Financial Reasoning Tests

Financial reasoning tests involve looking at graphs, tables and other numerical problems.

  • What are financial reasoning tests?

    Financial reasoning tests are not too dissimilar to numerical reasoning tests in that they both examine a person’s ability to process numerical information. In this case, the maths questions you’ll answer will also be interspersed with questions more specific to the world of finance. It might not be the most common aptitude test you’d expect to face if you’re applying for a role in the armed forces, however it’s a helpful employment tool for any job role that involves an above average amount of finance. Getting to grips with the question format and content is a good idea, so we recommend practising as many financial numerical reasoning tests as you can before the one you’re working towards.

  • Why do employers use financial reasoning tests?

    Employers in the armed forces use financial reasoning tests when they’re looking to hire for roles where financial knowledge and an aptitude for numbers are important. The test allows employers to scrutinise the results of a group of candidates who, on paper, may appear to have a very similar set of skills and experiences. Therefore preparing for the test by practising as much as you can really is the best way to set yourself apart from the competition.

  • What is the financial reasoning test format?

    The format of the test often varies, but you can expect to see questions on everything from basic mathematical principles to more specific financial issues such as profit and loss margins and market capitalisation. Often, the questions will be answered only by reading through long passages of text and extracting the information needed to make an informed answer.

  • What skills does financial reasoning test?

    The test is there primarily to examine your mathematical and financial skills. However, all aptitude tests also give an employer the chance to see how well you cope under pressure as they come with challenging time limits in which you need to complete all the questions. The best way to hone your skills is to practise similar tests so you get to grips with the type of questions you’re likely to be asked.

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Financial Reasoning Tests FAQs

How are financial reasoning tests scored?

Tests vary in terms of scoring, but sometimes your test score will be compared to a normative group who have taken the same test for a more ‘real’ understanding of how you did. Occasionally the answers are negatively marked too.

What are financial reasoning tests used for?

In the armed forces, there are several roles for which financial knowledge is important. If you’re applying for one of these roles then it’s highly likely you’ll be asked to take a financial reasoning test. Employers use the test alongside traditional interview practices, to find the candidate(s) best suited for the job role and team.

What do financial reasoning tests involve?

The questions can be quite wordy; you may have to read through passages of 150-200 words to extract the information needed to answer questions on everything from fractions, graphs and averages, to market capitalisation and profit and loss margins.

What do financial reasoning tests measure?

The financial reasoning test examines your mathematical and financial skills. This is important for many different job roles in the army, so practising tests before taking the one that counts is the smart way to get ahead.

Where can I practice financial reasoning tests?

You can practice financial reasoning tests here. Preparing in this way is a great idea as you can work on your speed, accuracy and confidence. Plus, you’ll also pick up those handy tips and tricks that might just make things that bit easier on the day.

Which employers use financial reasoning tests?

In the armed forces there are plenty of roles that require the person in the job to have strong financial skills and abilities. This is also true of other industries, and is why the financial reasoning test is used by employers in sectors as diverse as law and the army.