What are standard 'tests' that are given in late-stage IB interviews aside from case study etc. would it be like a pen and paper maths test or what is being assessed at late stage for an entry level role?
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Based on the most helpful WSO content, late-stage IB interviews often involve a variety of tests to assess a candidate's skills and suitability for the role. Here are a few examples:
Modeling Test: This is a common test where you might be asked to build a financial model. For instance, LAZ has an epic 3-hour modelling test where you have to build a DCF and present your findings.
Case Studies: These are used to assess your problem-solving skills. UBS, for example, does on-site testing, 2 case studies (individual and group) as well as further interviews.
Psychometric/Intelligence Testing: These are used as a preliminary recruitment step to cut down the amount of CVs to review. They are relatively easy to prepare for and are used in many industries globally.
Remember, the exact nature of the tests can vary depending on the company and what they are looking for in a candidate. So, it's always a good idea to do your homework about the specific firm you're interviewing with. Good luck, mate!
Sources: London recruitment-can't understand how it works., https://www.wallstreetoasis.com/forum/investment-banking/qa-australian-ib-life-etc?customgpt=1, Best Practices for Finding Lateral Opportunities, Decided last minute to recruit for IB. What's the most efficient way to interview prep?, Ask Accepted: What are my chances?
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