ICAP assessment center
Does anyone have any information on this? I received an invite and am not really sure what to expect. From some research online it sounds like there is a group exercise a trading exercise, as well as an interview, as well as a math test. Does anyone know what type of material to study for the math test? What should I know for it. Also looking for information on the trading simulation and any way to prepare for it. Thanks everyone
bump
It's something like a simulated Bloomberg news screen with info and ticker going on. You're supposed to answer the question within 1 minute and move on to the next. In the final 10 seconds of every questions, there will be beeping sound counting down and that was pretty nerve wreaking for me.
It's pretty simple math with basic understanding of FX. (at least that was for my case)
Hope it helps. :)
Which office are you applying by the way?
Structure: - Brief Intro/ Video Presentation - Numerical Test (SHL 20 qns in 20 min) - Trading Simulation (Timed MCQs based on various news flashes/ stock prices/ spot rates) noob_lao is right, no complex math, just be very comfortable converting rates around.. - 30 min interview with HR (Competency based)
good luck!
ICAP Assessment Center (Originally Posted: 01/17/2011)
I am a candidate for the ICAP Broker summer internship in NYC and have been invited to compete at an "Assessment Center." It is hard to find out much about what this day will entail besides a "numerical test," trading simulation, interview, and "group exercise." I am particularly interested in what the "numerical test" will include. Does anyone have any recent experience with ICAP's process or have words of wisdom for the quantitative skills necessary for broking? I'm only an undergrad soph.
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ICAP Assessment Center: assessment center for a full-time broker position (Originally Posted: 11/06/2009)
I've been invited to the assessment center for a full-time broker position, which is the second round in the recruitment process. Has anyone been through it/know anything about the assessment center.
I heard it consists of an interview, numerical/verbal test, trading simulation, and group exercise.
bump
yo i was there as well- was this for the 2010 broking position..have you heard back yet??
I have the onsite assessment in two weeks, could you guys provide some insight into what to expect? and how to study?
Also a question for more senior folks. - Understanding total compensation is obviously dependent upon the product you broker and business you bring in - suspecting energy and fixed income are now hot areas, what can an average senior person expected to bring home after brokering for 10 yrs?
Thank you!
pm me if you need more info
I have the assessment later this week. I'm looking for any additional information about the process.
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PIE, I would like to receive more info on this topic but I can't pm you yet since I haven't had enough points to do so... Would you mind sending me some info along the way? I appreciate the help.
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