline and enhance the screening process.
The test can be administered remotely and at high volume - making it ideal when dealing with a large and geographically diverse applicant pool - whilst score reports give you comparable data so you can easily separate high performers from those that don't quite meet the benchmark. The test also brings objectivity, so you can make shortlisting decisions without bias.
Allowing you to evaluate essential criteria in a time and cost-efficient manner, the quantitative analyst test is a valuable addition to your recruitment strategy. It will help you hire the best talent to support your business objectives.
View a sample report
Results for the Quantitative 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 quantitative analyst 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. time management), 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 judgment 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 quantitative analyst were identified using the US Department of Labor's comprehensive O*NET database. O*NET is the leading source of occupational information constantly updated by collecting data from employees in specific job roles.
Test questions were rigorously analysed during the development process 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 actual level of expertise.
Our quantitative analyst test is monitored to ensure it is up-to-date and optimized for performance.
Our test platform
Our platform offers an extensive library of hundreds of tests, giving you the flexibility to select and combine them in any way that suits your hiring needs. From understanding specific role requirements to assessing general cognitive abilities, our diverse library ensures you can tailor your assessment process precisely.
- Multi-format.
- Our test questions come in various formats, including multiple-choice, true and false, ranking and situational judgment, all ensuring comprehensive candidate assessment.
- Role-specific simulations.
- Experience real-world scenarios with our role-specific simulations, providing accurate insights into candidates' performance, readiness and fit for the position.
- Adaptive scoring.
- Our adaptive scoring system evaluates responses in real-time, by adjusting to the candidate's ability level, enhancing accuracy and reliability.
Curated by our
team of experts
Scientifically validated by psychometric specialists
- Our team of assessment experts is made up of I/O psychologists, psychometricians, and subject matter experts who work closely together to ensure each test is accurate and reliable.
- Our subject matter experts are rigorously vetted and typically have several years of experience working in their industries and hold advanced credentials.
Frequently asked questions
- What skills are necessary to be a quantitative analyst?
A quantitative analyst needs a variety of hard and soft skills to be successful. Hard skills include mathematical, statistical, and financial aptitude, programming skills, and software proficiency. Soft skills include teamwork, problem-solving, attention to detail, and communication.
- What other tests might be helpful for a quantitative analyst?
When creating a test battery for your quantitative analyst hire you should aim for a combination of technical skills, soft skills, and aptitude tests. Useful assessments include relevant programming tests, numerical reasoning, logical reasoning, and decision-making. You could also use personality testing to evaluate job fit.
- What is the cost for Neuroworx’s quantitative analyst test?
Neuroworx 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 seven days. Create as many jobs and test as many candidates as you want; you won't be charged a penny.
Related tests
General Laborer Test
Assess vital skills for General Laborers through scenario-based dilemmas with our specialized test.
Maintenance Technician Test
A maintenance technician test assesses a candidate on the key skills and knowledge needed for the role.
Legal Secretary Test
Legal secretary tests help prospective employers to evaluate whether job applicants have the essential traits and skills to be effective legal secretaries.
Boost your hiring power.
Start using Neuroworx today.
Talk is cheap. We offer a 7-day free trial so you can see our platform for yourselves.
Try for free